Market size
2021: $45.30B
2028: $64.18B
5.1%: Manufacturing technology
3D printing technology has greatly increased demand for customized implants.
Orthopedic injury, aging population
1.71 billion people with musculoskeletal conditions, globally per the World Health Organization (WHO), Feb. 2021
Orthopedic implant largest market share, by product, 2020
Global
41.6%
US
40.6%
Joint reconstruction (knee, hip, extremity)
2020 North American orthopedic implant market
$20.91B
Source: https://www.fortunebusinessinsights.com/industry-reports/orthopedic-implants-market-101659
SKELETON ILLUSTRATION © SHOPPLAYWOOD | ADOBE STOCK
Explore the May 2022 Issue
Check out more from this issue and find your next story to read.
Latest from Today's Medical Developments
- Kenton County Honors Mazak Corporation’s 50th Anniversary
- Optimize your manufacturing applications with the right metrology tools
- US Department of Labor Recognizes UNITED GRINDING North America as Apprenticeship Ambassador
- Navigating today’s supply chain
- Fed’s soft landing may ignite manufacturing technology market growth
- Platinum Tooling named North American distributor for Dunner
- Bridging the Skills Gap: A Solution for Today’s Labor Shortage
- Machine Solutions acquires Alpine Laser LLC
