Robust Growth Forecast For European Spinal Disc Market

According to a recent Medtech Insight report, the European market for artificial spinal discs totaled approximately $145 million in 2012. During the forecast period covered by the report, the combined market is projected to increase at a compound annual rate of 9.2%.

Mounting clinical evidence supporting the use of artificial spinal discs, combined with an aging population and the clear benefits patients get from these devices compared with traditional spinal fusion surgery, will propel the European market for disc replacements to grow by over 9% per year. Despite this growth, prices of artificial discs will remain static, as health care budgets across Europe remain constrained.

While the European market for all spinal motion-preserving devices is projected to reach an estimated $525 million by 2017, the artificial discs segment is projected to experience the greatest growth,...

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