Neuronavigation Systems Market Forecast to 2028 – Covid-19 Impact and Global Analysis – By Type (Electromagnetic System and Optical System); Application (Neurosurgery, ENT Surgery, Spinal Surgery, and Maxillofacial Surgery) and Geography
Neuro-navigation, also called as frameless stereotactic surgery is the technique which involves performance of real-time intraoperative guidance during spinal or brain injuries. This increases safety and accuracy during neurosurgery. Neuro-navigation systems help to guide the surgeon to the surgical targets without the need for external frames. These systems are used majorly in brain surgeries which helps to limit the size of skull opening or craniotomy and remove brain lesions such as tumors or other tissue masses.
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The neuronavigation systems market is anticipated to grow in the forecast period owing growing need and rising demand for accurate and precise systems for carrying out critical neurosurgeries, advantages such as shorter hospital stay & improved outcomes increase demand for these systems are expected to drive the growth of the market in the coming years. Rise in the untapped emerging nations, increase in number of people suffering with brain tumor and cancer leading to brain metastasis is expected to offer growth opportunities for the manufacturers operating in the market during the forecast period.
Neuronavigation Systems Market: Competitive Landscape and Key Developments
- Parsiss Co.
- Brainlab AG
- Heal Force
- Atracsys LLC
- Northern Digital Inc.
- SURGICAL THEATER, LLC
- Micromar Ind. e Com. LTDA
- Shenzhen Anke High-tech Co., Ltd.
The global neuronavigation systems market is segmented on the basis of type and application. Based on type, the neuronavigation systems market is categorized as, electromagnetic system and optical system. Based on application, the neuronavigation systems market is segmented into neurosurgery, ENT surgery, spinal surgery, and maxillofacial surgery.
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Impact of COVID-19 Pandemic on Neuronavigation Systems Market
The COVID-19 outbreak was first reported in Wuhan (China) during December 2019. As of December 2020, the US, India, Brazil, Russia, France, the UK, Italy, Spain, Germany, Colombia, Argentina, and Mexico are among the most affected countries in terms of COVID-19 confirmed cases and reported deaths. According to the latest WHO figures, there are ~81,159,096 confirmed cases and 1,791,246 total deaths across the world. The pandemic is adversely affecting various industries across the world due to lockdowns, travel bans, and business shutdowns.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global neuronavigation systems market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The neuronavigation systems market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
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