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Spinal Implants and Surgical Devices Market to Witness Growth Acceleration During 2013-2023 : NuVasive, Alphatec, RTI Surgical, DePuy Synthes

The global spinal implants and surgical devices market is anticipated to register growth over the forecast period. Increasing incidences of spinal deformities, increasing demand in minimally invasive surgeries coupled with increasing global geriatric population base is expected to drive the market. Spinal surgeries are prescribed for medical conditions such as spondylolisthesis, traumatic fracture, chronic degenerative disc disease, scoliosis and other spinal instability conditions.

 

New York, NY -- (SBWIRE) -- 03/02/2020 -- The research report on the Spinal Implants and Surgical Devices Market studies every minute and trending aspect in the industry to offer actionable insights to business owners and stakeholders. The detailed information will help the buyers to plan profit-maximising strategies for the forecast period 2013 - 2023. In addition, the literature talks about crucial prospects, such as driving factors, restraining factors, opportunities, trends, and challenges. All of these information will guide the producers to plan their production, take important decisions for growth and expansion, and manage their resources.

The study also sheds light on the geographic segmentation in the key regions. The key factors that are highlighted in the report are changing consumers demand, product preference, disposable income of consumers, import and export status, and existing trends in the regions. Moreover, the report throws light on the unexplored areas, key developments, recent innovations, and growth strategies adopted by xyz industry players.

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The players profiled in the Spinal Implants and Surgical Devices Market are:
DePuy Synthes
Stryker Corporation
NuVasive
Zimmer Biomet
Globus Medical
Alphatec
Orthofix International
K2M Group Holdings
RTI Surgical

The thoracic fusion and lumbar fusion devices segment accounted for the largest share of the spinal implants and surgery devices market in 2019.

Based on product, the spinal implants and surgery devices market is segmented into thoracic fusion and lumbar fusion devices, cervical fusion devices, spine biologics, non-fusion devices, vertebral compression fracture treatment devices, spinal decompression devices, and spine bone stimulators. The thoracic fusion and lumbar fusion devices segment accounted for the largest share of the spinal implants and surgery devices market in 2019. The large share of this segment can be attributed to the increasing incidence of lumbar degenerative disc disease and the growing number of product launches.

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The spinal fusion and fixation technologies segment accounted for the largest share of the spinal implants and surgery devices market in 2019.

On the basis of technology, the spinal implants and surgery devices market is segmented into spinal fusion and fixation, vertebral compression fracture treatment, motion preservation/non-fusion, and spinal decompression technologies. The spinal fusion and fixation technologies segment accounted for the largest share of the spinal implants and surgery devices market in 2019. The large share of this segment can be attributed to the rising incidence of target diseases (such as degenerative disc disease and spinal stenosis) with the growing geriatric population across the globe, a growing number of spinal fusion procedures, and technological advancements in spinal fusion techniques and bone grafting procedures.

The open surgeries segment accounted for the largest share of the spinal implants and surgery devices market in 2019.
Based on the type of surgery, the spinal implants and surgery devices market is segmented into open and minimally invasive surgeries. The open surgeries segment accounted for the largest share of the spinal implants and surgery devices market in 2019. The large share of this segment can be attributed to the increasing preference for open spine surgeries among medical professionals, rising incidence of spinal deformities, and technological advancements in spinal fusion surgeries. In addition, some spine procedures, such as spinal implant insertions, can only be done through open surgeries, which is another major factor supporting market growth.

North America dominates the spinal implants and surgery devices market.
The spinal implants and surgery devices market is segmented into five regional segments, namely, North America, Europe, the Asia Pacific, Latin America, and the Middle East & Africa. The large share of the North American market can be attributed to its highly developed healthcare infrastructure and reimbursement systems and high patient awareness and physician education. However, the Asia Pacific market is estimated to grow at the highest CAGR during the forecast period, primarily due to the improving healthcare infrastructure, rising awareness, improving reimbursement scenario, and the growing insurance coverage in several APAC countries.

Spinal Implants and Surgical Devices Market Breakdown:

By Type:
By product type, the report identifies the dominant segment amongst others and provides statistical information for better understanding to business owners and other buyers. The report also offers clear picture on the expected dominant sub-segment that guides the industry players to focus on and plan future policies.

By Application:
By application, the researchers have delivered details on key sub-segments that will help the producers get information about the exact demand for their product offerings. The report further states details on product demand in the previous years and highlights on the existing demanding pattern. This enables the manufacturing companies to predict the future demand and plan their production consequently.

By End User:
Experts have delivered insights on the sub-segment that holds larger share of the market. Manufacturing companies can hence, identify the end user industry that requires their product offering on a large scale to plan their production quantity and satisfy end use industry.

Few Points of TOC :

Chapter 1 Overview of Spinal Implants and Surgical Devices
1.1 Definition of Spinal Implants and Surgical Devices in This Report
1.2 Commercial Types of Spinal Implants and Surgical Devices
1.2.1 Thoracic Fusion and Lumbar Fusion Devices
1.2.2 Cervical Fusion Devices
1.2.3 Spine Biologics
1.2.4 Vertebral Compression Fracture Treatment Devices
1.2.5 Non-fusion Devices
1.2.6 Spine Bone Stimulators
1.2.7 Spinal Decompression Devices
1.3 Downstream Application of Spinal Implants and Surgical Devices
1.3.1 Open Surgery
1.3.2 Minimally Invasive Surgery
1.4 Development History of Spinal Implants and Surgical Devices
1.5 Market Status and Trend of Spinal Implants and Surgical Devices 2013-2023
1.5.1 Global Spinal Implants and Surgical Devices Market Status and Trend 2013-2023
1.5.2 Regional Spinal Implants and Surgical Devices Market Status and Trend 2013-2023

Chapter 2 Global Market Status and Forecast by Regions
2.1 Market Development of Spinal Implants and Surgical Devices 2013-2017
2.2 Sales Market of Spinal Implants and Surgical Devices by Regions
2.2.1 Sales Volume of Spinal Implants and Surgical Devices by Regions
2.2.2 Sales Value of Spinal Implants and Surgical Devices by Regions
2.3 Production Market of Spinal Implants and Surgical Devices by Regions
2.4 Global Market Forecast of Spinal Implants and Surgical Devices 2018-2023
2.4.1 Global Market Forecast of Spinal Implants and Surgical Devices 2018-2023
2.4.2 Market Forecast of Spinal Implants and Surgical Devices by Regions 2018-2023

Chapter 3 Global Market Status and Forecast by Types
3.1 Sales Volume of Spinal Implants and Surgical Devices by Types
3.2 Sales Value of Spinal Implants and Surgical Devices by Types
3.3 Market Forecast of Spinal Implants and Surgical Devices by Types

Chapter 4 Global Market Status and Forecast by Downstream Industry
4.1 Global Sales Volume of Spinal Implants and Surgical Devices by Downstream Industry
4.2 Global Market Forecast of Spinal Implants and Surgical Devices by Downstream Industry

Chapter 5 North America Market Status by Countries, Type, Manufacturers and Downstream Industry
5.1 North America Spinal Implants and Surgical Devices Market Status by Countries
5.1.1 North America Spinal Implants and Surgical Devices Sales by Countries (2013-2017)
5.1.2 North America Spinal Implants and Surgical Devices Revenue by Countries (2013-2017)
5.1.3 United States Spinal Implants and Surgical Devices Market Status (2013-2017)
5.1.4 Canada Spinal Implants and Surgical Devices Market Status (2013-2017)
5.1.5 Mexico Spinal Implants and Surgical Devices Market Status (2013-2017)
5.2 North America Spinal Implants and Surgical Devices Market Status by Manufacturers
5.3 North America Spinal Implants and Surgical Devices Market Status by Type (2013-2017)
5.3.1 North America Spinal Implants and Surgical Devices Sales by Type (2013-2017)
5.3.2 North America Spinal Implants and Surgical Devices Revenue by Type (2013-2017)
5.4 North America Spinal Implants and Surgical Devices Market Status by Downstream Industry (2013-2017)
Continue…

Reasons for Spinal Implants and Surgical Devices Market Report:
This report provides pin-point analysis for changing competitive dynamics
It provides a forward looking perspective on different factors driving or restraining market growth
It helps in understanding the key product segments and their future
It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments

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The latest market data for this research include:
Overall Spinal Implants and Surgical Devices Market size, 2013-2023
Spinal Implants and Surgical Devices Market size by product segment, 2013-2023
Growth rates of the overall Spinal Implants and Surgical Devices Market and different product segments, 2013-2023
Shares of different product segments of the overall xyz market, 2019, 2021 and 2023
Market Potential Rates of the overall Spinal Implants and Surgical Devices Market and different product segments

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