Asia Pacific spine surgery devices market to reach $2.2B by 2019 — 4 notes

The Asia Pacific spine surgery devices market is anticipated to hit $2.22 billion by 2019, based on a MicroMarket Monitor report, according to WhaTech.

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Here are four notes:

 

1. The industry will grow at a compound annual growth rate of 10.5 percent between 2014 and 2019.

 

2. In 2013, the spinal fusion and fixation device segment accounted for the largest market share.

 

3. An increasing number of road accidents and a rising geriatric population will spur market growth.

 

4. About 40 percent of the Asia Pacific region’s road accidents occur in China.

 

More articles on devices:
Zimmer Biomet-LDR acquisition raises concerns for Texas-based employees: 5 key notes
Dr. Frank Phillips adopts FLXfit device for TLIF surgeries: 5 things to know
Titan Spine upgrades spinal device warranty — 5 things to know

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