Here are seven observations:
1. Advanced technology, improved alignment and favorable patient outcomes are all driving the market.
2. 3-D navigation systems also offer enhanced accuracy, visualization and real-time assessment of patients’ conditions.
3. Shaky system durability over time as well as the systems’ costliness will hinder market growth. Further, unfavorable reimbursements and the possibility of error with the system’s critical components also serve as barriers to growth.
4. North America dominates the market, accounting for the largest revenue share.
5. North America, Europe and the Asia-Pacific region will see market growth due to established healthcare infrastructure, technological advancements and high case loads.
6. Developing countries in the Asia Pacific, Middle East and Africa will see market growth as demand for minimally invasive procedures and medical tourism grows.
7. Leading companies include:
• Medtronic in Dublin, Ireland
• DOTmed in New York City
• Brainlab in Munich, Germany
• Fiagon in Hennigsdorf, Germany
• Zimmer Biomet in Warsaw, Ind.
• Siemens Healthcare in Erlangen, Germany
• Stryker in Kalamazoo, Mich.
• XION in Berlin, Germany
• B. Braun Melsungen in Germany
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