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

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

Advertisement

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.

 

More device news:
Analysts update price targets of NuVasive stock — 3 quick points
Medtronic, SeaSpine, Zimmer Biomet & more: 17 key notes
Orthogrid Systems offering outpatient and short-stay total joint surgeons complete control: 4 thoughts

At the Becker's 23rd Annual Spine, Orthopedic and Pain Management-Driven ASC + The Future of Spine Conference, taking place June 11-13 in Chicago, spine surgeons, orthopedic leaders and ASC executives will come together to explore minimally invasive techniques, ASC growth strategies and innovations shaping the future of outpatient spine care. Apply for complimentary registration now.

Advertisement

Next Up in Spinal Tech

Advertisement

Comments are closed.