The spinal fusion devices market is expected to reach $8.45 billion by 2026, according to a market report by Fortune Business Insights.
Here are four takeaways:
1. The market's forecasted compound annual growth rate for the period is 3.6 percent.
2. The rising geriatric population is anticipated to be contribute to the market growth.
3. The growing demand for minimally invasive procedures, robotics devices and increased investment in spine from major players is also expected to drive growth.
4. Major spine companies covered in the report include DePuy Synthes, Medtronic, Zimmer Biomet, Stryker, NuVasive, RTI Surgical and Alphatec.
Read the report here.