A Reportstack report found both Zimmer Biomet and DePuy Synthes are two major companies in the European large joint orthopedic devices market, according to WhaTech.
Here are four things to know:
1. Other notable companies include Stryker, Smith & Nephew, Aesculap, Tornier, Heraeus, Link, Lima, Amplitude, Exactech, Mathys, Medacta, DJO Global, Corin, Gruppo, Bioimpianti, SAMO, Citieffe, FH Orthopedics and Stanmore Implants.
2. The hip replacement market is trending toward hybrid and cementless devices, which will increase market prices as ceramic costs more than metal.
3. A growing active population is a key factor driving market growth.
4. An obesity rate amongst Europeans is also fueling market growth.
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