The spinal fusion market is an established orthopedic market that has witnessed sluggish revenue growth in the past five years. GlobalData evaluated the currently-marketed spinal fusion implants, identified the unmet needs in the market, and provided an understanding of surgeons’ perceptions of the latest advances, such as expandable interbody cages. As the global healthcare system is now trending towards solutions that can lead to equivalent clinical outcomes at lower cost, companies need to weather the inevitable price wars and update their business strategies in order to confront market realities. Given the heightened competitive pressures and shrinking reimbursement, the average selling prices for spinal fusion products are expected to continue to decline in almost all of the geographies covered in this report, partially offsetting the healthy growth of procedure volumes.
The Asia-Pacific spinal fusion market has been estimated in this report up to 2023.
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Key Questions Answered
– Given the escalating healthcare financial burden, many countries have put measures in place to cap reimbursement for spinal fusion implants. How will the Asia-Pacific spinal fusion market evolve in the next five years?
– Which are the key, high growth markets that device manufacturers should expand into? Which markets are growing the fastest, and what are the top-selling products?
– With developing the next-generation of devices, what aspects of the technology are device manufacturers focused on optimizing?
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Reasons to buy
– “What Do Physicians Think” quotes provide a unique insight into how healthcare professionals are reacting to events within the industry, and what their responses could mean for industry strategists. This information is essential for all strategic decision makers in every organization allowing them to act on high quality information.
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