Global spine surgery product market to grow at 5.8% CAGR through 2025 — 4 observations

Written by Megan Wood | January 30, 2018 | Print  | Email

The global spine surgery products market will likely hit $16.7 billion by 2025, according to a ResearchMoz report.

Here are four observations:

 

1. The report estimates the market will grow at a compound annual growth rate of 5.8 percent through 2025.

 

2. An increase in spine surgery patients due to a growing number of spine disorder cases among the geriatric population is expanding the market.

 

3. Additionally, growing investment in spine surgery product innovation is boosting market growth.

 

4. Dominant market players include Stryker, Medtronic, Zimmer Biomet, Globus Medical, K2M, NuVasive, Aesculap Implant Systems, RTI Surgical, Alphatec, Orthofix and DePuy Synthes.

 

More articles on devices:
Zimmer Biomet generates $7.8B in 2017 sales, spine segment sees 14% growth
Smith & Nephew opens specialized operations center in Costa Rica: 4 highlights
Dr. Michael Ries publishes book on inventing new hip, knee replacement devices — 5 highlights

 

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