Medtronic leads US surgical navigation systems market: 5 observations

The U.S. surgical navigation systems market is slated to reach $132.7 million and the robotics systems market is set to reach $4.81 billion by 2023, according to iData Research.

Advertisement

Here are five observations:

 

1. In 2016, Medtronic led the surgical navigation systems market, and is expected to see continued leadership in the market. The company develops systems that are compatible with its implants.

 

2. Brainlab and Stryker also have significant footprints in the U.S. surgical navigation systems market.

 

3. Intuitive Surgical led the surgical robotics market in 2016, and is still the lead U.S. competitor. Its system leverages laparoscopic techniques for procedures.

 

4. Medtech and Mazor Robotics also have dominant presences in the U.S. surgical robotics systems market.

 

5. Medical device companies often market surgical navigation systems within a bundle of other products, like orthopedics implants. In contrast, robotics companies are often smaller and develop technologies within an emphasized space.

 

More articles on devices:
Implanet receives FDA clearance for JAZZ braid: 5 key points
DePuy Synthes introduces single use instrument kits for wrist fracture surgery: 5 takeaways
Drs. Christopher Gilligan, Timothy Deer to discuss chronic low back pain at Mainstay Medical key opinion leader event: 4 highlights

Advertisement

Next Up in Spinal Tech

Advertisement

Comments are closed.