Here are six points:
1. The global spinal implants and devices market is set to grow at a CAGR of 8.2 percent in the Asia-Pacific region.
2. A growing population of patients, an increasing number of obesity cases, rising government funding and increasing income levels will drive the market’s growth in the Asia-pacific region.
3. North America holds 64.9 percent of the market share, followed by Europe.
4. Emerging Asian and Latin American countries and an increasing number of hospitals offer new growth opportunities for the market.
5. The product approval process, costly procedures and reimbursement issues will act as barriers to the market’s growth.
6. Medtronic and DePuy Synthes accounted for 47.4 percent of the market share in 2014.
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