Global orthopedic devices market to reach $41.2B by 2019: 7 trends

The global orthopedic devices market is expected to grow rapidly over the next few years, according to a Transparency Market Research report.

Advertisement

Here are seven trends:

 

1. The market is expected to reach $41.2 billion by the end of 2019.

 

2. The global orthopedic devices market was valued at $29.2 billion in 2012.

 

3. The market is expected to grow at a compound annual growth rate of 4.9 percent from 2013 to 2019.

 

4. The key drivers of the global orthopedic devices market are the rapidly increasing geriatric population and the high demand for painless and noninvasive treatments.

 

5. The knee segment and the anchors segment led the market in 2012.

 

6. North America dominated the global market in 2012.

 

7. The key players in the global orthopedic devices market include NuVasive, Zimmer Biomet, Stryker, Orthofix, Medtronic, Globus Medical and DePuy Synthes.

 

More articles on devices:
FDA clears First Ray’s Stealth Staple System — 5 highlights
Medtronic names Karen Parkhill EVP, CFO: 5 key notes
Siemens, Ziehm, GE, Hologic, OrthoScan & Medtronic: 26 O-arm & C-arm systems

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

  • VB Spine has made big pushes into the spine medtech space so far in 2026, including global expansions. Six headlines…

  • Aurora Spine saw $4.4 million dollars in first-quarter sales, a less than 1% increase year over year, according to financial…

Advertisement

Comments are closed.