Four things to know:
1. The market is expected to increase at a compound annual growth rate of 10.6 percent during 2019-2027.
2. Promising reimbursement policies, increased acceptance of spine surgery, technological developments and a rising elderly population will contribute to market growth.
3. The market was valued at about $611.5 million in 2018, when the total disc replacement devices segment was the dominant market segment.
4. Major players in the motion preservation device space include Stryker, Medtronic, Depuy Synthes, Zimmer Biomet, Globus Medical and NuVasive.
More articles on devices:
Dr. Daniel Lieberman: How hospitals will react to outpatient migration & what’s next for spine at ASCs
Illinois Bone & Joint Institute CEO on M&As in 2020 and future strategy
Nick Saban lauds orthopedic surgeon named as SEC Team Physician of the Year
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.
