Global economic growth and recession concerns, influenced by factors such as the Middle East conflict driving oil prices higher and downgraded global growth forecasts, could impact discretionary healthcare spending and the demand for elective spinal procedures, thereby affecting ATEC's revenue. [cite: IMF Context, Oil Price Context]

The strength of the US domestic economy, as indicated by strong job additions and a low unemployment rate, generally correlates with higher consumer confidence and disposable income. This positive economic environment can support continued patient willingness and ability to undergo elective surgeries, which benefits the demand for ATEC's spinal solutions. [cite: US Economy Context]

Inflationary pressures, potentially heightened by increased oil prices stemming from geopolitical conflicts, could lead to higher operational costs for ATEC. This includes increased expenses for manufacturing, logistics, and raw materials, which might compress profit margins if the company cannot effectively pass these costs on or achieve greater efficiencies. [cite: Oil Price Context (inferred)]