The Global Electromagnetic Tracking Systems Market is expected to grow with the CAGR of 10.4% in the forecast period of 2023 to 2030. The years considered for study are as mentioned below.
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The global electromagnetic tracking systems market is a highly consolidated market, which includes specific number of key players. The market has witnessed increased strategic developments owing to favorable market scenario.
Some of the major players in the global electromagnetic tracking systems market are introducing a wide range of products and adopting strategic initiatives such as acquisitions, agreements, business expansions, and awards and recognitions into the market. These help the companies maximize their sales with enhanced product portfolio.
For instance:
- In February 2020, Polhemus announced that the company has release VIPER, a break-through product for the motion tracking industry. This provides up to 16 separate tracking points, and taps proprietary smart sensing technology that’s never been possible before. This results in enhancing the productivity via special features, which is capable of tracking through walls, people, and objects.
TT Electronics is the dominating player in the global electromagnetic tracking systems market. The other key players existing in the 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, among others.
TT Electronics
TT Electronics was founded in 1908 and is headquartered in Woking, U.K. The company is focused on providing design-led, advanced electronics technologies for performance critical applications in specialized markets. The company has several product categories, including Powers,Sensors, Passive Components , Manufacturing Services, and Connectivity and Interface out of which Powers, and Connectivity and Interface is the market focused category.
For instance,
- In September 2022, TT Electronics has announced the launch of TFHP Series thin film high power chip resistors. TFHP series thin film high power chip resistors are optimized for precision power supply, power amplifier, and process control applications, which all benefit from the enhanced heat transfer from element to terminals of this specialist design. This results in enhancing the product portfolio of the company.
The company has a wide presence across North America, South America, Europe, Asia-Pacific and Middle East and Africa.
Northern Digital Inc.
Northern Digital Inc. was founded in 1981 and is headquartered in Ontario, Canada. The company is focused on developing new approaches to bring navigation technology to the systems and application workflows. The company has several product categories, including Optical Measurement, Electromagnetic Tracking, Passive Marker Spheres, Radix Lens, Software and Legacy Products. Out of which Electromagnetic Tracking is the market focused category.
For instance,
- In June 2021, Northern Digital Inc. has announced the release of its new software platform for Polaris And Aurora Tool Definition And Characterization: Cygna-6D. This results in improving the ease and flexibility of Polaris and Aurora tool definition and characterization processes. Moreover, users can now digitize individual tool points via a tracked probe. They can even define a local coordinate system via a reference tool as well as visualize 3D models of tools.
The company has presence in North America, Europe and Asia-Pacific.
Amfitech ApS
Amfitech ApS is headquartered in Vejle,Denmark. The company is focused on electronics development that manufacture innovative product and technology development. The company has several product categories, including AmfiTrack electromagnetic (EMF) tracking system and AmfiTrack Gen2 out of which AmfiTrack electromagnetic (EMF) tracking system and AmfiTrack Gen2 is the market focused category.
For instance,
- In November 2021, Amfitech ApS has announced the launch of Generation 2.0 of the Electromagnetic Motion Tracking System AmfiTrack with Built-in PREMO Magnetic Sensors. This results in bringing improvements in performance and use as the system includes several hardware and firmware updates
The company has a presence in Europe.
