Global hip, knee implant market to hit $33B by 2022: 5 observations

Megan Wood -   Print  |
Listen
Text
  • Small
  • Medium
  • Large

The global hip and knee surgical implant market is anticipated to reach $33 billion by 2022, according to Today's Medical Developments.

Here are five observations:

 

1. In 2015, 325,000 people underwent total hip replacement surgery in the Untied States.

 

2. Computer assistance represents a new trend in the total hip replacement surgery field.

 

3. The increasing aging population is driving the market.

 

4. Warsaw, Ind.-based Zimmer Biomet leads the hip and knee orthopedic implant market, offering its ML taper hip prosthesis with Kinectiv modular neck technology.

 

5. Other market leaders include:

 

• DePuy Synthes in West Chester, Pa.
• Stryker in Kalamazoo, Mich.
• Smith & Nephew in London

 

Copyright © 2021 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.

Featured Webinars

Featured Whitepapers

Featured Podcast