According to a recent WHO report, the world's population will exceed 2 billion people aged 60 and above by 2050. Moreover, spinal fusion surgeries performed using minimally invasive methods can reduce the need for an open approach. So, the global market for Spinal Fusion Devices is likely to witness steady growth over the next few years.
There is also an expected to experience a growth in the number of surgeries and the prevalence of spinal disorders. Furthermore, healthcare facilities in these regions are also able to provide advanced technology, which will further enhance the growth of this market. Further, these devices are expected to be used by more than one million patients in the coming years, which will drive the global spine fusion devices market.
The market for Spinal Fusion Devices is expected to grow at a high rate, especially in the complex deformity segment. The aging population is a rapidly increasing segment, and the need for devices to treat it is high. The elderly population is rapidly aging. The baby boomers are the largest demographic in the country. It is expected that by the year 2050, the number of people aged 65 and older will double from its current size.
Instrumentation is an option in Spinal Fusion, which may be metal or non-metal. The purpose of this instrumentation is to stabilize the bony elements of the spine. During fusion, the implant becomes the primary source of support. However, there are many factors that can retard the process of fusion, which can cause the implant to fail. As a result, this method is only recommended for comfort purposes.
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