Global Orthopedic Surgical Robots Market Projected to Grow at 11.9% CAGR, Reaching $1.99 Billion by 2029

Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.

What Will the Orthopedic Surgical Robots Industry Market Size Be by 2025?
The market size for orthopedic surgical robots has seen a significant increase lately. The market is predicted to expand from $1.13 billion in 2024 to $1.27 billion in 2025, with a compound annual growth rate (CAGR) of 12.1%. Factors contributing to this growth during the historic period include the rising occurrence of orthopedic conditions, a heightened demand for less invasive surgical methods, an increase in the elderly population, enhanced surgical results and accuracy, greater expenditure in healthcare, increased acceptance of robotic systems in medical facilities, and wider usage in joint replacement operations.

What's the Long-Term Growth Forecast for the Orthopedic Surgical Robots Market Size Through 2029?
Anticipated to witness a significant surge in the coming years, the orthopedic surgical robots market is set to escalate to a value of $1.99 billion in 2029, growing at a compound annual growth rate (CAGR) of 11.9%. The projected growth during this forecast period can be credited to advancements in healthcare infrastructure, an upsurge in research and development funding, rising incidences of orthopedic afflictions, favorable reimbursement scenarios, and an aging population. The future trends within this period comprise the implementation of artificial intelligence and machine-learning for superior results, progressive improvements in precision and efficiency, the incorporation of augmented reality technologies, the initiation of compact robotic systems, and the development of hybrid systems amalgamating robotic and navigation technologies.

View the full report here:
https://www.thebusinessresearchcompany.com/report/orthopedic-surgical-robots-global-market-report

What Are the Key Growth Drivers Fueling the Orthopedic Surgical Robots Market Expansion?
The rise in bone degenerative diseases is anticipated to fuel the expansion of the orthopedic surgical robot market. Bone degenerative diseases systematically destroy bone tissue, leading to frail bones, discomfort, and a heightened chance of fractures among other complications. The surge in bone degenerative diseases can be associated with elements such as an aging populace, inactive lifestyles, inadequate dietary choices, and the increased incidence of chronic diseases like obesity and diabetes. Orthopedic surgical robots are leveraged in the management of bone degenerative diseases to augment precision and reliability during operations, thereby enhancing patient results. For instance, forecasts from the Institute for Health Metrics and Evaluation, a US-based research institution, suggest that almost 1 billion individuals may suffer from osteoarthritis in August 2023, with knee osteoarthritis anticipated to rise by 75% and hand osteoarthritis by 50% by 2050. Consequently, this surge in bone degenerative diseases is accelerating the growth of the orthopedic surgical robot market.

Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=15884&type=smp

What Are the Key Trends Driving Orthopedic Surgical Robots Market Growth?
Leading businesses in the orthopedic surgical robot market are innovating by integrating smart robotics solutions into surgical operations. These state-of-the-art robotic systems utilize the potency of technologies like artificial intelligence (AI), machine learning, and the Internet of Things (IoT), in order to execute complicated tasks with an increased level of autonomy, precision, and adaptability. A prime example of this came in March 2023 when the US-based medical device company, Stryker Corporation, introduced its Mako Total Knee 2.0 as a prominent part of its Mako SmartRobotics line. The Mako Total Knee 2.0 comes equipped with AccuStop haptic technology which offers tactile feedback to surgeons optimizing precision and safety during surgeries. Additionally, the system incorporates advanced surgical planning and navigation capabilities, transforming complicated tasks into simpler ones with comprehensive active and passive hybrid optical tracking, cutting-edge camera and high-end processing algorithms.

How Is the Orthopedic Surgical Robots Market Segmented?
The orthopedic surgical robots market covered in this report is segmented -

1) By Product: Robotic System, Robotic Accessories, Software And Services
2) By Application: Partial Knee Replacement, Total Knee Replacement, Minimally Invasive Surgery (MIS) Fusion, Other Applications
3) By End-User: Ambulatory Surgical Centers, Hospitals, Specialty Clinics, Other End-Users

Subsegments:
1) By Robotic System: Surgical Robotic Systems For Joint Replacement, Spine Surgery Robotic Systems, Robotic Systems For Trauma And Fracture Care
2) By Robotic Accessories: Robotic End Effectors, Instrumentation Kits, Positioning And Support Tools
3) By Software And Services: Robotic System Software, Surgical Planning And Simulation Software, Maintenance And Support Services

Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=15884&type=smp

Which Companies Are Leading the Charge in Orthopedic Surgical Robots Market Innovation?
Major companies operating in the orthopedic surgical robots market are Johnson & Johnson, Medtronic plc, Siemens Healthineers, Stryker Corporation, Zimmer Biomet Holdings Inc., Intuitive Surgical Inc., Smith & Nephew plc, Globus Medical Inc., MicroPort Orthopedics Inc., Renishaw plc, Medacta International, Aesculap Inc., Accuray Incorporated, Brainlab, Exactech Inc., Corin Group, THINK Surgical Inc., TINAVI Medical Technologies Co Ltd., CUREXO Inc., OrthAlign Inc., 4WEB Medical, OMNI Orthopaedics Inc., Monogram Technologies Inc., Asensus Surgical Inc., Medicaroid Corporation

Which Regions Are Leading the Global Orthopedic Surgical Robots Market in Revenue?
North America was the largest region in the orthopedic surgical robots market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the orthopedic surgical robots market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=15884

This Report Supports:
1.Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2.Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3.Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4.Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.

Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.

Contact Us
Europe: +44 7882 955267,
Asia: +91 88972 63534,
Americas: +1 310-496-7795 or
Email:info@tbrc.info

Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.