Global orthopedic devices market to grow at 5% CAGR through 2022 — 3 observations

The global orthopedic devices market will continue to grow between 2016 and 2022, based on a Market Research Engine report.

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Here are three observations:

 

1. The market will likely continue to grow at a compound annual growth rate of 5 percent between 2016 and 2022.

 

2. The market is set to hit $47.5 billion by 2022.

 

3. Small companies entering the market are driving growth by creating business opportunities.

 

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