TechNavio today launched its report Global Spinal Devices and Biologics Market 2011-2015 based on an in-depth study covering the Americas, and the EMEA and APAC regions. The report aims to aid decision makers’ understanding of the significant trends impacting this market.
Commenting on the report, an analyst from TechNavio’s Healthcare team said; ”The present trend in the Medical Devices industry is the increasing use of Minimally-invasive Surgery (MIS), which is gaining popularity because of its advantages such as less pain, faster recovery, smaller incisions, reduced blood loss and cost savings. This trend is expected to have a high positive impact on the market in the short term.”
According to the report, older people are prone to various diseases due to their body weakening and they need improved healthcare services, which will result in higher usage of spinal devices, and hence the Global Spinal Devices and Biologics market is expected to grow. The majority of aged people are expected to be from countries in the APAC region and the EMEA region. This will attract multinationals to capitalize on the market by offering their product suite of spinal devices. This driver has a strong impact on the market.
Further, the report also discusses that a key challenge for the market is the variation in regulations for medical devices across all countries.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key players.
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic reports on niche and emerging technologies. For further information, please visit http://goo.gl/RteTj
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TechNavio Announces the Publication of its Report – Global Spinal Devices and Biologics Market 2011-2015
