ENT navigation system is a navigation system for ENT surgery. It is a methodology for evaluation of surgical & ergonomic system properties. These systems are basically devices that deliver enhanced visualization with full high-definition display. They are integrated with endoscope and incessant tracking of surgical instruments that enable the surgeons to achieve better results through more complete resections. Rise in prevalence of diseases like chronic otitis and sinusitis are the key factors driving the growth of the market.
As per analysis, “Global ENT Navigation Systems Market Status (2015-2019) and Forecast (2020-2024) by Region, Product Type & End-Use” some of the renowned companies that are currently operating in the global ENT navigation systems market include Intuitive Surgical, Stryker, Hansen Medical, Medtronic, Karl Storz, Hansen Medical, Brainlab, Accuray and among others. Key manufacturers are investing various resources to develop the technologically advanced surgical navigation systems to provide more precise outcomes.
Based on type, ENT navigation systems market is segmented as electromagnetic (EM) navigation and optical navigation. Optical navigation system dominates the global market owing to its advantages that optical navigation system provides over electromagnetic navigation technology such as reduced radiation exposure and accuracy provided during the complex surgeries. In addition, based on application, market is segmented as ENT surgery, Functional Endoscopy Sinus Surgery (FESS) and neuro surgery.
The ENT navigation systems market is driven by rise in prevalence of ENT disorders, followed by increase in incidence & prevalence of neurological disorders, rise in adoption of surgical navigation technology in minimally invasive surgical procedures, growth in aging population, rise in number of orthopedic & ENT disorders and increase in adoption of minimally invasive surgical procedures. Apart from this, stringent rules & regulations for product approval and high cost of surgical navigation systems are major hindering factors for market. Additionally, growth in technological advancements and acceptance of surgical navigation systems in ambulatory settings are leading opportunities for market. Moreover, rise in reimbursement coverage for orthopedic procedures, surge in preference for ambulatory surgery centers and increase in prevalence of target disorders are key trends for market. Furthermore, survival of small players & new entrants is a major challenge for global market.
Based on geographic analysis, the North-America holds major share in global ENT navigation systems market owing to rise in demand for minimally invasive surgeries, increase in government funding for the development of surgical navigation systems, and growth in improvement in healthcare infrastructure across the region. The Asia-Pacific and Europe regions are likely to exhibit higher growth rate due to growth in geriatric population and rise in number of ENT disorders & ENT surgeries performed in the emerging countries over the forecast period. It is estimated that future of the global ENT navigation systems market will be bright as a result of increase in incidence of orthopedic and neurological disorders, rise in awareness on the benefits of Computer Assisted Surgeries (CAS) coupled with growth in number of road accidents requiring emergency medical procedures during the forecast period.
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Ankur Gupta, Head Marketing & Communications