openPR Logo
Press release

The Orthopedic Surgical Robots Market to foresee growth in the next 10 years

03-01-2021 08:26 AM CET | Health & Medicine

Press release from: Persistence Market Research

Orthopedic surgical robots have gained immense popularity over the years. Consistent advancements in the technology for orthopedic surgical robots, the availability of orthopedic surgical robots across the globe, and increase in government funding and investments by manufacturers for the development of orthopedic surgical robots are among the primary factors that are anticipated to fuel the demand for orthopedic surgical robots during the forecast period.

According to the latest research by PMR, the global orthopedic surgical robots market is expected to account for more than US$ 4,100 million in terms of value by the end of 2029. The orthopedic surgical robots market report also projects a significant growth potential with an anticipated average Y-o-Y growth rate of nearly 13% during the forecast period.

Get Sample Copy of Report @ https://www.persistencemarketresearch.com/samples/28777

Company Profile

Intuitive Surgical, Inc.
Stryker Corporation
Medtronic Plc.
Zimmer Biomet
Globus Medical, Inc.
Smith & Nephew plc.
Mazor Robotics
Accuracy Incorporated
Wright Medical Group N.V.
Johnson & Johnson Services, Inc.
With increasing emphasis on value-based outcomes and reducing costs associated with hospital stays, the benefits offered to patients by procedures carried out using orthopedic surgical robots have the potential to help this cause. Orthopedic surgical robots are associated with advantages such as better visualization of the operating field and lessened tremor.

In some of these procedures using orthopedic surgical robots, the advantages also include less blood loss, lower conversion rates, and shorter hospital stays. However, more randomized trials are required to establish the cost-effectiveness of these systems in a hospital setting.

The drive to lower down the hospital costs related to orthopedic surgeries across the globe and the improved efficiency provided by orthopedic surgical robots is expected to boost the growth of the orthopedic surgical robots market during the forecast period.

In what has so far been a monopoly market with intuitive surgical standing strong, the recent years have shown the orthopedic surgical robots market to be dynamic with the launch of competitor products that are set to rival the da Vinci robotic surgical systems.

Get To Know Methodology of Report @ https://www.persistencemarketresearch.com/methodology/28777

The launch of several other orthopedic surgical robots have been scheduled. As newer products enter the market, the penetration of orthopedic surgical robots in hospitals is expected to increase, along with an increase in the indications for which these systems can be used, and this factor is expected to fuel the demand for orthopedic surgical robots during the forecast period.

With constant advancements in the healthcare industry, the need for automation has been consistently on the rise. Orthopedic surgical robots fulfil the need for automation while performing a surgery and have various advantages such as less post-operative pain, decreased blood loss, and the lower risk of complications and infections.

These automated orthopedic surgical robots increase dexterity and provide efficient representations of the body parts. Thus, they shorten the recovery time as well as aid surgeons while working on an inaccessible part of the body. These advancements in orthopedic surgical robots provide the capability to replicate the sensation and tactile feel.

Furthermore, automation provides the surgeon improved precision and appropriate judgment during surgery. Increase in the need for automation in the healthcare sector, majorly for orthopedic surgeries, is expected to boost the growth of the orthopedic surgical robots market during the forecast period.

On the contrary, orthopedic surgical systems represent a technological change as compared to conventional laparoscopic and open surgical procedures. Structured training programs allows the development of the basic skill sets that are required to carry out these procedures.

Access Full Report @ https://www.persistencemarketresearch.com/checkout/28777

However, to help surgeons achieve competence as well as to ensure more patient safety, the development of a standardized training curriculum and accreditation guidelines will be useful. Lack of skillsets among orthopedic surgeons for the use of orthopedic surgical robots across various regions is likely to limit opportunities for the adoption of orthopedic surgical robots, which is likely to hamper the growth of the orthopedic surgical robots market throughout the forecast period.

Furthermore, high costs associated with orthopedic surgical robots are also likely to hamper the adoption of orthopedic surgical robots in developing regions, majorly middle- and low-income countries, which is likely to further restrain the growth of the orthopedic surgical robots market during the forecast period.

Persistenc Market Research has segmented the global orthopedic surgical robots market based on product type, applications, end use, and region. By product type, the orthopedic surgical robots market is segmented into orthopedic surgical robots disposables and orthopedic surgical robots systems. By end-use segment, the orthopedic surgical robots market is segmented into ambulatory surgical centers, hospitals, and specialty clinics. By application, the orthopedic surgical robots market is segmented into total knee replacement, partial knee replacement, MIS fusion, and other indications.

Naved Beg
Persistence Market Research
Address – 305 Broadway, 7th Floor New York City,
NY 10007 United States
U.S. Ph. – +1-646-568-7751
USA-Canada Toll-free – +1 800-961-0353
Sales – sales@persistencemarketresearch.com

Persistence Market Research, as a 3rd-party research organization, does operate through an exclusive amalgamation of market research and data analytics for helping businesses ride high, irrespective of the turbulence faced on the account of financial/natural crunches.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release The Orthopedic Surgical Robots Market to foresee growth in the next 10 years here

News-ID: 2249843 • Views:

More Releases from Persistence Market Research

Plastic Liner Market to Reach US$ 6.67 Bn by 2030, Expanding at 4.7% CAGR - Persistence Market Research
Plastic Liner Market to Reach US$ 6.67 Bn by 2030, Expanding at 4.7% CAGR - Pers …
➤ Overview of the Market The global plastic liner market has gained steady traction across multiple industries due to its cost-effectiveness, versatility, and protective characteristics. Plastic liners are widely used in agriculture, mining, construction, waste management, and packaging industries, where they serve as an essential barrier to prevent leakage, contamination, and material loss. These liners are manufactured using materials such as polyethylene (PE), polypropylene (PP), and PVC, offering superior resistance to
Returnable Plastic Crate Market to Reach US$ 2,665.1 Million by 2030 Fueled by Sustainability and Supply Chain Efficiency
Returnable Plastic Crate Market to Reach US$ 2,665.1 Million by 2030 Fueled by S …
➤ Overview of the Market The global returnable plastic crate market is gaining momentum as industries seek cost-effective and sustainable packaging solutions. These crates are widely used for transporting and storing perishable goods, beverages, pharmaceuticals, and industrial products due to their durability, stackability, and reusability. The shift from single-use packaging to eco-friendly alternatives has accelerated the adoption of returnable plastic crates across sectors. The market, valued at US$ 1,820.0 million in
US Thermal Power Market Expected to Reach US$ 251.9 Mn by 2031 with 2.4% CAGR Growth - Persistence Market Research
US Thermal Power Market Expected to Reach US$ 251.9 Mn by 2031 with 2.4% CAGR Gr …
➤Overview of the Market The US thermal power market plays a crucial role in the nation's energy mix, serving as a stable and reliable source of electricity despite the rise of renewables. Thermal power plants in the US rely primarily on coal, natural gas, and oil to generate electricity, with natural gas emerging as the dominant fuel source due to its affordability, efficiency, and lower carbon footprint compared to coal. According
Europe Medical Plastic Market to Reach US$ 17 Bn by 2032 Driven by Rising Healthcare Demand
Europe Medical Plastic Market to Reach US$ 17 Bn by 2032 Driven by Rising Health …
➤Overview of the Market The Europe medical plastic market is undergoing robust growth, fueled by increasing demand for lightweight, durable, and cost-effective materials in the healthcare sector. Medical plastics are widely used in devices, surgical instruments, diagnostic tools, implants, and packaging due to their high biocompatibility, versatility, and resistance to sterilization methods. With healthcare systems across Europe investing heavily in modernization and patient safety, the adoption of medical-grade plastics has gained

All 5 Releases


More Releases for Orthopedic

Orthopedic Power Tools: A Leading Driver Behind Rising Prevalence Of Orthopedic …
Stay ahead with our updated market reports featuring the latest on tariffs, trade flows, and supply chain transformations. What Will the Orthopedic Power Tools Industry Market Size Be by 2025? There has been a robust expansion in the market size of orthopedic power tools in the past few years. The market value is predicted to escalate from $1.39 billion in 2024 to $1.48 billion in 2025, progressing at a compound annual growth
Cranial Molding Helmet Market | Ballert Orthopedic, Becker Orthopedic, BioSculpt …
The global cranial molding helmet market report is a comprehensive report that provides a detailed analysis of the current status and future trends of the cranial molding helmet market worldwide. This report provides valuable information to industry stakeholders by offering an in-depth perspective on market dynamics, competitive landscape, growth opportunities, and key challenges faced by industry participants. From the perspective of market dynamics, this report explores the factors driving the growth
Cranial Remolding Orthoses Market | Ballert Orthopedic, Becker Orthopedic, BioSc …
The global cranial remolding orthoses market report is a comprehensive report that provides a detailed analysis of the current status and future trends of the cranial remolding orthoses market worldwide. This report provides valuable information to industry stakeholders by offering an in-depth perspective on market dynamics, competitive landscape, growth opportunities, and key challenges faced by industry participants. From the perspective of market dynamics, this report explores the factors driving the growth
Orthopedic Bracing and Support Devices Market - Enhancing Lives, Empowering Reco …
Newark, New Castle, USA: The "Orthopedic Bracing and Support Devices Market" provides a value chain analysis of revenue for the anticipated period from 2022 to 2030. The report will include a full and comprehensive analysis of the business operations of all market leaders in this industry, as well as their in-depth market research, historical market development, and information about their market competitors Orthopedic Bracing and Support Devices Market: https://www.growthplusreports.com/report/orthopedic-bracing-and-support-devices-market/7841 This latest report
Orthopedic Devices Market - Restoring Mobility, Restoring Life: Orthopedic Devic …
Newark, New Castle, USA: The "Orthopedic Devices Market" provides a value chain analysis of revenue for the anticipated period from 2021 to 2031. The report will include a full and comprehensive analysis of the business operations of all market leaders in this industry, as well as their in-depth market research, historical market development, and information about their market competitors Orthopedic Devices Market: https://www.growthplusreports.com/report/orthopedic-devices-market/7687 This latest report researches the industry structure, sales, revenue,
Veterinary Orthopedic Implants Market - Pioneering Mobility for Pets with Orthop …
Newark, New Castle, USA - new report, titled Veterinary Orthopedic Implants Market The report has been put together using primary and secondary research methodologies, which offer an accurate and precise understanding of the Veterinary Orthopedic Implants market. Analysts have used a top-down and bottom-up approach to evaluate the segments and provide a fair assessment of their impact on the global Veterinary Orthopedic Implants market. The report offers an overview of