The intraoperative sensor is a requisite part of modern technologies. These are the employable gadgets used for a bone medical procedure. Intra-operative position tracking and sensing devices are basic building blocks and are usually used in computer-assisted orthopedic surgery (CAOS). These devices are used during surgery to precisely localize rigid anatomical structures, surgical implants, conventional surgical tools, and other medical imaging equipment such as ultrasound scanners or X-Ray. Intra-operative sensors can be used to infer the relative orientation and position of the vertebral body. Advancement in this market is expected to create practically innovative progress and simple-to-use intraoperative sensor frameworks.
COVID-19 Impact analysis
COVID-19 is an infectious disease that originated in Hubei province of the Wuhan city in China in late December. The highly contagious disease, caused by a virus, severe acute respiratory syndrome corona virus 2 (SARS-CoV-2), is transmitted from human to human. Since the outbreak in December 2019, the disease has spread to almost 213 countries around the globe with the World Health Organization declaring it a public health emergency on March 11, 2020.
There has been an increase in the demand for medical supplies to take care of infected population. Respiratory support devices such as atomizers, life-support machines, oxygen generators, and monitors are among the majorly used medical devices in primary clinical treatment. Moreover, COVID-19 has led to a huge surge in demand for medical supplies such as personal protective equipment including masks, gloves, and protective eyeglasses. There is an increase in the need for medical supplies, both from healthcare professionals and civil population for precautionary measures, owing to the rise in number of COVID-19 cases worldwide. Manufacturers of these products have a chance to capitalize this increased demand for medical supplies to ensure adequate and continuous supply of personal protective equipment in the market. Therefore, COVID 19 is expected to have a significant impact on the intraoperative sensor market.
Top Impacting Factors
- Rise in cases of orthopedic, kidney, and optic disorders, surge in application in various surgical procedures including orthopedic, optic, kidney dialysis, and other surgeries, increase in need for advanced healthcare, and surge in the geriatric population, drive the growth of the intraoperative sensor market.
- In addition, increase in healthcare expenditure; collaborations & acquisitions between key players to facilitate the launch of the novel developed products in the market; rise in R&D activities to improve quality of products; and technological advancements are some factors, which boost the intraoperative sensor market growth.
- However, the need for skilled professionals to operate these devices; the high cost of sensors, lack of knowledge for proper handling of the device as well as complications hinder the intraoperative sensor market growth.
- Contrarily, favorable healthcare and government policies for regulatory approval offer new pathways in the industry.
Intraoperative Sensor Market Trends
New product launches to flourish the market
The key players are effectively taking an interest in launching innovative products to expand the intraoperative sensor market.
In December 2020, Scientists at the U.S. National Institutes of Health (NIH) have developed a planned sensor, the man-made brainpower (AI), aiding with checking serotonin transmission in the mind under different specific conditions.
Key Benefits of the Report
- This study presents the analytical depiction of the intraoperative sensor industry along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the intraoperative sensor market share.
- The current market is quantitatively analyzed to highlight the intraoperative sensor market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed intraoperative sensor market analysis based on competitive intensity and how the competition will take shape in coming years
Questions answered in the intraoperative sensor Report
- Which are the leading players active in the intraoperative sensor market?
- What are the current trends that will influence the market in the next few years?
- What are the driving factors, restraints, and opportunities of the market?
- What future projections would help in taking further strategic steps?
- What is "Intraoperative sensor"?
- What is "Intraoperative sensor" Market prediction in the future?
- Who are the leading global players in the "Intraoperative sensor" Market?
- What are the current trends and predicted trends?
- What are the key benefits of the "Intraoperative sensor" Market report?
Intraoperative sensor Market Report Highlights
Aspects | Details |
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By Modality |
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By Application |
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By End User |
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Key Market Players | Medtronic PLC, Analog Devices, Siemens AG, Koninklijke Philips N.V., Honeywell International Inc., GE Healthcare, Posifa Technologies Measurement Specialties Inc., Samsung Electronics Co. Ltd., ABB Group, Robert Bosch GmbH |
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