Orthopedic Medical Robots Market to Expand at a CAGR of 24.1% from 2018 to 2025 - Leading Players Smith & Nephew, Stryker, Medtronic, intuitive Surgical, Ekso Bionics, Zimmer Biomet, Wright Medical Group N.V., General Electric and THINK Surgical

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. The report highlights the trends prevalent in the global orthopedic medical robots market and the factors driving the market.

The top 10 industry players operating in the orthopedic medical robots market includes Smith & Nephew, Stryker, Medtronic, intuitive Surgical, Ekso Bionics, Zimmer Biomet, Wright Medical Group N.V., General Electric, THINK Surgical and OMNI among others.

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Key Benefits-

• To provide detailed information regarding the major factors (drivers, restraints, opportunities, challenges, and trends) influencing the growth of the global Orthopedic Medical Robots Market
• To forecast the size of the market segments with respect to four major regional segments, namely, North America, Europe, Asia Pacific, and the Rest of the World (Latin America and the Middle East & Africa).

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 market for orthopedic medical robots market is expected to grow due to as increasing number of musculoskeletal diseases, rise in funds allocated for medical robotics research and technological developments in orthopedic surgical robots are expected to be the prominent drivers of the global orthopedic medical robots market. However, high costs and safety concerns associated with the robotic systems are likely to refrain the growth of market to a certain extent.

The report segments the global orthopedic medical robots market as follows:

Global Orthopedic Medical Robots Market - By Product

• Systems
• Instruments & Accessories

Global Orthopedic Medical Robots Market - By Anatomy

• Upper Extremities
• Hand
• Elbow
• Wrist
• Shoulder
• Lower Extremities
• Knee
• Foot & Ankle
• Hips
• Others
• Others

Global Orthopedic Medical Robots Market - By Application

• Surgery
• Rehabilitation
• Others

Global Orthopedic Medical Robots Market - By End User

• Hospitals
• Orthopedic Clinics
• Ambulatory Surgical Centers

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What our report offers:

• 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, 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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This release was published on openPR.