Interventional Spine Devices Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis
Painful spinal injuries and disorders are treated with the help of interventional spine procedures. Interventional treatment methods for spinal back and neck pain are safer and more reliable than conventional therapy methods. Modern procedures are minimally invasive alternatives to traditional surgery procedures. Herniated discs, spondylolisthesis, prolapsed intervertebral disc, and spinal stenosis are among the most common spinal disorders. Degenerative alterations in the spinal discs, such as spinal facets and intervertebral discs, can also occur due to osteoporosis, requiring surgical intervention. This bone disorder can make bones more delicate, brittle, and frail, making them more vulnerable to fractures. Interventional treatments aid in the reduction of pain and improve bone integrity.
MARKET DYNAMICS
Factors driving the interventional spine devices market's growth are shift in physician preference for minimally invasive procedures, and demand for rapid recovery reduced hospital stays, and better patient outcome. However, high cost of the surgery is likely to hinder the market's growth. However, launch of new products, and increase in the number of clinical trials is likely to create growth opportunities for interventional spine devices market globally.
MARKET SCOPE
The "Interventional Spine Devices Market Analysis to 2031" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of interventional spine devices market with detailed market segmentation by application, and end user. The interventional spine devices market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading players in interventional spine devices market and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The interventional spine devices market is segmented on the basis of application, and end user. On the basis of application, the market is categorized as kyphoplasty, vertebroplasty, radiofrequency ablation, and others. On the basis of end user the market is categorized as hospitals, ambulatory surgical centers, 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 interventional spine devices 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 interventional spine devices 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 interventional spine devices market from both demand and supply side and further evaluates market dynamics affecting the market during 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 interventional spine devices 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 interventional spine devices 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 interventional spine devices 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 interventional spine devices market from both demand and supply side and further evaluates market dynamics affecting the market during 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 interventional spine devices market in these regions.
MARKET PLAYERS
The report covers key developments in the interventional spine devices 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 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 players from interventional spine devices market are anticipated to have lucrative growth opportunities in the future with the rising demand for interventional spine devices in the global market. Below mentioned is the list of few companies engaged in the interventional spine devices market.
The report also includes the profiles of key players in interventional spine devices market along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, products and services offered, financial information of last 3 years, key development in past five years.
- Stryker Corporation
- Globus Medical, Inc.
- Medtronic Plc
- Nuvasive, Inc.
- Zimmer Biomet Holdings, Inc.
- Alphatec Holdings, Inc.
- Integra LifeSciences Corporation
- RTI Surgical Holdings, Inc.
- Globus Medical, Inc.
- DePuy Synthes Products
The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the existing study.
- 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 Interventional Spine Devices Market - By Application
1.3.2 Interventional Spine Devices Market - By End User
1.3.3 Interventional Spine Devices Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. INTERVENTIONAL SPINE DEVICES 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. INTERVENTIONAL SPINE DEVICES 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 AND RESTRAINTS
6. INTERVENTIONAL SPINE DEVICES MARKET - GLOBAL MARKET ANALYSIS
6.1. INTERVENTIONAL SPINE DEVICES - GLOBAL MARKET OVERVIEW
6.2. INTERVENTIONAL SPINE DEVICES - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. INTERVENTIONAL SPINE DEVICES MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
7.1. OVERVIEW
7.2. APPLICATION MARKET FORECASTS AND ANALYSIS
7.3. KYPHOPLASTY
7.3.1. Overview
7.3.2. Kyphoplasty Market Forecast and Analysis
7.4. VERTEBROPLASTY
7.4.1. Overview
7.4.2. Vertebroplasty Market Forecast and Analysis
7.5. RADIOFREQUENCY ABLATION
7.5.1. Overview
7.5.2. Radiofrequency Ablation Market Forecast and Analysis
7.6. OTHERS
7.6.1. Overview
7.6.2. Others Market Forecast and Analysis
8. INTERVENTIONAL SPINE DEVICES MARKET - REVENUE AND FORECASTS TO 2028 - END USER
8.1. OVERVIEW
8.2. END USER MARKET FORECASTS AND ANALYSIS
8.3. HOSPITALS
8.3.1. Overview
8.3.2. Hospitals Market Forecast and Analysis
8.4. AMBULATORY SURGICAL CENTERS
8.4.1. Overview
8.4.2. Ambulatory Surgical Centers Market Forecast and Analysis
8.5. OTHERS
8.5.1. Overview
8.5.2. Others Market Forecast and Analysis
9. INTERVENTIONAL SPINE DEVICES MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Interventional Spine Devices Market Overview
9.1.2 North America Interventional Spine Devices Market Forecasts and Analysis
9.1.3 North America Interventional Spine Devices Market Forecasts and Analysis - By Application
9.1.4 North America Interventional Spine Devices Market Forecasts and Analysis - By End User
9.1.5 North America Interventional Spine Devices Market Forecasts and Analysis - By Countries
9.1.5.1 United States Interventional Spine Devices Market
9.1.5.1.1 United States Interventional Spine Devices Market by Application
9.1.5.1.2 United States Interventional Spine Devices Market by End User
9.1.5.2 Canada Interventional Spine Devices Market
9.1.5.2.1 Canada Interventional Spine Devices Market by Application
9.1.5.2.2 Canada Interventional Spine Devices Market by End User
9.1.5.3 Mexico Interventional Spine Devices Market
9.1.5.3.1 Mexico Interventional Spine Devices Market by Application
9.1.5.3.2 Mexico Interventional Spine Devices Market by End User
9.2. EUROPE
9.2.1 Europe Interventional Spine Devices Market Overview
9.2.2 Europe Interventional Spine Devices Market Forecasts and Analysis
9.2.3 Europe Interventional Spine Devices Market Forecasts and Analysis - By Application
9.2.4 Europe Interventional Spine Devices Market Forecasts and Analysis - By End User
9.2.5 Europe Interventional Spine Devices Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Interventional Spine Devices Market
9.2.5.1.1 Germany Interventional Spine Devices Market by Application
9.2.5.1.2 Germany Interventional Spine Devices Market by End User
9.2.5.2 France Interventional Spine Devices Market
9.2.5.2.1 France Interventional Spine Devices Market by Application
9.2.5.2.2 France Interventional Spine Devices Market by End User
9.2.5.3 Italy Interventional Spine Devices Market
9.2.5.3.1 Italy Interventional Spine Devices Market by Application
9.2.5.3.2 Italy Interventional Spine Devices Market by End User
9.2.5.4 Spain Interventional Spine Devices Market
9.2.5.4.1 Spain Interventional Spine Devices Market by Application
9.2.5.4.2 Spain Interventional Spine Devices Market by End User
9.2.5.5 United Kingdom Interventional Spine Devices Market
9.2.5.5.1 United Kingdom Interventional Spine Devices Market by Application
9.2.5.5.2 United Kingdom Interventional Spine Devices Market by End User
9.2.5.6 Rest of Europe Interventional Spine Devices Market
9.2.5.6.1 Rest of Europe Interventional Spine Devices Market by Application
9.2.5.6.2 Rest of Europe Interventional Spine Devices Market by End User
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Interventional Spine Devices Market Overview
9.3.2 Asia-Pacific Interventional Spine Devices Market Forecasts and Analysis
9.3.3 Asia-Pacific Interventional Spine Devices Market Forecasts and Analysis - By Application
9.3.4 Asia-Pacific Interventional Spine Devices Market Forecasts and Analysis - By End User
9.3.5 Asia-Pacific Interventional Spine Devices Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Interventional Spine Devices Market
9.3.5.1.1 Australia Interventional Spine Devices Market by Application
9.3.5.1.2 Australia Interventional Spine Devices Market by End User
9.3.5.2 China Interventional Spine Devices Market
9.3.5.2.1 China Interventional Spine Devices Market by Application
9.3.5.2.2 China Interventional Spine Devices Market by End User
9.3.5.3 India Interventional Spine Devices Market
9.3.5.3.1 India Interventional Spine Devices Market by Application
9.3.5.3.2 India Interventional Spine Devices Market by End User
9.3.5.4 Japan Interventional Spine Devices Market
9.3.5.4.1 Japan Interventional Spine Devices Market by Application
9.3.5.4.2 Japan Interventional Spine Devices Market by End User
9.3.5.5 South Korea Interventional Spine Devices Market
9.3.5.5.1 South Korea Interventional Spine Devices Market by Application
9.3.5.5.2 South Korea Interventional Spine Devices Market by End User
9.3.5.6 Rest of Asia-Pacific Interventional Spine Devices Market
9.3.5.6.1 Rest of Asia-Pacific Interventional Spine Devices Market by Application
9.3.5.6.2 Rest of Asia-Pacific Interventional Spine Devices Market by End User
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Interventional Spine Devices Market Overview
9.4.2 Middle East and Africa Interventional Spine Devices Market Forecasts and Analysis
9.4.3 Middle East and Africa Interventional Spine Devices Market Forecasts and Analysis - By Application
9.4.4 Middle East and Africa Interventional Spine Devices Market Forecasts and Analysis - By End User
9.4.5 Middle East and Africa Interventional Spine Devices Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Interventional Spine Devices Market
9.4.5.1.1 South Africa Interventional Spine Devices Market by Application
9.4.5.1.2 South Africa Interventional Spine Devices Market by End User
9.4.5.2 Saudi Arabia Interventional Spine Devices Market
9.4.5.2.1 Saudi Arabia Interventional Spine Devices Market by Application
9.4.5.2.2 Saudi Arabia Interventional Spine Devices Market by End User
9.4.5.3 U.A.E Interventional Spine Devices Market
9.4.5.3.1 U.A.E Interventional Spine Devices Market by Application
9.4.5.3.2 U.A.E Interventional Spine Devices Market by End User
9.4.5.4 Rest of Middle East and Africa Interventional Spine Devices Market
9.4.5.4.1 Rest of Middle East and Africa Interventional Spine Devices Market by Application
9.4.5.4.2 Rest of Middle East and Africa Interventional Spine Devices Market by End User
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Interventional Spine Devices Market Overview
9.5.2 South and Central America Interventional Spine Devices Market Forecasts and Analysis
9.5.3 South and Central America Interventional Spine Devices Market Forecasts and Analysis - By Application
9.5.4 South and Central America Interventional Spine Devices Market Forecasts and Analysis - By End User
9.5.5 South and Central America Interventional Spine Devices Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Interventional Spine Devices Market
9.5.5.1.1 Brazil Interventional Spine Devices Market by Application
9.5.5.1.2 Brazil Interventional Spine Devices Market by End User
9.5.5.2 Argentina Interventional Spine Devices Market
9.5.5.2.1 Argentina Interventional Spine Devices Market by Application
9.5.5.2.2 Argentina Interventional Spine Devices Market by End User
9.5.5.3 Rest of South and Central America Interventional Spine Devices Market
9.5.5.3.1 Rest of South and Central America Interventional Spine Devices Market by Application
9.5.5.3.2 Rest of South and Central America Interventional Spine Devices Market by End User
10. IMPACT OF COVID-19 PANDEMIC ON GLOBAL INTERVENTIONAL SPINE DEVICES MARKET
10.1 North America
10.2 Europe
10.3 Asia-Pacific
10.4 Middle East and Africa
10.5 South and Central America
11. INDUSTRY LANDSCAPE
11.1. MERGERS AND ACQUISITIONS
11.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
11.3. NEW PRODUCT LAUNCHES
11.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
12. INTERVENTIONAL SPINE DEVICES MARKET, KEY COMPANY PROFILES
12.1. STRYKER CORPORATION
12.1.1. Key Facts
12.1.2. Business Description
12.1.3. Products and Services
12.1.4. Financial Overview
12.1.5. SWOT Analysis
12.1.6. Key Developments
12.2. GLOBUS MEDICAL, INC.
12.2.1. Key Facts
12.2.2. Business Description
12.2.3. Products and Services
12.2.4. Financial Overview
12.2.5. SWOT Analysis
12.2.6. Key Developments
12.3. MEDTRONIC PLC
12.3.1. Key Facts
12.3.2. Business Description
12.3.3. Products and Services
12.3.4. Financial Overview
12.3.5. SWOT Analysis
12.3.6. Key Developments
12.4. NUVASIVE, INC.
12.4.1. Key Facts
12.4.2. Business Description
12.4.3. Products and Services
12.4.4. Financial Overview
12.4.5. SWOT Analysis
12.4.6. Key Developments
12.5. ZIMMER BIOMET HOLDINGS, INC.
12.5.1. Key Facts
12.5.2. Business Description
12.5.3. Products and Services
12.5.4. Financial Overview
12.5.5. SWOT Analysis
12.5.6. Key Developments
12.6. ALPHATEC HOLDINGS, INC.
12.6.1. Key Facts
12.6.2. Business Description
12.6.3. Products and Services
12.6.4. Financial Overview
12.6.5. SWOT Analysis
12.6.6. Key Developments
12.7. INTEGRA LIFESCIENCES CORPORATION
12.7.1. Key Facts
12.7.2. Business Description
12.7.3. Products and Services
12.7.4. Financial Overview
12.7.5. SWOT Analysis
12.7.6. Key Developments
12.8. RTI SURGICAL HOLDINGS, INC.
12.8.1. Key Facts
12.8.2. Business Description
12.8.3. Products and Services
12.8.4. Financial Overview
12.8.5. SWOT Analysis
12.8.6. Key Developments
12.9. GLOBUS MEDICAL, INC.
12.9.1. Key Facts
12.9.2. Business Description
12.9.3. Products and Services
12.9.4. Financial Overview
12.9.5. SWOT Analysis
12.9.6. Key Developments
12.10. DEPUY SYNTHES PRODUCTS
12.10.1. Key Facts
12.10.2. Business Description
12.10.3. Products and Services
12.10.4. Financial Overview
12.10.5. SWOT Analysis
12.10.6. Key Developments
13. APPENDIX
13.1. ABOUT THE INSIGHT PARTNERS
13.2. GLOSSARY OF TERMS
1. Stryker Corporation
2. Globus Medical, Inc.
3. Medtronic Plc
4. Nuvasive, Inc.
5. Zimmer Biomet Holdings, Inc.
6. Alphatec Holdings, Inc.
7. Integra LifeSciences Corporation
8. RTI Surgical Holdings, Inc.
9. Globus Medical, Inc.
10. DePuy Synthes Products
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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