Impact of COVID-19 on Next-generation Visualization and Navigations Systems Market
The growing concern of surgical errors is the predominant reason for the development of advanced visualization and navigation devices, with a motive to aid physicians in complex surgeries. Due to the enforcement of regulations mandating the requirement of visualization and navigation systems in complex surgeries, the market witnessed an impressive annual average growth rate of 16.43% in the past two years (2018-2020). However, what started as an outbreak in China at the end of 2019, the COVID-19, has completely shifted the course of surgical visualization and navigation technologies and resulted in a massive negative impact on the adoption of next-generation navigation and visualizations devices.
The growing concern of surgical errors is the predominant reason for the development of advanced visualization and navigation devices, with a motive to aid physicians in complex surgeries. Due to the enforcement of regulations mandating the requirement of visualization and navigation systems in complex surgeries, the market witnessed an impressive annual average growth rate of 16.43% in the past two years (2018-2020). However, what started as an outbreak in China at the end of 2019, the COVID-19, has completely shifted the course of surgical visualization and navigation technologies and resulted in a massive negative impact on the adoption of next-generation navigation and visualizations devices.