Product Description
The global neurosurgery navigation system market was valued at $600 million in 2024. This is expected to increase over the forecast period at a CAGR of 5.2% to reach $860 million.
The full report suite on the global market for spine navigation systems includes three segments: capital equipment, disposables and other accessories and services and maintenance revenue. Regional volumes of neurosurgeries procedures using a navigation system are also reported.
The report includes data for 65 countries across 7 different regions which include North America, Latin America, Western Europe, Central & Eastern Europe, Middle East, Asia-Pacific, and Africa.
The use of navigation systems for cranial surgeries is considered the standard of care in North America, Europe and other regions around the globe. Therefore, to attract patients and surgeons, facilities will need to acquire one or update their existing systems. While advanced regions are likely approaching market saturation, the increasing adoption of surgical navigation in other regions, supported by continuous innovation such as the integration of artificial intelligence, is expected to drive overall market growth.
MARKET REPORT DATA TYPES INCLUDED
- Unit Sales, Average Selling Prices, Market Size & Growth Trends
- Procedure Numbers
- Market Drivers & Limiters
- Market Forecasts Until 2031, and Historical Data to 2021
- Recent Mergers & Acquisitions
- Company Profiles and Product Portfolios
- Leading Competitors
GLOBAL NEUROSURGERY NAVIGATION SYSTEMS MARKET TRENDS
The services and maintenance market was the largest segment of the overall neurosurgery navigation system market driven by the growing installed base in 2024, followed closely by capital equipment. The services and maintenance segment is expected to see mid-single-digit growth, losing some share of the overall market, while capital equipment is anticipated to see low-double-digit growth over the forecast period. The disposables and other accessories segment is the smallest in the overall market, and it is projected to experience the second-slowest growth by segment. Meanwhile, in terms of per region, North America represented the largest proportion of the overall neurosurgery navigation system market, while the Middle East represented the smallest. Over the forecast period, Latin America, Central and Eastern Europe, the Middle East and Africa are expected to contribute a relatively consistent amount to the overall market value.
GLOBAL NEUROSURGERY NAVIGATION SYSTEMS MARKET SHARE INSIGHTS
- Medtronic led the global neurosurgery navigation system market in 2024 The company offers StealthStation™ S8, a navigation system that can be used for spinal, cranial, ear, nose and throat (ENT) and orthopedic procedures.
- Brainlab occupied the second-leading position globally in the neurosurgery navigation system market in 2024. It offers two IGS systems, the multi-specialty Kick® and Curve™, the latter of which is available with two monitors. While both systems are suitable for neurosurgery, the Curve™ system is more likely to be used for neurosurgery compared with Kick® because of its adjustable camera.
- Stryker was the third-leading competitor in the global neurosurgery navigation system market in 2024. The company’s Stryker NAV3i® platform is suitable for many applications; it can be used in spinal, cranial, ENT and orthopedic procedures.
GLOBAL NEUROSURGERY NAVIGATION SYSTEMS MARKET SEGMENTATION SUMMARY
- Capital Equipment
- Disposables and Other Accessories
- Services and Maintenance Revenue
GLOBAL RESEARCH SCOPE
| Report Attribute | Details |
|---|---|
| Regions | North America(Canada, United States) Latin America(Argentina, Bolivia, Brazil, Chile, Colombia, Costa Rica, Dominican Republic, Ecuador, Guatemala, Mexico, Panama, Paraguay, Peru, Puerto Rico, Uruguay, Venezuela) Western Europe(Austria, Benelux, France, Germany, Italy, Portugal, Scandinavia, Spain, Switzerland, United Kingdom) Central & Eastern Europe(Azerbaijan, Baltic States, Belarus, Bulgaria, Croatia, Czech Republic, Georgia, Greece, Hungary, Kazakhstan, Poland, Romania, Russia, Serbia, Slovakia, Slovenia, Turkey, Ukraine) Middle East(Bahrain, Iran, Israel, Kuwait, Oman, Qatar, Saudi Arabia, United Arab Emirates) Asia Pacific(Australia, Cambodia, China, Hong Kong, India, Indonesia, Japan, Kyrgyzstan, Macao, Malaysia, Mongolia, Myanmar, New Zealand, Pakistan, Philippines, Singapore, South Korea, Sri Lanka, Taiwan, Thailand, Uzbekistan, Vietnam) Africa(Algeria, Egypt, Ethiopia, Ghana, Kenya, Libya, Morocco, Nigeria, South Africa, Sudan, Uganda) |
| Base Year | 2024 |
| Forecast Period | 2025-2031 |
| Historical Data | 2021-2023 |
| Quantitative Data | Procedure Numbers, Market Size, Market Shares, Market Forecasts, Market Growth Rates, Units Sold, and Average Selling Prices. |
| Qualitative Data | COVID19 Impact, Market Growth Trends, Market Limiters, Competitive Analysis & SWOT for Top Competitors, Mergers & Acquisitions, Company Profiles, Product Portfolios, FDA Recalls, Disruptive Technologies, Disease Overviews. |
| Data Sources | Primary Interviews with Industry Leaders, Government Physician Data, Regulatory Data, Hospital Private Data, Import & Export Data, iData Research Internal Database. |
