Interspinous Spacers Market Dynamics 2021-2031
Interspinous Spacers are small devices implanted in the spinous processes to provide dynamic stabilization as an alternative to decompressive surgery. These are proposed for the distraction of the adjacent lamina or spinous processes and arrest the extension for pain reduction in patient with lumbar spinous stenosis and other such conditions.
MARKET DYNAMICS
The Interspinous Spacers market is anticipated to grow in the forecast period owing to driving factors such as rising prevalence of degenerative spinal conditions, growing geriatric population, high adoption of minimally invasive surgeries, technological advancements, acceptance and awareness of Interspinous spacers and high prevalence of the condition among the older population. Nevertheless, limited number of market players, strict regulatory scenario for the implantable device, high cost of spinal surgery procedures and dearth of professionally trained surgeons are expected to restrict the market growth during the forecast period.
MARKET SCOPE
The "Global Interspinous Spacers Market Analysis to 2031" is a specialized and in-depth study of the medical device industry with a special focus on the global market trend analysis. The report aims to provide an overview of Interspinous Spacers market with detailed market segmentation by Type, Application and geography. The global Interspinous Spacers market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Interspinous Spacers market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global Interspinous Spacers market is segmented on the basis of Type and Applications. Based on Type the market is segmented into Static Spacers and Dynamic Spacers. Based on Application the market is segmented into Lumbar Spinal Stenosis, Grade 1 Degenerative Spondylolisthesis, Discogenic Low Back Pain and Others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Interspinous Spacers market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The Interspinous Spacers market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting Interspinous Spacers market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the Interspinous Spacers market in these regions.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Interspinous Spacers market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The Interspinous Spacers market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting Interspinous Spacers market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the Interspinous Spacers market in these regions.
MARKET PLAYERSThe reports cover key developments in the Interspinous Spacers Market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market payers from Interspinous Spacers Market are anticipated to lucrative growth opportunities in the future with the rising demand for Interspinous Spacers in the global market. Below mentioned is the list of few companies engaged in the Interspinous Spacers market.
The report also includes the profiles of key Interspinous Spacers market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Medtronic
- NuVasive, Inc
- Paradigm Spine
- Zimmer Biomet
- Vertiflex, Inc
- Life Spine
- Globus Medical, Inc
- Synthes GmbH
- Mikai S.p.A
- Alphatec Spine, Inc.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Interspinous Spacers Market - By Type
1.3.2 Interspinous Spacers Market - By Applications
1.3.3 Interspinous Spacers Market - By Region
1.3.3.1 By Country
2. KEY TAKEWAYS
3. RESEARCH METHODOLOGY
4. INTERSPINOUS SPACERS MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. INTERSPINOUS SPACERS MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC
6. INTERSPINOUS SPACERS MARKET - GLOBAL MARKET ANALYSIS
6.1. INTERSPINOUS SPACERS - GLOBAL MARKET OVERVIEW
6.2. INTERSPINOUS SPACERS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. INTERSPINOUS SPACERS MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. STATIC SPACERS
7.3.1. Overview
7.3.2. Static Spacers Market Forecast and Analysis
7.4. DYNAMIC SPACERS
7.4.1. Overview
7.4.2. Dynamic Spacers Market Forecast and Analysis
8. INTERSPINOUS SPACERS MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATIONS
8.1. OVERVIEW
8.2. APPLICATIONS MARKET FORECASTS AND ANALYSIS
8.3. LUMBAR SPINAL STENOSIS
8.3.1. Overview
8.3.2. Lumbar Spinal Stenosis Market Forecast and Analysis
8.4. GRADE 1 DEGENERATIVE SPONDYLOLISTHESIS
8.4.1. Overview
8.4.2. Grade 1 Degenerative Spondylolisthesis Market Forecast and Analysis
8.5. DISCOGENIC LOW BACK PAIN
8.5.1. Overview
8.5.2. Discogenic Low Back Pain Market Forecast and Analysis
8.6. OTHERS.
8.6.1. Overview
8.6.2. Others. Market Forecast and Analysis
9. INTERSPINOUS SPACERS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Interspinous Spacers Market Overview
9.1.2 North America Interspinous Spacers Market Forecasts and Analysis
9.1.3 North America Interspinous Spacers Market Forecasts and Analysis - By Type
9.1.4 North America Interspinous Spacers Market Forecasts and Analysis - By Applications
9.1.5 North America Interspinous Spacers Market Forecasts and Analysis - By Countries
9.1.5.1 United States Interspinous Spacers Market
9.1.5.1.1 United States Interspinous Spacers Market by Type
9.1.5.1.2 United States Interspinous Spacers Market by Applications
9.1.5.2 Canada Interspinous Spacers Market
9.1.5.2.1 Canada Interspinous Spacers Market by Type
9.1.5.2.2 Canada Interspinous Spacers Market by Applications
9.1.5.3 Mexico Interspinous Spacers Market
9.1.5.3.1 Mexico Interspinous Spacers Market by Type
9.1.5.3.2 Mexico Interspinous Spacers Market by Applications
9.1.5.4 US Interspinous Spacers Market
9.1.5.4.1 US Interspinous Spacers Market by Type
9.1.5.4.2 US Interspinous Spacers Market by Applications
9.2. EUROPE
9.2.1 Europe Interspinous Spacers Market Overview
9.2.2 Europe Interspinous Spacers Market Forecasts and Analysis
9.2.3 Europe Interspinous Spacers Market Forecasts and Analysis - By Type
9.2.4 Europe Interspinous Spacers Market Forecasts and Analysis - By Applications
9.2.5 Europe Interspinous Spacers Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Interspinous Spacers Market
9.2.5.1.1 Germany Interspinous Spacers Market by Type
9.2.5.1.2 Germany Interspinous Spacers Market by Applications
9.2.5.2 France Interspinous Spacers Market
9.2.5.2.1 France Interspinous Spacers Market by Type
9.2.5.2.2 France Interspinous Spacers Market by Applications
9.2.5.3 Italy Interspinous Spacers Market
9.2.5.3.1 Italy Interspinous Spacers Market by Type
9.2.5.3.2 Italy Interspinous Spacers Market by Applications
9.2.5.4 Spain Interspinous Spacers Market
9.2.5.4.1 Spain Interspinous Spacers Market by Type
9.2.5.4.2 Spain Interspinous Spacers Market by Applications
9.2.5.5 United Kingdom Interspinous Spacers Market
9.2.5.5.1 United Kingdom Interspinous Spacers Market by Type
9.2.5.5.2 United Kingdom Interspinous Spacers Market by Applications
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Interspinous Spacers Market Overview
9.3.2 Asia-Pacific Interspinous Spacers Market Forecasts and Analysis
9.3.3 Asia-Pacific Interspinous Spacers Market Forecasts and Analysis - By Type
9.3.4 Asia-Pacific Interspinous Spacers Market Forecasts and Analysis - By Applications
9.3.5 Asia-Pacific Interspinous Spacers Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Interspinous Spacers Market
9.3.5.1.1 Australia Interspinous Spacers Market by Type
9.3.5.1.2 Australia Interspinous Spacers Market by Applications
9.3.5.2 China Interspinous Spacers Market
9.3.5.2.1 China Interspinous Spacers Market by Type
9.3.5.2.2 China Interspinous Spacers Market by Applications
9.3.5.3 India Interspinous Spacers Market
9.3.5.3.1 India Interspinous Spacers Market by Type
9.3.5.3.2 India Interspinous Spacers Market by Applications
9.3.5.4 Japan Interspinous Spacers Market
9.3.5.4.1 Japan Interspinous Spacers Market by Type
9.3.5.4.2 Japan Interspinous Spacers Market by Applications
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Interspinous Spacers Market Overview
9.4.2 Middle East and Africa Interspinous Spacers Market Forecasts and Analysis
9.4.3 Middle East and Africa Interspinous Spacers Market Forecasts and Analysis - By Type
9.4.4 Middle East and Africa Interspinous Spacers Market Forecasts and Analysis - By Applications
9.4.5 Middle East and Africa Interspinous Spacers Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Interspinous Spacers Market
9.4.5.1.1 South Africa Interspinous Spacers Market by Type
9.4.5.1.2 South Africa Interspinous Spacers Market by Applications
9.4.5.2 Saudi Arabia Interspinous Spacers Market
9.4.5.2.1 Saudi Arabia Interspinous Spacers Market by Type
9.4.5.2.2 Saudi Arabia Interspinous Spacers Market by Applications
9.4.5.3 U.A.E Interspinous Spacers Market
9.4.5.3.1 U.A.E Interspinous Spacers Market by Type
9.4.5.3.2 U.A.E Interspinous Spacers Market by Applications
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Interspinous Spacers Market Overview
9.5.2 South and Central America Interspinous Spacers Market Forecasts and Analysis
9.5.3 South and Central America Interspinous Spacers Market Forecasts and Analysis - By Type
9.5.4 South and Central America Interspinous Spacers Market Forecasts and Analysis - By Applications
9.5.5 South and Central America Interspinous Spacers Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Interspinous Spacers Market
9.5.5.1.1 Brazil Interspinous Spacers Market by Type
9.5.5.1.2 Brazil Interspinous Spacers Market by Applications
9.5.5.2 Argentina Interspinous Spacers Market
9.5.5.2.1 Argentina Interspinous Spacers Market by Type
9.5.5.2.2 Argentina Interspinous Spacers Market by Applications
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. INTERSPINOUS SPACERS MARKET, KEY COMPANY PROFILES
11.1. MEDTRONIC
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. NUVASIVE, INC
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. PARADIGM SPINE
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. ZIMMER BIOMET
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. VERTIFLEX, INC
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. LIFE SPINE
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. GLOBUS MEDICAL, INC
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. SYNTHES GMBH
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. MIKAI S.P.A
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. ALPHATEC SPINE, INC.
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
- Medtronic
- NuVasive, Inc
- Paradigm Spine
- Zimmer Biomet
- Vertiflex, Inc
- Life Spine
- Globus Medical, Inc
- Synthes GmbH
- Mikai S. p. A
- Alphatec Spine, Inc.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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