Global Orthopedic Surgical Robots Market 2017-2021 - Product Image

Global Orthopedic Surgical Robots Market 2017-2021

  • ID: 4143849
  • Report
  • Region: Global
  • 70 pages
  • TechNavio
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FEATURED COMPANIES

  • Johnson & Johnson
  • OMNI
  • Smith & Nephew
  • Stryker
  • THINK Surgical
  • Wright Medical Technology
  • MORE

About Orthopedic Surgical Robots

Orthopedic surgical robots are systems that are used to perform surgeries such as partial or joint replacement, which is also known as arthroplasty. The current report focuses on robots that are used to conduct orthopedic surgeries on the hip and knee. With the developments in the orthopedic market, there has been an emergence of product offerings, which facilitate robotic and computer-assisted surgeries. Such products are gaining traction due to the increase in the demand for musculoskeletal disorders across all the age groups, and the increased demand for procedures that enhance precision and eliminate any revisions. As opposed to open surgeries, the forecast period is expected to see a burgeoning demand for minimally invasive surgeries (MIS), which improve functional outcomes and reduce recovery times and hospital stays for patients.

The analysts forecast the global orthopedic surgical robots market to grow at a CAGR of 46.89% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global orthopedic surgical robots market for 2017-2021. To calculate the market size, the report considers the revenue generated from the new sales of these robots for market sizing, for the period 2016-2021, keeping 2016 as the base year.

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

The report, Global Orthopedic Surgical Robots Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- OMNI
- Smith & Nephew
- Stryker
- THINK Surgical

Other prominent vendors
- Johnson & Johnson
- Wright Medical Technology
- Zimmer Biomet

Market drivers
- Limitations in conventional surgeries spurring the adoption of robotic surgical platforms.
- For a full, detailed list, view the full report

Market challenges
- Availability of alternative treatment methods.
- For a full, detailed list, view the full report

Market trends
- Increase in minimally invasive surgery (MIS) procedures in orthopedics.
- For a full, detailed list, view the full report

Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the Key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

You can request one free hour of the analyst’s time when you purchase this market report. Details are provided within the report.

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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Johnson & Johnson
  • OMNI
  • Smith & Nephew
  • Stryker
  • THINK Surgical
  • Wright Medical Technology
  • MORE
PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction
  • Key market highlights
PART 05: Market landscape
  • Healthcare robotics
  • Global orthopedic market
  • Global orthopedic surgical robots market
  • Five forces analysis
PART 06: Market segmentation by application
  • Global orthopedic surgical robots market by application
  • Global orthopedic surgical robots market by knee surgery
  • Global orthopedic surgical robots by hip surgery market
PART 07: Geographical segmentation
  • Global orthopedic surgical robots market by geography
  • Orthopedic surgical robots market in Americas
  • Orthopedic surgical robots market in EMEA
  • Orthopedic surgical robots market in APAC
PART 08: Decision framework

PART 09: Drivers and challenges
  • Market drivers
  • Impact of drivers on key customer segments
  • Market challenges
  • Impact of challenges on key customer segments
PART 10: Market trends
  • Increase in minimally invasive surgery (MIS) procedures in orthopedics
  • Marketing initiatives to increase adoption of robot-assisted surgeries
  • Increase in strategic collaborations to develop advanced robotic platforms
PART 11: Vendor landscape
  • Competitive scenario
  • Other prominent vendors
  • Competition analysis
  • OMNI
  • Smith & Nephew
  • Stryker
  • THINK Surgical
PART 12: Key takeaways

PART 13: Appendix
  • List of abbreviations
List of Exhibits
Exhibit 01: Categorization of robots in healthcare
Exhibit 02: Drivers and challenges in healthcare robotics
Exhibit 03: Major innovations in medical robotics
Exhibit 04: Distribution of major segments in the global orthopedic market 2016
Exhibit 05: Major musculoskeletal disorders
Exhibit 06: Needs of stakeholders in the orthopedic industry
Exhibit 07: Evolution of orthopedic surgical robots
Exhibit 08: Major orthopedic surgeries
Exhibit 09: Major categories of orthopedic surgical robots available in the market
Exhibit 10: Procedures in a robotic orthopedic surgery
Exhibit 11: Global orthopedic surgical robots market 2016-2021 ($ millions)
Exhibit 12: Five forces analysis
Exhibit 13: Global orthopedic surgical robots market by application 2016 and 2021
Exhibit 14: Knee replacement: key factors
Exhibit 15: Global orthopedic surgical robots by knee surgery market 2016-2021 ($ millions)
Exhibit 16: Types of degenerative joint disease (DJD) of the hip
Exhibit 17: Hip replacement: key factors
Exhibit 18: Global orthopedic surgical robots market by hip surgery 2016-2021 ($ millions)
Exhibit 19: Global orthopedic surgical robots market by geography 2016-2021
Exhibit 20: Orthopedic surgical robots market in Americas 2016-2021 ($ millions)
Exhibit 21: Orthopedic surgical robots market in EMEA 2016-2021 ($ millions)
Exhibit 22: Orthopedic surgical robots market in APAC 2016-2021($ millions)
Exhibit 23: Advantages of robotic surgeries over open surgeries
Exhibit 24: Expected fall in the average cost of sensors 2015-2020 ($)
Exhibit 25: Impact of drivers
Exhibit 26: Costs associated with implementation of orthopedic surgical robots
Exhibit 27: Impact of challenges
Exhibit 28: Major MIS procedures in orthopedics
Exhibit 29: Major strategic collaborations in the market over the years
Exhibit 30: Other prominent vendors
Exhibit 31: OMNI: Product offerings
Exhibit 32: OMNI: Recent developments
Exhibit 33: Smith & Nephew: Product offerings
Exhibit 34: Smith & Nephew: Recent developments
Exhibit 35: Stryker: Product offerings
Exhibit 36: Stryker: Recent developments
Exhibit 37: THINK Surgical: Product offerings
Exhibit 38: THINK Surgical: Recent developments
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FEATURED COMPANIES

  • Johnson & Johnson
  • OMNI
  • Smith & Nephew
  • Stryker
  • THINK Surgical
  • Wright Medical Technology
  • MORE
New Report Released: – Global Orthopedic Surgical Robots Market 2017-2021

The author of the report recognizes the following companies as the key players in the global orthopedic surgical robots market: OMNI, Smith & Nephew, Stryker, and THINK Surgical.

Other Prominent Vendors in the market are: Johnson & Johnson, Wright Medical Technology, and Zimmer Biomet.

Commenting on the report, an analyst from the research team said: “One trend in market is increase in minimally invasive surgery (MIS) procedures in orthopedics. Minimal invasive surgeries are becoming a preferred procedure in the field of orthopedics. This technique is proving to be advantageous for the reconstruction of fractured bones, joint replacement, and realignment of bone extremities. As they result in less postoperative swelling than open techniques and reduce the risk of complications, pain, and recovery times, there is an increase in preference for such surgeries. Arthroscopy is among the most common MIS procedures. As the market gains traction, minimally invasive spinal surgeries for stabilizing spinal joints and vertebral discs will gain traction. Vendors in the market are expected to capitalize on the preference for MIS procedures by investing in R&D and offering products such as orthopedic surgical robots, which will contribute to the growth of the burgeoning market.”

According to the report, one driver in market is limitation in conventional surgeries spurring the adoption of robotic surgical platforms. The major drivers of orthopedic surgical robots are the advantages they offer over conventional surgeries. One of these is the accuracy in the placement of implants, which is achieved with the involvement of orthopedic surgical robots. This can, in turn, fulfill the need for hospitals to increase their Return on investment (ROI) and reduce post-operative complications such as premature implant failure, revisions, and mechanical faults, and reduce hospitalization and recovery time. On the other hand, orthopedic surgical robots allow for more dexterity, efficiency in hand-eye coordination, ergonomic positioning, and improvement in visualization with the assistance of CT scans, preoperative plans, and simulation software.

Further, the report states that one challenge in market is high equipment and maintenance cost. One important challenge that the innovation in orthopedic surgical robotics faces is the extremely high equipment and maintenance costs associated with these robots. The successful R&D of surgical robots, not inclusive of regulatory overheads, amounts to several millions of dollars. For instance, surgical robots cost over $1 million. These high costs might result in patients opting for conventional surgeries especially in countries such as the US where there are government initiatives to enhance healthcare, including bundled payment initiatives and reimbursements for joint replacements.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
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  • OMNI
  • Smith & Nephew
  • Stryker
  • THINK Surgical
  • Johnson & Johnson
  • 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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