11% of knee reconstruction surgeries completed with robots in 2020 — 8 things to know

Alan Condon -   Print  |
Listen

Robotic-assisted surgery in orthopedics has grown tremendously in recent years, particularly for knee reconstruction, one of the fastest-growing procedures, according to Medical Device Network.

Eight things to know:

1. About 3 million knee reconstruction surgeries are performed worldwide each year, according to GlobalData.

2. In 2020, 11 percent of knee reconstruction surgeries were performed with robots.

3. The number of robotic-assisted knee reconstruction surgeries is projected to reach about 700,000 by 2030.

4. The market is expected to increase at a compound annual growth rate of 8 percent from 2021 to 2030.

5. The most popular surgical robots for knee reconstruction include Stryker's Mako, Zimmer Biomet's Rosa Knee, Smith & Nephew's Cori, and Johnson & Johnson's Velys. Combined, these systems control over 95 percent of the U.S. knee robot market.

6. The global knee reconstruction market was valued at $8.4 billion before the COVID-19 pandemic, with Zimmer Biomet controlling about one-third of the market, followed by Johnson & Johnson, Stryker, and Smith & Nephew.

7. None of the smaller orthopedic players have launched robotic systems for knee reconstruction because of technological and financial challenges, according to the report.

8. Zimmer Biomet, Johnson & Johnson, Stryker, and Smith & Nephew are expected to strengthen their hold in the market while robotic-assisted knee procedures increase in popularity.

Copyright © 2021 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.

Featured Webinars

Featured Whitepapers

Featured Podcast