- Medical Devices
- Thursday, 05 Sep 2019
Increasing Musculoskeletal Diseases Accelerate Development of Orthopedic Medical Robots
The growth of the orthopedic medical robots market is determined due to the rise in the number of the musculoskeletal disease. Musculoskeletal conditions comprise of over 150 diagnoses that affect the locomotor system of the muscles, bones, joints, tendons and ligaments. These disorders range from the ones that arise suddenly and are short-lived such as fractures, sprains and strains to lifelong conditions associated with disability and ongoing pain. Majority of musculoskeletal conditions are characterized by pain, limitations in mobility, dexterity and functional ability, reducing people’s ability to work and participate in social roles with associated impacts on mental wellbeing, and at a broader level impacts on the prosperity of communities. Musculoskeletal conditions affect people across the life-course in all regions of the world. While the prevalence of musculoskeletal conditions increases with age, younger people are also affected, often during their peak income-earning years.
The major players operating in the orthopedic medical robots market include Smith & Nephew, Stryker, Medtronic, intuitive Surgical, Ekso Bionics, Zimmer Biomet, Wright Medical Group N.V., General Electric, THINK Surgical and OMNI among others.
According to the 2018 factsheet by World Health Organization, musculoskeletal conditions are the second largest contributor to disability worldwide, with low back pain being the single leading cause of disability globally. Moreover, according to the Global Burden of Diseases (GBD), the impact of musculoskeletal diseases (MSD) highlighted significant burden and were reported to be second largest cause of disability associated burden in its 2016 study report. In addition, the WHO also reports that between 20%–33% of people across the globe live with a painful musculoskeletal condition. Musculoskeletal diseases are one of the most common causes of severe and long-term pain as well as physical disability in the US. According to the American Society of Orthopedic Surgeons (ASOS), an estimated 126.6 million Americans in 2016 were affected by a musculoskeletal condition. Moreover, according to the data released by American Academy of Orthopedic Surgeons’ annual meeting in 2016, approximately 1 in 2 adults suffered with musculoskeletal disorder in the US. Given the significant rising impact of musculoskeletal disorders, potential applications of navigation and robotic technologies for orthopedic problems such as knee, hip and spine injuries are likely to boom and flourish witnessing their robust existence in the treatment and patient care in the future.
The increasing number of musculoskeletal diseases are directly responsible for the increasing number of orthopedic surgical procedures across the world. According to the 2017 report of the American Joint Replacement Surgery, approximately 860,080 hip and knee replacement procedures by 4,755 surgeons were performed in 654 medical institutions in the US. Thus considering the facts and figure the market of the orthopedic medical robots are likely to propel the growth of the market.
Related Industry Updates
Latest Rise in North America Skin Aesthetic Devices Market with an Increasing CAGR 11.5% I Allergan, Lumenis, Sciton
Sep 15, 2020
Hospital Supplies Market with COVID-19 Impact and Recovery Analysis Size, Analytical Overview, Growth Factors, Demand, Trends and Forecast 2027
Apr 22, 2021
US Pedicle Screw Market is expected to reach US$ 610.85 million by 2030
Oct 10, 2023
US Dental Membrane and Bone Graft Substitute Market is expected to reach US$ 12,769.00 million by 2028
May 04, 2023
Surgical Smoke Aspirators Market Skyrocketing CAGR by 2027 Worldwide with Medtronic, EPSIMED, MDxHealth, Buffalo Filter LLC, Virtual Scientific, Meyer-Haake GmbH, KARL STORZ SE & Co. KG, Megadyne S.P.A
Mar 23, 2021
OPSENS ANNOUNCES ENTRY INTO STRUCTURAL HEART MARKET
Nov 06, 2019
Middle East & Africa Sinus Dilation Market Trends, Business Strategies and Opportunities With Key Players Analysis 2027
Mar 23, 2021