Global orthopedic trauma devices market to reach $9.4B by 2020: 4 things to know

Spinal Tech

By 2020, the global orthopedic trauma devices market is expected to hit $9.4 billion, according to a Persistence Market Research report.

Here are four things to know:

 

1. In 2013, the market was valued at $5.7 billion.

 

2. From 2014 through 2020, the market is expected to grow at a compound annual growth rate of 7.2 percent.

 

3. Enhanced clinical outcomes are fueling market growth.

 

4. North America held the largest market share in 2014, and Asia Pacific is expected to experience the fastest growth through 2020.

 

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