Orthopedic Medical Robots Market Witnessing Phenomenal Growth in 2025 | Key Player Analysis: Medtronic, Intuitive Surgical, Ekso Bionics, Zimmer Biomet, Wright Medical Group
Orthopedic Medical Robots Market 2025 By Product, Distribution Channel, Technology, Key Manufacturers | The Insight Partners
The global orthopedic medical robots market is expected to reach US$ 2,110.69 Mn in 2025 from US$ 375.49 in 2017. The market is estimated to grow with a CAGR of 24.1% from 2018-2025.
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The Orthopedic Medical Robots Market report aims to provide a 360-degree view of the market in terms of cutting-edge technology, key developments, drivers, restraints and future trends with impact analysis of these trends on the market for short-term, mid-term and long-term during the forecast period. Further, the report also covers key players profiling with detailed SWOT analysis, financial facts and key developments of products/service from the past three years.
Major Key Players
1. Ekso Bionics
2. Intuitive Surgical
5. Smith & Nephew
6. Wright Medical Group N. V
7. Zimmer Biomet
8. General Electric
9. Think Surgical Inc
The orthopedic medical robots are the devices that refers to the robotic systems and equipment used in medical institutions to aid physicians in an orthopedic surgery as well as post-surgical care and rehabilitation. Moreover, the automated guided vehicles also serves as lifting aids during surgical and assistive care procedures. In addition, orthopedic medical robots helps to eliminate the need for repetitive human assistance and helps a patient to be independent. Advances have been made in the development of robotic exoskeletons, which are lightweight wearable devices that assist in limb and hand movements. The report would be of an interest to various stakeholders operating in the orthopedic medical robots market. These stakeholders include manufacturing companies, dealer companies, supplier companies, wholesalers, hospitals, and others.
Global orthopedic medical robots market, based on product was segmented into systems and instrument & accessories. In 2017, instrument & accessories segment held the largest share of the market, by product. Whereas, the shoulder systems is reported to be the fastest growing of the market owing demand for the robotic systems in the orthopedic sector is very high due to benefits offered by these products. The companies offers innovative products for knee surgeries and other orthopedic procedures. Moreover, demands for the artificial replacement of joints is rising rapidly by the baby boomers. Market players such as Stryker and Smith & Nephew are involved in developments of the robots. Stryker is one of the key leading players in orthopedic robotic systems due to its flagship robotic system, Mako robotic arm that served as a pioneer for robot-assisted whole-knee operations. Thus, owing to these factors the rise in the segment for the orthopedic medical robots market is likely to enhance the growth of the market in the coming years.
The Orthopedic Medical Robots Market report is a combination of qualitative as well as quantitative analysis which can be broken down into 40% and 60% respectively. Market estimation and forecasts are presented in the report for the overall global market from 2017 - 2025, considering 2017 as the base year and 2018 - 2025 forecast period. Global estimation is further broken down by segments and geographies such as North America, Europe, Asia-Pacific, Middle East & Africa and South America covering major 16 countries across the mentioned regions. The qualitative contents for geographical analysis will cover market trends in each region and country which includes highlights of the key players operating in the respective region/country, PEST analysis of each region which includes political, economic, social and technological factors influencing the growth of the market.
Reason to Buy
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Orthopedic medical robots Market
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the Orthopedic medical robots Market, thereby allowing players to develop effective long term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
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