A recent report by Future Market Insights predicts that the industry will continue to expand, with a projected compound annual growth rate of 2.7% over the next decade. The projected value of the industry is expected to hit $13.1 billion by 2034, according to the report.
The expansion of the knee replacement market is being driven by a combination of increased demand and advancements in technology. ASCs are anticipated to continue to contribute heavily to the expansion of knee replacement procedures.
