Spinal Implants and Surgery Devices Market: A Look at the Industry’s Growth and Future Prospects

Spinal Implants and Surgery Devices

Spinal Implants and Surgery Devices:

Spinal implants and surgery devices are medical devices used in spinal surgeries to treat various conditions such as spinal fractures, spinal tumors, spinal stenosis, and degenerative disc diseases. These devices include spinal rods, screws, fusion cages, interbody devices, artificial discs, and spinal cord stimulators. They are usually made of biocompatible materials such as titanium, stainless steel, and polymers to ensure safe and long-lasting use in the body. The goal of using these devices is to stabilize the spinal column, relieve pain, and improve the patient’s quality of life

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 Global Spinal Implants and Surgery Devices Market Report presents an exhaustive analysis of the Spinal Implants and Surgery Devices market and offers investors, stakeholders and business strategists’ valuable insights on the forecast period 2020-2027. The report on the Global Spinal Implants and Surgery Devices Market presents the growth rate and market value projected to be reached by the market in the coming years

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. 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.

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Report Scope:

Forecast Period : 2020-2027

CAGR: 4.6%

Base Year: 2021

Number of Pages: 250

The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Spinal Implants and Surgery Devices market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.

Key Companies Profiled in the Report are:

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.

Market Overview:

The report bifurcates the Spinal Implants and Surgery Devices market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.

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
    1. Posterior
    2. Interbody
  • Cervical Fusion Devices
    1. Anterior
    2. Posterior
  • Spine Biologics
  • Vertebral Compression Fracture Treatment Devices
  • Spinal Decompression Devices
  • Spine Bone Stimulators
    1. Invasive
    2. Non-Invasive
  • Non-Fusion Devices
    1. Dynamic Stabilization Devices
    2. Artificial Discs
    3. Annulus Repair Devices
    4. 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)

  • Hospitals
  • Specialty Clinics
  • Ambulatory Surgical Centers

Regional Landscape section of the Spinal Implants and Surgery Devices report offers deeper insights into the regulatory framework, current and emerging market trends, production and consumption patterns, supply and demand dynamics, import/export, and presence of major players in each region.

The various regions analyzed in the report include:

  • 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)

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Research Report on the Spinal Implants and Surgery Devices Market Addresses the Following Key Questions:

  • Who are the dominant players of the Spinal Implants and Surgery Devices market?
  • Which regional market is anticipated to have a high growth rate over the projected period?
  • What consumer trends and demands are expected to influence the operations of the market players in the Spinal Implants and Surgery Devices market?
  • What are the key growth drivers and restraining factors of the Spinal Implants and Surgery Devices market?
  • What are the expansion plans and strategic investment plans undertaken by the players to gain a robust footing in the market?
  • What is the overall impact of the COVID-19 pandemic on the Spinal Implants and Surgery Devices market and its key segments?

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About Us:

Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

 

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