The market for orthopedic navigation system is expected to grow at a CAGR of around 10.7% from 2020 to 2027 and expected to reach the market value of around US$ 386.4 Mn by 2027.
The computer-assisted navigation systems or orthopedic navigation systems are emerging as the new and powerful tool for the surgeon in the new orthopedic surgery procedures. This visualization system help surgeon to place patient's tools without excessive exposure to X-ray radiations. The increasing number of people suffering from a variety of orthopedic conditions, including ulnar tunnel syndrome, osteoarthritis, rheumatoid arthritis, osteoporosis, and ligamentous knee injuries are supporting the demand of orthopedic navigation systems in the global market. These disorders affect the body's musculoskeletal system, which includes nerves, bones, muscles, joints, ligaments, cartilage, and tendons and results in a decrease in the range of stiffness, motion, swelling, and muscle pain that subsequently requires surgical treatment.
Market Dynamics
The growing prevalence of target disorders along with the growing demand for computer-assisted orthopedic surgery because of the associated benefits, such as shorter convalescence time and shorter hospital stay are supporting the market growth. The increasing demand for minimally invasive surgeries due to minimal incision, rapid recovery, and satisfactory results are further fueling the demand for the orthopedic navigation system. The presence of several international and regional players who are focusing on the improvement of technological experience through the development of robot-assisted technologies that will help in gaining competitive advantage is additionally bolstering the market value. The rising cost of medical care in developed countries such as the US, Germany, France, and the United Kingdom is further propelling market growth.
On the other side, the high cost associated with the instrument and procedure is projected to limit the growth to an extent over the estimated timeframe from 2020 to 2027.
North America accounted for the maximum revenue share in the Orthopedic Navigation System Market
In 2019, North America is leading the market with maximum revenue share (%) due to its major economies including the US and Canada. The presence of well-improved healthcare infrastructure, high awareness levels, favorable government initiatives, and easy availability of advance devices in the region by the major players is further bolstering the regional market value. According to the Agency for Healthcare Research and Quality, more than 790,000 knee replacements are performed in the United States every year. According to the Center of Orthopedic & neurosurgical care & research, nearly 1/2 of American adults will develop knee osteoarthritis in at least one knee in their lifetime. The same center has also specified that total knee replacement surgeries are projected to grow 673% to 3.5 million procedures per year by 2030. Moreover, the research result has shown that about 60% of all knee replacement operations are performed on women.
Asia Pacific is likely to register fastest growth throughout the forecast timeframe from 2020 to 2027
Asia Pacific region is estimated to experience the fastest growth over the forecast period from 2020 to 2027. The region is gaining a rapid pace on account of its emerging economies including China and India. The rising focus of major players in the region in order to take advantage of available opportunities is further bolstering the regional market value.
The players profiled in the report include B. Braun Melsungen AG, Brainlab AG, CAScination AG, DePuy Synthes, Fiagon GmbH, Medtronic, OMNI, Scopis GmbH, Siemens Healthineers, Stryker, and others. The major orthopedic navigation system players were involved in strategic developments for escalating the profit share in regional as well as the global market. The major investments were announced in the orthopedic navigation system market for technological advancements in the field.
Market Segmentation
Market By Technology
Electromagnetic
Optical
Radiography
Fluoroscopy-based
Imageless
Others
Market By Application
Knee Surgeries
Spine Surgeries
Hip Surgeries
Joint Replacement Surgeries
Shoulder replacement Surgeries
Market By End Use
Hospital
Ambulatory Surgical Centers
Others
Market By Geography
North America
Europe
- U.K.
- Germany
- France
- Spain
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
Latin America
- Brazil
- Mexico
- Rest of Latin America
Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
CHAPTER 1. Industry Overview of Orthopedic Navigation System
1.1. Definition and Scope
1.1.1. Definition of Orthopedic Navigation System
1.1.2. Market Segmentation
1.1.3. Years Considered for the Study
1.1.4. Assumptions and Acronyms Used
1.1.4.1. Market Assumptions and Market Forecast
1.1.4.2. Acronyms Used in Global Orthopedic Navigation System Market
1.2. Summary
1.2.1. Executive Summary
1.2.2. Orthopedic Navigation System Market By Technology Type
1.2.3. Orthopedic Navigation System Market By Application
1.2.4. Orthopedic Navigation System Market By End Use
1.2.5. Orthopedic Navigation System Market by Regions
CHAPTER 2. Research Approach
2.1. Methodology
2.1.1. Research Programs
2.1.2. Market Size Estimation
2.1.3. Market Breakdown and Data Triangulation
2.2. Data Source
2.2.1. Secondary Sources
2.2.2. Primary Sources
CHAPTER 3. Market Dynamics And Competition Analysis
3.1. Market Drivers
3.1.1. Driver 1
3.1.2. Driver 2
3.2. Restraints and Challenges
3.2.1. Restrain 1
3.2.2. Restrain 2
3.3. Growth Opportunities
3.3.1. Opportunity 1
3.3.2. Opportunity 2
3.4. Porter’s Five Forces Analysis
3.4.1. Bargaining Power of Suppliers
3.4.2. Bargaining Power of Buyers
3.4.3. Threat of Substitute
3.4.4. Threat of New Entrants
3.4.5. Degree of Competition
3.5. Market Concentration Ratio and Market Maturity Analysis of Orthopedic Navigation System Market
3.5.1. Go To Market Strategy
3.5.1.1. Introduction
3.5.1.2. Growth
3.5.1.3. Maturity
3.5.1.4. Saturation
3.5.1.5. Possible Development
3.6. Technological Roadmap for Orthopedic Navigation System Market
3.7. Value Chain Analysis
3.7.1. List of Key Manufacturers
3.7.2. List of Customers
3.7.3. Level of Integration
3.8. Cost Structure Analysis
3.8.1. Price Trend of Key Raw Materials
3.8.2. Raw Material Suppliers
3.8.3. Proportion of Manufacturing Cost Structure
3.8.3.1. Raw Material
3.8.3.2. Labor Cost
3.8.3.3. Manufacturing Expense
3.9. Regulatory Compliance
3.10. Competitive Landscape, 2019
3.10.1. Player Positioning Analysis
3.10.2. Key Strategies Adopted By Leading Players
CHAPTER 4. Manufacturing Plant Analysis
4.1. Manufacturing Plant Location and Establish Date of Major Manufacturers in 2019
4.2. R&D Status and Application Source of Orthopedic Navigation System Major Manufacturers in 2019
CHAPTER 5. Orthopedic Navigation System Market By Technology Type
5.1. Introduction
5.2. Orthopedic Navigation System Revenue By Technology Type
5.2.1. Orthopedic Navigation System Revenue (US$ Mn) and Forecast, By Technology Type, 2016-2027
5.2.2. Electromagnetic
5.2.2.1. Electromagnetic Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
5.2.3. Optical
5.2.3.1. Optical Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
5.2.4. Radiography
5.2.4.1. Radiography Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
5.2.5. Fluoroscopy-based
5.2.5.1. Fluoroscopy-based Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
5.2.6. Imageless
5.2.6.1. Imageless Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
5.2.7. Others
5.2.7.1. Others Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
CHAPTER 6. Orthopedic Navigation System Market Revenue By Application
6.1. Introduction
6.2. Orthopedic Navigation System Revenue (US$ Mn) By Application
6.2.1. Orthopedic Navigation System Revenue (US$ Mn) and Forecast By Application, 2016 - 2027
6.2.2. Knee Surgeries
6.2.2.1. Knee Surgeries Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
6.2.3. Spine Surgeries
6.2.3.1. Spine Surgeries Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
6.2.4. Hip Surgeries
6.2.4.1. Hip Surgeries Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
6.2.5. Joint replacement Surgeries
6.2.5.1. Joint replacement Surgeries Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
6.2.6. Shoulder replacement Surgeries
6.2.6.1. Shoulder replacement Surgeries Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
CHAPTER 7. Orthopedic Navigation System Market By End Use
7.1. Introduction
7.2. Orthopedic Navigation System Revenue (US$ Mn) By End Use
7.2.1. Orthopedic Navigation System Revenue (US$ Mn) and Forecast By End Use, 2016 - 2027
7.2.2. Hospital
7.2.2.1. Hospital Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
7.2.3. Ambulatory Surgical Centers
7.2.3.1. Ambulatory Surgical Centers Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
7.2.4. Others
7.2.4.1. Ultraviolet-visible spectroscopy Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
CHAPTER 8. North America Orthopedic Navigation System Market By Country
8.1. North America Orthopedic Navigation System Overview
8.2. U.S.
8.2.1. U.S. Orthopedic Navigation System Market Revenue (US$ Mn) and Forecast By Technology Type, 2016-2027
8.2.2. U.S. Orthopedic Navigation System Market Revenue (US$ Mn) and Forecast By Application, 2016-2027
8.2.3. U.S. Orthopedic Navigation System Market Revenue (US$ Mn) and Forecast By End Use, 2016-2027
8.3. Canada
8.3.1. Canada Orthopedic Navigation System Market Revenue (US$ Mn) and Forecast By Technology Type, 2016-2027
8.3.2. Canada Orthopedic Navigation System Market Revenue (US$ Mn) and Forecast By Application, 2016-2027
8.3.3. Canada Orthopedic Navigation System Market Revenue (US$ Mn) and Forecast By End Use, 2016-2027
8.4. North America PEST Analysis
CHAPTER 9. Europe Orthopedic Navigation System Market By Country
9.1. Europe Bioanlytical Testing Services Market Overview
9.2. U.K.
9.2.1. U.K. Orthopedic Navigation System Market Revenue (US$ Mn) and Forecast By Technology Type, 2016-2027
9.2.2. U.K. Orthopedic Navigation System Market Revenue (US$ Mn) and Forecast By Application, 2016-2027
9.2.3. U.K. Orthopedic Navigation System Market Revenue (US$ Mn) and Forecast By End Use, 2016-2027
9.3. Germany
9.3.1. Germany Orthopedic Navigation System Market Revenue (US$ Mn) and Forecast By Technology Type, 2016-2027
9.3.2. Germany Orthopedic Navigation System Market Revenue (US$ Mn) and Forecast By Application, 2016-2027
9.3.3. Germany Orthopedic Navigation System Market Revenue (US$ Mn) and Forecast By End Use, 2016-2027
9.4. France
9.4.1. France Orthopedic Navigation System Market Revenue (US$ Mn) and Forecast By Technology Type, 2016-2027
9.4.2. France Orthopedic Navigation System Market Revenue (US$ Mn) and Forecast By Application, 2016-2027
9.4.3. France Orthopedic Navigation System Market Revenue (US$ Mn) and Forecast By End Use, 2016-2027
9.5. Spain
9.5.1. Spain Orthopedic Navigation System Market Revenue (US$ Mn) and Forecast By Technology Type, 2016-2027
9.5.2. Spain Orthopedic Navigation System Market Revenue (US$ Mn) and Forecast By Application, 2016-2027
9.5.3. Spain Orthopedic Navigation System Market Revenue (US$ Mn) and Forecast By End Use, 2016-2027
9.6. Rest of Europe
9.6.1. Rest of Europe Orthopedic Navigation System Market Revenue (US$ Mn) and Forecast By Technology Type, 2016-2027
9.6.2. Rest of Europe Orthopedic Navigation System Market Revenue (US$ Mn) and Forecast By Application, 2016-2027
9.6.3. Rest of Europe Orthopedic Navigation System Market Revenue (US$ Mn) and Forecast By End Use, 2016-2027
9.7. Europe PEST Analysis
CHAPTER 10. Asia Pacific Orthopedic Navigation System Market By Country
10.1. Asia Pacific Orthopedic Navigation System Market Overview
10.2. China
10.2.1. China Orthopedic Navigation System Market Revenue (US$ Mn) and Forecast By Technology Type, 2016 - 2027
10.2.2. China Orthopedic Navigation System Market Revenue (US$ Mn) and Forecast By Application, 2016 - 2027
10.2.3. China Orthopedic Navigation System Market Revenue (US$ Mn) and Forecast By End Use, 2016 - 2027
10.3. Japan
10.3.1. Japan Orthopedic Navigation System Market Revenue (US$ Mn) and Forecast By Technology Type, 2016 - 2027
10.3.2. Japan Orthopedic Navigation System Market Revenue (US$ Mn) and Forecast By Application, 2016 - 2027
10.3.3. Japan Orthopedic Navigation System Market Revenue (US$ Mn) and Forecast By End Use, 2016 - 2027
10.4. India
10.4.1. India Orthopedic Navigation System Market Revenue (US$ Mn) and Forecast By Technology Type, 2016 - 2027
10.4.2. India Orthopedic Navigation System Market Revenue (US$ Mn) and Forecast By Application, 2016 - 2027
10.4.3. India Orthopedic Navigation System Market Revenue (US$ Mn) and Forecast By End Use, 2016 - 2027
10.5. Australia
10.5.1. Australia Orthopedic Navigation System Market Revenue (US$ Mn) and Forecast By Technology Type, 2016 - 2027
10.5.2. Australia Orthopedic Navigation System Market Revenue (US$ Mn) and Forecast By Application, 2016 - 2027
10.5.3. Australia Orthopedic Navigation System Market Revenue (US$ Mn) and Forecast By End Use, 2016 - 2027
10.6. South Korea
10.6.1. South Korea Orthopedic Navigation System Market Revenue (US$ Mn) and Forecast By Technology Type, 2016 - 2027
10.6.2. South Korea Orthopedic Navigation System Market Revenue (US$ Mn) and Forecast By Application, 2016 - 2027
10.6.3. South Korea Orthopedic Navigation System Market Revenue (US$ Mn) and Forecast By End Use, 2016 - 2027
10.7. Rest of Asia-Pacific
10.7.1. Rest of Asia-Pacific Orthopedic Navigation System Market Revenue (US$ Mn) and Forecast By Technology Type, 2016 - 2027
10.7.2. Rest of Asia-Pacific Orthopedic Navigation System Market Revenue (US$ Mn) and Forecast By Application, 2016 - 2027
10.7.3. Rest of Asia-Pacific Orthopedic Navigation System Market Revenue (US$ Mn) and Forecast By End Use, 2016 - 2027
10.8. Asia Pacific PEST Analysis
CHAPTER 11. Latin America Orthopedic Navigation System Market By Country
11.1. Latin America Orthopedic Navigation System Market Overview
11.2. Brazil
11.2.1. Brazil Orthopedic Navigation System Market Revenue (US$ Mn) and Forecast By Technology Type, 2016 - 2027
11.2.2. Brazil Orthopedic Navigation System Market Revenue (US$ Mn) and Forecast By Application, 2016 - 2027
11.2.3. Brazil Orthopedic Navigation System Market Revenue (US$ Mn) and Forecast By End Use, 2016 - 2027
11.3. Mexico
11.3.1. Mexico Orthopedic Navigation System Market Revenue (US$ Mn) and Forecast By Technology Type, 2016 - 2027
11.3.2. Mexico Orthopedic Navigation System Market Revenue (US$ Mn) and Forecast By Application, 2016 - 2027
11.3.3. Mexico Orthopedic Navigation System Market Revenue (US$ Mn) and Forecast By End Use, 2016 - 2027
11.4. Rest of Latin America
11.4.1. Rest of Latin America Orthopedic Navigation System Market Revenue (US$ Mn) and Forecast By Technology Type, 2016 - 2027
11.4.2. Rest of Latin America Orthopedic Navigation System Market Revenue (US$ Mn) and Forecast By Application, 2016 - 2027
CHAPTER 12. Middle East & Africa Orthopedic Navigation System Market By Country
12.1. Middle East & Africa Orthopedic Navigation System Market Overview
12.2. Saudi Arabia
12.2.1. Saudi Arabia Orthopedic Navigation System Market Revenue (US$ Mn) and Forecast By Technology Type, 2016 - 2027
12.2.2. Saudi Arabia Orthopedic Navigation System Market Revenue (US$ Mn) and Forecast By Application, 2016 - 2027
12.2.3. Saudi Arabia Orthopedic Navigation System Market Revenue (US$ Mn) and Forecast By End Use, 2016 - 2027
12.3. UAE
12.3.1. UAE Orthopedic Navigation System Market Revenue (US$ Mn) and Forecast By Technology Type, 2016 - 2027
12.3.2. UAE Orthopedic Navigation System Market Revenue (US$ Mn) and Forecast By Application, 2016 - 2027
12.3.3. UAE Orthopedic Navigation System Market Revenue (US$ Mn) and Forecast By End Use, 2016 - 2027
12.4. Rest of Middle East & Africa
12.4.1. Rest of Middle East & Africa Orthopedic Navigation System Market Revenue (US$ Mn) and Forecast By Technology Type, 2016 - 2027
12.4.2. Rest of Middle East & Africa Orthopedic Navigation System Market Revenue (US$ Mn) and Forecast By Application, 2016 - 2027
12.4.3. Rest of Middle East & Africa Orthopedic Navigation System Market Revenue (US$ Mn) and Forecast By End Use, 2016 - 2027
CHAPTER 13. PLAYER ANALYSIS OF STROKE MANAGEMENT
13.1. Orthopedic Navigation System Market Company Share Analysis
13.2. Competition Matrix
13.2.1. Competitive Benchmarking of key players by price, presence, market share, and R&D investment
13.2.2. New Product Launches and Product Enhancements
13.2.3. Mergers And Acquisition In Global Orthopedic Navigation System Market
13.2.4. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements
CHAPTER 14. COMPANY PROFILE
14.1. B. Braun Melsungen AG
14.1.1. Company Snapshot
14.1.2. Business Overview
14.1.3. Financial Overview
14.1.3.1. Revenue (US$ Mn), 2019
14.1.3.2. B. Braun Melsungen AG 2019 Orthopedic Navigation System Business Regional Distribution
14.1.4. Product/ Service and Specification
14.1.5. Recent Developments & Business Strategy
14.1.6. Manufacturing Plant Footprint Analysis
14.2. BRAINLAB AG
14.3. CAScination AG
14.4. DePuy Synthes
14.5. Fiagon GmbH
14.6. Medtronic
14.7. OMNI
14.8. Scopis GmbH
14.9. Siemens Healthineers
14.10. Stryker
14.11. Others
