Global minimally invasive spine surgery market to grow at nearly 7.6% CAGR through 2020 — 4 observations

MIS

The global minimally invasive spine surgery is on track to continue expanding, based on a ResearchMoz report, according to medGadget.

Here are five observations:

 

1. The market is set to grow at a compound annual growth rate of 7.57 percent through 2020.

 

2. A boost in spinal disorder cases will spur market growth, along with an increase in industry adoption of the MI sacroiliac joint fusion technique.

 

3. A dearth of trained MIS spine surgeons will serve as a detriment to market growth.

 

4. Key market vendors include Raynham, Mass.-based DePuy Synthes; Dublin, Ireland-based Medtronic; San Diego-based NuVasive; Kalamazoo, Mich.-based Stryker Corp.; and Warsaw, Ind.-based Zimmer Biomet.

 

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