The global spinal fusion market is predicted to grow at a 4.82 percent compound annual growth rate through 2021, according to a Market Insights Reports study.
Here are five details:
1. The market's continuous growth is attributed to the rising incidence of spinal disorders globally, which has led to an increasing number of spinal fusion procedures.
2. North America holds the majority of the market share and will continue to dominate the market through the forecasted period.
4. The Asia-Pacific region is predicted to experience a 6.31 percent CAGR while North America and Europe are anticipated to see 4.01 percent and 7.10 percent CAGRs, respectively.
5. Market players include Medtronic, Stryker, Zimmer Biomet, Orthofix, NuVasive and Globus Medical.