The US market for small bone and joint devices was valued at more than $2 billion in 2012, according to a Research and Markets report. The market report includes shoulder reconstruction implants, elbow repair devices, hand and wrist devices, foot and ankle devices and shape memory staples. All segments experienced positive growth, which is expected to continue as the aging population increases.
However, capitated pricing has affected the shoulder reconstruction and hand and wrist device markets negatively, which could impact the overall market.
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However, capitated pricing has affected the shoulder reconstruction and hand and wrist device markets negatively, which could impact the overall market.
More Articles on Devices:
Smith & Nephew Profits Up 1% in 4Q, Revenue Dips 3%
Discount Orthopedic Device Maker NovoSource Enlists Expert Fundraising Help
Dr. Jason Highsmith Performed First Precision Spectra Spinal Cord Stimulator Implant