MIS market to surpass $9.8B by 2020 — 4 observations

The global minimally invasive surgery market will likely grow at a compound annual rate of 6.4 percent between 2016 and 2020, according to an iHealthcareAnalyst report.

Advertisement

Here are four observations:

 

1. The market is anticipated to hit $9.8 billion by 2020.

 

2. Abbott Laboratories, ArthroCare, Zimmer Biomet, DePuy Synthes, GE Healthcare, Given Imaging, Intuitive Surgical, Medtronic, NuVasive, Philips Healthcare, Siemens Healthcare, Stryker, Surgical Innovations Group, Teleflex and Varian Medical Systems lead the space.

 

3. Technological advancements have spurred the MIS market growth.

 

4. Minimally invasive procedures are intended to cut recovery times and result in less patient discomfort.

 

More articles on spine:
The past, present and future of artificial back replacement with Dr. Scott Blumenthal
5 key points on cervical spine arthrodesis revision surgery
Which moment changed you career? 7 spine surgeons share their experiences

At the Becker's 23rd Annual Spine, Orthopedic and Pain Management-Driven ASC + The Future of Spine Conference, taking place June 11-13 in Chicago, spine surgeons, orthopedic leaders and ASC executives will come together to explore minimally invasive techniques, ASC growth strategies and innovations shaping the future of outpatient spine care. Apply for complimentary registration now.

Advertisement

Next Up in Spine

Advertisement

Comments are closed.