In terms of geography neuro-navigation systems market is segmented into North America, Europe, Asia Pacific, Middle East, Latin America, and Africa. North America is dominant in the neuro-navigation systems market, owing to increasing incidence of brain tumors as well as rising health awareness in the region. According to the American Cancer Society (ACS), brain and spinal cord tumors affects both adults and children in the U.S. The ACS suggests that approximately 23,880 malignant tumors for brain and spinal cord are expected to be diagnosed in the U.S. in 2018.
Neuro-navigation also known to as frameless stereotactic surgery refers to the technique that involves performance of real-time intraoperative guidance during spinal or brain injuries. Neuro-navigation increases safety and accuracy during neurosurgery. Neuro-navigation systems help to guide the surgeon to the surgical targets without the need for external frames. These systems are majorly used in brain surgeries that helps to limit the size of skull opening or craniotomy and remove brain lesions such as tumors or other tissue masses. Neuro-navigation systems are primarily used for tumor resection in frameless stereotactic procedure that relies on fiducial markers on the brain that are taped on the scalp before imaging. These systems are also utilized while performing brain biopsies in case of deep brain tumors, wherein the surgical tumor removal through open brain surgery is difficult and life threatening. The most important function of neuro-navigation system is to develop a precise replica of the patient’s brain tumor, which can be done through a number of imaging technology such as X-rays, CT scans, MRIs, and ultra sound. Images obtained from this techniques are then uploaded in the systems to form a 3 dimensional data set that produces exact geometrical structure of the region to be operated. The image is then analyzed to extract relevant information from the data and by using specialized software and the dataset is rendered as a virtual 3D model of the patient brain structure assisting tumor location, which helps the surgeon during the surgery and perform tumor removal.
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On the other hand, Asia Pacific is expected to witness maximum traction in the neuro-navigation market, owing to market players launching their products in the Asian markets due to presence of huge potential user base. For instance, in October 2017, Pearl Technology introduced a CT HeadFix neuro-navigation system that offers a comfortable, integrated, fast, and hygienic positioning solution in Asia Pacific and European region post its approval from the U.S. FDA.
The market for the neuro-navigation systems is highly competitive with presence of various established players, which includes Medtronic plc, Stryker Corporation, Siemens Healthineers, Zimmer Biomet Holding Inc., Brainlab AG, B. Braun Melsungen AG, Scopis GmBH, Amplitude Surgical, and others. Key players are focusing towards introducing novel systems in the market to sustain their position. For instance, in April 2017, Medtronic Plc introduced StealthStation S8 model, a neuro-navigation system that enhanced workflows, efficiency, and provides comprehensive data integration assisting the neurosurgeons during brain surgery.
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