The Asia-Pacific spine surgery devices market is expected to grow through 2022, according to a Market Research Store report.
Here are four key takeaways:
1. The leading companies operating in the market include Zimmer Biomet, Alphatec, Stryker, DePuy Synthes, Medtronic, Integra Lifescineces, NuVasive, Amedica and Globus Medical.
2. Increasing demand for minimally invasive surgical procedures and spine surgery technology advancements are spurring market growth.
3. Additionally, more hospitals and surgery centers adopting spine surgery devices and more manufacturing company investments are also fueling growth.
4. Comparatively, spine surgery's high costs and the uncertainty surrounding reimbursement pose as barriers to market growth.
More articles on devices:
Stryker, Zimmer Biomet & more — 5 recent orthopedic, spine device company mergers & acquisitions
Nevro's Senza SCS trial yields positive 2-year results: 6 observations
Dr. Michael Vitale to use NuVasive's MAGEC system during live surgery event: 6 highlights