Several factors will drive the interspinous spacer market in the future.
Here are four key notes on the market report, based on data from Transparency Market Research:
1. Factors driving the market include:
• Increase in spinal stenosis due to age, arthritis and hereditary
• Demand for surgical procedures to maintain active lifestyles
• Low complication rate compared to decompression and fusion
2. The interspinous spacers are used in the Medicare population as these patients sometimes uncomfortable with surgery due to other health conditions.
3. The increasing elderly population drives the North American market while an enhanced quality of life and awareness of new products and procedures will drive growth in developing countries.
4. The key players in the market, based on the Transparency Markets Research data, are:
• VertiFlex
• Paradigm Spine
• IMECO
• Medyssey
• Zimmer Biomet
• DePuy Synthes Spine
• Life Spine
• NuVasive
• Abbott Spine