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Fifth Generation (5G) Remote Orthopedic Robot Surgery Industry Expansion: How the Market Size Has Grown Over the Last 5 Years?
The market for fifth generation (5G) remote orthopedic robot surgery has seen tremendous expansion in the past few years. Projected growth indicates that the market size will increase from $1.22 billion in 2024 to $1.55 billion in 2025, with a compound annual growth rate (CAGR) of 27.0%. Factors contributing to this increase during the historic period include a higher inclination towards minimally invasive operations, a surge in musculoskeletal disorder cases, an aging demographic, heightened patient knowledge about surgical alternatives, and successful pilot projects along with clinical trials.
In the coming years, the market for fifth-generation (5G) remote orthopedic robotic surgery is projected to experience a significant surge, rising to $3.98 billion by 2029 with a Compound Annual Growth Rate (CAGR) of 26.6%. This predicted increase during the forecast period can be ascribed to greater coverage and dependability of the 5g network, rising need for remote healthcare services, government efforts to modernize healthcare, improvement of healthcare infrastructure in rural and underprivileged areas, and favourable reimbursement policies. The forecast period is also likely to see trends like the incorporation of artificial intelligence (AI) into robotic systems, a rise in ultra-remote and transcontinental surgeries, broader usage of 5g private and public networks, multi-specialty robotic surgery systems, and an increase in live-streamed and educational telesurgery sessions.
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What Growth Drivers Are Responsible for Accelerating Fifth Generation (5G) Remote Orthopedic Robot Surgery Market Growth?
The escalating incidence of musculoskeletal conditions is anticipated to boost the growth of the 5G remote orthopedic robotic surgery market. Musculoskeletal disorders encompass issues impacting bones, joints, muscles, and connective tissues, resulting in pain and functional impairments across the body. Factors such as aging populations in developed countries, where age-related bone and joint degenerative changes are common, increase the chances of developing conditions like osteoporosis, osteoarthritis, and chronic back pain. By offering precise, less invasive treatments with better patient outcomes and quicker recovery periods, 5G remote orthopedic robot surgery offers a solution for patients with these disorders.
The Office for Health Improvement and Disparities reported in January 2024, for instance, that 18.4% of individuals aged 16 or older reported a long-term musculoskeletal condition in 2023, a marginal rise from 17.6% in 2022. Males reported these conditions less often than females, with respective percentages of 15.8% and 20.9%. Thus, the rising incidence of musculoskeletal disorders is fueling the growth of the 5G remote orthopedic robot surgery market. Similarly, the demand surge for minimally invasive orthopedic procedures is predicted to further stimulate growth in the 5G remote orthopedic robotic surgery market. Minimally invasive orthopedic procedures entail surgical techniques utilizing smaller incisions and specialized tools to minimize tissue harm, resulting in faster recovery for patients than conventional open surgery. Increasing age across the world is amplifying the demand for these procedures, as the elderly are more prone to joint degeneration, fractures, and musculoskeletal disorders requiring surgical intervention. 5G remote orthopedic robot surgery enhances these minimally invasive procedures by leveraging ultra-low latency and high-bandwidth connectivity. This allows surgeons to conduct accurate, remote-controlled operations with real-time haptic feedback and improved visualization, leading to smaller incisions, reduced tissue trauma, and superior surgical accuracy, regardless of geographical separation between the surgeon and patient. As per the American Academy of Orthopaedic Surgeons in November 2024, AJRR, with over 4 million recorded hip and knee arthroplasty procedures, is the largest orthopaedic registry by annual procedure volume. PROMs had been submitted by 631 out of 1,447 sites (44%) by the end of 2023, marking a 27% increase in participating sites from the previous year. Therefore, the rising demand for minimally invasive orthopedic procedures is spurring the growth of the 5G remote orthopedic robot surgery market.
Performance of Leading Segments in the Fifth Generation (5G) Remote Orthopedic Robot Surgery Global Market
The fifth generation (5G) remote orthopedic robot surgery market covered in this report is segmented as
1) By Component: Robotic Systems, Fifth Generation (5G) Communication Devices, Software, Services
2) By Application: Joint Replacement, Spine Surgery, Trauma Surgery, Sports Medicine, Other Applications
3) By End-User: Hospitals, Ambulatory Surgical Centers, Specialty Clinics, Other End-Users
Subsegments:
1) By Robotic Systems: Surgical Robots, Navigation Systems, Imaging Robots, Rehabilitation Robots
2) By Fifth Generation (5G) Communication Devices: Network Hardware, Communication Modules, Antenna Systems, Monitoring Devices
3) By Software: Surgical Planning Software, Imaging And Visualization Software, Data Management Software, Artificial Intelligence Software
4) By Services: Installation Services, Training Services, Maintenance Services, Technical Support Services
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What are the upcoming Trends Poised to Transform the Future of the Fifth Generation (5G) Remote Orthopedic Robot Surgery Market?
Leading firms in the 5G remote orthopedic robot surgery market are concentrating on developing innovative solutions like incorporating high-tech imaging systems to improve surgical accuracy, facilitate real-time remote direction, minimize surgical hazards, and enhance patient results. This involves merging medical imaging devices with surgical robots to provide real-time depiction of patient anatomy, aiding surgeons in executing highly precise, minimally invasive operations while minimizing mistakes and surgical risks. For example, in May 2023, Shanghai MicroPort MedBot (Group) Co. Ltd., a Chinese manufacturing firm, got market authorization from Brazil’s ANVISA for its Honghu orthopedic surgical robot — commonly known overseas as SkyWalker. Honghu merges 5G remote functionalities with CT-guided imaging to aid surgeons in executing highly precise joint replacement surgeries, including least invasive procedures. It employs robotic limbs to boost precision, enables comprehensive pre-surgery planning, and can manage complicated cases like extreme rheumatoid arthritis or surgeries following fractures. The robot has received approval in several regions and has gained credibility through hundreds of robot-assisted procedures, evidencing its consistency and leading to its increased acceptance in various markets.
What Are the Regional Hotspots for Fifth Generation (5G) Remote Orthopedic Robot Surgery Market Growth?
North America was the largest region in the fifth generation (5G) remote orthopedic robot surgery market in 2024. The regions covered in fifth generation (5G) remote orthopedic robot surgery report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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Which Companies Hold the Largest Market Share in the Fifth Generation (5G) Remote Orthopedic Robot Surgery Industry?
Major companies operating in the fifth generation (5g) remote orthopedic robot surgery market are Huawei Technologies Co. Ltd., Johnson & Johnson, Medtronic plc, Stryker Corporation, Zimmer Biomet Holdings Inc., Intuitive Surgical Inc., Smith & Nephew plc, Globus Medical Inc., Renishaw plc, Brainlab AG, CMR Surgical Limited, Vicarious Surgical Inc., Curexo Inc., Shanghai MicroPort MedBot (Group) Co. Ltd., Avatera Medical GmbH, Virtual Incision Corporation, Moon Surgical SAS, EndoQuest Robotics Inc., Medicaroid Corporation, Galen Robotics Inc.
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