Knee Implant market will reach $11B by 2017 – The Baby Boomers are coming

By

 
Stop the Presses! Knee Replacements to Reach $11 Billion (written by Biloine Young @ OTW)
Or, put another way, someone will have to come up with approximately $11 billion to pay for all the new baby boomer knee replacements by 2017. At least that’s the opinion/estimate of the Business Wire, a Berkshire Hathaway (Warren Buffet) company. Says Business Wire, demand for knee replacements will likely expand at a compound annual growth rate of 6.8% between 2010 and 2017. Driving that growth is an aging population, rising obesity and the high incidence rates of osteoarthritis.
The most common...

Get access to full posts newsletters, trends, and market reports for only subscribe for $1/day.
Hit the SUBSCRIBE button at the top of the homepage.