Orthopedic Medical Robots Market Size Worth $2,110.69 Mn By 2025 | CAGR 11.9%

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Market Study Report Provides A Detailed Overview Of Orthopedic Medical Robots Market With Respect To The Pivotal Drivers Influencing The Revenue Graph Of This Business Sphere. The Current Trends Of Orthopedic Medical Robots Market In Conjunction With The Geographical Landscape, Demand Spectrum, Remuneration Scale, And Growth Graph Of This Vertical Have Also Been Included In This Report.

In the report the orthopedic medical robots market, the market is expected to reach US$ $ 2,110.69 Mn in 2025 from US$ 375.49 in 2017. The market is estimated to grow with a CAGR of 24.1% from 2018-2025.

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The orthopedic medical robots market is driven by the driving factor such as increase in the number of musculoskeletal diseases, rise in funds allocated for medical robots research and technological advancements in orthopedic surgical robots. However, the market is likely face the restraining factors such as high cost of robotic systems and safety concerns associated with the robotic devices market. The future trend that is likely to drive the market growth is rise in number of strategic collaborations and joint ventures to develop novel robotic systems.

The orthopedic medical robots market as per the product the segment is segmented as systems and instruments & accessories. The market of instruments and accessories has the highest market share in 2017, contributing to orthopedic medical robots market is of 60.7% and is expected to retain its dominance during the forecast period from 2018 to 2025. The rise in demand by the aging population for the hip and knee replacement is likely to propel the growth of the medical robotic systems market. Similarly, the systems segment contributed 39.3% of the market share in the year 2017 and is expected to be the fastest growing market in the coming forecast period.

The anatomy segment of the orthopedic medical robots market includes upper extremities, lower extremities, and others. The anatomy segment for the orthopedic medical robots market was valued at US$ 375.49 Mn in 2017 and is estimated to reach US$ 2,110.69 Mn by 2025.

The upper extremity segment was further divided into the sub-segments such as shoulder, wrist, hand, and elbow. Similarly, lower extremity segment was also sub-segmented as knee, hip, foot and ankle and others. The lower extremities segments is the fastest growing segment in the anatomy and is expected to be the fastest growing segment in the forecast period owing to the increase in the knee surgery, trauma surgery, and hip surgery among the others. Among the lower extremity the knee segment holds the largest market in the anatomy segments likewise, shoulder is the largest market share holder in for the upper extremity market among the anatomy segment.

Some of the major primary and secondary sources included in the report orthopedic medical robots market are The American Society of Orthopedic Surgeons, BioHealth Diagnostic Center, Canadian Agency for Drugs and Technologies in Health, International Conference on Advanced Robotics and Mechatronics, Indian Institute of Technology Madras, Ruby Clinic and Group Companies, World Health Organization and more.


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TABLE OF CONTENTS:

1. INTRODUCTION 29

1.1 SCOPE OF THE STUDY 29

1.2 THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE 29

2. GLOBAL ORTHOPEDIC MEDICAL ROBOTS MARKET – KEY TAKEAWAYS 31

3. GLOBAL ORTHOPEDIC MEDICAL ROBOTS MARKET – MARKET LANDSCAPE 34

3.1 OVERVIEW 34

3.2 MARKET SEGMENTATION 34

3.2.1 Global Orthopedic Medical Robots Market – By Product 35

3.2.2 Global Orthopedic Medical Robots Market – By Anatomy 35

3.2.3 Global Orthopedic Medical Robots Market – By Application 36

3.2.4 Global Orthopedic Medical Robots Market – By End User 36

3.2.5 Global Orthopedic Medical Robots Market – By Geography 36

3.3 PEST ANALYSIS 37

3.3.1 North America – PEST Analysis 37

3.3.2 Europe – PEST Analysis 39

3.3.3 Asia Pacific – PEST Analysis 41

3.3.4 Middle East and Africa – PEST Analysis 43

3.3.5 South and Central America – PEST Analysis 45

4. GLOBAL ORTHOPEDIC MEDICAL ROBOTS MARKET – KEY MARKET DYNAMICS 47

4.1 KEY MARKET DRIVERS 47

4.1.1 Increase in Number of Musculoskeletal Diseases 47

4.1.2 Rise in Funds Allocated for Medical Robots Research 48

4.1.3 Technological Advancements in Orthopedic Surgical Robots 48

4.2 KEY MARKET RESTRAINTS 49

4.2.1 High Cost of Robotic Systems 49

4.2.2 Safety Concerns Associated with the Robotic Devices 49

4.3 KEY MARKET OPPORTUNITIES 50

4.3.1 Increased Preferences Among Patients Towards Robotic Surgeries 50

4.3.2 Development in the Healthcare Market 50

4.4 FUTURE TRENDS 51

4.4.1 Rise in Number of Strategic Collaborations and Joint Ventures to Develop Novel Robotic Systems 51

4.5 IMPACT ANALYSIS 51

5. GLOBAL ORTHOPEDIC MEDICAL ROBOTS MARKET – GLOBAL ANALYSIS 52

5.1 GLOBAL ORTHOPEDIC MEDICAL ROBOTS MARKET REVENUE FORECASTS AND ANALYSIS (US$ MN) 52

5.2 GLOBAL ORTHOPEDIC MEDICAL ROBOTS MARKET, BY GEOGRAPHY – FORECASTS AND ANALYSIS (US$ MN) 53

5.3 PERFORMANCE OF KEY PLAYERS 54

5.3.1 Stryker 54

5.3.2 Zimmer Biomet 54

5.4 EXPERT OPINIONS 55

6. GLOBAL ORTHOPEDIC MEDICAL ROBOTS SYSTEMS MARKET VOLUME ANALYSIS & FORECASTS – BY REGION 56

6.1 OVERVIEW 56

6.2 GLOBAL ORTHOPEDIC MEDICAL ROBOTS SYSTEM MARKET VOLUME AND FORECASTS TO 2025, BY REGION ('000 UNITS) 56

6.3 NORTH AMERICA MARKET 57

6.3.1 North America Systems Market Volume and Forecasts to 2025 ('000 Units) 57

6.4 EUROPE MARKET 58

6.4.1 Europe Systems Market Volume and Forecasts to 2025 ('000 Units) 58

6.5 ASIA PACIFIC MARKET 59

6.5.1 Asia Pacific Systems Market Volume and Forecasts to 2025 ('000 Units) 59

6.6 MIDDLE EAST AND AFRICA MARKET 60

6.6.1 Middle East & Africa Systems Market Volume and Forecasts to 2025 ('000 Units) 60

6.7 SOUTH AND CENTRAL AMERICA MARKET 61

6.7.1 South and Central America Systems Market Volume and Forecasts to 2025 ('000 Units) 61

7. GLOBAL ORTHOPEDIC MEDICAL ROBOTS MARKET ANALYSIS – BY PRODUCT 62

7.1 OVERVIEW 62

7.2 SYSTEMS MARKET 63

7.2.1 Overview 63

7.2.2 Global Systems Market Revenue and Forecasts to 2025 (US$ Mn) 64

7.3 INSTRUMENTS & ACCESSORIES MARKET 65

7.3.1 Overview 65

7.3.2 Global Instruments & Accessories Market Revenue and Forecasts to 2025 (US$ Mn) 65

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