Image Guided Surgery Devices Market By Product Type (Surgical Navigation Systems, Endoscopes, Surgical Robots, CT, MRI, and Ultrasound-Based IGS Systems, Others); By Application (Neurosurgery, Orthopedic Surgery, Oncology Surgery, Cardiovascular Surgery, ENT Surgery, Others); By End-User (Hospitals, Ambulatory Surgical Centers (ASCs), Specialty Clinics); By Geography, Segment Revenue Estimation, Forecast, 2024–2032.

The image-guided surgery devices market was valued USD 5.2 billion in 2023 and estimated to reach USD 10.8 billion by 2030, at a Compound Annual Growth Rate of 11.2%. The growing incidence of chronic conditions, along with the progression of MSS techniques, underlines the necessity of IGS devices in today’s world of medicine.

 

IGS devices are ranked among the modern technologies that are used in surgery operations. Such systems use image real-time imaging methods like CT, MRI, ultrasound, and X-ray, each of which is useful while surgeons are operating. Implantable gonadostimulator device enhances precision, reduce risks, and augment efficiency and security, focusing on areas such as neurology, orthopedics, oncology, etc.

 

IMAGE-GUIDED SURGERY DEVICES MARKET: Drivers, Challenges, and Opportunities

IMAGE-GUIDED SURGERY DEVICES MARKET: Technological Advancements Driving Adoption

Emerging Chronic Diseases

Cancer, cardiovascular diseases, neurological disorders, and other chronic illnesses have placed maximum pressure on the healthcare sectors to develop superior surgical technologies. According to a WHO report, approximately 19.3 million new cancer cases were diagnosed in 2022, and several cancer operations required image guidance for appropriate tumor resection.

 

Increasing Trend in the Use of Endoscopy & Laparoscopy

Many patients and surgeons have opted for minimally invasive treatments because of leeward shift, reduced risk of infection, and scar-less surgery. MIS processes have been adopted by most hospitals and surgical facilities worldwide because image-managed devices are vital for high-precision operations.

 

New Technologies in Imaging Techniques

IGS systems are also benefiting from regular advancements in fields such as 3D and 4D imaging. For instance, the Medtronic’s StealthStation™ is the image-guided surgical system that applies the ordinary three-dimensional visualization in order to provide precise guidance during surgery.

 

IMAGE-GUIDED SURGERY DEVICES MARKET: AI and Robotics Transforming Surgical Precision

Artificial intelligence and robotics in integration

Technology plays a crucial role in the structural changes within the IGS by offering prospective solutions like, Real-Time Decision Making and Robotics. For example, Brainlab has applied intelligent algorithms to advance image analysis and navigation in surgeries for new opportunities in multimedia collaborative surgical operations.

 

Expansion in Emerging Markets

The increase in healthcare facilities in the growing economies of the world, especially in emerging markets including India, China, and Brazil, remains an untapped ground for IGS device manufacturers. These regions are anticipated to experience growth in the market mainly due to the increasing incidence of surgeries, growing healthcare costs, and policies implemented by governments to enhance the results of surgeries.

 

IMAGE-GUIDED SURGERY DEVICES MARKET: High Costs Limiting Accessibility

Expensive devices and costly procedures

The biggest challenge that organizations have with IGS systems implementation is in their health facilities. The cost of the system ranges between $200000 and $500000. Second, the cost of training personnel to operate these systems reduces their utilization across various industries.

 

Regulatory and reimbursement framework

Challenges that can overcome market growth include rules and regulations coupled with unequal reimbursement policies across the globe. For example, FDA regulatory procedures affecting new IGS devices may slow the introduction of those devices to the American market.

 

Technical Aspects and Learning Effects

Implementing advanced imaging technologies requires considerable skill, which limits its applicability in areas with limited professionals.

 

Market Segmentation

By Product Type

• Surgical Navigation Systems

• Endoscopes

• Surgical Robots

• CT, MRI, and Ultrasound-Based IGS Systems

• Others

 

By Application

• Neurosurgery

• Orthopedic Surgery

• Oncology Surgery

• Cardiovascular Surgery

• ENT Surgery

• Others

 

By End-User

• Hospitals

• Ambulatory Surgical Centers (ASCs)

• Specialty Clinics

 

By Region

• North America

• Europe

• Asia-Pacific

• Latin America

• Middle East & Africa

 

IMAGE-GUIDED SURGERY DEVICES MARKET: Dominance of Surgical Navigation Systems

Leading Segment: Surgical Navigation Systems

The surgical navigation system led the market with a share of  40% of the total revenue in 2023. These systems are heavily applied in demanding techniques, such as brain and bone operations, where accuracy is paramount. A surgical navigation system includes real-time imaging and added precision, which minimizes complications.

Application Segment: Neurosurgery

Neurosurgery is the biggest and fastest growing application segment owing to growing incidence of primary and metastatic intracranial tumours and other neurological disorders. New IGS devices like the Medtronic’s O-Arm™ Imaging System is revolutionizing neurosurgical procedures by providing3D imaging and visualization.

 

IMAGE-GUIDED SURGERY DEVICES MARKET: North America as the Leading Region

Leading Region: North America

In 2023, North America held the largest market share, accounting for nearly 45 percent of the total market. Some of the reasons proffered for the dominance of this region are good healthcare system, adopted technologies and reimbursement policies.

Europe:

The second largest market is Europe due to growing prevalence of chronic diseases and changes in healthcare system. Germany is quite famous in this region for its well-developed hospital facilities and the cooperation orientation in the creation of high-tech medical equipment.

Asia-Pacific:

Asia Pacific is expected to exhibit the highest growth of 13 percent in the year 2030. This is due to operation and other treatments with government plans like the Ayushman Bharat Scheme operated in India.

 

IMAGE-GUIDED SURGERY DEVICES MARKET: Key Innovators Shaping the Industry

• Medtronic

• Stryker Corporation

• GE Healthcare

• Brainlab

• Siemens Healthineers

• Zimmer Biomet

• Philips Healthcare

• Intuitive Surgical

• Karl Storz SE & Co. KG

• Olympus Corporation

 

IMAGE-GUIDED SURGERY DEVICES MARKET: AI, Robotics, and 5G Shaping the Future of Surgery

Global image guided surgery devices market is on the verge of great change due to technological advancement growth in health care sector and requirement for less invasive procedures. AI, robotics, and 5G shall be integrated to perform various tasks in surgery which will alter the kind of work being done in surgery to offer precision and enhance productivity.

 

The increased threat of new entrants who seek to attain the goal of affordable and sustainable solar energy innovations will be a threat to the solar energy industry. Therefore, it is forecasted that the image-guided surgery devices market will be crucial in supporting different trends in modern surgery by making the process safer, more efficient and patient-friendly.