Spinal Fusion Devices Market Scope And Analysis

  • Report Code : TIPMD00002296
  • Category : Life Sciences
  • Status : Published
  • No. of Pages : 208
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Spinal Fusion Devices Market Analysis and Scope (2023 to 2030)

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Spinal Fusion Devices Market Report Scope

Report Attribute Details
Market size in 2022 US$ 8.28 Billion
Market Size by 2030 US$ 12.99 Billion
Global CAGR (2022 - 2030) 5.8%
Historical Data 2020-2021
Forecast period 2023-2030
Segments Covered By Product Type
  • Thoracolumbar Devices
  • Cervical Fixation Devices
  • Interbody Fusion Devices
By Surgery Type
  • Open Spine Surgery and Minimally Invasive Spine Surgery
By Disease Indications
  • Degenerative Disc
  • Trauma and Fractures
  • Complex Deformity
By End User
  • Hospitals
  • Specialty Clinics
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • DePuy Synthes Inc
  • Stryker Corp
  • B Braun SE
  • ATEC Spine Inc
  • Globus Medical Inc
  • NuVasive Inc
  • ZimVie Inc
  • Medtronic Plc
  • Centinel Spine LLC
  • Industry Developments and Future Opportunities:

    Various initiatives by key players operating in the Spinal Fusion Devices Market are listed below:

    1. In February 2023, Globus Medical Inc, a prominent musculoskeletal solutions provider, and NUVASIVE, a pioneer in spine technology innovation, agreed to merge in an all-stock transaction. The transaction brings together two well-known musculoskeletal technology companies with a common vision of innovation in the relentless pursuit of unmet clinical requirements to improve patient care.
    2. In November 2022, Centinel Spine LLC announced the first implantation of its prodisc C SK Cervical Total Disc Replacement (TDR) product. The prodisc C SK system is the second of the three new products to be released.
    3. In March 2022, DePuy Synthes Inc acquired CUPTIMIZE Hip-Spine Analysis, providing surgeons with an easy-to-use tool for better understanding and addressing the impact of aberrant mobility between the spine and pelvis in some patients requiring total hip arthroplasty (THA). CUPTIMIZE Hip-Spine Analysis improves the surgical planning capabilities of VELYS Hip Navigation, one of DePuy Synthes' VELYS Digital Surgery platforms of connected technologies.

    Competitive Landscape and Key Companies:

    A few prominent players operating in the spinal fusion devices market are Medtronic PLC, Johnson & Johnson Services Inc, B.Braun SE, Stryker Corp, ATEC Spine Inc, Globus Medical Inc, NuVasive Inc, ZimVie Inc, Centinel Spine LLC, and Orthofix Medical Inc. These companies focus on new product launches and geographic expansions to meet the growing consumer demand worldwide and increase their product range in specialty portfolios. Their global presence allows them to serve a large set of customers, subsequently allowing them to expand their market share.