Global Orthopedic Navigation System Market is expected to reach USD 303.7 million by 2025, according to a new study by Grand View Research, Inc. Increasing geriatric population prone to orthopaedic diseases is a key contributing factor propelling the demand for orthopedic navigation systems over the forecast period. Osteoarthritis and osteoporosis are most common disorders in the population aged 70 years and above. Growing prevalence of these disorders results in increased economic burden on many countries.
According to the WHO, 9.6% of men and 18% of women are suffering from various forms of arthritis globally. Over 82% of people suffering from osteoarthritis have difficulty in movement and around 25% are not able to perform daily activities. Degenerative joint disorders affect majorly knee, hip, and ankle. Knee and hip replacement procedures are performed in 85% of patients suffering from osteoarthritis. Other factors include physical inactivity, obesity, unhealthy lifestyle, and injuries.
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Further key findings from the study suggest:
View Blog on Orthopedic Navigation System Market by Grand View Research: http://www.grandviewresearch.com/blog/orthopedic-navigation-system-market-size-share
Grand View Research has segmented the orthopaedic navigation system market on the basis of application and region:
Orthopaedic Navigation System Application Outlook (Revenue, USD Million, Volume, 000’ Units, 2014 – 2025)
Orthopedic Navigation System Regional Outlook (Revenue, USD Million, Volume, 000’ Units, 2014 – 2025)
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
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