Orthopedic surgical robot market to soar 20.11% by 2027

The orthopedic surgical robot market is expected to grow 20.11 percent between 2022 and 2027, according to research from Technavio.

Advertisement

Fiv things to know:

1. By 2021, the global orthopedic robot market is expected to grow by $808.5 million, according to a June 13 news release. 

2. The jump in minimally invasive orthopedic procedures is an emerging trend supporting market growth.

3. However, orthopedic robotic growth could be impeded by alternative treatment methods.

4. Knee surgery robots are expected to see significant growth in the overall market.

5. The report cites medtech companies including Medtronic, NuVasive, Curexo, Stryker and Think Surgical.

At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.

Register to Attend Webinar

Is ambulatory care healthcare’s big margin engine? 4 leaders weigh in

Wednesday, July 29
1:00 PM - 2:00 PM CDT

Presenters: Joe Ganley, athenahealthJeffrey Flynn, CASC, Gramercy Surgery CenterBryan Tsao, Access Center, Loma Linda University HealthJason Zepeda, Northridge Hospital Medical Center, CommonSpirit HealthGreg DeConciliis, PA-C, CASC, Boston Out­Patient Surgical Suites

Advertisement

Next Up in Robotics

Advertisement

Comments are closed.