US Market Overview for Surgical Navigation Systems 2017 - MedView
The total market value reflects the overlap between different market segments. For example, revenues stemming from neurosurgery and spinal navigation systems are often payments associated with a single system that has both applications. In addition, both the ENT and orthopedic navigation markets include systems with applications in spinal and neurosurgical navigation, respectively. The market was driven by replacements and sales to new facilities. Unit sales growth is expected to improve over the forecast period; as a result, the market will grow at a moderate, consistent rate. The continuous improvement in navigation software as well as hardware will entice facilities to continually upgrade their systems to the most current editions. Also, the entrance of new companies who are looking to provide navigation systems at a more budget-friendly price will expand the market to smaller facilities who, in the past, could not afford the top-of-the-line systems.
Medical imaging was originally developed for the purpose of diagnostics. However, technological developments in computer software and hardware resulted in the emerging use of these images for the guidance of therapy. The process of image guided surgery (IGS) or surgical navigation requires three-dimensional localization devices, the ability to register medical images to physical space, and the ability to display position and trajectory on those images.