Spinal Surgery Devices Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

Spinal fusion or spondylodesis is a neurosurgical or orthopedic surgical technique that joins two or more vertebrae, and it can be performed at any level in the spine and prevents any movement between the fused vertebrae. Spinal fusion is commonly performed to relieve the pain and pressure on the spinal cord. Transforaminal lumbar interbody fusion is a surgery used to treat disc problems in the lower back. Fusion locks together two or more bones to stop painful motion and relieve pinched nerves. Through small, minimally invasive incisions in the back, the disc is removed.

MARKET DYNAMICS

The spinal surgery devices market is anticipated to grow in the market by increasing the adoption rate of minimally invasive spinal surgeries, increasing technological advancements in spinal surgery, and increasing incidences of obesity and degenerative spinal conditions. Furthermore, with the growing geriatric population, the number of people suffering from lower back pain and other degenerative spinal conditions is expected to increase during the forecast period.

MARKET SCOPE

The "Spinal Surgery 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 in spinal surgery devices market with detailed market segmentation by device type and geography. The spinal surgery devices market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading in spinal surgery devices market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The spinal surgery devices market is segmented on the basis of device type. Based on device type the market is segmented as spinal decompression, spinal fusion, fracture repair devices, arthroplasty devices and non-fusion devices. Further, on the basis of spinal decompression the market is categorized as corpectomy, discectomy, facetectomy, foraminotomy, and laminotomy. Further, on the basis of spinal fusion the market is categorized as cervical fusion, interbody fusion, thoracolumbar fusion and other spinal fusions.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the in spinal surgery 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 spinal surgery 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 spinal surgery 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 spinal surgery devices market in these regions.

Spinal Surgery Devices Market Report Analysis

Spinal Surgery Devices Market

• 
  CAGR (2023 - 2031)

  XX%
• Market Size 2023
  US$ XX Million
• Market Size 2031
  US$ XX Million

Report Coverage

• Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope

• Key future trends
• Detailed PEST/Porter’s Five Forces and SWOT analysis

• Industry landscape and competition analysis & recent developments
• Detailed company profiles

• Global and regional market analysis covering key market trends, major players, regulations, and recent market developments

Key Players

• Alphatec Spine Inc.
• Depuy Synthes Spine Inc. (Johnson & Johnson)
• Globus Medical Inc.
• Joimax GmbH
• Medtronic PLC
• Nuvasive Inc.
• Orthofix Holdings Inc.
• SeaSpine Holdings Corporation
• Styker Corporation

Regional Overview

• North America
• Europe
• Asia-Pacific
• South and Central America
• Middle East and Africa

Market Segmentation

By Device Type

• Spinal Decompression
• Spinal Fusion
• Fracture Repair Devices
• Arthroplasty Devices
• Non-fusion Devices

MARKET PLAYERS

The report covers key developments in the in spinal surgery 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 in spinal surgery devices market are anticipated to have lucrative growth opportunities in the future with the rising demand for in spinal surgery devices market in the global market. Below mentioned is the list of few companies engaged in the Spinal Surgery Devices market.

The report also includes the profiles of key in spinal surgery devices 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.

•  Alphatec Spine Inc.
•  Depuy Synthes Spine Inc. (Johnson & Johnson)
•  Globus Medical Inc.
•  Joimax GmbH
•  Medtronic PLC
•  Nuvasive Inc.
•  Orthofix Holdings Inc.
•  SeaSpine Holdings Corporation
•  Styker Corporation
•  Zimmer Holdings Inc.

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.

Spinal Surgery Devices Market Report Scope