US Spine Market Sales 2016 and Forecast for 2017
The majority of the spine market – about 80% – is controlled by companies with annual spine revenue above $100 million.
For 2016, ORTHOWORLD estimated revenue from spinal implants and instrumentation to be $8.8 billion, up 2% vs. 2015. (This figure excludes orthobiologics.) When they published their ORTHOPAEDIC INDUSTRY ANNUAL REPORT® in May, they projected 2017 spine revenue at $9.0 billion – an increase of approximately 2%, supported by increased reimbursement for novel devices, M&A among larger companies, utilization of MIS and surgical assistance technologies, etc.
OrthoWorld – www.orthoworld.com