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

Spinal Tech

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.

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.

 

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