Throughout 2027, the spinal fusion market is expected to expand, a Future Market Insights report found, according to medGadget.
Here are four things to know:
1. The market is anticipated to increase at a 5.4 percent compound annual growth rate between 2017 and 2027.
2. Factors spurring growth in the spinal fusion market include increasing focus on creating advanced products among industry players as well as more emphasis on minimizing load to avoid adverse reactions.
3. The hospital segment leads the market; however, the surgery center sector is anticipated to experience the highest demand between 2017 and 2027. The ASC market will increase at a 6.6 percent CAGR in the aforementioned period.
4. North America will dominate the market within the next decade.