Research and Markets released new reports on the cervical artificial disc replacement market and the lateral lumbar interbody fusion markets.
Here are three things to know about the artificial disc replacement market:
1. The market is expected to grow at a compound annual growth rate at 22.5 percent through 2020.
2. The surface-modified titanium in cervical spine implants is increasing, as companies use titanium as an alternative over stainless steal devices.
3. There has been a rise in the cervical herniated discs in the geriatric population due to more people leading a sedentary lifestyle, among weightlifters and gymnasts.
Here are three things to know about the lateral lumbar interbody fusion market:
1. The lateral lumbar interbody fusion market in the United States is expected to grow at the compound annual growth rate of 7.05 percent through 2020.
2. There are regulatory changes in the device classification that will boost market growth, and this will likely make the approval process for similar devices simpler in the future.
3. There are increased incidence of degenerative disc disease, including spondylolisthesis, degenerative scoliosis and spinal stenosis that will create more demand for spine surgeries in the future.
More articles for spine surgery:
10 spine, neurosurgeons on the move in January 2016
Centers for Special Surgery offering spine surgery at its ASC—5 things to know
12 hospitals expanding spine programs