PUBLISHER: iData Research Inc. | PRODUCT CODE: 1680153
PUBLISHER: iData Research Inc. | PRODUCT CODE: 1680153
The global spine navigation system market was valued at $570 million in 2024 and is expected to grow at a CAGR of 8.9%, reaching $1.0 billion by 2031.
This market is divided into three key segments:
Market Insights & Data Coverage
Market Trends & Challenges
* Demand for flexible financial arrangements such as leasing and per-case pricing is rising.
* These financial models affect ASPs and overall market valuation.
* Augmented Reality (AR) and Virtual Reality (VR) in Surgical Training
* By 2023, over 60% of U.S. surgeons had trained using AR and VR smart glasses.
* Adoption of AR navigation systems is expected to grow with the next generation of surgeons.
Market Share Insights
Top Competitors in the Global Spine Navigation System Market (2024):
1 Medtronic - Market Leader in Spine Navigation Systems
* Offers StealthStation(TM) S8, used for spinal, cranial, ENT, and orthopedic procedures.
* A leading competitor in the spinal implant market, leveraging brand dominance.
2 Brainlab - Second-Largest Market Player
* Offers two image-guided surgery (IGS) systems:
* Kick(R) (multi-specialty)
* Curve(TM) (preferred for spinal surgery due to its adjustable camera)
3 Stryker - Third-Largest Market Player
* Stryker NAV3i(R) platform supports spinal, cranial, ENT, and orthopedic procedures.
Market Segmentation Summary
Global Research Scope
* North America (U.S., Canada)
* Latin America (Brazil, Mexico, Argentina, Colombia, Chile)
* Western Europe (Germany, France, U.K., Spain, Italy)
* Central & Eastern Europe (Poland, Russia, Turkey, Hungary)
* Middle East (Saudi Arabia, UAE, Israel)
* Asia Pacific (China, Japan, India, South Korea, Australia)
* Africa (South Africa, Egypt, Nigeria, Kenya)
Quantitative Coverage
Qualitative Coverage
Data Sources: