London, UK (PRWEB) April 29, 2013
The increasing demand for back surgery from elderly people was the main driver of the US spinal surgery market in the USA over the past several years. As a result, the US market has grown tremendously (at a CAGR of around 6 percent from 2007 to 2012). Technological advances also contributed to the market growth. Posterior pedicle screw fusion systems represent the most prominent market segment. In 2012 alone, this segment accounted for almost a quarter of the total market. Allografts are the second largest market segment given the increasing number of fusion surgeries being carried out in the country. The market allografts for grew at a 7 percent CAGR in 2007-2012.
The US market for spinal surgery comprises a relatively high number of players, with Medtronic, DePuy and NuVasive being the most prominent ones in 2012. The country’s spinal surgery market is poised for the future growth at a 5 percent CAGR to 2017, while the elderly people aged above 60 are expected to be the main “consumers” of the treatment.
New research report “The US Spinal Surgery Market Outlook to 2017 - Ageing population and Technological Advances to Intensify the Competition” drawn up by Ken Research Private has been recently published by Market Publishers Ltd.
Title: The US Spinal Surgery Market Outlook to 2017 - Ageing population and Technological Advances to Intensify the Competition
Published: April, 2013
Price: US$ 1,100.00
The study offers an up-close look at the US market for spinal surgery. The report contains a comprehensive overview of the market, reveals its segmentation and size of each segment. The research study delves into the most recent market trends and developments, the competitive landscape, macroeconomic and industry factors influencing the market. Profiles of leaders, information on new products and the ones under development, and future market outlook to 2017 can be found in the report too.
Companies profiled in the research report include: Medtronics, DePuy Synthes, NuVasive, Stryker, Globus Medical.
More new research reports by the publisher can be found at Ken Research Private page.