Spinal Implants & Surgery Devices Market size was valued at US$ 17.35 Bn. in 2022 and is expected to reach US$ 25.76 Bn. by 2029 at a CAGR of 5.8 % during the forecast period.
Spinal Implants & Surgery Devices Market Overview:
The Spinal Implants & Surgery Devices Market analysis provides a comprehensive picture of competition, including the market share and company profiles of the worldwide industry’s top rivals. The research scope covers a complete analysis of the Spinal Implants & Surgery Devices Market, as well as the causes for variances in the industry’s growth in various places.
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Spinal Implants & Surgery Devices Market Scope:
To identify and collect material suitable for this study, this research study makes considerable use of secondary sources, directories, and databases, such as annual reports, press releases, journals, corporate websites, and databases.
Spinal Implants & Surgery Devices Market Drivers:
The key factors attributing to the growth of the market are rising treatment options, the growing geriatric population, enhancement in medical technology, and popular invasive procedures. An unhealthy lifestyle is resulting in obesity in the overall population is expected to contribute a larger market share in the forecast period. Increasing spinal injuries and surgeries are likely to contribute a significant market share in the global spinal implant and device market.
As per, National Cord Injury Statistic Centers 17,000 new spinal injury Cases are reported each year that is 54 cases per million population. Further, as per WHO, around 250,000 to 50,000 individuals are affected each year. Henceforth, a growing no. of cases is likely to fuel the growth of the market. Moreover, degenerative disk disorder is more common and is further leading towards back and neck injuries. And this factor is likely to boost innovative technologies to treat spinal disorders.
In addition, market players like LDR Holding Corporations, Orthofix International N.V., Alphatec Spine, Globus Medical, Inc., Zimmer Biomet Holdings, NuVasive, Inc., Stryker Corporation, DePuy Synthes, and Medtronic are boosting the R&D activities to improve the healthcare services and offer better accuracy in diagnosis.
Spinal Implants & Surgery Devices Market Segmentation:
by Product
Phillips-Medisize
Spinal Fusion devices
Vertebral compression fracture treatment devices
Non-fusion devices
Spinal bone growth stimulators
by Technology
Fusion and fixation technology
Vertebral compression fracture treatment
Motion preservation technologies
by Procedure
Discectomy
Laminotomy
Foraminotomy
Facetectomy
Corpectomy
by Type of surgery
Open surgery
Minimally invasive surgery
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Spinal Implants & Surgery Devices Market Key Players: The key players are
1. LDR Holding Corporations
2. Orthofix International N.V.
3. Alphatec Spine
4. Globus Medical, Inc.
5. Zimmer Biomet Holdings
6. NuVasive, Inc.
7. Stryker Corporation
8. DePuy Synthes
9. Medtronic.
10.Orthofix Medical Inc.
11.ATEC Spine, Inc.
12.Integra LifeSciences Corporation
13.NORMAN NOBLE, INC.
14.XTANT MEDICAL
15.Spine Wave, Inc.
16.Captiva Spine, Inc.
17.Wenzel Spine, Inc.
18.Jayon Implants
19.Tecomet, Inc.
20.SINTX Technologies, Inc.
21.Abbott
22.Meditech Spine
23.Boston Scientific Corporation
24.GPC Medical
Regional Analysis:
Individual market influencing elements and changes in market legislation that affect current and future market trends are also included in the regional component of the Spinal Implants & Surgery Devices Market study. Current and future trends are examined to assess the entire market potential and uncover profitable trends to get a more stable footing. The geographical market assessment is based on the present environment and expected developments.
Spinal Implants & Surgery Devices Market Table of Content:
Part 01: Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
Part 02: Scope of the Report
Part 03: Global Spinal Implants & Surgery Devices Market Landscape
Part 04: Global Spinal Implants & Surgery Devices Market Sizing
Part 05: Global Spinal Implants & Surgery Devices Market Segmentation By Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
Key Questions Answered in the Spinal Implants & Surgery Devices Market Report are:
- Which sub-segment had the largest share in the Spinal Implants & Surgery Devices Market?
- How is the competitive landscape of the Spinal Implants & Surgery Devices Market in 2023?
- Which are the key drivers impacting the Spinal Implants & Surgery Devices Market growth?
- Which region holds the maximum share in the Spinal Implants & Surgery Devices Market?
- What will be the CAGR of the Spinal Implants & Surgery Devices Market during the forecast period (2023-2029)?
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