The global spinal implants and surgery devices market is projected to be worth USD 14.70 Billion by 2027, according to a current analysis by Emergen Research. The spinal implants and surgical devices market is observing high demand attributed to the rising occurrence of spinal disorders. According to the statistics released by the World Health Organization (WHO), annually across the globe, the number of individuals who experience spinal cord injury lies in the range of 250 000 and 500 000. Such injuries are majorly due to avoidable causes, comprising falls, road accidents, or violence, and individuals experiencing the condition are highly likely to suffer from premature death than healthy individuals, and the survival rate of such patients worst in the low and middle-income economies
The market intelligence report takes a closer view of the global market share, estimated growth preparedness. rate, future market trends, entry-level barriers, fundamental market drivers, restraints, challenges, and opportunities. The report clearly defines the spinal implants and surgery devices market position on a global level. The detailed insights into the market’s geographical spectrum offered by the report make it an excellent source of knowledge about the spinal implants and surgery devices industry.
Get a Free sample of the report : https://www.emergenresearch.com/request-sample/393
Further, spinal cord injury is associated with exposure to developing secondary conditions, such as urinary tract infections, pressure ulcers, muscle spasms, in death deep vein thrombosis, chronic pain, osteoporosis,, which may be incapacitating and at times result in death.
Some Key Highlights from the Report
In March 2019, RTI Surgical Holdings, Inc., a firm involved in surgical implant, made an announcement about the completion of the acquisition of Paradigm Spine, LLC, involved in non-fusion and motion preservation spinal implant technology.
Spine biologics are likely to grow at a significant rate in the forecast period, owing to the increasing demand for spine implants. These are deployed to accomplish arthrodesis during the treatment of symptomatic deformity/instability treatment.
Spine fusion finds widespread usage in the treatment of spine tumors, trauma, and degenerative disorders.
The key advantage of motion preservation spine surgery is in offering patients with major structural spinal issues a better substitute to spinal fusion that is a time-consuming procedure.
North America, led by the US, dominated the market in 2019. The spinal implants and surgery devices market dominance of North America is due to the rapid technological advancement and adoption in healthcare, growing geriatric population, and improved reimbursement policies to incentivize intricate fusion surgery in spinal implants.
Key participants include Stryker Corporation, RTI Surgical Inc., Nuvasive Inc., Zimmer Biomet Holdings Inc., Boston Scientific, Depuy Synthes, B. Braun Melsungen, Abbott Laboratories, Orthofix International NV, and Medtronic PLC, among others.
The global spinal implants and surgery devices market is broadly segmented on the basis of different product types, application range, end-use industries, key regions, and an intensely competitive landscape. This section of the report is solely targeted at readers looking to select the most appropriate and lucrative segments of the spinal implants and surgery devices sector in a strategic manner. The segmental analysis also helps companies interested in this sector make optimal business decisions and achieve their desired goals.
Request customization of the report: https://www.emergenresearch.com/request-for-customization/393
Emergen Research has segmented the global spinal implants and surgery devices market on the basis of product type, technology, surgery type, end-user, and region:
Product Type Outlook (Revenue, USD Billion; 2017-2027)
- Thoracic Fusion Lumbar Fusion Devices
- Cervical Fusion Devices
- Spine Biologics
- Vertebral Compression Fracture Treatment Devices
- Spinal Decompression Devices
- Spine Bone Stimulators
- Non-Fusion Devices
- Dynamic Stabilization Devices
- Artificial Discs
- Annulus Repair Devices
- Nuclear Disc Prostheses
Technology Outlook (Revenue, USD Billion; 2017-2027)
- Spinal Fusion Fixation
- Vertebral Compression Fracture Treatment
- Spinal Decompression
- Motion Preservation
Surgery Type Outlook (Revenue, USD Billion; 2017-2027)
- Open Surgery
- Minimally Invasive Surgery
End-User Outlook (Revenue, USD Billion; 2017-2027)
- Specialty Clinics
- Ambulatory Surgical Centers
Regional Analysis of the spinal implants and surgery devices Market:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key Points of spinal implants and surgery devices Market:
Extensive coverage of the analysis of the spinal implants and surgery devices market
Key insights into the regional spread of the industry in key geographies
Radical insights into the vital market trends; both current and emerging trends, and factors influencing the growth of the market
Comprehensive coverage of the impact of the COVID-19 pandemic on the overall growth of the spinal implants and surgery devices market
Complete data about the key manufacturers and vendors in the spinal implants and surgery devices market
At Emergen Research, we believe in advancing with technology. We are a growing market research and strategy consulting company with an exhaustive knowledge base of cutting-edge and potentially market-disrupting technologies that are predicted to become more prevalent in the coming decade.
Corporate Sales Specialist
Emergen Research | Web: www.emergenresearch.com
Direct Line: +1 (604) 757-9756