Global Nonfusion Spine Market to Grow to $1B by 2017

The Millennium Research Group estimated the global spinal nonfusion market will reach more than $1 billion by 2017.

Advertisement

Spinal nonfusion technologies as still reimbursed much lower — if at all — than spinal fusion technologies. This leaves surgeons unwilling to adopt them until more long-term clinical results have been obtained.

However, LDR Spine, Globus Medical and Pioneer Surgical will launch new nonfusion spinal technologies by 2017.

The United States, one of the most lucrative nonfusion markets, will grow robustly, nearly 19 percent annually, through 2017.

More Articles on Devices:
Amedica Adds Four Executive Management Officers
Mazor Robotics to Market Spine System in Canada
Conventus Orthopaedics’ DRS Implant Receives FDA Clearance

At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.

Watch On-Demand Webinar

ASC development + private equity: How to build value from day one

Presenters: Andrew HrankaWendy Bruno Thomson, MBA, LHARichard Romero, CVA, ABV, FHFMA, PAHM

Advertisement

Next Up in Spinal Tech

Advertisement

Comments are closed.