With more than 250,000 minimally invasive lumbar spine surgeries performed in the U.S. each year, the minimally invasive spine technologies market is predicted to see continuous growth through 2026.
Here are four points:
1. An increasing aging population and increased back pain are expected to grow the market through 2026. Additionally, growing interest in minimally invasive procedures will allow the market to boost.
2. In the coming years, market competitors will need to overcome the decrease in reimbursements for minimally invasive spine procedures.
3. North America continues to dominate the minimally invasive spine technologies market due to the accessibility of ambulatory surgical centers.
4. Key market players include NuVasive, Medtronic, DePuy Synthes, Globus Medical and Stryker.