Here are three highlights:
1. The market is expected to see large growth due to the prevalence of degenerative joint diseases. According to the CDC, 78.4 million people are predicted to be diagnosed with arthritis by 2040.
2. Leading competitors in the plates and screws market include DePuy Synthes, Medtronic, Smith & Nephew and Zimmer Biomet. Orthopedic device companies are focusing on advancing titanium material locking and hybrid system plates.
3. The upper extremities and North America segments dominated the market with 57 percent and 40 percent of market share, respectively.
More articles on devices and implants:
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Amedica earns extension to demonstrate Nasdaq listing compliance — 4 points
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.
