1. The United States is the largest geographic market for spinal fusions.
2. There has been clinical success for appropriately-indicated patients in several procedures, which makes spinal fusion among the most frequently performed spine surgeries in the United States.
3. New innovations are expected in the minimally invasive spine surgery field, which will have a positive impact on the market.
4. New surgical tools are also expected to make complicated spine surgeries easier than before.
5. Long-term growth is expected in the spine market driven by factors like increasing demand for motion preservation techniques, increase implant use and the growing presence of new companies in the market each year.
6. Smaller companies are expected to enter the market with innovative products to address various areas in spine.
7. Leading players in the market include Medtronic, Johnson & Johnson and Stryker.
8. NuVasive and Globus Medical continue to have a strong performance.
9. Top companies continue to hold dominant positions, but new innovations and choices for treatment could change the competitive dynamics in the industry.
10. The spine device market remains strong despite challenging conditions over the past few years.
More articles on orthopedic devices:
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