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PRACTICE
MANAGEMENT
SPINE
DEVICE
&
INNOVATION
Simplified
Fusion
simpliFied
INSERT. EXPAND. FUSE.
Three simple steps to minimize endplate
trauma, maximize indirect decompression,
and optimize fusion potential.
RISE
®
-L
ThE ULTImATE LATERAL INTERboDy
FUSIoN DEvIcE
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Life moves us is a registered trademark of Globus medical, Inc.
5 Trends in the Global BMP Market:
US Has 76% of the Market
By Laura Dyrda
H
ere are five key trends in the bone morphoge-
netic proteins market, according to a Transpar-
ency Market Research report.
1. e global bone morphogenetic proteins market is
estimated at $612.6 million in 2013 and is expected to
reach $587 million by 2022. e market is expected to
grow at a compound annual growth rate of 2.1 percent
through 2022.
2. e BMP market is driven by the technique that helps
stimulate bone formation in a process wherein stem cells
differentiate osteoblasts, eliminating the need to harvest
bone to stimulate fusion. e reduced healing time with
BMP products also drives the market.
3. e BMP market is showing upward growth due
to improved fusion rates and osteoinduction. e
faster healing process shortens hospital stay and
lowers healthcare expenditure. Additionally, autogra
disadvantages, like blood loss and extended healing time,
make BMPs an attractive option.
4. North America Asia Pacific and Europe are the major
countries for BMP use. e BMP market was concentrated
in North America in 2013 and North America is expected
to maintain this stronghold over the next five years while
the Asia Pacific market has the biggest growth potential.
5. In 2013, 76.5 percent of all spinal fusion surgeries were
performed in North America; followed by Europe and the
Asia Pacific market. e growing elderly population and
demand for an active lifestyle with minimum discomfort
drives the interest in BMP.
n
