Brand Story
26 May 2023, 06:59 GMT+10
The global market for Orthopedic Navigation Systems was valued at US$ 197.9 million in 2022, and it is expected to grow at a CAGR of 17% to US$ 433.8 million by 2027. The global orthopaedic navigation systems market refers to the industry that manufactures and sells navigation systems used in orthopaedic surgeries. These systems are intended to help surgeons place implants, align bones, and perform other complex procedures. Advanced imaging technology is used in navigation systems to create a 3D map of the patient's anatomy, which is then used to guide the surgeon during the procedure.
The growing prevalence of orthopaedic disorders, particularly among the elderly, is driving the market. The increased number of orthopaedic surgeries, including joint replacement surgeries, is expected to increase demand for navigation systems in the coming years. Furthermore, technological advancements in navigation systems, such as the incorporation of robotics, artificial intelligence, and augmented reality, are expected to open up new market growth opportunities.
Download Free Sample Copy of this Report - https://www.factmr.com/connectus/sample?flag=S&rep_id=7660
Key Takeaways from Market Study
Winning Strategy
Top manufacturers of orthopedic navigation systems are concentrating on raising knowledge about these systems as well as their use and advantages among patients and medical professionals alike. By providing Continual Medical Education (CME) sessions, manufacturers of surgical navigation solutions in developed nations have started to reach out to local communities.
As a result, more doctors and specialists are aware of the existence and application of orthopedic navigation systems. Furthermore, the 6- to 7-year warranty on commercially available orthopedic navigation devices makes the entire product sales cycle 7 years.
The market for orthopedic navigation systems is anticipated to expand rapidly over the forecast period due to increasing demand for technological assistance in orthopedic therapies.
Key Companies Profiled
OrthAlign
Get a daily dose of Pittsburgh Star news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Pittsburgh Star.
More InformationSPENCER, Massachusetts: Spencer, Massachusetts Fire Chief Robert Parsons has said that a June 2 fire that burned down a 160-year-old ...
NEW YORK CITY, New York: A JPMorgan Chase & Co spokesperson has confirmed that as part of the bank's efforts ...
WASHINGTON D.C.: The Federal Communications Commission (FCC) has said that more than 8.3 million US homes and businesses do not ...
WASHINGTON D.C.: A Transportation Security Administration (TSA) report released this week revealed that over the Memorial Day weekend, the start ...
The Columbus Blue Jackets acquired defenseman Ivan Provorov on Tuesday in a complex deal involving three teams. The trade details: ...
The Pittsburgh Pirates found out that the Oakland Athletics can have nights where they play better than their mere 12 ...
SPENCER, Massachusetts: Spencer, Massachusetts Fire Chief Robert Parsons has said that a June 2 fire that burned down a 160-year-old ...
MOSCOW, Russia: Journalists from countries that are "unfriendly" to Russia will be banned from covering this year's St. Petersburg International ...
SAN FRANCISCO, California: Landowners in California participated this week in a class organized by the El Dorado Amador Prescribed Burn ...
RAMALLAH, Wet Bank - A two-and-a-half-year-old Palestinian boy shot in the head by Israeli troops has died in hospitalThe boy, ...
NEWARK, New Jersey: Six years after his 2016 presidential campaign failed to succeed, Chris Christie, former New Jersey Governor, will ...
TOKYO, Japan: To counter the declining national birthrate, Japan's Prime Minister Fumio Kishida pledged to double spending over the next ...