Global orthopedic devices market to hit $47.5B by 2022 — 3 highlights

The global orthopedic devices market will likely grow at a compound annual growth rate of 5 percent between 2016 and 2022, according to a Market Research Engine report.

Advertisement

Here are three highlights:

 

1. The global orthopedic devices market is anticipated to reach $47.5 billion by 2022.

 

2. Smaller companies introducing novel products are driving market growth.

 

3. To remain competitive in the space, manufacturers must offer devices with more advanced technology.

 

More articles on devices:
Flexion Therapeutics submits new drug application for knee osteoarthritis pain pill: 4 key notes
Global hip, knee implant market to hit $33B by 2022: 5 observations
SeaSpine names William Rhoda to new executive position: 5 things to know

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.