Motion Preservation Devices Market Forecast to Develop and Opportunity by 2025
Motion Preservation Devices Market : Elderly people who are more prone to spine related disorders due to declining bone density will increase demand for these devices in near future. Globally, the number of older people (those aged 60 years or older) is poised to grow by 56% from 901 million in 2015 to 1.4 billion in 2030 (Source: United Nations). This growth will be significant in less developed countries and provide abundant growth opportunities for the motion preservation device manufacturers. Additionally, preference of physicians and patients shifting towards artificial disc replacement will bring in ample growth opportunities to the manufacturers. Competitive Analysis: The major players operating in this market are HPI Implants, RTI Surgical, Inc., Globus Medical, Inc., DePuy Synthes (a part of Johnson & Johnson), Zimmer Biomet Holdings, Inc., Raymedica, Inc., Ulrich GmbH & Co. KG, Aurora Spine Corporation, Spinal Kinetics, Paradigm Spine, LLC, Medtronic plc, an...