Here are six things to know:
1. The forecast period is 2014 to 2019.
2. The market’s rise is at a 7.3 percent compound annual growth rate.
3. Increasing disc compressions and other spinal deformities among Europe’s aging population are a main catalyst for the market’s growth.
4. In addition, the study notes the popularity of non-fusion devices such as artificial spinal discs and nucleuses as another cause for the rise.
5. Stryker Corp. (Kalamazoo, Mich.), DePuy Synthes (West Chester, Pa.), Zimmer Biomet (Warsaw, Ind.), Smith & Nephew (London) Tornier (Montbonnot-Saint-Martin, France) are all expected to be the main players in the growing market.
6. The report predicts that technological advances will allow new products, mergers, acquisitions and approvals to take shape and further advance the spine surgery devices market in Europe.
More articles on spine devices:
J&J, DePuy Synthes, Stryker & more: 15 device company key notes
Ortho Sales hires Tony Passalacqua as VP of sales operations and supply chain: 5 things to know
Global implantable medical devices market to be worth nearly $54.3B by 2025: 4 market observations
At the Becker's 23rd Annual Spine, Orthopedic and Pain Management-Driven ASC + The Future of Spine Conference, taking place June 11-13 in Chicago, spine surgeons, orthopedic leaders and ASC executives will come together to explore minimally invasive techniques, ASC growth strategies and innovations shaping the future of outpatient spine care. Apply for complimentary registration now.
