The minimally invasive spinal implant market has growth in its sights, with the market projected to hit $6.49 billion by 2027, according to analysis by Reports and Data.
What you should know:
1. A growing senior population and the increased prevalence of disease are both propelling the market forward.
2. Fusion devices contributed the most to the market in 2018.
3. The hospital segment used the most spinal implant devices in 2018, with their market leading share expected to grow 5.4 percent through the forecast period.
4. Analysts expect the Asia-Pacific region to experience the most growth through the forecast period.