The global orthopedic devices market is expected to grow at a CAGR of 4.57 percent from 2016 to 2020, according to a Research and Market report.
Here are three notes:
1. The increasing interest in robotic technology will contribute to the market's growth.
2. The increasing prevalence of arthritis, bursitis, Paget's disease and fractures will also drive the market's growth.
3. Some key players in the market include DePuy Synthes, Medtronic, Smith & Nephew, Stryker and Zimmer-Biomet.