Rising Prevalence of Orthopedic Disorders among Aging Population is Driving the Demand for Advanced Bone Screw Systems | Future Market Insights, Inc. [Yahoo! Finance]
Johnson & Johnson (JNJ)
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Source: Yahoo! Finance
US$ 3,001.80 million by 2034, this market surge is fueled by several factors. These include the expanding aging population, continual advancements in orthopedic technologies, a rising prevalence of orthopedic conditions, increased occurrences of sports injuries, and a growing demand for minimally invasive procedures. NEWARK, Del, April 22, 2024 (GLOBE NEWSWIRE) -- The global bone screw system market is expected to be valued at US$ 1,540.30 million in 2024. The market's growth is projected to revitalize moderately from 2024 to 2034, with a CAGR of 6.90%, compared to 6.70% in 2023. By 2034, the market value is forecasted to hit US$ 3,001.80 million. The growing prevalence of orthopedic conditions such as osteoarthritis, rheumatoid arthritis, and osteoporosis is fueling market growth. These conditions affect the bones and joints, leading to pain, stiffness, and reduced mobility. As a result, there is a growing demand for orthopedic procedures that require the use of bone screw system
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- 4/16/24 - Beat
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- 4/29/24 - Form 4
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