$295.5M by 2020: 5 key trends in global surgical navigation systems market

Spinal Tech

Here are five trends in the global surgical navigation systems market, according to a Transparency Market Research report:

1. The global surgical navigation systems market is expected to reach a value of $295.5 million by 2020.

 

2. The market was valued at $218.5 million in 2013, and it is expected to grow at a compound annual growth rate of 4.5 percent from 2014 to 2020.

 

3. Greater awareness about newer healthcare technologies, growing geriatric population, higher healthcare spending and improvements in lifestyles are the factors driving the global surgical navigation systems market.

 

4. This market is currently led by neurological navigation systems.

 

4. The largest share in the surgical navigation systems market is held by North America, followed by Europe.

 

5. Zimmer, Stryker, Medtronic, GE Healthcare and Brainlab are some of the prominent players in the market.

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