Global orthopedic devices market to hit $47.5B by 2020: 3 takeaways

Spinal Tech

A Market Research Engine report found the global orthopedic devices market is expected to expand through 2022.

Here are three takeaways:

 

1. By 2020, the market is expected to reach $47.50 billion.

 

2. The market is projected to increase at a compound annual growth rate of 5 percent from 2016 to 2020.

 

3. More small players with very innovative products and designs will spur market growth.

 

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