Spine Implants Global Market

Forecast to 2022

Spine Implants Global Market estimated to be worth $18,111.7 million by 2022

IQ4I Research & Consultancy published a new report on Spine Implants Global
Market Forecast To 2022 analyzes and studies the overall market, major drivers &
Opportunities, Restraints & Threats in North America, Europe, Asia-Pacific and Rest of the
World
IQ4Is Report Contains 188 market data tables and 115 figures spread through 538
pages and an exhaustive TOC on Spine Implants Global Market {PRODUCT
[Fusion(Interbody, Plate, Screw & Rod fixation), Non-Fusion (Dynamic stabilization,
Artificial disc, Nuclear replacement and Annulus repair), Vertebral Compression
Fracture (VCF) and Biologics (Allograft, Substitutes and Stimulators]; SURGERY
(Open Surgery and Minimally Invasive Surgery); PROCEDURE (Disectomy,
Foraminotomy/Foraminectomy,
Laminotomy/Laminectomy,
Facetectomy
and
Corpectomy, END-USERS (Hospitals & Private Clinics); REGIONAL (North America,
Europe, Asia Pacific and Rest of the World)}
This report analyzes the spine implants global market in terms of market revenue ($ million)
for all segments and it enables spine implant manufacturers, product distributors and
wholesalers, hospitals, original equipment manufacturers & group purchasing organizations
to identify and analyze market expansion opportunities, upcoming technologies, Patent
Trends and competition in spine implants global market.
Spine implant devices are used for the treatment of congenital spine disorders and disorders
of the spine that develop due to ageing and injury. Prevalence of spine diseases and
disorders due to the ageing population, technological advancement and growing healthcare
expenditure and demand for minimally invasive surgery are driving market growth.
However, strict regulatory requirements with the high cost of device development, lack of
patient awareness and primary healthcare infrastructure in developing countries, high cost
associated with the device and procedure are hindering the growth of the market. The lack of
properly trained professional who could use the advanced surgical instruments is severely
affecting the development of the market. According to World Health Organization (WHO), the
global population of over 60 years is estimated to increase from 12% of the overall
population in 2015 to about 22% by 2050 increasing the number of people with some form of
spinal disorders. This projected increase in the old aged patient population provides an
opportunity for medical devices companies to come up with effective implants and treatment
techniques.

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Spine Implants Global Market

Forecast to 2022

Spine surgery is commonly performed as open surgery with a long incision in the operative
site to view and access the spinal anatomy. Since, open spine surgery results in
considerable amount of trauma and requires long recovery periods; minimally invasive spine
surgery is preferred over open surgery. Minimally invasive technology which offers
advantage such as less trauma, cost effectiveness and quick post-operative recovery period
has emerged as front runner in spine disease treatment. The types of surgery performed on
spine are fusion, nonfusion and vertebral compression fracture (VCF) surgery and all these
surgery includes use of biologics.
Spinal fusion is a surgical implant procedure where two or more spinal vertebrae are fused
together to restrict movement and provide stability to the spine. The disadvantages such as
Pseudarthrosis, restricted movement, loss of proper spinal curvature can be overcome by
non-fusion spine implants. Non-fusion implants have become exciting areas in todays spine
surgery world, as these implants can be implanted in order to treat various spine conditions.
Non-fusion implants have increased the level of preservation in terms of movement and
enhanced flexibility which is considered to be lost in fusion techniques/procedures. The
major advantages of non-fusion devices over fusion devices are spinal flexibility, elimination
of pseudoarthrosis, reduction of adjacent level degeneration.
The spine implant devices global market is segmented into fusion, non-fusion, VCF and
biologics implants based on the type. The fusion devices market is sub segmented into
Interbody fusion devices, Plate fixation systems, and screw and rod fixation systems. The
non-fusion devices are classified into dynamic stabilisation systems, artificial disc implants,
nucleus replacement and annulus repair. The vertebral compression fracture (VFC) is
segmented into Vertebroplasty and Kyphoplasty. While, that of biologics are classified into
Spinal Bone grafts, Spinal Bone graft substitutes, and Bone stimulators. Hospitals,
consisting of public funded and private for profit are the end-users. Among these, public
hospital accounts for largest share and is growing strongly at a CAGR of 6.6%.
The spine implant devices global market based on geography is divided into North America,
Europe, Asia-Pacific and Rest of the world. North American region commanded the largest
revenue market by growing at a CAGR of 6.6%. Favourable reimbursement coverage and
high investments in healthcare infrastructures have led the market growth in this region.
However, Asia- Pacific region is expected to grow at the highest CAGR of 8.2% from 2015 to
2022 due to increased healthcare awareness, improved economic growth and increasing
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Spine Implants Global Market

Forecast to 2022

government funds, increasing trends of medical tourism, large patient pool and rising aged
population with increased surgeries.
Stryker, Medtronic, Nuvasive, Depuy Synthes, Globus Medical, B.Braun, Zimmer-Biomet,
Orthofix, K2M, Alphatec spine, LDR Holdings, and Exatech are some of the companies that
play a major role in manufacturing spine implant devices. Medtronic accounts for the major
spine implant market share followed by DePuy Synthes (J&J) and Nuvasive.
Reasons for buying this report:

Analysis of the spine implants market by identifying various segments by Product

type, surgery, end-user and geography.

Revenue forecast of the spine implants market and strategic analysis of each
submarket with respect to segmental growth trends.

Identification of the major market trends and factors driving or inhibiting the growth of
the spine implants global market.

Revenue forecast of the spine implants market with respect to North America,
Europe, Asia-Pacific and the Rest of the World (RoW) regions.

Analysis of the opportunities for stakeholders by identifying the high-growth

segments of the market.

Patent trends, supply chain analysis, clinical trials & upcoming technologies of the
spine implants market.

Market share analysis of key players in spine implants, details of their product
offerings, revenues and business strategies of major players.

Technological advancements (Robotic, 3D printing, biomaterials, bioceramic coating,

spine navigation & spine alignment aid devices)

Established and Emerging players (145 companies) and their product offerings.

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Spine Implants Global Market

Forecast to 2022

FIGURE 1
SPINE IMPLANTS GLOBAL MARKET SEGMENTATION

Spinal implants Global Market

Product

Surgery

Procedure

End-User

Region

Open Surgery

Discectomy

Hospitals

North
America

Minimally
Invasive Surgery

Foraminotomy/
Foraminectomy

Private spine
clinics

Fusion
Non-Fusion
VCF

Europe

Laminotomy/
Laminectomy

Biologics

Facetectomy
Corpectomy

Asia-Pacific

RoW

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