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By Ash Milton, Jeffrey Wong, and Kamran Zamanian, Ph.D., iData Research Inc.

In 2016, traditional spinal fusion device markets continued to experience regular growth. This trend is applied across fixation devices, interbody devices, vertebral compression fracture (VCF) treatment, and other product segments. The major driver across these segments was the European demographic shift toward a growing elderly population. These segments are often well established for reimbursement, which incentivizes development and sales of these devices. The major competitive limiters are expected to be minimally invasive devices and motion preservation. However, traditional devices currently enjoy a strong advantage over the latter in reimbursement and clinical research.

The market for minimally invasive spine devices continued to experience strong growth in 2016. Like with traditional devices, demographic drivers are important for these markets. However, there exist several unique drivers as well. The vast majority of patients show a preference for minimally invasive options when presented with the choice. Despite the greater complexity of these procedures, many younger physicians will be increasingly familiar with these options. Growth in the minimally invasive surgery (MIS) segments is expected to remain strong overall, with a compound annual growth rate significantly higher than the traditional markets.

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The full report suite includes segments for traditional cervical and thoracolumbar fixation devices, interbody devices, motion preservation devices, vertebral compression fracture (VCF) treatment, spinal electrical stimulation and spinal instrumentation. Reports provide a comprehensive analysis including units sold, market value, forecasts, as well as detailed competitive market shares and analysis of major players’ success strategies in each market and segment.