The spinal implant and surgical devices market is predicted to experience a 4.44 percent compound annual growth rate through 2025, according to Crystal Market Research.
Here are four takeaways.
1. In 2016, the market was valued at $10.1 billion. By the end of 2025, it is expected to reach $15.7 billion.
2. The U.S. holds the largest market share, followed by France, Italy and Spain.
3. Leading market competitors include DePuy Synthes, Zimmer Biomet, Medtronic, Alphatec and Stryker.
4. The increasing geriatric population along with enhanced technology will push the market to grow through the forecast period.