By Staff | October 13, 2009

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Tags: Datamonitor | global market | orthopedics | statistics

1. The United States leads the global orthopedics market, accounting for 59.7 percent of revenue.

2. Europe accounts for 18.7 percent of the world orthopedics market; Asia Pacific: 10.3 percent and the rest of world accounts for 11.3 percent.

3. The U.S. orthopedics market grew by 8.3 percent in 2008, reaching a value of $11.4 billion.

4. Growth in the U.S. orthopedics market for the three preceding years was higher: 9.3 percent 2007, 9.8 percent in 2006 and 10.4 percent in 2005.

5. The compound annual growth rate of the U.S. orthopedics market from 2004-2008 was 9.5 percent.

6. Spine implants accounted for the largest segment of the U.S. orthopedics market — 39.1 percent of total revenue.

7. Knee implants made up 28.4 percent of the U.S. orthopedics market; hip: 20.3 percent; trauma: 10.6 percent; and shoulder: 1.5 percent.

Source: Datamonitor.