According to the new report published by Market Research Engine, the Europe Spinal Implants Market is expected to exceed more than US$ 3.8 Billion by 2024 at a CAGR of 5.7% in the given forecast period. Related to their new publication titled as “Europe Spinal Implants Market By Product Analysis (Cervical Fusion Devices, Spine Biologics, Non-fusion Devices, Spine Bone Stimulators); By Type of Surgery Analysis (Open Surgery, Minimally Invasive surgery); By End User Analysis (Hospital, Ambulatory Surgical Center, Orthopedic Clinics) and by regional analysis – global forecast by 2016 – 2024”, the major driving factors of Europe Spinal Implants Market are as follows:
- Rise in obese population
- Rise in Government healthcare expenditure
- Cost effective spinal devices
- Rising demand in minimally invasive spine surgery
- R&D in spinal surgeries are continuously progressing
The restraining factors of Europe Spinal Implants Market are as follows:
- High procedural cost of treatments
- Stringent regulatory guidelines for the approval of new medical devices
- Uncertainty in reimbursement
- Pressure on market players relating to price is high
You can browse full report here: https://www.marketresearchengine.com/europe-spinal-implants-market
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