Canada Surgical Navigation Systems Market Size & Outlook
Canada surgical navigation systems market, 2018-2030 (US$M)
Related Markets
Canada surgical navigation systems market highlights
- The Canada surgical navigation systems market generated a revenue of USD 342.4 million in 2023 and is expected to reach USD 880.3 million by 2030.
- The Canada market is expected to grow at a CAGR of 14.4% from 2024 to 2030.
- In terms of segment, neurology was the largest revenue generating application in 2023.
- ENT is the most lucrative application segment registering the fastest growth during the forecast period.
Surgical navigation systems market data book summary
| Market revenue in 2023 | USD 342.4 million |
| Market revenue in 2030 | USD 880.3 million |
| Growth rate | 14.4% (CAGR from 2023 to 2030) |
| Largest segment | Neurology |
| Fastest growing segment | ENT |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | ENT, Orthopedic and Spine, Neurology, Dental |
| Key market players worldwide | B. Braun, Stryker Corp, Medtronic PLC, Siemens Healthineers AG ADR, Smith & Nephew PLC, Johnson & Johnson, Zimmer Biomet Holdings Inc, Karl Storz, Amplitude Surgical, Corin Group |
Other key industry trends
- In terms of revenue, Canada accounted for 4.7% of the global surgical 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. surgical 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 880.3 million by 2030.
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Surgical Navigation Systems Market Scope
Surgical Navigation Systems Market Companies
| Name | Profile | # Employees | HQ | Website |
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Canada surgical 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 surgical navigation systems market will help companies and investors design strategic landscapes.
Neurology was the largest segment with a revenue share of 38.46% in 2023. Horizon Databook has segmented the Canada surgical navigation systems market based on ent, orthopedic and spine, neurology, dental covering the revenue growth of each sub-segment from 2018 to 2030.
The market is witnessing intense competition as very few market players hold a notable market share, owing to their extensive product portfolio and regional presence. Key players are involved in various strategies, such as new product developments, distribution agreements, and expansion strategies, to improve their market presence.
For instance, in November 2020, Stryker Corporation completed the acquisition of Wright Medical to enhance its global market position in trauma and extremities, providing significant opportunities to improve outcomes, advance innovation, & increase patient reach.
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Target buyers of Canada surgical navigation systems market databook
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Our clientele includes a mix of surgical navigation systems market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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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 surgical navigation systems market , including forecasts for subscribers. This country databook contains high-level insights into Canada surgical navigation systems market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada surgical navigation systems market size, by application, 2018-2030 (US$M)
Canada Surgical Navigation Systems Market Outlook Share, 2023 & 2030 (US$M)
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