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Global Orthopedic Surgical Robots Market Insights, Forecast to 2025
Published Date: December 2019
|
Report Code: QYRE-Auto-1T748
Home | Category |Health |Medical Devices & Equipment
orthopedic surgical robots market

Global Orthopedic Surgical Robots Market Insights, Forecast to 2025

Code: QYRE-Auto-1T748
Report
December 2019
116 Pages
QYResearch
Region: Global,
Description
Table of Content
Tables & Figures

GLOBAL ORTHOPEDIC SURGICAL ROBOTS MARKET

 

The global market for Orthopedic Surgical Robots is estimated at US$ 985 million in 2018, growing at a CAGR of 12.28%  percent in 2019-2025.

In the orthopedic medical industry, orthopedic surgical robots have created a revolution. These machines allow the surgeons to perform the most accurate and efficient procedures. They are superior to traditional orthopedic techniques and are highly reliable. The orthopedic surgical robots were increasingly adopted throughout the world in 2019. 

In traditional techniques, the rise in musculoskeletal diseases and constraints are said to be the driving factors for the growth of the global orthopedic surgical robot industry. Such robots can be used among several other procedures in spine and knee replacement surgeries. However, hospitals and individuals favor minimally invasive procedures as they cause less pain, which is another reason for this market's growth. Increasing injuries and dropping among the younger population causes trauma spinal injury, driving the industry of orthopedic surgical robots.

 

TRENDS INFLUENCING THE ORTHOPEDIC SURGICAL ROBOTS MARKET 

  • Consistent advancements in the technology for orthopedic surgical robots
  • Availability of orthopedic surgical robots across the globe
  • Increase in government funding 
  • Raising investments by manufacturers for the development of orthopedic surgical robots 

 

REGION WISE ORTHOPEDIC SURGICAL ROBOTS MARKET 

  • North America holds the largest market share due to enhanced health care infrastructure, educated population and improved affordability, as well as increased acceptance of knee, hip and spine-related surgery robotic systems in the region. 
  • Europe follows closely as there is a high percentage of the elderly population needing bone-related procedures.
  • Due to the growing population and a steep increase in injuries and drops in the area, Asia-Pacific is also seen as a good market for the orthopedic surgical robot industry.

 

The following manufacturers are covered in this report, with sales, revenue, market share for each company:

  • Stryker
  • Omni
  • Smith & Nephew
  • Johnson & Johnson
  • Think Surgical
  • Zimmer Biomet
  • Wright Medical Technology
  • Shenzhen Advanced Institute Spinal Surgical Robot

 

Orthopedic Surgical Robots Market size by Product

  • Operating Robotics
  • CNC Robotics
  • Other

 

Orthopedic Surgical Robots Market size by End User

  • Knee Surgery
  • Hip Surgery
  • Other

 

Orthopedic Surgical Robots Market size by Region

  • North America
      • United States
      • Canada
      • Mexico
  • Asia-Pacific
      • China
      • India
      • Japan
      • South Korea
      • Australia
      • Indonesia
      • Singapore
      • Malaysia
      • Philippines
      • Thailand
      • Vietnam
  • Europe
      • Germany
      • France
      • UK
      • Italy
      • Spain
      • Russia
  • Central & South America
      • Brazil
      • Rest of Central & South America
  • Middle East & Africa
    • GCC Countries
    • Turkey
    • Egypt
    • South Africa

 

The study objectives of this report are:

  • To study and analyze the global Orthopedic Surgical Robots market size (value & volume) by company, key regions, products and end user, breakdown data from 2013 to 2017, and forecast to 2025.
  • To understand the structure of Orthopedic Surgical Robots market by identifying its various subsegments.
  • To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
  • Focuses on the key global Orthopedic Surgical Robots companies, to define, describe and analyze the sales volume, value, market share, market competition landscape and recent development.
  • To project the value and sales volume of Orthopedic Surgical Robots submarkets, with respect to key regions.
  • To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

 

In this study, the years considered to estimate the market size of Orthopedic Surgical Robots are as follows:

  • History Year: 2013-2017
  • Base Year: 2017
  • Estimated Year: 2018
  • Forecast Year 2018 to 2025

This report includes the estimation of market size for value (million US$) and volume (Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Orthopedic Surgical Robots market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.

For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

 

GLOBAL ORTHOPEDIC SURGICAL ROBOTS MARKET

 

The global market for Orthopedic Surgical Robots is estimated at US$ 985 million in 2018, growing at a CAGR of 12.28%  percent in 2019-2025.

In the orthopedic medical industry, orthopedic surgical robots have created a revolution. These machines allow the surgeons to perform the most accurate and efficient procedures. They are superior to traditional orthopedic techniques and are highly reliable. The orthopedic surgical robots were increasingly adopted throughout the world in 2019. 

In traditional techniques, the rise in musculoskeletal diseases and constraints are said to be the driving factors for the growth of the global orthopedic surgical robot industry. Such robots can be used among several other procedures in spine and knee replacement surgeries. However, hospitals and individuals favor minimally invasive procedures as they cause less pain, which is another reason for this market's growth. Increasing injuries and dropping among the younger population causes trauma spinal injury, driving the industry of orthopedic surgical robots.

 

TRENDS INFLUENCING THE ORTHOPEDIC SURGICAL ROBOTS MARKET 

  • Consistent advancements in the technology for orthopedic surgical robots
  • Availability of orthopedic surgical robots across the globe
  • Increase in government funding 
  • Raising investments by manufacturers for the development of orthopedic surgical robots 

 

REGION WISE ORTHOPEDIC SURGICAL ROBOTS MARKET 

  • North America holds the largest market share due to enhanced health care infrastructure, educated population and improved affordability, as well as increased acceptance of knee, hip and spine-related surgery robotic systems in the region. 
  • Europe follows closely as there is a high percentage of the elderly population needing bone-related procedures.
  • Due to the growing population and a steep increase in injuries and drops in the area, Asia-Pacific is also seen as a good market for the orthopedic surgical robot industry.

 

The following manufacturers are covered in this report, with sales, revenue, market share for each company:

  • Stryker
  • Omni
  • Smith & Nephew
  • Johnson & Johnson
  • Think Surgical
  • Zimmer Biomet
  • Wright Medical Technology
  • Shenzhen Advanced Institute Spinal Surgical Robot

 

Orthopedic Surgical Robots Market size by Product

  • Operating Robotics
  • CNC Robotics
  • Other

 

Orthopedic Surgical Robots Market size by End User

  • Knee Surgery
  • Hip Surgery
  • Other

 

Orthopedic Surgical Robots Market size by Region

  • North America
      • United States
      • Canada
      • Mexico
  • Asia-Pacific
      • China
      • India
      • Japan
      • South Korea
      • Australia
      • Indonesia
      • Singapore
      • Malaysia
      • Philippines
      • Thailand
      • Vietnam
  • Europe
      • Germany
      • France
      • UK
      • Italy
      • Spain
      • Russia
  • Central & South America
      • Brazil
      • Rest of Central & South America
  • Middle East & Africa
    • GCC Countries
    • Turkey
    • Egypt
    • South Africa

 

The study objectives of this report are:

  • To study and analyze the global Orthopedic Surgical Robots market size (value & volume) by company, key regions, products and end user, breakdown data from 2013 to 2017, and forecast to 2025.
  • To understand the structure of Orthopedic Surgical Robots market by identifying its various subsegments.
  • To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
  • Focuses on the key global Orthopedic Surgical Robots companies, to define, describe and analyze the sales volume, value, market share, market competition landscape and recent development.
  • To project the value and sales volume of Orthopedic Surgical Robots submarkets, with respect to key regions.
  • To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

 

In this study, the years considered to estimate the market size of Orthopedic Surgical Robots are as follows:

  • History Year: 2013-2017
  • Base Year: 2017
  • Estimated Year: 2018
  • Forecast Year 2018 to 2025

This report includes the estimation of market size for value (million US$) and volume (Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Orthopedic Surgical Robots market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.

For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

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