Global hip, knee implant market to hit $33B by 2022: 5 observations

Spinal Tech

The global hip and knee surgical implant market is anticipated to reach $33 billion by 2022, according to Today's Medical Developments.

Here are five observations:


1. In 2015, 325,000 people underwent total hip replacement surgery in the Untied States.


2. Computer assistance represents a new trend in the total hip replacement surgery field.


3. The increasing aging population is driving the market.


4. Warsaw, Ind.-based Zimmer Biomet leads the hip and knee orthopedic implant market, offering its ML taper hip prosthesis with Kinectiv modular neck technology.


5. Other market leaders include:


• DePuy Synthes in West Chester, Pa.
• Stryker in Kalamazoo, Mich.
• Smith & Nephew in London


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