2025 Global Orthopedic Navigation Systems Market And Trend Analysis Research Report:Radiant Insights, Inc

The global orthopedic navigation system market is expected to reach USD 303.7 million by 2025, according to a new study by Grand View Research, Inc. Increasing geriatric population prone to orthopedic diseases is a key contributing factor propelling the demand for orthopedic navigation systems over the forecast period. Osteoarthritis and osteoporosis are most common disorders in the population aged 70 years and above. Growing prevalence of these disorders results in increased economic burden on many countries.

According to the WHO, 9.6% of men and 18% of women are suffering from various forms of arthritis globally. Over 82% of people suffering from osteoarthritis have difficulty in movement and around 25% are not able to perform daily activities. Degenerative joint disorders affect majorly knee, hip, and ankle. Knee and hip replacement procedures are performed in 85% of patients suffering from osteoarthritis. Other factors include physical inactivity, obesity, unhealthy lifestyle, and injuries.

Further Key Findings from the Study Suggest:

Rising demand for computer-assisted orthopedic surgery due to associated advantages such as low recovery time and shorter hospital stay are anticipated to fuel the industry growth

Knee navigation systems held the largest market share in 2016 owing to increased adoption by healthcare professionals and ample availability of products

Asia Pacific regional market is anticipated to witness lucrative growth due to rising incidence of orthopedic disorders and awareness levels amongst consumers regarding benefits of minimally invasive surgery

High economic development is boosting medical tourism in countries, such as India and China, which is expected to drive the growth by increasing the buying capacity of consumers

The market is moving toward consolidation, as large pharmaceuticals are focused on strategic acquisitions of smaller companies to gain competitive advantage in coming years

Companies are striving to gain revenue share via new product development, geographic expansion, and partnership alliances

For example, Brainlab and De Puy Synthes entered into an extended collaboration for providing effective spine alignment treatment via navigation system

Key players such as Biomet, Orthokey Italia, Brainlab, Stryker, and De Puy dominate the market and hold more than 70% of the revenue share as of 2016

The market is highly competitive in nature as major players are focusing towards the product innovation strategies due to changing need of healthcare establishments, surgeons and patients

For example, in May 2015, Medtronic announced that StealthStation, a surgical navigation technology has received approval from the U.S. FDA for expanded use of the same in other surgical procedures apart from neurosurgery

To Access Browse Full Research Report @:
http://www.radiantinsights.com/research/orthopedic-navigation-systems-market

Table of Contents

Chapter 1 Research Methodology & Scope
1.1 Research Methodology
1.2 Research Scope & Assumptions
1.3 List of Data Sources

Chapter 2 Executive Summary
2.1 Market Snapshot

Chapter 3 Orthopedic Navigation System Market Variables, Trends & Scope
3.1 Market segmentation& scope
3.1.1 Market Driver Analysis
3.1.1.1 Growing prevalence of target disorders
3.1.1.2 Increasing demand for minimally invasive medical procedures
3.1.1.3 Advantages of computer-assisted surgery
3.1.2 Market Restraint Analysis
3.1.2.1 High instrument and procedural cost
3.2 Penetration & growth prospect mapping
3.3 Average selling price
3.3.1 Hip surgery navigation system
3.3.2 Knee surgery navigation system
3.4 Orthopedic Navigation System- PESTLE Analysis
3.5 Industry Analysis – Porter’s

To Access Request A Sample Copy Of This Report at:  http://www.radiantinsights.com/research/orthopedic-navigation-systems-market/request-sample 

About Radiant Insights:
Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. It assist and facilitate organizations and individuals procure market research reports, helping them in the decision making process. The Organization has a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions.

Media Contact:
Company Name: Radiant Insights, Inc
Contact Person: Michelle Thoras
Email: sales@radiantinsights.com
Phone: (415) 349-0054
Address: 28 2nd Street, Suite 3036
City: San Francisco
State: California
Country: United States
For more information, Visit: http://www.radiantinsights.com

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