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.
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