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Magnetic Localization System Market: Current Analysis and Forecast (2021-2027)

Region:Global

Author(s):

Product Code:UMHE21279

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Published on

June 2021

Total pages

118

Table of Content

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About the Report

About the Report

MAGNETIC FIELDS ARE EXCELLENT LOCALIZATION TOOLS BECAUSE OF THEIR ABILITY TO WORK IN HARSH CONDITIONS. MAGNETIC FIELDS CAN WORK IN EXTREME TEMPERATURES, RADIATION, PRESSURE, AND OTHER ENVIRONMENTAL CONDITIONS. MAGNETIC LOCALIZATION DEVICES DO NOT REQUIRE A LINE OF SIGHT, ENABLING THEM TO WORK ACROSS MULTIPLE NON-FERROMAGNETIC MEDIUMS. MAGNETIC LOCALIZATION SYSTEMS CAN BE CATEGORIZED INTO TWO TYPES, INVOLVING THE HARNESSING OF ACTIVE AND PASSIVE FIELDS. ARTIFICIALLY GENERATED ELECTROMAGNETIC FIELDS CAN PRODUCE EITHER PULSED OR STATIC WHICH POSSESS SUPERIOR MEASUREMENT RANGES AND BETTER IMMUNITY TO BACKGROUND GEOMAGNETIC NOISE. ACTIVE MAGNETIC FIELDS REQUIRE POWER, WHICH CAN EITHER BE PROVIDED USING A BATTERY OR EXTERNALLY WITH THE HELP OF CONSTRICTING TETHERING WIRES WHICH ARE LESS DESIRABLE FOR APPLICATIONS SUCH AS MEDICAL DEVICES THAT REQUIRE COMPACT AND LIGHTWEIGHT FOOTPRINTS. PERMANENT MAGNETS NEED ZERO POWER AS THEY PROVIDE STATIC MAGNETIC FIELDS THAT CAN BE EMBEDDED DIRECTLY INTO THE TARGET WHICH CAN BE USED FOR NON-OBSTRUCTIVE LOCALIZATION AND TRACKING. MAGNETIC LOCALIZATION TECHNOLOGY IS USED IN MEDICAL DEVICES SUCH AS NASOGASTRIC INTUBATION, VENTRICULOSTOMY, NODES DETECTIONS, BLOOD CLOT DETECTION ETC.

BASED ON DEVICE TYPE, THE MAGNETIC LOCALIZATION SYSTEM MARKET IS SEGMENTED INTO RIGID AND FLEXIBLE MAGNETIC LOCALIZATION SYSTEM. AMONGST DEVICE TYPE, THE RIGID MAGNETIC LOCALIZATION SEGMENT WAS VALUED AT USD XX MILLION IN 2020 AND IS LIKELY TO REACH USD XX MILLION BY 2027 GROWING AT A CAGR OF XX% FROM 2021-2027. BASED ON APPLICATION, THE MAGNETIC LOCALIZATION SYSTEM MARKET IS SEGMENTED INTO ORTHOPAEDIC, ENDOSCOPY, DENTAL AND NEUROSURGERY. AMONGST APPLICATION, ENDOSCOPY ACCOUNTED FOR A MARKET VALUATION OF USD XX MILLION IN 2020. BASED ON END-USER, THE MARKET IS DIVIDED INTO HOSPITALS, AMBULATORY SURGICAL CENTERS, AND OTHERS. THE HOSPITALS SEGMENT GENERATED REVENUE OF USD XX MILLION IN 2020 AND IS EXPECTED TO GROW AT A CAGR OF XX% DURING THE FORECAST PERIOD TO REACH A MARKET VALUATION OF USD XX MILLION BY 2027F.

FOR A BETTER UNDERSTANDING OF THE DEVICE ADOPTION, THE REPORT PROVIDES DETAILED ANALYSIS FOR MAJOR REGIONS INCLUDING NORTH AMERICA (US, CANADA, AND REST OF NORTH AMERICA), EUROPE (GERMANY, FRANCE, ITALY, SPAIN, UK, AND REST OF EUROPE), ASIA-PACIFIC (CHINA, JAPAN, INDIA, AUSTRALIA, AND REST OF APAC), AND REST OF WORLD. NORTH AMERICA CONSTITUTES A MAJOR MARKET FOR THE MAGNETIC LOCALIZATION SYSTEM AND GENERATED REVENUE OF USD XX MILLION IN 2020. SOME OF THE MAJOR PLAYERS OPERATING IN THE MARKET MEDTRONIC, BRAINLAB, FIAGON AG MEDICAL TECHNOLOGIES, COLLIN SAS, ENDOMAGNETICS LTD, KARL STORZ, STRYKER, VERAN MEDICAL TECHNOLOGIES, SIRIUS MEDICAL BV, AND CIANNA MEDICAL.

Products


Companies

MEDTRONIC

BRAINLAB

FIAGON AG MEDICAL TECHNOLOGIES

COLLIN SAS

ENDOMAGNETICS LTD

KARL STORZ

STRYKER

VERAN MEDICAL TECHNOLOGIES

SIRIUS MEDICAL BV

AND CIANNA MEDICAL

Table of Contents

Table of Contents

1 MARKET INTRODUCTION

1.1. MARKET DEFINITIONS

1.2. OBJECTIVE OF THE STUDY

1.3. LIMITATION

1.4. STAKE HOLDERS

1.5. CURRENCY USED IN REPORT

1.6. SCOPE OF THE MAGNETIC LOCALIZATION SYSTEM MARKET STUDY

2 RESEARCH METHODOLOGY OR ASSUMPTION

2.1. RESEARCH METHODOLOGY FOR THE MAGNETIC LOCALIZATION SYSTEM MARKET

2.1.1. MAIN OBJECTIVE OF THE MAGNETIC LOCALIZATION SYSTEM MARKET

3 INDUSTRY PERFORMANCE

4 EXECUTIVE SUMMARY

5 COVID-19 IMPACT

6 MARKET INSIGHTS BY DEVICE TYPE

6.1. RIGID MAGNETIC LOCALIZATION SYSTEM

6.2. FLEXIBLE MAGNETIC LOCALIZATION SYSTEM

7 MARKET INSIGHTS BY APPLICATION

7.1. ORTHOPEDIC

7.2. ENDOSCOPY

7.3. DENTAL

7.4. NEUROSURGERY

8 MARKET INSIGHTS BY END-USER

8.1. HOSPITALS

8.2. AMBULATORY SURGICAL CENTERS

8.3. OTHERS

9 MARKET INSIGHTS BY REGION

9.1. NORTH AMERICA MAGNETIC LOCALIZATION SYSTEM MARKET

9.1.1. UNITED STATES

9.1.2. CANADA

9.1.3. REST OF NORTH AMERICA

9.2 EUROPE MAGNETIC LOCALIZATION SYSTEM MARKET

9.2.1. UNITED KINGDOM

9.2.2. GERMANY

9.2.3. FRANCE

9.2.4. SPAIN

9.2.5. ITALY

9.2.6. REST OF EUROPE

9.3. ASIA-PACIFIC MAGNETIC LOCALIZATION SYSTEM MARKET

9.3.1. CHINA

9.3.2. JAPAN

9.3.3. INDIA

9.3.4. AUSTRALIA

9.3.5. REST OF ASIA-PACIFIC

9.4. REST OF THE WORLD MAGNETIC LOCALIZATION SYSTEM MARKET

10 LEGAL AND REGULATORY FRAMEWORK

11 DEMAND AND SUPPLY SIDE ANALYSIS

11.1. DEMAND SIDE ANALYSIS

11.2. SUPPLY SIDE ANALYSIS

11.2.1. TOP PRODUCT LAUNCHES

11.2.2. TOP BUSINESS PARTNERSHIPS

11.2.3. TOP BUSINESS EXPANSIONS, INVESTMENTS AND DIVESTITURES

11.2.4. TOP MERGER AND ACQUISITIONS

12 VALUE CHAIN ANALYSIS

13 MAGNETIC LOCALIZATION SYSTEM MARKET TRENDS & INSIGHTS

14 MAGNETIC LOCALIZATION SYSTEM MARKET DYNAMICS

14.1. DRIVERS

14.2. CHALLENGES

14.3. IMPACT ANALYSIS

14.4. OPPORTUNITY

15 COMPETITIVE SCENARIO

15.1. MAGNETIC LOCALIZATION SYSTEM MARKET SHARE, BY COMPANY 2020

16 COMPANY PROFILED

16.1. MEDTRONIC

16.2. BRAINLAB

16.3. FIAGON AG MEDICAL TECHNOLOGIES

16.4. COLLIN SAS

16.5. ENDOMAGNETICS LTD

16.6. KARL STORZ

16.7. STRYKER

16.8. VERAN MEDICAL TECHNOLOGIES

16.9. SIRIUS MEDICAL BV

16.10. CIANNA MEDICAL

17 DISCLAIMER

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