Spinal fusion devices market to hit $8.9B by 2027: 4 insights

By 2027, the worldwide spinal fusion devices market is projected to reach $8.9 billion, according to Emergen Research.

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Four insights:

1. Market growth is expected to be driven by advancements in surgical technology that improves the efficiency of spinal fusion, leading to increased adoption.

2. Minimally invasive options such as robotic spine surgery, which lead to less pain, quicker recoveries and shorter hospital stays, are a significant contributor to market growth, according to the report.

3. Risks and high costs of spinal fusions are anticipated to stifle demand for devices.

4. Strict government regulations on device approval could also hamper market growth.

More articles on devices:
Will disc replacement supersede spinal fusion? 7 spine surgeons weigh in
FDA clears two surgical robots focused on imaging, spine
These CMS changes would significantly improve spine care: 6 surgeons weigh in

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