The U.S. market for spinal implants was worth $7.45 billion in 2008, a 9 percent increase comparedwith 2007, according to a report by iData Research Inc. The boost was largely attributed to
the thoracolumbar fusion fixation, interbody device and cervical fusion fixation markets, which together was valued at $3.5 billion last year.
The second largest segment was the vertebral compression fracture market, followed by electrical stimulation (E-Stim) and the motion preservation device market, the report said.
The thoracolumbar fusion fixation market, which comprised the largest share of the U.S. spinal implant market last year, is expected to grow steadily due to developments in motion preservation technology. This market consists of devices intended for degenerative disc disease treatment, deformity of the spine and traumatic spine injuries.
Additional markets include minimally invasive surgery, which was valued at more than $3.7 billion in 2008; minimally invasive vertebral compression fracture devices, which grew nearly 16 percent from 2007-08; and the spinal electrical stimulation market, which rose by more than 9 percent from 2007-08. The interbody fusion market, which is made up of devices implanted in the intervertebral disc space to facilitate/accompany a spinal fusion, also comprises a small niche sector, according to the report.
For more information about this report, visit www.idataresearch.net.