Global orthopedic devices market to hit $47.5B by 2020: 3 takeaways

A Market Research Engine report found the global orthopedic devices market is expected to expand through 2022.

Advertisement

Here are three takeaways:

 

1. By 2020, the market is expected to reach $47.50 billion.

 

2. The market is projected to increase at a compound annual growth rate of 5 percent from 2016 to 2020.

 

3. More small players with very innovative products and designs will spur market growth.

 

More device news:
Analysts update price targets of NuVasive stock — 3 quick points
Medtronic, SeaSpine, Zimmer Biomet & more: 17 key notes
Orthogrid Systems offering outpatient and short-stay total joint surgeons complete control: 4 thoughts

At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.

Advertisement

Next Up in Spinal Tech

Advertisement

Comments are closed.