The global image guided surgery devices market attained a value of USD 7 billion in 2022, driven by increasing adoption of minimally invasive surgical techniques and advancements in imaging and navigation technologies. The market is expected to grow at a CAGR of 10.12% during the forecast period of 2023-2031 to attain a value of USD 16.5 billion by 2031.
One of the primary drivers of market growth is the increasing adoption of minimally invasive surgical techniques. Image-guided surgery devices play a crucial role in enabling precise navigation and visualization during minimally invasive procedures. Surgeons are increasingly relying on these devices to enhance surgical accuracy, reduce invasiveness, and improve patient outcomes. The demand for image-guided surgery devices is fuelled by the growing preference for minimally invasive approaches that offer faster recovery, reduced postoperative pain, and improved cosmetic outcomes.
Moreover, technological advancements in imaging technologies and navigation systems have contributed to market expansion. The development of high-resolution imaging modalities, such as MRI, CT scans, and intraoperative ultrasound, has improved the quality of imaging data used in image-guided surgery. Additionally, the integration of advanced software algorithms and tracking systems has enhanced real-time navigation and surgical guidance capabilities. These technological innovations have increased the accuracy and reliability of image-guided surgery devices, driving their adoption in various surgical specialties.
Image Guided Surgery Devices: Introduction
Image-guided surgery devices, also known as surgical navigation systems or surgical guidance systems, are advanced medical devices used to enhance surgical procedures by providing real-time imaging and navigation capabilities. These devices utilize imaging technologies, such as CT scans, MRI, or fluoroscopy, to create a three-dimensional virtual model of the patient's anatomy. This model is then overlaid with the real-time surgical view, allowing surgeons to visualize and navigate within the patient's body during the procedure. Image-guided surgery devices offer several uses and benefits in surgical settings.The benefits of using image-guided surgery devices include:
- Enhanced Precision and Accuracy: Image-guided surgery devices improve surgical precision and accuracy by providing real-time visual guidance. Surgeons can precisely locate structures, plan incisions, and navigate within complex anatomical regions, reducing the risk of errors and complications
- Improved Patient Safety: With real-time imaging and navigation capabilities, image-guided surgery devices enhance patient safety during procedures. Surgeons can avoid critical structures, minimize tissue damage, and ensure complete removal of targeted tissues, leading to improved outcomes and reduced postoperative complications
- Minimized Invasiveness: By facilitating precise navigation and visualization, image-guided surgery devices enable surgeons to perform minimally invasive procedures. This reduces the need for large incisions, promotes faster recovery, and reduces postoperative pain and scarring
- Better Surgical Outcomes: The use of image-guided surgery devices can result in improved surgical outcomes. Surgeons can achieve more accurate tumour resections, better alignment in orthopaedic procedures, and optimal placement of implants, leading to improved patient outcomes and reduced revision surgeries
- Surgical Education and Training: Image-guided surgery devices serve as valuable educational tools, allowing surgeons to gain expertise and enhance their skills. They enable trainees to practice surgical procedures in a virtual environment, improving their proficiency and confidence before performing surgeries on actual patients
Image Guided Surgery Devices Market Segmentations
The market can be categorised into device type, application, and region.Market Breakup by Device Type
- Computed Tomography (CT)
- Ultrasound
- Magnetic Resonance Imaging (MRI)
- X-Ray Fluoroscopy
- Endoscopes
- Positron Emission Tomography (PET)
- Single-Photon Emission Computed Tomography (SPECT)
Market Breakup by Application
- Neurology
- Orthopaedic Surgery
- Ear Nose Throat (ENT) Surgery
- Oncology Surgery
- Others
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Image Guided Surgery Devices Market Overview
The image-guided surgery devices market has experienced significant growth and is projected to continue expanding in the coming years. Several factors contribute to the positive market scenario.One of the primary drivers of market growth is the increasing adoption of minimally invasive surgical techniques. Image-guided surgery devices play a crucial role in enabling precise navigation and visualization during minimally invasive procedures. Surgeons are increasingly relying on these devices to enhance surgical accuracy, reduce invasiveness, and improve patient outcomes. The demand for image-guided surgery devices is fuelled by the growing preference for minimally invasive approaches that offer faster recovery, reduced postoperative pain, and improved cosmetic outcomes.
Moreover, technological advancements in imaging technologies and navigation systems have contributed to market expansion. The development of high-resolution imaging modalities, such as MRI, CT scans, and intraoperative ultrasound, has improved the quality of imaging data used in image-guided surgery. Additionally, the integration of advanced software algorithms and tracking systems has enhanced real-time navigation and surgical guidance capabilities. These technological innovations have increased the accuracy and reliability of image-guided surgery devices, driving their adoption in various surgical specialties.
Key Players in the Global Image Guided Surgery Devices Market
The key features of the market report include patent analysis, grants analysis, clinical trials analysis, funding and investment analysis, partnerships, and collaborations analysis by the leading key players. The major companies in the image guided surgery devices market are as follows:- GE Healthcare
- Medtronic Plc
- Olympus Corporation
- Siemens Healthineers
- Koninklijke Philips N.V
- Analogic Corporation
- Brainlab AG
- Karl Storz Gmbh & Co. KG
- Stryker Corporation
- Varian Medical Systems Inc
Table of Contents
1 Preface
3 Global Image Guided Surgery Devices Market Overview
4 Global Image Guided Surgery Devices Market Dynamics
5 Global Image Guided Surgery Devices Market Segmentation
6 North America Image Guided Surgery Market
7 Europe Image Guided Surgery Market
8 Asia Pacific Image Guided Surgery Market
9 Latin America Image Guided Surgery Market
10 Middle East and Africa Image Guided Surgery Market
11 Regulatory Framework
12 Patent Analysis
13 Grants Analysis
14 Clinical Trials Analysis
15 Funding and Investment Analysis
16 Partnership and Collaborations Analysis
17 Supplier Landscape
19 Company Competitiveness Analysis (Additional Insight)
20 Payment Methods (Additional Insight)
Companies Mentioned
- GE Healthcare
- Medtronic Plc
- Olympus Corporation
- Siemens Healthineers
- Koninklijke Philips N.V.
- Analogic Corporation
- Brainlab AG
- Karl Storz Gmbh & Co. KG
- Stryker Corporation
- Varian Medical Systems Inc.
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 160 |
Published | July 2023 |
Forecast Period | 2023 - 2031 |
Estimated Market Value ( USD | $ 7.64 Billion |
Forecasted Market Value ( USD | $ 16.53 Billion |
Compound Annual Growth Rate | 10.1% |
Regions Covered | Global |
No. of Companies Mentioned | 10 |