Surgical Navigation Systems Market Size, Share, Growth Analysis, By End-use(Hospitals, and Ambulatory Surgical Centers), By Application(ENT, Orthopedic, Neurology, Dental), By Region - Industry Forecast 2024-2031

As of 2023, the market for surgical navigation systems in North America accounted for a revenue share of 42.0%. Hence, it dominates the global market for surgical navigation systems. Increasing investment in improving healthcare infrastructure and the growing utilization of cutting-edge medical technology are two factors that have led to the increasing prevalence of the use of surgical systems. For instance, in May 2022, the Healthcare Information and Management Systems Society, Inc. presented an investment of approximately USD 36.7 billion over ten years for modernization to be carried out on the state, local, territorial, and tribal public health infrastructure. This was following review and advice from experts nationwide. According to sources, the grant's thrust is to improve preparation for existing and future public health catastrophes. 

However, Europe is expected to be the fastest region in the surgical navigation systems market. Expansion in the surgical navigation systems market is primarily attributed to high and increasing healthcare costs, and the aging population, which increases the risk of having obesity and fractures in Europe. Hospitals and clinics are employing advanced technologies in surgery, which makes accuracy higher and improves the success rate of surgery in direct proportion to increasing healthcare expenses. It has become increasingly necessary due to the increased prevalence of chronic illnesses, and surgery has become far more complex due to its necessity. Elderly patients require special techniques in surgery. They are required for the special needs of older patients, and the navigation systems thus form a must-have in such cases. Together, these factors make the European market accessible for long-term growth as healthcare facilities look towards modernization with evolving patient needs.