U.S. Orthopedic Spine Navigation Systems Market Size, Share & Trends Analysis Report By Technology (Electromagnetic, Optical), By End-use (Hospitals, ASCs), And Segment - Industry Analysis, Share, Growth, Regional Outlook and Forecasts, 2023-2032

The U.S. orthopedic spine navigation systems market size was estimated at USD 206.9 million in 2022 and is expected to surpass around USD 671.87 million by 2032 and poised to grow at a compound annual growth rate (CAGR) of 12.5% during the forecast period 2023 to 2032.

U.S. Orthopedic Spine Navigation Systems Market

Key Takeaways:

  • Based on the technology, the industry has been classified into optical, electromagnetic, and others. The optical segment held the largest revenue share of 41.6% in 2022.
  • The other segment, which comprises hybrid, CT-based, and fluoroscopy-based navigation systems, is expected to witness the fastest CAGR of 12.2% during the forecast period
  • The others segment is expected to witness the fastest CAGR of 13.3% in the coming years
  • The end-use segment has been bifurcated into hospitals and Ambulatory Surgery Centers (ASCs). The hospital segment held the largest share of 74.6% in 2022.
  • The ASCs segment is projected to grow at the fastest CAGR of 13.7% over the forecast period.
  • On the other hand, the Ambulatory Surgical Centers (ASCs) segment is projected to register the fastest growth rate of 12.6% during the forecast period

U.S. Orthopedic Spine Navigation Systems Market Report Scope

Report Coverage Details
Market Size in 2023 USD 232.76 million
Market Size by 2032 USD 671.87 million
Growth Rate From 2023 to 2032 CAGR of 12.5%
Base Year 2022
Forecast Period 2023 to 2032
Segments Covered Technology, End-use 
Market Analysis (Terms Used) Value (US$ Million/Billion) or (Volume/Units)
Report Coverage Revenue forecast, company ranking, competitive landscape, growth factors, and trends
Key Companies Profiled

B. Braun Melsungen AG; Stryker; Medtronic; Smith+Nephew; Johnson & Johnson Services, Inc. (DePuy Synthes); Zimmer Biomet; Kinamed, Inc.; Globus Medical; OrthAlign; Novarad Corp.

 

 

Spine navigation systems are advanced medical devices that help surgeons perform spinal procedures more precisely and accurately. These systems build a three-dimensional map of the patient’s anatomy using real-time imaging and computer technology, giving the surgeon the ability to see the surgery site in real-time and make more accurate incisions. Increasing incidence of lifestyle-related health conditions, growing geriatric population, and rising number of sports & road injuries are some of the major factors contributing to the market growth.

For instance, according to the UNECE, in 2019, around 2,740,000 people were injured in road traffic accidents in the U.S. Furthermore, the prevalence of spinal disorders, such as degenerative disc disease, herniated discs, and spinal stenosis, is increasing in the U.S. population, driving the demand for orthopedic spine navigation systems. As per the National Spinal Cord Injury Statistical Center (NSCSC) 2021 estimates, approximately 30% of individuals with spinal cord injuries are re-admitted to hospitals within a year of their injury, with an average hospital stay of 22 days for those requiring readmission. Furthermore, as per an article published by the University of Washington in January 2021, traumatic spinal cord injuries affect over 18,000 Americans each year.

Many of these people require assistance with daily activities like eating, grooming, and drinking water since they are unable to use their hands or arms. However, the high cost of spinal procedures, regulatory barriers, and the lack of reimbursement policies are some of the factors restraining the growth of the market. Spine navigation systems can be expensive, and some healthcare providers may not have the resources to invest in them. According to a report by the National Spinal Cord Injury Statistical Center, the first-year expenses for a Spinal Cord Injury (SCI) with paraplegia averaged USD 537,271 in 2017. For quadriplegia, the first-year expenses were up to USD 1,102,403. The subsequent yearly expenses for paraplegia averaged USD 71,173, while for quadriplegia, the expenses could reach up to USD 191,437.

These statistics highlight the substantial financial burden that SCI can impose on individuals and society. The COVID-19 pandemic has brought about substantial changes to the medical industry, resulting in considerable challenges to regular clinical operations. The surgical navigation system market has been negatively impacted due to constraints on non-essential procedures. Nevertheless, the market is expected to grow owing to the factors, such as the rising need for improved patient outcomes, which will drive the adoption of new navigation-assisted surgical technologies. For instance, in February 2021, Royal Philips launched the ClarifEye Augmented Reality Surgical Navigation for minimally invasive spine surgeries, showcasing the continued development and introduction of innovative products to support market growth.

Technology Insights

Based on the technology, the industry has been classified into optical, electromagnetic, and others. The optical segment held the largest revenue share of 41.6% in 2022. This is owing to the high number of minimally invasive surgeries performed and the adoption of digital surgery solutions by end-users. Optical navigation systems can track surgical instruments using cameras and reflective markers, which provide real-time and precise guidance to surgeons during procedures. They are non-invasive and do not require additional hardware, which reduces the risk of complications and infections.

These systems are also cost-effective, making them an attractive option for healthcare providers compared to other technologies, such as electromagnetic navigation systems. The others segment comprises hybrid, CT-based, and fluoroscopy-based navigation systems. The others segment is expected to witness the fastest CAGR of 13.3% in the coming years owing to the increasing volume of orthopedic surgeries, technological advancements, availability of navigation systems for orthopedic surgeries, and R&D by key market players.

End-use Insights

The end-use segment has been bifurcated into hospitals and Ambulatory Surgery Centers (ASCs). The hospital segment held the largest share of 74.6% in 2022. This can be attributed to the fact that many orthopedic surgeries are performed in hospital settings. In addition, an increase in preference for minimally invasive surgeries will support segment growth. Moreover, hospitals provide specialized, long-term care to patients, and treatment costs are often reimbursed, which contributes to the segment’s growth. In December 2022, SeaSpine Holdings Corp. reported the installation of its 7D FLASH Navigation System at the Inova Fairfax Hospital in the U.S. This marked the 100th installation of the company’s 7D system across the globe.

The ASCs segment is projected to grow at the fastest CAGR of 13.7% over the forecast period. This is due to the growing number of ASCs, the adoption of enabling technologies for orthopedic surgeries, and the cost-effectiveness of ASCs. As per March 2022 estimates by the Centers for Medicare & Medicaid Services (CMS), about 461 Medicare-Certified ASCs are present in Texas, which is higher than the 442 ASCs reported in 2021. Similarly, during the same period, the number of ASCs increased from 457 to 463 in Florida, 368 to 386 in Georgia, and 817 to 845 in California. The number of ASCs is anticipated to increase with time as these facilities enable the performing of a large number of surgeries in short periods.

Key Companies & Market Share Insights

The key players are adopting several strategies, including new product launches and raising investments from private investors & venture capitalists, to strengthen their position in the market. For instance, in September 2022, Novarad Corp. collaborated with a network of renowned specialty spine and neurosurgical distribution partners based in the U.S. The initial network encompassed locations from the Eastern seaboard to Texas; additional partners joined in the fourth quarter of 2022, covering the entire USA.

This alliance will leverage the vast experience and robust local presence of the medical device distributors to drive the growth of Novarad’s newly launched OpenSight and VisAR product lines. The move represents a significant step towards expanding the company’s market share and strengthening its position in the highly competitive medical devices industry. Some prominent players in the U.S. Orthopedic Spine Navigation Systems market include:

  • B. Braun Melsungen AG
  • Stryker
  • Medtronic
  • Smith+Nephew
  • Johnson & Johnson Services, Inc. (DePuy Synthes)
  • Zimmer Biomet
  • Kinamed, Inc.
  • Globus Medical
  • OrthAlign
  • Novarad Corporation

Segments Covered in the Report

This report forecasts revenue growth at country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2032. For this study, Nova one advisor, Inc. has segmented the U.S. Orthopedic Spine Navigation Systems market.

By Technology 

  • Optical
  • Electromagnetic
  • Others

By End-use 

  • Hospitals
  • Ambulatory Surgical Centers (ASCs)

Frequently Asked Questions

The U.S. orthopedic spine navigation systems market size was estimated at USD 206.9 million in 2022 and is expected to surpass around USD 671.87 million by 2032

The U.S. orthopedic spine navigation systems market is expected to grow at a compound annual growth rate of 12.5% from 2023 to 2032

Some key players operating in the U.S. orthopedic spine navigation system market include o B. Braun Melsungen AG o Stryker o Medtronic o Smith+Nephew o Johnson & Johnson Services, Inc. (DePuy Synthes) o Zimmer Biomet

Key factors that are driving the market growth include increasing incidence of lifestyle-related health conditions, growing geriatric population, and rising number of sports & road injuries are some of the major factors contributing to the market growth.

Chapter 1 Methodology And Scope
                  1.1 Market Segmentation And Scope
                  1.2 Research Methodology
                  1.3 Information Procurement
                      1.3.1 Purchased Database:
                      1.3.2 Nova one advisor Internal Database
                      1.3.3 Secondary Sources
                      1.3.4 Primary Research
                      1.3.5 Details Of Primary Research
                  1.4 Information Or Data Analysis
                      1.4.1 Data Analysis Models
                  1.5 Market Formulation & Validation
                  1.6 Model Details
                      1.6.1 Commodity Flow Analysis (Model 1)
                      1.6.2. Approach 1: Commodity Flow Approach
                      1.6.3 Volume Price Analysis (Model 2)
                          1.6.3.1 Approach 2: Volume Price Analysis
                  1.7 List Of Secondary Sources
                  1.8 List Of Primary Sources
                  1.9 List Of Abbreviations
                  1.10 Objectives
                      1.10.1 Objective 1
                      1.10.2 Objective 2
                      1.10.3 Objective 3
                      1.10.4 Objective 4
Chapter 2 Executive Summary
                  2.1 Market Outlook
                  2.2 Segment Outlook
                  2.3 Competitive Insights
Chapter 3 U.S. Orthopedic Spine Navigation Systems Market Variables, Trends & Scope
                  3.1 Market Lineage Outlook
                      3.1.1 Parent Market Outlook
                      3.1.2 Ancillary Market Outlook
                  3.2 Penetration & Growth Prospect Mapping
                  3.3 User Perspective Analysis
                      3.3.1 Consumer Behavior Analysis
                      3.3.2 Market Influencer Analysis
                  3.4 List Of Key End-Users
                  3.5 Market Dynamics
                      3.5.1 Market Driver Analysis
                          3.5.1.1 Increase In The Prevalence of Spinal Disorders
                          3.5.1.2 Rising number of sports & road injuries
                      3.5.2 Market Restraints Analysis
                          3.5.2.1 High Cost of Spinal Procedures
                          3.5.2.2 Regulatory Barriers
                      3.5.3 Market Opportunity Analysis
                          3.5.3.1 Rising Number Of Government Initiatives
                          3.5.3.2 Improvements In Public And Private Hospital Infrastructure
                  3.6 U.S Orthopedic Spine Navigation Systems: Market Analysis Tools
                      3.6.1 Industry Analysis - Porter’s
                      3.6.2 Swot Analysis, By Pest
                  3.7 Impact Of Covid-19 On Market & Post Pandemic Insights
Chapter 4 U.S Orthopedic Spine Navigation Systems Market: Segment Analysis, By Technology, 2020 - 2032
                  4.1 Definition And Scope
                  4.2 Technology Market Share Analysis, 2023 & 2032
                  4.3 Segment Dashboard
                  4.4 U.S Orthopedic Spine Navigation Systems Market, By Technology, 2020 To 2032
                  4.5 Market Size & Forecasts And Trend Analyses, 2020 To 2032
                      4.5.1 Optical
                          4.5.1.1 Optical Market, 2020 - 2032
                      4.5.2 Electromagnetic
                          4.5.2.1 Electromagnetic Market, 2020 - 2032
                      4.5.3 Others
                          4.5.2.1 Others Market, 2020 - 2032
Chapter 6 U.S Orthopedic Spine Navigation Systems Market: Segment Analysis, By End-Use, 2020 - 2032
                  6.1 Definition And Scope
                  6.2 End-Use Market Share Analysis, 2023 & 2032
                  6.3 Segment Dashboard
                  6.4 U.S Orthopedic Spine Navigation Systems Market, By End-Use, 2020 To 2032
                  6.5 Market Size & Forecasts And Trend Analyses, 2020 To 2032
                      6.5.1 Hospitals
                          6.5.1.1 Hospitals Market, 2020 - 2032
                      6.5.2 Ambulatory Surgical Centers
                          6.5.2.1 Therapeutic Injections Market, 2020 - 2032
Chapter 7 U.S Orthopedic Spine Navigation Systems Market - Competitive Analysis
                  7.1 Recent Developments & Impact Analysis, By Key Market Participants
                  7.2 Company Categorization
                      7.2.1 Innovators
                      7.2.2 Market Leaders
                  7.3 Vendor Landscape
                      7.3.1 Key Company Position Analysis, 2023
                      7.3.2 Major Deals And Strategic Alliances
                          7.3.2.1 New Product Launch
                          7.3.2.2 Expansion
                          7.3.2.3 Acquisition
                      7.3.3 Market Entry Strategies
                  7.4 Company Profiles
                      7.4.1 B. Braun Melsungen AG
                          7.4.1.1 Company Overview
                          7.4.1.2 Financial Performance
                          7.4.1.3 Product Benchmarking
                          7.4.1.4 Strategic Initiatives
                      7.4.2 Stryker
                          7.4.2.1 Company Overview
                          7.4.2.2 Financial Performance
                          7.4.2.3 Product Benchmarking
                          7.4.2.4 Strategic Initiatives
                      7.4.3 Medtronic
                          7.4.3.1 Company Overview
                          7.4.3.2 Financial Performance
                          7.4.3.3 Product Benchmarking
                          7.4.3.4 Strategic Initiatives
                      7.4.4 Smith Nephew
                          7.4.4.1 Company Overview
                          7.4.4.2 Financial Performance
                          7.4.4.3 Product Benchmarking
                          7.4.4.4 Strategic Initiatives
                      7.4.5 Johnson & Johnson Services, Inc. (DePuy Synthes)
                          7.4.5.1 Company Overview
                          7.4.5.2 Financial Performance
                          7.4.5.3 Product Benchmarking
                          7.4.5.4 Strategic Initiatives
                      7.4.6 Zimmer Biomet
                          7.4.6.1 Company Overview
                          7.4.6.2 Financial Performance
                          7.4.6.3 Product Benchmarking
                          7.4.6.4 Strategic Initiatives
                      7.4.7 Kinamed, Inc.
                          7.4.7.1 Company Overview
                          7.4.7.2 Financial Performance
                          7.4.7.3 Product Benchmarking
                          7.4.7.4 Strategic Initiatives
                      7.4.8 Globus Medical
                          7.4.8.1 Company Overview
                          7.4.8.2 Financial Performance
                          7.4.8.3 Product Benchmarking
                          7.4.8.4 Strategic Initiatives
                      7.4.9 OrthAlign
                          7.4.9.1 Company Overview
                          7.4.9.2 Financial Performance
                          7.4.9.3 Product Benchmarking
                          7.4.9.4 Strategic Initiatives
                      7.4.10 Novarad Corporation
                          7.4.10.1 Company Overview
                          7.4.10.2 Financial Performance
                          7.4.10.3 Product Benchmarking
                          7.4.10.4 Strategic Initiatives

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