TMR Predicted Orthopedic Devices Market Growing from a Value of US $41.2 Bn in 2019
According to the report, the global orthopedic devices market is estimated to register a modest 4.90% CAGR during the forecast period, growing from a value of US$29.2 bn in 2012 to US$41.2 bn in 2019. While the growing prevalence of osteoarthritis and osteoporosis and rise in sports and road injuries will boost the demand for orthopedic devices, frequent product recalls, economic upheaval, and unfavorable political reforms threaten to impede the global market.
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