The global spinal implants and surgery devices market is projected to be worth USD 14.70 Billion by 2027, according to a current analysis by Emergen Research. The spinal implants and surgical devices market is observing high demand attributed to the rising occurrence of spinal disorders. According to the statistics released by the World Health Organization (WHO), annually across the globe, the number of individuals who experience spinal cord injury lies in the range of 250 000 and 500 000.

North America, led by the US, dominated the market in 2019. The spinal implants and surgery devices market dominance of North America is due to the rapid technological advancement and adoption in healthcare, growing geriatric population, and improved reimbursement policies to incentivize intricate fusion surgery in spinal implants.

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Key Highlights From The Report

• Spine biologics are likely to grow at a significant rate in the forecast period, owing to the increasing demand for spine implants. These are deployed to accomplish arthrodesis during the treatment of symptomatic deformity/instability treatment.
• Spine fusion finds widespread usage in the treatment of spine tumors, trauma, and degenerative disorders.
• The key advantage of motion preservation spine surgery is in offering patients with major structural spinal issues a better substitute to spinal fusion that is a time-consuming procedure.
• Key participants include Stryker Corporation, RTI Surgical Inc., Nuvasive Inc., Zimmer Biomet Holdings Inc., Boston Scientific, Depuy Synthes, B. Braun Melsungen, Abbott Laboratories, Orthofix International NV, and Medtronic PLC, among others.

Spinal Implants and Surgery Devices Market Segmentation:

Emergen Research has segmented the global spinal implants and surgery devices market on the basis of product type, technology, surgery type, end-user, and region:

• Product Type Outlook (Revenue, USD Billion; 2017-2027)
  • Thoracic Fusion & Lumbar Fusion Devices
    1. Posterior
    2. Interbody
  • Cervical Fusion Devices
    1. Anterior
    2. Posterior
  • Spine Biologics
  • Vertebral Compression Fracture Treatment Devices
  • Spinal Decompression Devices
  • Spine Bone Stimulators
    1. Invasive
    2. Non-Invasive
  • Non-Fusion Devices
    1. Dynamic Stabilization Devices
    2. Artificial Discs
    3. Annulus Repair Devices
    4. Nuclear Disc Prostheses
  • Technology Outlook (Revenue, USD Billion; 2017-2027)
    • Spinal Fusion & Fixation
    • Vertebral Compression Fracture Treatment
    • Spinal Decompression
    • Motion Preservation
  • Surgery Type Outlook (Revenue, USD Billion; 2017-2027)
    • Open Surgery
    • Minimally Invasive Surgery
  • End-User Outlook (Revenue, USD Billion; 2017-2027)
    • Hospitals
    • Specialty Clinics
    • Ambulatory Surgical Centers

Regional Analysis:

The global Spinal Implants and Surgery Devices market report broadly considers the market mechanism of both the developing and developed regions of the market. This section provides crucial data and information about the different market regions, a country-wise analysis of the Spinal Implants and Surgery Devices industry, and an assessment of the market reach and consumer base in the key geographical regions to enable readers to formulate effective business expansion strategies.

Major Geographies Encompassed in the Report:

• North America (U.S., Canada)
• Europe (U.K., Italy, Germany, France, Rest of EU)
• Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
• Latin America (Chile, Brazil, Argentina, Rest of Latin America)
• Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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Key Reasons to Buy This Report:

• The report evaluates the most prominent market growth potentials, dynamic market trends, driving factors, restraints, investment opportunities, and threats.
• It entails a detailed inspection of the Spinal Implants and Surgery Devices market, elaborating on its core segments. The report conducts historical and future assessments of the market dynamics and offers precise data in a well-organized order.
• The report provides the reader with a deep understanding of the industry variables, manufacturers’ value chain, sales volume, market share, competitive landscape, and powerful business tactics.
• Furthermore, the report identifies the key regions and segments that influence the Spinal Implants and Surgery Devices market.

The report considers the following timeline for market estimation:

• Historical Years: 2017-2018
• Base Year: 2019
• Estimated Year: 2020
• Forecast Years: 2020-2027

Table of Content:

Chapter 1. Methodology & Sources
    1.1. Market Definition
    1.2. Research Scope 
    1.3. Methodology
    1.4. Research Sources
          1.4.1. Primary
          1.4.2. Secondary
          1.4.3. Paid Sources
    1.5. Market Estimation Technique
Chapter 2. Executive Summary
    2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. Spinal Implants and Surgery Devices Market Segmentation & Impact Analysis
    4.1. Spinal Implants and Surgery Devices Market Material Segmentation Analysis
    4.2. Industrial Outlook
          4.2.1. Market indicators analysis
          4.2.2. Market drivers analysis
                    4.2.2.1. Rising occurrence of spinal disorders
                    4.2.2.2. Growing geriatric population
                    4.2.2.3. Surging adoption of minimally invasive surgery
                    4.2.2.4. Technological advancements in spinal devices
          4.2.3. Market restraints analysis
                    4.2.3.1. Cost-prohibitive procedure
    4.3. Technological Insights
    4.4. Regulatory Framework
    4.5. Porter’s Five Forces Analysis
    4.6. Competitive Metric Space Analysis
    4.7. Price trend Analysis
    4.8. Covid-19 Impact Analysis

READ MORE…!

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