Emerging Trends to Drive Orthopedic Surgical Robots Market Growth at 11.4% CAGR Through 2029

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Orthopedic Surgical Robots Market Size Growth Forecast: What to Expect by 2025?
In recent years, the market size for orthopedic surgical robots has experienced a rapid boost. The market which was worth $1.13 billion in 2024, is projected to reach $1.26 billion in 2025, showing a compound annual growth rate (CAGR) of 11.3%. This historical development can be linked to a surge in the occurrence of orthopedic disorders, a rise in demand for less invasive surgical procedures, an increase in the elderly population, enhanced precision and results in surgeries, amplified healare expenditures, a greater embracing of robotics systems within hospitals, and broadening usage in joint replacement operations.

How Will the Orthopedic Surgical Robots Market Size Evolve and Grow by 2029?
Expectations are high for the orthopedic surgical robots market as it is predicted to experience substantial growth in the coming years. By 2029, it is projected to have increased to $1.95 billion, with a compound annual growth rate (CAGR) of 11.4%. Factors contributing to growth throughout the forecast period include the healare infrastructure's growth, an increase in research and development investments, the rising incidence of orthopedic disorders, beneficial reimbursement policies, and an aging population. The forecast period will also see significant trends such as AI and machine learning integration for improved results, advancement in technology to boost precision and efficiency, the incorporation of augmented reality technologies, the advent of portable robotic systems, and the development of hybrid systems that combine robotic and navigation technologies.

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What Drivers Are Propelling the Growth of Orthopedic Surgical Robots Market Forward?
The rise in bone degenerative disease cases is anticipated to fuel the orthopedic surgical robot market's growth. These diseases progressively decay bone tissue leading to weak bones, pain, and a heightened risk of fractures among other complications. The escalating incidences of such diseases can be attributed to an aging population, sedentary lifestyles, poor eating habits, and an increased occurrence of chronic conditions like obesity and diabetes. In the treatment of bone degenerative diseases, orthopedic surgical robots are utilized to augment precision and accuracy in surgeries, thus enhancing patient results. For instance, as per the August 2023 forecasts from the Institute for Health Metrics and Evaluation (IHME), a US research institution, nearly 1 billion individuals are anticipated to develop osteoarthritis, with a projected rise of 75% in knee osteoarthritis and 50% in hand osteoarthritis by 2050. Consequently, the mounting prevalence of bone degenerative diseases is propelling the growth of the orthopedic surgical robot market.

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Which Fast-Growing Trends Are Poised to Disrupt the Orthopedic Surgical Robots Market?
Leading businesses in the orthopedic surgical robot market are innovating with smart robotic solutions to transform surgical practices. These intelligent robotics incorporate cutting-edge technologies such as artificial intelligence (AI), machine learning, and the Internet of Things (IoT) to execute intricate tasks with enhanced autonomy, accuracy and adaptability. For example, in March 2023, US medical device company Stryker Corporation launched Mako Total Knee 2.0, under their Mako SmartRobotics array. This device comes with advanced features such as AccuStop haptic technology which provides the surgeons with tactile feedback during operations for optimal precision and safety. Furthermore, this system offers surgical planning and navigation features, streamlining complicated tasks with comprehensive active and passive hybrid optical tracking, high-end cameras, and advanced processing algorithms.

What Are the Key Segments in the Orthopedic Surgical Robots Market?
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

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Who Are the Key Players Shaping the Orthopedic Surgical Robots Market's Competitive Landscape?
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

What Geographic Markets Are Powering Growth in the Orthopedic Surgical Robots Market?
North America was the largest region in the orthopedic surgical robots market in 2024. 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.

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