North America Surgical Navigation Systems Market Size & Outlook
North America surgical navigation systems market, 2018-2030 (US$M)
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North America surgical navigation systems market highlights
- The North America surgical navigation systems market generated a revenue of USD 3,068.7 million in 2023.
- The market is expected to grow at a CAGR of 13.6% 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.
- Country-wise, Canada is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 3,068.7 million |
| Market revenue in 2030 | USD 7,498.7 million |
| Growth rate | 13.6% (CAGR from 2023 to 2030) |
| Largest segment | Neurology |
| Fastest growing segment | ENT |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 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, North America region accounted for 42.0% of the global surgical navigation systems market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Latin America is the fastest growing regional market and is projected to reach USD 1,246.7 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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North America 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 37.76% in 2023. Horizon Databook has segmented the North America surgical navigation systems market based on ent, orthopedic and spine, neurology, dental covering the revenue growth of each sub-segment from 2018 to 2030.
North America dominated the surgical navigation systems market in 2021. The increasing prevalence of disorders, such as osteoarthritis, brain cancer, and ENT disorders, along with the increasing geriatric population is expected to boost the market.
Moreover, the growing demand for minimally invasive surgeries is another factor responsible for escalating the adoption of these devices over the forecast period. Minimally invasive surgeries require lesser incision wounds directing to faster recovery time, shortened hospitals stay, and improved patient comfort.
Technological advancements in these procedures and the introduction of new products are expected to further drive the market. The region comprises the U.S. and Canada.
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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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Horizon Databook provides a detailed overview of continent-level data and insights on the North America surgical navigation systems market , including forecasts for subscribers. This continent databook contains high-level insights into North America surgical navigation systems market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America surgical navigation systems market size, by country, 2018-2030 (US$M)
North America Surgical Navigation Systems Market Outlook Share, 2023 & 2030 (US$M)
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