Global spinal implants devices market is estimated at USD 10.1 billion in 2016 and is projected to reach USD 15.6 billion by 2024, at a CAGR of 5.5% during the forecast period from 2017 to 2024. The new market report contains data for historic years 2014 & 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
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The global spinal implants market is segmented on the basis of product, distribution channel, end user and geography.
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On the basis of product type the spinal implants market is segmented into spinal fusion, vertebral compression fracture treatment devices and spinal non-fusion, wherein spinal fusion, which fuses vertebrae together to treat back pain and is commonly done in the lumbar region of the lower back, is by far the most common spine procedure.
The market is also segmented on the basis of end users into hospitals, spinal surgery centers, orthopedic clinics among others
Based on geography, the market is segmented into five geographical regions:
- North America
- South America
- Middle East and Africa.
The geographical regions are further segmented into major countries such as U.S. Canada, Mexico, Germany, France, U.K., Belgium, Switzerland, Belgium, Turkey, Japan, China, Singapore, Brazil, India, Russia, South Africa and many others. North America is the most dominant market and Asia-Pacific is expected to be the fastest growing market in the forecast years.
The Global Spinal Implants Market Report contains an in-depth profiling of the key market players, along with the recent developments (new product launches, partnerships, agreements, collaborations, and joint ventures) and strategies adopted by them to sustain and strengthen their positions in the market.
Some of the major players operating in this market are
- Zimmer Inc.
- DepuySynthes Companies
- Benvenue Medical
- CareFusion Corporation
- Alphatec Spine, Inc.
- NuVasive Inc.
- Integra Lifesciences Holdings Corporation
- Orthofix International N.V.
- Globus Medical Inc.
- LDR Holding Corporation
- K2M Inc.
- Braun Melsungen
Global Orthopedic Implants Market – Industry Trends and Forecast to 2024
Global Orthopedic Implants Market, By Product Type, End User, Geography (North America, Europe, APAC, South America, MEA) – Industry Trends and Forecast to 2024
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