Global market value for orthopedic devices is projected to grow at a compound annual growth rate (CAGR) of 4% to $64bn by 2025, driven by the rise in acquisitions within the orthopedics space in recent months, according to GlobalData, a leading data and analytics company.
Kevin Dang, Medical Devices Analyst at GlobalData, comments: “While various sectors have seen a decline in mergers and acquisitions (M&A), deals in orthopedics have not shown any signs of slowing down. Major players such as Stryker, a leading manufacturer of orthopedic, medical and surgical products, are looking to expand their portfolios by integrating new products from …
Orthopedics market set to reach $64bn by 2025 as acquisitions surge
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