The Rising Prevalence of Arthritis and Hip Replacement accelerating the Adoption of Orthopedic Navigation Systems

Published: Feb 2022

The global orthopedic navigation systems market is anticipated to grow at a considerable CAGR of 14.3% during the forecast period. The increasing geriatric population who has a high chance of getting arthritis and other orthopedic conditions is also considerably high that boosts the orthopedic navigation systems market. For instance, as per the 2020 edition of Arthritis by the numbers published by the Arthritis Foundation, 92.1 million adults either have doctor-diagnosed arthritis or report joint symptoms consistently with a diagnosis of arthritis. Additionally, the article states that between 2010 and 2020, the primary total hip replacement market is anticipated to increase by 75%, and more than 50% of total hip replacements will be performed in patients younger than 65 by 2030.

Browse the full report description of “Global Orthopaedic navigation systems Market Size, Share & Trends Analysis Report by Technology (Electromagnetic Localizers, Optical Tracking, Fluoroscopy, and Others), By Application (Knee surgery, Spine surgery, Hip surgery, and Others), By End-use Industry (Hospitals, and Ambulatory surgical centers) Forecast Period 2022-2028” at https://www.omrglobal.com/industry-reports/orthopaedic-navigation-systems-market

Rising acquisitions, product approval, collaborations among the major players in the market also propel the growth of the market. For instance, in November 2021, Smith+Nephew the global medical technology business announced the launch of CORI handheld robotics, an advanced system for both total and partial knee arthroplasties. The CORI system combines a 3-D intra-operative imaging system with an advanced robotic sculpting tool in a compact and fully mobile5 solution. The robotic system enables surgeons to measure, plan, and conduct knee surgery in the surgery room that is tailored to the patient's unique anatomy.

Market Coverage

The market number available for – 2021-2028

Base year- 2021

Forecast period- 2022-2028

Segment Covered- 

o By Technology

o By Application

o By End-use industry

Regions Covered

o North America

o Europe

o Asia-Pacific

o Rest of the World

Competitive Landscape- B. Braun Melsungen AG, Stryker Corp, Medtronic plc, Smith+Nephew, Zimmer Biomet, and Others.

Key questions addressed by the report

What is the market growth rate?

Which segment and region dominate the market in the base year?

Which segment and region will project the fastest growth in the market?

How COVID-19 impacted the market?

o Deviation from the pre-COVID-19 forecast

o Most affected region and segment

Who is the leader in the market?

How players are addressing challenges to sustain growth?

Where is the investment opportunity?

Global Orthopaedic Navigation Systems Market Report by Segment

By Technology

Electromagnetic Localizers

Optical Tracking

Fluoroscopy

Others (MRI)

By Application

Knee surgery

Spine surgery

Hip surgery

Others 

By End-use Industry

Hospitals

Ambulatory surgical centers

Global Orthopaedic Navigation Systems Market Report by Region

North America

United States

Canada

Europe

UK

Germany

Italy

Spain

France

Rest of Europe 

Asia-Pacific

China

India

Japan

South Korea

Rest of Asia-Pacific 

Rest of the World

Latin America 

Middle East & Africa

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