Analyzing the Future of Image Guided Surgery Devices Market Dynamics 2025-2034: Growth Rate, Trends, and Major Opportunities
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What is the Future CAGR of the Image Guided Surgery Devices Market, and How Will It Impact Industry Expansion?
The market for image guided surgery devices has experienced swift expansion in the past few years. A rise from $8.87 billion in 2024 to $9.78 billion in 2025 is projected, with a compound annual growth rate (CAGR) of 10.3%. Factors like increasing chronic disease prevalence, broadening usage, enhanced healthcare infrastructure, growing consciousness among healthcare practitioners, and supportive regulations and approvals helped fuel growth during the historic period.
The market for image guided surgery devices is predicted to see significant expansion in the forthcoming years, with an estimated value of “$15.78 billion by 2029, growing at a compound annual growth rate (CAGR) of 12.7%. The projected advancement during the forecast period is due to various factors including the expansion of the market in developing economies, the patient’s inclination towards less invasive procedures, customized and personalized therapies, worldwide health issues and readiness, as well as collaborations and partnerships. The forecast period will also witness major trends such as continuing technological evolutions, the incorporation of artificial intelligence, technological progress, global market development, and the increased use of robotics.
What Factors Are Propelling the Growth of the image guided surgery devices Market from 2025 to 2034?
The surge in neurological disorders is predicted to spur the expansion of the image guided surgery devices market. These disorders and diseases impact the central and peripheral nervous systems. Devices for image-guided surgery are utilized to carry out minimally invasive procedures in order to manage neurological conditions such as brain tumors or undertake brain biopsies. For example, the European Academy of Neurology, a non-profit medical society located in Austria, announced in May 2022, that 1 in 3 people are affected by a neurological disease at some stage in their lives and the death toll from neurological conditions has seen an approximately 40% rise in the past 30 years. Moreover, in May 2022, according to The European Academy of Neurology, a non-profit institution based in Europe, a neurological disorder impacts 1 in 3 individuals at a certain point in their lives. Consequently, the escalating number of neurological disorders are propelling the growth of the image guided surgery devices market.
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What Are the Top Market Players Propelling the Growth of the Image Guided Surgery Devices Industry?
Major companies operating in the image guided surgery devices market include:
• General Electric Company_x000D_
• Medtronic Plc._x000D_
• Olympus Corporation_x000D_
• Siemens Healthineers_x000D_
• Koninklijke Philips N.V._x000D_
What Are the Key Trends to Watch in the Image Guided Surgery Devices Market Over the Coming Years?
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How Are Key Segments Defining the Competitive Landscape of the Image Guided Surgery Devices Market?
The image guided surgery devices market covered in this report is segmented –
1) By Product: Image Guided Surgery Devices, Image Guided Surgery Software
2) By Device Type: CT, Ultrasound, MRI, X-Ray, Fluoroscopy, Endoscopes, PET, SPECT,
3) By Application: Cardiac Surgery, Neurosurgery, Orthopedic Surgery, Urology, Oncology Surgery, Gastroenterology, Other Applications
4) By End User: Hospitals, Ambulatory Surgical Centers, Specialty Clinics, Research And Academic Institutions
Subsegments:
1) By Image Guided Surgery Devices: Optical Tracking Systems, Electromagnetic Tracking Systems, Ultrasound-Based Systems
2) By Image Guided Surgery Software: Pre-Operative Planning Software, Intra-Operative Imaging Software, Post-Operative Analysis Software
What Regions Are Dominating the Image Guided Surgery Devices Market Growth?
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
How Do Experts Define the Scope of the Image Guided Surgery Devices Market?
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.
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