Product Code: BMIRE00029999
The Asia Pacific orthopedic navigation systems market was valued at US$ 548.02 million in 2022 and is expected to reach US$ 1,666.42 million by 2030; it is estimated to register a CAGR of 14.9% from 2022 to 2030.
Increasing Incidence of Orthopedic Conditions Fuels Asia Pacific Orthopedic Navigation Systems Market
The increasing incidence of osteoarthritis, musculoskeletal disorders, fractures, and other orthopedic conditions due to an aging population and a sedentary lifestyle increases the need for precise and accurate surgical procedures. Adoption of cutting-edge technologies in surgical procedures improves outcomes of procedures and life quality of patients.
Spinal injuries are the leading cause of mortality and morbidity due to weakening of neurological injury or bony spine, spinal nerves, or spinal cord. Prompt medical and surgical treatment is crucial to reduce chronic functional impairment. In addition, increasing number of sports injury cases and growing number of traffic accidents and falls propel the need for orthopedic treatments. The rising incidence of orthopedic diseases, including osteoarthritis, degenerative joint diseases, and fractures, significantly bolsters the orthopedic navigation systems market.
Asia Pacific Orthopedic Navigation Systems Market Overview
The Asia Pacific orthopedic navigation system market is segmented into China, Japan, India, South Korea, Australia, and the Rest of Asia Pacific. The market growth in Asia Pacific is mainly attributed to the high prevalence of osteoporosis, growing aging population, rising inclination toward minimally invasive surgeries, and increasing incidence of sports injuries. Furthermore, the rise in healthcare investment and the increase in the geriatric population suffering from spinal disorders are expected to boost the orthopedic navigation system market growth in Asia Pacific in the coming years.
Recently, the government of China has introduced various policies to support the development of medical devices, including the orthopedic navigation system. These policies aim to improve product quality, promote domestic manufacturing, and ensure patient safety. Additionally, the government has been working on healthcare reforms to enhance access to healthcare services, indirectly benefiting the orthopedic navigation system market by increasing the number of patients seeking treatment. Thus, the increase in the geriatric population across the country and favorable government policies boost the market growth.
Asia Pacific Orthopedic Navigation Systems Market Revenue and Forecast to 2030 (US$ Million)
Asia Pacific Orthopedic Navigation Systems Market Segmentation
The Asia Pacific orthopedic navigation systems market is segmented based on technology, application, end user, and country.
Based on technology, the Asia Pacific orthopedic navigation systems market is segmented into electromagnetic, optical, and others. The electromagnetic segment held the largest share in 2022.
Based on application, the Asia Pacific orthopedic navigation systems market is segmented into knee, hip, spine, and others. The knee segment held the largest share in 2022.
Based on end user, the Asia Pacific orthopedic navigation systems market is segmented into membrane hospitals, ambulatory surgical centers, and others. The hospitals segment held the largest share in 2022.
Based on country, the Asia Pacific orthopedic navigation systems market is categorized into Australia, China, India, Japan, South Korea, and the Rest of Asia Pacific. China dominated the Asia Pacific orthopedic navigation systems market in 2022.
Smith & Nephew Plc, Siemens Healthineers AG, B Braun SE, Stryker Corp, Medtronic Plc, Zimmer Biomet Holdings Inc, Brainlab AG, and Metronor AS are some of the leading companies operating in the Asia Pacific orthopedic navigation systems market.
Table Of Contents
1. Introduction
- 1.1 The Insight Partners Research Report Guidance
- 1.2 Market Segmentation
2. Executive Summary
3. Research Methodology
- 3.1 Coverage
- 3.2 Secondary Research
- 3.3 Primary Research
4. Asia Pacific Orthopedic Navigation System Market - Key Industry Dynamics
- 4.1 Market Drivers
- 4.1.1 Growing Advantages of Computer-Assisted Orthopedic Surgeries
- 4.1.2 Increasing Incidence of Orthopedic Conditions
- 4.2 Market Restraints
- 4.2.1 Regulatory Control, Complexity, and High Cost Associated with Orthopedic Navigation Systems
- 4.3 Market Opportunities
- 4.3.1 Growing Organic and Inorganic Strategies by Key Market Players
- 4.4 Future Trends
- 4.4.1 Rising Interest in Minimally Invasive Surgery
- 4.5 Impact Analysis
5. Orthopedic Navigation System Market - Asia Pacific Market Analysis
- 5.1 Asia Pacific Orthopedic Navigation System Market Revenue (US$ Mn), 2022 - 2030
6. Asia Pacific Orthopedic Navigation System Market - Revenue and Forecast to 2030 - by Technology
- 6.1 Overview
- 6.2 Asia Pacific Orthopedic Navigation System Market Revenue Share, by Technology 2022 & 2030 (%)
- 6.3 Electromagnetic
- 6.3.1 Overview
- 6.3.2 Electromagnetic: Asia Pacific Orthopedic Navigation System Market - Revenue and Forecast to 2030 (US$ Million)
- 6.4 Optical
- 6.4.1 Overview
- 6.4.2 Optical: Asia Pacific Orthopedic Navigation System Market - Revenue and Forecast to 2030 (US$ Million)
- 6.5 Others
- 6.5.1 Overview
- 6.5.2 Others: Asia Pacific Orthopedic Navigation System Market - Revenue and Forecast to 2030 (US$ Million)
7. Asia Pacific Orthopedic Navigation System Market - Revenue and Forecast to 2030 - by Application
- 7.1 Overview
- 7.2 Asia Pacific Orthopedic Navigation System Market Revenue Share, by Application 2022 & 2030 (%)
- 7.3 Knee
- 7.3.1 Overview
- 7.3.2 Knee: Asia Pacific Orthopedic Navigation System Market - Revenue and Forecast to 2030 (US$ Million)
- 7.4 Hip
- 7.4.1 Overview
- 7.4.2 Hip: Asia Pacific Orthopedic Navigation System Market - Revenue and Forecast to 2030 (US$ Million)
- 7.5 Spine
- 7.5.1 Overview
- 7.5.2 Spine: Asia Pacific Orthopedic Navigation System Market - Revenue and Forecast to 2030 (US$ Million)
- 7.6 Others
- 7.6.1 Overview
- 7.6.2 Others: Asia Pacific Orthopedic Navigation System Market - Revenue and Forecast to 2030 (US$ Million)
8. Asia Pacific Orthopedic Navigation System Market - Revenue and Forecast to 2030 - by End User
- 8.1 Overview
- 8.2 Asia Pacific Orthopedic Navigation System Market Revenue Share, by End User 2022 & 2030 (%)
- 8.3 Hospitals
- 8.3.1 Overview
- 8.3.2 Hospitals: Asia Pacific Orthopedic Navigation System Market - Revenue and Forecast to 2030 (US$ Million)
- 8.4 Ambulatory Surgical Centers
- 8.4.1 Overview
- 8.4.2 Ambulatory Surgical Centers: Asia Pacific Orthopedic Navigation System Market - Revenue and Forecast to 2030 (US$ Million)
- 8.5 Others
- 8.5.1 Overview
- 8.5.2 Others: Asia Pacific Orthopedic Navigation System Market - Revenue and Forecast to 2030 (US$ Million)
9. Asia Pacific Orthopedic Navigation System Market - Revenue and Forecast to 2030 - Country Analysis
- 9.1 Asia Pacific: Orthopedic Navigation System Market
- 9.1.1 Overview
- 9.1.2 Asia Pacific: Orthopedic Navigation System Market, by Country, 2022 & 2030 (%)
- 9.1.2.1 China: Orthopedic Navigation System Market - Revenue and Forecast to 2030 (USD Million)
- 9.1.2.2 China: Orthopedic Navigation System Market - Revenue and Forecast to 2030 (US$ Million)
- 9.1.2.2.1 China: Orthopedic Navigation System Market, by Technology, 2020-2030 (US$ Million)
- 9.1.2.2.2 China: Orthopedic Navigation System Market, by Application, 2020-2030 (US$ Million)
- 9.1.2.2.3 China: Orthopedic Navigation System Market, by End User, 2020-2030 (US$ Million)
- 9.1.2.3 Japan: Orthopedic Navigation System Market - Revenue and Forecast to 2030 (USD Million)
- 9.1.2.4 Japan: Orthopedic Navigation System Market - Revenue and Forecast to 2030 (US$ Million)
- 9.1.2.4.1 Japan: Orthopedic Navigation System Market, by Technology, 2020-2030 (US$ Million)
- 9.1.2.4.2 Japan: Orthopedic Navigation System Market, by Application, 2020-2030 (US$ Million)
- 9.1.2.4.3 Japan: Orthopedic Navigation System Market, by End User, 2020-2030 (US$ Million)
- 9.1.2.5 India: Orthopedic Navigation System Market - Revenue and Forecast to 2030 (USD Million)
- 9.1.2.6 India: Orthopedic Navigation System Market - Revenue and Forecast to 2030 (US$ Million)
- 9.1.2.6.1 India: Orthopedic Navigation System Market, by Technology, 2020-2030 (US$ Million)
- 9.1.2.6.2 India: Orthopedic Navigation System Market, by Application, 2020-2030 (US$ Million)
- 9.1.2.6.3 India: Orthopedic Navigation System Market, by End User, 2020-2030 (US$ Million)
- 9.1.2.7 Australia: Orthopedic Navigation System Market - Revenue and Forecast to 2030 (USD Million)
- 9.1.2.8 Australia: Orthopedic Navigation System Market - Revenue and Forecast to 2030 (US$ Million)
- 9.1.2.8.1 Australia: Orthopedic Navigation System Market, by Technology, 2020-2030 (US$ Million)
- 9.1.2.8.2 Australia: Orthopedic Navigation System Market, by Application, 2020-2030 (US$ Million)
- 9.1.2.8.3 Australia: Orthopedic Navigation System Market, by End User, 2020-2030 (US$ Million)
- 9.1.2.9 South Korea: Orthopedic Navigation System Market - Revenue and Forecast to 2030 (USD Million)
- 9.1.2.10 South Korea: Orthopedic Navigation System Market - Revenue and Forecast to 2030 (US$ Million)
- 9.1.2.10.1 South Korea: Orthopedic Navigation System Market, by Technology, 2020-2030 (US$ Million)
- 9.1.2.10.2 South Korea: Orthopedic Navigation System Market, by Application, 2020-2030 (US$ Million)
- 9.1.2.10.3 South Korea: Orthopedic Navigation System Market, by End User, 2020-2030 (US$ Million)
- 9.1.2.11 Rest of Asia Pacific: Orthopedic Navigation System Market - Revenue and Forecast to 2030 (USD Million)
- 9.1.2.12 Rest of Asia Pacific: Orthopedic Navigation System Market - Revenue and Forecast to 2030 (US$ Million)
- 9.1.2.12.1 Rest of Asia Pacific: Orthopedic Navigation System Market, by Technology, 2020-2030 (US$ Million)
- 9.1.2.12.2 Rest of Asia Pacific: Orthopedic Navigation System Market, by Application, 2020-2030 (US$ Million)
- 9.1.2.12.3 Rest of Asia Pacific: Orthopedic Navigation System Market, by End User, 2020-2030 (US$ Million)
10. Orthopedic Navigation System Market-Industry Landscape
- 10.1 Overview
- 10.2 Growth Strategies in the Orthopedic Navigation System Market
- 10.3 Inorganic Growth Strategies
- 10.4 Organic Growth Strategies
11. Company Profiles
- 11.1 Smith & Nephew Plc
- 11.1.1 Key Facts
- 11.1.2 Business Description
- 11.1.3 Products and Services
- 11.1.4 Financial Overview
- 11.1.5 SWOT Analysis
- 11.1.6 Key Developments
- 11.2 Siemens Healthineers AG
- 11.2.1 Key Facts
- 11.2.2 Business Description
- 11.2.3 Products and Services
- 11.2.4 Financial Overview
- 11.2.5 SWOT Analysis
- 11.2.6 Key Developments
- 11.3 B Braun SE
- 11.3.1 Key Facts
- 11.3.2 Business Description
- 11.3.3 Products and Services
- 11.3.4 Financial Overview
- 11.3.5 SWOT Analysis
- 11.3.6 Key Developments
- 11.4 Stryker Corp
- 11.4.1 Key Facts
- 11.4.2 Business Description
- 11.4.3 Products and Services
- 11.4.4 Financial Overview
- 11.4.5 SWOT Analysis
- 11.4.6 Key Developments
- 11.5 Medtronic Plc
- 11.5.1 Key Facts
- 11.5.2 Business Description
- 11.5.3 Products and Services
- 11.5.4 Financial Overview
- 11.5.5 SWOT Analysis
- 11.5.6 Key Developments
- 11.6 Zimmer Biomet Holdings Inc
- 11.6.1 Key Facts
- 11.6.2 Business Description
- 11.6.3 Products and Services
- 11.6.4 Financial Overview
- 11.6.5 SWOT Analysis
- 11.6.6 Key Developments
- 11.7 Brainlab AG
- 11.7.1 Key Facts
- 11.7.2 Business Description
- 11.7.3 Products and Services
- 11.7.4 Financial Overview
- 11.7.5 SWOT Analysis
- 11.7.6 Key Developments
- 11.8 Metronor AS
- 11.8.1 Key Facts
- 11.8.2 Business Description
- 11.8.3 Products and Services
- 11.8.4 Financial Overview
- 11.8.5 SWOT Analysis
- 11.8.6 Key Developments
12. Appendix