Orthopedic Surgical Robots

Orthopedic Surgical Robots

Global Orthopedic Surgical Robots Market to Reach $8.9 Billion by 2030
In the changed post COVID-19 business landscape, the global market for Orthopedic Surgical Robots estimated at US$591.5 Million in the year 2022, is projected to reach a revised size of US$8.9 Billion by 2030, growing at aCAGR of 40.4% over the period 2022-2030. Knee Surgery, one of the segments analyzed in the report, is projected to record 38% CAGR and reach US$5.8 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Hip Surgery segment is readjusted to a revised 46.3% CAGR for the next 8-year period.

The U.S. Market is Estimated at $179.2 Million, While China is Forecast to Grow at 38.1% CAGR
The Orthopedic Surgical Robots market in the U.S. is estimated at US$179.2 Million in the year 2022. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.4 Billion by the year 2030 trailing a CAGR of 38.1% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 35.9% and 34.6% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 27.3% CAGR.

Select Competitors (Total 43 Featured) -

• Johnson & Johnson
• OMNI life science, Inc.
• Smith & Nephew PLC
• Stryker Corporation
• THINK Surgical, Inc.
• Wright Medical Technology, Inc.
• Zimmer Biomet Holdings, Inc.

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