Neurosurgery segment leads the global surgical navigation systems market: 5 notes

The global surgical navigation systems market will likely continue to grow at a compound annual growth rate of 7.04 percent through 2020, according to MarketResearchReports.

Advertisement

Here are five notes:

 

1. The growing popularity of minimally invasive surgeries will drive market growth.

 

2. Dublin, Ireland-based Medtronic; Munich, Germany-based Brainlab; and Kalamazoo, Mich.-based Stryker Corp. lead the space.

 

3. Technological advancements and product upgrades are boosting competition among companies.

 

4. The United States dominates the market, due to rising FDA approvals and development of advanced navigation systems.

 

5. The neurosurgery navigation systems segment leads the market in 2015, and will likely continue to dominate through 2020.

 

More articles on devices:
10 most popular device and implant stories of 2016
FDA issues new cybersecurity rules for medical devices: 4 key takeaways
5 reasons why Medtronic is poised for growth in the next 5 years, despite a disappointing Q2

At the Becker's 23rd Annual Spine, Orthopedic and Pain Management-Driven ASC + The Future of Spine Conference, taking place June 11-13 in Chicago, spine surgeons, orthopedic leaders and ASC executives will come together to explore minimally invasive techniques, ASC growth strategies and innovations shaping the future of outpatient spine care. Apply for complimentary registration now.

Advertisement

Next Up in Spinal Tech

  • From new product launches and leadership appointments, here are seven key headlines from Stryker in the first quarter of 2026.…

  • Xtant Medical’s 2025 revenue reached $133.9 million, a 14% increase year over year, according to financial results posted March 31.…

Advertisement

Comments are closed.