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Global orthopedic devices market to hit $47.5B by 2022 — 3 highlights Featured

Written by  Megan Wood | Monday, 12 December 2016 21:15
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The global orthopedic devices market will likely grow at a compound annual growth rate of 5 percent between 2016 and 2022, according to a Market Research Engine report.

Here are three highlights:

 

1. The global orthopedic devices market is anticipated to reach $47.5 billion by 2022.

 

2. Smaller companies introducing novel products are driving market growth.

 

3. To remain competitive in the space, manufacturers must offer devices with more advanced technology.

 

More articles on devices:
Flexion Therapeutics submits new drug application for knee osteoarthritis pain pill: 4 key notes
Global hip, knee implant market to hit $33B by 2022: 5 observations
SeaSpine names William Rhoda to new executive position: 5 things to know

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