Spinal Implants and Surgery Devices Market Size, Share
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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.

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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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