North America Orthopedic Surgical Robots Market 2024-2033 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 Country: Trend Forecast and Growth Opportunity
- Report ID: 65441
- Date: May, 2024
- Pages: 121
- Category: ICT & Media
North America orthopedic surgical robots market is projected to grow by 25.9% annually in the forecast period and reach $13.22 billion by 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. North America 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 27 tables and 47 figures, this 121-page report “North America Orthopedic Surgical Robots Market 2024-2033 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 Country: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire North America 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 2021-2023 and provides forecast from 2024 till 2033 with 2023 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 North America 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 North America orthopedic surgical robots market in every aspect of the classification from perspectives of Offering, Surgery Type, End User, Distribution Channel, and Country.
Based on Offering, the North America market is segmented into the following sub-markets with annual revenue ($ mn) for 2024-2033 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 North America market is segmented into the following sub-markets with annual revenue ($ mn) for 2024-2033 included in each section.
• Knee Surgery
• Hip Surgery
• Other Surgeries
By End User, the North America market is segmented into the following sub-markets with annual revenue ($ mn) for 2024-2033 included in each section.
• Hospitals
• Orthopedic Clinics
• Ambulatory Surgical Centers (ASCs)
• Other End Users
By Distribution Channel, the North America market is segmented into the following sub-markets with annual revenue ($ mn) for 2024-2033 included in each section.
• Direct Sales
• Third-party Distributors
Geographically, the following national/local markets are fully investigated:
• U.S.
• Canada
• Mexico
For each key country, detailed analysis and data for annual revenue ($ mn) are available for 2024-2033. The breakdown of national markets 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 7
1.1 Industry Definition and Research Scope 7
1.1.1 Industry Definition 7
1.1.2 Research Scope 9
1.2 Research Methodology 12
1.2.1 Overview of Market Research Methodology 12
1.2.2 Market Assumption 13
1.2.3 Secondary Data 13
1.2.4 Primary Data 13
1.2.5 Data Filtration and Model Design 14
1.2.6 Market Size/Share Estimation 15
1.2.7 Research Limitations 16
1.3 Executive Summary 17
2 Market Overview and Dynamics 20
2.1 Market Size and Forecast 20
2.1.1 Impact of COVID-19 on World Economy 21
2.1.2 Impact of COVID-19 on the Market 24
2.1.3 Impact of Russia-Ukraine Conflict: War Slows Economic Recovery 26
2.2 Major Growth Drivers 30
2.3 Market Restraints and Challenges 35
2.4 Emerging Opportunities and Market Trends 38
2.5 Porter’s Fiver Forces Analysis 42
3 Segmentation of North America Market by Offering 46
3.1 Market Overview by Offering 46
3.2 Robotic Systems 48
3.2.1 Robot Machines 50
3.2.2 Navigation Systems 51
3.2.3 Planners and Simulators 52
3.2.4 Other Components 53
3.3 Accessories and Consumables 54
3.3.1 Disposables 55
3.3.2 CNC Machines 56
3.3.3 Robotic Tools 57
3.3.4 Other Instruments and Accessories 58
3.4 Software and Services 59
4 Segmentation of North America Market by Surgery Type 60
4.1 Market Overview by Surgery Type 60
4.2 Knee Surgery 62
4.3 Hip Surgery 63
4.4 Other Surgeries 64
5 Segmentation of North America Market by End User 65
5.1 Market Overview by End User 65
5.2 Hospitals 67
5.3 Orthopedic Clinics 68
5.4 Ambulatory Surgical Centers (ASCs) 69
5.5 Other End Users 70
6 Segmentation of North America Market by Distribution Channel 71
6.1 Market Overview by Distribution Channel 71
6.2 Direct Sales 73
6.3 Third-party Distributors 74
7 North America Market 2022-2032 by Country 75
7.1 Overview of North America Market 75
7.2 U.S. 78
7.3 Canada 81
7.4 Mexico 83
8 Competitive Landscape 85
8.1 Overview of Key Vendors 85
8.2 New Product Launch, Partnership, Investment, and M&A 90
8.3 Company Profiles 91
Accuray Incorporated 91
Auris Health Inc. 93
Brainlab AG 94
Curexo Technology Corp. 95
DePuy Synthes (Johnson & Johnson) 96
Globus Medical 99
Intuitive Surgical 100
Kinamed Inc. 101
Mazor Robotics Ltd. 102
Medrobotics Corporation 103
Medtronic Inc. 104
Merge Healthcare 106
Nordson Corporation 107
NuVasive Inc. 108
OMNIlife Science, Inc. 109
Shenzhen Institutes of Advanced Technology (SIAT) 110
Simbionix USA Corp. 111
Smith & Nephew PLC 113
Stryker Corp. / MAKO 114
Think Surgical, Inc. 117
Wright Medical Technology, Inc. 118
Zimmer Biomet Holdings, Inc. 120
RELATED REPORTS 121
List of Tables
List of Tables:
Table 1. Snapshot of North America Orthopedic Surgical Robots Market in Balanced Perspective, 2022-2032 18
Table 2. World Economic Outlook, 2021-2031 22
Table 3. World Economic Outlook, 2021-2023 23
Table 4. Scenarios for Economic Impact of Ukraine Crisis 27
Table 5. Worldwide Procedure Volume of Robot-assisted Surgeries, 2020-2030, million 32
Table 6. World Health Spending by Region, $ bn, 2013-2020 34
Table 7. Main Product Trends and Market Opportunities in North America Orthopedic Surgical Robots Market 38
Table 8. North America Orthopedic Surgical Robots Market by Offering, 2022-2032, $ mn 46
Table 9. North America Orthopedic Surgical Robots Market: Robotic Systems by Component, 2022-2032, $ mn 49
Table 10. North America Orthopedic Surgical Robots Market: Accessories and Consumables by Type, 2022-2032, $ mn 54
Table 11. North America Orthopedic Surgical Robots Market by Surgery Type, 2022-2032, $ mn 60
Table 12. North America Orthopedic Surgical Robots Market by End User, 2022-2032, $ mn 65
Table 13. North America Orthopedic Surgical Robots Market by Distribution Channel, 2022-2032, $ mn 71
Table 14. North America Orthopedic Surgical Robots Market by Country, 2022-2032, $ mn 76
Table 15. U.S. Orthopedic Surgical Robots Market by Offering, 2022-2032, $ mn 80
Table 16. U.S. Orthopedic Surgical Robots Market by Surgery Type, 2022-2032, $ mn 80
Table 17. U.S. Orthopedic Surgical Robots Market by End User, 2022-2032, $ mn 80
Table 18. Canada Orthopedic Surgical Robots Market by Offering, 2022-2032, $ mn 82
Table 19. Canada Orthopedic Surgical Robots Market by Surgery Type, 2022-2032, $ mn 82
Table 20. Canada Orthopedic Surgical Robots Market by End User, 2022-2032, $ mn 82
Table 21. Mexico Orthopedic Surgical Robots Market by Offering, 2022-2032, $ mn 84
Table 22. Mexico Orthopedic Surgical Robots Market by Surgery Type, 2022-2032, $ mn 84
Table 23. Mexico Orthopedic Surgical Robots Market by End User, 2022-2032, $ mn 84
Table 24. Product Offering of Key Orthopedic Surgical Robotics Vendors 88
Table 25. Accuray Incorporated: Company Snapshot 91
Table 26. Accuray Incorporated: Business Segmentation 92
Table 27. Accuray Incorporated: Product Portfolio 92
List of Figures
List of Figures:
Figure 1. Research Method Flow Chart 12
Figure 2. Bottom-up Approach and Top-down Approach for Market Estimation 15
Figure 3. North America Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2022-2032 17
Figure 4. North America Orthopedic Surgical Robots Market, 2022-2032, $ mn 20
Figure 5. Impact of COVID-19 on Business 24
Figure 6. Primary Drivers and Impact Factors of North America Orthopedic Surgical Robots Market 30
Figure 7. Worldwide Geriatric Population (60 years and above) by Regions, 2015 & 2030, million 33
Figure 8. World Population 65 and Over, % of Total Population, 1950-2060 33
Figure 9. Primary Restraints and Impact Factors of North America Orthopedic Surgical Robots Market 35
Figure 10. Investment Opportunity Analysis 39
Figure 11. Porter’s Fiver Forces Analysis of North America Orthopedic Surgical Robots Market 42
Figure 12. Breakdown of North America Orthopedic Surgical Robots Market by Offering, 2022-2032, % of Revenue 47
Figure 13. North America Addressable Market Cap in 2023-2032 by Offering, Value ($ mn) and Share (%) 47
Figure 14. North America Orthopedic Surgical Robots Market by Offering: Robotic Systems, 2022-2032, $ mn 48
Figure 15. North America Orthopedic Surgical Robots Market by Offering: Robotic Systems, 2022-2032, units 49
Figure 16. North America Orthopedic Surgical Robots Market by Robotic Systems: Robot Machines, 2022-2032, $ mn 50
Figure 17. North America Orthopedic Surgical Robots Market by Robotic Systems: Navigation Systems, 2022-2032, $ mn 51
Figure 18. North America Orthopedic Surgical Robots Market by Robotic Systems: Planners and Simulators, 2022-2032, $ mn 52
Figure 19. North America Orthopedic Surgical Robots Market by Robotic Systems: Other Components, 2022-2032, $ mn 53
Figure 20. North America Orthopedic Surgical Robots Market by Offering: Accessories and Consumables, 2022-2032, $ mn 54
Figure 21. North America Orthopedic Surgical Robots Market by Accessories and Consumables: Disposables, 2022-2032, $ mn 55
Figure 22. North America Orthopedic Surgical Robots Market by Accessories and Consumables: CNC Machines, 2022-2032, $ mn 56
Figure 23. North America Orthopedic Surgical Robots Market by Accessories and Consumables: Robotic Tools, 2022-2032, $ mn 57
Figure 24. North America Orthopedic Surgical Robots Market by Accessories and Consumables: Other Instruments and Accessories, 2022-2032, $ mn 58
Figure 25. North America Orthopedic Surgical Robots Market by Offering: Software and Services, 2022-2032, $ mn 59
Figure 26. Breakdown of North America Orthopedic Surgical Robots Market by Surgery Type, 2022-2032, % of Sales Revenue 61
Figure 27. North America Addressable Market Cap in 2023-2032 by Surgery Type, Value ($ mn) and Share (%) 61
Figure 28. North America Orthopedic Surgical Robots Market by Surgery Type: Knee Surgery, 2022-2032, $ mn 62
Figure 29. North America Orthopedic Surgical Robots Market by Surgery Type: Hip Surgery, 2022-2032, $ mn 63
Figure 30. North America Orthopedic Surgical Robots Market by Surgery Type: Other Surgeries, 2022-2032, $ mn 64
Figure 31. Breakdown of North America Orthopedic Surgical Robots Market by End User, 2022-2032, % of Sales Revenue 66
Figure 32. North America Addressable Market Cap in 2023-2032 by End User, Value ($ mn) and Share (%) 66
Figure 33. North America Orthopedic Surgical Robots Market by End User: Hospitals, 2022-2032, $ mn 67
Figure 34. North America Orthopedic Surgical Robots Market by End User: Orthopedic Clinics, 2022-2032, $ mn 68
Figure 35. North America Orthopedic Surgical Robots Market by End User: Ambulatory Surgical Centers (ASCs), 2022-2032, $ mn 69
Figure 36. North America Orthopedic Surgical Robots Market by End User: Other End Users, 2022-2032, $ mn 70
Figure 37. Breakdown of North America Orthopedic Surgical Robots Market by Distribution Channel, 2022-2032, % of Revenue 72
Figure 38. North America Addressable Market Cap in 2023-2032 by Distribution Channel, Value ($ mn) and Share (%) 72
Figure 39. North America Orthopedic Surgical Robots Market by Distribution Channel: Direct Sales, 2022-2032, $ mn 73
Figure 40. North America Orthopedic Surgical Robots Market by Distribution Channel: Third-party Distributors, 2022-2032, $ mn 74
Figure 41. Breakdown of North America Orthopedic Surgical Robots Market by Country, 2022 and 2032, % of Revenue 76
Figure 42. Contribution to North America 2023-2032 Cumulative Market by Country, Value ($ mn) and Share (%) 77
Figure 43. U.S. Orthopedic Surgical Robots Market, 2022-2032, $ mn 79
Figure 44. Canada Orthopedic Surgical Robots Market, 2022-2032, $ mn 81
Figure 45. Orthopedic Surgical Robots Market in Mexico, 2022-2032, $ mn 83
Figure 46. Growth Stage of North America Orthopedic Surgical Robots Industry over the Forecast Period 85
Figure 47. SWOT Analysis of MAKO Surgical Corp. 116
Research methodology is mainly referring to the practical how of any offered piece of research. More specifically, it’s all about how a researcher systematically designs a study in order to assure extremely valid as well as reliable results that ultimately address the targets and objectives of the research.
In any formal research including academic journal, article, dissertation and so on, there will be a special section on a research methodology that mainly describes what, by whom, how to gather as well as how to evaluate the data are provided.
This research methodology has been segmented into following types:
Primary Research:
It is said to be original information that the researchers collect for the crucial purposes of answering the research questions of readers with the help of surveys, observations and experiments.
Secondary Research:
The secondary research is the data that has already been collected by various other researchers in the form of government analysis or scientific studies.
Qualitative Research:
It is descriptive and subjective method irrespective of facts. Both observation and description are essential in this type of research methodology. Its main vision is to analyze knowledge, attitudes, behaviours as well as opinions of people related to the topic of any research. This method has been operated through grounded research, case study and actionable research.
Quantitative Research:
It contains several laboratory experiments, basic surveys, mathematical calculations, simulations and so on. The possible measurement, quantity or amount is considered to be a major factor in the quantitative research methodology.
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