Top Orthopedic Firms and Trends From 2014 to 2020 (QMED byKristopher Sturgis)
The orthopedic industry will likely see some significant changes over the next few years. Here are some of the key trends facing the industry, and a brief overview of which companies are leading now, and which are projected to lead in 2020.
With worldwide medtech sales expected to reach $477.5 billion by 2020, the orthopedic device market looks to remain a major player. The industry is slated to rank 3rd in sales behind only cardiology and in vitro diagnostics, according to the analyst firm EvaluateMedTech.
The giants of the industry look to remain largely unchanged as well, as Johnson & Johnson is expected to remain the world’s leading orthopedic company. However, the merger of of Zimmer and Biomet in June of this year could shuffle the landscape by 2020, as the industry continues to adapt to emerging companies and technologies.
From company mergers and new growing markets, to regulatory uncertainty and other industry challenges—we’ve decided to take a look into some of the top orthopedic firms, as well as some of the industry trends as forecasted by EvaluateMedTech.
1. The Sign...
