iq4i research & consultancy published a new report on “spine implants global market –...

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Spine Implants Global Market

–Forecast to 2022

Spine Implants Global Market estimated to be worth $18,111.7 million by 2022

IQ4I Research & Consultancy published a new report on “Spine Implants Global

Market – Forecast To 2022” analyzes and studies the overall market, major drivers &

Opportunities, Restraints & Threats in North America, Europe, Asia-Pacific and Rest of the

World

IQ4I’s Report Contains 188 market data tables and 115 figures spread through 538

pages and an exhaustive TOC on “Spine Implants Global Market {PRODUCT

[Fusion(Interbody, Plate, Screw & Rod fixation), Non-Fusion (Dynamic stabilization,

Artificial disc, Nuclear replacement and Annulus repair), Vertebral Compression

Fracture (VCF) and Biologics (Allograft, Substitutes and Stimulators]; SURGERY

(Open Surgery and Minimally Invasive Surgery); PROCEDURE (Disectomy,

Foraminotomy/Foraminectomy, Laminotomy/Laminectomy, Facetectomy and

Corpectomy, END-USERS (Hospitals & Private Clinics); REGIONAL (North America,

Europe, Asia Pacific and Rest of the World)}

This report analyzes the spine implants global market in terms of market revenue ($ million)

for all segments and it enables spine implant manufacturers, product distributors and

wholesalers, hospitals, original equipment manufacturers & group purchasing organizations

to identify and analyze market expansion opportunities, upcoming technologies, Patent

Trends and competition in spine implants global market.

Spine implant devices are used for the treatment of congenital spine disorders and disorders

of the spine that develop due to ageing and injury. Prevalence of spine diseases and

disorders due to the ageing population, technological advancement and growing healthcare

expenditure and demand for minimally invasive surgery are driving market growth.

However, strict regulatory requirements with the high cost of device development, lack of

patient awareness and primary healthcare infrastructure in developing countries, high cost

associated with the device and procedure are hindering the growth of the market. The lack of

properly trained professional who could use the advanced surgical instruments is severely

affecting the development of the market. According to World Health Organization (WHO), the

global population of over 60 years is estimated to increase from 12% of the overall

population in 2015 to about 22% by 2050 increasing the number of people with some form of

spinal disorders. This projected increase in the old aged patient population provides an

opportunity for medical devices companies to come up with effective implants and treatment

techniques.



–Forecast to 2022

Spine surgery is commonly performed as open surgery with a long incision in the operative

site to view and access the spinal anatomy. Since, open spine surgery results in

considerable amount of trauma and requires long recovery periods; minimally invasive spine

surgery is preferred over open surgery. Minimally invasive technology which offers

advantage such as less trauma, cost effectiveness and quick post-operative recovery period

has emerged as front runner in spine disease treatment. The types of surgery performed on

spine are fusion, nonfusion and vertebral compression fracture (VCF) surgery and all these

surgery includes use of biologics.

Spinal fusion is a surgical implant procedure where two or more spinal vertebrae are fused

together to restrict movement and provide stability to the spine. The disadvantages such as

Pseudarthrosis, restricted movement, loss of proper spinal curvature can be overcome by

non-fusion spine implants. Non-fusion implants have become exciting areas in today’s spine

surgery world, as these implants can be implanted in order to treat various spine conditions.

Non-fusion implants have increased the level of preservation in terms of movement and

enhanced flexibility which is considered to be lost in fusion techniques/procedures. The

major advantages of non-fusion devices over fusion devices are spinal flexibility, elimination

of pseudoarthrosis, reduction of adjacent level degeneration.

The spine implant devices global market is segmented into fusion, non-fusion, VCF and

biologics implants based on the type. The fusion devices market is sub segmented into

Interbody fusion devices, Plate fixation systems, and screw and rod fixation systems. The

non-fusion devices are classified into dynamic stabilisation systems, artificial disc implants,

nucleus replacement and annulus repair. The vertebral compression fracture (VFC) is

segmented into Vertebroplasty and Kyphoplasty. While, that of biologics are classified into

Spinal Bone grafts, Spinal Bone graft substitutes, and Bone stimulators. Hospitals,

consisting of public funded and private for profit are the end-users. Among these, public

hospital accounts for largest share and is growing strongly at a CAGR of 6.6%.

The spine implant devices global market based on geography is divided into North America,

Europe, Asia-Pacific and Rest of the world. North American region commanded the largest

revenue market by growing at a CAGR of 6.6%. Favourable reimbursement coverage and

high investments in healthcare infrastructures have led the market growth in this region.

However, Asia- Pacific region is expected to grow at the highest CAGR of 8.2% from 2015 to

2022 due to increased healthcare awareness, improved economic growth and increasing



–Forecast to 2022

government funds, increasing trends of medical tourism, large patient pool and rising aged

population with increased surgeries.

Stryker, Medtronic, Nuvasive, Depuy Synthes, Globus Medical, B.Braun, Zimmer-Biomet,

Orthofix, K2M, Alphatec spine, LDR Holdings, and Exatech are some of the companies that

play a major role in manufacturing spine implant devices. Medtronic accounts for the major

spine implant market share followed by DePuy Synthes (J&J) and Nuvasive.

Reasons for buying this report:

Analysis of the spine implants market by identifying various segments by Product

type, surgery, end-user and geography.

Revenue forecast of the spine implants market and strategic analysis of each

submarket with respect to segmental growth trends.

Identification of the major market trends and factors driving or inhibiting the growth of

the spine implants global market.

Revenue forecast of the spine implants market with respect to North America,

Europe, Asia-Pacific and the Rest of the World (RoW) regions.

Analysis of the opportunities for stakeholders by identifying the high-growth

segments of the market.

Patent trends, supply chain analysis, clinical trials & upcoming technologies of the

spine implants market.

Market share analysis of key players in spine implants, details of their product

offerings, revenues and business strategies of major players.

Technological advancements (Robotic, 3D printing, biomaterials, bioceramic coating,

spine navigation & spine alignment aid devices)

Established and Emerging players (145 companies) and their product offerings.



–Forecast to 2022

FIGURE 1

SPINE IMPLANTS GLOBAL MARKET SEGMENTATION

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Region

Spinal implants Global Market

FusionNorth

America

Europe

Asia-Pacific

RoW

Procedure

Hospitals

End-User

Non-Fusion

Product

VCF

Discectomy

Private spine

clinicsForaminotomy/Foraminectomy

Laminotomy/Laminectomy

Facetectomy

Corpectomy

Open Surgery

Surgery

Minimally

Invasive Surgery

Biologics

iq4i research & consultancy published a new report on “spine implants global market –...

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