DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Europe Orthopedic Navigation System Market Size and Forecast By Application, By Country And Trend Analysis From 2015 To 2022" report to their offering.
Europe orthopedic navigation system market is expected to reach USD 22.7 Million by 2022.
The rising number of target diseases especially in the geriatric population is responsible for the rapid growth of the European orthopedic navigation system market. According to the Executive Agency for Health and Consumers, one in ten people in the geriatric population in Europe is suffering from osteoarthritis.
Minimal invasion, low post-operative complications associated with computer assisted surgery is anticipated to drive regional market growth over the forecast period. Moreover, the introduction of technologically advanced products is expected to induce demand for orthopedic navigation systems.
Hip surgery is anticipated to be growing at a steady rate owing to the rising number of hip replacement surgeries. According to the OECD, hip replacements in the UK are more recurrent and 177 per 100,000 populations in 2014 undergo hip replacement surgeries.
Germany dominated the overall Europe orthopedic navigation system market in terms of revenue in 2014 at 30.5%.
Presence of sophisticated healthcare infrastructure coupled with high healthcare expenditures, and higher volume of joint reconstruction procedures in this region are some factors attributing to the aforementioned conclusion.
The UK is pegged to witness lucrative growth of over CAGR of 5.0% from 2015 to 2022, owing to the rising prevalence of diseases such as osteoarthritis and increasing usage of computer aided navigation system in knee & hip replacement surgeries. Moreover, high awareness levels, R&D funding, and presence of skilled orthopedic surgeons are likely to fuel future demand.
Key Topics Covered:
1. Methodology and Scope
2. Executive Summary
3. Orthopedic Navigation System Industry Outlook
4. Orthopedic Navigation System Application Outlook
5. Europe Orthopedic Navigation System Regional Outlook
6. Competitive Landscape
- Stryker Navigation
- B Braun Melsungen AG s
- Brain Lab
- Zimmer Biomet
- Microport Medical
- De Puy
For more information visit http://www.researchandmarkets.com/research/s7p84h/europe_orthopedic