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Report
Global Electromagnetic Tracking Systems Market - Industry Trends and Forecast to 2030
Market Report I 2023-01-01 I 428 Pages I Data Bridge Market Research
The electromagnetic tracking systems market is projected to register a CAGR of 10.4% in the forecast period of 2023 to 2030. The new market report contains data for the historic year 2021, the base year of calculation is 2022 and the forecast period is 2023 to 2030.
Market Segmentation:
Global Electromagnetic Tracking Systems Market, By Product Type (ENT Tracking Systems, Orthopedics Tracking Systems, Neuronavigation Tracking Systems, Cardiac Tracking Systems, Electrophysiology Tracking Systems, Dental Tracking Systems, And Others), Technology (Optical Navigation Systems, Electromagnetic (EM) Navigation Systems, Hybrid Navigation Systems, Fluoroscopy Based Navigation System, And Others), Connectivity (Wired Systems And Wireless Systems), Maneuverability (6-DOF, 5-DOF, And Others), End User (Healthcare Facilities, Military And Defense, Industrial Automation, And Others), Application (ENT Tracking Systems, Orthopedics Tracking Systems, Neuronavigation Tracking Systems, Cardiac Tracking Systems, Electrophysiology Tracking Systems, Dental Tracking Systems And Others), Distribution Channel (Direct Tender, Retail Sales, And Online Sales), Country (U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America) Industry Trends and Forecast to 2030
Some of the major factors contributing to the growth of the electromagnetic tracking systems market are:
- Rising collaboration and agreement of electromagnetic tracking systems market players with hospitals and other medical settings
- Increasing demand for electromagnetic surgical navigation
- Growing investment by government and private sector
Market Players:
Some of the major players operating in the electromagnetic tracking systems market are:
- Medtronic
- Stryker
- Brainlab AG
- Koninklijke Philips N.V.
- Siemens
- Intel Corporation
- Fiagon GmbH
- KARL STORZ SE & Co. KG
- Zimmer Biomet
- Heal Force
- ERGOSURG GmbH
- Veran Medical Technologies
- Medacta International
- Medical Device Business Services, Inc.
- TOSHBRO MEDICALS PVT. LTD.
- B. Braun SE
- OrthAlign
- Circinus Medical Technology
- Augmedics
TABLE OF CONTENTS
1 INTRODUCTION 48
1.1 OBJECTIVES OF THE STUDY 48
1.2 MARKET DEFINITION 48
1.3 OVERVIEW OF THE GLOBAL ELECTROMAGNETIC TRACKING SYSTEMS MARKET 48
1.4 LIMITATIONS 50
1.5 MARKETS COVERED 50
2 MARKET SEGMENTATION 53
2.1 MARKETS COVERED 53
2.2 GEOGRAPHICAL SCOPE 54
2.3 YEARS CONSIDERED FOR THE STUDY 55
2.4 CURRENCY AND PRICING 55
2.5 DBMR TRIPOD DATA VALIDATION MODEL 56
2.6 MULTIVARIATE MODELLING 59
2.7 PRODUCT TYPE LIFELINE CURVE 59
2.8 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS 60
2.9 DBMR MARKET POSITION GRID 61
2.10 MARKET APPLICATION COVERAGE GRID 62
2.11 VENDOR SHARE ANALYSIS 63
2.12 SECONDARY SOURCES 64
2.13 ASSUMPTIONS 64
3 EXECUTIVE SUMMARY 65
4 PREMIUM INSIGHTS 68
4.1 PESTEL ANALYSIS 71
4.2 PORTER'S FIVE FORCES MODEL 72
4.3 NUMBER OF HOSPITALS ANALYSIS: GLOBAL ELECTROMAGNETIC TRACKING SYSTEMS MARKET 73
4.4 PATENT ANALYSIS OF GLOBAL ELECTROMAGNETIC TRACKING SYSTEMS 74
5 VALUE CHAIN ANALYSIS: GLOBAL ELECTROMAGNETIC TRACKING SYSTEMS MARKET 76
6 INDUSTRY INSIGHTS FOR GLOBAL ELECTROMAGNETIC TRACKING SYSTEMS MARKET 77
6.1 KEY PRICING STRATEGIES 77
6.1.1 PRODUCT INNOVATION 77
6.1.2 CONSUMER AWARENESS 77
6.1.3 A VAST NETWORK OF DISTRIBUTION 78
6.1.4 PARTNERSHIP BY MAJOR PLAYERS 78
6.1.5 IDENTIFICATION OF CUSTOMERS NEED FOR INNOVATIVE PRODUCTS 78
6.1.6 INCREASING SPECIFIC TACTICS FOR EVERY STEP 79
6.1.7 OTHERS 79
6.2 INTERVIEWS WITH MEDICAL DEVICES COMPANIES 79
6.3 INTERVIEWS WITH PHYSICIANS 80
6.4 INTERVIEWS WITH RESEARCH SCHOLAR 80
7 GLOBAL ELECTROMAGNETIC TRACKING SYSTEMS MARKET: REGULATIONS 82
8 MARKET OVERVIEW 86
8.1 DRIVERS 88
8.1.1 RISE IN DEMAND FOR VIRTUAL AND AUGMENTED REALITY TECHNOLOGY 88
8.1.2 GROWING USE OF ELECTROMAGNETIC TRACKING IN AEROSPACE AND DEFENSE 88
8.1.3 RISE IN COLLABORATION AND AGREEMENT OF ELECTROMAGNETIC TRACKING SYSTEMS MARKET PLAYERS WITH HOSPITALS AND OTHER MEDICAL SETTINGS 89
8.1.4 INCREASING DEMAND FOR ELECTROMAGNETIC SURGICAL NAVIGATION 90
8.2 RESTRAINTS 90
8.2.1 STRICT REGULATORY FRAMEWORKS 90
8.2.2 RISK ASSOCIATED WITH HIGH-DOSE RADIATION EXPOSURE 91
8.2.3 HIGH COMPETITION AMONG KEY PLAYERS 91
8.3 OPPORTUNITIES 92
8.3.1 INCREASING APPLICATION OF ELECTROMAGNETIC TRACKING SYSTEMS IN HEALTHCARE 92
8.3.2 GROWING INVESTMENT BY THE GOVERNMENT AND PRIVATE SECTOR 92
8.3.3 ADVANCEMENT IN THE MANUFACTURING INDUSTRY 93
8.4 CHALLENGES 94
8.4.1 HIGH COST OF SYSTEMS 94
8.4.2 ERRORS ASSOCIATED WITH THE INTERFERENCE DURING THE USE OF AN ELECTROMAGNETIC TRACKING SYSTEM 94
9 GLOBAL ELECTROMAGNETIC TRACKING SYSTEMS MARKET, BY PRODUCT TYPE 95
9.1 OVERVIEW 96
9.2 ORTHOPEDIC TRACKING SYSTEM 99
9.2.1 IMAGELESS ORTHOPEDIC SYSTEMS 100
9.2.2 RADIOGRAPHY ORTHOPEDIC SYSTEMS 100
9.2.3 CT-BASED ORTHOPEDIC SYSTEMS 100
9.2.4 FLUOROSCOPY-BASED NAVIGATION SYSTEMS 100
9.3 ENT TRACKING SYSTEM 100
9.3.1 OPTICAL SYSTEM 102
9.3.2 ELECTROMAGNETIC SYSTEM 102
9.3.3 HYBRID SYSTEM 102
9.4 CARDIAC TRACKING SYSTEMS 102
9.5 ELECTROPHYSIOLOGY TRACKING SYSTEMS 103
9.6 NEURONAVIGATION TRACKING SYSTEMS 104
9.6.1 OPTICAL SYSTEM 105
9.6.2 ELECTROMAGNETIC SYSTEM 105
9.7 DENTAL TRACKING SYSTEMS 105
9.8 OTHER SYSTEMS 106
10 GLOBAL ELECTROMAGNETIC TRACKING SYSTEMS MARKET, BY TECHNOLOGY 108
10.1 OVERVIEW 109
10.2 OPTICAL NAVIGATION SYSTEMS 112
10.3 ELECTROMAGNETIC (EM) NAVIGATION SYSTEMS 112
10.4 HYBRID NAVIGATION SYSTEMS 113
10.5 FLUOROSCOPY BASED NAVIGATION SYSTEM 114
10.6 OTHERS 115
11 GLOBAL ELECTROMAGNETIC TRACKING SYSTEMS MARKET, BY CONNECTIVITY 116
11.1 OVERVIEW 117
11.2 WIRED SYSTEMS 120
11.3 WIRELESS SYSTEMS 121
12 GLOBAL ELECTROMAGNETIC TRACKING SYSTEMS MARKET, BY MANEUVERABILITY 122
12.1 OVERVIEW 123
12.2 6-DOF 126
12.3 5-DOF 126
12.4 OTHERS 127
13 GLOBAL ELECTROMAGNETIC TRACKING SYSTEMS MARKET, BY END USER 128
13.1 OVERVIEW 129
13.2 HEALTHCARE FACILITIES 132
13.2.1 HOSPITALS 133
13.2.2 AMBULATORY SERVICE CENTERS 133
13.2.3 RESEARCH/ ACADEMIC INSTITUTIONS 133
13.3 MILITARY AND DEFENCE 133
13.4 INDUSTRIAL AUTOMATION 134
13.5 OTHERS 135
13.5.1 GAMING 136
13.5.2 MEDIA/PRODUCTION 136
13.5.3 SIMULATION AND TRAINING 136
13.5.4 OTHERS 137
14 GLOBAL ELECTROMAGNETIC TRACKING SYSTEMS MARKET, BY APPLICATION 138
14.1 OVERVIEW 139
14.2 ORTHOPEDIC TRACKING SYSTEM 142
14.2.1 DIAGNOSTIC 143
14.2.2 INTERVENTIONAL 143
14.3 ENT TRACKING SYSTEM 143
14.3.1 DIAGNOSTIC 144
14.3.2 INTERVENTIONAL 144
14.4 CARDIAC TRACKING SYSTEMS 144
14.4.1 DIAGNOSTIC 145
14.4.2 INTERVENTIONAL 146
14.5 ELECTROPHYSIOLOGY TRACKING SYSTEMS 146
14.5.1 DIAGNOSTIC 147
14.5.2 INTERVENTIONAL 147
14.6 NEURONAVIGATION TRACKING SYSTEMS 147
14.6.1 DIAGNOSTIC 148
14.6.2 INTERVENTIONAL 148
14.7 DENTAL TRACKING SYSTEMS 148
14.7.1 DIAGNOSTIC 149
14.7.2 INTERVENTIONAL 149
14.8 OTHER SYSTEMS 150
15 GLOBAL ELECTROMAGNETIC TRACKING SYSTEMS MARKET, BY DISTRIBUTION CHANNEL 151
15.1 OVERVIEW 152
15.2 DIRECT TENDER 155
15.3 RETAIL SALES 155
15.4 ONLINE SALES 156
16 GLOBAL ELECTROMAGNETIC TRACKING SYSTEMS MARKET, BY REGION 157
16.1 OVERVIEW 158
16.2 NORTH AMERICA 164
16.2.1 U.S. 175
16.2.2 CANADA 181
16.2.3 MEXICO 187
16.3 EUROPE 193
16.3.1 GERMANY 204
16.3.2 FRANCE 210
16.3.3 U.K. 216
16.3.4 ITALY 222
16.3.5 SPAIN 228
16.3.6 RUSSIA 234
16.3.7 TURKEY 240
16.3.8 BELGIUM 246
16.3.9 NETHERLANDS 252
16.3.10 SWITZERLAND 258
16.3.11 REST OF EUROPE 264
16.4 ASIA-PACIFIC 265
16.4.1 JAPAN 275
16.4.2 CHINA 280
16.4.3 SOUTH KOREA 285
16.4.4 INDIA 290
16.4.5 AUSTRALIA 295
16.4.6 SINGAPORE 300
16.4.7 THAILAND 305
16.4.8 MALAYSIA 310
16.4.9 INDONESIA 315
16.4.10 PHILIPPINES 320
16.4.11 REST OF ASIA-PACIFIC 325
16.5 SOUTH AMERICA 326
16.5.1 BRAZIL 336
16.5.2 ARGENTINA 341
16.5.3 REST OF SOUTH AMERICA 346
16.6 MIDDLE EAST AND AFRICA 347
16.6.1 SOUTH AFRICA 357
16.6.2 SAUDI ARABIA 362
16.6.3 U.A.E 367
16.6.4 EGYPT 372
16.6.5 ISRAEL 377
16.6.6 REST OF MIDDLE EAST AND AFRICA 382
17 GLOBAL ELECTROMAGNETIC TRACKING SYSTEMS MARKET, COMPANY LANDSCAPE 383
17.1 COMPANY SHARE ANALYSIS: GLOBAL 383
17.2 COMPANY SHARE ANALYSIS: NORTH AMERICA 384
17.3 COMPANY SHARE ANALYSIS: EUROPE 385
17.4 COMPANY SHARE ANALYSIS: ASIA-PACIFIC 386
18 SWOT ANALYSIS 387
19 COMPANY PROFILE 388
19.1 TT ELECTRONICS 388
19.1.1 COMPANY SNAPSHOT 388
19.1.2 REVENUE ANALYSIS 388
19.1.3 COMPANY SHARE ANALYSIS 389
19.1.4 PRODUCT PORTFOLIO 389
19.1.5 RECENT DEVELOPMENT 389
19.2 NORTHERN DIGITAL INC 390
19.2.1 COMPANY SNAPSHOT 390
19.2.2 COMPANY SHARE ANALYSIS 390
19.2.3 PRODUCT PORTFOLIO 391
19.2.4 RECENT DEVELOPMENT 391
19.3 AMFITECH APS 392
19.3.1 COMPANY SNAPSHOT 392
19.3.2 COMPANY SHARE ANALYSIS 392
19.3.3 PRODUCT PORTFOLIO 393
19.3.4 RECENT DEVELOPMENT 393
19.4 RADWAVE TECHNOLOGIES INC. 394
19.4.1 COMPANY SNAPSHOT 394
19.4.2 COMPANY SHARE ANALYSIS 394
19.4.3 PRODUCT PORTFOLIO 395
19.4.4 RECENT DEVELOPMENT 395
19.5 OMMO TECHNOLOGIES 396
19.5.1 COMPANY SNAPSHOT 396
19.5.2 COMPANY SHARE ANALYSIS 396
19.5.3 PRODUCT PORTFOLIO 397
19.5.4 RECENT DEVELOPMENTS 397
19.6 POLHEMUS. 398
19.6.1 COMPANY SNAPSHOT 398
19.6.2 PRODUCT PORTFOLIO 398
19.6.3 RECENT DEVELOPMENTS 398
19.7 AUGMEDICS 399
19.7.1 COMPANY SNAPSHOT 399
19.7.2 PRODUCT PORTFOLIO 399
19.7.3 RECENT DEVELOPMENTS 399
19.8 B.BRAUN MELSUNGEN AG 400
19.8.1 COMPANY SNAPSHOT 400
19.8.2 REVENUE ANALYSIS 400
19.8.3 PRODUCT PORTFOLIO 401
19.8.4 RECENT DEVELOPMENT 401
19.9 BRAINLAB AG 402
19.9.1 COMPANY SNAPSHOT 402
19.9.2 PRODUCT PORTFOLIO 402
19.9.3 RECENT DEVELOPMENTS 402
19.10 CIRCINUS MEDICAL TECHNOLOGY. 403
19.10.1 COMPANY SNAPSHOT 403
19.10.2 PRODUCT PORTFOLIO 403
19.10.3 RECENT DEVELOPMENTS 403
19.11 ERGOSURG GMBH 404
19.11.1 COMPANY SNAPSHOT 404
19.11.2 PRODUCT PORTFOLIO 404
19.11.3 RECENT DEVELOPMENTS 404
19.12 FIAGON GMBH 405
19.12.1 COMPANY SNAPSHOT 405
19.12.2 PRODUCT PORTFOLIO 405
19.12.3 RECENT DEVELOPMENTS 405
19.13 HEAL FORCE 406
19.13.1 COMPANY SNAPSHOT 406
19.13.2 PRODUCT PORTFOLIO 406
19.13.3 RECENT DEVELOPMENTS 406
19.14 KARL STORZ SE & CO. KG. 407
19.14.1 COMPANY SNAPSHOT 407
19.14.2 PRODUCT PORTFOLIO 407
19.14.3 RECENT DEVELOPMENTS 407
19.15 KONINKLIJKE PHILIPS N.V. 408
19.15.1 COMPANY SNAPSHOT 408
19.15.2 REVENUE ANALYSIS 408
19.15.3 PRODUCT PORTFOLIO 409
19.15.4 RECENT DEVELOPMENT 409
19.16 MEDACTA INTERNATIONAL 410
19.16.1 COMPANY SNAPSHOT 410
19.16.2 REVENUE ANALYSIS 410
19.16.3 PRODUCT PORTFOLIO 411
19.16.4 RECENT DEVELOPMENT 411
19.17 MEDICAL DEVICE BUSINESS SERVICES, INC. 412
19.17.1 COMPANY SNAPSHOT 412
19.17.2 PRODUCT PORTFOLIO 412
19.17.3 RECENT DEVELOPMENTS 412
19.18 MEDTRONIC 413
19.18.1 COMPANY SNAPSHOT 413
19.18.2 REVENUE ANALYSIS 413
19.18.3 PRODUCT PORTFOLIO 414
19.18.4 RECENT DEVELOPMENT 414
19.19 ORTHALIGN 415
19.19.1 COMPANY SNAPSHOT 415
19.19.2 PRODUCT PORTFOLIO 415
19.19.3 RECENT DEVELOPMENT 415
19.20 SIEMENS AG 416
19.20.1 COMPANY SNAPSHOT 416
19.20.2 REVENUE ANALYSIS 416
19.20.3 PRODUCT PORTFOLIO 417
19.20.4 RECENT DEVELOPMENT 417
19.21 STRYKER 418
19.21.1 COMPANY SNAPSHOT 418
19.21.2 REVENUE ANALYSIS 418
19.21.3 PRODUCT PORTFOLIO 419
19.21.4 RECENT DEVELOPMENT 419
19.22 TOSHBRO MEDICALS PVT. LTD. 420
19.22.1 COMPANY SNAPSHOT 420
19.22.2 PRODUCT PORTFOLIO 420
19.22.3 RECENT DEVELOPMENTS 420
19.23 VERAN MEDICAL TECHNOLOGIES. 421
19.23.1 COMPANY SNAPSHOT 421
19.23.2 PRODUCT PORTFOLIO 421
19.23.3 RECENT DEVELOPMENT 421
19.24 ZIMMER BIOMET 422
19.24.1 COMPANY SNAPSHOT 422
19.24.2 REVENUE ANALYSIS 422
19.24.3 PRODUCT PORTFOLIO 423
19.24.4 RECENT DEVELOPMENT 423
20 QUESTIONNAIRE 424
21 RELATED REPORTS 428
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