According to a new market research study titled ‘Orthopedic Medical Robots Market to 2025 – Global Analysis and Forecasts by product, anatomy, application and end user. The global orthopedic medical robots market is estimated to account for US$ 2,110.69 Mn by 2025 as compared to US$ 375.49 Mn in 2017, growing at a CAGR of 24.1% during the forecast period from 2018 to 2025. The report highlights the trends prevalent in the global orthopedic medical robots market and the factors driving the market

In the recent years various new improvements have evolved in the orthopedic medical robots market. Specialized solutions are becoming popular to be used for the surgical procedures. In order to bring in latest innovations in orthopedic robotics keeping in mind the price points of these orthopedic robots, the major market players interested in offering robotic systems are likely to resort strategic collaborations with the existing market players as well as potential entrants with a robust early stage development program. For instance, in August 2017, Mazor Robotics signed an alliance with Medtronic as a strategic partnership for the commercialization of Mazor X system worldwide. Later in 2018, the company announced its plan to continue the partnership for the development and penetration of robotic system in ambulatory surgical centers by developing low cost solutions. The partnership and alliances within the industry for development of novel solutions is likely to be a prevalent trend in the global orthopedic medical robots market.

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The major players operating in the orthopedic medical robots market include Smith & Nephew, Stryker, Medtronic, intuitive Surgical, Ekso Bionics, Zimmer Biomet, Wright Medical Group N.V., General Electric, THINK Surgical and OMNI among others.

Innovations in healthcare robotics are making it possible to identify, invent, investigate, and implement technologies that deliver the right treatment to the right patient at that right time. Moreover, the immense potential of robotics to change the treatment delivery, patient care and access to medical facilities are driving the interest of investors to offer significant finance to the manufacturers as well as researchers.

Moreover, in June 2018, CMR Surgical Ltd, the British company developing a next-generation surgical robot, announces that it has closed a Series B funding round raising $100 million from new investor, Zhejiang Silk Road Fund and existing investors Escala Capital Investments, LGT, Cambridge Innovation Capital and Watrium. The Versius system intends to act as a four-axis wrist joint is inspired by the human arm and is designed to meet requirements of laparoscopic surgery. The massive investments by local and international investors in the field of orthopedic medical robots is likely to support the global market growth over the years to come.

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