#Orthopedic Surgical Robots Market share

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The orthopedic surgical robots market is largely influenced by the surging focus of key players towards technological advances in molecular diagnostics and indulging towards collaboration and partnerships with other organizations.

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Global Orthopedic Navigation Systems Market Analysis 2024: Size Forecast and Growth Prospects

The orthopedic navigation systems global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.

Orthopedic Navigation Systems Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.

Market Size - The orthopedic navigation systems market size has grown rapidly in recent years. It will grow from $2.64 billion in 2023 to $3.03 billion in 2024 at a compound annual growth rate (CAGR) of 14.6%. The growth in the historic period can be attributed to increasing aging population, rise in orthopedic disorders, growing patient preference for non-invasive treatments, surge in sports-related injuries, increased focus on outcomes and patient safety, collaboration between surgeons and technology developers..

The orthopedic navigation systems market size is expected to see rapid growth in the next few years. It will grow to $5.26 billion in 2028 at a compound annual growth rate (CAGR) of 14.8%. The growth in the forecast period can be attributed to continuous growth in aging population, expansion of orthopedic procedures, emphasis on value-based healthcare, focus on cost-effectiveness and efficiency, global collaboration in orthopedic research, patient-centric orthopedic care trends.. Major trends in the forecast period include emergence of navigation systems for robotic-assisted total hip arthroplasty, utilization of machine learning algorithms, application of navigation systems in pediatric orthopedics, integration of navigation systems with patient electronic health records (ehr), shift towards subscription-based models..

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Scope Of Orthopedic Navigation Systems Market The Business Research Company's reports encompass a wide range of information, including:

1. Market Size (Historic and Forecast): Analysis of the market's historical performance and projections for future growth.

2. Drivers: Examination of the key factors propelling market growth.

3. Trends: Identification of emerging trends and patterns shaping the market landscape.

4. Key Segments: Breakdown of the market into its primary segments and their respective performance.

5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.

6. Macro Economic Factors: Assessment of broader economic elements impacting the market.

Orthopedic Navigation Systems Market Overview

Market Drivers - A surge in cases of joint reconstruction is expected to propel the growth of the orthopedic navigation systems market going forward. Joint reconstruction is a surgical method that involves removing damaged or arthritic joint components and substituting them with artificial implants made of metal, plastic, or ceramic materials. Orthopedic navigation systems offer direction and assess several intraoperative factors during joint replacement or arthroplasty procedures. These are utilized in different types of joint reconstruction surgeries, including total knee arthroplasty, kinematic assessment, hip replacement surgery, and more. For instance, in November 2022, according to the American Joint Replacement Registry (AJRR) annual report published by the American Academy of Orthopedic Surgeons (AAOS), a US-based orthopedic organization, the hip and knee arthroplasty procedural trends in 2022 demonstrated an overall cumulative procedural volume growth of 14% compared to the previous year. Also, the total number of total joint arthroplasty care procedures in 2022 submitted by ASCs (ambulatory surgical centers) has increased by 57% from 2021. Therefore, the surge in cases of joint reconstruction is driving the growth of the orthopedic navigation systems market.

Market Trends - Companies operating in orthopedic navigation systems are increasing their focus on introducing robotic-assisted solutions to gain a competitive edge in the market. A robotic-assisted solution for navigation in orthopedic surgeries refers to the integration of robotic technology with computer-assisted navigation systems to enhance precision and accuracy during surgical procedures related to the musculoskeletal system. For instance, in January 2021, Johnson & Johnson Medical Devices Companies, a US-based pharmaceutical company, obtained 510(k) clearance from the U.S. Food and Drug Administration (FDA), a US-based federal agency, for the VELYS Robotic-Assisted Solution, a first-of-its-kind orthopedic navigation system designed for digital precision in knee replacement surgery. It is used to improve the accuracy and precision of the procedure by tracking the position of surgical instruments and the patient's anatomy in real-time during surgery. It is intended for application in conjunction with the ATTUNE Total Knee System. The system uses advanced planning and special technology to help surgeons make precise bone cuts and position the implant correctly in total knee replacement surgeries, all without requiring pre-operative imaging.

The orthopedic navigation systems market covered in this report is segmented –

1) By Technology: Electromagnetic Localizers, Optical Tracking, Fluoroscopy, MRI (Magnetic Resonance Imaging), Other Technologies 2) By Application: Knee surgery, Spine surgery, Hip surgery, Other Applications 3) By End Users: Hospitals, Ambulatory Surgical Centers, Other End Users

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Regional Insights - North America was the largest region in the orthopedic navigation systems market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the orthopedic navigation systems market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Key Companies - Major companies operating in the orthopedic navigation systems market report are Medtronic Plc, Johnson & Johnson MedTech, Siemens Healthineers, Stryker Corporation, GE Healthcare Technologies Inc., B. Braun Melsungen AG, Zimmer Biomet Holdings Inc., Smith & Nephew PLC, Karl Storz GmbH & Co. KG, NuVasive Inc., Globus Medical Inc., MicroPort Scientific Corporation, Brainlab Medication company, Amplitude Ortho SAS, Augmedics Inc., Stereotaxis Inc., Intellijoint Surgical Inc., OrthAlign Inc., Fiagon GmbH, Kinamed Inc., Orthokey Italia SRL, Ruthless Spine, Image Navigation Inc., Neocis Inc., Proprio Vision

Table of Contents 1. Executive Summary 2. Orthopedic Navigation Systems Market Report Structure 3. Orthopedic Navigation Systems Market Trends And Strategies 4. Orthopedic Navigation Systems Market – Macro Economic Scenario 5. Orthopedic Navigation Systems Market Size And Growth ….. 27. Orthopedic Navigation Systems Market Competitor Landscape And Company Profiles 28. Key Mergers And Acquisitions 29. Future Outlook and Potential Analysis 30. Appendix

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An In-Depth Look at the Growth of Global Surgical Robots Market

The global surgical robots market size is expected to reach USD 7.42 billion by 2030 and is expected to grow at a CAGR of 9.5% from 2024 to 2030, according to a new report by Grand View Research, Inc. Surgical robotic systems are equipped with high-definition cameras and robotic arms, allowing surgeons to perform complicated procedures with enhanced accuracy. The market has grown substantially due to rising demand for minimally invasive surgeries, need for improved surgical outcomes, and continuous evolution of robotic technology. As the healthcare landscape embraces innovation, surgical robots are increasingly becoming a vital tool, revolutionizing surgical approaches and contributing to better patient care.

Moreover, increasing penetration of international players in various regions is expected to boost market growth. COVID-19 outbreak significantly influenced the uptake and integration of surgical robots. Supply chain disruptions and extensive lockdowns across key nations had a notable impact on market growth. An overall decline in surgical procedure volumes due to the pandemic and stringent regulations contributed to the downturn in 2020. As circumstances move closer to pre-pandemic norms, the market is poised for substantial growth.

Gather more insights about the market drivers, restrains and growth of the Surgical Robots Market

Surgical Robots Market Report Highlights

• Based on application, others segment accounted for a revenue share of 44.6% in 2023 due to increased usage of advanced automated instruments in cancer and high demand for minimally invasive laparoscopic surgeries

• Based on end-use, inpatient facilities segment held the largest revenue share of 53.21% in 2023 due to high financial resources and patient volume to justify the investment in costly surgical robotic systems

• North America accounted for the largest revenue share of 49.9% in 2023, owing to the strong presence of international players, a lineup of several U.S. FDA clearance products, ongoing robotics developments, and demand for minimally invasive surgeries to reduce the post-operative period

Browse through Grand View Research's Medical Devices Industry Research Reports.

• The global ophthalmic sutures market size was estimated at USD 467.3 million in 2024 and is projected to grow at a CAGR of 7.2% from 2025 to 2030.

• The global irradiation apparatus market size was estimated at USD 7.89 billion in 2024 and is expected to grow at a CAGR of 6.0% from 2025 to 2030.

Surgical Robots Market Segmentation

Grand View Research has segmented the global surgical robots market based on application, end-use, and region:

Surgical Robots Application Outlook (Revenue, USD Million, 2018 - 2030)

• Orthopedics

o Knee

o Hip

o Spine

o Others

• Neurology

• Urology

• Gynecology

• Others

Surgical Robots End-use Outlook (Revenue, USD Million, 2018 - 2030)

• Inpatient

• Outpatient

Surgical Robots Regional Outlook (Revenue, USD Million, 2018 - 2030)

• North America

o U.S.

o Canada

• Europe

o UK

o Germany

o Italy

o France

o Spain

o Denmark

o Sweden

o Norway

• Asia-Pacific

o China

o Japan

o India

o Australia

o South Korea

o Thailand

• Latin America

o Brazil

o Mexico

o Argentina

• Middle East & Africa

o South Africa

o Saudi Arabia

o UAE

o Kuwait

Order a free sample PDF of the Surgical Robots Market Intelligence Study, published by Grand View Research.

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The Surgical Drills Market is projected to grow from USD 1315 million in 2024 to an estimated USD 2112 million by 2032, with a compound annual growth rate (CAGR) of 6.1% from 2024 to 2032. The surgical drills market plays a crucial role in the medical device industry, supporting a wide array of surgical procedures, particularly in orthopedics, neurology, dental surgeries, and trauma management. These drills have undergone significant technological advancements, catering to the growing demand for precision, efficiency, and patient safety. This article delves into the dynamics of the surgical drills market, exploring its size, drivers, challenges, and future trends.

Browse the full report https://www.credenceresearch.com/report/surgical-drills-market

Market Overview

The global surgical drills market has experienced steady growth in recent years. Valued at approximately USD 1.2 billion in 2023, it is projected to expand at a compound annual growth rate (CAGR) of around 5-7% over the next five years. This growth is fueled by an aging global population, an increase in accident-related trauma cases, and the rising prevalence of chronic conditions requiring surgical intervention, such as arthritis and osteoporosis.

Surgical drills are indispensable tools in modern medicine, enabling precision in procedures like orthopedic surgeries, dental implants, and cranial surgeries. They can be powered by electric, pneumatic, or battery-operated systems, and their application varies from cutting and drilling to shaping and fixing bones or implants.

Key Drivers of Market Growth

1. Rising Surgical Volumes: An increasing number of surgeries, particularly orthopedic and dental procedures, is a primary driver of the market. According to the World Health Organization, over 20-30 million musculoskeletal surgeries are performed globally each year.

2. Technological Advancements: Innovations in surgical drills, such as the integration of robotics, AI, and smart sensors, have enhanced precision and minimized risks. Battery-operated drills with ergonomic designs and higher torque efficiency are gaining popularity.

3. Increasing Trauma and Accident Cases: The growing incidence of road accidents and sports injuries worldwide has escalated the demand for surgical drills. Trauma cases often require immediate surgical intervention, making advanced drills essential.

4. Growing Geriatric Population: As the elderly population grows, so does the prevalence of age-related orthopedic conditions like osteoporosis and arthritis. This demographic shift has significantly increased the need for joint replacement and repair surgeries.

5. Expanding Healthcare Infrastructure: The development of healthcare facilities in emerging markets, coupled with government initiatives to enhance surgical care, is contributing to market growth.

Challenges in the Market

While the surgical drills market shows promising growth potential, it faces certain challenges:

- High Costs: Advanced surgical drills can be expensive, limiting their adoption in low-income regions. - Risk of Infections: Improper sterilization of reusable drills can lead to surgical site infections, prompting a shift toward single-use devices, which add to healthcare costs. - Stringent Regulatory Requirements: Compliance with safety standards and approval processes can delay product launches, hindering market growth.

Future Trends

The surgical drills market is poised for innovation and growth, driven by several emerging trends:

1. Adoption of Robotics and AI: Integration with robotic surgery systems and AI algorithms is enhancing surgical precision and outcomes. 2. Single-Use Drills: Growing concerns over infections are encouraging the adoption of disposable surgical drills. 3. Sustainable Solutions: Manufacturers are focusing on developing eco-friendly products, addressing concerns about medical waste. 4. Customization and Personalization**: The demand for customized drills tailored to specific surgical needs is on the rise. 5. Telemedicine and Training: Virtual platforms for surgical training using advanced drills are gaining traction.

Key Player Analysis:

AlloTech Co., LTD. (South Korea)

Braun Melsungen AG (Germany)

De Soutter Medical (U.K.)

Johnson & Johnson Services, Inc. (U.S.)

Medtronic (Ireland)

NSK/NAKANISHI INC. (Japan)

Stryker (U.S.)

Zimmer Biomet (U.S.)

Segmentation:

By Product 

Instrument

Pneumatic Drill

Electric Drill

Battery Powered Drill

Accessories

By Application 

Orthopedic Surgeries

Dental Surgeries

ENT Surgeries

Others

By End Use 

Hospitals & Clinics

Ambulatory Surgical Centers

Others

By Region

North America

U.S.

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Spain

Rest of Europe

Asia Pacific

China

Japan

India

South Korea

South-east Asia

Rest of Asia Pacific

Latin America

Brazil

Argentina

Rest of Latin America

Middle East & Africa

GCC Countries

South Africa

Rest of the Middle East and Africa

Browse the full report https://www.credenceresearch.com/report/surgical-drills-market

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Credence Research

Please contact us at +91 6232 49 3207

Email: sales@credenceresearch.com

Website: www.credenceresearch.com

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Technological Advances Shaping the Future of Cementless Knee Replacement Solutions

The cementless total knee arthroplasty (TKA) market has witnessed significant growth in recent years due to advancements in orthopedic technologies and an increasing aging population. Unlike traditional knee replacements that use cement to secure implants, cementless TKA uses a press-fit technique where the bone is encouraged to grow into the implant. This approach often leads to greater longevity and improved outcomes, especially for younger, more active patients. The cementless total knee arthroplasty market overview reveals a growing preference for these devices, as they offer increased durability, reduced infection risk, and lower complication rates. As a result, there is rising demand from both patients and healthcare providers.

According to MRFR analysis, the market size for cementless total knee replacement was projected to reach 2.35 billion USD in 2022. The market for cementless total knee replacement is anticipated to increase from 2.53 billion US dollars in 2023 to 4.8 billion US dollars in 2032. The market for cementless total knee replacement is anticipated to expand at a pace of about 7.39% between 2024 and 2032.

Cementless Total Knee Arthroplasty Market Size

The cementless total knee arthroplasty market size is expected to expand significantly, driven by advancements in implant design, material science, and surgical techniques. The global market size was valued at several billion dollars in recent years and is projected to grow at a compound annual growth rate (CAGR) of over 5% from 2023 to 2030. This increase is attributed to the growing prevalence of osteoarthritis and rheumatoid arthritis, which are leading causes of knee pain and disability. As awareness and access to advanced healthcare solutions increase worldwide, the cementless total knee arthroplasty market size will likely see substantial expansion across North America, Europe, and Asia-Pacific, particularly in regions with a high elderly population.

Cementless Total Knee Arthroplasty Market Share

Cementless knee replacements currently hold a significant share of the orthopedic implants market, especially among younger patients and in developed countries. With the increasing preference for long-lasting and biologically compatible implants, the cementless total knee arthroplasty market share is expected to continue growing. Major players in the market include Zimmer Biomet, Stryker, and Smith & Nephew, each striving to capture a larger portion of the market through innovations, collaborations, and strategic expansions. These companies have been developing new materials and designs that promote bone integration and stability. In addition, the entry of new market players and partnerships with healthcare providers has contributed to a more competitive landscape, driving further growth in market share.

Cementless Total Knee Arthroplasty Market Analysis

A detailed cementless total knee arthroplasty market analysis highlights several factors driving this market’s growth. Factors such as the rising incidence of osteoarthritis, improvements in surgical techniques, and increased awareness of cementless knee implants are major growth drivers. Moreover, with a shift towards minimally invasive surgeries and outpatient procedures, cementless TKA options are becoming more accessible and appealing. Additionally, the advancements in 3D printing and personalized implant designs have further optimized implant fit and functionality, enhancing patient satisfaction and outcomes. A thorough cementless total knee arthroplasty market analysis also points to increasing R&D investments as companies look to improve implant performance and reduce revision rates.

Cementless Total Knee Arthroplasty Market Trends

Several cementless total knee arthroplasty market trends are shaping the industry, including the adoption of robotic-assisted surgeries, which allow for greater precision in implant placement, reducing wear and improving outcomes. Personalized implants tailored to an individual’s anatomy through 3D printing technology are also gaining popularity, as they enhance implant fit and longevity. Furthermore, advanced materials like titanium and porous metals are becoming more common, as they promote bone ingrowth and provide a more stable interface. Another emerging trend is the focus on outpatient procedures, as more healthcare providers shift to cost-effective, minimally invasive techniques. These trends indicate a strong growth trajectory for the cementless TKA market in the coming years.

Reasons to Buy the Cementless Total Knee Arthroplasty Market Report

Comprehensive market insights, including market size, growth projections, and competitive landscape analysis.

Detailed segmentation data by product type, material, region, and end-user, aiding strategic planning.

Information on recent technological advancements and innovations in cementless TKA implants.

Insights into market trends and emerging opportunities for key players and new entrants.

Evaluation of regional dynamics to understand growth potential in key markets.

Recent Developments in the Cementless Total Knee Arthroplasty Market

Recent developments in the cementless total knee arthroplasty market include the introduction of new materials that promote bone growth, such as titanium and hydroxyapatite-coated implants. Major companies like Zimmer Biomet and Stryker have also launched new cementless knee systems optimized for robotic-assisted surgeries, improving precision and reducing complications. Additionally, advancements in 3D printing allow for customized implants that better match patient anatomy, leading to better post-surgical outcomes and higher satisfaction rates. Partnerships and acquisitions are further strengthening the market, as companies collaborate with research institutions to innovate and bring next-generation implants to market faster.

Related reports:

automated endoscopy reprocessor market

bacteriological testing market

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AI-based Surgical Robots Market Overview 2025 and Forecast till 2037

The research report on the AI-based Surgical Robots Market is a deep analysis of the market. This is a latest report, covering the current COVID-19 impact on the market. The pandemic of Coronavirus (COVID-19) has affected every aspect of life globally. This has brought along several changes in market conditions. The rapidly changing market scenario and initial and future assessment of the impact is covered in the report. Experts have studied the historical data and compared it with the changing market situations. The report covers all the necessary information required by new entrants as well as the existing players to gain deeper insight.

The report crucially includes the market drivers, restraints, future strategies, and the impact of COVID 19 and other impacts on the AI-based Surgical Robots Market. Additionally, this report includes the market competition and company profiling of the key players. A detailed analysis of each geography is also presented in the report.

Request Free Sample Copy of this Report @ https://www.researchnester.com/sample-request-6464

The market analysis included in the report presents key statistics on the market status of the AI-based Surgical Robots Market manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the AI-based Surgical Robots industry.

How is the Segment 1 landscape described in the report?

In the report, the AI-based Surgical Robots Market is divided into Hardware, Services.

Taking the type landscape into account, the research study offers an in-depth analysis.

In addition to revenue estimates by the end of the forecast period, the report provides the market share of each subsegment.

In the report, detailed analysis is provided of the current and future trends pertaining to Type.

How is the Segment 2 landscape described in the report?

According to the report, the Application spectrum of the AI-based Surgical Robots Market is comprised of General Surgery, Gynecology Surgery, Urologic Surgery, Orthopedic Surgery, Neurosurgery.

Application's target remuneration is illustrated in the study in detail for each sub-segment.

The report presents the market share each sub-segment is expected to achieve during the projected period.

This research study also examines the global industry landscape's growth potential for each sub-segment.

How is the Segment 3 landscape described in the report?

Based on the End use spectrum, the AI-based Surgical Robots Market is categorized into Hospitals, Ambulatory Surgical Centers.

There is a breakdown of the share of each sub-segment in the report.

Each sub-segment in the report will present its annual growth rate.

Moreover, the study provides a thorough analysis of End use trends sweeping the industry spectrum.

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Globally, the AI-based Surgical Robots Market is dominated by the following players:

Asensus Surgical, Inc.

CMR Surgical, Inc.

Intuitive Surgical, Inc.

Medtronic plc

Meere Company Inc.

The report talking about the market analysis area, the report provides a comprehensive obsession in the latest market sitch. Despite of the profits that the business will generate by the end of the forecast duration, the report also checks the latest AI-based Surgical Robots Market positions in smarting of the developing profiles, business segmentation, of the industry, future plans, product specification, pricing and production capability.

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Lower Extremity Implants Market To Reach $16.25 Billion By 2030

The global lower extremity implants market size is anticipated to reach USD 16.25 billion by 2030 and projected to grow at a CAGR of 2.96% from 2024 to 2030, according to a new report by Grand View Research, Inc. Increasing adoption of robotic assisted surgeries is anticipated to boost market growth. In June 2024, Meril, a medical devices company based in Gujarat, launched a surgical robotic technology called MISSO. MISSO will offer real-time support to surgeons during knee replacement procedures. The incorporation of AI in this system has enabled an 83% reduction in pre-operative planning time and has led to enhanced customization.

Increasing participation in sports across the globe is boosting market growth. According to the Aspen Institute report, the rate of sports engagement among Asian children aged 6 to 12 rose to 42% in 2022, an increase from 35% in 2019 prior to the pandemic. Similarly, according to the SGB Media article, the overall participation rate of teams in the U.S. (6 years and older) increased by 3.7% to reach 70.8 million, which matches the level seen in 2019 before the pandemic and represents the highest number of people participating in team sports in the past ten years. As participation in sports and recreational activities grows globally, there is a corresponding rise in sports-related injuries, particularly involving the lower extremities. For instance, the annual injury incidence rate averaged 5.40 injuries per 100,000 participants. Men experienced a higher incidence rate at 6.44 per 100,000 compared to women at 3.34 per 100,000. Sporting activities had an incidence rate of 9.88 per 100,000, which was higher than cycling at 2.81 per 100,000, fitness at 0.21 per 100,000, or walking at 0.03 per 100,000.

The major players operating in the market are adopting strategies such as collaborations, supply agreements, and partnerships with a major focus on enhancing the product formation and reach. Furthermore, increasing knee replacement surgeries are fostering market growth. For instance, the Agency for Healthcare Research and Quality reports that over 600,000 knee replacement surgeries are carried out annually in the U.S. In addition, the increasing funding from government and non-government bodies to develop advanced product is driving market growth. For instance, in June 2022, Towfighian was awarded a USD 2.3 million grant from the National Institutes of Health (NIH) for conducting research on smart knee replacements.

The expansion of health insurance coverage in various regions, including coverage for orthopedic procedures, makes these surgeries more accessible to a broader population. Moreover, rising incidence of chronic diseases such as rheumatoid arthritis are escalating market growth. According  to the 2023 World Obesity Atlas report, more than half of the global population is projected to be overweight or obese by 2035 without significant intervention. In addition, the study published in NIH in 2023 found that obese women experience higher rates of specific types of fractures, such as thigh and ankle fractures, and lower rates of hip and wrist fractures, compared to postmenopausal women of normal weight.

Request a free sample copy or view report summary: Lower Extremity Implants Market Report

Lower Extremity Implants Market Report Highlights

Based on type, the foot & ankle segment led the market with the largest revenue share of 48.88% in 2023, owing to the increasing incidence of foot and ankle fractures

Based on biomaterial, the natural biomaterials segment is anticipated to grow at the fastest CAGR over the forecast period, owing to the rising preference for biocompatible and bioresorbable materials

Based on end use, the ASCs segment is anticipated to grow at the fastest CAGR over the forecast period, owing to the increasing number of ASCs across the globe

North America dominated the market with the revenue share of 48.8% in 2023, due to the presence of key market players. Furthermore, increasing prevalence of chronic diseases will supplement market growth.

Lower Extremity Implants Market Segmentation

Grand View Research has segmented the global lower extremity implants market report based on type, biomaterial, end-use, and region:

Lower Extremity Implants Type Outlook (Revenue, USD Million, 2018 - 2030)

Knee

Hip

Foot & Ankle

Lower Extremity Implants Biomaterial Outlook (Revenue, USD Million, 2018 - 2030)

Metallic Biomaterials

Ceramic Biomaterials

Polymeric Biomaterials

Natural Biomaterials

Lower Extremity Implants End-use Outlook (Revenue, USD Million, 2018 - 2030)

Hospitals

ASCs

Clinics

Lower Extremity Implants Regional Outlook (Revenue, USD Million, 2018 - 2030)

North America

U.S.

Canada

Mexico

Europe

UK

Germany

France

Italy

Spain

Denmark

Sweden

Norway

Asia Pacific

Japan

China

India

South Korea

Australia

Thailand

Latin America

Brazil

Argentina

Middle East & Africa

South Africa

Saudi Arabia

UAE

Kuwait

List of Key Players in the Lower Extremity Implants Market

Stryker

Johnson & Johnson (DePuy Synthes)

Zimmer Biomet

Smith + Nephew

Össur

DJO Global

Acumed, LLC

Arthrex, Inc.

CONMED

Orthofix

[healthcaremarketanalysis]

Orthopedic Braces & Supports Market worth $5.1 billion by 2029

The global orthopedic braces and supports market is projected to reach USD 5.1 billion by 2029, up from USD 3.6 billion in 2023, at a CAGR of 7.2%. We have observed that bracing products are increasingly used in musculoskeletal and soft tissue applications driven by the market availability of lightweight and customizable products and the rising number of sports and other injuries and related orthopedic surgical procedures. These trends are further augmented by the customer shift toward off-the-shelf/OTC products, integration of smart textiles with bracing products (such as glucose or heart rate monitors), and continued reimbursement coverage in prominent markets. Some of the noteworthy start-ups reported in the market include Roam Robotics, Sensoria Health, ActiveOrtho, Orpyx, Myomo, Exos, and Ossur.

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Market Dynamics

 Drivers

Increasing prevalence of orthopedic diseases and disorders

Continuous product commercialization

Growing product affordability and availability

Rising number of sports and accident-related injuries

Growing public awareness about preventive care

 Restraints

Limited patient qualification for bracing-mediated orthopedic treatment

Limited clinical evidence of therapeutic efficacy

 Opportunities

Increased sales of off-the-shelf and online products

Expansion and promotion initiatives by major manufacturers

 Challenges

Significant adoption of pain medication

Product comfort and compliance

By product, the Knee Braces and Supports segment accounted of orthopedic braces & supports industry for the largest share in 2022. Based on products, the global orthopedic braces & supports market is segmented into Knee, Ankle, foot walkers, Hip, Back, and Spine, Shoulder, Elbow, Hand, Wrist, Facial braces and supports. In 2022, the knee braces and supports segment accounted for the largest market share. Rising awareness of proactive health and increased prevalence of musculoskeletal issues fuel the growth of preventive care with braces and supports, offering non-invasive pain relief and injury prevention.

From sports enthusiasts to aging populations, people embrace braces as they provide affordable, comfortable support, reducing strain and promoting long-term joint health.

By Type, the soft and elastic braces type segment of orthopedic braces & supports industry to register significant growth in the near future. Based on type, the orthopedic braces & supports market is divided into soft and elastic braces, hand braces and supports, elbow braces and supports, hinged braces and supports. The demand for soft and elastic orthopedic braces and supports is growing due to the increasing emphasis on comfort and flexibility, making them more suitable for everyday use and promoting patient compliance. Additionally, advancements in materials and design technologies contribute to the development of lightweight yet effective soft braces, catering to a wide range of orthopedic conditions while allowing for greater mobility.

By end user, the hospitals and surgical centers segment of orthopedic braces & supports industry accounted for the largest share in 2022 On the basis of end user, the orthopedic braces & supports market has been segmented into hospitals and surgical centers, orthopedic clinics, pharmacies and retailers, e-commerce platforms and other end users. However, the hospitals and surgical centers segment is estimated to grow at the highest CAGR during the forecast period.

By region, North America is expected to be the largest market of orthopedic braces & supports industry during the forecast period. North America, comprising the US and Canada, accounted for the largest share of the orthopedic braces & supports market in 2022. The faster growth of the orthopedic braces and supports imaging market in North America can be attributed to its technological leadership, robust healthcare infrastructure, high market demand driven by prevalent diseases and an aging population, ample financial resources for advanced medical equipment investment, established regulatory frameworks ensuring safety and quality, active research collaboration, insurance coverage for advanced diagnostics, patient expectations for comprehensive care, and a competitive market environment fostering innovation.

As of 2022, prominent players in the market are 3M (US), Essity (Sweden), DJO LLC (US), Ossur HF (Iceland), Breg, Inc. (US), Bauerfeind AG (Germany), Devicor Medical Products, Inc., (Leica Biosystems) (Germany), Hologic, Inc. (US), Argon Medical Devices (US), Zimmer Biomet (US), Ottobock Healthcare (Germany), Thuasne (France), ALCARE Co., Ltd (Japan), Nippon Sigmax (Japan), Bird & Cronin (US), DeRoyal Industries (US), medi GmbH (Germany), and Foundation Wellness (US)

Recent Developments of Orthopedic Braces & Supports Industry: In January 2022, Össur announced the launch of the ReLeaf Active knee brace, designed to provide pain relief and support for patients with osteoarthritis. The brace features a unique hinge design that mimics the natural movement of the knee, and it is made from lightweight, breathable materials for comfort. In August 2022, DonJoy announced the launch of the Vizor 120 ankle brace, a lightweight and comfortable brace that provides support and stability for patients with ankle sprains. The brace features a unique air-filled pad that conforms to the shape of the ankle, and it is made from breathable materials to keep the foot cool and dry.

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Digital Commerce Platform Market Developments, Trends & Opportunities till 2032

Digital Commerce Platform Market provides in-depth analysis of the market state of Digital Commerce Platform manufacturers, including best facts and figures, overview, definition, SWOT analysis, expert opinions, and the most current global developments. The research also calculates market size, price, revenue, cost structure, gross margin, sales, and market share, as well as forecasts and growth rates. The report assists in determining the revenue earned by the selling of this report and technology across different application areas.

Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Digital Commerce Platform in these regions till the forecast period

North America

Middle East and Africa

Asia-Pacific

South America

Europe

Key Attentions of Digital Commerce Platform Market Report:

The report offers a comprehensive and broad perspective on the global Digital Commerce Platform Market.

The market statistics represented in different Digital Commerce Platform segments offers complete industry picture.

Market growth drivers, challenges affecting the development of Digital Commerce Platform are analyzed in detail.

The report will help in the analysis of major competitive market scenario, market dynamics of Digital Commerce Platform.

Major stakeholders, key companies Digital Commerce Platform, investment feasibility and new market entrants study is offered.

Development scope of Digital Commerce Platform in each market segment is covered in this report. The macro and micro-economic factors affecting the Digital Commerce Platform Market

Advancement is elaborated in this report. The upstream and downstream components of Digital Commerce Platform and a comprehensive value chain are explained.

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Innovative Technologies Drive Medical Robotics Market to 15.69% CAGR from 2024 to 2032

Introduction

The Medical Robotics Market has experienced substantial growth over the past decade, revolutionizing the healthcare industry with advanced technologies and innovative solutions. As we delve into the Medical Robotics Industry, it is essential to understand the factors driving this market, the current trends, and the outlook. This article provides an in-depth Medical Robotics Market analysis, exploring its size, growth potential, and the impact it has on modern healthcare.

Understanding the Medical Robotics Industry

The Medical Robotics Industry encompasses a wide range of robotic systems designed for various medical applications, including surgery, rehabilitation, diagnosis, and patient care. These sophisticated machines enhance precision, reduce human error, and improve patient outcomes. Medical robots are used in minimally invasive surgeries, complex procedures, and routine tasks, making healthcare more efficient and effective.

The market is segmented based on product type, application, end-user, and region. Key product types include surgical robots, rehabilitation robots, non-invasive radiosurgery robots, hospital and pharmacy automation robots, and others. Applications span across neurosurgery, orthopedics, laparoscopy, pharmacy, and physical therapy. Hospitals, clinics, research institutions, and ambulatory surgical centers are the primary end-users.

Medical Robotics Market Size and Growth

The Medical Robotics Market size has been expanding rapidly. According to recent Medical Robotics Market research reports, Medical Robotics Market size was valued at USD 11.67 billion in 2022. The Medical Robotics Market industry is projected to grow from USD 13.19 billion in 2024 to USD 52.41 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 15.69% during the forecast period (2024 - 2032). This exponential growth can be attributed to several factors:

Technological Advancements: Continuous innovation in robotics technology, including artificial intelligence (AI), machine learning, and advanced sensors, has significantly enhanced the capabilities of medical robots. These advancements have led to increased adoption in various medical fields.

Increasing Demand for Minimally Invasive Surgeries: Minimally invasive procedures, which offer benefits such as reduced pain, shorter hospital stays, and quicker recovery times, are becoming more popular. Medical robots play a crucial role in performing these procedures with high precision and control.

Rising Geriatric Population: The aging global population has led to an increased prevalence of chronic diseases and a higher demand for surgical interventions and rehabilitation services. Medical robots are essential in addressing these healthcare needs efficiently.

Growing Investment in Healthcare Infrastructure: Governments and private entities are investing heavily in healthcare infrastructure, including the adoption of advanced robotic systems, to improve patient care and outcomes.

Key Players and Competitive Landscape

The Medical Robotics Market is highly competitive, with several key players dominating the industry. Companies such as Intuitive Surgical, Stryker Corporation, Health Robotics S.R.L and Zimmer Biomet are at the forefront of innovation and market share. These companies continuously invest in research and development to introduce cutting-edge robotic systems and maintain a competitive edge.

Medical Robotics Market Analysis: Regional Insights

Geographically, the Medical Robotics Market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa.

North America holds the largest market share, attributed to the presence of leading market players, advanced healthcare infrastructure, and high adoption rates of medical robots. The United States, in particular, is a major contributor to the market's growth.

Europe is the second-largest market, with significant contributions from countries like Germany, France, and the United Kingdom. The region's strong emphasis on research and innovation in medical technology drives the market.

Asia-Pacific is expected to witness the highest growth rate during the forecast period. The increasing healthcare expenditure, growing awareness about advanced medical technologies, and a rising number of healthcare facilities contribute to this growth. Countries such as China, Japan, and India are key players in the region.

Trends Shaping the Medical Robotics Market

Several trends are shaping the future of the Medical Robotics Market:

Integration of AI and Machine Learning: The incorporation of AI and machine learning algorithms enhances the capabilities of medical robots, enabling them to perform complex tasks with greater accuracy and efficiency. These technologies also facilitate predictive analytics, improving decision-making in clinical settings.

Telemedicine and Remote Surgery: The COVID-19 pandemic has accelerated the adoption of telemedicine and remote surgery. Medical robots equipped with telecommunication capabilities allow surgeons to perform procedures from remote locations, increasing accessibility to specialized care.

Robotic Assistance in Rehabilitation: Rehabilitation robots are gaining traction in physical therapy and recovery. These robots assist patients in regaining mobility and strength, providing personalized therapy sessions based on real-time feedback.

Development of Cost-Effective Solutions: While advanced medical robots are expensive, ongoing research aims to develop cost-effective solutions without compromising quality and performance. This trend will make medical robots more accessible to a broader range of healthcare providers.

Challenges and Opportunities

Despite its promising growth, the Medical Robotics Market faces certain challenges. High costs associated with robotic systems and the need for specialized training for healthcare professionals are significant barriers. Additionally, concerns about data security and patient privacy need to be addressed, especially with the increasing use of AI and telemedicine.

However, these challenges present opportunities for innovation and growth. Developing affordable robotic solutions, enhancing training programs, and implementing robust cybersecurity measures can mitigate these challenges. Moreover, expanding the applications of medical robots in emerging fields such as personalized medicine and regenerative medicine opens new avenues for market growth.

Medical Robotics Market Forecast

Looking ahead, the Medical Robotics Market is poised for remarkable growth. According to various Medical Robotics Market research reports, the market will continue to expand, driven by technological advancements, increasing demand for minimally invasive procedures, and rising healthcare investments.

The integration of AI and machine learning will further enhance the capabilities of medical robots, making them indispensable in modern healthcare. The development of cost-effective solutions and the expansion of applications in emerging medical fields will create new opportunities for market players.

The Medical Robotics Market is transforming healthcare, offering innovative solutions that enhance precision, efficiency, and patient outcomes. With continuous advancements in technology and increasing adoption across various medical fields, the market is set to experience significant growth in the coming years. Comprehensive Medical Robotics Market analysis, including insights into market size, key players, regional trends, and future forecasts, provides valuable information for stakeholders and investors. As the Medical Robotics Industry continues to evolve, it holds the promise of revolutionizing healthcare and improving the quality of life for patients worldwide.

[soumyafwr]

https://app.socie.com.br/read-blog/155184_orthopedic-surgical-robotic-devices-market-share-overview-competitive-analysis-a.html

Orthopedic Surgical Robotic Devices Market Share, Overview, Competitive Analysis and Forecast 2031

[wellnessweb]

Understanding the Global Electrosurgery Market Size

The Electrosurgery Market size was estimated at USD 6.5 billion in 2023 and is expected to reach USD 10.75 billion by 2031 with a growing CAGR of 6.5% over the forecast period of 2024-2031.The Electrosurgery market is a dynamic landscape where technological advancements intersect with the evolving needs of medical professionals worldwide. Utilizing high-frequency electrical currents to cut, coagulate, and seal tissues during surgical procedures, Electrosurgery represents a cornerstone of modern surgical practice, offering precision and efficiency. As demand grows for minimally invasive techniques, Electrosurgery continues to innovate, integrating with robotics and imaging technologies to enhance procedural outcomes and patient recovery. Market dynamics reflect a burgeoning interest in safety, efficacy, and cost-effectiveness, driving research into novel electrode designs and energy delivery systems.

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Market Scope & Overview

To support the report's estimates of the overall market position, market development possibilities, potential bottlenecks, current industry trends, and future trends, authentic statistics are used. To mention a few, the worldwide Electrosurgery Market  report study investigations evaluate a variety of critical aspects such as market expansion, product success, and investment in a developing market. Market research reveals current and future market trends. The competition study takes into account all new product releases, product extensions, agreements, joint ventures, collaborations, and acquisitions.

The Electrosurgery Market  study also includes a competitor list and analysis, as well as a strategic industry analysis of the key market dynamics.

Market Segmentation Analysis

By Product

Electrosurgical Instruments

Electrosurgical Generators

Electrosurgical Accessories

Smoke Evacuation Systems

By Surgery

General Surgery

Obstetric/Gynecological Surgery

Orthopedic Surgery

Cardiovascular Surgery

Oncological Surgery

Cosmetic Surgery

Urological Surgery

NeuroSurgery

Other Surgeries

By End User

Hospitals, Clinics, and Ablation Centers

Ambulatory Surgical Centers

Research Laboratories and Academic Institutes

COVID-19 Impact Analysis

According to the Electrosurgery Market  research report, the COVID-19 pandemic has created a number of market hurdles, opportunities, and factors that are expected to have an impact on future business success.

Regional Outlook

All of the world's major regional markets are included in the Electrosurgery Market  study analysis. The study delves deeply into the Middle East and Africa, Asia Pacific, North America, Latin America, and Europe. This research digs into regional analysis in light of the current situation of the market, current trends, and recent achievements.

Competitive Analysis

The research report contains great data, projections for the future, and in-depth market assessments on a national and global basis. The market study includes a list of important competitors, tactical recommendations, and an analysis of the major industry determinants. The Electrosurgery Market research report examines new revenue pockets, legislative changes, market growth in specific categories, and dominance in specific application niches, as well as product approvals, product launches, geographic expansions, and technical advancements.

Key Reasons to Purchase Electrosurgery Market  Report

The report includes definitions, categories, and applications of the market, as well as a SWOT analysis of the industry's drivers and restraints.

The report examines current trends, import-export analysis, production analysis, value chain optimization, market share, and the impact of domestic and foreign market rivals.

Report Conclusion

You can utilize the authentic data in the research report to make informed business decisions that benefit the market.

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