Report predicts growth for spinal fusion market

Editor's Note

An Acquire Market Research report predicts the global spinal fusion market will grow at a 4.54% compound annual growth rate through 2023, according to the June 21 Becker’s Spine Review.

Reasons for the predicted growth are the:

• growing incidence of spinal deformity cases
• rising healthcare awareness
• increase in health expenditures
• growing geriatric population with chronic spinal conditions.

Though traditional spinal fusions have historically led the market, the highest growth rate is expected to come from the minimally invasive spinal fusion segment, the report says.