Global hip, knee orthopedic surgical robots market to reach $5B by 2022 — 4 things to know

The worldwide hip and knee orthopedic surgical robots market is expected to hit $4.6 billion by 2022.

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Here are four things to know:

 

1. Advanced generation robotic devices, systems and instruments are driving the market’s growth.

 

2. The aging U.S. population has increased the demand for robotic devices.

 

3. Stryker is a leader in the market, with many facilities throughout the world offering its MAKOplasty robotic devices.

 

4. Other leaders in the market include Johnson & Johnson, Shenzhen Advanced Institute Spinal Surgical Robot, Smith & Nephew, THINK Surgical, Wright Medical Technology and Zimmer Biomet.

 

More articles on devices:
Is the Johnson & Johnson job cut an ominous sign for the medical device industry? 5 key thoughts
DePuy Synthes, Medtronic, NuVasive & Stryker lead the US lateral lumbar interbody fusion market — 5 observations
Centinel Spine receives FDA clearance of spine device: 5 highlights

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