The global orthopaedic surgical navigation systems market is predicted to increase due to the rising prevalence of disorders such as osteoarthritis

Dynamics of the Global Orthopedic Surgical Navigation Systems Market

The global orthopaedic surgical navigation systems market is predicted to increase due to the rising prevalence of disorders such as osteoarthritis. For example, according to the CDC's 2020 update, osteoarthritis (OA) is a significant chronic illness that affects one in every seven individuals in the United States, or nearly 32.5 million people. OA has been connected to ageing and has been found to be more common in patients with other chronic illnesses such heart disease, diabetes, and obesity. Despite this, 18.7 million working-age individuals (18–64 years) in the United States have OA.


Over the projected period, the worldwide orthopaedic surgical navigation systems market is expected to benefit from an increase in the geriatric population. According to the Centers for Disease Control and Prevention, 49 million adults in the United States were 65 or older in 2016, accounting for 15% of the population. By 2030, this number is predicted to climb to 71 million, and by 2060, it will have risen to 98 million, accounting for roughly a quarter of the population. The age factor is linked to a higher incidence of chronic diseases like osteoporosis. According to the same source, women had a higher incidence of osteoporosis than males in 2017-18, while people 65 and older had a higher prevalence than adults aged 50–64 in the U.S.

During the projected period, the worldwide orthopaedic surgical navigation systems market is expected to rise due to the increasing usage of novel surgical navigation systems in orthopaedic procedures. For example, OrthAlign, Inc., a medical device and technology firm based in the United States that supplies high precision technologies to orthopaedic surgeons, announced the first case that used LANTERN Surgical Assistant on November 6, 2020. The treatments were carried out by Dr. Michael Ast, a fellowship-trained orthopaedic surgeon at the Hospital for Special Surgery in New York. The LANTERN Surgical Assistant is a tiny inertial navigation device that draws on OrthAlign's flagship technology's clinical success and provides a foundation for the expansion of features and applications.Over the projected period, these factors are expected to promote the expansion of the worldwide orthopaedic surgical navigation systems market.


Regional Insights into the Global Orthopedic Surgical Navigation Systems Market

Because of the approval of surgical navigation systems for spine procedures, North America may account for the highest proportion of the worldwide orthopaedic surgical navigation systems market over the projection period. For example, on August 6, 2020, Joimax, the leading provider of technologies and training methods for full-endoscopic and minimally invasive spinal surgery, announced that Intracs, an electromagnetic navigation tracking and control system, had been approved by the US Food and Drug Administration (FDA). The Intracs Navigation System allows spinal surgeries to be conducted with little X-ray control, minimising radiation exposure, access time, and overall surgery duration.

In addition, due to an increase in mergers and partnerships among market competitors, Asia Pacific is expected to develop significantly in the worldwide orthopaedic surgical navigation systems market throughout the forecast period systems market growth over the forecast period.

Comments

Post a Comment

Popular posts from this blog

YOU YES YOU!

Image
Welcome to Riya's  blog! HEY Everyone! So this is my my very first blog and  i am quite excited about it. WELL  I am  a 21 years old girl who sees the world through her eyes just like everyone else. I believe each of us have their own views and opinions about every little thing that we see through our eyes wide open and that is  what individuality is ! Having our own brains , hobbies,rights,skills , gifts ,flaws and i certainly believe that embracing them is one of the best things a human could do. Okay well so the topic on what  i am going to throw a little  light on here is not self love or self respect or being righteous , strong or anything like that , My topic here is going to be "YOU"   . "YOU" can be anyone here including me 'YOU' = "Individual" Isn't it so weird that in a world having  millions and millions of people  with their own "IDENTITIES " still lack " INDIVIDUALITY ". You know why? because
Read more

Continuous Glucose Monitoring (CGM) Devices Market -Dynamics and Forecast

Image
CGM (Continuous Glucose Monitoring) technology allows you to monitor your glucose levels 24 hours a day using a sensor that delivers the data to a MiniMed insulin pump. However, these devices also aid in diabetes management by lowering individual insulin dosages. These gadgets' integrated software provides users with information about food consumption, medication, physical activity, and ailments.  As a result, an increasing number of diabetic patients are relying on these devices to control and treat their condition, propelling market growth. A growing number of continuous glucose monitoring devices are being integrated with apps and software to treat people with diabetes mellitus, thanks to the development of digital medicines.The rising prevalence of diabetes mellitus has boosted the market for continuous glucose monitoring (CGM) devices. The Continuous Glucose Monitoring (CGM) Market is estimated to develop at a CAGR of 14% over the forecast period. High blood glucose levels oc
Read more

From 2016-2021, Automated Fare Collection System Market predicted to rise significantly

Image
  AFC is commonly used to replace paper-based public transportation tickets with electronic tickets. The AFC system is a stored value-based, contactless smart card application that may be upgraded with the mobile ticketing application. It is meant for public transportation and micro-payment activities.AFC is commonly used to collect consumption data quickly and effectively by automatically logging transactions, allowing for better service planning and optimization, variable pricing schemes, easy access to bundled services, and consumer convenience. AFC guards against the unauthorized creation and alteration of data stored on cards. It prevents you from reading one card while writing on another. It guards against card cloning.. During the projection period, the overall Automated Fare Collection System Market is expected to increase from USD 6.42 billion in 2016 to USD 11.95 billion in 2021, with a Compound Annual Growth Rate (CAGR) of 13.2 percent. Some of the elements that are predict
Read more