The spinal implant market in the U.S. is now worth more than $5.5 billion, $1.5 billion of which is made up of minimally invasive spine implants, according to reports from iData Research. Medtronic is the current market leader in both MIS and total spine implants with its devices for thoracolumbar and cervical fixation; interbody fusion; and minimally invasive interbody fusion and pedicle screws.
The research shows MIS' market share has grown at a high rate, and the spine implant market is expected to maintain double digit growth rates. The fastest growing population segment for such devices is with people 65 and older.
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The research shows MIS' market share has grown at a high rate, and the spine implant market is expected to maintain double digit growth rates. The fastest growing population segment for such devices is with people 65 and older.
More Articles on Devices:
Spinal Elements Upgrades to 40,000-Square-Foot Headquarters
Johnson & Johnson to Cease Producing Metal-on-Metal Hip Implants
EOS imaging Expands Asian Presence to 6 Countries, Hire Distribution Manager