Moreover, reimbursement policies are expected to fuel growth of the interspinous process decompression device market. For instance, in 2016, the International Society for the Advancement of Spine Surgery (ISASS) published recommendations and coverage criteria for decompression with interlaminar stabilization. However, lack of national coverage determination handover the policy discretion to local Medicare carriers.
Interspinous Process Decompression Devices Market – Competitor
Abbott Spine, Paradigm spine, Medtronic Plc. and Vertiflex, Inc. are the key players implementing novel inorganic strategies for gaining maximum market shares, in turn strengthening market position. For instance, in 2015, Vertiflex, Inc., introduced two significant reimbursement milestone to broaden their opportunity for Superion (interspinous spacer). The reimbursement includes transition of Category III code to Category I, erasing the longstanding uncertainty associated with coverage and payment involved in category III. Furthermore, Superion based minimally invasive procedure in Ambulatory Surgical Centers will afford Medicare beneficiaries increasing the access. Both reimbursement plans are expected to expand the market opportunity for Superion and in turn increase the company revenues.
Interspinous Process Decompression Devices Market - Taxonomy
By Product Type
Interspinous Process Decompression Devices Market Report Snapshots
Joining thousands of companies around the world committed to making the Excellent Business Solutions.
View All Our Clients