Spine comprises of 26 vertebrates assembled and stacked on top of each other and thereby the spinal column enabling us to stand erect at the same time twist and bend by providing the body the support it needs. The spinal cord being the prime support of the body any kind of harm or damage to it might result in serious trouble to the spinal column either provisionally or permanently. For treating any kind of spine injuries there are many new technologies such as non-fusion, fusion, spine biologics, spinal decompression, and vertebral compression fracture.The devices used for spine surgeries are particularly meant for trauma, spinal cord disorders, bleeding, tumours, and others.They are used for treating various spinal disorders such as cervical discopathy, spinal stenosis, scoliosis, spondylolisthesis, and kyphosis. The devices help in carrying out intricate spinal implant surgeries with utmost precision. The spine surgery devices market is one of the most vital sub-segments of the orthopaedic industry. The most vital segments of the orthopaedics, that assist in assembling and treating one of two vertebrae. The procedure comprises of supplementary bone tissue from the patient or a donor is used with the patient’s bone growth in order to fuse the vertebrae and the procedure is termed as osteoblastic.
Top Manufactures Analysis of Spine Surgery Devices: DePuy Synthes, Medtronic, NuVasive, Stryker, Zimmer
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The global spine surgery devices market is anticipated to flourish by growing at a constant high CAGR during the forecast period owing to the steady growth in the number of geriatric population coupled with rising number of obesity. The obese people and the elderly population is more susceptible to spine problems. Furthermore, evolving enhanced technologies for minimally invasive techniques for spine surgery along with more and more occurrences of spinal injuries are likely to propel the growth of spine surgery devices market.Prevalence of car and motor vehicles’ accidents are responsible for approximately more than 35% of spine injuries and this is expected to promote the growth of spine surgery devices market in the future.Recently, there have been developments and utilizations according to which the North American region accounts for the largest market share followed by Europe.The Asia-Pacific region is witnessing a boom in this industry’s market owing toballooning population, increased awareness of the latest enhanced technologies, increased per capita income of the people as well as various hospitals, and bettered healthcare literacy and tourism.
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Precariousnessin reimbursement laws, not-so-cost-efficient nature of the surgery and dearth of education related to spine treatment might hinder the growth of spine surgery devices market on a global level. However, escalated demand for medical tourism in developing markets is predicted to give rise to latest and new opportunities during the forecast period. Some of the major market players of this industry are DePuySynthes,Medtronic, NuVasive, Stryker, Zimmer, Aesculap Implant Systems, Alphatec Spine, Amedica, AOI Medical, Biomet, Bonesupport, Cook Medical, Crosstrees Medical, DFine, Exactech, Globus Medical, Integra Lifesciences, Joimax, K2M, LDR, NuTech Medical, Orthofix International, Orthovita, Paradigm Spine, and RTI Surgical.
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