Hip Replacement Surgery Robot Market Revenue was valued at USD 1.5 Billion in 2024 and is estimated to reach USD 4.2 Billion by 2033, growing at a CAGR of 15.3% from 2026 to 2033.
The South Korean hip replacement surgery robot market is experiencing significant growth, driven by technological advancements and an increasing demand for precision in orthopedic procedures. In 2023, the orthopedic surgical robots market in South Korea generated a revenue of USD 15.4 million and is projected to reach USD 32.6 million by 2030, reflecting a compound annual growth rate (CAGR) of 11.3% from 2024 to 2030. citeturn0search0
Among the various applications, knee surgeries have historically dominated the market. However, the hip replacement segment is emerging as a significant area of growth. The adoption of robotic systems in hip arthroplasty aims to enhance surgical precision, reduce recovery times, and improve overall patient outcomes. Several key players are actively contributing to the expansion of this market. Stryker's Mako Smart Robotics system, for instance, has gained prominence for its application in total hip replacements. The Mako Robot utilizes a computer program that calculates and displays the estimated cutting amount, implant size, and insertion location based on preoperative 3D CT scans. This system enhances surgical accuracy by allowing surgeons to plan and execute procedures with a high degree of precision. citeturn0search3
In addition to international companies, South Korean firms are making notable strides. Curexo, a domestic medical robot company, has partnered with Japan's Kyocera Corporation to introduce the Cuvis-joint, an artificial joint surgery robot, into the Japanese market. The Cuvis-joint employs an optical tracking camera to automatically cut a patient's knee bone based on preoperative CT images, showcasing the technological capabilities of South Korean enterprises in the robotic surgery domain. citeturn0search6 The South Korean government's proactive stance further bolsters the market's growth. In its 3rd Basic Plan for 2019-2023, over USD 100 million was allocated to invest in the production of 1,500 advanced robots across various industries, including healthcare. Additionally, the Medical Device Industry Act, launched in 2020, aims to expedite the commercialization of innovative medical devices by fast-tracking the review process for cutting-edge technologies. These initiatives are expected to accelerate the adoption of robotic surgery technologies in the country. citeturn0search9 Hospitals in South Korea are increasingly integrating robotic systems into their orthopedic departments. For example, an orthopedic hospital chain reported that 80% of its total knee replacement arthroplasty patients opted for robotic procedures within just one year of introducing surgical robots. This trend underscores the growing acceptance and demand for robotic-assisted surgeries among patients and healthcare providers alike. citeturn0search9 In summary, the South Korean hip replacement surgery robot market is poised for substantial growth, driven by technological innovations, supportive government policies, and an increasing emphasis on precision in orthopedic surgeries. As both international and domestic players continue to invest and innovate, the market is expected to witness significant advancements in the coming years.
Get an In-Depth Research Analysis of the South Korea Hip Replacement Surgery Robot Market Size And Forecast [2025-2032]
Stryker
Zimmer Biomet
Corin Group (OMNI)
DePuy Synthes(Johnson & Johnson)
Smith & Nephew
HipInsight
Intellijoint Surgical
Hangzhou Jianjia Robot Co.
Ltd.
Hangzhou Lancet Robotics Co.
Ltd.
Beijing Aikang Yicheng Medical Equipment Co.
Ltd.
Kinamed
OrthAlign Inc
Beijing Tinavi Medical Technologies Co.
Ltd.
Shanghai Electric Central Research Institute
Yuanhua Intelligent Technology
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
Get Discount On The Purchase of the South Korea Hip Replacement Surgery Robot Market Size And Forecast [2025-2032]
Growing demand for below applications around the world has had a direct impact on the growth of the South Korea Hip Replacement Surgery Robot Market
Unilateral Hip Replacement Surgery Robots
Bi-lateral Hip Replacement Surgery Robots
Robotic Systems
Control Systems
Instruments
Partial Hip Replacement
Total Hip Replacement
Hospitals
Ambulatory Surgery Centers
Orthopedic Clinics
Robotic-Assisted Surgery
Computer-Assisted Surgery
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
For More Information or Query, Visit @ South Korea Hip Replacement Surgery Robot Market Research Analysis
1. Introduction of the South Korea Hip Replacement Surgery Robot Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. South Korea Hip Replacement Surgery Robot Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. South Korea Hip Replacement Surgery Robot Market, By Type
6. South Korea Hip Replacement Surgery Robot Market, By Application
7. South Korea Hip Replacement Surgery Robot Market, By Geography
Asia-Pacific
China
Japan
Korea
India
Australia
Indonesia
Thailand
Philippines
Malaysia and Vietnam
8. South Korea Hip Replacement Surgery Robot Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
About Us: Verified Market Reports
Verified Market Reports is a leading Research and Consulting firm servicing over 5000+ clients. We provide advanced analytical research solutions while offering information-enriched research studies. We also offer insights into strategic and growth analyses and data necessary to achieve corporate goals and critical revenue decisions.
Our 250 Analysts and SMEs offer a high level of expertise in data collection and governance using industrial techniques to collect and analyze data on more than 25,000 high-impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise, and years of collective experience to produce informative and accurate research.
Contact us:
Mr. Edwyne Fernandes
US: +1 (650)-781-4080
US Toll-Free: +1 (800)-782-1768
Website: https://www.verifiedmarketreports.com/