The orthopedic navigation systems market size is expected to grow from US$ 2,532.47 million in 2022 to US$ 7,477.32 million by 2030; it is estimated to register a CAGR of 14.5% from 2022 to 2030.
Analyst’s Viewpoint
The orthopedic navigation systems market analysis explains market drivers such as growing advantages of computer-assisted orthopedic surgeries and increasing incidence of orthopedic conditions. Further, rising interest in minimally invasive surgery is expected to introduce new trends in the market during 2022–2030. Based on technology, the orthopedic navigation systems market is segmented into electromagnetic, optical, and others. The electromagnetic segment held the largest market share in 2022 and is anticipated to register the highest CAGR of 15.4% during 2022–2030. By application, the market is segmented into knee, hip, spine, and others. The knee segment held the largest market share in 2022. The hip segment is anticipated to register the highest CAGR of 14.9% during 2022–2030. By end user, the market is categorized into hospitals, ambulatory surgical centers (ASCs), and others. The hospital segment held the largest market share in 2022 and is anticipated to register the highest CAGR of 14.8% in the market during 2022–2030.
Orthopedic navigation systems allow surgeons to precisely track instrument position and then project while performing orthopedic surgeries. The system comprises a computer workstation, along with hardware for tracking the position of instruments.
Market Insights
Growing Advantages of Computer-Assisted Orthopedic Surgeries Drive Orthopedic Navigation Systems Market
According to an article titled "Computer-assisted preoperative planning of bone fracture fixation surgery" published in the National Library of Medicine in October 2022, bone fracture fixation surgery is known to be one of the most commonly performed surgical procedures in the orthopedic field. The source stated that computer-assisted surgical techniques have been developed in recent years. The techniques are helpful in the preoperative planning of bone fracture fixation operations.
Benefits of computer-assisted surgery (CAS) such as low blood loss, short hospital stays, and easy rehabilitation propel its demand. CAS is instrumental in precise alignment of the implant. It provides improved functionality, improves quality-adjusted lifespan, causes less pain and tissue damage, and can lead to fewer complications. Surgical navigation allows surgeons to develop detailed clinical plans for joint replacements and spinal procedures. The platforms provide computer-aided measurements from individual patients' preoperative computerized tomography (CT) scans to help surgeons provide personalized surgical care. Thus, advantages of computer-assisted orthopedic surgeries drive the orthopedic navigation systems market growth.
Customize Research To Suit Your Requirement
We can optimize and tailor the analysis and scope which is unmet through our standard offerings. This flexibility will help you gain the exact information needed for your business planning and decision making.
Orthopedic Navigation Systems Market: Strategic Insights
Market Size Value in US$ 2,532.47 million in 2022 Market Size Value by US$ 7,477.32 million by 2030 Growth rate CAGR of 14.5% from 2022 to 2030 Forecast Period 2022-2030 Base Year 2022
Akshay
Have a question?
Akshay will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
Speak to Analyst
Customize Research To Suit Your Requirement
We can optimize and tailor the analysis and scope which is unmet through our standard offerings. This flexibility will help you gain the exact information needed for your business planning and decision making.
Orthopedic Navigation Systems Market: Strategic Insights
| Market Size Value in | US$ 2,532.47 million in 2022 |
| Market Size Value by | US$ 7,477.32 million by 2030 |
| Growth rate | CAGR of 14.5% from 2022 to 2030 |
| Forecast Period | 2022-2030 |
| Base Year | 2022 |
Akshay
Have a question?
Akshay will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
Speak to Analyst
Future Trend
Rising Interest in Minimally Invasive Surgery to Emerge as Trend in Coming Years
In minimally invasive spine surgery (MISS), use of computer-assisted navigation technology allows surgeons to better visualize bone and soft tissue anatomy through limited minimally invasive surgery (MIS) incisions. In addition, due to smaller incisions, postoperative wound healing takes longer in conventional surgeries than in MIS. Interest in MISS increases tremendously as its core principle is to minimize insertion-related injuries while achieving similar results to traditional open spine procedures. With technical and technological advances, MISS can expand its utility to simple spinal stenosis and complex spinal pathologies such as metastasis, trauma, or spinal deformity in adults.
In August 2023, Orthofix Medical Inc. announced the full commercial launch and successful completion of the first cases in the US with the 7D FLASH Navigation System Percutaneous Module 2.0. The system enables Orthofix to continue to operate MIS for the spine. Speed, accuracy, and efficiency of image processing technology are expected to provide significant economic added value and reduced radiation exposure for staff and patients in open procedures. This launch expands the clinical functionality and utility of the navigation system by providing surgeons with a fully integrated procedural solution for MIS, including implant planning and an expanded suite of navigated tools. The growing preference of patients and healthcare professionals for minimally invasive procedures that offer faster recovery times and reduced postoperative pain would support the adoption of orthopedic navigation systems. Thus, the rising adoption of orthopedic navigation systems in practice benefits patients and hospitals, which is expected to boost the orthopedic navigation system market growth in the coming years.
Report Segmentation and Scope
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
Technology-Based Insights
Based on technology, the orthopedic navigation systems market is segmented into electromagnetic, optical, and others. The electromagnetic segment held the largest market share in 2022 and is anticipated to register the highest CAGR of 15.4% during 2022–2030. In electromagnetic tracking systems (EMTs), magnetic fields are generated, sensors are used to detect them, and finally, software is used to process them. In an electromagnetic field of known geometry, the coordinates of the pre-interventional patient scan and the coordinates of the tracking system are registered. By utilizing the sensor, the corresponding points in the image coordinates can be measured, and the electromagnetic tracking coordinates can plan about five to nine landmarks. EMTs utilize fluoroscopy to screen the patient without using ionizing radiation, and it does not expose the patient to any energy fields that are more harmful than ultrasounds.
In July 2021, TT Electronics—a provider of engineered electronics for performance-critical applications—partnered with US-based Radwave Technology to develop advanced electromagnetic tracking technology. This partnership will help bring a customizable electromagnetic tracking platform with minimally invasive diagnostic and therapeutic devices during orthopedic surgical procedures. In addition, Joimax, a Germany-based market leader in technologies and training methods for fully endoscopic and minimally invasive spine surgery, announced that the FDA cleared its Intracsem Navigation System, an electromagnetic navigation tracking and control system, in July 2020.
Orthopedic Navigation Systems Market, by Technology – 2022 and 2030
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
Application-Based Insights
Based on application, the global orthopedic navigation systems market is segregated into knee, hip, spine, and others. The knee segment held the largest market share in 2022. The hip segment is anticipated to register the highest CAGR of 14.9% during 2022–2030. Surgery is required if the knee has structural damage. The most common knee surgeries include arthroscopy or knee replacement. Hip arthroplasty or hip replacement surgery is a procedure in which an orthopedist replaces the affected hip joint parts with new artificial parts. HipNav is an image-guided surgical navigation system used in hip replacement surgery. With this system, prosthetic components can be measured and guided during total hip replacement surgery (THR). The system consists of a 3-dimensional preoperative planner, a simulator, and an intraoperative surgical navigator.
According to the American Academy of Orthopedic Surgeons, nearly one million knee and hip replacements are performed every year. An aging population and an increase in obesity and osteoarthritis will cause that number to rise to 4 million by 2050. Computer- and robot-assisted navigation is expected to continue to play an increasingly important role in helping patients' outcomes and lengthening the life of their implants as these procedures become increasingly common. DePuy Synthes offers a technology-assisted VELYS Hip Navigation platform for hip replacement. The surgeons use real-time data to improve surgical outcomes. Thus, the growing advancement in orthopedic surgery navigation systems boosts the growth of the global orthopedic navigation systems market for the hip segment.
End User-Based Insights
In terms of end user, the orthopedic navigation systems market is segmented into hospitals, ambulatory surgical centers (ASCs), and others. The hospital segment held the largest share of the market in 2022 and is anticipated to register the highest CAGR of 14.8% in the market during 2022–2030.
Orthopedic navigation systems are routinely used in orthopedic surgeries to reach the target place more precisely. Hospitals are a vital part of the development of health systems. They play an important role in offering support to other healthcare providers. An increasingly large number of hospitals are attaining expertise to use orthopedic navigation systems for surgeries. With the rising number of orthopedic surgeries, the use of orthopedic navigation systems is expected to increase in hospital settings. Moreover, owing to rising number of hospitals worldwide, the hospitals segment is expected to continue its dominance in the global orthopedic navigation system market during 2022–2030.
Regional Analysis
North America held the largest share of the orthopedic navigation system market in 2022. The orthopedic navigation system market in North America is expected to grow due to rising acceptance of the latest medical device technologies and increasing incidence of spinal disorders. Moreover, the growing prevalence of chronic diseases, rising cases of sports injury, and the increasing number of orthopedic procedures and ailments, especially among the aging population, propels the market's expansion. The US holds the largest share of the North America orthopedic navigation system market. The increasing aging population, growing prevalence of arthritis, and increasing number of sports injury cases drive the US orthopedic navigation system market growth. According to the United Nations Economic Commission for Europe (UNECE), around 2,740,000 people were injured in traffic accidents in the US in 2019. Additionally, the increasing prevalence of spinal diseases such as degenerative disc disease, spinal stenosis, and herniated discs in the US propels the demand for orthopedic spinal navigation systems. According to the 2021 National Spinal Cord Injury Statistical Center (NSCSC) estimates, ∼30% of individuals affected by spinal cord injuries are readmitted to hospitals within a year of their injury, with the average hospital stay for those requiring readmission being 22 days. Additionally, according to an article published by the University of Washington in January 2021, traumatic spinal cord injuries affect over 18,000 Americans annually. According to McLeod Health, the number of orthopedic procedures performed in the US was ∼18.6 million in 2022.
Asia Pacific would register the highest CAGR for the global orthopedic navigation systems market during the forecast period. The market in Asia Pacific is segmented into China, India, Japan, South Korea, Australia, and the Rest of Asia Pacific. China holds the largest market share of the global orthopedic navigation system market. The orthopedic navigation system market in China is expected to grow during 2020–2030 owing to advancements in the Chinese healthcare system, an increasing number of robotic surgeries, and rising government funding in the healthcare system. The healthcare system in China provides clinical care and public health services to one-fifth of the world's population and has grown significantly. Chinese surgeons use robotic devices and artificial intelligence (AI) to perform minimally invasive surgeries for primary operations such as knee replacement surgeries. For instance, a study published in January 2022 by PubMed Central stated that 106 patients in China underwent hip and knee replacement surgeries where computer navigation significantly improved the accuracy of prosthesis implantation. Moreover, technological advancements related to surgical navigation system is rising in China.
The report profiles leading players operating in the global orthopedic navigation systems market. B. Braun SE, Stryker Corporation, Medtronic PLC, Zimmer Biomet, DePuy Synthes, Smith & Nephew, Siemens Healthineers, Brainlab AG, Metronor, and Naviswiss AG are a few market players.
- In June 2023, Brainlab AG collaborated with AO Foundation to extend reality technology for best practices in education and training. This collaboration will increase knowledge acquisition, enhance decision making, and improve coordination of skills, all within a safe and engaging setting.
- In May 2023, DePuy Synthes demonstrated Reality Based Navigation (RBN), a new addition to their hip offering throughout Europe and the Middle East & Africa. Professor David Beverland MD, FRCS Consultant Orthopedic Surgeon, pioneered the concept in Belfast, Northern Ireland, during the last three decades, beginning with a fellowship with Mike Wroblewski in 1988 and growing into a collaborative endeavor supported by over 40 fellows. The goal of RBN is for surgeons to be able to obtain more reproducible results with a simple, low-cost approach, guaranteeing that every patient has access to the same high-level standard of care. RBN was created to limit the number of outliers in component positioning1, potentially increasing accuracy during THA. As one of the key goals underlying the notion of RBN is to reduce or eliminate outliers, the implementation of RBN is designed to assist surgeons in reducing any such outliers in their practices.
- In February 2023, Naviswiss received clearance from the FDA to market Naviswiss Knee in the US. The Naviswiss Knee solution is a landmark-based navigation tool that helps the surgeon insert and align the knee replacement implants in the best possible way. An orthopedic surgeon can use Naviswiss Knee to select between an express workflow that just navigates Varus/Valgus alignment and Flexion/Extension, or an advanced workflow that also navigates Medial and Lateral resection height and Range of Motion overviews.
- In November 2022, Corin Australia Pty Ltd and Naviswiss AG signed an exclusive distribution agreement for Australia and New Zealand. Corin Australia Pty Ltd is a major inventor in miniaturized navigation for joint replacement surgery. The addition of this technology will strengthen the OPS offering and value to customers.
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Technology, Application, End User, and Geography
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
Frequently Asked Questions
The orthopedic navigation system market was valued at US$ 2,532.47 million in 2022.
The orthopedic navigation system market is expected to be valued at US$ 7,477.32 million in 2030.
The orthopedic navigation system market majorly consists of the players such as B. Braun SE, Stryker Corporation, Medtronic PLC, Zimmer Biomet, DePuy Synthes, Smith & Nephew Siemens Healthineers, Brainlab AG, Metronor, Naviswiss AG
The factors driving the growth of the orthopedic navigation system market include the growing advantages of computer-assisted orthopedic surgeries and the increasing incidence of orthopedic conditions.
An orthopedic navigation system is a tool that allows a surgeon to visualize the surgical site with expanded views. It enables to make the precise decision for the surgery and plan surgery for a more effective outcome. The navigation system integrates surgical planning, instrument tracking, and intraoperative imaging in the operating room while performing surgery.
The List of Companies - Orthopedic Navigation Systems Market
- Smith & Nephew
- Siemens Healthineers
- Brainlab AG
- Metronor
- Naviswiss AG
- B. Braun SE
- Stryker Corporation
- Medtronic PLC
- Zimmer Biomet
- DePuy Synthes
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
Trends and growth analysis reports related to Orthopedic Navigation Systems Market
Nov 2023
Colonoscopes Market
Forecast to 2028 - COVID-19 Impact and Global Analysis By Product Type (Fiber Optic Colonoscopy Devices, Video Colonoscopy Devices); Application (Colorectal Cancer, Lynch Syndrome, Ulcerative Colitis, Crohn's Disease, Polyp); End User (Hospitals, Ambulatory Surgery Center, Others), and Geography
Nov 2023
Noninvasive Fat Reduction Market
Size and Forecast (2021 - 2031), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Technology (Cryolipolysis, Laser Lipolysis, Ultrasound, and Others), End User (Hospitals, Dermatology Clinics & Cosmetic Clinics, and Others), and Geography (North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America)
Nov 2023
Medical Ultrasound Flow Meter Market
Size and Forecast (2020 - 2030), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Implementation Type (Clamp-On, Inline, and Others), Technology (Doppler, Transit Time, and Hybrid), Application (Heart and Lung Machines, Extracorporeal Membrane Oxygenation, Perfusion, Organ Transportation Systems, and Others), End User (Hospitals and Clinics, Ambulatory Surgical Centers, Research Laboratories, and Others), and Geography (North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America)
Nov 2023
Rapid Test Kits Market
Size and Forecasts (2020 - 2030), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Type (Rapid Antigen Testing, Rapid Antibody Testing, and Others), Product (Over-the-Counter Rapid Testing Kit and Professional Rapid Testing Kit), Technology (Lateral Flow Assay, Solid Phase, Agglutination, Immunospot Assay, and Cellular Component-Based), Application (Blood Glucose Testing, Infectious Disease Testing, Pregnancy and Fertility, Cardiometabolic Testing, and Others), End User (Hospital and Clinics, Home Care, Diagnostics Centers, and Others), and Geography (North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America)
Nov 2023
Osteoarthritis Therapy Market
Size and Forecasts (2020 - 2030), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Therapy Type [Transcutaneous Electrical Nerve Stimulation (TENS), Occupational Therapy, Physical Therapy, Platelet-Rich Plasma Therapy and Stromal Vascular Fraction, Prolotherapy, and Others], Disease Indication (Knee Osteoarthritis, Spine Osteoarthritis, Foot and Ankle Osteoarthritis, Shoulder Osteoarthritis, Hand Osteoarthritis, and Others), End User (Hospitals & Clinics, Specialty Clinics, Ambulatory Surgical Centers, Homecare, and Others), and Geography (North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America)
Nov 2023
Bariatric Surgeries Market
Size and Forecasts (2020 - 2030), Global and Regional Share, Trends, and Growth Opportunity Analysis Report Coverage: By Type [Adjustable Gastric Bands (AGB), Sleeve Gastrectomy, Gastric Bypass, Biliopancreatic Diversion with Duodenal Switch (BPD-DS), and Others], End User (Hospitals and Ambulatory Surgical Centers), and Geography (North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America)
Nov 2023
Post-Acute Care Market
Size and Forecasts (2020 - 2030), Global and Regional Share, Trends, and Growth Opportunity Analysis Report Coverage: By Service Type (Skilled Nursing Facilities, Inpatient Rehabilitation Facilities, Long-Term Care Hospitals, Home Health Agency, and Others), Age (Elderly, Adult, and Others), Disease Conditions (Amputations, Wound Management, Brain Injury and Spinal Cord Injury, Neurological Disorders, and Others), and Geography
Nov 2023
Lung Cancer Therapy Market
Size and Forecasts (2020 - 2030), Global and Regional Share, Trends, and Growth Opportunity Analysis Report Coverage: By Therapy Type (Noninvasive and Minimally Invasive), Indication (Non-Small Cell Lung Cancer and Small Cell Lung Cancer), End User (Hospitals, Oncology Clinics, Research Centers, and Others), and Geography (North America, Europe, Asia Pacific, South & Central America, and Middle East & Africa)