Product Description
The global orthopedic navigation system market was valued at $190 million in 2024. This is expected to increase over the forecast period at a CAGR of 9.8% to reach around $365 million.
The full report suite on the global market for orthopedic navigation systems includes three market segments: capital equipment, disposable and other accessories and services and maintenance revenue. Regional volumes of orthopedic procedures using a navigation system are also reported.
The report includes data for 65 countries across 7 different regions which include North America, Latin America, Western Europe, Central & Eastern Europe, Middle East, Asia-Pacific, and Africa.
MARKET REPORT DATA TYPES INCLUDED
- Unit Sales, Average Selling Prices, Market Size & Growth Trends
- Procedure Numbers
- Market Drivers & Limiters
- Market Forecasts Until 2031, and Historical Data to 2021
- Recent Mergers & Acquisitions
- Company Profiles and Product Portfolios
- Leading Competitors
GLOBAL ORTHOPEDIC NAVIGATION SYSTEMS MARKET TRENDS
The disposables and other accessories was the largest segment of the overall orthopedic navigation system market in 2024, followed closely by the capital equipment market. Over the forecast period, the disposables and other accessories market is expected to increase its share and remain the largest segment in the coming years driven by the growing adoption of the navigation system in orthopedic procedures and expanding installed base per region. Further, the North America market represented the largest portion of the overall orthopedic navigation system market by region, while the Middle East was the smallest. Over the forecast period, each region is expected to contribute a consistent amount to the overall market value, aside from North America and Western Europe. Africa are projected to have the fastest growth rate over the forecast period; however, this is due to the market’s early stage of development.
GLOBAL ORTHOPEDIC NAVIGATION SYSTEMS MARKET SHARE INSIGHTS
- Stryker led the global orthopedic navigation system market in 2024. Stryker offers a number of software packages for its navigation systems, Stryker NAV3i® and NavSuite®3. In addition to its navigation systems, Stryker also offers Mako™, an orthopedic surgical robot, allowing the company to be present in two competing technologies.
- Smith & Nephew was the second-leading position in the global orthopedic navigation system market in 2024. Up until March 2019, this position was occupied by Brainlab. However, in March 2019, the companies announced that Smith & Nephew had acquired Brainlab’s orthopedic joint reconstruction business. Similar to Stryker, Smith & Nephew is also present in competing technologies with its orthopedic surgical robots, NAVIO™ and CORI™.
- OrthAlign held the third-leading position in the orthopedic navigation system market globally in 2024. The company offers a number of different navigation solutions for partial and total knee arthroplasties, as well as total hip arthroplasties. The product portfolio includes KneeAlign®, UniAlign®, HipAlign® and, more recently, Lantern®.
GLOBAL ORTHOPEDIC NAVIGATION SYSTEMS MARKET SEGMENTATION SUMMARY
- Capital Equipment
- Disposables and Other Accessories Market
- Service and Maintenance Revenue
GLOBAL RESEARCH SCOPE
| Report Attribute | Details |
|---|---|
| Regions | North America (Canada, United States) Latin America (Argentina, Bolivia, Brazil, Chile, Colombia, Costa Rica, Dominican Republic, Ecuador, Guatemala, Mexico, Panama, Paraguay, Peru, Puerto Rico, Uruguay, Venezuela) Western Europe (Austria, Benelux, France, Germany, Italy, Portugal, Scandinavia, Spain, Switzerland, United Kingdom) Central & Eastern Europe (Azerbaijan, Baltic States, Belarus, Bulgaria, Croatia, Czech Republic, Georgia, Greece, Hungary, Kazakhstan, Poland, Romania, Russia, Serbia, Slovakia, Slovenia, Turkey, Ukraine) Middle East (Bahrain, Iran, Israel, Kuwait, Oman, Qatar, Saudi Arabia, United Arab Emirates) Asia Pacific (Australia, Cambodia, China, Hong Kong, India, Indonesia, Japan, Kyrgyzstan, Macao, Malaysia, Mongolia, Myanmar, New Zealand, Pakistan, Philippines, Singapore, South Korea, Sri Lanka, Taiwan, Thailand, Uzbekistan, Vietnam) Africa (Algeria, Egypt, Ethiopia, Ghana, Kenya, Libya, Morocco, Nigeria, South Africa, Sudan, Uganda) |
| Base Year | 2024 |
| Forecast Period | 2025-2031 |
| Historical Data | 2021-2023 |
| Quantitative Data | Procedure Numbers, Market Size, Market Shares, Market Forecasts, Market Growth Rates, Units Sold, and Average Selling Prices. |
| Qualitative Data | COVID19 Impact, Market Growth Trends, Market Limiters, Competitive Analysis & SWOT for Top Competitors, Mergers & Acquisitions, Company Profiles, Product Portfolios, FDA Recalls, Disruptive Technologies, Disease Overviews. |
| Data Sources | Primary Interviews with Industry Leaders, Government Physician Data, Regulatory Data, Hospital Private Data, Import & Export Data, iData Research Internal Database. |
