North America Orthopedic Navigation Systems Market Size & Outlook
North America orthopedic navigation systems market, 2018-2030 (US$M)
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North America orthopedic navigation systems market highlights
- The North America orthopedic navigation systems market generated a revenue of USD 1,054.6 million in 2022.
- The market is expected to grow at a CAGR of 11.7% 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.
- Country-wise, Canada is expected to register the highest CAGR from 2023 to 2030.
North America data book summary
| Market revenue in 2022 | USD 1,054.6 million |
| Market revenue in 2030 | USD 2,552.2 million |
| Growth rate | 11.7% (CAGR from 2022 to 2030) |
| Largest segment | Knee |
| Fastest growing segment | Spine |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 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, North America region accounted for 44.7% of the global orthopedic navigation systems market in 2022.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,061.2 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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North America 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 North America orthopedic navigation systems market based on knee, hip, spine covering the revenue growth of each sub-segment from 2018 to 2030.
Increasing prevalence of target population, growing number of surgical procedures and rising levels of patient awareness coupled with increasing disposable income are key factors pertaining for growth of orthopedic navigation market in north America.
All the aforementioned facts are expected to provide lucrative growth platform for this regional market in near future. Presence of well established regulatory framework, higher product implementation rates and developed healthcare infrastructure are supporting factors expected to increase market penetration rates for this market.
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Target buyers of North America 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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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the North America orthopedic navigation systems market, including forecasts for subscribers. This continent databook contains high-level insights into North America orthopedic navigation systems market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America orthopedic navigation systems market size, by country, 2018-2030 (US$M)
North America Orthopedic Navigation Systems Market Share, 2024 & 2030 (US$M)
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