Global Spine Surgery Market to Reach $9.3B by 2017

Written by Laura Dyrda | November 18, 2011 | Print  |
The global spine surgery market is expected to reach $9.3 billion by 2017, driven by an increase in patients with chronic back pain and awareness of surgical treatment, according to a report from Global Industry Analysts. The United States is the single largest regional market, and will remain that way over the next five years, according to the report. The number of procedures is expected to grow significantly due to technological innovation and minimally invasive technique. The spinal fusion market is expected to grow 8.2 percent annually, although it has been losing market share to motion preserving technologies.

The major players in the spine surgery marketplace include Alphatec Spine, ArthroCare, Biomet, DePuy Spine, Exactech, Medtronic, NuVasive, Orthofix, Orthovita Smith & Nephew, SpineVision, Stryker, Synthes and Zimmer Spine.

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