Global lumbar spinal fusion market to see 4.9% CAGR through 2020

Written by Megan Wood | January 30, 2017 | Print  | Email

The global lumbar spine fusion market will likely continue to grow at a compound annual growth rate of 4.9 percent through 2020, according to a Market Reports World analysis.

Here are three quick observations:

 

1. A boost in spinal disorder cases as well as technology advancements will spur market growth.

 

2. Lumbar fusion risks and complications may hinder market growth.

 

3. Raynham, Mass.-based DePuy Synthes; Dublin, Ireland-based Medtronic; San Diego-based NuVasive; Kalamazoo, Mich.-based Stryker; and Warsaw, Ind.-based Zimmer Biomet represent key market players.

 

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