Outpatient spine driving spinal implants market growth; CAGR of 5.91% to 2020 — 5 observations

Spinal Tech

The global spinal implants market is expected to grow at a compound annual growth rate of 5.91 percent between 2016 and 2020, according to a Market Research report.

Here are five observations:

 

1. The shift to outpatient spine surgery serves as the ultimate boost for the spinal implants market.

 

2. The increasing number of non-fusion spinal procedures will also spur market growth.

 

3. With the growing popularity of non-fusion procedures, many companies have started developing devices for artificial disc replacement, dynamic stabilization and interspinous process decompression.

 

4. Spinal implant-associated complications could hinder market growth.

 

5. DePuy Synthes, Medtronic, NuVasive, Stryker and Zimmer Biomet lead the market.

 

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