Will the U.S. Large Joint Restoration Market Value Cross $9B This Year?
Saturday, February 7, 2015
Source: Becker's Spine Review
The U.S. large joint restoration market is expected to soar, according to a new report published by iData Research.
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.