Orthopaedic Navigation System Market Size

Orthopaedic Navigation Systems Market size was valued at USD 2.63 billion in 2023 and is expected to reach USD 12.02 billion by 2036, registering around 12.4% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of orthopaedic navigation systems is assessed at USD 2.89 billion.

The number of patients who are suffering from a variety of orthopaedic conditions such as osteoporosis, osteoarthritis, rheumatoid arthritis, ulnar tunnel syndrome and ligamentous knee injuries is increasing rapidly and these disorders affect the musculoskeletal system of the body including muscles, nerves, ligaments, bones and others. This leads to decrease in the range of stiffness, swelling and others that subsequently requires surgical treatment and thus, the market for orthopedic navigation system is predicted to increase in upcoming years. However, the market is highly competitive as there are several regional as well as international players who are improving their technological experience by developing robot-assisted technologies in order to gain competitive advantage.