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Hip and Knee Orthopedic Surgical Robots Market Shares, Strategies, and Forecasts, Worldwide, 2016 to 2022

Jan 20, 2016 | 145 Pages | WinterGreen Research | Medical Equipments

Global hip and knee orthopedic surgical robots market was worth USD 83 million in 2015. It is projected to reach USD 4.5 billion by 2022. This growth will be driven by new age robotic devices, instruments, and systems that are being developed to perform surgery.

Since the accuracy and precision of robots cannot be replicated by humans, robotic surgery is the set to be the preferred approach in future. Robots greatly improve the quality of knee arthroplasty. They give the surgeon better control over instruments. He/she also gets a better view of the surgical site. Surgical robots contribute to lesser bleeding and reduced post-surgical pain. This translates into fewer hospital re-admissions and promotes faster recoveries. La Source, a clinic located in Switzerland, recently reported a drop in the average hospital stay from 10 days to 6 days following robotic surgery. Technological advancements in the field will have a favorable impact on market growth. 

However, demand is adversely affected by falling insurance payments. Hospitals are now required to focus on cutting costs along with providing quality care. Maintaining a balance between costs and quality is a formidable challenge. This is prompting cost reductions across the supply chain. Healthcare facilities are eliminating their vendors based on costs and quality. Those being retained are persuaded to deliver efficient products at lowest possible prices. Smart buying groups are being set up to attain economies of scale. 

Rising number of geriatrics, worldwide, and especially in the U.S. is an important growth contributor. Geriatrics is the most common age group requiring hip and knee orthopedic surgeries. Strong demand from this segment has led to high profit margins for industry participants in the recent past.  

Hospitals are measured on outcomes. Robots when used to operate by trained surgeons greatly improve hospitals’ outcome numbers. This is leading to their higher adoption. Proliferation of research programs in ‘robotics’ in various international universities is another favorable factor. Robotic experts are hired to integrate mobile robots into existing IT systems.

Mako by Stryker is widely used in partial knee resurfacing. It also provides robotic capability for total knee resurfacing. Leading participants in the global hip and knee orthopedic surgical robots market are Stryker, Smith & Nephew, Johnson & Johnson, Synthes, and Spinal Surgical Robot. Zimmer Biomet, THINK Surgical and Wright Medical Technology are other established players.
 Table Of Content

Knee and Hip Surgical Robots Market Shares and Market
Forecasts 13
Knee and Hip Surgical Robot Market Driving Forces 13
Knee and Hip Surgical Robot Market Shares 16
Knee and Hip Surgical Robot Forecasts 19

1. Knee and Hip Surgical Robots Market Description and Market Dynamics 22
1.1 Knee and Hip Surgical Robots Reduction In Payments 22
1.1.1 Med Device Industry 22
1.1.2 Stryker Positions to Assist Hospital Capital Investment in Knee and Hip
1.1.3 Stryker Flex Financial Provides Assistance in the Financing Of The
Surgical System Purchase 24
1.2 Knee and Hip Surgery Three Dimension High-Definition Visualization with
Robotic Arm 25
1.3 Osteoporosis Impact On Hip 26

2. Knee and Hip Surgical Robots Market Shares and Market  Forecasts 29
2.1 Knee and Hip Surgical Robot Market Driving Forces 29
2.2 Knee and Hip Surgical Robot Market Shares 32
2.2.1 Orthopedic Surgical Robot Market Shares, Units and Dollars 37
2.2.2 Stryker MAKO Platform Expansion 39
2.3 Knee and Hip Surgical Robot Forecasts 40
2.3.1 Knee and Hip Surgical Robotic Procedures Forecasts 43
2.3.2 Knee and Hip Surgical Robot Unit Analysis 53
2.3.3 Hip and Knee Orthopedic Surgical Robot Market Segment Forecasts 55
2.4 Knee and Hip Surgical Robot Regional Analysis 55

3. Knee and Hip Surgical Robot Products 58
3.1 Stryker Mako RIO® Robotic Arm 58
3.1.1 Stryker MAKOplasty ® Robotic Arm Hip Replacement Solution 60
3.1.2 Stryker MAKOplasty® Surgical Robotic Total Hip Arthroplasty 62
3.1.3 Stryker MAKO Surgical Knee Replacements 68
3.1.4 Stryker’s Mako Total Knee Application Receives FDA Clearance 70
3.2 Stryker Knee and Hip Surgical Robot Products Benefits 72
3.2.1 Stryker / Mako 73

4. Knee and Hip Surgery Company Descriptions 77
4.1 Orthopedic Implant Surgical Companies 77
4.2 DePuy Synthes / Johnson & Johnson 77
4.2.1 Depuy Knee Replacement System 78
4.3 Stryker® Knee Replacement System 78
4.4 Zimmer Biomet 79
4.5 Smith&Nephew 81
4.5.1 Smith & Nephew Knee Implant Systems 84
4.5.2 Smith & Nephew Hip Implant Systems 84
4.5.3 Smith & Nephew Bearing Surfaces 85

5. Knee and Hip Surgical Company Descriptions 86
5.1 Shenzhen Advanced Institute Spinal Surgical Robot 86
5.2 Smith & Nephew 87
5.2.1 Smith & Nephew Revenue 88
5.3 Stryker / MAKO Surgical 90
5.3.1 Stryker Revenue 90
5.3.2 Stryker Results Of Operations 93
5.3.3 Stryker Segment Orthopaedics 96
5.3.4 Stryker Business Segment Operations 96
5.3.5 Stryker Revenue 97
5.3.6 Stryker Hip Recall: $1.4 Billion Settlement 98
5.3.7 Stryker Regional Revenue Segment 98
5.3.8 Stryker Robots 99
5.3.9 Stryker / MAKO Surgical 104
5.3.10 Stryker / Mako 105
5.4 THINK Surgical 113
5.4.1 THINK Surgical TPLAN™ 3D Planning Workstation 114
5.4.2 THINK Surgical TCAT™ Computer Assisted Tool 116
5.4.3 Think Surgical 118
5.4.4 Think Surgical Robodoc 119
5.5 Wright Medical Technology 119
5.5.1 Wright Revenue 120
5.5.2 Wright Medical Group NV Revenue 120
5.5.3 Wright Medical Group N.V. Revenue for 2015 Third Quarter 122
5.5.4 Wright / Tornier 127
5.6 Zimmer Biomet 128
List of Tables and Figures

Figure ES-1 13
Stryker MAKO Surgical Robots 13
Table ES-2 14
Knee and Hip Surgical Robot Market Driving Forces 14
Table ES-3 15
Innovative Knee and Hip Surgical Robot Features 15
Figure ES-4 18
Orthopedic Surgical Robot Market Segments, Dollars, 2015 18
Figure ES-5 20
Knee and Hip Surgical Robots Market Forecasts, Dollars, Worldwide, 2016-2022 20
Table 1-1 25
Stryker Positions to Assist Hospital Capital Investment in Orthopedic Surgical Robots 25
Figure 1-2 26
Osteoporosis Impact on Hip 26
Table 1-3 28
Causes of Knee and Hip Deterioration 28
Figure 2-1 29
Stryker MAKO Surgical Robots 29
Table 2-2 30
Knee and Hip Surgical Robot Market Driving Forces 30
Table 2-3 31
Innovative Knee and Hip Surgical Robot Features 31
Figure 2-4 34
Orthopedic Surgical Robot Market Segments, Dollars, 2015 34
Table 2-5 35
Orthopedic Surgical Robot Market Shares, Dollars, Worldwide, 2015 35
Table 2-6 37
Orthopedic Surgical Robot Market Shares, Units and Dollars, Worldwide, 2015 37
Table 2-7 38
Medical Surgical Robot Joint Reconstruction and Joint Replacement Market Shares, Units and Dollars of Shipments, Worldwide,
Table 2-8 39
Medical Surgical Robot Joint Reconstruction and Joint Replacement Market Installed Systems, and Units and Dollars of Shipments,
Worldwide, 2015 39
Figure 2-9 41
Knee and Hip Surgical Robots Market Forecasts, Dollars, Worldwide, 2016-2022 41
Table 2-10 42
Hip and Knee Orthopedic Surgical Robot Market Segment Forecasts, Dollars, Worldwide, 2016-2022 42
Table 2-11 44
Hip, Knee, and Other Orthopedic Surgical Implant Market Segment Forecasts Units, Dollars, and Dollars per Unit, United States and
Worldwide, 2016-2022 44
Table 2-12 45
Knee Orthopedic Surgical Implant Market Segment Forecasts, Units, Dollars, and Dollars per Unit, United States and Worldwide,
2016-2022 45
Table 2-13 46
Hip Orthopedic Surgical Implant Market Segment Forecasts, Units, Dollars, and Dollars per Unit, United States and Worldwide,
2016-2022 46
Table 2-14 47
Other Orthopedic Surgical Implant Market Segment Forecasts, Units, Dollars, and Dollars per Unit, United States and Worldwide,
2016-2022 47
Table 2-15 48
Hip, Knee, and Other Orthopedic Surgical Implant Market Segment Forecasts Dollars, Worldwide, 2016-2022 48
Figure 2-16 49
Knee Implants Market Forecasts, Dollars, Worldwide, 2016-2022 49
Figure 2-17 50
Hip Implants Market Forecasts, Dollars, Worldwide, 2016-2022 50
Figure 2-18 51
Other Implants Market Forecasts, Dollars, Worldwide, 2016-2022 51
Figure 2-19 52
Orthopedic Implants Market Forecasts, Dollars, Worldwide, 2016-2022 52
Table 2-20 53
Medical Surgical Robot Joint Reconstruction and Joint Replacement Market Shares, Units and Dollars of Shipments, Worldwide,
2014 53
Table 2-21 54
Medical Surgical Robot Joint Reconstruction and Joint Replacement Market Installed Systems, and Units and Dollars of Shipments,
Worldwide, 2015 54
Table 2-22 56
Orthopedic Surgical Robot Regional Market Segments, Dollars, 2015 56
Table 2-23 57
Orthopedic Surgical Robot Regional Market Segments, Dollars, 2015 57
Figure 3-1 59
Stryker Mako Advanced RIO® Robotic Arm 59
Figure 3-2 60
Stryker MAKOplasty ® Robotic Arm Solution 60
Figure 3-3 61
Stryker MAKOplasty Hip Arthroplasty 61
Figure 3-4 62
Stryker MAKOplasty Hip Arthroplasty 62
Table 3-5 63
Stryker MAKOplasty® Surgical Robotic Total Hip Arthroplasty Features 63
Figure 3-6 64
Stryker Hip Joint Kinematics 64
Figure 3-7 65
Figure 3-8 66
Stryker MAKOplasty 66
Figure 3-9 67
Stryker Mako RESTORIS Hip System Components 67
Table 3-10 68
Stryker Mako Diverse Family of RESTORIS® Hip Implant Systems 68
Figure 3-11 69
MAKO Surgical Maker Of Robots To Assist In Knee Replacements 69
Figure 3-12 71
Stryker Mako Robotic Stations for Surgery Planning and Bone Cutting 71
Figure 3-13 72
Stryker Knee and Hip Surgical Robot For Bone Cutting 72
Figure 3-14 73
Stryker Knee Surgical Robot Precision Cutter Decreases Need For Bone Resurfacing 73
Figure 3-15 75
Stryker Mako Surgical Preoperative and Post Operative Knee Surgery Images 75
Table 3-16 76
Stryker Mako Surgical Robot Knee Arthroplasty Benefits 76
Table 4-1 80
Zimmer Biomet Musculoskeletal Healthcare Offerings 80
Figure 4-2 81
Smith & Nephew Product Line 81
Figure 5-1 87
Smith & Nephew Laser Surgical Instrument 87
Figure 5-2 100
Stryker Joint Implants 100
Figure 5-3 101
Stryker Patient Specific Pre-Operative Planning 101
Figure 5-4 102
Stryker Patient Specific Pre-Operative Planning 102
Table 5-5 102
Stryker Better Fit Orthopedics 102
Table 5-6 103
Stryker Osteoarthritis Affects Compartments Of The Knee 103
Figure 5-7 104
Stryker / MAKO Surgical RIO Robotic Arm Interactive System 104
Figure 5-8 111
MAKO Surgical Restoris 111
Figure 5-9 114
THINK Surgical TPLAN™ 3D Planning Workstation 114
Figure 5-10 115
THINK Surgical TPLAN™ Workstation 115
Figure 5-11 116
THINK Surgical TCAT™ Computer Assisted Tool 116
Figure 5-12 118
Think Surgical Planning 118
Figure 5-13 119 



                                

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