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Research to Claim 18.1% CAGR for Orthopedic Robots Market | The Market Reports

Robotic procedures offer significant cost savings in terms of pre- and post-operation care costs and length of stay at hospitals. Technological advances and breakthroughs leverage new materials and new sensor configurations. Sophisticated software is further evolving product implementation: Clinically efficient solutions, clinically less complex surgery, shorter length of stay, minimally invasive surgery, financially lower cost and operationally more simple. This report focuses on the Orthopaedic Surgical Robots market.

Due to the COVID-19 pandemic, the global Orthopedic Robots market size is estimated to be worth US$ 611.1 million in 2021 and is forecast to a readjusted size of US$ 2097.4 million by 2028 with a CAGR of 18.1% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, the Europe Orthopedic Robots market is estimated at US$ million in 2022, while the United States and China are forecast to reach US$ million and US$ million by 2028, respectively. The proportion of the United States is % in 2022, while Chinese percentage is %, and it is predicted that China market share will reach % in 2028, trailing a CAGR of % through the analysis period. As for the Europe Orthopedic Robots landscape, Germany is projected to reach US$ million by 2028. and in Asia, the notable markets are Japan and South Korea, CAGR is % and % respectively for the next 6-year period.

The major players in global Orthopedic Robots market include Medtronic, Stryker, Zimmer Biomet, etc. The top 3 players occupy about 80% shares of the global market. North America and Europe are main markets, they occupy about 80% of the global market. Spine Surgery Robot is the main type, with a share about 70%. Hospitals is the main application, which holds a share about 40%.

This report focuses on Orthopedic Robots volume and value at the global level, regional level, and company level. From a global perspective, this report represents overall Orthopedic Robots market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Mid East & Africa, etc.

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The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

Segment by Type

  • Spine Surgery Robot
  • Knee/Hip Joint Surgery Robot
  • Others

Segment by Application

  • Hospitals
  • Ambulatory Surgical Center
  • Others

By Company

  • Medtronic
  • Stryker
  • Zimmer Biomet
  • Smith & Nephew
  • Globus Medical
  • TINAVI
  • Corin Group (OMNI)
  • THINK Surgical
  • Santa Medical Technology
  • FUTURTEC

Production by Region

  • North America
  • Europe
  • China

Consumption by Region

  • North America (United States, Canada)
  • Europe (Germany, France, U.K., Italy, Russia)
  • Asia-Pacific (China, Japan, South Korea, India, Australia, China Taiwan, Indonesia, Thailand, Malaysia)
  • Latin America (Mexico, Brazil, Argentina)
  • Middle East & Africa (Turkey, Saudi Arabia, UAE)

 

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