India Orthopedic Navigation Systems Market Size & Outlook
India orthopedic navigation systems market, 2018-2030 (US$M)
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India orthopedic navigation systems market highlights
- The India orthopedic navigation systems market generated a revenue of USD 58.3 million in 2022 and is expected to reach USD 172.9 million by 2030.
- The India market is expected to grow at a CAGR of 14.6% 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 58.3 million |
| Market revenue in 2030 | USD 172.9 million |
| Growth rate | 14.6% (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, India accounted for 2.5% 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 Asia Pacific, Japan orthopedic navigation systems market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 172.9 million by 2030.
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Orthopedic Navigation Systems Market Scope
Orthopedic Navigation Systems Market Companies
| Name | Profile | # Employees | HQ | Website |
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India 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 46.48% in 2024. Horizon Databook has segmented the India orthopedic navigation systems market based on knee, hip, spine covering the revenue growth of each sub-segment from 2018 to 2030.
According to report published by IOACON Agra, Osteoarthritis (OA) is the most common is most frequent joint disease with prevalence of 22% to 39% in India. The increasing incidence rate of arthritis and demand for minimally invasive orthopedic surgery is expected to boost the market growth in the future.
In addition, supportive government initiatives such as New Millennium Indian Technology Leadership Initiative for promoting the arthritis treatment and rising medical tourism activities in country are attributed towards the further segment growth.
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Target buyers of India orthopedic navigation systems market databook
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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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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the India orthopedic navigation systems market, including forecasts for subscribers. This country databook contains high-level insights into India orthopedic navigation systems market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India orthopedic navigation systems market size, by application, 2018-2030 (US$M)
India Orthopedic Navigation Systems Market Share, 2024 & 2030 (US$M)
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