Global Orthopedic Surgical Robots Market Size & Outlook
Global orthopedic surgical robots market, 2018-2030 (US$M)
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Global orthopedic surgical robots market highlights
- The global orthopedic surgical robots market generated a revenue of USD 743.3 million in 2023 and is expected to reach USD 1,093.5 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 5.7% by 2030.
- In terms of segment, knee accounted for a revenue of USD 320.9 million in 2023.
- Spine is the most lucrative application segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, Saudi Arabia is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 743.3 million |
| Market revenue in 2030 | USD 1,093.5 million |
| Growth rate | 5.7% (CAGR from 2023 to 2030) |
| Largest segment | Knee |
| Fastest growing segment | Spine |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hip, Knee, Spine, Other Applications |
Other key industry trends
- In terms of revenue, the North America accounted for 49.9% of the global orthopedic surgical robots market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Saudi Arabia is the fastest growing regional market and is projected to reach USD 9.5 million by 2030.
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Orthopedic Surgical Robots Market Scope
Orthopedic Surgical Robots Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Wright Medical Group | View profile | 1001-5000 | Arlington, Tennessee, United States, North America | http://www.wright.com/ |
| OMNIlife science | View profile | 51-100 | East Taunton, Massachusetts, United States, North America | http://www.omnils.com |
| THINK Surgical | View profile | 101-250 | Fremont, California, United States, North America | http://thinksurgical.com |
| Medrobotics | View profile | 101-250 | Raynham, Massachusetts, United States, North America | http://medrobotics.com |
| Asensus Surgical Inc Ordinary Shares | View profile | 209 | 1 TW Alexander Drive, Suite 160, Durham, NC, United States, 27703 | https://www.asensus.com |
| Accuray Inc | View profile | 1024 | 1240 Deming Way, Madison, WI, United States, 53717 | https://www.accuray.com |
| Renishaw PLC | View profile | 5175 | New Mills, Wotton-under-Edge, Gloucestershire, United Kingdom, GL12 8JR | https://www.renishaw.com |
| Globus Medical Inc Class A | View profile | 5000 | 2560 General Armistead Avenue, Audubon, PA, United States, 19403 | https://www.globusmedical.com |
| Smith & Nephew PLC | View profile | 18452 | Hatters Lane, Building 5, Croxley Park, Watford, Hertfordshire, United Kingdom, WD18 8YE | https://www.smith-nephew.com |
| Nordson Corp | View profile | 7900 | 28601 Clemens Road, Westlake, OH, United States, 44145 | https://www.nordson.com |
| Intuitive Surgical Inc | View profile | 13676 | 1020 Kifer Road, Sunnyvale, CA, United States, 94086-5304 | https://www.intuitive.com |
| Zimmer Biomet Holdings Inc | View profile | 18000 | 345 East Main Street, Warsaw, IN, United States, 46580 | https://www.zimmerbiomet.com |
| Stryker Corp | View profile | 52000 | 1941 Stryker Way, Portage, MI, United States, 49002 | https://www.stryker.com |
| Medtronic PLC | View profile | 95000 | Lower Hatch Street, 20 On Hatch, Dublin, Ireland, 2 | https://www.medtronic.com |
| Johnson & Johnson | View profile | 134400 | One Johnson and Johnson Plaza, New Brunswick, NJ, United States, 08933 | https://www.jnj.com |
Global orthopedic surgical robots market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to orthopedic surgical robots market will help companies and investors design strategic landscapes.
Knee was the largest segment with a revenue share of 43.17% in 2023. Horizon Databook has segmented the Global orthopedic surgical robots market based on hip, knee, spine, other applications covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Orthopedic Surgical Robots Application Outlook (Revenue, USD Million, 2018-2030)
- Other Applications
- Hip
- Spine
- Knee
- Global Orthopedic Surgical Robots End Use Outlook (Revenue, USD Million, 2018-2030)
- Inpatient (Hospital)
- Outpatient (ASCs, Surgical Centers)
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Horizon Databook provides a detailed overview of global-level data and insights on the Global orthopedic surgical robots market , including forecasts for subscribers. This global databook contains high-level insights into Global orthopedic surgical robots market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global orthopedic surgical robots market report size, by regions, 2018-2030 (US$M)
Top 10 countries: Orthopedic surgical robots market report size, 2023 (US$M)
Global orthopedic surgical robots market report share, by end use, 2023 & 2030 (%, US$M)
Orthopedic surgical robots market: Opportunity assessment by country
Global orthopedic surgical robots market, by region, 2023 (US$M)
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