Global Orthopedic navigation systems Market Size study, by Technology (Electromagnetic, Optical, Others) by End Use [Hospitals, Ambulatory Surgical Centers (ASCs)] by Application (Knee, Hip, Spine) and Regional Forecasts 2021-2027

Global Orthopedic navigation systems Market Size study, by Technology (Electromagnetic, Optical, Others) by End Use [Hospitals, Ambulatory Surgical Centers (ASCs)] by Application (Knee, Hip, Spine) and Regional Forecasts 2021-2027

Global Orthopedic navigation systems Market is valued approximately USD 1.92 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 13.74% over the forecast period 2021-2027. Orthopedic navigation systems are primarily used to provide the surgeons with the valuable insights of the real-time feedback on various surgeries performed, which in turn helps them to modify their surgical procedures for the effective operations thus preventing the chances of error during the same. Increasing incidences of joint reconstructions and rising geriatric population coupled with orthopedic disorders are factors contributing to the market growth. For instance: According to the World Bank, the geriatric population in 2017 was about 8.648 % which increased rapidly and reached to approximately 8.876 % by 2018 and 9.32%, in the year 2020. However, High operational cost impedes the growth of the market over the forecast period of 2021-2027. Also, Higher investment towards healthcare and rising awareness towards minimally invasive procedures is likely to increase the growth of the market in the forecasting period.

The regional analysis of global Orthopedic navigation systems market includes Asia Pacific, North America, Europe, Latin America and Rest of the World for analysis and estimation. Asia Pacific is the leading region across the world in terms of market share owing to advancement in surgical methods and rising geriatric population. Whereas Europe is also anticipated to exhibit highest growth rate over the forecast period 2021-2027. Factors such as entry of new players, new product launches and funding in research projects for introduction of innovative solutions. would create lucrative growth prospects for the Orthopedic navigation systems market across European region.

Major market player included in this report are:
B. Braun Melsungen AG
Stryker Corporation
Medtronic Plc
Smith+Nephew Plc
Johnson & Johnson Services, Inc. (DePuy Synthes)
Zimmer Biomet
Amplitude Surgical
Kinamed, Inc.
Globus Medical Inc
OrthAlign Inc




The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Technology:
Electromagnetic
Optical
Others
By End Use:
Hospitals
Ambulatory Surgical Centres (ASCs)
By Application:
Knee
Hip
Spine
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019
Base year – 2020
Forecast period – 2021 to 2027

Target Audience of the Global Orthopaedic navigation systems Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Companies Mentioned

B. Braun Melsungen AG
Stryker Corporation
Medtronic Plc
Smith+Nephew Plc
Johnson & Johnson Services, Inc. (DePuy Synthes)
Zimmer Biomet
Amplitude Surgical
Kinamed, Inc.
Globus Medical Inc
OrthAlign Inc