The global Surgical Navigation Systems market is valued at 705.6 million USD in 2017 and is expected to reach 1.2 billion USD by the end of 2025, growing at a CAGR of 6.9% between 2017 and 2025. Many factors are attributed to this market growth such as the increasing adoption of minimally invasive surgeries and growing prevalence of orthopedic and neurological disorders. Other factors include rising number of collaborations and partnerships within the market, and government funding for research and development in the field of surgical navigation.
Regarding with market regions, the dominated market is North America because of the rising incidence of ENT disorders, rising adoption of minimally invasive surgeries, more funding for developing surgical navigation systems, and increasing application in ambulatory cases.
Surgical navigation system refers to a surgical concept that employs computer tools for surgical planning, guiding surgical interventions, and performing surgical procedures. The major component of surgical navigation system is to develop an accurate model of the patient. It can be conducted by various medical imaging technologies including CT, MRI, X-Rays, ultrasound, and so on. Then these images will be uploaded in the system to form three-dimensional information that provides accurate geometrical structure of the targeted region of the body. Therefore, the surgeon has a well-rounded idea of the targeted region supported by images from various angles.