Global surgical navigation market growing fast

CIOReviewIndia | Thursday, 31 January 2019, 04:47 IST

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surgical navigation marketAccording to a report by Adroit Market Research, with the increase in population and rise of disorders such as Brain cancer, ENT disorders, Dental, Neuro disorders are expected to drive the demand for surgical navigation systems in the coming years. Surgical navigation is one of the reliable techniques which are developed for safer surgeries. Navigation during surgery is an ideal technology useful in various medical devices. Surgical navigation is crucial in exact visualization of the medical framework. The surgical navigation system reduces the risks related to surgeries. The global surgical navigation market is mainly driven by the navigation technology which involves intra-operative imaging, instrument tracking technologies, and surgical planning software.

Global surgical navigation market is segmented based on End-use, Technology, Application, and Region. On the basis of end-use, the surgical navigation market is sub-segmented into hospitals and ambulatory centers. The hospital sector is anticipated to account for one of the largest global surgical navigation market share. Though, ambulatory centers are likely to grow to the highest CAGR rate over the forecast period. Technologically-advanced medical devices are being used extensively in hospitals to improve the Point-of-Care. These devices not only simplify the treatment procedures but also enable faster and more accurate results. Owing to these factors the hospital segment is expected to have steady growth over the future years.         

On the basis of region, the surgical navigation market is categorized into North America, Asia, Europe, and the rest of the world. As per the study, the North America region is estimated to dominate the surgical navigation market. Also, Asia is expected to be one of the wildest growing geographical segments over the forecast period.

On the basis of application, Neurology segment holds the largest share of the market as it was the first surgical branch to implement navigation and integrate it successfully in clinical routine. Neurology involves the treatment of brain cancer and other CNS disorders, which demand precise diagnosis and accurate operative procedures. This is possible with the help of SNSs. Navigation offers accurate localization of vital anatomic structures, such as cranial nerves or carotid artery, particularly if they are deep in the tumor. Further, it provides a real-time display of a tracked instrument.

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