Spinal Fusion Market Size, Share, Analysis Report

Spinal Fusion Market By Procedure Type (Posterolateral Fusion, Interbody Fusion); By Product (Interbody Cages, Pedicle Screws and Rods, Spinal Fusion Plates); By End-User (Hospitals, Speciality Clinics, Ambulatory Surgical Centres) and by Regional Analysis - Global Forecast by

The Spinal Fusion Market is expected to exceed more than US$ 8.5 Billion by 2028 at a CAGR of 3% in the given forecast period.

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MARKET SNAPSHOT

Major Players

  • Zimmer Biomet Holdings Inc
  • K2M Inc
  • MicroPort Scientific Corporation
  • Medtronic Plc
  • Johnson and Johnson
  • Study period:

    2023-2028

    Base Year:

    2022

    CAGR:

    3

    Fastest Growing Market:

    APAC

    Largest Market:

    North America

    REPORT DESCRIPTION

    Spinal fusion devices are used for the treatment of spinal deformities like chronic disc disease and dislocation.

    How Big is The Spinal Fusion Market?

    The Spinal Fusion Market is expected to exceed more than US$ 8.5 Billion by 2028 at a CAGR of 3% in the given forecast period.

    The major driving factors of Spinal Fusion Market are as follows:

    • Growing old population
    • Increasing prevalence of spinal disorders
    • Advancements in spine surgery
    • Shift towards minimal invasive spine procedures

    The major restraining factors of Spinal Fusion Market are as follows:

    • High Initial price
    • Unfavourable compensation situation

    The Spinal Fusion Market has been segmented as below:

    By Procedure Type:

    • Posterolateral Fusion
    • Interbody Fusion
    • Anterior Lumbar Interbody Fusion (ALIF)
    • Extreme Lateral Interbody Fusion (XLIF)
    • Posterior Lumbar Interbody Fusion (PLIF)
    • Transformational Lumbar Interbody Fusion (TLIF)
    • Others

    By Product:

    • Interbody Cages
    • Pedicle Screws and Rods
    • Spinal Fusion Plates

    By End-User:

    • Hospitals
    • Speciality Clinics
    • Ambulatory Surgical Centres

    By Regional Analysis:

    •     North America
    •     Europe
    •     Asia-Pacific
    •     Rest of the World

    The Spinal Fusion Market is segmented on the lines of its procedure type, product, end-user and regional. Basis of Procedure type is segmented into posterolateral fusion and interbody fusion. Based on product it covers interbody cages, pedicle screws and rods and spinal fusion plates. Based on end-user it covers hospitals, speciality clinics and ambulatory surgical centres. The Spinal Fusion Market on geographic segmentation covers various regions such as North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Each geographic market is further segmented to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, India, Brazil, and GCC countries.

    This report provides:
    1) An overview of the global market for Spinal Fusion Market and related technologies.
    2) Analyses of global market trends, with data from 2021, estimates for 2022 and 2023, and projections of compound annual growth rates (CAGRs) through 2028.
    3) Identifications of new market opportunities and targeted promotional plans for Spinal Fusion Market.

    4) Discussion of research and development, and the demand for new products and new applications.
    5) Comprehensive company profiles of major players in the industry. 

    Report Scope:

    The scope of the report includes a detailed study of Spinal Fusion Market with the reasons given for variations in the growth of the industry in certain regions.

    The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include Zimmer Biomet Holdings. Inc., K2M, Inc., MicroPort Scientific Corporation, Medtronic Plc., Johnson and Johnson (DePuy Synthes), Stryker Corporation, Integra Lifesciences Holdings Corp, Orthofix Holdings, Inc., Shandong Weigao Group Medical Polymer Company Limited, Bonovo Orthopaedics, Inc., Suzhou Gemmed Medical Instrument Co. Ltd, NuVasive, Inc., B. Braun Melsungen AG, Globus Medical Inc., RTI Surgical, Inc., Expanding Orthopaedics Inc., Vallum Corporation, ChoiceSpine, LP, Life Spine, Inc., and Precision Spine, Inc., and Siemens Healthcare. Company profile includes assign such as company summary, financial summary, business strategy and planning, SWOT analysis and current developments.
    The Top Companies Report is intended to provide our buyers with a snapshot of the industry’s most influential players.

    Reasons to Buy this Report:
    1) Obtain the most up to date information available on all Spinal Fusion Market.

    2) Identify growth segments and opportunities in the industry.

    3) Facilitate decision making on the basis of strong historic and forecast of Spinal Fusion Market.

    4) Assess your competitor’s refining portfolio and its evolution.

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    1.    Introduction
        1.1    Report Description
        1.2    Markets Covered
        1.3    Stakeholders

    2.    Research Methodology
        2.1    Research Data
        2.2    Market Size Estimation and Data Triangulation
        2.3    Research Assumptions

    3.    Report Summary

    4.    Market Overview
        4.1    Introduction
        4.2    Drivers
        4.3    Restrains
        4.4    Industry Trends
        4.5    Porter’s Five Forces Analysis

    5.    Spinal Fusion Market Analysis, By Procedure Type
        5.1    Posterolateral Fusion
        5.2    Interbody Fusion
            5.2.1    Anterior Lumbar Interbody Fusion (ALIF)
            5.2.2    Extreme Lateral Interbody Fusion (XLIF)
            5.2.3    Posterior Lumbar Interbody Fusion (PLIF)
            5.2.4    Transformational Lumbar Interbody Fusion (TLIF)
            5.2.5    Others

    6.    Spinal Fusion Market Analysis, By Product Type
        6.1    Interbody Cages
        6.2    Pedicle Screws and Rods
        6.3    Spinal Fusion Plates

    7.    Spinal Fusion Market Analysis, By End-User
        7.1    Hospitals
        7.2    Speciality Clinics
        7.3    Ambulatory Surgical Centres

    8.    Spinal Fusion Market Analysis, By Region
        8.1    North America
        8.2    Europe
        8.3    Asia-Pacific
        8.4    Rest of the World

    9.    Competitive Overview
        9.1    Introduction
        9.2    New Product Launches
        9.3    Acquisitions
        9.4    Agreements, Partnerships, And Collaborations
        9.5    Expansions

    10.    Company Profiles
        10.1    Medtronic
        10.2    Orthofix Interntional
        10.3    NuVasive Inc.
        10.4    Globus Medical
        10.5    Stryker Corporation
        10.6    K2M Group Holdings Inc.
        10.7    Alphatec Spine
        10.8    DePuy Synthes
        10.9    Zimmer Biomet
        10.10    Aesculap Implant Systems LLC.

    The Spinal Fusion Market has been segmented as below:

    By Procedure Type:

    • Posterolateral Fusion
    • Interbody Fusion
    • Anterior Lumbar Interbody Fusion (ALIF)
    • Extreme Lateral Interbody Fusion (XLIF)
    • Posterior Lumbar Interbody Fusion (PLIF)
    • Transformational Lumbar Interbody Fusion (TLIF)
    • Others

    By Product:

    • Interbody Cages
    • Pedicle Screws and Rods
    • Spinal Fusion Plates

    By End-User:

    • Hospitals
    • Speciality Clinics
    • Ambulatory Surgical Centres

    By Regional Analysis:

    •     North America
    •     Europe
    •     Asia-Pacific
    •     Rest of the World

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    The market is expected to grow at a CAGR of 3% during the study period (2023-2028)
    The Spinal Fusion Market is expected to be around US$ 8.5 Billion by 2028
    The segment included in the Spinal Fusion Market is Procedure Type, End-User and region.
    Some key players operating in the Spinal Fusion Market include Zimmer Biomet Holdings. Inc., K2M, Inc., MicroPort Scientific Corporation, Medtronic Plc., Johnson and Johnson (DePuy Synthes), Stryker Corporation
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