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The predicted growth for the orthopedic surgical navigation systems market share from 2021 to 2026 is USD 140.07 million at a progressing CAGR of 6.96%.
This orthopedic surgical navigation systems market forecast report extensively covers segmentations by:
The orthopedic surgical navigation systems market report offers information on several market vendors, including Amplitude SAS, B. Braun SE, Brainlab AG, Exactech Inc., Globus Medical Inc., Intellijoint Surgical Inc., Intersect ENT Inc., Johnson and Johnson, joimax GmbH, Kinamed Inc., Medtronic Plc, MicroPort Scientific Corp., OrthAlign Inc., OrthoGrid Systems Inc., Orthokey Italia SRL, Siemens Healthcare GmbH, Smith and Nephew plc, Stryker Corp., Toshbro Medicals Pvt. Ltd., and Zimmer Biomet Holdings Inc. among others. Furthermore, our analysts have provided valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches for the coming years.
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The high prevalence of osteoporosis is notably driving the orthopedic surgical navigation systems market growth, although factors such as the high cost of surgical navigation systems may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the orthopedic surgical navigation systems industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.
Key Orthopedic Surgical Navigation Systems Market Driver
Key Orthopedic Surgical Navigation Systems Market Trend
Key Orthopedic Surgical Navigation Systems Market Challenge
This orthopedic surgical navigation systems market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.
Technavio categorizes the global orthopedic surgical navigation systems market as a part of the healthcare technology segment, which, in turn, is a part of the global healthcare market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the orthopedic surgical navigation systems market during the forecast period.
The report analyzes the market's competitive landscape and offers information on several market vendors, including:
This statistical study of the orthopedic surgical navigation systems market encompasses successful business strategies deployed by the key vendors. The orthopedic surgical navigation systems market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market.
To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The orthopedic surgical navigation systems market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
Our report provides extensive information on the value chain analysis for the orthopedic surgical navigation systems market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.
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41% of the market's growth will originate from North America during the forecast period. The US and Canada are the key markets for the orthopedic surgical navigation systems market in North America. Market growth in this region will be slower than the growth of the market in other regions.
The increasing US FDA approvals for advancements in surgical navigation technology will facilitate the orthopedic surgical navigation systems market growth in North America over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.
COVID Impact and Recovery Analysis
In 2020, the outbreak of COVID-19 negatively impacted the growth of the market in the region. However, in 2021, the initiation of vaccination drives led to the lifting of lockdown restrictions in North America. This has resulted in the resumption of orthopedic surgeries, which has increased the demand for orthopedic surgical navigation systems in the region. Also, the advent of new products and surgical devices and procedures will increase the demand for orthopedic surgical navigation systems in North America during the forecast period.
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The orthopedic surgical navigation systems market share growth by the optical navigation systems segment will be significant during the forecast period. Optical navigation systems technology provides real-time information to surgeons with the help of a 3D camera and enables them to understand the exact angle for orientation. This system leads to minimal postoperative complications, less medication requirement, and a reduction in re-hospitalization. These benefits of optical navigation systems technology will drive the orthopedic surgical navigation systems market growth during the forecast period.
This report provides an accurate prediction of the contribution of all the segments to the growth of the orthopedic surgical navigation systems market size and actionable market insights on post COVID-19 impact on each segment.
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Orthopedic Surgical Navigation Systems Market Scope |
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Report Coverage |
Details |
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Page number |
120 |
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Base year |
2021 |
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Forecast period |
2022-2026 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 6.96% |
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Market growth 2022-2026 |
$ 140.07 million |
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Market structure |
Fragmented |
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YoY growth (%) |
6.36 |
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Regional analysis |
North America, Europe, Asia, and Rest of World (ROW) |
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Performing market contribution |
North America at 41% |
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Key consumer countries |
US, Canada, Germany, UK, France, US, Canada, Germany, UK, and France |
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Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
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Key companies profiled |
Amplitude SAS, B. Braun SE, Brainlab AG, Exactech Inc., Globus Medical Inc., Intellijoint Surgical Inc., Intersect ENT Inc., Johnson and Johnson, joimax GmbH, Kinamed Inc., Medtronic Plc, MicroPort Scientific Corp., OrthAlign Inc., OrthoGrid Systems Inc., Orthokey Italia SRL, Siemens Healthcare GmbH, Smith and Nephew plc, Stryker Corp., Toshbro Medicals Pvt. Ltd., and Zimmer Biomet Holdings Inc. |
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Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Five Forces Analysis
5 Market Segmentation by Technology
6 Market Segmentation by End-user
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Vendor Landscape
11 Vendor Analysis
12 Appendix
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
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