Global lumbar spine fusion market to grow at CAGR of 4.9% to 2020: 4 highlights

The global lumbar spine fusion market is expected to grow at a compound annual growth rate of 4.9 percent between 2016 and 2020, according to a Market Reports World analysis.

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Here are four highlights:

 

1. A rise in spinal disorder cases will spur market growth.

 

2. Lumbar fusion complications and risks may hinder the market.

 

3. West Chester, Pa.-based DePuy Synthes; Dublin, Ireland-based Medtronic; San Digeo-based NuVasive; Kalamazoo, Mich.-based Stryker; and Warsaw, Ind.-based Zimmer Biomet lead the space.

 

4. Patients undergo lumbar spine fusion to subdue pain often associated with degenerative disc disease, spondylosyndesis or spondylodesis.

 

More articles on devices:
Zimmer Biomet, Medtronic, Xtant Medical & more: 9 key notes
B. Braun, Trendlines partner on ApiFix investment — 4 takeaways
7 new spine, orthopedic device launches & releases — Nov. 23, 2016

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