An increasing elderly population and rising number of cases of spinal disorders will drive the global spine surgery market's growth, according to a Technavio report. Key market players include Medtronic, DePuy Synthes, Stryker, NuVasive and Zimmer.
Here are four emerging trends that will impact the market.
1. Surface-modified titanium in spinal implants. Manufacturers are increasingly producing more spinal implants — cages, rods, screws, hooks, wires, plates, bolts — with titanium instead of stainless steel. The titanium creates strong, lightweight implants that allow better imaging.
2. Spinal non-fusion procedures. Non-fusion procedures are gaining popularity as they reduce pain and restore motion, while enduring heavy loads. Companies are developing more non-fusion devices, as well.
3. Physician-owned ASCs. More surgeons are performing minimally invasive surgery in the outpatient setting. Some are already offering lumbar fusion, TLIF and anterior cervical discectomy procedures in ASCs.
4. MI sacroiliac joint fusion technique. More surgeons are opting for this technique over the traditional open approach to treat sacroiliac joint dysfunction, as it offers a shorter operating time, less blood loss and a decreased period of immobilization.
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