With hip and knee joint markets still registering slow to modest growth, multinational orthopedic companies are compelled to go to where the growth is. Over the past three years, orthopedic companies looking to add bulk to their bottom line through mergers and acquisitions have pursued two distinct directions – the extremities and emerging markets.
In the past month this path was taken once again by Zimmer Biomet Holdings Inc., which acquired Tuttlingen, Germany’s...