Important Trends in Six Key Orthopedic Segments

The expansiveness of the orthopedic industry means there is no shortage of trends to analyze.

• Joint replacement volumes rebounded sharply in 2023 after almost three years of lagging recovery compared to other orthopedic segments.
• The spine market surpassed $10.4 billion in sales in 2023, accounting for 18% of the $59 billion global orthopedic market.
• Trauma also bounced back after a softer 2022 and the impact of volume-based procurement (VBP) in China.
• Sports medicine will go through the VBP tender process in China during 2024, and the early impacts from that change hit some companies in late 2023.
• Orthobiologics faced reimbursement changes in viscosupplements and availability constraints on allografts stemming from an industry-wide reagent supply disruption.
• Enabling technology sales are expected to grow by 7.5% and eclipse $1.4 billion in 2024.

To access additional information about each segment and comprehensive orthopedic market intelligence, check out  THE ORTHOPAEDIC INDUSTRY ANNUAL REPORT® from ORTHOWORLD.

Infographic is proudly sponsored by Intech.

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