Spinal Surgery Device Market Analysis Reports Revenue Growth Globally During The Forecast Period 2016-2022

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Spinal surgery devices are used for the treatment of low back pain caused by various spinal pathologies such as degenerative disorders, spinal fractures, trauma, and sports injuries. The market for spinal surgery devices is driven by many factors such as a rapidly aging population, technological advances in spinal surgery techniques and an increasing preference for Minimally Invasive Spinal Surgery (MISS).

Market Dynamics
The global spinal surgery devices market comprises large number of products in the pipeline with the majority in the spinal fusion segment. Surgeon preference for less complicated spinal fusion procedures and technology advances is resulting in many companies developing products based on the spinal fusion technology platform. Spinal non-fusion makes up lesser number than spinal fusion of total pipeline products. The major market drivers are increasing geriatric population and technological advancement in minimally invasive spine surgery procedures. The market growth might be restricted due inadequate reimbursement policies.


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Market Segmentation

The market can be divided on the basis of three criteria:
Based on Product
Thoracolumbar devices
Cervical Fixation devices
Interbody Fusion devices
Based on Surgery
Open Spine surgery
Minimally Invasive Spine surgery
Based Region
North America
Asia Pacific
Europe

Regional/Geographic Analysis

The current scenario of economic slowdown in the European countries U.S. coupled with the pricing pressures are some of the driving factors that will fuel the spine surgery devices market in the Asian region as a result of the growing population, awareness of newly developed technologies, increased per capita income of the hospitals and the people, improved medical literacy and tourism.

Opportunities

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 surgical devices market.

Key Players

Alphatec Holdings, Inc., B. Braun Melsungen AG, Depuy Synthes (Johnson & Johnson), Exactech, Inc., Globus Medical, Inc., Medtronic Plc., NuVasive, Inc., Orthofix International N.V., Stryker Corporation, and Zimmer Biomet Holdings, Inc. Other players include Paragon Medical, Inc., Norman Noble, Inc., Nutech, Titan Spine, Wenzel Spine, Inc., X-Spine Systems, Inc., Tecomet, Inc., Marox Corporation, Axial Medical, Spine Wave, Inc., K2M, Inc., and Captiva Spine, LLC.

Report ContentsRegional AnalysisReport Highlights
Market segments
Market Drivers, Restraints and Opportunities
Market Size & Forecast 2016 to 2022
Supply & Demand Value Chain
Market – Current Trends
Competition & Major Companies
Technology and R&D Status
Porters Five Force Analysis
Strategic and Critical Success Factor Analysis of Key Players

North America
US and Canada

Latin America
Mexico, Brazil, Argentina and Rest of Latin America

Western Europe
EU5 (Germany, France, Italy, Spain, U.K.)
Nordic Countries (Denmark, Finland, Norway, and Sweden)
Benelux (Belgium, The Netherlands, and Luxembourg)
Rest of Western Europe

Eastern Europe
Russia
Poland
Rest of Eastern Europe


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Asia Pacific
China
India
Japan
Australia and New Zealand
Rest of Asia Pacific

Middle East and Africa
GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)
South Africa
North Africa
Rest of Middle East and Africa

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