Global spine biologics market to hit $2.7B by 2023: 3 observations

The global spine biologics market will likely grow at a compound annual growth rate of 4.5 percent between 2018 and 2023, based on a Market.biz report, according to Business News.

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Here are three observations.

1. In 2017, the market was worth $2.1 billion.

2. The spinal biologics market is anticipated to hit $2.74 billion by 2023.

3. Key market players include NuVasive, X-Spine Systems, Medtronic, Exactech, Arthrex, Zimmer Biomet, Stryker, Orthofix, Wright Medical Technology, DR PRP USA, Nutech, K2M and DePuy Synthes.

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