Osteosynthesis Devices Market is Expected to Reach a Value of USD 9.9 billion by 2024 : Radiant Insights , Inc
“ The geriatric population accounted for 46.2 million in 2014 , and is increasingly rising . It is projected that by the year 2060 , the number of older population will be twice than that of 2014 .”
The osteosynthesis devices market size is expected to reach a value of USD 9.9 billion by 2024 , according to a new report by Grand View Research , Inc . The worldwide prevalence of conditions like osteoporosis and osteomalacia , coupled with heavily occurring road traffic injuries / accidents and sporting injuries support the demand for osteosynthesis devices worldwide .
Osteoporosis , a disease resulting in weakening of bones is responsible for causing more than 8.9 million fractures annually . Forearm , humerus , hip and spine are the most commonly affected areas in patients suffering from the disease . The incidence and economic burden of osteoporosis is increasing worldwide , and patients 65 years old or over are at maximum risk of getting affected .
The geriatric population accounted for 46.2 million in 2014 , and is increasingly rising . It is projected that by the year 2060 , the number of older population will be twice than that of 2014 . The rising incidence of osteoporosis and increasing count of the geriatric population is expected to drive demand for osteosynthesis devices in the coming years .
Access This Full Report @ http :// www . radiantinsights . com / research / osteosynthesisdevices-market
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