Case report of Orthopedics
The global Orthopedics joint replacement market was valued at USD 20.00 billion in 2019 and is expected to grow to USD 26.89 billion by 2027, at a 7.6 percent CAGR during the forecast period.
As per the National Osteoporosis Foundation, in 2020, nearly 54 Mn people were affected by osteoporosis and low bone mass. This number included individuals of age 50 years and above. It was further estimated for this number to increase to 64.4 Mn by 2030.
Furthermore, the United Nations Department of Economic and Social Affairs has estimated an increase in the aged population of 60 years and above to be nearly 21% of the world population by 2050.