The global Magnetic Localization System market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Magnetic localization system are the instruments that help in the real time management and tracking of medical equipment used during minimal invasive procedures. Magnetic localization system is usually attached with a computer that provides image guidance. The devices use electromagnetic field that helps in proper navigation of internal body organs. Magnetic localization system has helped the technicians in placement of devices precisely and accurately. Magnetic localization systems reduce cost and increases the workflow of the technicians. Magnetic localization system helps to identify the pathological site inside the human body. The main focus of magnetic localization system is removal of tumor and to treat other neurological problems, propelling the growth of the magnetic localization system market. The incorporation of minimal invasive procedure using magnetic localization systems over the traditional open brain surgeries, is also propelling the demand of the magnetic localization system market. The magnetic localization system has the potential to treat the pathological body part by increasing the navigation without using line of sight.
Magnetic Localization System Market aims to provide a comprehensive presentation of the global market for Magnetic Localization System, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Magnetic Localization System. Magnetic Localization System Market contains market size and forecasts of Magnetic Localization System in global, including the following market information:
Global Magnetic Localization System Market Revenue, 2018-2023, 2024-2032, ($ millions)
Global Magnetic Localization System Market Sales, 2018-2023, 2024-2032, (K Units)
Global top five Magnetic Localization System companies in 2022 (%)
The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million.
Rigid Magnetic Localization System Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Magnetic Localization System include Medtronic, Brainlab, Karl Storz, Fiagon, Collin Medical, Scopis and Veran Medical, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the Magnetic Localization System manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Magnetic Localization System Market, by Type, 2018-2023, 2024-2032 ($ Millions) & (K Units)
Global Magnetic Localization System Market Segment Percentages, by Type, 2022 (%)
- Rigid Magnetic Localization System
- Flexible Magnetic Localization System
Global Magnetic Localization System Market, by Application, 2018-2023, 2024-2032 ($ Millions) & (K Units)
Global Magnetic Localization System Market Segment Percentages, by Application, 2022 (%)
- Orthopedic
- ENT
- Dental
- Neurosurgery
Global Magnetic Localization System Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions) & (K Units)
Global Magnetic Localization System Market Segment Percentages, By Region and Country, 2022 (%)
- North America (United States, Canada, Mexico)
- Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- The Middle East and Africa (Middle East, Africa)
- South and Central America (Brazil, Argentina, Rest of SCA)
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Magnetic Localization System revenues in global market, 2018-2023 (Estimated), ($ millions)
- Key companies Magnetic Localization System revenues share in global market, 2022 (%)
- Key companies Magnetic Localization System sales in global market, 2018-2023 (Estimated), (K Units)
- Key companies Magnetic Localization System sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
- Medtronic
- Brainlab
- Karl Storz
- Fiagon
- Collin Medical
- Scopis
- Veran Medical
Outline of Major Chapters:
Chapter 1: Introduces the definition of Magnetic Localization System, market overview.
Chapter 2: Global Magnetic Localization System market size in revenue and volume.
Chapter 3: Detailed analysis of Magnetic Localization System manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Magnetic Localization System in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Magnetic Localization System capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.