Spine Implants Global Market Forecast to 2022 [Report Updated: 17052016] Prices from USD $4500

12:56 EDT 18 Aug 2017 | BioPortfolio Report Blog

The spine devices global market is expected to grow at a CAGR of around XX% from 2015 to 2022. The spine column or vertebral column is made of a series of 33 individual bones that interlock with each other to form the spine column. These vertebrae are divided into 5 regions termed cervical, thoracic, lumbar, sacrum, and coccyx. The spine is an important structure in the body which performs functions such as weight bearing and protection of the spinal cord. Increase in ageing population and lifestyle diseases, awareness of minimally invasive surgeries, the emergence of motion preserving nonfusion devices and availability of robotic and customised or patient specific solutions are driving the market growth.

While, high cost for the spine procedures that includes device technology cost, hospital cost, post operative cost, pharmaceuticals, physician cost and lack of reimbursement negatively influence market expansion. The technological advancements in spine surgery requires surgeons to continuously train and improve skills that involves high costs before becoming a qualified practitioner, resulting in shortage of skilled spine surgeons. These factors are hindering market growth.
The Spine Implants global market is segmented based on the product type into fusion and nonfusion products. Further, based on the type of surgical procedure into open and minimally invasive, based on the type of procedure into discectomy, foraminectomy/ foraminotomy, laminectomy/laminotomy, facetectomy and corpectomy. Based on endusers into hospitals and private clinics and based on different geographical regions.

North America accounts for the highest market share followed by AsiaPacific. The steep rise in ageing population, increase in minimally invasive surgeries and favourable government policies makes U.S. the leader of the Spine Implants global market. However, Asian countries especially Japan and China's are the fast growing regions with its growing demand for Spine Implants.

Major players in the Spine Implants global market includes DePuy Synthes U.S., Medtronic Ireland, B Braun Aesculap Germany, Alphatec spineU.S., ExactechU.S., K2M, Inc, LDR Holdings U.S., NuVasive U.S., Stryker U.S., Orthofix International U.S. and ZimmerBiomet U.S..

The report provides an in depth market analysis of the above mentioned segments across the following regions:
North America
Rest of the World RoW

Original Article: Spine Implants Global Market Forecast to 2022 [Report Updated: 17052016] Prices from USD $4500


More From BioPortfolio on "Spine Implants Global Market Forecast to 2022 [Report Updated: 17052016] Prices from USD $4500"

Quick Search


Relevant Topics

Arthroplasty Joint Disorders Orthopedics Spinal Cord Disorders Orthopedics is the science or practice of correcting deformities caused by disease or damage to the bones and joints of the skeleton. This specialized branch of surgery may ...

Spinal Cord Disorders
The spinal cord is a bundle of nerves that runs down the middle of the back which carry signals back and forth between the body and brain. It is protected by vertebrae, which are the bone disks that make up the spine. An accident that damages the verte...