The global orthopedic navigation software market size was USD 2.41 Bn in 2022 and is likely to reach USD 6.24 Bn by 2031, expanding at a CAGR of 14.5% during 2023 – 2031. The growth of the market is attributed to the increasing prevalence of orthopedic disorders and the rising demand for minimum-invasive surgeries.
Orthopedic navigation systems are advanced medical devices used in orthopedic surgeries to assist surgeons in achieving precise and accurate placement of implants and instruments. The primary purpose of the orthopedic navigation system is to enhance the overall accuracy and effectiveness of surgical procedures by providing detailed and continuous information about the patient’s anatomy. This system is used in various orthopedic surgeries, including joint and hip replacements, spinal procedures, and fracture fixations.
The rapid increase in the joint and hip replacement procedure resulting in the high utilization of orthopedic navigation systems during medical surgeries. For instance, as per the report published by the National Library of Medicine, over 1 million hip and knee replacements procedures performed each year in the US.
The COVID-19 pandemic negatively impacted the orthopedic navigation systems market. The outbreak of the pandemic created numerous challenges in the healthcare sector. The primary focus of hospitals and healthcare providers shifted toward COVID-19 patients, which led to the postponement or cancellation of non-essential surgeries. This sudden reduction in surgical volume directly affected the demand for orthopedic navigation systems, as the utilization of these systems is primarily associated with surgical procedures.
Orthopedic Navigation Systems Market Dynamics
Major Drivers
Increasing prevalence of orthopedic disorders among the geriatric population is expected to drive the market during the projected period. Musculoskeletal conditions such as osteoporosis and back pain are the most commonly occurring orthopedic conditions among the elderly population. Furthermore, rising joint replacements and spinal surgeries boost the demand for the orthopedic navigation system, as it improves surgical accuracy and outcomes in surgical procedures.
- According to the report published by WHO on July 14, 2022, globally around 1.71 billion people are suffering from musculoskeletal conditions. This condition is the leading cause of increasing disability worldwide. Moreover, lower back pain is one of the main contributors to disability among the population of 160 countries.
The rising demand for minimally invasive orthopedic surgeries is another key driver in the orthopedic navigation system market. The orthopedic device plays a vital role in facilitating minimally invasive procedures by providing real-time visualization and guidance during the surgery. It enables surgeons to make smaller incisions, reduce tissue damage, and enhance the overall efficiency of the surgical process.
Existing Restraints
The high cost associated with implementing an orthopedic navigation system is expected to hinder the market. These systems require high investment in terms of equipment, software, and training. The initial capital expenditure and ongoing maintenance costs can be a barrier for healthcare providers, especially in regions with limited healthcare budgets. The cost factor may limit the widespread adoption of navigation systems, particularly in smaller hospitals and clinics.
Emerging Opportunities
Increasing research activities and the development of advanced technologies are likely to create favorable opportunities for the key players competing in the market. Manufacturers are focusing on developing advanced tracking algorithms, improved visualization techniques, and integration with other surgical technologies such as robotics and artificial intelligence. These navigation systems offer cutting-edge solutions, which allow market players to differentiate themselves and gain a competitive edge in the market.
- For instance, on March 08, 2023, Augmedics, a pioneer in augmented reality surgical navigation, launched FDA-cleared features in xvision Spine System. These advanced features include artificial intelligence (AI) and customizable view capabilities, which allow surgeons to see patients’ anatomy and accurately navigate instruments during spine procedures.
Scope of Orthopedic Navigation Systems Market Report
The report on the market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
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Attributes
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Details
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Report Title
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Orthopedic Navigation Systems Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
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Base Year
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2022
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Historic Data
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2016–2021
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Forecast Period
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2023–2031
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Segmentation
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Type (Electromagnetic Localizers, Optical tracking, Fluoroscopy, Magnetic resonance imaging, and Others), Application (Knee Surgery, Spine Surgery, Hip Surgery, Replacement Surgeries, and Others), and End User (Hospitals, Ambulatory Surgical Centers, and Others)
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Regional Scope
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Asia Pacific, North America, Latin America, Europe, and Middle East & Africa
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Report Coverage
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Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
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Key Players Covered in the Report
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Amplitude SAS; Amplitude Surgical; B. Braun SE; Brainlab AG; Medical Device Business Services, Inc. (Depuy Synthes); Fiagon GmbH; GE HealthCare.; Globus Medical; Heal Force; Intellijoint Surgical.; KARL STORZ SE & Co. KG; Kinamed® Incorporated. ; Medtronic; MASMEC S.p.A.; MicroPort Scientific Corporation. ; NuVasive®, Inc.; OrthAlign. ; Orthokey italia SRL; Siemens Healthcare Private Limited ; Smith & Nephew plc; Parsiss Co. ; Stryker; Shenzhen Anke High-tech Co.; and Zimmer Biomet
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Orthopedic Navigation Systems Market Segment Insights
Type Segment Analysis
Based on type, the orthopedic navigation systems market is divided into electromagnetic localizers, optical tracking, fluoroscopy, magnetic resonance imaging (MRI), and others. The optical tracking segment is expected to hold a major market share during the projected period, owing to its high accuracy, non-invasive nature, and real-time visualization capabilities.
Optical tracking technology utilizes cameras and infrared markers to track the position and movement of surgical instruments and anatomical landmarks during a procedure. This type of navigation system provides high accuracy and precision in real-time tracking. The cameras capture the movement of markers placed on instruments and patient anatomy, which enables the navigation system to precisely track their position and orientation. This level of accuracy is crucial in orthopedic surgeries where precise instrument placement and alignment are important for successful outcomes.
The magnetic resonance imaging (MRI) segment is anticipated to grow at a significant pace during the projected period, as they provide better imaging of soft tissues contrast than any other imaging technology. This improved imaging solution helps healthcare professionals to differentiate fat, water, muscle, and other soft tissues for accurate diagnosis of various diseases and medical conditions.
The fluoroscopy is majorly utilized to assists during orthopedic surgery. It has the ability to find out the cause of health problems such as intestinal or heart disease. On the other hand, electromagnetic localizers use magnetic fields to track the surgical tools’ location, which helpful for performing intricate surgical procedures. All these factors are further contributing to market expansion.
Application Segment Analysis
In terms of application, the market is segregated into knee surgery, spine surgery, hip surgery, replacement surgeries, and others. Knee surgery is anticipated to register a robust growth rate during the forecast period, due to the growing number of knee replacement procedures and the rising complexity in knee-related surgeries.
Knee surgeries such as total knee arthroplasty (TKA) or knee replacement are complex procedures that demand high precision and accuracy. Orthopedic navigation systems provide assistance to surgeons in achieving optimal alignment and implant positioning during surgeries. These systems offer real-time feedback and guidance to ensure proper fit, stability, and alignment of the artificial knee components. It further improves patient outcomes and long-term success of the surgery.
- As per the American Joint Replacement Registry Annual Report 2021, around 2,244,587 primary and revision hip and knee arthroplasties are performed between 2012 to 2020.
End-user Segment Analysis
Based on end-user, the market is fragmented into hospitals, ambulatory centers, and others. The hospital segment is expected to expand at a high CAGR in the coming years, owing to the availability of specialized orthopedic departments and dedicated surgical units. These departments cater to a large volume of orthopedic patients including those requiring joint replacements, spine surgeries, trauma surgeries, and sports medicine procedures.
Hospitals perform a wide range of orthopedic surgeries, which boosts the demand for advanced navigation systems to support precise surgical planning, execution, and patient care. The collaborative nature of hospitals enables the effective utilization of navigation systems throughout the surgical workflow.
Regional Analysis
In terms of region, the global orthopedic software market is segmented into Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. North America is expected to dominate the market during the projection period, due to the well-established healthcare sector with a strong emphasis on technological advancements and increasing number of knee and hip replacement surgeries. For instance, around 2.2 million surgeries are performed for hip and knee replacements in the US by the end of 2020.
The hospitals and healthcare providers in the region have state-of-the-art infrastructure and the financial capacity to invest in cutting-edge medical technologies. This favorable environment allows for the widespread adoption and utilization of orthopedic navigation systems. Furthermore, the presence of leading players in medical technology and the rising geriatric population at a rapid pace are likely to fuel the market.
The market in Asia Pacific is anticipated to expand at a rapid pace in the coming years, owing to the increasing healthcare spending and the rising prevalence of orthopedic disorders. The growing aging population gives rise to various orthopedic disorders such as osteoarthritis, fractures, and joint degeneration. This demographic trend drives the demand for orthopedic surgeries and subsequently the need for navigation systems to enhance surgical precision and outcomes.
Segments
The global orthopedic software market has been segmented on the basis of
Type
- Electromagnetic Localizers
- Optical tracking
- Fluoroscopy
- MRI
- Others
Application
- Knee Surgery
- Spine Surgery
- Hip Surgery
- Replacement Surgeries
- Others
End-user
- Hospitals
- Ambulatory Surgical Centers
- Others
Region
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
Key Players
- Amplitude SAS
- Amplitude Surgical
- B. Braun SE
- Brainlab AG
- Medical Device Business Services, Inc. (Depuy Synthes)
- Fiagon GmbH
- GE HealthCare.
- Globus Medical
- Heal Force
- Intellijoint Surgical.
- KARL STORZ SE & Co. KG
- Kinamed® Incorporated.
- Medtronic
- MASMEC S.p.A.
- MicroPort Scientific Corporation.
- NuVasive®, Inc.
- OrthAlign.
- Orthokey italia SRL
- Siemens Healthcare Private Limited
- Smith & Nephew plc
- Parsiss Co.
- Stryker
- Shenzhen Anke High-tech Co.
- Zimmer Biomet
Competitive Landscape
Key players competing in the global orthopedic software market are Amplitude SAS; Amplitude Surgical; B. Braun SE; Brainlab AG; Medical Device Business Services, Inc. (Depuy Synthes); Fiagon GmbH; GE HealthCare.; Globus Medical; Heal Force; Intellijoint Surgical.; KARL STORZ SE & Co. KG; Kinamed® Incorporated. ; Medtronic; MASMEC S.p.A.; MicroPort Scientific Corporation. ; NuVasive®, Inc.; OrthAlign. ; Orthokey italia SRL; Siemens Healthcare Private Limited ; Smith & Nephew plc; Parsiss Co. ; Stryker; Shenzhen Anke High-tech Co.; and Zimmer Biomet
These companies are boosting their market share by adopting various strategies such as partnerships, mergers, reduction in production costs, launching new products, and implementing advanced technologies.
- On February 21, 2022, Smith+Nephew, a British multinational medical equipment manufacturing company, launched CORI surgical navigation system. The CORI is a next-generation handheld robotic platform to perform knee arthroplasty with high accuracy, which further improves surgical outcomes. This system is compact and designed to fit in today's crowded operation theaters.
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