The sacroiliac joint fusion market is expected to grow rapidly in the next seven years, according to market analysts at Calibre Research.
Four things to know:
1. The compound annual growth rate for SI joint fusion is expected to be 18.4 percent by 2029, Calibre Research said in a Feb. 7 news release.
2. The estimated market size in 2021 was $194.7 million.
3. Crucial industry players include Globus Medical, SI-Bone, Medtronic, Orthofix and Camber Spine Technologies.
4. Minimally invasive SI joint fusion was projected to see the fastest growth rate. The advantages of minimally invasive surgery include smaller cuts, decreased pain and quicker recovery times.