Transparency Market Research has estimated that the motion preservation devices market is estimated to grow in value to US$1501.9 million by 2027.
The company reports a reason for this estimation is an aging population with an increasing number of people experiencing diverse spinal disorders. They further estimate that an emphasis on technological advancements in worldwide healthcare is a reason for growth in this sector.
It is currently set to experience a compound annual growth rate of 10.6% between the assessment period of 2019 and 2027.
