The global market for Orthopaedic navigation systems is projected to have a considerable CAGR of around 14.3% during the forecast period. Various orthopedic diseases, such as osteoporosis, osteoarthritis, rheumatoid arthritis, cubital tunnel syndrome, and ligament injuries of the knee, are becoming more prevalent. These disorders affect the musculoskeletal system of the body, which includes muscles, bones, ligaments, edema, cartilages, and tendons. This results in a decrease in range of motion, stiffness, swelling, and pain in the muscles, leading to the demand for orthopedic navigation systems. According to the CDC estimation, 54.4 million U.S. adults have some form of arthritis, which is expected to reach 78 million by the year 2040. This indicates the potential need for navigation systems for orthopedic surgeries in foreseeable future.
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Moreover, the convenience of orthopedic navigation systems over traditional imaging techniques such as X-rays has increased their acceptance among surgeons in developed countries. Further, the cost-effective solutions and the increasing usage of minimally invasive surgeries is likely to promote market growth during the forecast period. The advantages associated with the orthopedic navigation system, such as shorter hospital stay, easier rehabilitation, and low blood loss, are a few other factors that should grow the market over the forecast period. On the contrary, the high cost of surgical navigation systems and product recalls, on the other hand, are anticipated to have a negative impact on the orthopedic navigation systems market’s growth.
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Global Orthopedic navigation systems Market Segmentation
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
Regional Analysis
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
- Latin America
- Middle East & Africa
Company Profiles
- Amplitude SAS
- Braun Melsungen AG.
- Brainlab
- DePuy Synthes (Johnson & Johnson)
- Fiagon (Intersect ENT, INC.)
- GE Healthcare
- Globus Medical
- ntellijoint Surgical
- Johnson & Johnson Services, Inc.
- Joimax GmbH
- Karl Storz GmbH & Co. KG
- Kinamed, Inc.
- Medtronic plc,
- Meril Healthcare Pvt. Ltd
- MicroPort Scientific Corporation
- Orthokey Italia SRL
- Siemens Healthineers
- Stryker Corporation
- Think Surgical Inc
- Zimmer Biomet
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