Pune, India, Aug. 09, 2022 (GLOBE NEWSWIRE) — The global orthopedic implants market size hit USD 41.20 billion in 2021. The market value is slated to rise from USD 43.14 billion in 2022 to USD 60.90 in 2029, exhibiting a CAGR of 5.0% during the forecast period. Orthopedic implants are devices used to replace or support a damaged bone designed with metallic alloys, such as stainless steel and titanium, says Fortune Business InsightsTM in its report titled, “Orthopedic Implants Market, 2022-2029”.
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Key Industry Development
March 2022 – WalkAI has been launched by Zimmer Biomet. The Artificial Intelligence (AI) model predicts patients who will have a slower walking speed after hip replacements. The WalkAI is also integrated into the company’s ZBEdge Connected Intelligence Suite, providing it a competitive edge in the bone implants market.
Report Scope
| Report Coverage | Details |
| Forecast Period | 2022 to 2029 |
| Forecast Period 2019 to 2026 CAGR | 5.0% |
| 2029 Value Projection | USD 60.90 Billion |
| Base Year | 2021 |
| Market Size in 2019 | USD 1.53 Billion |
| Historical Data for | 2018 to 2020 |
| No. of Pages | 122 |
| Key Players | Zimmer Biomet (U.S.), Johnson & Johnson Medical Devices (U.S.), Smith+Nephew (U.K.), Stryker (U.S.), BioTek (U.S.), CONMED Corporation (U.S.), Medtronic (Ireland) |
| Growth… |
