Global next-generation visualization and navigation systems market size reached USD 1.65 Billion in 2021 and is expected to register a revenue CAGR of 13.0% during the forecast period, according to latest analysis by Emergen Research. Increasing prevalence of chronic diseases such as cancer, neurological diseases, etc., and steady increase in geriatric population prone to chronic diseases are exerting major burden on healthcare systems across geographies. According to the World Health Organization (WHO), the global population is aging fast and the number of persons over sixty years will be nearly double from 12% in 2015 to 22% in 2050.
This will expand the patient pool of individuals more prone to chronic disorders and further add to burden on the healthcare system. Increase in investments in healthcare infrastructure, need for better treatment, and development of more advanced healthcare system to aid in providing proper patient-centric treatment are some key factors driving growth of the next-generation visualization and navigational system market to a significant extent.
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Technological advancements with regard to conducting critical procedures using next-generation visualization and navigational systems provides much assistance both to medical experts and patients as well. Advanced navigational systems having patient-centric sensors and digital imaging with the capability of a better visualization helps in cases of critical and complex with high precision and accuracy. Various robotic navigation systems are widely utilized in healthcare for complex procedures, and medical experts are adopting these high-end technologies due to increased accuracy, efficiency, and safety.
The report demonstrates the progress and advancement achieved by the global Next Generation Visualization and Navigation Systems Market, including the historical analysis and progress through the forecast years. The report provides valuable insights to the stakeholders, investors, product managers, marketing executives, and other industry professionals. The report provides an accurate estimation by applying SWOT analysis and Porter’s Five Forces analysis. The report focuses on current and future market growth, technological advancements, volume, raw materials, and profiles of the key companies involved in the market.
Key players include B. Braun Melsungen AG, Carl Zeiss Meditec AG, CapsoVision Inc., Centerline Biomedical, Globus Medical, Medtronic, Ikonisys, Danaher, Stereotaxis, XACT Robotics Inc., Synaptive Medical, and Brainlab AG.
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Emergen Research has segmented the global next-generation visualization and navigation systems market based on product, application, end-use, and region:
Product Outlook (Revenue, USD Billion; 2019–2030)
Robotics surgical navigation systems
Robotics visualization systems
Visualization platforms and robotics surgical microscope
Robotics capsules endoscopes
Robotics endoscopes
Application Outlook (Revenue, USD Billion; 2019–2030)
Diagnostics procedures
Gastrointestinal abnormalities
Surgical Procedures
Neurosurgery
Orthopedic surgery
ENT surgery
Others
End-Use Outlook (Revenue, USD Billion; 2019–2030)
Hospitals
Clinics
Others
On the basis of regional analysis, the market is segmented into the following regions: North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The market is expected to be dominated by North American nations closely followed by European countries. Asia Pacific is expected to show a significant growth owing to recent advancements and rising investments in the R&D sector.
Highlights of the TOC:
- Report Overview
1.1 Research Scope
1.2 Key Next Generation Visualization and Navigation Systems market segments
1.3 Major players
1.4 Market analysis by product
1.5 Market analysis by application
1.6 Report timeline - Global Growth Trends
2.1 Global Next Generation Visualization and Navigation Systems market size
2.2 Latest Next Generation Visualization and Navigation Systems market trends
2.3 Key growth trends - Competitive Landscape
3.1 Global Next Generation Visualization and Navigation Systems market key players
3.2 Global Next Generation Visualization and Navigation Systems size by manufacturers
3.3 Products of major players
3.4 Entry barriers in the Next Generation Visualization and Navigation Systems market
3.5 Mergers, acquisitions, joint ventures, and strategic alliances
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