Orthopedic Navigation Systems Market Analysis | United States | 2017-2023 | MedCore
Orthopedic image guided surgery (IGS) systems are used in procedures such as total knee arthroplasty (TKA), total hip arthroplasty (THA), anterior cruciate ligament (ACL) reconstruction, trauma and corrective surgeries. During these reconstruction procedures, the alignment of the orthopedic implant is critical and IGS systems are capable of reaching the target alignment within 3°, 95% to 98% of the time.
- Year: 2017
- Scope: 2013-2023
- Region: United States
- Published Date: 11/1/2016
- Pages: 72
- Type: MedCore
The majority of IGS cross-platform systems have orthopedic capabilities, but very few are sold outright for use in orthopedics. Many companies who were once very active in this market still manufacture their system but do not actively market and promote sales unless clients directly ask for upgrades. IGS systems are not standard of care in orthopedics, unlike in neurosurgery. This is due to competing technologies, such as patient-specific cut blocks, which also incorporate pre-operative imaging, as well as pressure sensors. Cut blocks saw a rise in popularity and adoption for several years; however, some hospitals have found IGS systems to be more cost-effective, and this alternative has not been considered as much of a competitor since 2014. Robotic systems are also expected to create competition, with companies such as Stryker beginning to sell these systems alongside traditional ones. However, the high price and recent appearance of this technology will prevent it from entirely displacing non-robotic navigation in the near term. Surgeons who have adopted navigation systems for orthopedics generally keep using the system due to clinical benefits, such as reduced revisions. However, surgeons who prefer other technology argue that navigation systems are too cumbersome, too expensive and the added costs do not outweigh the benefits over the other technologies. Nevertheless, the complexity of TKA and THA procedures means that navigation technology can provide concrete clinical and economic benefits.
iData’s 9-Step Research MethodologyOur reports follow an in-depth 9-step methodology which focuses on the following research systems:
- Original primary research that consists of the most up-to-date market data
- Strong foundation of quantitative and qualitative research
- Focused on the needs and strategic challenges of the industry participants
Step 1: Project Initiation & Team Selection During this preliminary investigation, all staff members involved in the industry discusses the topic in detail.
Step 2: Prepare Data Systems and Perform Secondary Research The first task of the research team is to prepare for the data collection process: Filing systems and relational databases are developed as needed.
Step 3: Preparation for Interviews & Questionnaire Design The core of all iData research reports is primary market research. Interviews with industry insiders represent the single most reliable way to obtain accurate, current data about market conditions, trends, threats and opportunities.
Step 4: Performing Primary Research At this stage, interviews are performed using contacts and information acquired in the secondary research phase.
Step 5: Research Analysis: Establishing Baseline Estimates Following the completion of the primary research phase, the collected information must be synthesized into an accurate view of the market status. The most important question is the current state of the market.
Step 6: Market Forecast and Analysis iData Research uses a proprietary method to combine statistical data and opinions of industry experts to forecast future market values.
Step 7: Identify Strategic Opportunities iData analysts identify in broad terms why some companies are gaining or losing share within a given market segment.
Step 8: Final Review and Market Release An integral part of the iData research methodology is a built-in philosophy of quality control and continuing improvement is integral to the iData philosophy.
Step 9: Customer Feedback and Market Monitoring iData philosophy of continuous improvement requires that reports and consulting projects be monitored after release for customer feedback and market accuracy.
Surgical Robotics and Navigation Market Analysis, Size, Trends | India | 2017-2023 | MedSuite (Includes 7 Reports)
Surgical Robotics and Navigation Market Analysis, Size, Trends | India | 2017-2023 | MedSuite (Includes 7 Reports)A number of factors are impacting the Surgical Robotics and Navigation market both positively and negatively. This report includes an analysis of how recruitment competition, economic benefits, clinical benefits as well as the revenue from procedures are positively impacting each segment.... more...
Orthopedic Navigation Systems Market Analysis | India | 2017-2023 | MedCoreIGS systems are not standard of care in orthopedics, unlike in neurosurgery. This is due to competing technologies, such as patient-specific cut blocks, which also incorporate pre-operative imaging, as well as pressure sensors. Cut blocks saw a rise in popularity and adoption for several years;... more...
Surgical Robotics Systems Market Analysis | United States | 2017-2023 | MedCoreThe spinal robotic assisted surgery market is dominated by one player; however, FDA approval was granted to a new system at the beginning of 2016. This growth in Mazors installed base also increased revenues from services and maintenance. Capital revenues are expected to grow over the short-term... more...
ENT Navigation Systems Market Analysis | India | 2017-2023 | MedCoreOtolaryngologists often have a stricter budget compared to spinal surgeons and neurosurgeons. This creates incentive for companies to provide more affordable portable and compact systems, which leads to a lower ASP than in other segments. ENT navigation procedures can also be performed on most... more...