ORTHOPEDIC SURGICAL NAVIGATION SYSTEMS MARKET ANALYSIS

Orthopedic Surgical Navigation Systems Market, By Technology Type (Electromagnetic, Radiography, Fluoroscopy-based, Imageless, Others), By Application Type (Knee Surgeries, Spine Surgeries, Hip Surgeries, Shoulder Replacement Surgeries, Joint Replacement Surgeries, Others), By End User (Hospitals, Specialty Clinics, Ambulatory Surgery Centers, Others) and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2022-2028

To Be Published : Sep 2024
Code : CMI4519
Formats :
Excel and PDF
Industry : Healthcare IT

Regional Analysis

Global Orthopedic Surgical Navigation Systems Market – Regional Insights

North America may account for the largest share in the global orthopedic surgical navigation systems market in the forecast period owing to the approval of surgical navigation system for spine surgeries. For instance, on August 6, 2020, Joimax, the leading provider in technologies and training methods for full-endoscopic and minimally invasive spinal surgery, announced that the U.S. Food and Drugs Administration (FDA) had approved Intracs, an electromagnetic navigation tracking and control system. Intracs Navigation System enables spinal procedures to be performed with minimal X-ray control, significantly reducing radiation exposure, access time, and overall duration of the surgical procedure.

Furthermore, due to the increasing mergers and collaborations within the market players, Asia Pacific may witness a lucrative growth in the global orthopedic surgical navigation systems market over the forecast period. For instance, on March 25, 2021, Meril Healthcare Pvt. Ltd., an India-based leading orthopedic implant manufacturer, collaborated with Curexo Inc. of South Korea to bring CUVIS Joint, the world's first active robotic knee replacement system, to India and strengthen the quality of healthcare. The main components of the CUVIS Joint are the Main Console, the Robotic Arm, and the Planning Device. The surgeon and team can use the planning device to plan the surgery a day ahead of time using patient-specific CT imaging. The Main Console with Optical Tracking System (OTS) aids in real-time monitoring and guides the surgeon throughout the procedure. These factors are expected to support global orthopedic surgical navigation systems market growth over the forecast period.

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