In the United States, the lumbar interbody fusion market is expected to grow at a compound annual growth rate of 7.05 percent from 2016 to 2020.
Here are three notes:
1. Regulatory changes in device classification are projected to spur the market's growth.
2. The increasing prevalence of degenerative diseases will fuel the demand for spinal surgeries, also driving the market's growth.
3. Key players in the market include DePuy Synthes, Medtronic, NuVasive and Stryker.
More articles on spine:
What drives lumbar spine MRI overuse? 5 key notes
Wake Forest Baptist Medical Center unveils $16.5M neuro ICU: 3 notes
4 key thoughts on NIH training the next 'well-rounded' physician scientists