4 takeaways on the small bone and joint orthopedic devices market

The small bone and joint orthopedic devices market’s fracture fixation and replacement systems segment was the largest segment in 2014, according to a MRRSE report.

Advertisement

Here are four takeaways:

 

1. The fracture fixation and replacement systems segment was valued at nearly $1.596 million in 2014.

 

2. The segment is expected to grow at a compound annual growth rate of 8 percent from 2015 to 2023.

 

3. The increasing prevalence of joint degenerative diseases and increasing healthcare expenditures are fueling the small bone and joint orthopedic devices market’s growth.

 

4. Key players include Acumed, Arthrex, DJO Global, Flower Orthopedics, DePuy Synthes, Smith & Nephew, Stryker, Tecomet, Wright Medical Group, Zimmer Biomet and Z-Medical GmbH.

 

More articles on devices:
NuVasive sentiment falls to 1.17 in Q1: 5 notes
Bioventus files for $150M IPO: 5 points
Prosidyan, MO-SCI collaborate on new orthopedic technology — 5 insights

At the Becker's 23rd Annual Spine, Orthopedic and Pain Management-Driven ASC + The Future of Spine Conference, taking place June 11-13 in Chicago, spine surgeons, orthopedic leaders and ASC executives will come together to explore minimally invasive techniques, ASC growth strategies and innovations shaping the future of outpatient spine care. Apply for complimentary registration now.

Advertisement

Next Up in Spinal Tech

  • Since March 25, there have been two key developments in lawsuits involving spine medtech companies. 1. The U.S. Court of…

  • The highest-paid CFOs at spine and orthopedic medtech companies saw total compensation reaching in the mid-single digits and beyond. Here…

Advertisement

Comments are closed.