Written by Laura Dyrda
A new report from Decision Resources Group shows the minimally invasive spine technology market will grow over the next eight years.
Here are eight key trends from the report:
1. The minimally invasive spine technology market is expected to grow 6 percent through 2023, which is significantly faster than the traditional open spine implant market.
2. Minimally invasive spine procedures will be driven to the outpatient ambulatory surgery center setting. ASCs offer considerable advantages for patients and accommodate faster recovery times. The ASC adoption of spine is expected to fuel the minimally invasive device market.
3. Additional factors driving the minimally invasive spine technology market include the increasing number of insured patients and marketing efforts from device companies. There is also expected to be additional product launches to stimulate growth.