Spinal Fusion Devices Market Size, Share, Growth Analysis, By Product(Thoracolumbar Devices (Anterior Lumbar Plates, Pedicle Screw and Rods, Others), Cervical Fixation Devices (Anterior Cervical Plates), By Disease Type(Degenerative Disc, Complex Deformity, Trauma & Fractures, and Others), By Surgery(Open spine surgery, and Minimally Invasive Spine Surgery), By End user(Hospitals, Specialty Clinics, and Others), By Region - Industry Forecast 2025-2032


Report ID: SQMIG35A2336 | Region: Global | Published Date: October, 2024
Pages: 157 |Tables: 61 |Figures: 75

Spinal Fusion Devices Market Insights

Spinal Fusion Devices Market size was valued at USD 7.1 Billion in 2023 and is poised to grow from USD 7.41 Billion in 2024 to USD 10.43 Billion by 2032, growing at a CAGR of 4.3% during the forecast period (2025-2032).

Growing burden of degenerative disc diseases and increasing geriatric population prone to spine diseases are the major driving forces for the market. Also, improvements in surgical techniques for spinal fusion surgery as well as new spinal devices. Increased awareness regarding advantages of minimally invasive surgical procedures coupled with the rising healthcare expenditure in the developing countries is another important factor driving the market demand for spinal fusion device. Moreover, associated lifestyle changes and surge in number of accident cases leading to spine surgeries also drive the growth of the market. 

There is a trend towards the use of surgical robots in spinal fusion devices, most hospitals today have performed robotic surgery for spinal diseases. Several of the manufacturers are now focused on advancing new surgical robot models that can be used with precision implants and navigation systems during spinal fusion surgery. These have created many possibilities for strategic partnerships and new product launches, both of which, are expected to be the elements that will drive the growth of this market. Moreover, market is further formed by improved outcome spinal surgery procedures. Improved procedural advantages such as lesser blood loss, faster recovery and minimum pain are compelling patients to opt for these surgeries. The market is quickly gaining traction due to the increase in R&D funding which leads to technological and biological advancements, resulting in an enticing promise of explosive growth in the upcoming years. 

US Spinal Fusion Devices Market is poised to grow at a sustainable CAGR for the next forecast year.

Market snapshot - 2024–2031

Global Market Size

USD 9 billion

Largest Segment

Hospitals

Fastest Growth

Hospitals

Growth Rate

5.5% CAGR

Global Spinal Fusion Devices Market ($ Bn)
Country Share for North America Region (%)

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Spinal Fusion Devices Market Segmental Analysis

Global Spinal Fusion Devices Market is segmented by Product, Disease Type, Surgery, End User, and region. Based on Product, the market is segmented into Thoracolumbar Devices (Anterior Lumbar Plates, Pedicle Screw and Rods, Others), Cervical Fixation Devices (Anterior Cervical Plates, Hook Fixation Systems, Others), Interbody Fusion Devices. Based on Disease Type, the market is segmented into Degenerative Disc, Complex Deformity, Trauma & Fractures, and Others. Based on Surgery, the market is segmented into Open spine surgery, and Minimally Invasive Spine Surgery. Based on End User, the market is segmented into Hospitals, Specialty Clinics, and Others. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & and Africa.

Analysis by Product 

Based on product type, thoracolumbar devices segment is dominating with the spinal fusion devices market share. This is because of an increase in spinal disorders and the ability to perform surgical procedures on the thoracic and lumbar regions are the factors motivating this increase. Surgical innovations over the years have been instrumental, as healthcare continues focusing more on innovative solutions. Continuous R&D projects to improve the efficacy and safety of thoracolumbar devices will increase their prominence over the next few years. The developments in extendable cages, bioactive materials, and 3D printed implants have increased the requirement and hence the thoracolumbar devices. This has made the devices less resistant, easier to use, and more cross-compatible than when using the very first generations of each device or with comparable alternatives.  

Cervical fixation devices product segment will be witnessing the fastest growth with the highest expansion rate during the spinal fusion devices market forecast period from 2024 to 2031. The growth of this segment is primarily attributed to the increasing acceptance of spine navigation software, enhanced health insurance services, and high demand for expandable inter-body devices. Furthermore, the growing popularity of inter-body spacer devices is also contributing to the increased demand for these cervical fixation products. These factors are substantially driving the growth of their overall cervical fixation segment, leading to the expansion of the market. 

Analysis by Disease 

Based on procedure type, the market is segmented into degenerative disc, complex deformity, trauma & fractures, and others. The degenerative disc segment dominated the spinal fusion devices market size in terms of revenue in 2023. The high demand for degenerative disc segment is due to the high prevalence of smoking, unhealthy diet and sedentary lifestyle. A more aging world population also means there are more people at risk for degenerative disc. Furthermore, there is an increase in awareness of the disease among patients and healthcare professionals and advancement in diagnostic imaging technology, which has contributed to its earlier detection and diagnosis, fuelling demand for the product. 

Complex deformity segment is expected to register highest growth over the forecast period till 2031, attributed to a rise in spinal deformities including scoliosis and kyphosis among others. Scoliosis, which is present in 2% to 3% of the world's population according to American Association of Neurological Surgeons, is found in 6 to 9 million people in the U.S. with the largest group of patients being between the ages of 10-15 years. As a result, there is a greater need for better technology and new processes, thus fuelling the growth of this segment in the global spinal fusion devices market.  

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Spinal Fusion Devices Market Regional Insights

Based on region, North America region dominated the spinal fusion devices market size and held the largest revenue share in 2023. The growing incidence of sports injuries is adding fuel to the rising demand for spinal fusion procedures & devices. Since sports are still hot, constant and widespread, the rate of these kinds of injuries is not decreased. Further, the growing infrastructure and regional access to healthcare services are also positively impacting the spinal fusion healing market. Increasing sports participation rate along with better healthcare infrastructure will continue to drive growth for the regional industry.  

Asia Pacific spinal fusion devices market will witness the fastest demand growth during the forecast period, attributed to positive driving factors including increase in geriatric population, increase in disposable income and growth in healthcare expenditures leading to better healthcare facilities. The availability of improved surgical procedures and advanced technologies leads to improved treatment outcomes, which in turn, inspires confidence in patients and hence is a key indicator for significantly driving market growth in the region. China appears to be a deep market for spinal fusion devices, capitalizing on Chinese competition in 2023. Furthermore, the increasing elderly population in China resulting in the rising prevalence of degenerative disc diseases, scoliosis, and other spinal disorders are some key factors expected to boost the growth of the target market over the forecast period. 

Global Spinal Fusion Devices Market By Geography
  • Largest
  • Fastest

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Spinal Fusion Devices Market Dynamics

Spinal Fusion Devices Market Drivers 

Robot Assisted Spine Fusion Surgeries to Surge the Market 

  • The adoption of surgical robots within the spine arena has been an ongoing progression and today, numerous hospitals provide robotic surgical procedures across a variety of spinal conditions. We have several manufacturers that are working to develop surgical robots used in spinal fusion surgeries with the company implants and navigation systems. It also created numerous avenues for strategic partnerships and product launches, which is anticipated to fuel the growth of market. 

Rising Adoption of Spine Fusion Devices  

  • Spinal arthrodesis devices market is very competitive, major companies are continuously innovating and launching new products to keep their keep their market share. Additionally, the demand for minimally invasive surgeries is escalated across the globe, which is driving the player to introduce the device particularly for a minimally invasive spinal fusion surgery. 

Spinal Fusion Devices Market Restraints 

High Setup Cost 

  • High setup cost for healthcare institutions to carry out spinal fusion procedures and increase in the cost of the spinal fusion surgeries are some of the factors which will act as a huge restraint for the growth of spinal fusion market and will further challenge the growth of global spinal fusion market during the forecast period. 

Challenges with Regulation and Reimbursement  

  • Major factors effecting growth of global spinal fusion devices market are unfavourable reimbursement scenarios and stringent regulatory approval procedure. The National Centre for Biotechnology Information states that the major challenge with respect to 3D-printed surgical implants of spinal fusion device is design and regulatory approval resulting in reduced availability of the product. 

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Spinal Fusion Devices Market Competitive Landscape

The market is dominated by few key players such as Alphatec Holdings, Inc., B.Barun Melsungen AG, and Stryker Corporation. The top players have multiple acquisitions plans to enhance their portfolio and stay competitive in the market. Alphatec entered into a definitive agreement to acquire EOS imaging, S.A. in December 2020, a world leader in biplanar full body imaging and associated 3D modelling capabilities. This acquisition is in a bid to enhance efficiency from an inventory perspective and develop its product portfolio. These cases are anticipated to offer high volume growth opportunities for the major players for the growth of the market.  

Spinal Fusion Devices Market Top Player’s Company Profiles

  • Medtronic 
  • Johnson & Johnson 
  • Stryker 
  • Zimmer Biomet 
  • NuVasive 
  • Globus Medical 
  • B. Braun Melsungen 
  • Alphatec Spine 
  • Orthofix 
  • SeaSpine Holdings Corporation 
  • RTI Surgical 
  • SpineGuard 
  • Aesculap Implant Systems 
  • Centinel Spine 
  • Exactech 
  • Life Spine 
  • Xtant Medical 
  • Medacta International 
  • Spinal Elements

Spinal Fusion Devices Market Recent Development

  • In August 2024, NanoHive raised USD 7 million to facilitate the development and commercialization of its titanium spinal interbody fusion devices that are 3D printed. This funding will help fast track the companies regional and international expansion. 
  • Alphatec Holdings, Inc. announced the launch of the Calibrate LTX lateral expandable implant system in October 2023 to enhance its technological capabilities which promote enhanced alignment precision and restore disc height in lateral surgery for cementing reputation and gaining competitive edge. 
  • Designed to improve patient outcomes in anterior cervical procedures while providing a varied selection of implants, the Blackhawk Ti 3D Printed Cervical Spacer System received FDA clearance from ChoiceSpine LLC in September 2023. 

Spinal Fusion Devices Key Market Trends

  • Non-Traditional Application of Spinal Fusion: Spinal fusion methods that were almost exclusively utilized for common spinal issues are now being used for different purposes. Medical professionals are using them for different purposes than just spinal disorders. These types of fusion methods are also being used things like trauma, where they need to stabilize the spine. It is also being utilized for tumour resection, aiding the surgical removal of spinal tumours. 
  • Growing Application of Minimally Invasive Surgery: Minimally invasive fusion surgical techniques are revolutionizing the landscape of spinal fusion. Minimally invasive approaches use smaller incisions and special tools and cameras to do the operation instead of the larger, open surgeries of the past. It has certainly revolutionised the way of living for patients and for healthcare providers as well. 

Spinal Fusion Devices Market SkyQuest Analysis

SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research. 

As per SkyQuest analysis, the global spinal fusion devices industry is a highly dynamic section with rapid advancement of spinal fusion technology and medication. Over the past few years, the spinal fusion devices market has witnessed substantial growth, owing to the increase in number of populations aged over 65, rise in occurrence of spinal disorders, advancements in surgical technology and increased need for minimally invasive procedures. Diverse devices and technologies to address varied patient needs and surgical approaches are the hallmarks of this market. Over the past few years, there has been a trend toward minimally invasive spinal fusion.  

Report Metric Details
Market size value in 2022 USD 6.8 billion
Market size value in 2031 USD 10 billion
Growth Rate 4.3%
Base year 2023
Forecast period 2024–2031
Forecast Unit (Value) USD Billion
Segments covered
  • Product
    • Thoracolumbar Devices (Anterior Lumbar Plates, Pedicle Screw and Rods, Others), Cervical Fixation Devices (Anterior Cervical Plates, Hook Fixation Systems, Others), Interbody Fusion Devices
  • Disease Type
    • Degenerative Disc, Complex Deformity, Trauma & Fractures, and Others
  • Surgery
    • Open spine surgery, and Minimally Invasive Spine Surgery
  • End user
    • Hospitals, Specialty Clinics, and Others
Regions covered North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA)
Companies covered
  • Medtronic 
  • Johnson & Johnson 
  • Stryker 
  • Zimmer Biomet 
  • NuVasive 
  • Globus Medical 
  • B. Braun Melsungen 
  • Alphatec Spine 
  • Orthofix 
  • SeaSpine Holdings Corporation 
  • RTI Surgical 
  • SpineGuard 
  • Aesculap Implant Systems 
  • Centinel Spine 
  • Exactech 
  • Life Spine 
  • Xtant Medical 
  • Medacta International 
  • Spinal Elements
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Table Of Content

Executive Summary

Market overview

  • Exhibit: Executive Summary – Chart on Market Overview
  • Exhibit: Executive Summary – Data Table on Market Overview
  • Exhibit: Executive Summary – Chart on Spinal Fusion Devices Market Characteristics
  • Exhibit: Executive Summary – Chart on Market by Geography
  • Exhibit: Executive Summary – Chart on Market Segmentation
  • Exhibit: Executive Summary – Chart on Incremental Growth
  • Exhibit: Executive Summary – Data Table on Incremental Growth
  • Exhibit: Executive Summary – Chart on Vendor Market Positioning

Parent Market Analysis

Market overview

Market size

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • SWOT Analysis

KEY MARKET INSIGHTS

  • Technology Analysis
    • (Exhibit: Data Table: Name of technology and details)
  • Pricing Analysis
    • (Exhibit: Data Table: Name of technology and pricing details)
  • Supply Chain Analysis
    • (Exhibit: Detailed Supply Chain Presentation)
  • Value Chain Analysis
    • (Exhibit: Detailed Value Chain Presentation)
  • Ecosystem Of the Market
    • Exhibit: Parent Market Ecosystem Market Analysis
    • Exhibit: Market Characteristics of Parent Market
  • IP Analysis
    • (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
  • Trade Analysis
    • (Exhibit: Data Table: Import and Export data details)
  • Startup Analysis
    • (Exhibit: Data Table: Emerging startups details)
  • Raw Material Analysis
    • (Exhibit: Data Table: Mapping of key raw materials)
  • Innovation Matrix
    • (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
  • Pipeline product Analysis
    • (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
  • Macroeconomic Indicators

COVID IMPACT

  • Introduction
  • Impact On Economy—scenario Assessment
    • Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
  • Revised Market Size
    • Exhibit: Data Table on Spinal Fusion Devices Market size and forecast 2021-2027 ($ million)
  • Impact Of COVID On Key Segments
    • Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
  • COVID Strategies By Company
    • Exhibit: Analysis on key strategies adopted by companies

MARKET DYNAMICS & OUTLOOK

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • Regulatory Landscape
    • Exhibit: Data Table on regulation from different region
  • SWOT Analysis
  • Porters Analysis
    • Competitive rivalry
      • Exhibit: Competitive rivalry Impact of key factors, 2021
    • Threat of substitute products
      • Exhibit: Threat of Substitute Products Impact of key factors, 2021
    • Bargaining power of buyers
      • Exhibit: buyers bargaining power Impact of key factors, 2021
    • Threat of new entrants
      • Exhibit: Threat of new entrants Impact of key factors, 2021
    • Bargaining power of suppliers
      • Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
  • Skyquest special insights on future disruptions
    • Political Impact
    • Economic impact
    • Social Impact
    • Technical Impact
    • Environmental Impact
    • Legal Impact

Market Size by Region

  • Chart on Market share by geography 2021-2027 (%)
  • Data Table on Market share by geography 2021-2027(%)
  • North America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • USA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Canada
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Europe
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Germany
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Spain
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • France
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • UK
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Europe
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Asia Pacific
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • China
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • India
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Japan
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Korea
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Asia Pacific
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Latin America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Brazil
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of South America
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Middle East & Africa (MEA)
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • GCC Countries
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Africa
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of MEA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)

KEY COMPANY PROFILES

  • Competitive Landscape
    • Total number of companies covered
      • Exhibit: companies covered in the report, 2021
    • Top companies market positioning
      • Exhibit: company positioning matrix, 2021
    • Top companies market Share
      • Exhibit: Pie chart analysis on company market share, 2021(%)

Methodology

For the Spinal Fusion Devices Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:

1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.

2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Spinal Fusion Devices Market.

3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.

4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.

Analyst Support

Customization Options

With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Spinal Fusion Devices Market:

Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.

Regional Analysis: Further analysis of the Spinal Fusion Devices Market for additional countries.

Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.

Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.

Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.

Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.

Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.

Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.

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FAQs

Global Spinal Fusion Devices Market size was valued at around USD 6.8 billion in 2022 and is expected to rise from USD 7.1 billion in 2023 to reach a value of USD 10 billion by 2031, at a CAGR of 4.3% over the forecast period (2024–2031).

The market is dominated by few key players such as Alphatec Holdings, Inc., B.Barun Melsungen AG, and Stryker Corporation. The top players have multiple acquisitions plans to enhance their portfolio and stay competitive in the market. Alphatec entered into a definitive agreement to acquire EOS imaging, S.A. in December 2020, a world leader in biplanar full body imaging and associated 3D modelling capabilities. This acquisition is in a bid to enhance efficiency from an inventory perspective and develop its product portfolio. These cases are anticipated to offer high volume growth opportunities for the major players for the growth of the market.   'Medtronic ', 'Johnson & Johnson ', 'Stryker ', 'Zimmer Biomet ', 'NuVasive ', 'Globus Medical ', 'B. Braun Melsungen ', 'Alphatec Spine ', 'Orthofix ', 'SeaSpine Holdings Corporation ', 'RTI Surgical ', 'SpineGuard ', 'Aesculap Implant Systems ', 'Centinel Spine ', 'Exactech ', 'Life Spine ', 'Xtant Medical ', 'Medacta International ', 'Spinal Elements'

The adoption of surgical robots within the spine arena has been an ongoing progression and today, numerous hospitals provide robotic surgical procedures across a variety of spinal conditions. We have several manufacturers that are working to develop surgical robots used in spinal fusion surgeries with the company implants and navigation systems. It also created numerous avenues for strategic partnerships and product launches, which is anticipated to fuel the growth of market. 

Non-Traditional Application of Spinal Fusion: Spinal fusion methods that were almost exclusively utilized for common spinal issues are now being used for different purposes. Medical professionals are using them for different purposes than just spinal disorders. These types of fusion methods are also being used things like trauma, where they need to stabilize the spine. It is also being utilized for tumour resection, aiding the surgical removal of spinal tumours. 

Based on region, North America region dominated the spinal fusion devices market size and held the largest revenue share in 2023. The growing incidence of sports injuries is adding fuel to the rising demand for spinal fusion procedures & devices. Since sports are still hot, constant and widespread, the rate of these kinds of injuries is not decreased. Further, the growing infrastructure and regional access to healthcare services are also positively impacting the spinal fusion healing market. Increasing sports participation rate along with better healthcare infrastructure will continue to drive growth for the regional industry.  

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