The hip and knee orthopedic surgical robot devices market is expected to hit $4.6 billion by 2022, based on a Market Research report, according to newsmaker.
Here are five points:
1. In 2015, the hip and knee orthopedic surgical robot devices market reached $84 million.
2. The market will grow due to an increasing geriatric population.
3. Hospitals are purchasing robotic surgical devices to enhance clinical outcomes.
4. Robot-assisted surgery is intended to improve accuracy and offer surgeons better control over surgical instruments.
5. Stryker's Mako total knee application in combination with its Triathlon total knee system will likely increase the company's market share.