North America Orthopedic Navigation Systems Market Showing Impressive Growth by 2031 | Industry Trends, Share, Size, Top Key Players Analysis and Forecast Research

The North America orthopedic navigation systems market was valued at US$ 981.11 million in 2022 and is expected to reach US$ 2,937.59 million by 2030; it is estimated to register a CAGR of 14.7% from 2022 to 2030.

In minimally invasive spine surgery (MISS), use of computer-assisted navigation technology allows surgeons to better visualize bone and soft tissue anatomy through limited minimally invasive surgery (MIS) incisions. In addition, due to smaller incisions, postoperative wound healing takes longer in conventional surgeries than in MIS. Interest in MISS increases tremendously as its core principle is to minimize insertion-related injuries while achieving similar results to traditional open spine procedures. With technical and technological advances, MISS can expand its utility to simple spinal stenosis and complex spinal pathologies such as metastasis, trauma, or spinal deformity in adults.

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In August 2023, Orthofix Medical Inc. announced the full commercial launch and successful completion of the first cases in the US with the 7D FLASH Navigation System Percutaneous Module 2.0. The system enables Orthofix to continue to operate MIS for the spine. Speed, accuracy, and efficiency of image processing technology are expected to provide significant economic added value and reduced radiation exposure for staff and patients in open procedures. This launch expands the clinical functionality and utility of the navigation system by providing surgeons with a fully integrated procedural solution for MIS, including implant planning and an expanded suite of navigated tools.

MARKET INTRODUCTION

The North America orthopedic navigation system market is segmented into the US, Canada, and Mexico. The region holds a significant share of the global market due to growing acceptance of the latest medical device technologies and increasing incidence of spinal disorders. Moreover, the rising prevalence of chronic diseases, upsurging number of sports injury cases, and increasing number of orthopedic procedures and ailments, especially among aging population, propel the market growth. In addition, the Mexican medical tourism sector is likely to offer lucrative opportunities to the orthopedic navigation system market in the region.

List of Companies Profiled in the North America Orthopedic Navigation Systems market Report are:

• DePuy Synthes Inc
• Smith & Nephew Plc
• Siemens Healthineers AG
• B Braun SE
• Stryker Corp
• Medtronic Plc
• Zimmer Biomet Holdings Inc
• Metronor AS
• Naviswiss AG

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Key Segmentation:

North America Orthopedic Navigation Systems Market Segmentation

The North America orthopedic navigation systems market is segmented based on technology, application, end user, and country.

Based on technology, the North America orthopedic navigation systems market is segmented into electromagnetic, optical, and others. The electromagnetic segment held the largest share in 2022.

Based on application, the North America orthopedic navigation systems market is segmented into knee, hip, spine, and others. The knee segment held the largest share in 2022.

Based on end user, the North America orthopedic navigation systems market is segmented into membrane hospitals, ambulatory surgical centers, and others. The hospitals segment held the largest share in 2022.

Based on country, the North America orthopedic navigation systems market is categorized into the US, Canada, and Mexico. The US dominated the North America orthopedic navigation systems market in 2022.

Table of Contents

1. Introduction
1.1 Business Market Insights Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Market Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Secondary Research
3.2 Primary Research
3.2.1 Hypothesis formulation:
3.2.2 Macro-economic factor analysis:
3.2.3 Developing base number:
3.2.4 Data Triangulation:
3.2.5 Country level data:
4. North America Orthopedic Navigation Systems Market Landscape
4.1 Market Overview
4.2 Porter's Five Forces Analysis
4.2.1 Bargaining Power of Suppliers
4.2.2 Bargaining Power of Buyers
4.2.3 Threat of New Entrants
4.2.4 Competitive Rivalry
4.2.5 Threat of Substitutes
4.3 Ecosystem Analysis
4.3.1 Raw Material Suppliers
4.3.2 Manufacturers
4.3.3 Distributors/Suppliers
4.3.4 End Users
5. North America Orthopedic Navigation Systems Market - Key Market Dynamics
5.1 Growth Drivers
5.1.1 Increasing demand for minimally invasive surgeries
5.1.2 Aging population and More...

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