
Spinal Implants and Surgery Devices Market Size, Share
Spinal implants and devices are wont to treat spinal deformities like spinal stenosis and isthmic spondylolisthesis. The universal spinal implants and surgical devices market is anticipated to register growth over the forecast period. Growing incidences of spinal deformities, growing demand in minimally invasive surgeries including increasing global geriatric population base is predicted to drive the market. Spinal surgeries are prescribed for medical conditions like spondylolisthesis, traumatic fracture, chronic degenerative disc disease, scoliosis and other spinal instability conditions.
The Spinal Implants and Surgery Devices Market is expected to be around US$ 17 billion by 2028, and is expected to grow at a CAGR of 6.1% during the forecast period of 2023 to 2028.
Growth in geriatric population, rise in adoption of minimal invasive surgery techniques, and upsurge in incidence rate of spinal disorders are expected to drive the market growth. Furthermore, technological advancements in fusion implants fuel this growth. Nevertheless, unfavourable reimbursement scenario and stringent regulatory approval procedures are expected to impede the market growth.
The global Spinal Implants and Surgery Devices market is segregated on the basis of Product as Thoracic Fusion and Lumbar Fusion Devices, Cervical Fusion Devices, Posterior Cervical Fusion Devices, Spine Biologics, VCF Treatment Devices, Spinal Decompression Devices, Non-fusion Devices, Spine Bone Stimulators, and Invasive Spine Bone Stimulators. Based on Technology the global Spinal Implants and Surgery Devices market is segmented in Spinal Fusion and Fixation, Motion Preservation/Non-fusion, Vertebral Compression Fracture Treatment, and Spinal Decompression. Based on Type of Surgery the global Spinal Implants and Surgery Devices market is segmented in Open Surgeries and Minimally Invasive Surgeries.
The global Spinal Implants and Surgery Devices market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Spinal Implants and Surgery Devices market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.
Competitive Rivalry
Medtronic, DePuy Synthes, NuVasive, Inc., Stryker Corporation, B. Braun Melsungen AG, Zimmer Biomet Holdings, Inc., Globus Medical, Inc., Orthofix International N.V., Abbott Laboratories, RTI Surgical, Inc., and others are among the major players in the global Spinal Implants and Surgery Devices market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.
The Spinal Implants and Surgery Devices Market has been segmented as below:
Spinal Implants and Surgery Devices Market, By Product
Thoracic Fusion and Lumbar Fusion Devices
Posterior Thoracic Fusion and Lumbar Fusion Devices
Interbody Thoracic Fusion and Lumbar Fusion Devices
Cervical Fusion Devices
Anterior Cervical Fusion Devices
Anterior Cervical Plates
Cervical Interbody Fusion Devices
Anterior Cervical Screw Systems
Posterior Cervical Fusion Devices
Posterior Cervical Plates
Posterior Cervical Screws
Posterior Cervical Rods
Demineralized Bone Matrix
Bone Morphogenetic Proteins
Bone Substitutes
Machined Bones
Cell-based Matrices
Allograft Bone
VCF Treatment Devices
Balloon Kyphoplasty Devices
Vertebroplasty Devices
Spinal Decompression Devices
Discectomy
Laminoplasty, Laminectomy, and Laminotomy
Foraminotomy and Foraminectomy
Facetectomy
Corpectomy
Non-fusion Devices
Dynamic Stabilization Devices
Interspinous Process Spacers
Pedicle Screw-based Dynamic Rod Devices
Facet Replacement Products
Artificial Discs
Artificial Cervical Discs
Nuclear Disc Prostheses
Annulus Repair Devices
Nuclear Disc Prostheses
Spine Bone Stimulators
Noninvasive Spine Bone Stimulators
Pulsed Electromagnetic Field Devices
CC and CMF Devices
Invasive Spine Bone Stimulators
Spinal Implants and Surgery Devices Market, By Technology
Spinal Fusion and Fixation
Motion Preservation/Non-fusion
Vertebral Compression Fracture Treatment
Spinal Decompression
Spinal Implants and Surgery Devices Market, By Type of Surgery
Open Surgeries
Minimally Invasive Surgeries
Spinal Implants and Surgery Devices Market, By Region
North America
Europe
Asia-Pacific
Rest of the World
Spinal Implants and Surgery Devices Market, By Company
Medtronic
DePuy Synthes
NuVasive, Inc.
Stryker Corporation
B. Braun Melsungen AG
Zimmer Biomet Holdings, Inc.
Globus Medical, Inc.
Orthofix International N.V.
Abbott Laboratories
RTI Surgical, Inc.
Boston Scientific
SeaSpine Holdings Corporation
ulrich GmbH & Co. KG
Spineart
Kuros Biosciences AG
Bioventus, LLC
Colfax Corporation
Meditech Spine, LLC
Implanet.
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The report covers:
Global Spinal Implants and Surgery Devices market sizes from 2021 to 2028, along with CAGR for 2023-2028
Market size comparison for 2022 vs 2028 with actual data for 2022, estimates for 2023 and forecast from 2024 to 2028
Global Spinal Implants and Surgery Devices market trends, covering comprehensive range of consumer trends & manufacturer trends
Value chain analysis covering participants from raw material suppliers to the downstream buyer in the global Spinal Implants and Surgery Devices market
Major market opportunities and challenges in forecast timeframe to be focused
Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends and strategic management
Comprehensive company profiles of the key industry players
Report Scope:
The global Spinal Implants and Surgery Devices market report scope includes detailed study covering underlying factors influencing the industry trends. The report covers analysis on regional and country level market dynamics.
The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies.
The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Spinal Implants and Surgery Devices market share. Major industry players with significant revenue share include Medtronic, DePuy Synthes, NuVasive, Inc., Stryker Corporation, B. Braun Melsungen AG, Zimmer Biomet Holdings, Inc., Globus Medical, Inc., Orthofix International N.V., Abbott Laboratories, RTI Surgical, Inc., and others.
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