Computer-Assisted Orthopedic Surgery Market is Expected to Reach US$ 4.27 Billion by 2034 | Fact.MR Report

The global computer-assisted orthopedic surgery market is studied to attain a value of US$ 1.5 billion in 2024 and then projected to grow at a fantastic CAGR of 11% CAGR to reach a value of US$ 4.27 billion by the end of 2034.

The computer-assisted orthopedic surgery market is growing substantially because of increasing demand for minimally invasive procedures and technological advancements. In orthopedic procedures, including joint replacement and spinal surgery, these medical robotic systems enhance precision, reduce recuperation time, and enhance patient outcomes.

One of the latest advances in this area is the introduction of computer-assisted surgical systems, such as the MAKO Surgical System and ROSATM Surgical System, which offer surgeons real-time images and haptic feedback to facilitate more accurate bone cutting and implant positioning. The addition of machine learning and artificial intelligence (AI) to surgical computers is broadening their functionality to provide better intraoperative decision support and preoperative planning.

Through the examination of potential challenges during surgery, AI-powered analytics enable surgeons to make more informed decisions in real time. Demand for AI-equipped robotic systems is expected to increase as orthopedic surgeons embrace these technologies increasingly, positioning the computer-assisted orthopedic surgery market for future development and innovation in minimally invasive surgeries.

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Key Takeaways from Market Study:

The Computer-assisted Orthopedic Surgery Market is valued at US$ 1.5 billion in 2024, with rapid technological advancements driving its expansion in the coming years.
By 2034, the market is forecasted to reach US$ 4.27 billion, reflecting the increasing adoption of precision-based surgical procedures worldwide.
The global market is projected to grow at a CAGR of 11% from 2024 to 2034, fueled by rising demand for minimally invasive surgeries and advanced orthopedic technologies.
Mexico is expected to witness an impressive CAGR of 19.2% during the forecast period, making it one of the fastest-growing regions in the computer-assisted orthopedic surgery market.
The Japan market is projected to reach a value of US$ 126.96 million by 2034, driven by a growing aging population and increasing investments in robotic-assisted surgical procedures.
The North American market is anticipated to expand at a CAGR of 13.1% from 2024 to 2034, supported by strong healthcare infrastructure, high adoption of advanced medical technologies, and increasing orthopedic procedures.
The hospitals segment is expected to grow at a CAGR of 11.2% by 2034, highlighting the increasing integration of computer-assisted orthopedic surgery systems in hospital settings for enhanced surgical precision and efficiency.

Leading Players Driving Innovation in the Computer-Assisted Orthopedic Surgery Market:

Smith & Nephew Plc.; Stryker; Zimmer Biomet; Johnson & Johnson Services Inc.; NuVasive Inc.; Medtronic; Integra LifeSciences; 3D Systems Inc.; B. Braun Melsungen AG

What is fueling the Demand for Computer-Assisted Orthopedic Surgery?

Computer-assisted orthopedic surgery is increasing in popularity among the medical sector. This demand is predominantly felt owing to the growing patient base with skeleton and related disorders.

This is the primary factor fueling the demand for computer-assisted orthopedic surgery along with the rising population of elderly people over the forecast period between 2024 and 2034.

The other drivers of the computer-assisted orthopedic demand include rising demand for sophisticated medical facilities, shorter hospital stays owing to quick recovery, and rising R&D centers in the globe.

All these drivers are taken into account for raising the demand for computer-assisted orthopedic surgery between the forecast period from 2024 to 2034.

In addition, technology progress has a significant part in the growth of computer-aided orthopedic surgery throughout the projected period from 2024 to 2034.

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More Valuable Insights on Offer:

Fact.MR, in its new offering, presents an unbiased analysis of the global computer-assisted orthopedic surgery market, presenting historical data for 2019 to 2023 and forecast statistics for 2024 to 2034.

The study reveals essential insights on the basis of the product type, application, end user, and region. By product type, the market includes surgical planners & simulators, surgical navigation systems, and surgical robots, each playing a crucial role in enhancing surgical precision and outcomes. Based on application, the market is categorized into preoperative planning, spine surgery, knee replacement surgery, hip replacement surgery, and others, reflecting the diverse use of computer-assisted technologies in orthopedic procedures.

The end-user segmentation comprises hospitals, ambulatory surgical centers, and academic & research institutes, highlighting the widespread adoption of these technologies across different medical facilities. Regionally, the market spans North America, Latin America, Eastern Europe, Western Europe, East Asia, South Asia & Pacific, and the Middle East & Africa, demonstrating the global demand for advanced orthopedic surgical solutions.

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