Here are four key trends from the report:
1. The market is projected to pass the $9 billion mark this year.
2. Custom patient implants have become an important talking point in the knee arthroplasty market, and many companies offer instruments such as cutting blocks that are used to create the perfect implant for each individual patient.
3. Both the knee and hip revision markets have been experiencing strong growth due to an increase in procedures.
4. Three major companies vie for the top spot in the U.S. large joint restoration market: DePuy Synthes, Stryker and Zimmer. Together, these companies make up more than half of the market’s value.
More articles on devices:
Spine device company stock report — 5 key companies
Smith & Nephew’s 2014 revenue up 2%: 10 things to know
8 key points on Misonix’s 2Q financial report — sales up 36%
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.
