Canada Orthopedic Navigation Systems Market Size & Outlook
Canada orthopedic navigation systems market, 2018-2030 (US$M)
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Canada orthopedic navigation systems market highlights
- The Canada orthopedic navigation systems market generated a revenue of USD 126.0 million in 2022 and is expected to reach USD 423.4 million by 2030.
- The Canada market is expected to grow at a CAGR of 16.4% from 2023 to 2030.
- In terms of segment, knee was the largest revenue generating application in 2022.
- Spine is the most lucrative application segment registering the fastest growth during the forecast period.
Orthopedic navigation systems market data book summary
| Market revenue in 2022 | USD 126.0 million |
| Market revenue in 2030 | USD 423.4 million |
| Growth rate | 16.4% (CAGR from 2022 to 2030) |
| Largest segment | Knee |
| Fastest growing segment | Spine |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Knee, Hip, Spine |
| Key market players worldwide | B. Braun, Stryker Corp, Medtronic PLC, Smith & Nephew PLC, Johnson & Johnson, Zimmer Biomet Holdings Inc, Amplitude Surgical, Globus Medical Inc Class A, Kinamed, OrthAlign, Exactech, Pixee Medical |
Other key industry trends
- In terms of revenue, Canada accounted for 5.3% of the global orthopedic navigation systems market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. orthopedic navigation systems market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 423.4 million by 2030.
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Orthopedic Navigation Systems Market Scope
Orthopedic Navigation Systems Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Canada orthopedic navigation systems market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to orthopedic navigation systems market will help companies and investors design strategic landscapes.
Knee was the largest segment with a revenue share of 46.35% in 2024. Horizon Databook has segmented the Canada orthopedic navigation systems market based on knee, hip, spine covering the revenue growth of each sub-segment from 2018 to 2030.
The base of geriatric population with degenerative joint disorders is steeply increasing and according to the Arthritis Canada is expected to reach around 20 million till 2030. People in this region have high awareness levels for joint replacement surgeries and are widely accepting navigation assisted surgeries.
Around 85% of people suffering from any form of arthritis undergo arthroplasty or TKR. Increasing demand for minimally invasive surgeries with aesthetic appearance are major reasons for higher acceptance rate of CAS joint replacement surgeries in the Canada. Presence of extensive healthcare network in this region is further expected to boost the market growth.
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Our clientele includes a mix of orthopedic navigation systems market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada orthopedic navigation systems market, including forecasts for subscribers. This country databook contains high-level insights into Canada orthopedic navigation systems market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada orthopedic navigation systems market size, by application, 2018-2030 (US$M)
Canada Orthopedic Navigation Systems Market Share, 2024 & 2030 (US$M)
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