What is Orthopedic Robotics?
Orthopedic surgical operation is ideally ideal for the utility of robotic systems. The capacity to isolate and rigidly restore bones in recognized positions approves robotic units to be securely fixed to the bone. As such, the bone is handled as a constant object, simplifying the laptop manipulate of the robotic system. Orthopedic surgical robots have a number of blessings over traditional orthopedic surgical techniques, which encompass expanded precision and accuracy for the training of bone surfaces. These structures supply increased spatial accuracy and supply greater reproducible and dependable outcomes. The potential to rigidly repair and isolate bones in acknowledged positions allow these surgical robots to be securely constant to the bone. Orthopedic surgical robots are similarly segregated into orthopedic surgical robots gadget and disposables.
|Unit||Value (USD Million)|
|Key Companies Profiled||Medtronic (Ireland), Stryker (United States), Zimmer Biomet (United States), Smith & Nephew (United Kingdom), Globus Medical (United States), TINAVI (China), NuVasive (United States) and Johnson & Johnson (United States)|
The market is seeing moderate market players, by seeing huge growth in this market the key leading vendors are highly focusing towards the production technologies, efficiency enhancement and product life. There is various growth opportunity in this market which is captured by leading players via tracking the ongoing process enhancement and huge invest in market growth strategies. Analysts at AMA Research estimates that Players from United States will contribute to the maximum growth of Global Orthopedic Robotics market throughout the predicted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Medtronic (Ireland), Stryker (United States), Zimmer Biomet (United States), Smith & Nephew (United Kingdom), Globus Medical (United States), TINAVI (China), NuVasive (United States) and Johnson & Johnson (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Major Robotics (Israel), Intouch Technologies Inc. (United States) and Renishaw plc (United Kingdom).
The market study is broken down, by Application (General Surgery, Gynecological Surgery, Urological Surgery, Neurosurgery, Orthopedic Surgery and Other) and major geographies with country level break-up.
AdvanceMarketAnalytics has segmented the market of Global Orthopedic Robotics market by Type, Application and Region.
On the basis of geography, the market of Orthopedic Robotics has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Type, the sub-segment i.e. Spine Surgery Robot will boost the Orthopedic Robotics market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End-user, the sub-segment i.e. Hospitals will boost the Orthopedic Robotics market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Leaders and their expansionary development strategies
In January 2021, Stryker received OrthoSensor and its Verasense intraoperative sensor tech to decorate the ortho giant’s Mako robots.
In 2021, Medtronic, an international chief in clinical technology,is expected to hit somemilestones in phrases of regulatory filings involving its soft-tissue robotic inside the month. CEO Geoff Martha proven in a current salary call that the company is on its way to post for a CE mark and appear out for an investigational system exclusion from FDA for the much-awaited soft-tissue surgical robot.
- Rising Adoption of Surgical Robots
- Rise in Funding For Medical Robot Research
- Rising Penetration of Surgical Robots in Ambulatory Surgery Centers
- Consolidation of Large Healthcare Players
- High Cost Of Associated With Robotic Systems
- Equipment Safety and Reliability
- Provision of Adequate Information
- Maintenance of Confidentiality
About ApproachTo evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.
Frequently Asked Questions (FAQ):
1. What all players are profiled in the study?
The standard version of the report profiles players such as Medtronic (Ireland), Stryker (United States), Zimmer Biomet (United States), Smith & Nephew (United Kingdom), Globus Medical (United States), TINAVI (China), NuVasive (United States) and Johnson & Johnson (United States) etc.
2. Can we have customized study for Orthopedic Robotics Market?
The Study can be customized subject to feasibility and data availability. Please connect with our sales representative for further information.