Summary

Global Orthopedic Navigation Systems Market is valued approximately at USD 1.95 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 14.4% over the forecast period 2021-2027. The orthopedic navigation system helps in the intra-operative execution and pre-operative planning information by representing 3-D computer images in comparative patient investigation which is image-guided surgery systems. Rise in usage of navigation software in surgeries by physicians and increasing incidents of neurological disorders are the factors which are driving the growth of Orthopedic Navigation Systems market. Furthermore, rising awareness about advantages of invasive surgeries will be anticipating the growth of market in forecasted period. For instance: in July 2021, Sea Spine Holdings Corp. major manufacturing company of navigation systems launched the FDA 510(k) authorization for its 7D Percutaneous Spine Module. This module is useful for minimally invasive surgeries. These module helps in enhancing functionality for its 7D Flash Navigation System. However, strict policies and regulation for approval of product may impede market growth over the forecast period of 2021-2027.

Global Orthopedic Navigation Systems market analysis on basis of region which includes Asia Pacific, North America, Europe, Latin America and Rest of the World. Asia Pacific is a significant region across the world in terms of market share due to large demand of Orthopedic Navigation Systems as the population is high and due to rising awareness in the region. Whereas North America is anticipated to exhibit the highest growth rate over the forecast period 2021-2027, due to increasing cases of neurological disorder in the region.
Major market player included in this report are:
B. Braun Melsungen AG
Stryker
Medtronic
Smith+Nephew
Johnson & Johnson Services, Inc. (DePuy Synthes)
Zimmer Biomet
Amplitude Surgical
Kinamed, Inc.
Globus Medical
OrthAlign

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Technology
Electromagnetic
Optical
Others
By End-Use
Hospitals
Ambulatory Surgical Centers (ASCs)
By Applications
Knee
Hip
Spine
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019
Base year – 2020
Forecast period – 2021 to 2027.

Target Audience of the Global Orthopedic Navigation Systems Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors