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    Spinal Fusion Devices Market Report

    Subjects: Business
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    Submitted by: Dittya Sutar

    Abstract

    The increasing aging population and their growing need for spine care are driving the demand of the market.

    The report discusses in detail the growth opportunities, challenges, market drivers and restraints, limitations, threats, and demands of the Spinal Fusion Devices market. The study further assesses the regional market as well as the international market to garner an insight into the scope of the market. The report also offers estimations and predictions about the market segment and sub-segments exhibiting promising growth in the forecast timeline. The report also provides deeper insights into the technological advancements, industrial landscape, and emerging product and technological developments in the Spinal Fusion Devices market. It offers fruitful insights into the business sphere to help businesses capitalize on the lucrative growth opportunities.

    The global Spinal Fusion Devices Market will be worth USD 8.90 Billion by 2027, according to a current analysis by Emergen Research. The growth of this market can be attributed to the increasing condition of spine degeneration among the aging population as people over the age of 65 are more likely to experience symptomatic spinal conditions as a result of natural degeneration. The emergence of better healthcare technology in the emerging economies due to the increasing healthcare budgetary allocation is expected to drive the growth of the spinal fusion devices market over the forecast period. The presence of favorable health insurance coverage for most spinal treatments is a key contributing factor to the increasing demand for spinal fusion surgeries and devices. Moreover, the availability of more skilled spine surgeons is projected to fuel the growth of the market.

    Read more@ https://www.emergenresearch.com/industry-report/spinal-fusion-devices-market

    Key Highlights From The Report

    In November 2019, DePuy Synthes Companies launched the SYMPHONY Occipito-Cervico-Thoracic (OCT) System. The newly launched system by the company is expected to help in the surgical treatment of conditions in the neck and upper back. The system includes a set of implants and instruments which can be used for the stabilization of the spine in patients undergoing Posterior Cervical Fusion Surgery.

    The thoracolumbar devices segment held the largest market share of 45.3% in 2019. The rising aging population and their increasing demand for spinal care are expected to drive the growth of thoracolumbar devices.  

    Minimally Invasive Spine Surgery is forecasted to grow with the fastest CAGR of 4.0% over the forecast period. The risks associated with open surgeries are contributing to the growing adoption of the Minimally Invasive Spine Surgery by Healthcare professionals.

    The Hospitals & Ambulatory segment held the largest market share of the Spinal Fusion Devices in 2019. The presence of favorable health insurance coverage for most of the spinal treatments and the availability of skilled spine surgeons in the hospitals is expected to drive the demand of the segment.

    The Asia Pacific region is expected to be the fastest-growing region over the forecast period due to the increasing healthcare budgetary allocation in the emerging economies.

    Key participants include Braun Melsungen, Alphatec Holdings, Inc., Exactech, Inc., DePuy Synthes Companies (Johnson & Johnson Services, Inc.), Medtronic PLC, Globus Medical, Inc., NuVasive, Inc., Stryker Corporation, Orthofix International N.V., and Zimmer Biomet Holdings, Inc., among others.

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

    Cervical Fixation Devices

    Thoracolumbar Devices

    Interbody Fusion Devices

    Biologics

    Surgery Outlook (Revenue, USD Billion; 2017-2027)

    Minimally Invasive Spine Surgery

    Open Spine Surgery

    End User Outlook (Revenue, USD Billion; 2017-2027)

    Specialty Clinics

    Hospitals & Ambulatory Surgery Centers

    Others

    Regional Outlook (Revenue, USD Billion; 2017-2027)

    North America

    Europe

    Asia Pacific

    Latin America

    MEA

     

    Table of Content

     

    Chapter 1. Methodology & Sources

        1.1. Spinal Fusion Devices Market Definition

        1.2. Spinal Fusion Devices Market Research Scope

        1.3. Spinal Fusion Devices Market Methodology

        1.4. Spinal Fusion Devices Market Research Sources

              1.4.1. Primary

              1.4.2. Secondary

              1.4.3. Paid Sources

       1.5. Spinal Fusion Devices Market Estimation Technique

    Chapter 2. Executive Summary

        2.1. Summary Snapshot, 2019-2027

    Chapter 3. Key Insights

    Chapter 4. Spinal Fusion Devices Market Segmentation & Impact Analysis

    Continued…

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    About Emergen Research

    At Emergen Research, we believe in advancing with technology. We are a growing market research and strategy consulting company with an exhaustive knowledge base of cutting-edge and potentially market-disrupting technologies that are predicted to become more prevalent in the coming decade.

    Contact Us: Eric Lee

    Web: https://www.emergenresearch.com

    E-mail: sales@emergenresearch.com

     

     

     

     

     

     

     

     

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