Here are five observations:
1. The market will grow at a compound annual growth rate of 23.1 percent through 2021.
2. In 2015, North America accounted for more than 45 percent of the global market share, and will remain dominant throughout the forecast period.
3. The Asian market will grow at a 23.8 percent CAGR and the Latin American market will increase at an 18.5 percent CAGR.
4. Key market players include Medtronic, Depuy Synthes, Globus Medical, NuVasive and Zimmer Biomet.
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