Orthopedic surgical robot market expected to grow significantly this decade


The orthopedic surgical robot market is expected to grow by more than $4 billion USD by 2029. This growth is expected across North America, South America, Europe, Asia, the Middle East and Africa, as listed in a report from Grey Views. 

The report suggests key countries to be involved in this growth through the decade include the United States, Canada, Mexico, Germany, China and India, among others. Fast market development in North America can be linked to an increased use of new technologies. 

The report also connects the higher demand for orthopedic surgeries to growth in certain conditions — such as joint fractures, bone infections and spinal abnormalities — with the growing market. Aging populations and their proneness to joint conditions like arthritis are also connected. 

Orthopedic surgical robot manufacturers are achieving growth through new innovation and developments, partnerships, mergers and acquisitions. Key players in this market listed in the report include THINK Surgical and Johnson & Johnson.

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