Spine Surgery Market Growth Rates

 

Data is drawn from Report #M510, “Spine Surgery: Products, Technologies, Markets & Opportunities, Worldwide, 2008-2017,” published by MedMarket Diligence, LLC.

Spine surgery represents a relatively unique medical technology market, in an era of declining margins and overall cost containment, that is both device-intensive and demonstrating aggressive growth.  For the sake of illustration, below is shown a graph of the segment growth rates, from 2010 to 2017, within the spine surgery market.   These dmonstrate the very dramatic growth for all but the traditional spine surgery segment, which is spine fusion.

The graph shows the steady shift from spinal fusion towards other technologies. One of the drivers of this trend is the desire by Baby Boomers to remain active into their later years. This means that they will be more likely to opt for a total disc replacement, for example, in order to keep spinal fusion as a more drastic, final solution if all else fails.

Another factor behind the growth of the global spine market is the increasing prevalence of obesity, especially in developed countries. Obesity puts added strains on the vertebrae and increases the rate of normal wear. While the rate of obesity seems now to be slowing in some countries, it is expected to remain a significant factor through at least 2017.

Baby boomers, in addition to requesting spinal treatments which will allow them to return to their normal, active lifestyle, are also increasingly requesting minimally invasive or minimal access surgery. MIS device revenues are expected to increase due to this growing demand.

 


Data is drawn from “Spine Surgery Worldwide, 2008-2017,” published by MedMarket Diligence.

 

 

2 thoughts on “Spine Surgery Market Growth Rates”

Leave a Reply