According to the current analysis of Reports and Data, the global ENT Surgical Navigation Systems Market valued at USD 77.8 million in 2018 and is expected to reach USD 110.5 million by the year 2026, at a CAGR of 4.4%. ENT Surgical Navigation Systems are used in the diagnosis and treatment of ENT disorders as it delivers enhanced visualization with full high-definition display for performing surgeries. There is an integrated endoscope for continuous tracking of surgical instruments that helps surgeons to achieve better results through more complete resections. The incidences of diseases like chronic otitis, sinusitis are the major factors driving the growth of the market. However, the rise in the children and geriatric population, lifestyle habits like smoking, and the prevalence of various allergies, lifestyle habits like smoking are further driving the market. According to the American Cancer society, approximately 52,890 new cases of thyroid cancer, and 2,180 have died from the thyroid cancer in the United States. Government funding for technologically advanced systems for the treatment are fuelling the growth of the market. However, the high expenditure cost of treatment is hindering the growth of the market.
According to WHO, the Global Burden of mild and unilateral hearing loss was estimated at 1.2 billion, i.e. (17.2%) in 2008 to 1.4 billion, i.e. (18.7%) in 2017. The Asia Pacific is likely to hold significant growth due to factors like increased patient pool, lifestyle habits like smoking, and government initiatives for better treatment, etc. Chronic sinusitis is one of the more widespread chronic illnesses in the United States. It is estimated that there are about 18-22 million physician visits in the United States.
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The report provides a panoramic view of the market and insights that will help formulate better business decisions. In addition to that, the study helps well-established companies and players gain a deeper understanding of the market and make informed decisions. The report also discusses in detail about the key factors influencing the market growth.
Key companies operating in the market include:
Stryker (U.S.), Medtronic (Ireland), Brainlab (Germany), Karl Storz (Germany), Intuitive Surgical (U.S.), Hansen Medical (U.S.), Accuray (U.S.), Acclarent Inc (U.S.), Fiagon (Germany), ClaroNav (Canada)
The report covers an extensive analysis of the key market players in the market along with their business overview, expansion plans, and strategies. The report also focuses on recent strategic alliances in the market including mergers and acquisitions, joint ventures, partnerships, agreements, corporate and government deals, product launches, and brand promotions, among others.
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The report aims to provide a better understanding of the market dynamics and the workings of the industry on a global level. To gain a deeper understanding of the industry, the global ENT Surgical Navigation Systems market is further segmented on the basis of key geographical regions such as North America, Latin America, Europe, Asia-Pacific, and the Middle East & Africa. The report also offers a country-wise analysis to provide crucial insights into market size, market growth, market revenue growth, and economic growth in each region.
On basis of product types and application offered by the ENT Surgical Navigation Systems industry, the market is segmented into:
Types Outlook (Revenue in Million USD; 2016–2026)
- Optical Navigation
- Electromagnetic Navigation
Applications Outlook (Revenue in Million USD; 2016–2026)
- Functional Endoscopy Sinus Surgery (FESS)
- ENT Surgery
- Neuro Surgery
End Use Outlook (Revenue in Million USD; 2016–2026)
The regional analysis covers:
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of APAC
- Latin America
- Rest of LATAM
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of MEA
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Benefits of ENT Surgical Navigation Systems Market Report:
- Panoramic overview of the opportunities and risks in the ENT Surgical Navigation Systems sector
- Study of recent innovations and developments in the industry
- Comprehensive study of the growth pattern of the ENT Surgical Navigation Systems industry
- In-depth assessment of the competitive landscape of the key players of the ENT Surgical Navigation Systems industry
- Analysis of the ENT Surgical Navigation Systems market drivers, constraints, and opportunities
- Assessment of technological developments and latest trends of the industry
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