Report ID: SQSG35A2024
Report ID:
SQSG35A2024 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|
Tables:
62 |
Figures:
75
With a maximum revenue of USD 127.7 Mn in 2021, North America led the market and will continue to do so throughout the projected period. The rise is related to improved Medicare reimbursement regulations and the strategic presence of important orthopaedic device businesses in the U.S. The International Trade Administration, using data from the Census Bureau, estimates that there are between 5,300 and 5,600 U.S. enterprises in the medical devices industry, with between 330,000 and 365,000 people employed there.
The market in Europe is expanding due to a number of factors, including the region's robust healthcare infrastructure, well-established hospital reimbursement programmes, and the quicker acceptance of novel orthopaedic device technology.
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Report ID: SQSG35A2024