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Spine surgery segment leads global spinal intervention products market: 5 key points Featured

Written by  Megan Wood | Wednesday, 04 January 2017 21:54
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The global spinal and neurostimulation intervention products market will likely hit $15.8 billion by 2021, according to Reportbuyer.

Here are five key points:

 

1. The market was valued at $12.6 billion in 2016.

 

2. The global spinal and neurostimulation intervention products market will continue to grow at a compound annual growth rate of 4.5 percent through 2021.

 

3. The market's largest segment is spine surgery, which is expected to increase from $9 billion in 2016 to $10.8 billion in 2021.

 

4. The market's spine surgery segment will continue to grow at a CAGR of 3.5 percent.

 

5. The neurostimulation devices segment will likely reach $5 billion in 2021, growing at a CAGR of 6.9 percent throughout the forecast period.

 

More articles on devices:
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NuVasive receives approval to continue XLIF procedures in Japan— 6 things to know

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