The global artificial implants market is projected to reach $89 billion by 2018, according to the latest analysis by Global Industry Analysis.
Several major factors are contributing to the growth of the artificial implant market, including an aging population and growing innovation in healthcare technology. In the orthopedic implant sector, the increasing prevalence of conditions such as osteoarthritis is expected to boost procedural volumes. However, government efforts to curtail healthcare costs and utilization may post a challenge in the joint implant market.
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