PUBLISHER: iData Research Inc. | PRODUCT CODE: 1680152
PUBLISHER: iData Research Inc. | PRODUCT CODE: 1680152
The global orthopedic navigation system market was valued at $190 million in 2024 and is expected to grow at a CAGR of 9.8%, reaching $365 million by 2031.
This market is divided into three key segments:
Market Insights & Data Coverage
Market Trends & Challenges
* The disposables and other accessories segment was the largest segment in 2024.
* Expected to increase its share over the forecast period due to higher adoption rates.
* North America represented the largest market for orthopedic navigation systems.
* The Middle East was the smallest market but is expected to grow steadily.
* Africa is projected to have the fastest growth rate due to its early stage of adoption.
Market Share Insights
Top Competitors in the Global Orthopedic Navigation System Market (2024):
1 Stryker - Market Leader in Orthopedic Navigation Systems
* Offers Stryker NAV3i(R) and NavSuite(R)3 navigation systems.
* Competes in robotic-assisted orthopedic surgery with Mako(TM).
2 Smith & Nephew - Second-Largest Market Player
* Acquired Brainlab's orthopedic joint reconstruction business in 2019.
* Competes with NAVIO(TM) and CORI(TM) orthopedic surgical robots.
3 OrthAlign - Third-Largest Market Player
* Specializes in navigation solutions for knee and hip arthroplasties.
* Product portfolio includes KneeAlign(R), UniAlign(R), HipAlign(R), and Lantern(R).
Market Segmentation Summary
Global Research Scope
* North America (U.S., Canada)
* Latin America (Brazil, Mexico, Argentina, Colombia, Chile)
* Western Europe (Germany, France, U.K., Spain, Italy)
* Central & Eastern Europe (Poland, Russia, Turkey, Hungary)
* Middle East (Saudi Arabia, UAE, Israel)
* Asia Pacific (China, Japan, India, South Korea, Australia)
* Africa (South Africa, Egypt, Nigeria, Kenya)
Quantitative Coverage
Qualitative Coverage
Data Sources: