PUBLISHER: KBV Research | PRODUCT CODE: 1395789
PUBLISHER: KBV Research | PRODUCT CODE: 1395789
North America Orthopedic Navigation Systems Market Size, Share & Industry Trends Analysis Report By End-use, By Application, By Technology, By Country and Growth Forecast, 2023 - 2030
The North America Orthopedic Navigation Systems Market would witness market growth of 11.6% CAGR during the forecast period (2023-2030).
Orthopedic navigation systems represent a significant technological advancement in orthopedic surgery, transforming how surgical procedures are planned and executed. These systems utilize imaging techniques and computer-assisted tools to guide surgeons with precision and accuracy during orthopedic surgeries. These systems provide real-time, high-precision guidance to surgeons during procedures. They enable more exact bone cuts and implant placements by providing accurate data on the positioning of surgical instruments and implants, lowering the likelihood of problems and the need for revision procedures.
In addition, the increased precision and reduced margin of error achieved with navigation systems translate into better patient outcomes. These systems are precious in complex joint replacement surgeries, enabling personalized, patient-specific procedures. Orthopedic navigation reduces the reliance on fluoroscopy, which involves ionizing radiation. This leads to reduced radiation exposure for both patients and surgical teams, promoting safety and reducing potential health risks. Navigation systems provide an excellent platform for training and skill development among surgeons. They allow less-experienced surgeons to perform procedures with more confidence and precision.
According to the Government of Canada, over 861,000 older adults, or more than twice as many as were found in the 2001 Census, were counted in the 2021 Census. With a 12% increase from 2016, the population of people aged 85 and beyond is one of the age groups with the most significant growth. In 2022, 2.3% of people were 85 years of age or older. Thus, the rise in healthcare spending and the aging population in North America will boost the demand in the regional market.
The US market dominated the North America Orthopedic Navigation Systems Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $1,620.7 Million by 2030. The Canada market is experiencing a CAGR of 14.1% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 13.1% during (2023 - 2030).
Based on End-use, the market is segmented into Hospitals, and Ambulatory Surgical Centers. Based on Application, the market is segmented into Knee, Hip, and Spine. Based on Technology, the market is segmented into Optical, Electromagnetic, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include B. Braun Melsungen AG, Stryker Corporation, Medtronic PLC, Smith & Nephew PLC, Johnson & Johnson, Zimmer Biomet Holdings, Inc., Vuzix Corporation, Kinamed Inc., Globus Medical, Inc. and Exactech, Inc.
Scope of the Study
Market Segments covered in the Report:
By End-use
- Hospitals
- Ambulatory Surgical Centers
By Application
- Knee
- Hip
- Spine
By Technology
- Optical
- Electromagnetic
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Companies Profiled
- B. Braun Melsungen AG
- Stryker Corporation
- Medtronic PLC
- Smith & Nephew PLC
- Johnson & Johnson
- Zimmer Biomet Holdings, Inc.
- Vuzix Corporation
- Kinamed Inc.
- Globus Medical, Inc.
- Exactech, Inc.
Unique Offerings from KBV Research
- Exhaustive coverage
- Highest number of market tables and figures
- Subscription based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 North America Orthopedic Navigation Systems Market, by End-use
- 1.4.2 North America Orthopedic Navigation Systems Market, by Application
- 1.4.3 North America Orthopedic Navigation Systems Market, by Technology
- 1.4.4 North America Orthopedic Navigation Systems Market, by Country
- 1.5 Methodology for the research
Chapter 2. Market At a Glance
- 2.1 Key Highlights
Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.1.1 Overview
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
Chapter 4. Competition Analysis - Global
- 4.1 KBV Cardinal Matrix
- 4.2 Recent Industry Wide Strategic Developments
- 4.2.1 Partnerships, Collaborations and Agreements
- 4.2.2 Product Launches and Product Expansions
- 4.2.3 Acquisition and Mergers
- 4.2.4 Trials and Approvals
- 4.3 Top Winning Strategies
- 4.3.1 Key Leading Strategies: Percentage Distribution (2019-2023)
- 4.3.2 Key Strategic Move: (Mergers & Acquisition: 2019, Mar - 2023, Sep) Leading Players
- 4.4 Porter Five Forces Analysis
Chapter 5. North America Orthopedic Navigation Systems Market by End-use
- 5.1 North America Hospitals Market by Country
- 5.2 North America Ambulatory Surgical Centers Market by Country
Chapter 6. North America Orthopedic Navigation Systems Market by Application
- 6.1 North America Knee Market by Country
- 6.2 North America Hip Market by Country
- 6.3 North America Spine Market by Country
Chapter 7. North America Orthopedic Navigation Systems Market by Technology
- 7.1 North America Optical Market by Country
- 7.2 North America Electromagnetic Market by Country
- 7.3 North America Others Market by Country
Chapter 8. North America Orthopedic Navigation Systems Market by Country
- 8.1 US Orthopedic Navigation Systems Market
- 8.1.1 US Orthopedic Navigation Systems Market by End-use
- 8.1.2 US Orthopedic Navigation Systems Market by Application
- 8.1.3 US Orthopedic Navigation Systems Market by Technology
- 8.2 Canada Orthopedic Navigation Systems Market
- 8.2.1 Canada Orthopedic Navigation Systems Market by End-use
- 8.2.2 Canada Orthopedic Navigation Systems Market by Application
- 8.2.3 Canada Orthopedic Navigation Systems Market by Technology
- 8.3 Mexico Orthopedic Navigation Systems Market
- 8.3.1 Mexico Orthopedic Navigation Systems Market by End-use
- 8.3.2 Mexico Orthopedic Navigation Systems Market by Application
- 8.3.3 Mexico Orthopedic Navigation Systems Market by Technology
- 8.4 Rest of North America Orthopedic Navigation Systems Market
- 8.4.1 Rest of North America Orthopedic Navigation Systems Market by End-use
- 8.4.2 Rest of North America Orthopedic Navigation Systems Market by Application
- 8.4.3 Rest of North America Orthopedic Navigation Systems Market by Technology
Chapter 9. Company Profiles
- 9.1 Kinamed Inc.
- 9.1.1 Company Overview
- 9.1.2 SWOT Analysis
- 9.2 B. Braun Melsungen AG
- 9.2.1 Company Overview
- 9.2.2 Financial Analysis
- 9.2.3 Segmental and Regional Analysis
- 9.2.4 Research & Development Expenses
- 9.2.5 Recent strategies and developments:
- 9.2.5.1 Partnerships, Collaborations, and Agreements:
- 9.2.5.2 Acquisition and Mergers:
- 9.2.6 SWOT Analysis
- 9.3 Stryker Corporation
- 9.3.1 Company Overview
- 9.3.2 Financial Analysis
- 9.3.3 Segmental and Regional Analysis
- 9.3.4 Research & Development Expense
- 9.3.5 Recent strategies and developments:
- 9.3.5.1 Product Launches and Product Expansions:
- 9.3.5.2 Acquisition and Mergers:
- 9.3.6 SWOT Analysis
- 9.4 Medtronic PLC
- 9.4.1 Company overview
- 9.4.2 Financial Analysis
- 9.4.3 Segmental and Regional Analysis
- 9.4.4 Research & Development Expenses
- 9.4.5 Recent strategies and developments:
- 9.4.5.1 Partnerships, Collaborations, and Agreements:
- 9.4.5.2 Acquisition and Mergers:
- 9.4.6 SWOT Analysis
- 9.5 Smith & Nephew PLC
- 9.5.1 Company Overview
- 9.5.2 Financial Analysis
- 9.5.3 Regional and Segmental Analysis
- 9.5.4 Research & Development Expense
- 9.5.5 Recent strategies and developments:
- 9.5.5.1 Partnerships, Collaborations, and Agreements:
- 9.5.5.2 Product Launches and Product Expansions:
- 9.5.5.3 Acquisition and Mergers:
- 9.5.6 SWOT Analysis
- 9.6 Johnson & Johnson
- 9.6.1 Company Overview
- 9.6.2 Financial Analysis
- 9.6.3 Segmental & Regional Analysis
- 9.6.4 Research & Development Expenses
- 9.6.5 Recent strategies and developments:
- 9.6.5.1 Partnerships, Collaborations, and Agreements:
- 9.6.5.2 Trials and Approvals:
- 9.6.5.3 Acquisition and Mergers:
- 9.6.6 SWOT Analysis
- 9.7 Zimmer Biomet Holdings, Inc.
- 9.7.1 Company Overview
- 9.7.2 Financial Analysis
- 9.7.3 Regional Analysis
- 9.7.4 Research & Development Expense
- 9.7.5 Recent strategies and developments:
- 9.7.5.1 Partnerships, Collaborations, and Agreements:
- 9.7.5.2 Product Launches and Product Expansions:
- 9.7.5.3 Acquisition and Mergers:
- 9.7.6 SWOT Analysis
- 9.8 Vuzix Corporation
- 9.8.1 Company Overview
- 9.8.2 Financial Analysis
- 9.8.3 Regional Analysis
- 9.8.4 Research & Development Expenses
- 9.8.5 SWOT Analysis
- 9.9 Globus Medical, Inc.
- 9.9.1 Company Overview
- 9.9.2 Financial Analysis
- 9.9.3 Regional Analysis
- 9.9.4 Research & Development Expense
- 9.9.5 Recent strategies and developments:
- 9.9.5.1 Partnerships, Collaborations, and Agreements:
- 9.9.5.2 Acquisition and Mergers:
- 9.9.6 SWOT Analysis
- 9.10. Exactech, Inc.
- 9.10.1 Company Overview
- 9.10.2 Recent strategies and developments:
- 9.10.2.1 Product Launches and Product Expansions:
- 9.10.3 SWOT Analysis
LIST OF TABLES
- TABLE 1 North America Orthopedic Navigation Systems Market, 2019 - 2022, USD Million
- TABLE 2 North America Orthopedic Navigation Systems Market, 2023 - 2030, USD Million
- TABLE 3 Partnerships, Collaborations and Agreements- Orthopedic Navigation Systems Market
- TABLE 4 Product Launches And Product Expansions- Orthopedic Navigation Systems Market
- TABLE 5 Acquisition and Mergers- Orthopedic Navigation Systems Market
- TABLE 6 Trials and Approvals- Orthopedic Navigation Systems Market
- TABLE 7 North America Orthopedic Navigation Systems Market by End-use, 2019 - 2022, USD Million
- TABLE 8 North America Orthopedic Navigation Systems Market by End-use, 2023 - 2030, USD Million
- TABLE 9 North America Hospitals Market by Country, 2019 - 2022, USD Million
- TABLE 10 North America Hospitals Market by Country, 2023 - 2030, USD Million
- TABLE 11 North America Ambulatory Surgical Centers Market by Country, 2019 - 2022, USD Million
- TABLE 12 North America Ambulatory Surgical Centers Market by Country, 2023 - 2030, USD Million
- TABLE 13 North America Orthopedic Navigation Systems Market by Application, 2019 - 2022, USD Million
- TABLE 14 North America Orthopedic Navigation Systems Market by Application, 2023 - 2030, USD Million
- TABLE 15 North America Knee Market by Country, 2019 - 2022, USD Million
- TABLE 16 North America Knee Market by Country, 2023 - 2030, USD Million
- TABLE 17 North America Hip Market by Country, 2019 - 2022, USD Million
- TABLE 18 North America Hip Market by Country, 2023 - 2030, USD Million
- TABLE 19 North America Spine Market by Country, 2019 - 2022, USD Million
- TABLE 20 North America Spine Market by Country, 2023 - 2030, USD Million
- TABLE 21 North America Orthopedic Navigation Systems Market by Technology, 2019 - 2022, USD Million
- TABLE 22 North America Orthopedic Navigation Systems Market by Technology, 2023 - 2030, USD Million
- TABLE 23 North America Optical Market by Country, 2019 - 2022, USD Million
- TABLE 24 North America Optical Market by Country, 2023 - 2030, USD Million
- TABLE 25 North America Electromagnetic Market by Country, 2019 - 2022, USD Million
- TABLE 26 North America Electromagnetic Market by Country, 2023 - 2030, USD Million
- TABLE 27 North America Others Market by Country, 2019 - 2022, USD Million
- TABLE 28 North America Others Market by Country, 2023 - 2030, USD Million
- TABLE 29 North America Orthopedic Navigation Systems Market by Country, 2019 - 2022, USD Million
- TABLE 30 North America Orthopedic Navigation Systems Market by Country, 2023 - 2030, USD Million
- TABLE 31 US Orthopedic Navigation Systems Market, 2019 - 2022, USD Million
- TABLE 32 US Orthopedic Navigation Systems Market, 2023 - 2030, USD Million
- TABLE 33 US Orthopedic Navigation Systems Market by End-use, 2019 - 2022, USD Million
- TABLE 34 US Orthopedic Navigation Systems Market by End-use, 2023 - 2030, USD Million
- TABLE 35 US Orthopedic Navigation Systems Market by Application, 2019 - 2022, USD Million
- TABLE 36 US Orthopedic Navigation Systems Market by Application, 2023 - 2030, USD Million
- TABLE 37 US Orthopedic Navigation Systems Market by Technology, 2019 - 2022, USD Million
- TABLE 38 US Orthopedic Navigation Systems Market by Technology, 2023 - 2030, USD Million
- TABLE 39 Canada Orthopedic Navigation Systems Market, 2019 - 2022, USD Million
- TABLE 40 Canada Orthopedic Navigation Systems Market, 2023 - 2030, USD Million
- TABLE 41 Canada Orthopedic Navigation Systems Market by End-use, 2019 - 2022, USD Million
- TABLE 42 Canada Orthopedic Navigation Systems Market by End-use, 2023 - 2030, USD Million
- TABLE 43 Canada Orthopedic Navigation Systems Market by Application, 2019 - 2022, USD Million
- TABLE 44 Canada Orthopedic Navigation Systems Market by Application, 2023 - 2030, USD Million
- TABLE 45 Canada Orthopedic Navigation Systems Market by Technology, 2019 - 2022, USD Million
- TABLE 46 Canada Orthopedic Navigation Systems Market by Technology, 2023 - 2030, USD Million
- TABLE 47 Mexico Orthopedic Navigation Systems Market, 2019 - 2022, USD Million
- TABLE 48 Mexico Orthopedic Navigation Systems Market, 2023 - 2030, USD Million
- TABLE 49 Mexico Orthopedic Navigation Systems Market by End-use, 2019 - 2022, USD Million
- TABLE 50 Mexico Orthopedic Navigation Systems Market by End-use, 2023 - 2030, USD Million
- TABLE 51 Mexico Orthopedic Navigation Systems Market by Application, 2019 - 2022, USD Million
- TABLE 52 Mexico Orthopedic Navigation Systems Market by Application, 2023 - 2030, USD Million
- TABLE 53 Mexico Orthopedic Navigation Systems Market by Technology, 2019 - 2022, USD Million
- TABLE 54 Mexico Orthopedic Navigation Systems Market by Technology, 2023 - 2030, USD Million
- TABLE 55 Rest of North America Orthopedic Navigation Systems Market, 2019 - 2022, USD Million
- TABLE 56 Rest of North America Orthopedic Navigation Systems Market, 2023 - 2030, USD Million
- TABLE 57 Rest of North America Orthopedic Navigation Systems Market by End-use, 2019 - 2022, USD Million
- TABLE 58 Rest of North America Orthopedic Navigation Systems Market by End-use, 2023 - 2030, USD Million
- TABLE 59 Rest of North America Orthopedic Navigation Systems Market by Application, 2019 - 2022, USD Million
- TABLE 60 Rest of North America Orthopedic Navigation Systems Market by Application, 2023 - 2030, USD Million
- TABLE 61 Rest of North America Orthopedic Navigation Systems Market by Technology, 2019 - 2022, USD Million
- TABLE 62 Rest of North America Orthopedic Navigation Systems Market by Technology, 2023 - 2030, USD Million
- TABLE 63 Key Information - Kinamed Inc.
- TABLE 64 Key Information - B. Braun Melsungen AG
- TABLE 65 Key Information - Stryker Corporation
- TABLE 66 Key Information - Medtronic PLC
- TABLE 67 Key Information - Smith & Nephew PLC
- TABLE 68 Key Information - Johnson & Johnson
- TABLE 69 Key Information - Zimmer Biomet Holdings, Inc.
- TABLE 70 Key Information - Vuzix Corporation
- TABLE 71 Key Information - Globus Medical, Inc.
- TABLE 72 Key Information - Exactech, Inc.
