Robotic-Assisted Hip Replacement Market size was valued at USD 8.39 Billion in 2023 and is likely to reach USD 15.63 Billion by the end of 2036, expanding at around 4.9% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of robotic-assisted hip replacement is assessed at USD 8.76 Billion.The increasing demand for hip replacement surgeries owing to growing prevalence of osteoarthritis is anticipated to attribute to the growth of the market. As per Agency for Health Research and Quality, each year higher than 4 million total hip replacements are done in the U.S. Osteoarthritis is one of the major factors for hip replacement surgery which is also very frequent among geriatric population. The number of adults aged 50 or above with osteoporosis raised from 9.4% in 2007-2008 to 12.6% in 2017-2018. As people get older, hip replacements become more common. As a result of hip wear and tear, prosthetic replacement of the ball and socket joint may be the only option. Hence robotic technology is estimated to be used to aid in performing this process. Other factors causing hip joint damage are rheumatoid, hip fracture, and more.
Further, increasing adoption of automation in the medical sector is considered to boost the growth of global robotic-assisted hip replacement market trends. The goal of using automation in surgery is to make up for mistakes made by humans. There are several variables that affect patient safety in medicine, and surgery in particular. The majority of medical mistakes are caused by human failings, such as incomplete knowledge, bad judgement, a lack of dexterity, weariness, and inattentiveness. Hence the demand for robotic-assisted hip replacement is estimated to increase. Also, a growing number of hip replacement issues, and rising damage to cartilage owing to age or sedentary lifestyle practices are estimated to rise the market growth. Additionally, the demand for robotic-assisted hip replacement is expected to increase as a result of adequate health insurance and changes to the health reimbursement laws for robotic-assisted hip replacement surgeries.
Challenges
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Base Year |
2023 |
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Forecast Year |
2024-2036 |
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CAGR |
4.9% |
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Base Year Market Size (2023) |
USD 8.39 Billion |
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Forecast Year Market Size (2036) |
USD 15.63 Billion |
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Regional Scope |
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Application (Hospitals, Orthopedic Clinics, Ambulatory, Academic & Research)
The global robotic-assisted hip replacement market is segmented and analyzed for demand and supply into application which is further is segmented into hospitals, orthopedic clinics, ambulatory and academic, and research. Out of these, the hospitals segment is expected to hold the largest market size by the end of 2036 on the back of the high incidence of osteoporosis, rising number of hip fractures, and increasing road accidents during the forecast period. Worldwide, about 200 million women suffer from osteoporosis. It is estimated that the incidence of hip fracture would increase by 310% and 240% in men and women respectively. Additionally, since the recovery time is reduced owing to the robotic-assisted hip replacement, the hospital staying duration is also reduced. Hence large number of hospitals are expected to adopt this system in large scale.
Type (Passive, Semi-Active, Active Systems)
The global robotic-assisted hip replacement market is also segmented and analyzed for demand and supply by type into passive, semi-active, and active. Out of which the semi-active segment is anticipated to hold the largest market share over the forecast period. The growth of this segment can be attributed to this system having more dynamic interactions. One instance of a semi-active system is haptic feedback, which gives the surgeon tactile feedback and aids in defining particular limits (i.e., for surgical resection or safety). To build a three-dimensional image of the patient's anatomy, landmarks are specified either before surgery or during it. The 3-dimensional field is then generated by computer software with defined bounds. Through a number of feedback mechanisms, the surgeon is made aware of these limitations. Also, numerous semi-active systems offer vibratory tactile feedback, but they may also include visual and audio feedback.
Our in-depth analysis of the global market includes the following segments:
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By Type |
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By Application |
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The North America region robotic-assisted hip replacement market, amongst the market in all the other regions, is projected to hold the largest market share by the end of 2036. Highly developed infrastructure, the presence of an advanced technology base, and growing market giants during the forecast period are some of the factors estimated to boost the growth of the market in this region. Additionally, the growing incidence of osteoporosis and osteoarthritis, shortage of surgical specialists, and increasing sports and road injuries are major factors aiding in the market growth in the North America region. More than 2 million football injuries took place in the U.S in 2021. However, hip replacement is never considered as first option, despite owing to various benefits provided by robotic technology, and development of technologies, athletes are finding it efficient to undergo surgery.
Stryker revealed the release of Mako Total Hip 4.0, a smart robotic system to improve the user experience with CT-based 3D modeling and new planning features along with approach-specific and region-based pelvic registration.
DePuy Synthes announced that Australian orthopedic surgeons would be the world’s first to access the next generation of robotics.
Author Credits: Radhika Pawar
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