Surgical Navigation Systems Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

The Surgical Navigation Systems Market is Segmented by Technology (Electromagnetic Navigation Systems, Hybrid Navigation Systems, Optical Navigation Systems, Fluoroscopy-based Navigation Systems, CT-based Navigation Systems, and Other Technologies), Application (Neurosurgery, Orthopedic Surgery, ENT surgery, Cardiac surgery, and Other Applications), End User (Hospitals, Ambulatory Settings, and Other End Users), and Geography (North America, Europe, Asia-Pacific, Middle-East, and Africa, and South America). The report offers the value (in USD million) for the above segments.

Surgical Navigation Systems Market Snapshot

Surgical Navigation Systems Market Summary
Study Period: 2019-2027
Base Year: 2021
Fastest Growing Market: Asia Pacific
Largest Market: North America
CAGR: 6.32 %
Surgical Navigation Systems Market Major Players

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Market Overview

The surgical Navigation Systems Market is poised to witness a CAGR of 6.32% during the forecast period.

The COVID-19 pandemic has significantly impacted the surgical navigation system market, with regional restrictions on elective procedures causing several procedures to be delayed. Moreover, the number of surgeries declined during COVID-19, hampering the market growth. According to a British Journal of Surgery report 2020, approximately 28 million elective surgeries were canceled or postponed during COVID-19. Patients preferred to wait for hospital visits, which impacted the surgical navigation system market. According to the research article 'Impact of Covid-19 on General Surgical Practice in India,' published in June 2020, post-lockdown daily out-patient visits reduced to 4 patients/day in India, and approximately 77% of professionals did not perform even a single surgical procedure. ​​On the other hand, other factors, such as the demand for better patient outcomes and the results of clinical trials, are likely to drive the adoption of new technologies in navigation-assisted surgeries and support long-term market growth.

Surgical navigation systems are an integral part of computer-assisted surgery. This represents a concept that supports surgical procedures based on digital imaging technology. It allows surgeons pre-operative planning and accurate surgical navigation of instruments during the process. The growth is likely to be fueled by the rising prevalence of target conditions such as osteoarthritis, brain tumors, ENT disorders, and the growing senior population. According to the article published in the E-Clinical Medicine 2020, for people aged 15 and up, the prevalence of knee osteoarthritis (OA) was 16%, while in people aged 40 and above, the prevalence was 22.9%. In 2020, roughly 654 million people worldwide (40 years and older) had knee OA. In people aged 20 and above, the global incidence of knee OA was 203 per 10,000 person-years. Surgical navigation systems map the knee of the patient to understand it better and carry out efficient surgical operations. Hence, the demand for this technology is expected to increase.

Other factors like growing demand for minimally invasive procedures and technological advancements are also expected to drive the growth of this market. However, the high cost of surgical navigation systems may restrain some hospitals from adopting them.

Scope of the Report

As per the scope of the report, surgical navigation systems assist surgery procedures with digital imaging technology, providing surgeons the opportunity for pre-operative planning and accurate surgical navigation of instruments during the procedure. The Surgical Navigation Systems Market is Segmented by Technology (Electromagnetic Navigation Systems, Hybrid Navigation Systems, Optical Navigation Systems, Fluoroscopy-based Navigation Systems, CT-based Navigation Systems, and Other Technologies), Application (Neurosurgery, Orthopedic Surgery, ENT surgery, Cardiac surgery, and Other Applications), End User (Hospitals, Ambulatory Settings, and Other End Users), and Geography (North America, Europe, Asia-Pacific, Middle-East and Africa, and South America). The market report also covers the estimated market sizes and trends for 17 different countries across major regions globally. The report offers the value (in USD million) for the above segments.

By Technology
Electromagnetic Navigation Systems
Hybrid Navigation Systems
Optical Navigation Systems
Fluoroscopy-based Navigation Systems
CT-based Navigation Systems
Other Technologies
By Application
Neurosurgery
Orthopedic Surgery
ENT Surgery
Cardiac Surgery
Other Applications
By End User
Hospitals
Ambulatory Settings
Other End Users
Geography
North America
United States
Canada
Mexico
Europe
Germany
United Kingdom
France
Italy
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Middle-East and Africa
GCC
South Africa
Rest of Middle-East and Africa
South America
Brazil
Argentina
Rest of South America

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Key Market Trends

Cardiac Surgery Expected to have a Large Market Share

Cardiac surgery, or cardiovascular surgery, is surgery on the heart or great vessels performed by cardiac surgeons. The surgical navigation system is becoming more popular in cardiovascular surgery as technology has advanced significantly over the last few years worldwide. Factors such as the increasing occurrence of cardiovascular disorders and the availability of advanced technologies are expected to boost the segment's growth.

According to World Health Organization (WHO) Statistics for June 2021, an estimated 17.9 million people died from cardiovascular diseases in 2019, accounting for 32% of all global deaths. A heart attack or a stroke caused 85% of these deaths. According to the same source, non-communicable diseases were responsible for 17 million premature deaths (under 70) in 2019, with cardiovascular diseases accounting for 38% of these deaths. ​Hence, cardiac surgery is expected to witness growth due to the increased mortality rate, driving the segment growth.

However, the rise in funding for the treatment of cardiovascular disorders is also expected to boost innovation and research, leading to market growth. According to the National Institutes of Health 2020, the estimated investment for cardiovascular diseases was expected to be USD 2,622 million in 2022. This was a significant increase from the 2021 figures of USD 2,499 million.

The product launches, strategic partnerships, and collaborative agreements are expected to drive the segment over the forecast period. For instance, in November 2020, Abbott received CE Mark and approval in Australia for its new EnSite X EP System and is launching the system throughout Europe and Australia. The EnSite X System is the only system that offers the option to navigate the cardiac anatomy two different ways on one platform.

Surgical Navigation Systems Market : Death Due to Chronic Diseases in Million by Disease Type, Global, 2020

North America Expected to Dominate the Surgical Navigation Systems Market

North America dominates the global surgical navigation systems market, majorly attributed to the well-established healthcare and medical device industry. The market's growth is majorly due to the presence of key companies operating in the surgical navigation systems market.

The increase in the number of surgeries performed in North America is the major driving factor for market growth. For instance, as per the research study published in January 2021, titled "The Impact of the COVID-19 Pandemic on Gastrointestinal Endoscopy Activity in a Tertiary Care Center from Northeastern Romania", in 2019, during the pre-COVID time, a total of 3,608 endoscopic procedures were performed, which was about 138 procedures per week.​ This increases the number of surgeries, rising the demand for a surgical navigation system and driving the market growth.

The geriatric population is more prone to chronic diseases due to the weak immune system. According to World Ageing Report 2019, the United States had 53.340 million people aged 65 years and above in 2019, and this number is expected to reach 84.813 million by 2050. This expected increase in the elderly population is likely to increase the incidence rate of chronic diseases, thus driving the use of surgical navigation systems in diagnosis and treatment.

The Asia-Pacific region is believed to witness the fastest growth over the forecast period, mainly attributed to the increasing adoption of technological advancements in the healthcare industry.

Surgical Navigation Systems Market : Growth Rate by Region

Competitive Landscape

The global key players are developing the majority of the surgical navigation systems. Market leaders with more funds for research and a better distribution system have established their position in the market. Moreover, Asia-pacific is witnessing an emergence of some small players due to the rise of awareness, which has helped the market grow.

Major Players

  1. Zimmer Biomet Holdings

  2. B Braun Melsungen AG

  3. Medtronic

  4. Stryker

  5. Siemens AG

Surgical Navigation Systems Market Concentration

Recent Developments

  • In November 2021, Brain Navi Biotechnology, a Taiwan-based startup specializing in innovative navigation robots, received CE mark approval for its NaoTrac, a robotic-assisted surgical navigation robot.
  • In February 2021, Royal Philips introduced ClarifEye Augmented Reality Surgical Navigation, an industry-first solution to advance minimally invasive spine procedures in the Hybrid Operating Room, such as Philips’ Hybrid Suite.

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Assumptions and Market Defination

    2. 1.2 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Overview

    2. 4.2 Market Drivers

      1. 4.2.1 Increasing Incidence and Prevalence of Chronic Disorders

      2. 4.2.2 Technological Advancements Leading to Enhanced Applications

    3. 4.3 Market Restraints

      1. 4.3.1 High Cost of Surgical Navigation Systems

      2. 4.3.2 Stringent Regulations for Product Approval

    4. 4.4 Porter’s Five Forces Analysis

      1. 4.4.1 Threat of New Entrants

      2. 4.4.2 Bargaining Power of Buyers/Consumers

      3. 4.4.3 Bargaining Power of Suppliers

      4. 4.4.4 Threat of Substitute Products

      5. 4.4.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION (Market Size by Value – USD million)

    1. 5.1 By Technology

      1. 5.1.1 Electromagnetic Navigation Systems

      2. 5.1.2 Hybrid Navigation Systems

      3. 5.1.3 Optical Navigation Systems

      4. 5.1.4 Fluoroscopy-based Navigation Systems

      5. 5.1.5 CT-based Navigation Systems

      6. 5.1.6 Other Technologies

    2. 5.2 By Application

      1. 5.2.1 Neurosurgery

      2. 5.2.2 Orthopedic Surgery

      3. 5.2.3 ENT Surgery

      4. 5.2.4 Cardiac Surgery

      5. 5.2.5 Other Applications

    3. 5.3 By End User

      1. 5.3.1 Hospitals

      2. 5.3.2 Ambulatory Settings

      3. 5.3.3 Other End Users

    4. 5.4 Geography

      1. 5.4.1 North America

        1. 5.4.1.1 United States

        2. 5.4.1.2 Canada

        3. 5.4.1.3 Mexico

      2. 5.4.2 Europe

        1. 5.4.2.1 Germany

        2. 5.4.2.2 United Kingdom

        3. 5.4.2.3 France

        4. 5.4.2.4 Italy

        5. 5.4.2.5 Spain

        6. 5.4.2.6 Rest of Europe

      3. 5.4.3 Asia-Pacific

        1. 5.4.3.1 China

        2. 5.4.3.2 Japan

        3. 5.4.3.3 India

        4. 5.4.3.4 Australia

        5. 5.4.3.5 South Korea

        6. 5.4.3.6 Rest of Asia-Pacific

      4. 5.4.4 Middle-East and Africa

        1. 5.4.4.1 GCC

        2. 5.4.4.2 South Africa

        3. 5.4.4.3 Rest of Middle-East and Africa

      5. 5.4.5 South America

        1. 5.4.5.1 Brazil

        2. 5.4.5.2 Argentina

        3. 5.4.5.3 Rest of South America

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Company Profiles

      1. 6.1.1 Brainlab AG

      2. 6.1.2 B Braun Melsungen AG

      3. 6.1.3 Fiagon AG

      4. 6.1.4 Karl Storz

      5. 6.1.5 Medtronic PLC

      6. 6.1.6 Siemens AG

      7. 6.1.7 Stryker Corporation (Scopis Gmbh)

      8. 6.1.8 Zimmer Biomet Holdings

      9. 6.1.9 Cascination AG

      10. 6.1.10 DePuy Synthes

    2. *List Not Exhaustive
  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Competitive Landscape covers- Business Overview, Financials, Products and Strategies and Recent Developments
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Frequently Asked Questions

The Global Surgical Navigation Systems Market market is studied from 2019 - 2027.

The Global Surgical Navigation Systems Market is growing at a CAGR of 6.32% over the next 5 years.

Asia Pacific is growing at the highest CAGR over 2021- 2026.

North America holds highest share in 2021.

Zimmer Biomet Holdings, B Braun Melsungen AG, Medtronic, Stryker, Siemens AG are the major companies operating in Global Surgical Navigation Systems Market.

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