The company’s Minor Orthopedic Replacement Implants report said the industry will experience an annual growth rate of over 7%, driven by a higher rate of arthritis and fractures. Osteoarthritis and rheumatoid arthritis are some of the major causes of joint replacement surgery, while failed previous joint replacement surgery can be another cause, the report said.
Minor orthopedic implant market to be worth $2.2 billion by 2021, analysts say
The minor orthopedic replacement implant market will grow from $1.5 billion in 2017 to $2.2 billion in 2021, according to analysts from The Business Research Co..