360Market Updates predicts the lumbar spine fusion market is will experience a 4.9 percent compounded annual growth rate between 2017 and 2021.
Here are four insights:
1. The rising popularity of physician owned ambulatory service centers is a key driver aiding growth in the lumber spine fusion market.
2. Complications and risks associated with lumbar fusions are cited as major challenges the market will face in the forecast period.
3. The increasing use of surface modified titanium in spinal implants is one of the upcoming trends growing the lumbar spine fusions market.
4. Key companies in the market include DePuy Synthes, Medtronic, NuVasive, Stryker and Zimmer Biomet.