The Report Provides Complete Coverage on Industry Situations, Growth, And Demands, Industry Drivers, Restraints, Business Strategies Utilized. Additionally, Competitive Analysis by Spinal Implants Market Players Global Spinal Implants Market Research Report: By Product (Spinal Fusion Devices, Non-Fusion Devices, Spinal Bone Stimulators), Procedure (Open Surgery, Minimally Invasive Surgery), Material (Titanium, Titanium-Alloy, Steel, Plastic) – Forecast To 2023
Competitive Dashboard: Medtronic,NuVasive,Zimmer Biomet Holdings,,Globus Medical,Alphatec Holdings,Orthofix International N.V.,Depuy Synthes Inc. (Johnson & Johnson),Stryker Corporation,K2M Group Holdings,,RTI Surgical,Integra LifeSciences,LDR Holding Corporation,Quandary Medical LLC,Amedica Corporation,Exactech,AESCULAP,Alliance Spine,Ascendx Spine,A-Spine,Back 2 Basics Spine,Accel Spine,Apollo Spine,Premia Spine,SI-BONE,Captiva Spine,SpineGuard,NLT Spine (,Paradigm Spine,Centinel Spine,Life Spine,Precision,Reliance Medical Systems,Spine Frontie,Spinal Solutions Inc,Spineart Geneva SA Some of the key players profiled in the report are
Market Synopsis:
As per the recently published analysis by Market Research Future (MRFR), the global spinal implants market is set to expand at a CAGR of 5.5% during the forecast period 2017 to 2023. Spinal implants are extensively used for the treatment of commonly prevailing disorders such as joint issues, spinal stenosis, slip disk, etc. The rising patient pool owing to growing geriatric population, obesity, etc. are likely to catapult the expansion of the spinal implants market in the foreseeable future.
The factors that are expected to favor the expansion of the global spinal implants market are the growing prevalence of spinal ailments, availability of cost-effective spinal devices, rising demand for minimally invasive spine surgeries, etc. However, some of the restraints such as stringent regulations for obtaining approval, lack of easy reimbursements in developing countries, high procedural costs, etc. are prognosticated to hold the market growth over 2023.
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Industry Developments:
In November 2018, Altus Capital Partners, a private equity firm, has acquired ChoiceSpine, a specialized spinal implants manufacturer.
In November 2018, Osseus Fusion Systems, a manufacturer of products for spine injuries, has obtained FDA 510(k) for 3D printed titanium spinal implants.
Market Segmentation:
By product, the Global Spinal Implants Market has been segmented into spinal fusion devices, non-fusion devices/motion preservation devices, Vertebral Compression Fracture (VCF) treatment devices, spinal bone stimulators, spine biologics, and others.
The Spinal fusion devices segment is further sub-segmented into thoracolumbar devices, cervical fixation devices, interbody fusion devices, and others.
The non-fusion devices/motion preservation devices segment has been sub-segmented into dynamic stabilization devices, artificial discs, annulus repair devices, nuclear disc prostheses, and others.
The Vertebral Compression Fracture (VCF) treatment devices segment is sub-segmented into balloon kyphoplasty devices, vertebroplasty devices, and others.
The spinal bone stimulators segment has been sub-segmented into non-invasive spine bone stimulators, invasive spine bone stimulators, and others.
The spine biologics segment is further sub-segmented into spinal allografts, bone graft substitutes, cell-based matrix, and others.
By procedure, the Global Spinal Implants Market has been segmented into open surgery, Minimally Invasive Surgery (MIS), and others.
By material, the Spinal Implants Market has been segmented into titanium, titanium alloy, stainless steel, plastic, and others.
Regional Insights:
The Global Spinal Implants Market, by region, has been segmented into Americas, Europe, Asia Pacific, and the Middle East & Africa. Americas is likely to hold its pole position towards the end of the forecast period. The factors favoring the expansion of the spinal implants market in the region are technological developments, integration of nanotechnology into pharmaceutical packaging, and advancements in the manufacturing processes.
Europe holds the second largest share of the global spinal implants market. The major drivers of market growth in the region are rising geriatric population and an upsurge in the patient pool of spinal disorders. The constant focus of the governments on research & development is expected to catapult the spinal implants market on an upward trajectory.
The factors that are responsible for catalyzing the growth of the spinal implants market in Asia Pacific are rising healthcare expenditure, the presence of a large patient pool, growing awareness about novel technologies, etc.
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TABLE OF CONTENT
Chapter 1. Report Prologue
Chapter 2. Market Introduction
2.1 Definition
2.2 Scope Of The Study
2.2.1 Research Objective
2.2.2 Assumptions
Chapter 3. Research Methodology
3.1 Introduction
3.2 Primary Research
3.3 Secondary Research
Chapter 4. Market Dynamics
4.1 Drivers
4.2 Restraints
4.3 Opportunities
Chapter 5. Market Factor Analysis
5.1 Porter’s Five Forces Analysis
5.1.1 Bargaining Power Of Suppliers
5.1.2 Bargaining Power Of Buyers
5.1.3 Threat Of New Entrants
Chapter 6. Global Spinal Implants Market, By Configuration
6.1 Introduction
6.2 Spinal Fusion Devices
6.2.1 Thoracolumbar Devices
6.2.1.1 Anterior Lumbar Plates
6.2.1.2 Lumbar Plates
6.2.1.3 Pedicle Screw
6.2.1.4 Rods
Chapter 7. Global Spinal Implants Market, By Procedure
7.1 Introduction
7.2 Open Surgery
7.3 Minimally Invasive Surgery
7.4 Others
Chapter 7. Global Spinal Implants Market, By Material
7.1 Introduction
7.2 Titanium
7.3 Titanium-Alloy
7.4 Stainless Steel
Chapter 9 Company Landscape
9.1 Introduction
9.2 Market Share Analysis
9.3 Key Development & Strategies
Chapter 10 Company Profiles
10.1 Medtronic, Plc
10.1.1 Company Overview
10.1.2 Product Overview
10.1.3 Financials
Chapter 11 MRFR Conclusion
11.1 Key Findings
11.1.1 From CEO’s View Point
11.1.2 Unmet Needs Of The Market
Chapter 12 Appendix
LIST OF TABLES
Table 1 Spinal Implants Industry Synopsis, 2017–2023
Table 2 Spinal Implants Market Estimates & Forecast, 2017–2023, (USD Million)
Table 3 Spinal Implants Market, By Region, 2017–2023, (USD Million)
Table 4 Spinal Implants Market, By Configuration, 2017–2023, (USD Million)
Table 5 Spinal Implants Market, By Application, 2017–2023, (USD Million)
Table 6 Spinal Implants Market, By End-U.S.Er, 2017–2023, (USD Million)
Table 7 North America Spinal Implants Market, By Configuration, 2017–2023, (USD Million)
Table 8 North America Spinal Implants Market, By Application, 2017–2023, (USD Million)
Table 9 North America Spinal Implants Market, By End-U.S.Er, 2017–2023, (USD Million)
Table 10 U.S. Spinal Implants Market, By Configuration, 2017–2023, (USD Million)
TOC Continued…
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