Hip and Knee Orthopedic Surgical Robots: Market Shares, Strategies, and Forecasts, Worldwide, 2016-2022

  • ID: 3608083
  • Report
  • Region: Global
  • 145 Pages
  • Wintergreen Research, Inc
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Hip and Knee Orthopedic Surgical Robot Device Markets at $84 Million in 2015 are Anticipated to Reach $4.6 Billion by 2022

FEATURED COMPANIES

  • Johnson & Johnson / DePuy
  • Smith & Nephew
  • Spinal Surgical Robot
  • Stryker / Mako
  • Synthes
  • THINK Surgical
  • MORE
Worldwide Hip and Knee Orthopedic surgical robot markets are poised to achieve significant growth. The accuracy provided by the robot is not reproducible by the human surgeon, so ultimately all surgeons will want to perform the orthopedic implants using this technology.

Robot assisted medial knee arthroplasty: orthopedic surgical robots are poised to take knee and hip surgery quality far beyond what has previously been available. The quality of knee arthroplasty is improved with robotic capability. All the advantages of surgical robots carry into the Stryker Mako orthopedic reconstruction surgical products.

When the knee and hip surgical robots are used, patients have less bleeding, reduction of post-operative pain, fewer re-admissions to hospital and faster recovery. Robots support high-precision surgery. A clinic in Switzerland, La Source, has reported a reduction in the average days of hospitalization from 10 to 6.

Knee and hip surgical robots provide consistent reproducible precision. This capability is so significant for implant surgery that the robots are positioned to become the defacto standard of care for knee and hip surgery within five years. Any one getting a knee or hip replaced will demand attention to quality of life, to maintenance of lifestyle provided by a robot when they have a joint replacement.

As next generation systems, hip and knee robotic units provide a way to improve traditional orthopedic hip and knee replacement surgery. Total hip replacement surgery has evolved dramatically as advances in technology have brought improved surgical techniques. Surgical robots are a significany part of that advance.

Once, the penetration achieves this 35% level, all orthopedic surgeons will demand that hospitals offer robotic orthopedic surgical capability because the outcomes are more predictable and better. If the hospital does not offer the robot, the surgeon will move to a more modern facility.

Knee and Hip Surgical Robots have been impacted by the reduction in insurance payments. Payment reductions have forced hospitals to start acting as businesses. The cost of delivering care has become as much a factor as providing quality care when making decisions about patient improvement in condition. Cost-cutting has been made in the supply chain. Suppliers were examined closely for quality and cost.

The number of suppliers is reduced to put pressure on the ones that remain. Those remaining are pressured to improve prices and efficiencies. Hospitals, physicians, and care providers have been financially incentivized to create accountable care organizations (ACOs). Coordinated patient care plans and value-based purchasing were rewarded. The med device buyer shifted from physicians to the ACOs and smart buying groups.
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FEATURED COMPANIES

  • Johnson & Johnson / DePuy
  • Smith & Nephew
  • Spinal Surgical Robot
  • Stryker / Mako
  • Synthes
  • THINK Surgical
  • MORE
1. Knee and Hip Surgical Robots Market Description and Market Dynamics.
1.1, Knee and Hip Surgical Robots Reduction In Payments.
1.1.1. Med Device Industry,
1.1.2. Stryker Positions to Assist Hospital Capital Investment in Knee and Hip Robotics.
1.1.3. Stryker Flex Financial Provides Assistance in the Financing Of The Surgical System Purchase.
1.2. Knee and Hip Surgery Three Dimension High-Definition Visualization with Robotic Arm.
1.3. Osteoporosis Impact On Hip,

2. Knee and Hip Surgical Robots Market Shares and Market Forecasts.
2.1. Knee and Hip Surgical Robot Market Driving Forces.
2.2. Knee and Hip Surgical Robot Market Shares.
2.2.1. Orthopedic Surgical Robot Market Shares. Units and Dollars.
2.2.2. Stryker MAKO Platform Expansion.
2.3, Knee and Hip Surgical Robot Forecasts.
2.3.1. Knee and Hip Surgical Robotic Procedures Forecasts.
2.3.2. Knee and Hip Surgical Robot Unit Analysis.
2.3.3. Hip and Knee Orthopedic Surgical Robot Market Segment Forecasts.
2.4. Knee and Hip Surgical Robot Regional Analysis.

3. Knee and Hip Surgical Robot Products.
3.1. Stryker Mako RIO® Robotic Arm.
3.1.1. Stryker MAKOplasty ® Robotic Arm Hip Replacement Solution.
3.1.2. Stryker MAKOplasty® Surgical Robotic Total Hip Arthroplasty.
3.1.3. Stryker MAKO Surgical Knee Replacements.
3.1.4. Stryker’s Mako Total Knee Application Receives FDA Clearance.
3.2. Stryker Knee and Hip Surgical Robot Products Benefits.
3.2.1. Stryker / Mako,

4. Knee and Hip Surgery Company Descriptions.
4.1. Orthopedic Implant Surgical Companies.
4.2. DePuy Synthes / Johnson & Johnson.
4.2.1. Depuy Knee Replacement System.
4.3. Stryker® Knee Replacement System.
4.4. Zimmer Biomet,
4.5. Smith&Nephew,
4.5.1. Smith & Nephew Knee Implant Systems.
4.5.2. Smith & Nephew Hip Implant Systems.
4.5.3. Smith & Nephew Bearing Surfaces.

5. Knee and Hip Surgical Company Descriptions.
5.1. Shenzhen Advanced Institute Spinal Surgical Robot.
5.2. Smith & Nephew,
5.2.1. Smith & Nephew Revenue.
5.3. Stryker / MAKO Surgical.
5.3.1. Stryker Revenue,
5.3.2. Stryker Results Of Operations.
5.3.3. Stryker Segment Orthopaedics.
5.3.4. Stryker Business Segment Operations.
5.3.5. Stryker Revenue,
5.3.6. Stryker Hip Recall: $1.4 Billion Settlement.
5.3.7. Stryker Regional Revenue Segment.
5.3.8. Stryker Robots.
5.3.9. Stryker / MAKO Surgical.
5.3. Stryker / Mako,
5.4, THINK Surgical,
5.4.1. THINK Surgical TPLAN™ 3D Planning Workstation.
5.4.2. THINK Surgical TCAT™ Computer Assisted Tool.
5.4.3. Think Surgical,
5.4.4. Think Surgical Robodoc.
5.5, Wright Medical Technology.
5.5.1. Wright Revenue,
5.5.2. Wright Medical Group NV Revenue.
5.5.3. Wright Medical Group N.V. Revenue for 2015 Third Quarter.
5.5.4. Wright / Tornier,
5.6. Zimmer Biomet.
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FEATURED COMPANIES

  • Johnson & Johnson / DePuy
  • Smith & Nephew
  • Spinal Surgical Robot
  • Stryker / Mako
  • Synthes
  • THINK Surgical
  • MORE
The aging US population has supported demand, since the occurrence of health issues that require medical devices is higher in the elderly population. Buoyed by strong demand and sales, industry profit margins have increased considerably during the past five years.

Hospitals are adopting robotic surgical devices to improve their outcomes numbers. Hospitals are measured on outcomes, robots for surgery, when used by a trained physician are improving outcomes significantly. Hundreds of universities worldwide have research programs in robotics and many are
awarding degrees in robotics. These “roboticists” are increasingly being hired by Global 2000 organizations to link mobile robots (mobile computers) into existing IT systems.

Robot-assisted surgery gives the surgeon better control over the surgical instruments and a better view of the surgical site.

The complete report provides a comprehensive analysis including procedure numbers, units sold, market value, forecasts, as well as a detailed competitive market shares and analysis of major players’ success, challenges, and strategies in each segment and sub-segment. The reports cover markets for knee and hip robotic orthopedic surgery medical specialties and sub-specialties.
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- Johnson & Johnson / DePuy
- Shenzhen Advanced Institute
- Smith & Nephew
- Spinal Surgical Robot
- Stryker / Mako
- Synthes
- THINK Surgical
- Wright Medical Technology
- Zimmer Biomet
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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