Here are four key trends in the market:
1. The market grew by more than 7 percent in 2014.
2. In 2014, the market was led by the foot and ankle device and shoulder reconstruction device markets.
3. The market will likely see further growth when stemless devices take to market in the United States by 2016.
4. The small bone and joint device market has experienced an increase in the number of players, however, the increased amount of competition has increased the importance of brand and of a company name being connected to particular orthopedic solutions.
More articles on devices:
Exactech acquires robotic tech company — 5 things to know
5 quick facts on Amedica’s partnership with InterMed Resources & HealthTrust
5 points on Aurora Spine’s non-brokered private common share placement
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.