The global Neuro-navigation Systems Market Growth Accelerated by Increased Accuracy in Neurosurgical Procedures


 Neuro-navigation systems find widespread application in neurosurgical procedures for guiding medical instruments to targeted anatomical structures located deep inside the brain. These systems enable precise incision planning and navigation of surgical tools within the brain, helping to minimize tissue damage and enhance surgical outcomes. The growing availability of highly advanced neuro-navigation systems that offer sub-millimetric accuracy in real-time has been boosting their adoption across hospitals and clinics.

The global Neuro-navigation Systems Market is estimated to be valued at US$ 2.47 Bn in 2024 and is expected to exhibit a CAGR of 7.9% over the forecast period 2024-2031, as highlighted in a new report published by Coherent Market Insights.

Market key trends:
One of the primary trends driving the neuro-navigation systems market growth is the continuous technological advancements. Vendors are focusing on developing next-generation navigation systems equipped with features such as multi-modality image integration, autologous image updating, and automatic instrument tracking. For instance, Medtronic launched StealthStation S8 surgical navigation system with adaptive workflow and Brainlab launched Curve cortical registration technology. These advanced features enable neurosurgeons to perform intricate brain surgeries even more precisely in a shorter time. They offer faster and smoother workflows without compromising on accuracy. This is increasing the demand for technologically sophisticated neuro-navigation systems.

Segment Analysis

The global neuro-navigation systems market is segmented into electromagnetic and optical navigation systems. The electromagnetic segment currently accounts for a larger market share owing to its advantages such as accuracy, portability and cost-effectiveness. This segment is expected to continue dominating the market in the coming years with maximum adoption among hospitals and ambulatory surgical centers.

Key Takeaways

The global neuro-navigation systems market is expected to witness high growth over the forecast period of 2024 to 2031. The rising incidence of neurological disorders and growing aging population is driving the demand for advanced neurosurgical treatments and devices. The global Neuro-navigation Systems Market is estimated to be valued at US$ 2.47 Bn in 2024 and is expected to exhibit a CAGR of 7.9% over the forecast period 2024-2031.

Regional analysis

North America accounts for the largest regional market for neuro-navigation systems currently. This is attributed to growing geriatric population, favorable reimbursements policies and strong presence of neurosurgical device manufacturers in the region. Asia Pacific region is anticipated to offer lucrative growth opportunities with rapid development of healthcare infrastructure in countries such as India and China.

Key players

Key players operating in the neuro-navigation systems market are Medtronic plc, Stryker Corporation, Siemens Healthineers, Zimmer Biomet Holding Inc., Brainlab AG, B. Braun Melsungen AG, Scopis GmBH, Amplitude Surgical, and others.

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