- In February 2024, THINK Surgical announced a collaboration with Maxx Orthopedics. Through this partnership, THINK Surgical will integrate Maxx Orthopedic implants with the TMINITM Miniature Robotic System. The goal of this collaboration is to create an open platform for orthopedic surgical robots that will support the use of various implants
- In November 2023, Monogram Orthopaedics Inc. revealed the launch of its first surgical robot in the global market. Monogram aims to enhance orthopedic joint replacement surgeries through the use of advanced, next-generation surgical robots
- In August 2023, Stryker initiated a direct patient marketing campaign. This campaign is designed to boost patient engagement and education by reaching out directly to patients and providing information about Stryker's innovative medical solutions, particularly in joint replacement procedures. By improving patient understanding and awareness, Stryker seeks to empower individuals to make informed healthcare decisions, ultimately enhancing their overall experience and outcomes
- In March 2022, Corin Group announced a partnership with Efferent Health, LLC, a leader in medical operations automation technology, which delivers cutting-edge solutions designed to streamline essential processes. This collaboration not only strengthens the portfolio of interoperability data services but also enhances the company's credibility in the market
- In February 2022, Stryker finalized its acquisition of Vocera Communications. This move opens up substantial opportunities to foster innovations and expedite the company's digital goals. Vocera contributes a highly complementary and innovative range of products to Stryker’s Medical division, enhancing the company's Advanced Digital Healthcare offerings and furthering Stryker’s commitment to preventing adverse events across the continuum of care
Frequently Asked Questions
The market is segmented based on Segmentation, By Product Type (Robotic System, Robotic Accessories, and Software and Services), End User (Hospital and Ambulatory Surgery Centers (ASCS)), Distribution Channel (Direct Tenders and Third Party Distributors) – Industry Trends and Forecast to 2031
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The Global Orthopedic Surgical Robots Market size was valued at USD 5.80 USD Billion in 2023.
The Global Orthopedic Surgical Robots Market is projected to grow at a CAGR of 25.8% during the forecast period of 2024 to 2031.
The market report covers data from the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.