Most of the spinal conditions or issues do not need surgeries however there are times when they can’t be averted. In such surgical procedures, especially designed spinal units are used to accurate deformities, fortify and stabilize the spine and facilitate fusion. Most of the spinal implants are usually manufactured from metals together with chrome steel or titanium-alloy, while some are fabricated from non-metallic compounds. Spinal surgical procedures are prescribed for scientific situations including spondylolisthesis, annoying fracture, chronic degenerative disc sickness, scoliosis and different spinal instability situations.
How big is the Global Spinal Implants and Surgical Devices Market?
The global spinal implants and surgical devices market is expected to be around US$ 22 billion by 2028 and will grow at a CAGR of more than 5% in the given forecast period.
The major driving factors of Global Spinal Implants and Surgical Devices Market are as follows:
• Increasing demand for minimally invasive spine surgeries
• Technical advancements in spine surgery devices
• Growing aging and obese population with rising number of spine deformities
The restraining factors of Global Spinal Implants and Surgical Devices Market are as follows:
• Stringent product approval process
• Uncertainty in reimbursement
• High cost of treatment actions
• Lack of sufficient physician and patient awareness
The Global spinal implants and surgical devices market is segmented on the lines of its technology, product, type and regional. Based on technology segmentation it covers covering spinal fusion and fixation, spinal decompression, motion preservation/non-fusion and spinal vertebral compression fracture treatment technologies. Under product segmentation it covers thoracic fusion & lumbar fusion, spine biologics, cervical fusion, vertebral compression fracture treatment, spinal decompression, non-fusion treatment devices and spine bone stimulators. Based on type segmentation it covers open invasive and minimally invasive. The global spinal implants and surgical devices market on geographic segmentation covers various regions such as North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Each geography 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 Global Spinal Implants and Surgical Devices 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 Global Spinal Implants and Surgical Devices 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 global and regional markets for Global Spinal Implants and Surgical Devices 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 Medtronic, Stryker Corporation, Pioneer Surgical, NuVasive, DePuy Spine, Globus Medical, K2M, Orthofix International, TranS1, Amedica, Zimmer, LDR Holdings, Biomet Spine, Exactech, Integra LifeSciences, Alphatec Spine, Orthovita and Synthes etc. . 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.
The Global Spinal Implants and Surgical Devices Market has been segmented as below:
By Technology Analysis
• Covering spinal fusion and fixation
• Spinal decompression
• Motion preservation/non-fusion
• Spinal vertebral compression fracture treatment technologies
By Product Analysis
• Thoracic fusion & lumbar fusion
• Spine biologics
• Cervical fusion
• Vertebral compression fracture treatment
• Spinal decompression
• Non-fusion treatment devices
• Spine bone stimulators
By Type Analysis
• Open invasive
• Minimally invasive
By Regional Analysis
• North America
• Europe
• Asia-Pacific
• Rest of the World
Reasons to Buy this Report:
1) Obtain the most up to date information available on Global Spinal Implants and Surgical Devices Market.
2) Identify growth segments and opportunities in the industry.
3) Facilitate decision making on the basis of strong historic and forecast of Global Spinal Implants and Surgical Devices Market data.
4) Assess your competitor’s refining portfolio and its evolution.
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1 INTRODUCTION
1.1 Key Take Aways
1.2 Report Description
1.3 Markets Covered
1.4 Stakeholders
1.5 Research Methodology
1.5.1 Market Size
1.5.2 Market Share
1.5.3 Key Data Points From Secondary Sources
1.5.4 Key Data Points From Primary Sources
2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Breakdown of Primaries
2.1.2.2 Key Data From Primary Sources
2.1.2.3 Key Industry Insights
2.2 Spinal Implants Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Spinal Implants Market Breakdown and Data Triangulation
2.4 Research Assumptions
3 Executive Summary
3.1 Introduction
3.2 Conclusion
4 Premium Insights
4.1 Spinal Implants Market Overview
4.2 Spinal Implants Market, By Product and Region, 2018
4.3 Spinal Implants Market, By Technology and Region, 2018 (USD Million)
4.4 Spinal Implants Market, By Type of Surgery and Region, 2018 (USD Million)
5 Market Overview
5.1 Introduction
5.2 Spinal Implants Market Dynamics
5.2.1 Drivers
5.2.1.1 Continuous Advancements in Spine Surgery Technologies
5.2.1.2 Increasing Incidence of Spinal Disorders
5.2.1.3 Technological Developments in Bone Grafting Products
5.2.1.4 Increasing Demand for Minimally Invasive Surgical Procedures
5.2.1.5 Rising Geriatric and Obese Population
5.2.2 Restraints
5.2.2.1 Stringent Product Approval Process Restraining Growth of Small Companies
5.2.2.2 High Cost of Treatment Procedures
5.2.3 Opportunities
5.2.3.1 Emerging Asian and Latin American Countries to Offer High Growth Opportunities
5.2.3.2 Growth in the Number of Hospitals and Surgical Centers
5.2.3.3 Commercial Applications in High-Growth Areas Such as Mis, Nucleus Arthroplasty, Artificial Disc Replacement, and Stem Cell Technology
5.2.4 Challenges
5.2.4.1 Lack of Adequate Physician and Patient Awareness/Education
5.2.4.2 High Price Pressure on Market Players
5.2.4.3 Uncertainties in Reimbursement
6 Industry Trends
6.1 Introduction
6.2 Supply Chain Analysis
6.3 Industry Trends
6.3.1 Focus of Market Players Towards the Development of Advanced Minimally Invasive Spine Surgery Devices
6.3.2 Consolidation of the Spinal Implants Market
6.4 Porter’s Five Forces Analysis
6.4.1 Threat From New Entrants
6.4.2 Threat of Substitutes
6.4.3 Bargaining Power of Suppliers
6.4.4 Bargaining Power of Buyers
6.4.5 Intensity of Competitive Rivalry
7 Spinal Implants Market, By Technology
7.1 Introduction
7.2 Spinal Fusion and Fixation Technologies
7.3 Vertebral Compression Fracture Treatment
7.4 Motion Preservation/Non-Fusion Technologies
7.5 Spinal Decompression
8 Spinal Implants Market, By Product
8.1 Introduction
8.2 Thoracic Fusion and Lumbar Fusion Devices
8.2.1 Posterior Thoracic Fusion and Lumbar Fusion Devices
8.2.2 Interbody Thoracic Fusion and Lumbar Fusion Devices
8.2.2.1 By Approach
8.2.2.1.1 Anterior Lumbar Interbody Fusion Devices
8.2.2.1.2 Posterior Lumbar Interbody Fusion Devices
8.2.2.1.3 Transforaminal Lumbar Interbody Fusion Devices
8.2.2.1.4 Axial Lumbar Interbody Fusion Devices
8.2.2.2 By Material
8.2.2.2.1 Non-Bone Interbody Fusion Devices
8.2.2.2.2 Bone Interbody Fusion Devices
8.2.3 Anterior Thoracic Fusion and Lumbar Fusion Devices
8.3 Cervical Fusion Devices
8.3.1.1 Anterior Cervical Fusion
8.3.1.1.1 Anterior Cervical Plates
8.3.1.1.2 Cervical Interbody Fusion Devices
8.3.1.1.3 Anterior Cervical Screw Systems
8.3.1.2 Posterior Cervical Fusion
8.3.1.2.1 Posterior Cervical Plates
8.3.1.2.2 Posterior Cervical Screws
8.3.1.2.3 Posterior Cervical Rods
8.4 Spine Biologics
8.4.1 Demineralized Bone Matrix
8.4.2 Bone Morphogenetic Proteins
8.4.3 Bone Substitutes
8.4.4 Machined Bones
8.4.5 Cell-Based Matrices
8.4.6 Allografts
8.5 Vcf Treatment Devices
8.5.1 Balloon Kyphoplasty Devices
8.5.2 Vertebroplasty Devices
8.6 Spinal Decompression
8.6.1 Discectomy
8.6.2 Laminoplasty, Laminectomy, and Laminotomy
8.6.3 Foraminotomy and Foraminectomy
8.6.4 Facetectomy
8.6.5 Corpectomy
8.7 Non-Fusion Devices
8.7.1 Dynamic Stabilization Devices
8.7.1.1 Interspinous Process Spacers
8.7.1.2 Pedicle-Based Dynamic Rod Devices
8.7.1.3 Facet Replacement Products
8.7.2 Artificial Discs
8.7.2.1 Artificial Cervical Discs
8.7.2.2 Artificial Lumbar Discs
8.7.3 Annulus Repair Devices
8.7.4 Nuclear Disc Prostheses
8.8 Spine Bone Stimulators
8.8.1 Non-Invasive Spine Bone Stimulators
8.8.1.1 Pulsed Electromagnetic Field Devices
8.8.1.2 Cc and Cmf Devices
8.8.2 Invasive Spine Bone Stimulators
9 Spinal Implants Market, By Type of Surgery
9.1 Introduction
9.2 Open Surgeries
9.3 Minimally Invasive Surgeries
10 Spinal Implants Market, By Region
10.1 Introduction
10.2 North America
10.3 Europe
10.4 Asia-Pacific
10.5 Rest of the World
11 Competitive Landscape
11.1 Overview
11.2 Market Share Analysis
11.3 Competitive Situation and Trends
11.3.1 Product Launches, Enhancements, and Approvals
11.3.2 Agreements, Partnerships, and Collaborations
11.3.3 Mergers and Acquisitions
11.3.4 Other Developments
12 Company Profiles
12.1 Introduction
12.2 Medtronic PLC
12.3 Depuy Synthes (A Subsidiary of Johnson & Johnson)
12.4 Nuvasive, Inc.
12.5 Stryker Corporation
12.6 Zimmer Biomet Holdings, Inc.
12.7 Globus Medical, Inc.
12.8 Alphatec Spine Inc.
12.9 Orthofix International N.V.
12.10 K2M Group Holdings, Inc.
12.11 RTI Surgical, Inc.
The Global Spinal Implants and Surgical Devices Market has been segmented as below:
By Technology Analysis
• Covering spinal fusion and fixation
• Spinal decompression
• Motion preservation/non-fusion
• Spinal vertebral compression fracture treatment technologies
By Product Analysis
• Thoracic fusion & lumbar fusion
• Spine biologics
• Cervical fusion
• Vertebral compression fracture treatment
• Spinal decompression
• Non-fusion treatment devices
• Spine bone stimulators
By Type Analysis
• Open invasive
• Minimally invasive
By Regional Analysis
• North America
• Europe
• Asia-Pacific
• Rest of the World
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