6 trends in the personalized orthopedic market

Written by Mackenzie Garrity | June 12, 2017 | Print  |

A new market report predicts the personalized orthopedic implant market to have significant growth from 2017 to 2027, according to LA News.

Here are six key notes:

 

1. 3D imaging and modeling and digital manufacturing are new technologies playing vital roles in the expansion of personalized orthopedic implants.

 

2. Increasing research and development activities and availability to customize implants to the patient foster the demand for orthopedic implants and drives the global personalized orthopedic market.

 

3. The rapidly growing geriatric population and increasing prevalence of the orthopedic disorders such as osteoarthritis and hip pain is anticipated to boost the demand for personalized orthopedic implants and drive the market.

 

4. North America contributes the leading shares to the global personalized orthopedics implant market in terms of value, and is anticipated to register a significant compound annual growth rate.

 

5. Asia Pacific is the most lucrative market for the personalized orthopedic implants market due to the increasing acceptance of advanced surgical procedures and developing medical infrastructure in the region.

 

6. Some major market players include Stryker Corp., Zimmer Biomet Holdings, Smith & Nephew and DePuy Synthes.

 

More articles on devices and implants:
Amedica reports preliminary 2016 revenue of $15.2M – 10 highlights
Camber Spine Technologies fills 2 newly created sales director roles: 5 notes
Stryker, Life Spine, NuVasive & more: 7 device company key notes

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