Industry Background:
Computer-assisted surgery is projected to improve the quality of the surgical procedure in a reproducible, standardized fashion. It focuses on the exactness of the surgical process itself by using surgical robots as the active systems. In orthopedic surgery it is designed to prepare bony surfaces with extraordinarily high precision, far beyond the manual capacities of a human surgeon. Robots were first introduced for femoral preparation in total hip replacement, but later they are used for knee arthroplasty. It has been shown that robotic assistance may offer an optimal contact at the bone or prosthesis interface in cementless implants, resulting in improved primary stability and perfect secondary bony integration.This growth is primarily driven by Rising Number of Musculoskeletal Diseases, Increase in Funds Allocated for Medical Robots Research and Technological Advancements in Orthopedic Robots.
Globally, a noticeable market trend is evident Growing Number of Strategic Collaborations and Joint Ventures to Develop Novel Robotic Systems. Major Players, such as Ekso Bionics (United States), Intuitive Surgical (United States), Medtronic (Ireland), Stryker (United States), Smith & Nephew (United Kingdom), Wright Medical Group N.V. (United States), Zimmer Biomet (United States), General Electric (United States), Think Surgical, Inc. (United States), Johnson & Johnson (United States) and Corin Group (United Kingdom) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Market Drivers
- Rising Number of Musculoskeletal Diseases
- Increase in Funds Allocated for Medical Robots Research
- Technological Advancements in Orthopedic Robots
Market Trend
- Growing Number of Strategic Collaborations and Joint Ventures to Develop Novel Robotic Systems
Restraints
- High Cost of Orthopedic Robotic Systems
- Safety Concerns Related to Robotic Devices
Opportunities
Augmented Preferences among Patients towards Robotic Surgeries and Development in the Healthcare Sector
Challenges
Presence of Stringent Regulatory Structure and Absence of Reimbursement Policy
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Orthopedic Robots Study Sheds Light on
The Orthopedic Robots Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Orthopedic Robots industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Orthopedic Robots industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.