Spinal Implants and Spinal Devices Market Worth USD 15.73 Billion in 2020 - PowerPoint PPT Presentation

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Spinal Implants and Spinal Devices Market Worth USD 15.73 Billion in 2020

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The Global Spinal Implants and Spinal Devices Market is expected to reach USD 15.73 Billion by 2020, growing at a CAGR of 5.6% from 2015 to 2020. – PowerPoint PPT presentation

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Title: Spinal Implants and Spinal Devices Market Worth USD 15.73 Billion in 2020


1
Spinal Implants and Spinal Devices Market Worth
USD 15.73 Billion in 2020
www.MarketsandMarkets.com
2
According to a new market research report "Spinal
Implants and Spinal Devices Market - By Product
(Thoracic, Lumbar, Cervical Fusion, Biologics,
Motion Preservation, VCFs, Bone Stimulator),
Technologies, Minimally Invasive Device,
Decompression (Laminectomy, Corpectomy) - Global
Forecast to 2020", published by
MarketsandMarkets, The Global Spinal Implants and
Spinal Devices Market is expected to reach USD
15.73 Billion by 2020, growing at a CAGR of 5.6
from 2015 to 2020.
3
Browse 87 Tables and 83 Figures spread through
216 Pages and in-depth TOC on "Spinal Implants
and Spinal Devices Market http//www.marketsandm
arkets.com/Market-Reports/spine-surgery-devices-ma
rket-712.html Early buyers will receive 10
customization on reports.  The spinal implants
and spinal devices market, by technology,
includes spinal fusion and fixation, vertebral
compression fracture treatment, and motion
preservation/non-fusion technologies. On the
basis of products, the global spinal implants and
spinal devices market is divided into six major
segments, namely, thoracic fusion and lumbar
fusion devices, cervical fusion devices, spine
biologics, vertebral compression fracture
treatment devices, motion preservation/non-fusion
treatment devices, and spine bone stimulators.
Bases on the type of surgery, the global spinal
implants and spinal devices market is divided
into two segments, namely, open surgery and
minimally invasive surgery. The spinal
decompression devices market, by type of
procedure, covers discectomy, laminotomy/laminecto
my, foraminotomy/foraminectomy, facetectomy, and
corpectomy procedures.
4
A number of factors such as rising incidence and
prevalence of spinal disorders development of
technologically advanced, safer, and
cost-effective spinal devices global rise in the
old age and obese population and rising demand
for minimally invasive spine surgery are fueling
the growth of the spinal implants and spinal
devices market. On the other hand, stringent
regulatory guidelines for the approval of new
medical devices, high procedural costs, and lack
of adequate reimbursements in developing
countries are restricting the growth of the
global spinal implants and spinal devices market.
As of 2015, North America is estimated to hold
the largest share of the global spinal implants
and spinal devices market, followed by Europe.
However, the Asia-Pacific market is expected to
grow at the highest CAGR of 8.2 from 2015 to
2020.
5
A number of factors, including rising healthcare
expenditure in developing nations owing to
growing income levels, increasing government
funding, presence of a large patient population,
rising obesity cases, and growing awareness on
the newly developed spine treatment techniques
and devices are propelling the growth of the
spinal implants and spinal devices market in the
Asia-Pacific region. However, challenges
associated with this market, such as scarcity of
expertise and trained healthcare workers and lack
of adequate patient awareness restricts the
market growth in this region. Medtronic, plc
(U.S.), DePuy Synthes (U.S.), Stryker Corporation
(U.S.), NuVasive, Inc. (U.S.), Zimmer Biomet
Holdings, Inc. (U.S.), Globus Medical, Inc.
(U.S.), Alphatec Holdings, Inc. (U.S.), Orthofix
International N.V. (Netherlands), K2M Group
Holdings, Inc. (U.S.), and LDR Holding
Corporation (U.S.) are the key players operating
in the global spinal implants and spinal devices
market.  
6
Browse Related Reports  Dental Implants and
Prosthetics Market by Material (Titanium,
Zirconium, PFM, All Ceramics), Stage (Two Stage,
Single Stage), Connectors (External hexagonal)
Product Type (Crowns, Bridges, Dentures,
Abutments) - Global Forecast to
2020 http//www.marketsandmarkets.com/Market-Repor
ts/dental-implants-prosthetics-market-695.html Mi
nimally Invasive Surgical Instruments Market by
Product (Handheld Instruments, Guiding Device,
Inflation Systems, Auxiliary Instruments, Cutter
Instruments), Application (Cardiothoracic,
Vascular Surgery, Cosmetic, Urological) - Global
Forecast to 2019 http//www.marketsandmarkets.com/
Market-Reports/minimally-invasive-surgical-instrum
ents-devices-market-682.html
7
About Report Publisher MarketsandMarkets is
the worlds No. 2 firm in terms of annually
published premium market research reports.
Serving 1700 global fortune enterprises with more
than 1200 premium studies in a year, MM is
catering to a multitude of clients across 8
different industrial verticals. We specialize in
consulting assignments and business research
across high growth markets, cutting edge
technologies and newer applications.
MarketsandMarkets are inspired to help our
clients grow by providing apt business insight
with our huge market intelligence
repository. Annual Market Research Reports
Subscription - http//www.marketsandmarkets.com/Su
bscription.html Contact Mr. Rohan Markets and
Markets UNIT no 802, Tower no. 7, SEZ Magarpatta
city, Hadapsar Pune, Maharashtra 411013,
India 1-888-600-6441
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