Market Overview:
The global orthopedic surgical navigation systems market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing incidence of musculoskeletal disorders, rising demand for minimally invasive surgeries, and technological advancements in surgical navigation systems. Based on type, the global orthopedic surgical navigation systems market is segmented into fully automatic and semi-automatic systems. The fully automatic segment is expected to account for a larger share of the market than the semi-automatic segment during the forecast period. This can be attributed to its advantages such as ease of use and accuracy over manual procedures. Based on application, the global orthopedic surgical navigation systems market is divided into operation analysis and operation tests segments.
Product Definition:
An orthopedic surgical navigation system is a medical device that uses electromagnetic tracking technology to help surgeons navigate bones and organs during surgery. Orthopedic surgical navigation systems are used to improve accuracy and precision during surgery, which can lead to better patient outcomes.
Fully Automatic:
Fully automatic orthopedic surgical navigation systems are expected to grow at a lucrative rate during the forecast period. The growth of this market is attributed to factors such as increasing geriatric population, rising prevalence of osteoarthritis and obesity, technological advancements in medical devices industry and government initiatives for creating awareness about arthritis care management.
Semi-Automatic:
Semi-automatic systems are used in orthopedic surgical navigation systems to provide the surgeon with sufficient tools for a successful surgery. These devices assist the surgeons by providing them with all the necessary information required during surgery, which includes image guidance along with 3D visualization of anatomical structures and tissues.
These devices have gained popularity due to their ability to perform complex procedures efficiently without any risk of human error.
Application Insights:
The operation analysis segment dominated the global market in 2017. This can be attributed to a rise in number of total knee replacement procedures and total hip replacement procedures. According to the American Academy of Orthopedic Surgeons (AAOS), as of January 2018, there were nearly 2 million total knee replacement surgeries performed annually in U.S., which is expected to increase by around 20% from 2017 to 2022.
On the other hand, according to National Center for Biotechnology Information (NCBI) article published on March 31st 2015, there were over 1 billion orthopedic surgeries performed globally every year between 1995 and 2010 inclusive, with nearly 86% being hip or joint replacements and 14% being knee replacements respectively.
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to the presence of well-established healthcare facilities, high adoption rate of advanced technologies, and availability of highly skilled orthopedic surgeons. Moreover, increasing number of road accidents is boosting the demand for joint replacement surgeries in this region. According to a study published by American Association for Surgery of Trauma (AAST), U.S.
Asia Pacific is expected to witness lucrative growth during the forecast period owing to rising geriatric population coupled with growing disposable income especially in developing countries such as China.
Growth Factors:
- Increasing incidence of orthopedic diseases and disorders: The global orthopedic surgical navigation systems market is expected to grow at a CAGR of over 7% during the forecast period owing to the increasing incidence of orthopedic diseases and disorders. According to the World Health Organization, musculoskeletal conditions are one of the leading causes of disability worldwide. This is anticipated to boost demand for orthopedic surgical navigation systems in the coming years.
- Rising geriatric population: The global geriatric population is growing at a rapid pace and this is expected to drive growth in the Orthopedic Surgical Navigation Systems market as elderly people are more susceptible to developing orthopedic problems. In addition, technological advancements in surgical navigation systems are aiding surgeons in providing better treatment outcomes for elderly patients, thereby propelling market growth.
- Growing demand for minimally invasive surgeries: Minimally invasive surgeries have gained popularity over traditional open surgeries due to their many benefits such as reduced pain, shorter hospital stays, and faster recovery times. This has led to an increase in adoption rates of minimally invasive procedures which is benefiting the Orthopedic Surgical Navigation Systems market as these devices are used extensively during such surgeries.
Scope Of The Report
Report Attributes
Report Details
Report Title
Orthopedic Surgical Navigation Systems Market Research Report
By Type
Fully Automatic, Semi-Automatic
By Application
Operation Analysis, Operation Tests
By Companies
B. Braun, Brainlab, Medtronic, Stryker, CAScination, CONMED Corporation, Exactech, Fiagon, GE Healthcare, Globus Medical, KARL STORZ, MicroPort Medical (MicroPort Scientific, NuVasive, Siemens Healthineers, Smith & Nephew, Wright Medical Group, Zimmer Biomet
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
231
Number of Tables & Figures
162
Customization Available
Yes, the report can be customized as per your need.
Global Orthopedic Surgical Navigation Systems Market Report Segments:
The global Orthopedic Surgical Navigation Systems market is segmented on the basis of:
Types
Fully Automatic, Semi-Automatic
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Operation Analysis, Operation Tests
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- B. Braun
- Brainlab
- Medtronic
- Stryker
- CAScination
- CONMED Corporation
- Exactech
- Fiagon
- GE Healthcare
- Globus Medical
- KARL STORZ
- MicroPort Medical (MicroPort Scientific
- NuVasive
- Siemens Healthineers
- Smith & Nephew
- Wright Medical Group
- Zimmer Biomet
Highlights of The Orthopedic Surgical Navigation Systems Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Fully Automatic
- Semi-Automatic
- By Application:
- Operation Analysis
- Operation Tests
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Orthopedic Surgical Navigation Systems Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Orthopedic surgical navigation systems are a type of medical device that help surgeons navigate through complex body structures. These devices use sensors to track the position and movement of various parts of the body, which can then be used to provide real-time guidance during surgery. Orthopedic surgical navigation systems may also include features that allow doctors to view images from inside the patient's body, allowing for more accurate and efficient surgeries.
Some of the key players operating in the orthopedic surgical navigation systems market are B. Braun, Brainlab, Medtronic, Stryker, CAScination, CONMED Corporation, Exactech, Fiagon, GE Healthcare, Globus Medical, KARL STORZ, MicroPort Medical (MicroPort Scientific, NuVasive, Siemens Healthineers, Smith & Nephew, Wright Medical Group, Zimmer Biomet.
The orthopedic surgical navigation systems market is expected to grow at a compound annual growth rate of 7.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Orthopedic Surgical Navigation Systems Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Orthopedic Surgical Navigation Systems Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Orthopedic Surgical Navigation Systems Market - Supply Chain
4.5. Global Orthopedic Surgical Navigation Systems Market Forecast
4.5.1. Orthopedic Surgical Navigation Systems Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Orthopedic Surgical Navigation Systems Market Size (000 Units) and Y-o-Y Growth
4.5.3. Orthopedic Surgical Navigation Systems Market Absolute $ Opportunity
5. Global Orthopedic Surgical Navigation Systems Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Orthopedic Surgical Navigation Systems Market Size and Volume Forecast by Type
5.3.1. Fully Automatic
5.3.2. Semi-Automatic
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Orthopedic Surgical Navigation Systems Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Orthopedic Surgical Navigation Systems Market Size and Volume Forecast by Application
6.3.1. Operation Analysis
6.3.2. Operation Tests
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Orthopedic Surgical Navigation Systems Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Orthopedic Surgical Navigation Systems Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Orthopedic Surgical Navigation Systems Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Orthopedic Surgical Navigation Systems Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Orthopedic Surgical Navigation Systems Demand Share Forecast, 2019-2026
9. North America Orthopedic Surgical Navigation Systems Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Orthopedic Surgical Navigation Systems Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Orthopedic Surgical Navigation Systems Market Size and Volume Forecast by Application
9.4.1. Operation Analysis
9.4.2. Operation Tests
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Orthopedic Surgical Navigation Systems Market Size and Volume Forecast by Type
9.7.1. Fully Automatic
9.7.2. Semi-Automatic
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Orthopedic Surgical Navigation Systems Demand Share Forecast, 2019-2026
10. Latin America Orthopedic Surgical Navigation Systems Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Orthopedic Surgical Navigation Systems Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Orthopedic Surgical Navigation Systems Market Size and Volume Forecast by Application
10.4.1. Operation Analysis
10.4.2. Operation Tests
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Orthopedic Surgical Navigation Systems Market Size and Volume Forecast by Type
10.7.1. Fully Automatic
10.7.2. Semi-Automatic
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Orthopedic Surgical Navigation Systems Demand Share Forecast, 2019-2026
11. Europe Orthopedic Surgical Navigation Systems Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Orthopedic Surgical Navigation Systems Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Orthopedic Surgical Navigation Systems Market Size and Volume Forecast by Application
11.4.1. Operation Analysis
11.4.2. Operation Tests
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Orthopedic Surgical Navigation Systems Market Size and Volume Forecast by Type
11.7.1. Fully Automatic
11.7.2. Semi-Automatic
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Orthopedic Surgical Navigation Systems Demand Share, 2019-2026
12. Asia Pacific Orthopedic Surgical Navigation Systems Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Orthopedic Surgical Navigation Systems Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Orthopedic Surgical Navigation Systems Market Size and Volume Forecast by Application
12.4.1. Operation Analysis
12.4.2. Operation Tests
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Orthopedic Surgical Navigation Systems Market Size and Volume Forecast by Type
12.7.1. Fully Automatic
12.7.2. Semi-Automatic
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Orthopedic Surgical Navigation Systems Demand Share, 2019-2026
13. Middle East & Africa Orthopedic Surgical Navigation Systems Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Orthopedic Surgical Navigation Systems Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Orthopedic Surgical Navigation Systems Market Size and Volume Forecast by Application
13.4.1. Operation Analysis
13.4.2. Operation Tests
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Orthopedic Surgical Navigation Systems Market Size and Volume Forecast by Type
13.7.1. Fully Automatic
13.7.2. Semi-Automatic
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Orthopedic Surgical Navigation Systems Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Orthopedic Surgical Navigation Systems Market: Market Share Analysis
14.2. Orthopedic Surgical Navigation Systems Distributors and Customers
14.3. Orthopedic Surgical Navigation Systems Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. B. Braun
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Brainlab
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Medtronic
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Stryker
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. CAScination
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. CONMED Corporation
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Exactech
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Fiagon
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. GE Healthcare
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Globus Medical
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. KARL STORZ
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. MicroPort Medical (MicroPort Scientific
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. NuVasive
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Siemens Healthineers
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Smith & Nephew
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Wright Medical Group
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Zimmer Biomet
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
