Here are five points:
1. The adaptation of robotic technology to spinal surgery and an aging population will contribute to the market’s growth.
2. Hospital cost reductions due to decreased lengths of stay will also bolster the market’s growth.
3. Currently, the worldwide market for spinal surgical robots is valued at $26 million.
4. Market leaders include Medtronic, Mazor Robotics, Apollo Spine, K2M, Globus Medical, Centinel Spine and Stryker, among several others.
5. In the United States, surgeons perform nearly 1.3 million spinal operations each year.
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