Spinal Implants Market Incredible Possibilities, Growth with Industry Study, Detailed Analysis and Forecast
According to Market Research Future's newest report on the global spinal implants, market reveals that the market is anticipated to grow at a CAGR of 5.5% during the forecast period of 2017 to 2023. Used extensively to treat spinal deformities and other common spinal issues that may occur with age, the market is expected with witness moderate and consistent growth over the assessment period.
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Age-related wear and tear often result in spinal problems such as spinal stenosis. The presence of a globally growing geriatric population is expected to drive the demand for spinal implants. Urbanization has led to increasingly sedentary lifestyles which aggravate spinal problems, thus resulting in increasing diagnoses of chronic back pain; as such, the demand for spinal implants is expected to grow significantly. Development of advanced technology and spinal implants which combined with the growing demand for minimally invasive spinal surgeries have resulted in cost-effective spinal implants are expected to increase demand for the same.
The global spinal implants market has been segmented based on product, procedure,
material, and region. By product, the market is segmented into vertebral
compression fracture (VCF) treatment devices, non-fusion devices/motion
preservation devices, spinal fusion devices, spine biologics, spinal bone
stimulators, and others. The spine fusion segment is further segment is divided
into cervical fixation devices, thoracolumbar devices, interbody fusion
devices, and others. Confusion devices/
motion preservation devices are further segmented into non-bone interbody
fusion devices and bone interbody fusion devices.
Market players included in
MRFRs competitive analysis include Depuy Synthes Inc. (Johnson & Johnson),
Medtronic, plc, A-Spine, Stryker Corporation, Alphatec Holdings, Inc., Quandary
Medical LLC, Spine Frontier, Apollo Spine, Precision Spine, Premia Spine, K2M
Group Holdings, Inc., Exactech Inc., Integra LifeSciences, SI-BONE, Reliance
Medical Systems, AESCULAP, Zimmer Biomet Holdings, Inc., Globus Medical, Inc.,
NuVasive, Inc., Life Spine, Orthofix International N.V., SpineGuard, Spinal
Solutions Inc., Spineart Geneva SA, Accel Spine, Captiva Spine Inc., Back 2
Basics Spine, RTI Surgical, Inc., Centinel Spine, NLT Spine, Paradigm Spine
LLC, Ascendx Spine, Amedica Corporation, LDR Holding Corporation, Alliance
Spine and others
https://www.marketresearchfuture.com/reports/spinal-implants-market-2050
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