Analysis predicts 4.9% growth for lumbar spine fusion market

Editor's Note

An analysis by Absolute Reports predicts the global lumbar spine fusion market will see a 4.9% compound annual growth rate through the next 4 years, according to the April 26 Becker’s Spine Review.

Driving market growth is:

• a growing demand for minimally invasive spine surgeries
• an increasing incidence of spinal disorders
• the increasing popularity of physician-owned ambulatory surgery centers.

Among the key market players are: DePuy Synthes, Medtronic, Stryker, Zimmer Biomet, and NuVasive.

The global lumbar spine fusion market is set to grow at a compound annual growth rate of 4.9 percent through the next four years, based on an Absolute Reports analysis, according to Green Mountain Outlook. Here are five observations: 1.