Global Electromagnetic Tracking Systems Market - Industry Trends and Forecast to 2030

Global Electromagnetic Tracking Systems Market - Industry Trends and Forecast to 2030

Global Electromagnetic Tracking Systems Market, By Product Type (ENT Tracking Systems, Orthopedics Tracking Systems, Neuronavigation Tracking Systems, Cardiac Tracking Systems, Electrophysiology Tracking Systems, Dental Tracking Systems, And Others), Technology (Optical Navigation Systems, Electromagnetic (EM) Navigation Systems, Hybrid Navigation Systems, Fluoroscopy Based Navigation System, And Others), Connectivity (Wired Systems And Wireless Systems), Maneuverability (6-DOF, 5-DOF, And Others), End User (Healthcare Facilities, Military And Defense, Industrial Automation, And Others), Application (ENT Tracking Systems, Orthopedics Tracking Systems, Neuronavigation Tracking Systems, Cardiac Tracking Systems, Electrophysiology Tracking Systems, Dental Tracking Systems And Others), Distribution Channel (Direct Tender, Retail Sales, And Online Sales), Country (U.S., Canada, Mexico, Germany, France, U.K., Italy, Spain, Netherlands, Russia, Switzerland, Belgium, Turkey, Ireland, Rest of Europe, China, Japan, India, South Korea, Australia, Singapore, Thailand, Malaysia, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, Israel, UAE, Egypt, Rest of Middle East and Africa) Industry Trends and Forecast to 2030

Market Definition

Electromagnetic tracking devices are often used to track the location and orientation of a user in a virtual reality environment. Recently, video games supported by VR tools are more popular than before. It is used as valuables, work-related tools for neuroscientists, psychologists, biologists, and other researchers. Moreover, it can be used in one of the main research purposes lies from navigation studies that include complex experiments VR. These tracking systems are offering the surgeons highly advanced image guidance and visualization capabilities in a single system which help to perform a minimally invasive, accurate and selective surgery. The tracking systems are widely used in military and defence for navigation, targeting, and guidance.

As the popularity of gaming products increased, the key players increased their focus on integration of advanced motion technology to introduce new product. Moreover, it improved arithmetic which solved the problem of magnifying calculation error in some angle area. Industrial automation widely uses robotics and software to operate equipment and procedures across industries. Various applications include integrate IoT, machine learning, and other technologies to provide smart features that improve the user experience. The use of such technology offers businesses and people tremendous assistance in successfully achieving commercial and noncommercial requirements. Increased application of electromagnetic tracking systems in defense enabling military communications, navigation, radar, nonintrusive inspection of aircraft, and other equipment is expected to drive the growth of the market. Advanced methodologies present in the field are also propelling the growth of the global electromagnetic tracking systems market.

Market Segmentation

The electromagnetic tracking systems market is segmented into seven notable segments based on the product type, technology, connectivity, manoeuvrability, end user, application and distribution channel.
• On the basis of product type, the electromagnetic tracking systems market is segmented into ENT tracking systems, orthopedics tracking systems, neuronavigation tracking systems, cardiac tracking systems, electrophysiology tracking systems, dental tracking systems and others
• On the basis of technology, the electromagnetic tracking systems market is segmented into optical navigation systems, electromagnetic (EM) navigation systems, hybrid navigation systems, fluoroscopy based navigation system and others
• On the basis of connectivity, the electromagnetic tracking systems market is segmented into wired systems and wireless systems
• On the basis of manoeuvrability, the electromagnetic tracking systems market is segmented into 6-DOF, 5-DOF and others
• On the basis of end user, the electromagnetic tracking systems market is segmented into healthcare facilities, military and defence, industrial automation and others
• On the basis of application, the electromagnetic tracking systems market is segmented into ENT tracking systems, orthopedics tracking systems, neuronavigation tracking systems, cardiac tracking systems, electrophysiology tracking systems, dental tracking systems and others
• On the basis of distribution channel, the electromagnetic tracking systems market is segmented into direct tender, retail sales and online sales

Market Players

Some of the major players operating in the electromagnetic tracking systems market are:
• Medtronic
• Stryker
• Brainlab AG
• Koninklijke Philips N.V.
• Siemens
• Intel Corporation
• Fiagon GmbH
• KARL STORZ SE & Co. KG
• Zimmer Biomet
• Heal Force
• ERGOSURG GmbH
• Veran Medical Technologies
• Medacta International
• Medical Device Business Services, Inc.
• TOSHBRO MEDICALS PVT. LTD.
• B. Braun SE
• OrthAlign
• Circinus Medical Technology
• Augmedics