Sports Medicine Implant Market to Explode, Reaching $1.6B by 2018 FeaturedWritten by Jaimie Oh | July 02, 2012
The sports medicine implant market is expected to grow from $1 billion in 2011 to $1.6 billion by 2018, at a compound annual growth rate of 6.7 percent, according to a recent assessment by GlobalData.
A number of factors will drive this growth, including an increase in injury rates, an aging population and more technologically advanced implant options. Arthrex was the leading company in sports medicine implants market in 2011, with a 23 percent share worth over $200 million.
© Copyright ASC COMMUNICATIONS 2011. Interested in LINKING to or REPRINTING this content? View our policies here.