The prevalence of severe lumbar and cervical disorders is driving the global spinal fusion market.
Here are four observations:
1. A boost in spinal diseases cases, growth in spinal fusion adoption and more technological surgical advancements will expand the market through 2021.
2. Sedentary lifestyles, minimally invasive spine surgeries as well as mergers and acquisitions represent key market trends.
3. Legal regulations, procedure costliness and access to alternative treatments will hinder market growth.
4. Dominant market players include Johnson & Johnson, Medtronic, Stryker and NuVasive.