The global spinal implants market will grow at a compound annual growth rate of 6.6 percent through 2022, according to a Market Research Future report.
Here are four observations:
1. The increasing popularity of minimally invasive spine surgery is expanding the global market.
2. Dominant market players include Alphatec Spine, Amedica, DePuy Synthes, Exactech, Globus Medical, Integra LifeSciences, K2M, Medtronic, NuVasive, Orthofix, Inc., RTI Surgical, Stryker, Quandary Medical and Zimmer Biomet.
3. America is the dominant market for spinal implants.
4. Europe comes in behind North America as the second largest market, with the Asia-Pacific region set to grow at the fastest pace.