Global Orthopedic Surgical Robots Market 2022-2032 by Offering (Robotic Systems, Accessories and Consumables, Software and Services), Surgery Type (Knee, Hip, Others), End User (Hospitals, Clinics, ASCs), Distribution Channel (Direct Sales, Distributors), and Region: Trend Forecast and Growth Opportunity
Global orthopedic surgical robots market will reach $25.98 billion by 2032, growing by 26.9% annually over 2022-2032, driven by the increasing incidence of musculoskeletal diseases associated with the growing elderly population, an increasing demand for clinical digitalization, the rising funds allocated for medical robots research and technological advancements in orthopedic surgical robots, improved hospital outcomes, and the decreasing price of robot-assisted orthopedics surgery. Global orthopedic surgical robot and computer-assisted surgery market is poised to achieve significant growth because the devices provide high accuracy, consistent, superior outcomes for clinicians far beyond what has previously been available.
Highlighted with 86 tables and 83 figures, this 183-page report “Global Orthopedic Surgical Robots Market 2022-2032 by Offering (Robotic Systems, Accessories and Consumables, Software and Services), Surgery Type (Knee, Hip, Others), End User (Hospitals, Clinics, ASCs), Distribution Channel (Direct Sales, Distributors), and Region: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire global orthopedic surgical robots market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2020-2022 and provides forecast from 2023 till 2032 with 2022 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year, and the forecast covers at least 5 years over the base year.)
In-depth qualitative analyses include identification and investigation of the following aspects:
• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter’s Fiver Forces
The trend and outlook of global market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19 and Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify global orthopedic surgical robots market in every aspect of the classification from perspectives of Offering, Surgery Type, End User, Distribution Channel, and Region.
Based on Offering, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
• Robotic Systems
o Robot Machines
o Navigation Systems
o Planners and Simulators
o Other Components
• Accessories and Consumables
o Disposables
o CNC Machines
o Robotic Tools
o Other Instruments and Accessories
• Software and Services
Based on Surgery Type, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
• Knee Surgery
• Hip Surgery
• Other Surgeries
By End User, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
• Hospitals
• Orthopedic Clinics
• Ambulatory Surgical Centers (ASCs)
• Other End Users
By Distribution Channel, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
• Direct Sales
• Third-party Distributors
Geographically, the following regions together with the listed national/local markets are fully investigated:
• North America (U.S., Canada, and Mexico)
• Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Netherlands, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)
• APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)
• South America (Brazil, Chile, Argentina, Rest of South America)
• MEA (UAE, Saudi Arabia, South Africa, and Rest of MEA)
For each region and country, detailed analysis and data of annual revenue ($ mn) are available for 2022-2032. The breakdown of all regional markets by country and the breakdown of each national market by Offering, Surgery Type, and End User over the forecast years are also included.
The report also covers the current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Selected Key Players:
Accuray Incorporated
Auris Health Inc.
Brainlab AG
Curexo Technology Corp.
DePuy Synthes (Johnson & Johnson)
Globus Medical
Intuitive Surgical
Kinamed Inc.
Mazor Robotics Ltd.
Medrobotics Corporation
Medtronic Inc.
Merge Healthcare
Nordson Corporation
NuVasive Inc.
OMNIlife Science, Inc.
Shenzhen Institutes of Advanced Technology (SIAT)
Simbionix USA Corp.
Smith & Nephew PLC
Stryker Corp. / MAKO
Think Surgical, Inc.
Wright Medical Technology, Inc.
Zimmer Biomet Holdings, Inc.
(Please note: The report will be updated before delivery so that the latest historical year is the base year, and the forecast covers at least 5 years over the base year.)
1 Introduction 9
1.1 Industry Definition and Research Scope 9
1.1.1 Industry Definition 9
1.1.2 Research Scope 11
1.2 Research Methodology 14
1.2.1 Overview of Market Research Methodology 14
1.2.2 Market Assumption 15
1.2.3 Secondary Data 15
1.2.4 Primary Data 15
1.2.5 Data Filtration and Model Design 16
1.2.6 Market Size/Share Estimation 17
1.2.7 Research Limitations 18
1.3 Executive Summary 19
2 Market Overview and Dynamics 22
2.1 Market Size and Forecast 22
2.1.1 Impact of COVID-19 on World Economy 23
2.1.2 Impact of COVID-19 on the Market 26
2.1.3 Impact of Russia-Ukraine Conflict: War Slows Economic Recovery 28
2.2 Major Growth Drivers 32
2.3 Market Restraints and Challenges 37
2.4 Emerging Opportunities and Market Trends 40
2.5 Porter’s Fiver Forces Analysis 44
3 Segmentation of Global Market by Offering 48
3.1 Market Overview by Offering 48
3.2 Robotic Systems 50
3.2.1 Robot Machines 52
3.2.2 Navigation Systems 53
3.2.3 Planners and Simulators 54
3.2.4 Other Components 55
3.3 Accessories and Consumables 56
3.3.1 Disposables 57
3.3.2 CNC Machines 58
3.3.3 Robotic Tools 59
3.3.4 Other Instruments and Accessories 60
3.4 Software and Services 61
4 Segmentation of Global Market by Surgery Type 62
4.1 Market Overview by Surgery Type 62
4.2 Knee Surgery 64
4.3 Hip Surgery 65
4.4 Other Surgeries 66
5 Segmentation of Global Market by End User 67
5.1 Market Overview by End User 67
5.2 Hospitals 69
5.3 Orthopedic Clinics 70
5.4 Ambulatory Surgical Centers (ASCs) 71
5.5 Other End Users 72
6 Segmentation of Global Market by Distribution Channel 73
6.1 Market Overview by Distribution Channel 73
6.2 Direct Sales 75
6.3 Third-party Distributors 76
7 Segmentation of Global Market by Region 77
7.1 Geographic Market Overview 2022-2032 77
7.2 North America Market 2022-2032 by Country 81
7.2.1 Overview of North America Market 81
7.2.2 U.S. 85
7.2.3 Canada 88
7.2.4 Mexico 90
7.3 European Market 2022-2032 by Country 92
7.3.1 Overview of European Market 92
7.3.2 Germany 96
7.3.3 U.K. 98
7.3.4 France 100
7.3.5 Spain 102
7.3.6 Italy 104
7.3.7 Russia 106
7.3.8 Rest of European Market 108
7.4 Asia-Pacific Market 2022-2032 by Country 110
7.4.1 Overview of Asia-Pacific Market 110
7.4.2 Japan 114
7.4.3 China 117
7.4.4 Australia 119
7.4.5 India 121
7.4.6 South Korea 123
7.4.7 Rest of APAC Region 125
7.5 South America Market 2022-2032 by Country 127
7.5.1 Argentina 130
7.5.2 Brazil 132
7.5.3 Chile 134
7.5.4 Rest of South America Market 136
7.6 MEA Market 2022-2032 by Country 137
7.6.1 UAE 140
7.6.2 Saudi Arabia 142
7.6.3 South Africa 144
7.6.4 Other National Markets 146
8 Competitive Landscape 147
8.1 Overview of Key Vendors 147
8.2 New Product Launch, Partnership, Investment, and M&A 152
8.3 Company Profiles 153
Accuray Incorporated 153
Auris Health Inc. 155
Brainlab AG 156
Curexo Technology Corp. 157
DePuy Synthes (Johnson & Johnson) 158
Globus Medical 161
Intuitive Surgical 162
Kinamed Inc. 163
Mazor Robotics Ltd. 164
Medrobotics Corporation 165
Medtronic Inc. 166
Merge Healthcare 168
Nordson Corporation 169
NuVasive Inc. 170
OMNIlife Science, Inc. 171
Shenzhen Institutes of Advanced Technology (SIAT) 172
Simbionix USA Corp. 173
Smith & Nephew PLC 175
Stryker Corp. / MAKO 176
Think Surgical, Inc. 179
Wright Medical Technology, Inc. 180
Zimmer Biomet Holdings, Inc. 182
RELATED REPORTS 183
Methodology/Research Approach
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.Research Programs/Design
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Market Size Estimation
Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).
The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.
Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.
All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report
The following figure shows an illustrative representation of the overall market size estimation process used for this study.
Market Breakdown and Data Triangulation
After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.
Data Source
Secondary Sources
Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.
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Primary Sources
In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.
The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.
Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.
Key Executives Interviewed
Key Data Information from Primary Sources
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