US spine implants market to grow at CAGR of 5.29% through 2020: 4 observations

The U.S. spine implants market is expected to grow at a compound annual growth rate of 5.29 percent between 2016 and 2020, according to a Research and Markets report.

Advertisement

Here are four observations:

 

1. Robotic technology is gaining traction in the industry, with a market penetration of about 35 percent in the United States.

 

2. Because of lifestyle changes an older population and more obesity cases, more people are suffering from spinal stenosis. This increased number of cases will boost market growth.

 

3. Additionally, the shift from invasive to minimally invasive procedures will also spur market growth.

 

4. Medtronic, DePuy Synthes, Stryker and NuVasive lead the market.

 

More articles on devices:
Surgeon-driven innovation in spine surgery: TranS1 CEO on 2 new innovations & what the future holds
CareCloud to integrate population health management tools into Lightbeam’s clinical platform: 3 notes
Surgeons complete 1.5k surgeries using Zimmer Biomet’s Vitality System — 5 highlights

Advertisement

Next Up in Spinal Tech

Advertisement

Comments are closed.