By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Health Works CollectiveHealth Works Collective
  • Health
    • Mental Health
    Health
    Healthcare organizations are operating on slimmer profit margins than ever. One report in August showed that they are even lower than the beginning of the…
    Show More
    Top News
    How Not to Become a Victim of Medical Scams
    How Not to Become a Victim of Medical Scams
    December 22, 2021
    11 Ways You Can Care for Your Elder Family Members Health
    11 Ways You Can Care for Your Elder Family Members Health
    April 6, 2022
    How Can Brain Injury Lead To Dangerous Long-Term Effects?
    How Can Brain Injury Lead To Dangerous Long-Term Effects?
    August 30, 2022
    Latest News
    The 6 Most Common Injuries Resulting from Motorcycle Accidents
    January 30, 2023
    6 Essential Strategies for Improving Your Medical Practice
    January 25, 2023
    Staying Positive While Living with Mesothelioma
    January 24, 2023
    The Many Health Benefits of Being Outdoors
    January 17, 2023
  • Policy and Law
    • Global Healthcare
    • Medical Ethics
    Policy and Law
    Get the latest updates about Insurance policies and Laws in the Healthcare industry for different geographical locations.
    Show More
    Top News
    health benefits on Marijuana
    California Advocates Cite Health Benefits of Cannabis Legalization
    February 5, 2021
    Is It Right To Opt For A Home Care Service For Elderly Loved Ones?
    April 17, 2020
    Addressing Mental Health Problems in America’s Schools
    July 10, 2018
    Latest News
    Simplifying the Genetic Testing Process: How At-Home Kits are Changing the Game
    January 25, 2023
    9 Hospitals That Have Introduced Green Initiatives
    January 25, 2023
    Why a Health Retreat Can Be the Best Medicine
    January 12, 2023
    Best Money-Saving Tips for Health Managers
    January 12, 2023
  • Medical Innovations
  • News
  • Wellness
  • Tech
Search
© 2023 HealthWorks Collective. All Rights Reserved.
Reading: Global Size and Growth of Spine Surgery Market Segments
Share
Sign In
Notification Show More
Latest News
investing in senior care
5 Reasons Why Investing in Senior Care Is a Wise Choice?
Senior Care
prevent birth injuries
Distressing Birth Injuries and How They Can Be Prevented
Women Health
reduce infertility risks
Lifestyle Choices You Can Make to Minimize Infertility
Pregnancy
stablecoins in healthcare
Stablecoins May Change the Future of Healthcare Billing
News
Personal Injury Healing Tips and Strategies
Personal Injury Healing Tips and Strategies
Health
Aa
Health Works CollectiveHealth Works Collective
Aa
Search
Have an existing account? Sign In
Follow US
  • About
  • Contact
  • Privacy
© 2023 HealthWorks Collective. All Rights Reserved.
Health Works Collective > Technology > Medical Devices > Global Size and Growth of Spine Surgery Market Segments
BusinessMedical DevicesOrthopaedicsTechnology

Global Size and Growth of Spine Surgery Market Segments

PatrickDriscoll
Last updated: 2011/07/07 at 7:56 AM
PatrickDriscoll
Share
2 Min Read
SHARE

The worldwide market for technologies and products in spine surgery is over $12 billion annually.  The market is diverse in its technologies and its geographic distribution.  It remains staunchly one of the most resilient medical device markets in the face of pressures in healthcare for cost reduction.  With this economic foundation, it has supported a steady stream of innovation that is projected to continue for the next ten years.

The worldwide market for technologies and products in spine surgery is over $12 billion annually.  The market is diverse in its technologies and its geographic distribution.  It remains staunchly one of the most resilient medical device markets in the face of pressures in healthcare for cost reduction.  With this economic foundation, it has supported a steady stream of innovation that is projected to continue for the next ten years.

Below illustrates graphically the segments in the spine surgery market by displaying each segment by sales volume (size and position along horizontal axis) and compound annual growth rate through 2020 (position on vertical axis).  This exhibit is not intended to be confusing, but it does illustrate that there are numerous market segments that are close in size and growth rate, and only a couple that stand out in either case, notably the high growth and low current size of axial lumbar interbody fusion and the high size and lower growth of posterior pedicle screw fusion systems.

More Read

HR staff must deal with divisive views in healthcare

HR Must Navigate Polarizing Views in Healthcare Workplaces

Should Hospitals Use SASE or Traditional Network Security?
Patient Tracking Systems: Improving Facilities for Patients and Medical Staff
Top 4 Traits Every Healthcare Provider Should Have
Building Telemedicine System: Features and Tips

Source: MedMarket Diligence, LLC; Report #M520 (publication pending).

     

TAGGED: medical devices, medical technology, orthopaedics, spinal surgery

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
PatrickDriscoll July 7, 2011
Share this Article
Facebook Twitter Copy Link Print
Share
By PatrickDriscoll
Follow:
I serve the interests of medical technology company decision-makers, venture-capitalists, and others with interests in medtech producing worldwide analyses of medical technology markets for my audience of mostly medical technology companies (but also rapidly growing audience of biotech, VC, and other healthcare decision-makers). I have a small staff and go to my industry insiders (or find new ones as needed) to produce detailed, reality-grounded analyses of current and potential markets and opportunities. I am principally interested in those core clinical applications served by medical devices, which are expanding to include biomaterials, drug-device hybrids and other non-device technologies either competing head-on with devices or being integrated with devices in product development. The effort and pain of making every analysis global in scope is rewarded by my audience's loyalty, since in the vast majority of cases they too have global scope in their businesses.Specialties: Business analysis through syndicated reports, and select custom engagements, on medical technology applications and markets in general/abdominal/thoracic surgery, interventional cardiology, cardiothoracic surgery, patient monitoring/management, wound management, cell therapy, tissue engineering, gene therapy, nanotechnology, and others.
Previous Article iPhone To Detect Cataract
Next Article Driving Demand for Vaccinations

Stay Connected

1.5k Followers Like
4.5k Followers Follow
2.8k Followers Pin
136k Subscribers Subscribe

Latest News

investing in senior care
5 Reasons Why Investing in Senior Care Is a Wise Choice?
Senior Care January 30, 2023
prevent birth injuries
Distressing Birth Injuries and How They Can Be Prevented
Women Health January 30, 2023
reduce infertility risks
Lifestyle Choices You Can Make to Minimize Infertility
Pregnancy January 30, 2023
stablecoins in healthcare
Stablecoins May Change the Future of Healthcare Billing
News January 30, 2023

You Might also Like

stablecoins in healthcare
News

Stablecoins May Change the Future of Healthcare Billing

January 30, 2023
The Future Of Medicine: How Immunotherapy Is Saving Lives
Technology

The Future Of Medicine: How Immunotherapy Is Saving Lives

January 26, 2023
medical practice and technology advancement
Technology

6 Essential Strategies for Improving Your Medical Practice

January 25, 2023
green hospitals
Hospital Administration

9 Hospitals That Have Introduced Green Initiatives

January 20, 2023
//

We influence million of users and is the most authentic source of information on healthcare business and technology news.

Quick Links

  • About
  • Contact
  • Privacy
Subscribe

Subscribe to our newsletter to get our newest articles instantly!

Follow US

© 2008-2023 HealthWorks Collective. All Rights Reserved.

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?