Spine device market to reach $6.4B by 2024

Editor's Note

A report by Q2 Metrics predicts the US market for spinal implants will reach $6.4 billion by 2024, up from $5 billion this year.

The largest product segments include posterior thoracolumbar pedicle screw fixation and traditional anterior cervical plating.

There is also strong momentum in hospital and physician reimbursement for artificial discs. 

The spinal implant market in the United States is expected to grow over the next 10 years, according to a Q2 Metrics report. Here are six things to know about the report: 1. The U.S. spinal implant market is valued at around $5 billion this year and is expected to grow at a compound annual growth rate of 2.4 percent through 2024.