Global spinal fusion market to hit $8B by 2022 — 5 points

Megan Wood -   Print  |

The global spinal fusion market will grow at a compound annual growth rate of 3.92 percent through 2022, based on a WiseGuyReports analysis, according to Medgadget.

Here are five points.

1. By 2022, the market will likely hit $8.04 billion, up from $6.64 billion in 2017.

2. The increasing prevalence of spinal disorder cases is driving market growth.

3. Advancing technology will increase vendor presence in the market over the next five years.

4. Poor reimbursement and strict regulations will hinder market growth, however.

5. DePuy Synthes, Alphatec Spine, Globus Medical, Orthofix, Medtronic, Zimmer Biomet and NuVasive lead the market.

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