ASCs to grow at 6.6% CAGR in spinal fusion market: 4 things to know

Throughout 2027, the spinal fusion market is expected to expand, a Future Market Insights report found, according to medGadget.

Here are four things to know:

1. The market is anticipated to increase at a 5.4 percent compound annual growth rate between 2017 and 2027.

2. Factors spurring growth in the spinal fusion market include increasing focus on creating advanced products among industry players as well as more emphasis on minimizing load to avoid adverse reactions.

3. The hospital segment leads the market; however, the surgery center sector is anticipated to experience the highest demand between 2017 and 2027. The ASC market will increase at a 6.6 percent CAGR in the aforementioned period.

4. North America will dominate the market within the next decade.

More articles on outpatient spine:
St. Luke's Spine & Pain Associates is achieving 80% complete pain relief for patients: Here's how
McLeod Outpatient Rehabilitation is treating adolescent scoliosis — Here's how
The 1st 5 spine surgery cases with coflex in a NY ASC: Q&A with Dr. Nicholas Renaldo

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