Orthopedic small bone & joint devices market to reach $4B by 2023: 5 highlights

Written by Mackenzie Garrity | August 21, 2017 | Print  |

The U.S. orthopedic small bone and joint devices market is predicted to reach $4 billion by 2023.

Here are five highlights:

 

1. The foot and ankle market is the fastest growing segment in the orthopedic small bone and joint devices market with nearly 9 percent growth in 2016.

 

2. Total wrist replacement is shifting toward the use of ulnar head replacement, leading to new products and procedures growing the market.

 

3. DePuy Synthes leads the device market due to its market position in both plate and screw and external fixation device markets.

 

4. Wright Medical is the second leading competitor due to its increased portfolio of shoulder reconstruction devices.

 

5. Additional influencers include Zimmer Biomet, Stryker, Arthrex, Smith & Nephew, Acumed, Integra Life Sciences, Exactech and DJO Surgical.

 

More articles on devices and implants:
Medtronic, Stryker, NuVasive & more: 7 device company notes
Global wearable medical devices market to grow at 9.5% CAGR through 2021: 3 points
Global orthopedic surgical navigation systems market to expand at 7.2% CAGR through 2021 — 4 observations

 

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