Electromagnetic Surgical Navigation System is a kind of surgical navigation system, which can offer the patient preoperative or intraoperative image data and the operative bed patient's anatomical structure corresponding accurate, operation tracking of surgical instruments and the position of the surgical instrument in the patient image in real-time updates on the form of the virtual probe display, make the doctor of surgical instruments relative to patient anatomy structure at a glance, make surgery more rapid, more accurate and safer.
Electromagnetic Surgical Navigation System generally includes three magnetic field generators and one magnetic field detector. The advantage of Electromagnetic Surgical Navigation System is low cost, convenient and flexible, no blocking problem of the light path between the detector and the generator. The disadvantage is that Electromagnetic Surgical Navigation System is very sensitive to the metal objects, especially for the ferromagnetic instrument in the surgical area. Because of the operation room has monitor, anesthesia machine and other equipment, so a large number of multi frequency electromagnetic wave can influences the accuracy and reliability of electromagnetic navigation.
In the last several years, Global market of Electromagnetic Surgical Navigation System developed rapidly, with an average growth rate of 7.3%.
North America region is the largest supplier of Electromagnetic Surgical Navigation System, with a production market share nearly 64% in 2015. Europe is the second largest supplier of Electromagnetic Surgical Navigation System, enjoying production market share nearly 34% in 2015.
North America is the largest consumption place, with a consumption market share nearly 45% in 2015. Following North America, Europe is the second largest consumption place with the consumption market share of 27 %.
Market competition is not intense. Medtronic, Brainlab, Fiagon, Veran Medical, Karl Storz, etc. are the leaders of the industry, and they hold key technologies and patents, have been formed in the monopoly position in the industry.
With the development of medical technology level, Electromagnetic Surgical Navigation System will be widely used in surgical field. The Electromagnetic Surgical Navigation System will become more and more accurate in surgical process.
According to this study, over the next five years the Electromagnetic Surgical Navigation System market will register a 7.4% CAGR in terms of revenue, the global market size will reach USD 240 million by 2024, from USD 160 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Electromagnetic Surgical Navigation System business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Electromagnetic Surgical Navigation System market by product type, application, key manufacturers and key regions and countries.
This study considers the Electromagnetic Surgical Navigation System value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
110 VAC
240 VAC
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Orthopedic Navigation System
ENT Navigation System
Spinal Navigation System
Neurosurgery Navigation System
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Medtronic
Brainlab
Fiagon
Collin Medical
Karl Storz
Scopis
Veran Medical
...
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Electromagnetic Surgical Navigation System consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Electromagnetic Surgical Navigation System market by identifying its various subsegments.
Focuses on the key global Electromagnetic Surgical Navigation System manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Electromagnetic Surgical Navigation System with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Electromagnetic Surgical Navigation System submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
