North America leads global non-fusion spinal devices market: 4 key notes

Written by Megan Wood | December 16, 2016 | Print  |

The global non-fusion spinal devices market is expected to grow between 2015 and 2025.

Here are four key notes:

 

1. An aging population, increasing number of obesity cases and rising demand for minimally invasive procedures will spur market growth.

 

2. North America accounts for the largest market share, due to about 50 percent of the U.S. population over 40 years of age experiencing degenerative disc disease.

 

3. The Asia-Pacific region will experience the most rapid growth due the large population.

 

4. Dominant market players include Dublin, Ireland-based Medtronic, Kalamazoo, Mich.-based Stryker Corp., Warsaw, Ind.-based Zimmer Biomet and West Chester, Pa.-based DePuy Synthes.

 

More articles on devices:
SeaSpine, Orthofix, Amendia & more: 7 key notes
43 orthopedic, spine devices receive FDA 510(k) clearance in November 2016
Offering small orthopedic companies a competitive edge — Ortho Sales Partners' purpose

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