Global spinal devices market forecasted to surpass $15B by 2026: 3 key notes

The global spinal devices market is projected to reach $15.74 billion by 2026, according to a report from Fortune Business Insights.

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Three key points:

1. The market is expected to grow at a compound annual growth rate of 3.9 percent from 2019 to 2026.

2. The spinal devices market size was valued at $11.59 billion in 2018.

3. In 2016, 8 percent of U.S. adults had high-impact chronic pain and over 20.4 percent experienced chronic pain, propelling demand for orthopedic spine devices in North America.

More articles on devices:
NuVasive receives FDA clearance to expand interlock device’s applications for cervical spine
Dr. William Carson temporarily takes chief of staff role at West Virginia hospital amid physician sexual assault allegations
Missouri hospital 1st in state to offer new imaging technology for spine surgery

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