A new report estimates the orthopedic device market will reach $57.9 billion by 2016, according to Markets and Markets.
The fastest growing market, spinal devices, is expected to reach a value of $13.5 billion by 2016 with a CAGR of 9.3 percent. The joint reconstruction market, boosted by aging baby boomers, is expected to reach $19.2 billion by 2016 with a CAGR of 5.8 percent.



