SPINAL NON FUSION DEVICE MARKET ANALYSIS
Advancements in musculoskeletal implants to improve the outcomes of non-fusion technology is the main strategy followed by market players. For instance, in 2016, Zimmer Biomet expanded its spine portfolio by acquiring LDR Holding Corporation and its Mobi-C Cervical Disc Prosthesis, thereby fetching a leadership in cervical disc replacement technology. In 2015, Aesculap implant systems, LLC received approval from FDA for commercial sale of the activL Artificial Disc, which can be used for the treatment of degenerative disc disease. Such developments in spinal non-fusion devices is expected to propel growth of spinal non-fusion device market.
The mergers and acquisitions strategy adopted by the key players is a major factor augmenting the spinal non-fusion devices market. For instance, in 2015, Amendia Inc., a provider of innovative spinal technologies acquired the business of Custom Spine, thereby gaining its extensive portfolio of new generation, surgeon-friendly spinal technologies.
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