Three takeaways:
1. Increasing prevalence of degenerative bone diseases will drive global demand for orthopedic devices. The rapidly growing geriatric population will also contribute to market growth.
2. Analysts expect the global joint reconstruction market to hit $22.4 billion by 2025 as joint replacements become more common and less expensive.
3. The U.S. orthopedic devices market will grow at an estimated 2.4 percent through 2025. In 2018, the U.S. accounted for the largest share of the global market.
More articles on devices:
Centinel Spine device for total disc replacement celebrates 18 years
10 device company notes
Stryker enters into licensing, distribution agreement with Conformis
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.
