The spinal fusion market continues to experience growth. Here are five things to know about the market, according to a Future Market Insights report.
1. In China, the spinal fusion market is predicted to register double-digit growth in the coming years. This is attributed to minimally invasive techniques and reduced costs.
2. The market is also being driven by new product development and greater demand for technological advancements. Manufacturing companies continue to invest in research and development.
3. Market players, however, need to overcome heavy government regulations, high surgery costs and the risk factors of surgery.
4. Bone graft substitutes and spinal implants are expected to see significant growth in the coming years.
5. Key market players in China's market include Trauson, DePuy Synthes, Zimmer Biomet, Medtronic, NuVasive, Stryker and Orthofix International.