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Spinal Non-Fusion Devices Market Will Generate New Growth Opportunities By 2019
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Increasing geriatric population, technological advancements,increasing incidences of obesity, competitive market and rising demand for minimally invasive surgery procedures drives the demand for spinal non-fusion devices market globally.However, unstable reimbursement policies restrains the growth of the market during the study period.
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North America contributes the largest market share as the degenerative disc disease affects almost 50% of the U.S. population above age 40 years.In addition, increasing prevalence of obesity in North American region also drives the growth of this market. Europe is the second largest market as compared to other geographies because European regulations governing the sale of medical devices are growing more stringent, which is reflecting in introduction of more safe and efficient devices and ultimately assisting the market growth. Asia-Pacific represents the fastest growth due to high population, development of facilities and customer awareness about new technologies followed by Rest of the World (RoW).RoW is estimated to show a significant growth because of increasing healthcare awareness and availability of facilities.
Some of the key players of this market are Medtronic, Inc., Depuy Spine,Inc.,Synthes Holding AG, Stryker Corporation, NuVasive,Inc., Globus Medical,Inc., LDR Holding Corporation, Disc Motion Technologies, Inc. and Zimmer Holdings,Inc.
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