Global Spinal Surgery Devices And Equipment Market Report 2021 – Opportunities And Strategies, Market Forecast And Trends
The Global Spinal Surgery Devices And Equipment Market Report by The Business Research Company covers spinal surgery devices and equipment market drivers and restraints, spinal surgery devices and equipment market size, major players, and the impact of COVID-19 on the spinal surgery devices and equipment market.
The spinal surgery devices and equipment market consists of sales of spinal surgery devices and equipment and related services. These include spinal implants and spinal surgical devices such as thoracic fusion and lumbar fusion devices, spine biologics, cervical fusion devices, vertebral compression fracture treatment devices, spine bone stimulators, non-fusion devices and spinal decompression devices.
The high cost of treatment restrains the spinal surgery devices and equipment market from reaching its maximum potential growth.
The global spinal surgery devices and equipment market is expected to grow from $7.57 billion in 2020 to $8.26 billion in 2021 at a compound annual growth rate (CAGR) of 9.1%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $9.7 billion in 2025 at a CAGR of 4.1%.
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Some spinal surgery devices and equipment market trends include implementing nano-technology to improve the quality, precision and speed of the work. Nanoparticles possess unique chemical, biological and physical properties which enables them to perform a wide variety of cellular and subcellular tasks. Spinal pathology is a major field of study for Nano-technology. To fully implement Nano-technology, hospitals and clinics are waiting for FDA regulations and exploring options to reduce costs.
Global spinal surgery devices and equipment market segments include:
1) By Product Type: Spine Biologics, Surgical Spinal Decompression, Vertebral Compression Fracture Treatment Products, Non-Fusion, Fusion.
2) By Application: Hospital, Ambulatory Service Centers, Orthopedic Centers.
3) By Type of Surgery: Open Surgeries, Minimally Invasive Surgeries.
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
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The Spinal Surgery Devices And Equipment Global Market Report 2021: COVID 19 Impact and Recovery to 2030 is one of a series of new reports from The Business Research Company that provides spinal surgery devices and equipment market overviews, analyzes and forecasts market size, share, spinal surgery devices and equipment market players, spinal surgery devices and equipment market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.
The spinal surgery devices and equipment market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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Data Segmentations: Market Size, Global, By Region And By Country, Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries.
Market Players Covered: Zimmer Biomet, Stryker Corporation, Depuy Synthes, Medtronic, Globus Medical Inc., Alphatec Spine, Inc., Nuvasive Inc., Orthofix International N.V. , K2M Group Holdings Inc., Titan Spine, B. Braun Medical, Orthovita Inc. , Amedica Corporation, Biomet Inc., RTI Surgical Inc., SeaSpine, Integra Lifesciences Holdings Corporation, Smith & Nephew Plc, Exactech Inc., Paragon Medical Inc., Norman Noble Inc., Nutech, Wenzel Spine Inc., X-Spine Systems Inc., Tecomet Inc., Marox Corporation, Axial Medical, Spine Wave Inc., Captiva Spine LLC.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.
Sourcing And Referencing: Data and analysis throughout the report are sourced using end notes.
Strategies For Participants In The Spinal Surgery Devices And Equipment Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.
Opportunities For Companies In The Spinal Surgery Devices And Equipment Sector: The report reveals where the global industry will put on most $ sales up to 2023.
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