Non-fusion spinal surgery is expected to grow globally until 2019, prompting the rapid increase in demand for spinal non-fusion devices, according to a Medical Market Research report.
Here are five things to know about the global spinal non-fusion devices market:
1. Increasing geriatric population, technological advancements, increasing incidences of obesity, a competitive marketplace and rising demand for minimally invasive surgery procedures drives the demand for this market.
2. However, unstable reimbursement policies curb the growth of the market.
3. North America contributes the largest market share as the degenerative disc disease affects almost 50 percent of the U.S. population above the age of 40 years.
4. Europe has the second largest market share, but the Asia-Pacific region represents the fastest growth in the market.
5. Some of the key players of this market are Medtronic, Stryker NuVasive, Globus Medical and Zimmer.