An abnormal curve in the spine, such as kyphosis or scoliosis, is known as a spinal deformity. It can affect spine’s ability to do its job, leading to pain, neurological problems, and mobility challenges. Spinal deformity can occur as a result of injury, birth defect, previous spine surgery, child growth, or aging. Degenerative scoliosis is the most common type of spinal deformity in adults. The major symptoms may include mid-to-lower back, and weakness or numbness in the feet or legs. However, not all adults with degenerative scoliosis experience pain.
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High prevalence of degenerative disc disease across the globe is expected to boost the growth of the global adult spinal deformity market. For instance, according to the National Center for Biotechnology Information (NCBI), in 2018, more than 266 million people around the world diagnosed with lumbar degenerative spine disease (DSD).
Moreover, market players are adopting various inorganic strategies, such as product approvals and launches, which in turn is also expected to augment the growth of the global adult spinal deformity market. For instance, in September 2021, SeaSpine Holdings Corp. announced the limited commercial launch and completion of initial surgeries of the Mariner Adult Deformity Pedicle Screw System.
High cost of treatment, such as artificial disc replacement or spinal fusion, is expected to hinder growth of the global adult spinal deformity market. For instance, in the United States, average cost of disc replacement surgery ranges between US$ 16,000 to 46,000.
North America and Europe are expected to witness robust growth in the global adult spinal deformity market owing to the increasing cases of neck pain and lower back pain in adults and growing geriatric population in these regions. For instance, according to the article published in May 2017 in the National Center of Biotechnology Information, in the U.S., around 20% to 70% adults experience neck pain and around 60% to 80% adults experience back pain, which may interfere daily activities during their lifetime.
Moreover, Asia Pacific is expected to witness strong growth in the global adult spinal deformity market due to the frequent approvals and launches of novel products in the region. For instance, in July 2016, Orthofix International announced regulatory approval from the Japanese Ministry of Health, Labor and Welfare (MHLW) of the PHOENIX Minimally Invasive Spinal (MIS) Fixation System. The introduction of PHOENIX will set the stage for Orthofix to bring more of its innovative spine technologies to this important market in the near future.
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Major players active in the global adult spinal deformity market are Stryker, NuVasive, Inc., B. Braun Melsungen AG, Globus Medical, Zimmer Biomet, Orthofix Medical Inc., SeaSpine RTI Surgical, Abbott, and Boston Scientific Corporation, among others.
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◘ Compares data from North America, South America, Asia Pacific Europe and Middle East Africa, alongside individual chapters on each region
The next part also sheds light on the gap between supply and consumption. Apart from the mentioned information, growth rate of Adult Spinal Deformity Market in 2028 is also explained. Additionally, type wise and application wise consumption tables and figures of Adult Spinal Deformity Market are also given.
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Table of Content
Chapter 1 Industry Overview
1.3 Research Scope
1.4 Market Analysis by Regions
1.5 Adult Spinal Deformity Market Size Analysis from 2022 to 2028
11.6 COVID-19 Outbreak: Adult Spinal Deformity Industry Impact
Chapter 2 Global Adult Spinal Deformity Competition by Types, Applications, and Top Regions and Countries
2.1 Global Adult Spinal Deformity (Volume and Value) by Type
2.3 Global Adult Spinal Deformity (Volume and Value) by Regions
Chapter 3 Production Market Analysis
3.1 Global Production Market Analysis
3.2 Regional Production Market Analysis
Chapter 4 Global Adult Spinal Deformity Sales, Consumption, Export, Import by Regions
Chapter 5 North America Adult Spinal Deformity Market Analysis
Chapter 6 East Asia Adult Spinal Deformity Market Analysis
Chapter 7 Europe Adult Spinal Deformity Market Analysis
Chapter 8 South Asia Adult Spinal Deformity Market Analysis
Chapter 9 Southeast Asia Adult Spinal Deformity Market Analysis
Chapter 10 Middle East Adult Spinal Deformity Market Analysis
Chapter 11 Africa Adult Spinal Deformity Market Analysis
Chapter 12 Oceania Adult Spinal Deformity Market Analysis
Chapter 13 South America Adult Spinal Deformity Market Analysis
Chapter 14 Company Profiles and Key Figures in Adult Spinal Deformity Business
Chapter 15 Global Adult Spinal Deformity Market Forecast (2022-2028)
Chapter 16 Conclusions
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