Zimmer Biomet dominates hip, knee orthopedic implant market: 5 notes

Spinal Tech

The global hip and knee surgical implants market is expected to hit $33 billion by 2022, based on a Researchmoz report, according to medGadget.

Here are five notes:


1. The market is positioned to grow due to the growing geriatric population.


2. Zimmer Biomet leads the market with the Zimmer M/L taper hip prosthesis and the Zimmer Kinectiv Technology.


3. Johnson & Johnson, Stryker and Smith & Nephew also lead the market.


4. In the last five years, industry profit margins have risen due to solid demand and sales.


5. The market totals $16.7 billion in 2016.


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