Canada Neuro-navigation Systems Market Size & Outlook

The neuro-navigation systems market in Canada is expected to reach a projected revenue of US$ 327.0 million by 2030. A compound annual growth rate of 8.4% is expected of Canada neuro-navigation systems market from 2024 to 2030.

Revenue, 2023 (US$M)
$186.3
Forecast, 2030 (US$M)
$327.0
CAGR, 2024 - 2030
8.4%
Report Coverage
Canada

Canada neuro-navigation systems market highlights

  • The Canada neuro-navigation systems market generated a revenue of USD 186.3 million in 2023 and is expected to reach USD 327.0 million by 2030.
  • The Canada market is expected to grow at a CAGR of 8.4% from 2024 to 2030.
  • In terms of segment, optical system was the largest revenue generating technology in 2023.
  • Optical System is the most lucrative technology segment registering the fastest growth during the forecast period.

Neuro-navigation systems market data book summary

Market revenue in 2023USD 186.3 million
Market revenue in 2030USD 327.0 million
Growth rate8.4% (CAGR from 2023 to 2030)
Largest segmentOptical system
Fastest growing segmentOptical System
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationOptical System, Electromagnetic System
Key market players worldwideMedtronic PLC, Stryker Corp, Orthofix Medical Inc, Nexstim Oyj Registered Shs Reg S, Zimmer Biomet Holdings Inc, Roper Technologies Inc, Synaptive Medical, Soterix Medical, ClaroNav, BrainLAB

Other key industry trends

  • In terms of revenue, Canada accounted for 6.6% of the global neuro-navigation systems market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In North America, U.S. neuro-navigation systems market is projected to lead the regional market in terms of revenue in 2030.
  • Canada is the fastest growing regional market in North America and is projected to reach USD 327.0 million by 2030.

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Neuro-navigation Systems Market Companies

Name Profile # Employees HQ Website

Canada neuro-navigation systems market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to neuro-navigation systems market will help companies and investors design strategic landscapes.


Optical system was the largest segment with a revenue share of 57.27% in 2023. Horizon Databook has segmented the Canada neuro-navigation systems market based on optical system, electromagnetic system covering the revenue growth of each sub-segment from 2018 to 2030.


  • Canada Neuro-navigation Systems Technology Outlook (Revenue, USD Million, 2018-2030)
    • Optical System
    • Electromagnetic System
  • Canada Neuro-navigation Systems Application Outlook (Revenue, USD Million, 2018-2030)
    • Neurosurgery
    • Craniomaxillofacial Surgery
    • Spinal Surgery
    • Other Application
  • Canada Neuro-navigation Systems End Use Outlook (Revenue, USD Million, 2018-2030)
    • Hospitals
    • Neurology Clinic
    • Ambulatory Surgical Centers (ASCs)
    • Research Centers

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Target buyers of Canada neuro-navigation systems market databook

  • Our clientele includes a mix of neuro-navigation systems market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of country-level data and insights on the Canada neuro-navigation systems market , including forecasts for subscribers. This country databook contains high-level insights into Canada neuro-navigation systems market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Canada neuro-navigation systems market size, by technology, 2018-2030 (US$M)

Canada Neuro-navigation Systems Market Outlook Share, 2023 & 2030 (US$M)

Canada neuro-navigation systems market size, by technology, 2018-2030 (US$M)

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