Strong CAGR to Propel in the Image Guided Surgery Devices Market and Beyond upto $15.78 Billion by 2029
Discover trends, market shifts, and competitive outlooks for the image guided surgery devices industry through 2025-2034 with The Business Research Company’s reliable data and in-depth research
#What Is the Estimated Market Size of the Image Guided Surgery Devices Market In 2029?#_x000D_
The market for image guided surgery devices has seen swift expansion in the past few years. It is expected to rise from a total value of $8.87 billion in 2024 to $9.78 billion in 2025, with a compound annual growth rate (CAGR) of 10.3%. Factors contributing to growth during the historic period include the increasing incidence of chronic diseases, widening application scope, development in healthcare infrastructure, growing awareness amongst healthcare professionals, as well as support and approval from regulatory authorities._x000D_
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The market size for image guided surgery devices is forecasted to experience substantial growth in the coming years, expected to reach “$15.78 billion by 2029, with a compound annual growth rate (CAGR) of 12.7%. The expansion in the prediction period can be credited to factors such as the broadening of the market in developing economies, the inclination of patients towards minimally invasive methods, the customization and individualization of treatments, global health issues and readiness, and collaborations and partnerships. Persistent technological innovations, integration with AI, advancements in technology, the escalating expansion of the global market, and the growing implementation of robotics are the primary trends projected for the forecast period._x000D_
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#Which Primay Drivers Are Accelerating Growth in the Image Guided Surgery Devices Market?#_x000D_
The image guided surgery devices market is expected to surge due to the increasing occurrence of neurological disorders. These disorders and diseases have an impact on the central and peripheral nervous systems. Image-guided surgery devices are leveraged to perform minimally invasive surgeries for treating neurological conditions like brain tumors or facilitating brain biopsies. In May 2022, the Austria-based non-profit medical society, the European Academy of Neurology, stated that 1 in 3 people experience a neurological disease at some point in their life, and there has been a nearly 40% increase in deaths caused by neurological conditions over the past three decades. Moreover, The European Academy of Neurology, a Europe-based non-profit organization, validated in May 2022 that a neurological disorder affects 1 in 3 persons at some point. Therefore, the escalating numbers of neurological disorders are fueling the expansion of the image guided surgery devices market._x000D_
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#Which Primary Segments of the Image Guided Surgery Devices Market Are Driving Growth and Industry Transformations?#_x000D_
The image guided surgery devices market covered in this report is segmented –_x000D_
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1) By Product: Image Guided Surgery Devices, Image Guided Surgery Software_x000D_
2) By Device Type: CT, Ultrasound, MRI, X-Ray, Fluoroscopy, Endoscopes, PET, SPECT,_x000D_
3) By Application: Cardiac Surgery, Neurosurgery, Orthopedic Surgery, Urology, Oncology Surgery, Gastroenterology, Other Applications_x000D_
4) By End User: Hospitals, Ambulatory Surgical Centers, Specialty Clinics, Research And Academic Institutions_x000D_
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Subsegments:_x000D_
1) By Image Guided Surgery Devices: Optical Tracking Systems, Electromagnetic Tracking Systems, Ultrasound-Based Systems_x000D_
2) By Image Guided Surgery Software: Pre-Operative Planning Software, Intra-Operative Imaging Software, Post-Operative Analysis Software_x000D_
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#Which Regions Are Key Players in the Growth of the #Which Primay Drivers Are Accelerating Growth in the Image Guided Surgery Devices Market?# Market?#_x000D_
North America was the largest region in the image guided surgery devices market in 2024. The regions covered in the image guided surgery devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa_x000D_
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#Which Technological Trends Are Reshaping the Image Guided Surgery Devices Industry Dynamics?#_x000D_
The image guided surgery devices market is seeing significant trends in the form of technological innovations. Giants in the marketplace are focused on developing cutting-edge technologies to solidify their dominance in the sector. As an illustration, Siemens Healthineers, based in Germany, launched the latest invention, the MAGNETOM Free. Star, and NAEOTOM Alpha, in March 2022. The MAGNETOM Free. Star, a helium-free scanner with an incredibly compact design, stands out for its easy installation process. It employs the novel DryCool technology, which streamlines complicated MRI technologies by utilizing digitalization and artificial intelligence (AI) to yield superior results for MRI scans. On the other hand, the NAEOTOM Alpha provides high-resolution imaging at the lowest dosage, spectrum information in each scan, and enhanced contrast at reduced noise due to its innovative QuantaMax detector’s direct signal conversion. This introduction of photon-counting CT is expected to push advancements in diagnostics for cardiology, pulmonology, cancer, and emergency medicine through accurate, non-invasive diagnosis._x000D_
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#What Parameters Are Used to Define the Image Guided Surgery Devices Market?#_x000D_
Image guided surgery devices refer to a device used for conducting surgery using computerized systems that are highly sophisticated and provides three-dimensional images of the patient’s anatomy. Image-guided surgery devices are used by surgeons to get real-time images of the inside of the patient’s body during surgery._x000D_
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