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. 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.
The report also offers estimations and predictions about the market segment and sub-segments exhibiting promising growth in the forecast timeline. The report also provides deeper insights into the technological advancements, industrial landscape, and emerging product and technological developments in the Spinal Implants and Surgery Devices market. It offers fruitful insights into the business sphere to help businesses capitalize on the lucrative growth opportunities.
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Competitive Terrain:
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.
The leading market contenders listed 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, Medtronic PLC
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Emergen Research has segmented the global Spinal Implants and Surgery Devices market on the basis of type, application, end-use, and region:
Segments Covered in this report are:
Product Type Outlook (Revenue, USD Billion; 2017-2027)
- Thoracic Fusion & Lumbar Fusion Devices
- Posterior
- Interbody
- Cervical Fusion Devices
- Anterior
- Posterior
- Spine Biologics
- Vertebral Compression Fracture Treatment Devices
- Spinal Decompression Devices
- Spine Bone Stimulators
- Invasive
- Non-Invasive
- Non-Fusion Devices
- Dynamic Stabilization Devices
- Artificial Discs
- Annulus Repair Devices
- Nuclear Disc Prostheses
- Thoracic Fusion & Lumbar Fusion Devices
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
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)
Key Objectives of the Report:
- Analysis and estimation of the Spinal Implants and Surgery Devices Market size and share for the projected period of 2022-2030
- Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape
- Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global Spinal Implants and Surgery Devices Market
- Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments
- Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities
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