Global Spinal Implants Market Expected to USD$ 16.1 Billion By 2020

Date: 2016-09-17

The global Spinal Implants market is expected to grow from $7.9 billion in 2015 to $10.5 billion by 2020, at an estimated Compound Annual Growth Rate (CAGR) of 4.1% from 2016 to 2020. 

The Spinal Implants market in APAC is expected to exceed USD 10 billion by 2020, growing at a CAGR of almost 5%. The growth in the automotive and industrial sectors in APAC to boost the need for Spinal Implants. Japan, China, India, Republic of Korea, Singapore, and Taiwan are the key revenue contributors to the Spinal Implants market in this region.

Europe holds a sizable share in the global Spinal Implants market in EMEA. Italy, Russia, Turkey, Switzerland, and the UK are significant revenue contributors to the Spinal Implants market in this region, together comprising for more than 20% of the global market. Germany held the largest market share in 2015.

The Spinal Implants market in the Americas is expected to exceed USD 2 billion by 2020, growing at a CAGR of over 1%. The US, Mexico, Canada, Brazil, and Argentina are the key revenue contributors to the Spinal Implants market in the Americas.

The US is the largest manufacturer of consumer goods in the world; nearly 19% of the global output is produced by the country. The aerospace and defense, automotive, chemicals, telecommunication, and machinery industries find high growth in the country, thus triggering the need for machine tools.
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Read Full Report: http://www.gosreports.com/global-spinal-implants-material-market-research-report-2016/ 

Joanna | Executive – International Business and partner Relations
E-mail: info@gosreports.com | Tel: 1-510-400-8520
Web: www.gosreports.com

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