Research and Markets’ report on the global knee and hip replacements market sees growth at 5.15% CAGR by 2021.
According to the report, this growth will be driven by rising clinical education among the patients, rising demand from the aged population, increasing prevalence of obesity and diabetes and technological innovation.
In addition, per a media release from Research and Market, the rising disposable incomes will result in increasing per capita healthcare expenditures, which will further lead to a growing focus toward healthcare—hence, building the need for knee and hip replacement surgeries specifically among the adult population.
For more information, visit Research and Markets.
[Source(s): Research and Markets, Business Wire]