Spinal Implants and Surgery Devices Market: Global Industry Analysis and Opportunity Assessment 2020-2027

The specialist consulting approach adopted to study the Spinal Implants and Surgery Devices market by size, share. and growth form an important part of this market intelligence report. Expertise research specialist not only weight upon the company profiles of the major vendors but also significant aspects such as import and export status, supply chain management, demand and supply and distribution channel. Vital statistics on product positioning, consumption volume, a dramatic shift in consumer preferences, spending power and other are explained through resources including charts, graphs, and infographics. 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.   

Key Highlights From The Report

In March 2019, RTI Surgical Holdings, Inc., a firm involved in surgical implant, made an announcement about the completion of the acquisition of Paradigm Spine, LLC, involved in non-fusion and motion preservation spinal implant technology.

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.

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.

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.

Product Type Outlook (Revenue, USD Billion; 2017-2027)

Thoracic Fusion & Lumbar Fusion Devices

Posterior

Interbody

Cervical Fusion Devices

Anterior

Posterior

Spine Biologics

Vertebral Compression Fracture Treatment Devices

Spinal Decompression Devices

Spine Bone Stimulators

Invasive

Non-Invasive

Non-Fusion Devices

Dynamic Stabilization Devices

Artificial Discs

Annulus Repair Devices

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