ACL Reconstruction Procedures Market Poised for Rapid Growth, Innovative Product Developments to Escalate Demand [Yahoo! Finance]
CONMED Corporation (CNMD)
Last conmed corporation earnings: 4/29 04:05 pm
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Source: Yahoo! Finance
Global industry analysis reveals an upward trajectory for the ACL Reconstruction Procedures Market, a sector experiencing robust expansion. Recent data underscores the market's vigorous growth, with a leap from $6.89 billion in 2023 to a projected $7.4 billion in 2024, marking a significant compound annual growth rate (CAGR) of 7.5%. The historical growth is linked to the swelling of industries that utilize ACL reconstruction procedures and the surging number of related surgeries. Looking ahead, the market is forecasted to reach new heights, estimated at $9.58 billion by the year 2028, advancing at a CAGR of 6.7%. Key factors propelling this growth include infrastructure modernization, the embrace of sustainable practices, and the increased preference for compact ACL reconstruction equipment. Emerging trends in the market signal the adoption of eco-friendly and technologically advanced products, illustrating a shift toward efficiency and innovation. Key Drivers of Market Growth
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CNMD
News
- CONMED Corporation to Present at the BofA Securities Healthcare ConferenceBusiness Wire
- CONMED Corporation (NYSE:CNMD) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- CONMED (CNMD) Q1 Earnings & Revenues Surpass Estimates [Yahoo! Finance]Yahoo! Finance
- CONMED Co. (NYSE: CNMD) had its price target lowered by analysts at JPMorgan Chase & Co. from $115.00 to $75.00. They now have an "overweight" rating on the stock.MarketBeat
- CONMED Co. (NYSE: CNMD) had its price target lowered by analysts at Wells Fargo & Company from $98.00 to $77.00. They now have an "equal weight" rating on the stock.MarketBeat
CNMD
Earnings
- 4/24/24 - Miss
CNMD
Sec Filings
- 5/2/24 - Form 4
- 4/26/24 - Form 4
- 4/25/24 - Form 10-Q
- CNMD's page on the SEC website