Spinal fusion dominates global spinal implants market with 83% market share — 5 takeaways

Megan Wood -   Print  |

The global spinal implants market captured 24.3 percent of the orthopedic market in 2014, according to Data Bridge Market Research.

Here are five takeaways:

 

1. The non-fusion segment follows spinal fusion with a market share of 17.4 percent in 2014.

 

2. Thoraco-lumbar fusion will grow at a CAGR of 6.5 percent to 2020, while dynamic stabilization devices in the non-fusion segment will experience a CAGR of 12.9 percent.

 

3. The European spinal implants devices market is expected to reach $2.3 billion by 2020.

 

4. In the European market, Germany dominates, with France, the United Kingdom, Italy and Spain following, respectively.

 

5. Zimmer, DePuy Synthes, Stryker, Medtronic, Alphatec Spine, NuVasive, Integra LifeSciences, Orthofix, Globus Medical, LDR, K2M and B. Braun Melsungen lead the market.

 

More articles on devices:
SeaSpine Q3 revenue drops 3%, net loss hits $133M: 5 key notes
Amedica revenue drops 19% in Q3: 5 things to know
VertiFlex, Xtant Medical, Orthofix & more — 23 key notes

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