Electromagnetic Surgical Navigation System Market is estimated to be US$ 1170.8 Million by 2034 with a CAGR of 8.20% during the forecast period

Published Date: February 2024

The report "Electromagnetic Surgical Navigation System Market, By Type (110 VAC and 240 VAC), By End User (Neurosurgery Navigation System, ENT Navigation System, Orthopaedic Navigation System, and Spinal Navigation System), and Region - Global Forecast to 2034" Global electromagnetic surgical navigation system market is driven by the rising need for electromagnetic surgical navigation system to record video and screenshots to provide ideal support for documentation. In addition, electromagnetic surgical navigation system makes surgical process easy and accurate by assuring high measurement accuracy which is expected to propel the growth of global electromagnetic surgical navigation system market. Nevertheless, this device has compact design due to which this system is ready to use at any time even in confined spaces which is creating lucrative opportunities for the target market key players. Moreover, the electromagnetic surgical navigation instrument is made up of high- precision sensors in the tip and highly flexible material to bend them into shape as required which the current target market trend is observed.Electromagnetic Surgical Navigation System Market was valued at US$ 615.9 Million in 2024 and is projected to grow at a CAGR of 8.20% to reach US$ 1170.8 Million by 2034.

Key Highlights:

  • In September 2017, Medtronic Inc. launched new stealth station ENT surgical navigation system for nose, throat, and ear procedures.

Key Market Insights from the report:          

Electromagnetic Surgical Navigation System Market was valued at US$ 615.9 Million in 2024 and is projected to grow at a CAGR of 8.20% to reach US$ 1170.8 Million by 2034. The market report has been segmented on the basis of type, end-user, and region.

  • By type, the global electromagnetic surgical navigation system market is segmented into 110 VAC and 240 VAC.
  • By end-user, the global electromagnetic surgical navigation system market is categorized into neurosurgery navigation system, ent navigation system, orthopaedic navigation system, and spinal navigation system.
  • By region, North America region is expected to dominate the target market over the forecast period due to increasing number of surgeries in the region. Whereas, Europe is also expected to show significant growth during the forecast period due to rising need for electromagnetic surgical navigation system.

Browse 60 market data tables* and 35 figures* through 140 slides and in-depth TOC on " Global Electromagnetic Surgical Navigation System Market, By Type (110 VAC and 240 VAC), By End User (Neurosurgery Navigation System, ENT Navigation System, Orthopaedic Navigation System, and Spinal Navigation System), and by Region (North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa)- forecast till 2029

The prominent player operating in the global electromagnetic surgical navigation system market includes Medtronic Inc., Brainlab AG, Fiagon GmbH, Collin Medical Technology Corp., Karl Storz Endoscopy America Inc., Scopis Technology Inc., Veran Medical Technologies Inc., B. Braun Melsungen AG, Zimmer Biomet Holdings Inc., and Stryker UK Ltd.

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