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Canadian Markets for Spinal Implants
Canadian markets for spinal implants
Millennium Research Group, A Decision Resources, Inc. Company

In 2005, the Canadian spinal implant market was valued at just under $24 million and will continue to grow at a compound annual growth rate of approximately 8% between 2006 and 2010. Historically, cost-containment pressures have hindered the expansion of the market—a trend that will continue over the coming years. A growing patient base will, however, help to bolster the market by fostering increased demand for spinal implants. The recent emergence of nonfusion technologies in Canada has generated interest amongst both surgeons and patients. This attention, coupled with the release of clinical data attesting to the efficacy of motion preservation technologies, will contribute to strong market growth as conservative ...

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