The global orthopedic implant market is expected to grow by $9.6 billion in the next four years, according to an analysis by Reportlinker.com.
Three things to know:
1. Market growth is expected to increase at a CAGR of more than 5 percent during the period of 2021 to 2025.
2. The rise in new product launches is one of the main drivers of orthopedic implant market growth.
3. Key vendors include Globus Medical, Medtronic, Johnson & Johnson and Stryker.