North America dominates spine implants market: 6 insights

Spinal Tech

The global spine devices market is anticipated to grow to 2022, according to newsmaker.

Here are six insights:

 

1. North America holds the largest spine implants market share.

 

2. An increasing aging population, rising number of minimally invasive surgeries and increasing number of U.S. government policies will continue to spur American market growth.

 

3. Asia Pacific will experience significant market growth.

 

4. Japan and China, especially, will experience an increasing demand for spine implants.

 

5. Spine procedures' costliness and poor reimbursements will hinder market growth.

 

6. Key market players include DePuy Synthes, Medtronic, B Braun, Alphatec Spine, Exactech, K2M, LDR, NuVasive, Stryker, Orthofix International and Zimmer-Biomet.

 

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