Global Spine Implants Market Overview And Prospects – Includes Spine Implant Market Size
Learn about the global spine implants market through The Business Research Company, which provides information on spine implants market size, spine implants market drivers and restraints, spine implants market players, the COVID-19 impact on the spine implants market, and more.
The spine implants market The global spine implants market size is expected to grow from $10.40 billion in 2021 to $13.10 billion in 2026 at a rate of 4.6%. The global spine implants market size is then expected to grow at a CAGR of 4.9% from 2026 and reach $16.60 billion in 2031.
The advancements in spine surgery technologies will support the growth in manufacturing the medical devices of spine implants market.
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The spine implants market consists of sales of inserts (implants) and related products used in spinal surgery. Spinal implants are orthopedic devices used in orthopedic surgery to treat spinal problems and correct any spinal deformity, stabilize and strengthen the spine and facilitate fusion of bones in a range of disorders such as degenerative disc disease, kyphosis, scoliosis, spondylolisthesis, spinal stenosis and fracture. They are designed to provide strength and stabilization to the spine.
Global Spine Implants Market Segments Include:
By Product: Spinal Fusion Devices, Non-Fusion Devices/Motion Preservation Devices, Vertebral Compression Fracture (VCF) Treatment Devices, Spinal Bone Stimulators, Spine Biologics
By Procedure: Open Surgery, Minimally Invasive Surgery (MIS)
By Material: Metallic, Polymeric, Ceramic
By End-Use: Hospitals, Specialty Orthopedic And Spine Centers, Ambulatory Surgical Centers
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America was the largest region in the spine implants market, accounting for 41.4% of the global market in 2021.
Nanosurface technology on spinal implants is a growing trend in the market. The nanosurface technology involves increasing the complexity of the surface with the addition of nanoscale molecules to make it wear-resistance, anti-corrosion and fatigue-resistance. This surface technology will helps patients heal faster by improving improv early interbody fusion patient outcomes through the application of nanotechnology by prompting the patient’s natural bone growth mechanisms from virtually the moment it has been implanted.
Major Market Players: Medtronic plc, Johnson & Johnson, Stryker Corporation, NuVasive, Inc., Zimmer Biomet Holdings, Inc.
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 (2016-21) and ten years forecast (2022-2026-2031)
The Spine Implants Market Report 2022 is one of a series of new reports from The Business Research Company that provides spine implants market overviews, analyzes and forecasts market size, share, spine implants market players, spine implants market segments and geographies, leading competitor revenues, profiles and market shares.
TBRC’s spine implants market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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