The 2019 installment of the annually produced ORTHOPAEDIC INDUSTRY ANNUAL REPORT® is available now and projects that the global orthopedic market will realize 4% YOY growth over the next five years, reaching $61.2 billion in 2023 revenue.
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CHAGRIN FALLS, Ohio, June 4, 2019 /PRNewswire/ -- The 2019 installment of the annually produced ORTHOPAEDIC INDUSTRY ANNUAL REPORT® is available now and projects that the global orthopedic market will realize 4% YOY growth over the next five years, reaching $61.2 billion in 2023 revenue. Market leaders DePuy Synthes, Zimmer Biomet, Stryker, Smith & Nephew, Medtronic, Arthrex and NuVasive currently control 65% of the market, according to the report, with smaller companies continuing to gain share. All told, 1,012 companies are mentioned, and revenue estimates are provided for companies with sales over $100 million. "In writing this report, we wanted to answer some of the questions we're asked most often:
commented Carolyn LaWell, Chief Content Officer at ORTHOWORLD® Inc., the company that owns and authors the report. "Device companies, suppliers, consultants and analysts are regular readers of the report, and they tell us that they use the information contained within it to
Interested parties are encouraged to visit ORTHOWORLD.com to read the full report. About ORTHOWORLD: ORTHOWORLD is a customer-centric media company exclusively serving the global orthopedic market. Its singular mission is helping device companies, suppliers, service providers and individuals improve their performance through timely and relevant business intelligence, product commercialization guidance, comprehensive marketing solutions and educational conferences. Contact:
SOURCE ORTHOWORLD, Inc. |
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