The shift from traditional surgery to minimally invasive spine surgery is a key factor driving the global thoracolumbar spine devices market, according to a Market Research Future report.
Here are four things to know:
1. The market is anticipated to grow at a 6.5 percent compound annual growth rate through 2023.
2. The European market is expected to grow substantially due to increasing spine disease rates, a growing geriatric population, technological advancements and more favorable reimbursements.
3. The Asia-Pacific region is expected to emerge as the fastest growing region due to greater patient awareness and a large patient pool.
4. Key players in the global thoracolumbar spine devices market include X-Spine Systems, Medtronic, NuVasive and Globus Medical.