Hip & Knee Orthopedic Surgical Robot Device Market to Reach USD 5 Bn by 2022, States WinterGreen Research Report Available at MarketPublishers.com06 Jun 2016 • by Natalie Aster
LONDON – With the introduction of orthopedic surgical robots, the quality of knee and hip surgery is set to go far beyond what has been available in times past. The quality of medial knee arthroplasty is enhanced with robotic capability to provide consistent reproducible precision. This is so vital for implant surgery that the robots are poised to evolve into the de facto standard of care for knee and hip surgery in the next 5 years. Patients that have knee or hip replacement will require the clinician’s attention to the quality of living, to sustention of lifestyle enabled by a robot when they undergo joint replacement surgery.
Overall hip replacement surgery has developed substantially as technology advancements have brought enhanced, more sophisticated surgical techniques. And surgical robots and robotic assistive devices are part and parcel of that advancement.
Once, the penetration rate reaches 35%, all orthopedic surgeons will require that hospitals provide robotic orthopedic surgical capability as the outcomes are more foreseeable and better. Once a number of hospitals are offering excellent outcomes, all hospitals must approximate to that standard, the talented physicians are poised to shift to the cutting-edge technology and the patients are set to follow. This market has overstepped the threshold of 100 paid successful installations, which is the apogee for robust technology growth.
The market for hip and knee orthopedic surgical robot devices was estimated at USD 222 million in 2015 and is poised to amount to USD 5 billion by 2022-end as next-gen robotic devices, systems, and instruments are emerging to manage surgery.
Topical report “Orthopedic Surgical Robots and Surgical Robotic Assist Robots Market Shares, Strategies, and Forecasts, Worldwide, 2016 to 2022” elaborated by WinterGreen Research provides a comprehensive, unbiased examination of the marketplace, covering the number of procedures, units sold, market value, projections, as well as a granular competitive analysis of market shares. The study gives deep insights into the top companies’ challenges, successes, and major strategies in each market segment and sub segment. The research report explores the markets for knee and hip robotic orthopedic surgery specialties and sub-specialties of medicine.
More publications by our market research partner are available at WinterGreen Research page.