The global orthopedic devices market will continue to grow between 2016 and 2022, based on a Market Research Engine report.
Here are three observations:
1. The market will likely continue to grow at a compound annual growth rate of 5 percent between 2016 and 2022.
2. The market is set to hit $47.5 billion by 2022.
3. Small companies entering the market are driving growth by creating business opportunities.