The global Orthopedic Navigation Systems market accrued earnings worth approximately 2.1(USD Billion) in 2020 and is predicted to gain revenue of about 7.3 (USD Billion) by 2028, is set to record a CAGR of nearly 14.7% over the period from 2021 to 2028.
The global Orthopedic Navigation Systems market accrued earnings worth approximately 2.1(USD Billion) in 2020 and is predicted to gain revenue of about 7.3 (USD Billion) by 2028, is set to record a CAGR of nearly 14.7% over the period from 2021 to 2028. The report offers assessment and analysis of the Orthopedic Navigation Systems market on a global and regional level. The study offers a comprehensive assessment of the market competition, constraints, revenue estimates, opportunities, evolving trends, and industry-validated data. The report provides historical data from 2018 to 2020 along with a forecast from 2021 to 2028 based on revenue (USD Billion).
Report Scope :
Report Attribute | Details |
---|---|
Base Year | 2020 |
Historic Years | 2016 - 2020 |
Forecast Years | 2021 - 2028 |
Segments Covered | By Product Type, By Application, and By End Use |
Forecast Units | Value (USD Billion), and Volume (Units) |
Quantitative Units | Revenue in USD million/billion and CAGR from 2021 to 2028 |
Regions Covered | North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World |
Countries Covered | U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others |
Number of Companies Covered | 10 companies with scope for including additional 15 companies upon request |
Report Coverage | Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis. |
Customization Scope | Avail customized purchase options to meet your exact research needs. |
Orthopedic Navigation Systems Market: Overview
Orthopedic navigation systems are developed for examining pre, intra, and post-operative data in many modalities. Furthermore, these systems provide an augmented reality 3D visualizing environment in healthcare industry, thereby enhancing medical outcomes of surgical orthopedic methods. Rise in orthopedic conditions and surge in number of patients affected due to rheumatoid arthritis, osteoporosis, ligamentous knee injuries, rheumatoid arthritis, and osteoarthritis will translate into humungous demand for orthopedic navigation systems in coming years.
Earlier, orthopedic navigation systems were utilized for enhancing efficacy of pedicle screw insertion. However, these tools have gained wide recognition in orthopedic domain of healthcare sector and are prominently used in treatment of spine injuries, reconstructive hip & knee injuries, trauma, sports injuries, and tumor surgeries. Orthopedic navigation systems provide real-time feedback to physicians and thus help in improving postoperative outcomes.
Orthopedic Navigation Systems Market: Growth Factors
A prominent surge in acceptance of minimally invasive surgeries along with rise in orthopedic & neuro disorders will proliferate growth of orthopedic navigation systems industry in years ahead. With a steep increase in lifespan of individuals, there is a prominent surge in aging populace and this has resulted in huge demand for orthopedic navigations systems as old persons are more likely to suffer from bone & ligament disorders. This, in turn, will drive industry trends. In addition to this, surge in cases of joint reconstruction and awareness about the benefits offered by orthopedic navigation systems to patients will impel scope of growth for orthopedic navigation systems market in near future.
Furthermore, rise in healthcare spending and growing disorders of musculoskeletal systems has generated huge demand for orthopedic navigation systems. Nevertheless, huge costs of orthopedic navigation systems as well as large number of product recalls may hinder growth of orthopedic navigation systems business in foreseeable future.
Regional Landscape
North America Market To Register Massive Growth By 2028
The regional market growth during forecast period is credited to easy availability of strong infrastructure facility along with escalating awareness about benefits of orthopedic navigation systems in patients. Apart from this, supportive government schemes favoring use of orthopedic navigation systems will culminate into huge market growth in region during forecast period. Additionally, presence of established manufacturers & vendors and favorable health insurance & compensation policies will proliferate regional market size.
Competitive Landscape
Key participants profiled in report and impacting business space are Zimmer Biomet, Johnson & Johnson Services, Inc., Medtronic Corporation, Stryker Corporation, B. Braun Melsungen AG, Kinamed, Inc., OrthAlign, Globus Medical, and Amplitude Surgical.
The global Orthopedic Navigation Systems Market is segmented as follows:
By Technology
By Application
By Region
List of Figures
1. Market research Type
2. Market research methodology
3. Global Orthopedic Navigation Systems Market, 2018–2028(USD Billion)
4. Porter’s Five Forces Analysis
5. Global Orthopedic Navigation Systems Marketattractiveness, By Technology
6. Global Orthopedic Navigation Systems Marketattractiveness, By Application
7. Global Orthopedic Navigation Systems Marketshare by Technology ,2020 and 2028 (USD Billion)
8. Global Orthopedic Navigation Systems Marketby Electromagnetic, 2018–2028(USD Billion)
9. Global Orthopedic Navigation Systems Marketby Optical, 2018–2028(USD Billion)
10. Global Orthopedic Navigation Systems Marketby Radiography, 2018–2028(USD Billion)
11. Global Orthopedic Navigation Systems Marketshare by Application ,2020 and 2028 (USD Billion)
12. Global Orthopedic Navigation Systems Marketby Knee Surgery , 2018–2028(USD Billion)
13. Global Orthopedic Navigation Systems Marketby Spine Surgery, 2018–2028(USD Billion)
14. Global Orthopedic Navigation Systems Marketby Hip Surgery, 2018–2028(USD Billion)
15. Global Orthopedic Navigation Systems Marketshare, by Region, 2020 and 2028
16. North America Orthopedic Navigation Systems Market, 2018–2028(USD Billion)
17. Europe Orthopedic Navigation Systems Market, 2018–2028(USD Billion)
18. Asia Pacific Orthopedic Navigation Systems Market, 2018–2028(USD Billion)
19. Latin America Orthopedic Navigation Systems Market, 2018–2028(USD Billion)
20. The Middle East and Africa Orthopedic Navigation Systems Market, 2018–2028(USD Billion)
List of Tables
1. Global Orthopedic Navigation Systems Market: snapshot
2. Drivers of the Orthopedic Navigation Systems Market: impact analysis
3. North America Orthopedic Navigation Systems Market revenue, By Technology ,2018–2028(USD Billion)
4. North America Orthopedic Navigation Systems Market revenue, By Application ,2018–2028(USD Billion)
5. The U.S. Orthopedic Navigation Systems Market revenue, By Technology ,2018–2028(USD Billion)
6. The U.S. Orthopedic Navigation Systems Market revenue, By Application ,2018–2028(USD Billion)
7. Rest of North America Orthopedic Navigation Systems Market revenue, By Technology ,2018–2028(USD Billion)
8. Rest of North America Orthopedic Navigation Systems Market revenue, By Application ,2018–2028(USD Billion)
9. Europe Orthopedic Navigation Systems Market revenue, By Technology ,2018–2028(USD Billion)
10. Europe Orthopedic Navigation Systems Market revenue, By Application ,2018–2028(USD Billion)
11. UK Orthopedic Navigation Systems Market revenue, By Technology ,2018–2028(USD Billion)
12. UK Orthopedic Navigation Systems Market revenue, By Application ,2018–2028(USD Billion)
13. France Orthopedic Navigation Systems Market revenue, By Technology ,2018–2028(USD Billion)
14. France Orthopedic Navigation Systems Market revenue, By Application ,2018–2028(USD Billion)
15. Germany Orthopedic Navigation Systems Market revenue, By Technology ,2018–2028(USD Billion)
16. Germany Orthopedic Navigation Systems Market revenue, By Application ,2018–2028(USD Billion)
17. Rest of Europe Orthopedic Navigation Systems Market revenue, By Technology ,2018–2028(USD Billion)
18. Rest of Europe Orthopedic Navigation Systems Market revenue, By Application ,2018–2028(USD Billion)
19. Asia Pacific Orthopedic Navigation Systems Market revenue, By Technology ,2018–2028(USD Billion)
20. Asia Pacific Orthopedic Navigation Systems Market revenue, By Application ,2018–2028(USD Billion)
21. China Orthopedic Navigation Systems Market revenue, By Technology ,2018–2028(USD Billion)
22. China Orthopedic Navigation Systems Market revenue, By Application ,2018–2028(USD Billion)
23. Japan Orthopedic Navigation Systems Market revenue, By Technology ,2018–2028(USD Billion)
24. Japan Orthopedic Navigation Systems Market revenue, By Application ,2018–2028(USD Billion)
25. India Orthopedic Navigation Systems Market revenue, By Technology ,2018–2028(USD Billion)
26. India Orthopedic Navigation Systems Market revenue, By Application ,2018–2028(USD Billion)
27. Rest of Asia Pacific Orthopedic Navigation Systems Market revenue, By Technology ,2018–2028(USD Billion)
28. Rest of Asia Pacific Orthopedic Navigation Systems Market revenue, By Application ,2018–2028(USD Billion)
29. Latin America Orthopedic Navigation Systems Market revenue, By Technology ,2018–2028(USD Billion)
30. Latin America Orthopedic Navigation Systems Market revenue, By Application ,2018–2028(USD Billion)
31. Brazil Orthopedic Navigation Systems Market revenue, By Technology ,2018–2028(USD Billion)
32. Brazil Orthopedic Navigation Systems Market revenue, By Application ,2018–2028(USD Billion)
33. Rest of Latin America Orthopedic Navigation Systems Market revenue, By Technology ,2018–2028(USD Billion)
34. Rest of Latin America Orthopedic Navigation Systems Market revenue, By Application ,2018–2028(USD Billion)
35. The Middle East and Africa Orthopedic Navigation Systems Market revenue, By Technology ,2018–2028(USD Billion)
36. The Middle East and Africa Orthopedic Navigation Systems Market revenue, By Application ,2018–2028(USD Billion)
37. Saudi Arabia Orthopedic Navigation Systems Market revenue, By Technology ,2018–2028(USD Billion)
38. Saudi Arabia Orthopedic Navigation Systems Market revenue, By Application ,2018–2028(USD Billion)
39. South Africa Orthopedic Navigation Systems Market revenue, By Technology ,2018–2028(USD Billion)
40. South Africa Orthopedic Navigation Systems Market revenue, By Application ,2018–2028(USD Billion)
41. Rest of the Middle East & Africa Orthopedic Navigation Systems Market revenue, By Technology ,2018–2028(USD Billion)
42. Rest of the Middle East & Africa Orthopedic Navigation Systems Market revenue, By Application ,2018–2028(USD Billion)
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A prominent surge in acceptance of minimally invasive surgeries along with rise in orthopedic & neuro disorders will proliferate growth of orthopedic navigation systems industry in years ahead. With a steep increase in lifespan of individuals, there is a prominent surge in aging populace and this has resulted in huge demand for orthopedic navigations systems as old persons are more likely to suffer from bone & ligament disorders. This, in turn, will drive industry trends. In addition to this, surge in cases of joint reconstruction and awareness about the benefits offered by orthopedic navigation systems to patients will impel scope of growth for orthopedic navigation systems market in near future.
Furthermore, rise in healthcare spending and growing disorders of musculoskeletal systems has generated huge demand for orthopedic navigation systems.
According to Zion market research report, the global Orthopedic Navigation Systems market accrued earnings worth approximately 2.1(USD Billion) in 2020 and is predicted to gain revenue of about 7.3 (USD Billion) by 2028, is set to record a CAGR of nearly 14.7% over the period from 2021 to 2028.
North America will contribute lucratively towards the global market size over the estimated timeline. The regional market surge is due to easy availability of strong infrastructure facility along with escalating awareness about benefits of orthopedic navigation systems in patients. Apart from this, supportive government schemes favoring use of orthopedic navigation systems will culminate into huge market growth in region during forecast period. Additionally, presence of established manufacturers & vendors and favorable health insurance & compensation policies will proliferate regional market size.
The key market participants include Zimmer Biomet, Johnson & Johnson Services, Inc., Medtronic Corporation, Stryker Corporation, B. Braun Melsungen AG, Kinamed, Inc., OrthAlign, Globus Medical, and Amplitude Surgical.
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