Third-Quarter Reports Hint at Recovery for Joint Replacement Companies

Third-quarter financial reports from several industry leaders hint that a recovery of the $11 billion market for hip and knee replacements is under way, according to a report from Dow Jones Newswires.

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Sales of devices slowed earlier this year because many elective hip and knee procedures were being postponed in the face of lost insurance coverage, high out-of-pocket charges or inability to take time off from work.

However, recent quarterly reports from Zimmer Holdings, Stryker Corp. and Johnson & Johnson have shown a modest improvement in sales.

Read Dow Jones Newswires’ report on the joint replacement market.

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