Orthopedic Surgical Robots Market to Witness an Outstanding Growth during 2019-2030
New York, NY -- (SBWIRE) -- 03/09/2020 -- Robot-assisted orthopedic surgeries makes it possible to accomplish several orthopedic surgical procedures with high level of precision. Orthopedic robotic systems are used for replacement surgeries such as partial or complete knee replacement, and total hip replacement among others, by means of minimally-invasive procedures. Thereby, offering a wide array of benefits which otherwise would result in complications via traditional human-assisted surgeries. Market Industry Reports (MIR) has published a new report titled "Orthopedic Surgical Robots Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2030." According to the report, the global orthopedic surgical robots market is anticipated to be a million dollar market by 2030. It is anticipated to grow at a healthy CAGR from 2019 to 2030.
The considerable growth of the global orthopedic surgical robots market can be attributed to several factors such as, rising preference for minimally-invasive procedures, increasing disposable incomes, growing geriatric population, technological advancements and accuracy of implant placement among others. Moreover, rising incidences of orthopedic related ailments have played a crucial role in complementing the growth of this market.
Major Key Players of the Orthopedic Surgical Robots Market are:
Surgical, SYK CORP (Stryker Corporation), Smith & Nephew, Mazor Robotics (Medtronic), Globus Surgical Inc., DePuy Synthes (Johnson & Johnson Services, Inc.), NuVasive, Inc., Zimmer Biomet and other prominent players.
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Arthritis is considered to be a major health crisis in the US, it is estimated that a staggering 300,000 children and 54 million adults, suffer from arthritis or other forms of rheumatic diseases. According to Arthritis Foundation (US), it is anticipated that 78.4 million US adults would suffer from arthritis, by 2040. Growing incidences of these ailments is anticipated to significantly contribute to the global orthopedic surgical robots market during the forecast period. Similarly, osteoarthritis is one of the most prevailing diseases, which substantially increases chances of disability and pain associated with musculoskeletal system. Hip and knee joint replacement surgery is considered as the most effective intervention for severe form of osteoarthritis and fractures, which ultimately reduces disability and pain, and simultaneously restores normal functioning.
Technological advancements too have played a crucial role in augmenting the global orthopedic surgical robots market. Robot-assisted orthopedic surgeries have the potential to significantly improve surgical outcomes, and simultaneously reduce compilations associated with these surgeries. Major players in the orthopedic device industries like Stryker, Medtronic, and Zimmer Biomet and several others, are increasingly focusing on rolling out advanced robotic surgical systems to assist surgeons with hip, knee, spine or shoulder surgeries.
Major Types of Orthopedic Surgical Robots Market covered are:
Haptic Robotic Systems
Autonomous Robotic Systems and Passive Surgery Systems
Major Applications of Orthopedic Surgical Robots Market covered are:
Joint Replacement
Spine, and Bone Repositioning
Research objectives:-
– To study and analyze the global Orthopedic Surgical Robots consumption (value & volume) by key regions/countries, product type and application, history data.
– To understand the structure of the Orthopedic Surgical Robots market by identifying its various sub-segments.
– Focuses on the key global Orthopedic Surgical Robots manufacturers, to define, describe and analyze the sales volume, value, market share, market competitive landscape, SWOT analysis, and development plans in the next few years.
– To analyze the Orthopedic Surgical Robots with respect to individual growth trends, future prospects, and their contribution to the total market.
– To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
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Table of Content
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered
2 Global Growth Trends
2.1 Orthopedic Surgical Robots Market Size
2.2 Orthopedic Surgical Robots Growth Trends by Regions
2.3 Industry Trends
3 Market Share by Key Players
3.1 Orthopedic Surgical Robots Market Size by Manufacturers
3.2 Orthopedic Surgical Robots Key Players Head office and Area Served
3.3 Key Players Orthopedic Surgical Robots Product/Solution/Service
3.4 Date of Enter into Orthopedic Surgical Robots Market
3.5 Mergers & Acquisitions, Expansion Plans
4 Breakdown Data by Product
4.1 Global Orthopedic Surgical Robots Sales by Product
4.2 Global Orthopedic Surgical Robots Revenue by Product
4.3 Orthopedic Surgical Robots Price by Product
5 Breakdown Data by End User
5.1 Overview
5.2 Global Orthopedic Surgical Robots Breakdown Data by End User
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In the end, Orthopedic Surgical Robots industry report specifics the major regions, market scenarios with the product price, volume, supply, revenue, production, and market growth rate, demand, forecast and so on. This report also presents SWOT analysis, investment feasibility analysis, and investment return analysis.
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