Industry players relied mainly on product launches and approvals to achieve growth in the global Pedicle Screw Systems Market
The pedicle screw systems market is expected to reach USD 724.23 million by 2023 from USD 538.64 million in 2018, at a CAGR of 6.1%. The major factors driving the growth of this market are the increasing incidence of spinal cord injuries, technological advancement, rising geriatric population, and the growing preference for minimally invasive surgeries. Prominent players in the market include DePuy Synthes (US), Zimmer Biomet (US) and Globus Medical (US). The key strategies followed by most companies in the pedicle screw systems market are product launches, expansions, and acquisitions. The strategy of product launches and approvals accounted for the largest share of the overall growth strategies mapped from 2015 to 2018. To know about the assumptions considered for the study download the pdf brochure DePuy Synthes held the leading position in the global pedicle screw systems market in 2017. The company has a strong product portfolio of pedicle system products. In ord...