
Published On: May 2024
Published On: May 2024
At 8.9% CAGR, Middle East & Africa Surgical Navigation Systems Market is Projected to be Worth US$ 118.77 Million by 2030, Says Business Market Insights
According to Business Market Insights' research, the Middle East & Africa surgical navigation systems market was valued at US$ 60.07 million in 2022 and is expected to reach US$ 118.77 million by 2030, registering a CAGR of 8.9% from 2022 to 2030. Rising cases of musculoskeletal and neurological disorders and strategic developments through acquisitions and partnerships are among the critical factors attributed to the Middle East & Africa surgical navigation systems market expansion.
According to the National Safety Council 2023 report, musculoskeletal disorders (MSDs) are pervasive, affecting nearly one-quarter of the global population, causing tendonitis, carpal tunnel syndrome, ruptured or herniated discs, and sprains. Moreover, the Global Burden of Disease (GBD) report revealed that nearly 1.71 billion people lived with musculoskeletal conditions involving low back pain, neck pain, fractures, osteoarthritis, amputations, and rheumatoid arthritis (RA) in 2019. The rising prevalence of musculoskeletal conditions varies by age and diagnosis, affecting people of all ages worldwide. Therefore, there is a high demand for surgical navigation systems intended for orthopedic surgery. These systems are among the most powerful and enabling tools for surgeons. Surgical navigation systems analyze pre- and post-operative data in multiple versions using augmented reality (AR) to improve clinical outcomes of orthopedic surgeries. For example, visualization systems allow surgeons to take suitable positions during surgeries without excessive exposure to X-ray radiation. For instance, in March 2023, Stryker launched the "Ortho Q Guidance System" that enables advanced surgical planning and guidance intended for hip and knee procedures for the benefit of surgeons. Ortho Q was explicitly designed for orthopedic customers to enhance orthopedic surgeons' capability for proper precision while performing surgeries. The product includes features such as Implant Agnostic Software, Triathlon Implant Dedicated Software, and Small Footprint.
Further, the WHO report in 2023 states that at least 1 in 3 people of all ages will suffer from neurological disorders once in their lifetime, making it the highest among all noncommunicable diseases. Navigation systems for neurological procedures assist in a range of procedures, from intracranial tumor resections to frameless biopsies and from pedicle screw placement to spinal stabilization. For example, in skull openings (small craniotomies), neuronavigation systems display anatomical structures and track the virtual axis of surgical instruments.
Medtronic provides innovative surgical navigation systems and related products for neurosurgery, spinal surgery, and cranial surgery. Its StealthStation S8 Surgical Navigation System comprises an intuitive interface that aids advanced visualization to navigate neurosurgery procedures. The system provides optical and electromagnetic (EM) tracking capabilities with the help of external devices such as microscopes and ultrasound, thus acting as a powerful tool for neurosurgical procedures. Therefore, the need for effective surgical treatments for orthopedic and neurosurgery with the rising cases of musculoskeletal and neurological disorders, coupled with innovative product launches by top companies, propels the adoption of surgical navigation systems globally.
On the contrary, product recalls hampers the growth of Middle East & Africa surgical navigation systems market.
Based on type, the Middle East & Africa surgical navigation systems market is segmented into optical navigation system, electromagnetic navigation system, hybrid navigation system, fluoroscopy navigation system, CT-based navigation system, and other navigation system. The electromagnetic navigation system segment held 31.5% share of the Middle East & Africa surgical navigation systems market in 2022, amassing US$ 18.93 million. It is projected to garner US$ 41.37 million by 2030 to expand at 10.3% CAGR during 2022-2030.
In terms of application, the Middle East & Africa surgical navigation systems market is categorized into orthopedic, ENT, neurology, dental, and others. The orthopedic segment held 32.5% share of the Middle East & Africa surgical navigation systems market in 2022, amassing US$ 19.53 million. It is projected to garner US$ 40.70 million by 2030 to expand at 9.6% CAGR during 2022-2030. The orthopedic segment is further subsegmented into knee replacement procedures and hip replacement procedures.
By end user, the Middle East & Africa surgical navigation systems market is bifurcated into hospitals and ASCs. The hospitals segment held 60.4% share of Middle East & Africa surgical navigation systems market in 2022, amassing US$ 36.28 million. It is projected to garner US$ 76.18 million by 2030 to expand at 9.7% CAGR during 2022-2030.
Based on country, the Middle East & Africa surgical navigation systems market is categorized into Saudi Arabia, the UAE, South Africa, and the Rest of Middle East & Africa. The UAE held 34.5% share of Middle East & Africa surgical navigation systems market in 2022, amassing US$ 20.73 million. It is projected to garner US$ 44.95 million by 2030 to expand at 10.2% CAGR during 2022-2030.
Key players operating in the Middle East & Africa surgical navigation systems market are B Braun SE, Corin Group, GE HealthCare Technologies Inc, Medtronic Plc, Siemens Healthineers AG, Stryker Corp, and Zimmer Biomet Holdings Inc, among others.
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