Global Spinal Fusion Market: By Procedure - Traditional (ALIF, PLIF, Others), Minimally Invasive (MITLIF, XLIF, Others), By Region, By Country (2018 Edition)- Forecast to 2023
• By Region-North America, Europe, APAC and ROW • By Country - U.S., Canada, U.K.,
Germany,
China,
Japan, Australia.
June
2018
Scope of the Report – Spinal Fusion Market Historical
Forecast
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
Market (By Value)
Global
By Procedure, By Value
Traditional Procedure, By Type, By Value Minimally Invasive Procedure, By Type, By Value
Country
Regional
By Procedure, By Value Traditional Procedure, By Type, By Value
Traditional Minimally Invasive ALIF PLIF Others MITLIF XLIF Others Traditional Minimally Invasive ALIF PLIF Others MITLIF
Minimally Invasive Procedure, By Type, By Value XLIF Traditional By Procedure, Minimally By Value Invasive ALIF Traditional Procedure, By Type, PLIF By Value Others Minimally Invasive MITLIF Procedure, By Type, By Value XLIF Zimmer Biomet, Medtronic, Stryker Corporation, Orthofix International, NuVasive, Inc., Globus Medical, K2m Group Holdings, Inc., Alphatec Company Analysis Spine, DePuy Synthes, Aesculap Implant Systems, LLC. Regional Analysis North America, Europe, APAC and Rest of the World Country Analysis U.S, Canada, Germany, U.K, Germany, China, Japan, Australia.
2
Table of Content S.No
Particulars
Page No.
1.
Research Methodology
30
2.
Executive Summary
31
3.
Strategic Recommendation
32
3.1
Focus on providing adequate training to the physicians
34
3.2
Focus on developing low cost procedures for the developing regions
35
4.
Spinal Fusion Outlook
36
5.
Global Spinal Fusion Market: Growth and Forecast
41
5.1
Global Spinal Fusion Market
42
5.1.1.
By Value (Historic 2013-2017)
42
5.1.2.
By Value ( Forecast 2018E-2023F)
43
3
Table of Content S.No
6.
Particulars
Global Traditional Spinal Fusion Market: Growth and Forecast
6.1
7.
8.
56
Global Traditional Spinal Fusion Market
6.1.1.
By Value(Historic 2013-2017)
59
6.1.2
By Value( Forecast 2018E-2023F)
60
Global Minimally Invasive Spinal Fusion Market: Growth and Forecast 7.1
Page No.
62
Global Minimally Invasive Spinal Fusion Market 7.1.1
By Value(Historic 2013-2017)
63
7.1.2
By Value( Forecast 2018E-2023F)
64
Global Spinal Fusion Market- By Procedure Type 8.1
Global Anterior Lumbar Interbody Fusion Market
66
4
Table of Content S.No
Particulars
8.2
8.3
8.4
Page No.
8.1.1.
By Value(Historic 2013-2017)
67
8.1.2.
By Value( Forecast 2018E-2023F)
68
Global Posterior Lumbar Interbody Fusion Market
69
8.2.1.
By Value(Historic 2013-2017)
70
8.2.2.
By Value (Forecast 2018E-2023F)
71
Global Other Traditional Spinal Fusion Market
72
8.3.1.
By Value(Historic 2013-2017)
73
8.3.2
By Value( Forecast 2018E-2023F)
74
Global Minimally Invasive Transforaminal Lumbar Interbody Fusion Market 8.4.1.
By Value(Historic 2013-2017)
75 76
5
Table of Content S.No
Particulars
8.4.2
8.5
8.6
9.
By Value( Forecast 2018E-2023F)
Global Extreme Lateral Interbody Fusion Market
Page No.
77
78
8.5.1
By Value(Historic 2013-2017)
79
8.5.2
By Value( Forecast 2018E-2023F)
80
Global Other Minimally Invasive Spinal Fusion Market
81
8.6.1
By Value(Historic 2013-2017)
82
8.6.2
By Value( Forecast 2018E-2023F)
82
Global Spinal Fusion Market-Regional Analysis
84
9.1
Global Spinal Fusion Market Size and Share, By Region, 2017 (%)
85
9.2
Global Spinal Fusion Market Size and Share, By Region, 2023 (%)
86
6
Table of Content S.No
10.
Particulars
North America Spinal Fusion Market
88
10.1
By Value(Historic 2013-2017)
89
10.2
By Value(Forecast 2018E-2023F)
90
10.3
North America Traditional Spinal Fusion Market
95
10.3.1
By Value(Historic 2013-2017)
96
10.3.2
By Value (Forecast 2018E-2023F)
97
North America Minimally Invasive Spinal Fusion Market
101
10.4.1
By Value(Historic 2013-2017)
102
10.4.2
By Value (Forecast 2018E-2023F)
103
10.4
11.
Page No.
North America Spinal Fusion Market - By Procedure Type
107
7
Table of Content S.No
Particulars
11.1
11.2
11.3
11.4
11.5
Page No.
North America Anterior Lumbar Interbody Fusion Market
108
11.1.1
108
By Value ( 2013-2023)
North America Posterior Lumbar Interbody Fusion Market
108
11.2.1
108
By Value (2013-2023)
North America Other Traditional Spinal Fusion Market
108
11.3.1
108
By Value (2013-2023)
North America MITLIF Market
109
11.4.1
109
By Value (2013-2023)
North America XLIF Market
109
11.5.1
109
By Value ( 2013-2023)
8
Table of Content S.No
Particulars
11.6
11.7
Page No.
North America Other Minimally Invasive Spinal Fusion Market
109
11.6.1
109
By Value (2013-2023)
North America Spinal Fusion Market: Country Analysis (U.S and Canada)
111
11.7.1
U.S Spinal Fusion Market, By Value (2013-2023)
112
11.7.2
U.S Spinal Fusion Market, By Procedure, By Value (2013-2023)
115
11.7.3
U.S Traditional Spinal Fusion Market, By Procedure Type, By Value (2013-2023)
116
11.7.4
U.S Minimally Invasive Spinal Fusion Market, By Procedure Type, By Value (2013-2023)
117
11.7.5
Canada Spinal Fusion Market, By Value (2013-2023)
119
11.7.6
Canada Spinal Fusion Market, By Procedure, By Value (2013-2023)
122
11.7.7
Canada Traditional Spinal Fusion Market, By Procedure Type, By Value (2013-2023)
9
Table of Content S.No
Particulars
11.7.8
12.
Canada Minimally Invasive Spinal Fusion Market, By Procedure Type, By Value (2013-2023)
Europe Spinal Fusion Market
Page No.
124
126
12.1
By Value (Historic 2013-2017)
127
12.2
By Value (Forecast 2018E-2023F)
128
12.3
Europe Traditional Spinal Fusion Market
132
12.3.1
By Value (Historic 2013-2017)
133
12.3.2
By Value (Forecast 2018E-2023F)
134
12.4
Europe Minimally Invasive Spinal Fusion Market
137
12.4.1
By Value(Historic 2013-2017)
138
12.4.2
By Value (Forecast 2018E-2023F)
139
10
Table of Content S.No
13.
Particulars
Europe Spinal Fusion Market - By Procedure Type
13.1
13.2
13.3
13.4
13.5
Page No.
142
Europe Anterior Lumbar Interbody Fusion Market
143
13.1.1
143
By Value ( 2013-2023)
Europe Posterior Lumbar Interbody Fusion Market
143
13.2.1
143
By Value (2013-2023)
Europe Other Traditional Spinal Fusion Market
143
13.3.1
143
By Value (2013-2023)
Europe MITLIF Market
144
13.4.1
144
By Value (2013-2023)
Europe XLIF Market
144
11
Table of Content S.No
Particulars
13.5.1
13.6
13.7
By Value ( 2013-2023)
Page No.
144
Europe Other Minimally Invasive Spinal Fusion Market
144
13.6.1
144
By Value (2013-2023)
Europe Spinal Fusion Market: Country Analysis (U.K. and Germany)
146
13.7.1
U.K Spinal Fusion Market, By Value (2013-2023)
147
13.7.2
U.K Spinal Fusion Market, By Procedure, By Value (2013-2023)
150
13.7.3
U.K Traditional Spinal Fusion Market, By Procedure Type, By Value (2013-2023)
151
13.7.4
U.K Minimally Invasive Spinal Fusion Market, By Procedure Type, By Value (2013-2023)
152
13.7.5
Germany Spinal Fusion Market, By Value (2013-2023)
154
13.7.6
Germany Spinal Fusion Market, By Procedure, By Value (2013-2023)
157
12
Table of Content S.No
14.
Particulars
Page No.
13.7.7
Germany Traditional Spinal Fusion Market, By Procedure Type, By Value (2013-2023)
158
13.7.8
Germany Minimally Invasive Spinal Fusion Market, By Procedure Type, By Value (2013-2023)
159
13.7.9
Rest of Europe Spinal Fusion Market, By Value (2013-2023)
161
APAC Spinal Fusion Market
163
14.1
By Value (Historic 2013-2017)
164
14.2
By Value (Forecast 2018E-2023F)
165
14.3
APAC Traditional Spinal Fusion Market
169
14.3.1
By Value (Historic 2013-2017)
170
14.3.2
By Value (Forecast 2018E-2023F)
171
14.4
APAC Minimally Invasive Spinal Fusion Market
174
13
Table of Content S.No
15.
Particulars
14.4.1
By Value(Historic 2013-2017)
175
14.4.2
By Value (Forecast 2018E-2023F)
176
APAC Spinal Fusion Market - By Procedure Type 15.1
15.2
15.3
15.4
Page No.
179
APAC Anterior Lumbar Interbody Fusion Market
180
15.1.1
180
By Value ( 2013-2023)
APAC Posterior Lumbar Interbody Fusion Market
180
15.2.1
180
By Value (2013-2023)
APAC Other Traditional Spinal Fusion Market
180
15.3.1
180
By Value (2013-2023)
APAC MITLIF Market
181
14
Table of Content S.No
Particulars
15.4.1
15.5
15.6
15.7
By Value (2013-2023)
Page No.
181
APAC XLIF Market
181
15.5.1
181
By Value ( 2013-2023)
APAC Other Minimally Invasive Spinal Fusion Market
181
15.6.1
181
By Value (2013-2023)
APAC Spinal Fusion Market: Country Analysis (Japan and china)
183
15.7.1
Japan Spinal Fusion Market, By Value (2013-2023)
184
15.7.2
Japan Spinal Fusion Market, By Procedure, By Value (2013-2023)
188
15.7.3
Japan Traditional Spinal Fusion Market, By Procedure Type, By Value (2013-2023)
189
15.7.4
Japan Minimally Invasive Spinal Fusion Market, By Procedure Type, By Value (2013-2023)
190
15
Table of Content S.No
16.
Particulars
Page No.
15.7.5
China Spinal Fusion Market, By Value (2013-2023)
192
15.7.6
China Spinal Fusion Market, By Procedure, By Value (2013-2023)
197
15.7.7
China Traditional Spinal Fusion Market, By Procedure Type, By Value (2013-2023)
198
15.7.8
China Minimally Invasive Spinal Fusion Market, By Procedure Type, By Value (2013-2023)
199
15.7.9
Australia Spinal Fusion Market, By Value (2013-2023)
201
15.7.10
Australia Spinal Fusion Market, By Procedure, By Value (2013-2023)
204
15.7.11
Australia Traditional Spinal Fusion Market, By Procedure Type, By Value (2013-2023)
205
15.7.12
Australia Minimally Invasive Spinal Fusion Market, By Procedure Type, By Value (2013-2023)
206
15.7.13
Rest of APAC Spinal Fusion Market, By Value (2013-2023)
207
ROW Spinal Fusion Market
209
16
Table of Content S.No
17.
Particulars
Page No.
16.1
By Value(Historic 2013-2017)
210
16.2
By Value(Forecast 2018E-2023F)
211
16.3
ROW Spinal Fusion Market, By Procedure, By Value (2013-2023)
217
16.4
ROW Traditional Spinal Fusion Market, By Procedure Type, By Value (2013-2023)
218
16.5
ROW Minimally Invasive Spinal Fusion Market, By Procedure Type, By Value (2013-2023)
219
Global Spinal Fusion Market Dynamics
220
17.1
Global Spinal Fusion Market Drivers
222
17.2
Global Spinal Fusion Market Restraints
225
18.
Global Spinal Fusion Market Trends
227
19.
Porter Five Force Analysis
231
17
Table of Content S.No
Particulars
Page No.
20.
SWOT Analysis
233
21.
Competitive Landscape :
235
21.1
Company Share Analysis of Key Industry Players
236
22.
Policy and Regulatory Landscape
237
23.
Company Profiling
240
23.1
Medtronic
241
23.2
Stryker Corporation
243
23.3
Zimmer Biomet
246
23.4
Orthofix International
249
23.5
NuVasive, Inc.
251
18
Table of Content S.No
Particulars
23.6
Globus Medical
254
23.7
K2M Group Holdings, Inc.
256
23.8
Alphatec Spine
258
23.9
DePuy Synthes
260
Aesculap Implant Systems, LLC.
261
23.10 24.
Page No.
About Us
262
19
List of Figures Figure No.
Figure Title
Page No.
Figure 1:
Spinal Fusion Market Segmentation Flowchart
40
Figure 2:
Global Spinal Fusion Market Size, By Value, 2013-2017 (USD Billion)
42
Figure 3:
Global Spinal Fusion Market Size, By Value, Forecast, 2018-2023 (USD Billion)
43
Figure 4:
Degree of Urbanization (percentage of urban population in total population)By Continent in 2016
44
Figure 5:
Distributions of persons aged 60 years or above by region in millions, 2015 and 2030F
48
Figure 6:
Population ages 65 and above, By Select Region, 2013-2017 (% of total)
49
Figure 7:
Projected global population aged 60 years & above (In Billions)
49
Figure 8:
Projected global population (In Billions)
49
Figure 9:
World Life expectancy at birth for selected periods
50
Figure 10:
Life expectancy at birth for selected periods, By Region
50
Figure 11:
GDP Per Capita PPP, By Region, 2018 (in Thousand USD)
51
Figure 12:
GDP Per Capita PPP, By Select Countries, 2022F (USD)
51
Figure 13:
Healthcare Expenditure (Share of GDP), By Select Country, 2012-2016 (In %)
52
Figure 14:
Obese Population, By Country, 2017 (In Millions)
52
Figure 15:
Global Spinal Fusion Market Size, By Procedure, 2017 (%)
56
Figure 16:
Global Spinal Fusion Market Size, By Procedure, 2023 (%)
57
Figure 17:
Global Traditional Spinal Fusion Market, By Value, 2013-2017 (USD Billion)
59
Figure 18:
Global Traditional Spinal Fusion Market, By Value, Forecast, 2018-2023 (USD Billion)
60
Figure 19:
Global Minimally-Invasive Spinal Fusion Market, By Value, 2013-2017 (USD Billion
63
Figure 20:
Global Minimally-Invasive Spinal Fusion Market, By Value, Forecast, 2018-2023 (USD Billion)
64
20
List of Figures Figure No.
Figure Title
Page No.
Figure 21:
Global Anterior Lumbar Interbody Fusion Market, By Value, 2013-2017 (USD Billion)
67
Figure 22:
Global Anterior Lumbar Interbody Fusion Market, By Value, 2018E-2023F (USD Billion)
68
Figure 23:
Global Posterior Lumbar Interbody Fusion Market, By Value, 2013-2017 (USD Billion)
70
Figure 24:
Global Posterior Lumbar Interbody Fusion Market, By Value, 2018E-2023F (USD Billion)
71
Figure 25:
Global Other Traditional Spinal Fusion Market, By Value, 2013-2017 (USD Billion)
73
Figure 26:
Global Other Traditional Spinal Fusion Market, By Value, 2018E-2023F (USD Billion)
74
Figure 27:
Global Minimally Invasive Transforaminal Lumbar Interbody Fusion Market , By Value, 2013-2017 (USD Billion)
76
Figure 28:
Global Minimally Invasive Transforaminal Lumbar Interbody Fusion Market, By Value, 2018E-2023F (USD Billion)
77
Figure 29:
Global Extreme Lateral Interbody Fusion (XLIF) Market, By Value, 2013-2017 (USD Billion)
79
Figure 30:
Global Extreme Lateral Interbody Fusion Surgery Market, By Value, 2018E-2023F (USD Billion)
80
Figure 31:
Global Other Minimally Invasive Spinal Fusion Market, By Value, 2013-2017 (USD Billion)
82
Figure 32:
Global Other Minimally Invasive Spinal Fusion Market, By Value, 2018E-2023F (USD Billion)
83
Figure 33:
Global Spinal Fusion Market Size, By Region, 2017 (%)
85
Figure 34:
Global Spinal Fusion Market Size, By Region, 2023 (%)
86
Figure 35:
North America Spinal Fusion Market Size, By Value, 2013-2017 (USD Billion)
89
Figure 36:
North America Spinal Fusion Market Size, By Value, Forecast, 2018-2023 (USD Billion)
90
Figure 37:
North America Healthcare Cost Per Capita, 2016 (USD)
92
Figure 38:
North America Population Ages 65 and above, 2012-2016 (% of Total)
92
Figure 39:
North America GDP, 2012-2016 (USD Trillion)
93
Figure 40:
North America GDP per capita, current prices, 2013-2023F (In USD)
93
21
List of Figures Figure No.
Figure Title
Page No.
Figure 41:
North America Traditional Spinal Fusion Market Size, By Value, 2013-2017 (USD Billion)
96
Figure 42:
North America Traditional Spinal Fusion Market Size, By Value, Forecast, 2018-2023 (USD Billion)
97
Figure 43:
North America Traditional Spinal Fusion Market Size, By Procedure Type, 2017 (%)
99
Figure 44:
North America Traditional Spinal Fusion Market Size, By Procedure Type, 2023 (%)
100
Figure 45:
North America Minimally Invasive Spinal Fusion Market Size, By Value, 2013-2017 (USD Billion)
102
Figure 46:
North America Minimally Invasive Spinal Fusion Market Size, By Value, 2018E-2023F (USD Billion)
103
Figure 47:
North America Minimally Invasive Spinal Fusion Market Size and Share, By Procedure Type, 2017 (%)
105
Figure 48:
North America Minimally Invasive Spinal Fusion Market Size and Share, By Procedure Type, 2023 (%)
106
Figure 49:
North America Traditional Spinal Fusion Market: By Procedure Type, By Value, 2013-2023 (USD Billion)
108
Figure 50:
North America Minimally Invasive Spinal Fusion Market: By Type, By Value, 2013-2023 (USD Billion)
109
Figure 51:
U.S. Spinal Fusion Market Size, By Value, 2013-2023 (USD Billion)
112
Figure 52:
U.S., Per Capita Expenditure on Healthcare, 2012-2018E (In USD)
113
Figure 53:
U.S., Population ages 65 and above, 2013-2016 (% of total)
113
Figure 54:
U.S., Population ages 65 and above, Forecast (In Millions)
113
Figure 55:
U.S Spinal Fusion Market: By Procedure, By Value, 2013-2023 (USD Billion)
115
Figure 56:
U.S Traditional Spinal Fusion Market: By Procedure Type, By Value, 2013-2023 (USD Billion)
116
Figure 57:
U.S Minimally Invasive Spinal Fusion Market: By Procedure Type, By Value, 2013-2023 (USD Billion)
117
Figure 58:
Canada Spinal Fusion Market Size, By Value, 2013-2023 (USD Billion)
119
Figure 59:
Canada, Expenditure on Health as a share of GDP, 2012-2016 (in %)
120
Figure 60:
Canada, Per Capita Healthcare Expenditure, 2012-2016 (USD)
120
22
List of Figures Figure No.
Figure Title
Page No.
Figure 61:
Canada, Population ages 65 and above, 2012-2016 (% of total)
120
Figure 62:
Canada Spinal Fusion Market: By Procedure, By Value, 2013-2023 (USD Billion)
122
Figure 63:
Canada Traditional Spinal Fusion Market: By Procedure Type, By Value, 2013-2023 (USD Billion)
123
Figure 64:
Canada Minimally Invasive Spinal Fusion Market: By Procedure Type, By Value, 2013-2023 (USD Billion)
124
Figure 65:
North America Spinal Fusion Market, Country Share, 2017 (% of Total)
125
Figure 66:
North America Spinal Fusion Market, Country Share, 2023F (% of Total)
125
Figure 67:
Europe Spinal Fusion Market Size, By Value, 2013-2017 (USD Billion)
127
Figure 68:
Europe Spinal Fusion Market Size, By Value, Forecast, 2018-2023 (USD Billion)
128
Figure 69:
European Union, Population ages 65 and above, 2013-2017 (% of total)
129
Figure 70:
European Country Population Aged 65 and Above, 2012-2016 (% of Total)
129
Figure 71:
Breakdown of Total Health Expenditure in Europe (%)
130
Figure 72:
Per Capita Health Expenditure, By Select Country, 2016 (USD)
130
Figure 73:
Europe Traditional Spinal Fusion Market Size, By Value, 2013-2017 (USD Billion)
133
Figure 74:
Europe Traditional Spinal Fusion Market Size, By Value, 2018E-2023F (USD Billion)
134
Figure 75:
Europe Traditional Spinal Fusion Market Size and Share, By Region, 2017 (%)
135
Figure 76:
Europe Traditional Spinal Fusion Market Size and Share, By Region, 2023
136
Figure 77:
Europe Minimally Invasive Spinal Fusion Market Size, By Value, 2013-2017 (USD Billion)
138
Figure 78:
Europe Minimally Invasive Spinal Fusion Market Size, By Value, 2018E-2023F (USD Billion)
139
Figure 79:
Europe Minimally Invasive Spinal Fusion Market Size and Share, By Procedure Type,2017
140
Figure 80:
Europe Minimally Invasive Spinal Fusion Market Size and Share, By Procedure Type, 2023
141
23
List of Figure Figure No.
Figure Title
Page No.
Figure 81:
Europe Traditional Spinal Fusion Market: By Procedure Type, By Value, 2013-2023 (USD Billion)
143
Figure 82:
Europe Minimally Invasive Spinal Fusion Market: By Procedure Type, By Value, 2013-2023 (USD Billion)
144
Figure 83:
U.K Spinal Fusion Market Size, By Value, 2013-2023 (USD Billion)
147
Figure 84:
U.K, Per Capita Health Expenditure, 2013-2017 (USD)
148
Figure 85:
U.K, Health Expenditure, Share of GDP, 2013-2017 (In %)
148
Figure 86:
U.K Spinal Fusion Market: By Procedure, By Value, 2013-2023 (USD Billion)
150
Figure 87:
U.K Traditional Spinal Fusion Market: By Procedure Type, By Value, 2013-2023 (USD Billion)
151
Figure 88:
U.K Minimally Invasive Spinal Fusion Market: By Procedure Type, By Value, 2013-2023 (USD Billion)
152
Figure 89:
Germany Spinal Fusion Market Size, By Value, 2013-2023 (USD Billion)
154
Figure 90:
Germany, Per Capita Health Expenditure, 2013-2017 (USD)
155
Figure 91:
Germany, Health Expenditure, Share of GDP, 2013-2017 (In %)
155
Figure 92:
Germany, Population ages 65 and above, 2012-2016 (% total)
155
Figure 93:
Germany Spinal Fusion Market: By Procedure, By Value, 2013-2023 (USD Billion)
157
Figure 94:
Germany Traditional Spinal Fusion Market: By Procedure Type, By Value, 2013-2023 (USD Billion)
158
Figure 95:
Germany Minimally Invasive Spinal Fusion Market: By Procedure Type, By Value, 2013-2023 (USD Billion)
159
Figure 96:
Rest of Europe Spinal Fusion Market Size, By Value, 2013-2023 (USD Billion)
161
Figure 97:
Europe Spinal Fusion Market, Country Share, 2017 (% of Total)
162
Figure 98:
Europe Spinal Fusion Market, Country Share, 2023F (% of Total)
162
Figure 99:
APAC Spinal Fusion Market Size, By Value, 2013-2017 (USD Billion)
164
APAC Spinal Fusion Market Size, By Value, Forecast, 2018-2023(USD Billion)
165
Figure 100:
24
List of Figure Figure No.
Figure Title
Page No.
Figure 101:
Projected Growth of Urban population in APAC Region (In Billion)
166
Figure 102:
Projected Growth of APAC Elderly population (In Billion)
166
Figure 103:
Number of Medical Tourist in Select Countries with Medical Revenue in 2016 ( Million, Billion USD)
167
Figure 104:
Life Insurance Penetration, By Country, 2016-2017
167
Figure 105:
APAC Traditional Spinal Fusion Market Size, By Value, 2013-2017 (USD Billion)
170
Figure 106:
APAC Traditional Spinal Fusion Market Size, By Value, 2018E-2023F (USD Billion)
171
Figure 107:
APAC Traditional Spinal Fusion Market Size and Share, By Region, 2017 (%)
172
Figure 108:
APAC Traditional Spinal Fusion Market Size and Share, By Region, 2023
173
Figure 109:
APAC Minimal Spinal Fusion Market Size, By Value, 2013-2017 (USD Billion)
175
Figure 110:
APAC Minimal Spinal Fusion Market Size, By Value, 2018E-2023F (USD Billion)
176
Figure 111:
APAC Minimally Invasive Spinal Fusion Market Size and Share, By Procedure Type,2017
177
Figure 112:
APAC Minimally Invasive Spinal Fusion Market Size and Share, By Procedure Type, 2023
178
Figure 113:
APAC Traditional Spinal Fusion Market: By Type, By Value, 2013-2023 (USD Billion)
180
Figure 114:
APAC Minimally Invasive Spinal Fusion Market: By Type, By Value, 2013-2023 (USD Billion)
181
Figure 115:
Japan Spinal Fusion Market Size, By Value, 2013-2023 (USD Billion)
184
Figure 116:
Japan, GDP Growth Per Year, 2015-2019 (In %)
185
Figure 117:
Japan, Total Population, 2012-2022F (In Billion)
185
Figure 118:
Japan Population 65 Years & Above, 2012-2016 (% of total)
186
Figure 119:
Japan, Per Capita Healthcare Expenditure, 2012-2016 (In USD)
186
Figure 120:
Japan Spinal Fusion Market: By Procedure, By Value, 2013-2023 (USD Billion)
188 25
List of Figure Figure No.
Figure Title
Page No.
Figure 121:
Japan Traditional Spinal Fusion Market: By Procedure Type, By Value, 2013-2023 (USD Billion)
189
Figure 122:
Japan Minimally Invasive Spinal Fusion Market: By Procedure Type, By Value, 2013-2023 (USD Billion)
190
Figure 123:
China Spinal Fusion Market Size, By Value, 2013-2023 (USD Billion)
192
Figure 124:
China, Population ages 65 and above, 2012-2016 (% of total)
194
Figure 125:
China Healthcare Expenditure Outlook (%)
194
Figure 126:
China, GDP Growth Per Year, 2015-2019 (In %)
195
Figure 127:
China, Total Population, 2013-2021F (In Billion)
195
Figure 128:
China Spinal Fusion Market: By Procedure, By Value, 2013-2023 (USD Billion)
197
Figure 129:
China Traditional Spinal Fusion Market: By Procedure Type, By Value, 2013-2023 (USD Billion)
198
Figure 130:
China Minimally Invasive Spinal Fusion Market: By Procedure Type, By Value, 2013-2023 (USD Billion)
199
Figure 131:
Australia Spinal Fusion Market Size, By Value, 2013-2023 (USD Billion)
201
Figure 132:
Australia, GDP Growth Per Year, 2015-2019 (In %)
202
Figure 133:
Australia, Total Population, 2012-2022F (In Billion)
202
Figure 134:
Australia Spinal Fusion Market: By Procedure, By Value, 2013-2023 (USD Billion)
204
Figure 135:
Australia Traditional Spinal Fusion Market: By Procedure Type, By Value, 2013-2023 (USD Billion)
205
Figure 136:
Australia Minimally Invasive Spinal Fusion Market: By Procedure Type, By Value, 2013-2023 (USD Billion)
206
Figure 137:
Rest of Asia Pacific Spinal Fusion Market Size, By Value, 2013-2023 (USD Billion)
207
Figure 138:
Asia Pacific Spinal Fusion Market, Country Share, 2017 (% of Total)\
208
Figure 139:
Asia Pacific Spinal Fusion Market, Country Share, 2023F (% of Total)
208
Figure 140:
ROW Market Size, By Value, 2013-2017 (USD Billion)
210
26
List of Figure Figure No.
Figure Title
Page No.
Figure 141:
ROW Market Size, By Value, 2018E-2023F (USD Billion)
211
Figure 142:
Latin America and Caribbean, Total Population, 2012-2016
213
Figure 143:
Latin America and Caribbean, Share of Urban Population in Total Population, 2012-2016 (In %)
213
Figure 144:
Middle East and North Africa, Total Population, 2012-2016
214
Figure 145:
Middle East and North Africa, GDP, 2012-2016 (In Trillion USD)
214
Figure 146:
ROW Spinal Fusion Market: By Procedure, By Value, 2013-2023 (USD Billion)
217
Figure 147:
ROW Traditional Spinal Fusion Market: By Procedure Type, By Value, 2013-2023 (USD Billion)
218
Figure 148:
ROW Minimally Invasive Spinal Fusion Market: By Type, By Value, 2013-2023 (USD Billion)
219
Figure 149:
Medtronic, Net Sales, 2013-2017 (USD Billion)
242
Figure 150:
Medtronic, Sales, By Business Sector, 2017 (%)
242
Figure 151:
Medtronic PLC, Operations By Geographic Region, 2017 (%)
242
Figure 152:
Stryker Corporation, Sales Revenue, 2013-2017 (USD Billion)
244
Figure 153:
Stryker Corporation, Sales, By Business Segment, 2017 (%)
244
Figure 154:
Stryker Corporation, Sales, By Medical Technology, 2013-2017 (In Percentage)
245
Figure 155:
Zimmer Biomet, Sales Revenue, 2013-2017 (USD Billion)
247
Figure 156:
Zimmer Biomet, Sales, By Geographical Region, 2017 (%)
247
Figure 157:
Zimmer Biomet, Sales, By Medical Technology, 2013-2017 (In Percentage)
248
Figure 158:
Orthofix International, Sales Revenue, 2012-2016 (USD Thousands)
250
Figure 159:
Orthofix International, Sales, By Business Segment, 2016 (%)
250
Figure 160:
Orthofix International, By Geographical Region, 2017 (%)
250
27
List of Figures Figure No.
Figure Title
Page No.
Figure 161:
NuVasive, Inc., Total Revenue, 2013-2017 (USD Thousand)
252
Figure 162:
NuVasive, Inc., Sales, By Business Sector, 2017 (%)
252
Figure 163:
NuVasive, Inc., By Geographical Region, 2017 (%)
252
Figure 164:
NuVasive, Inc., Sales, By Product Line, 2015-2017 (USD Thousands)
253
Figure 165:
Globus Medical, Sales, 2013-2017 (USD Thousands)
255
Figure 166:
Globus Medical, Sales, By Business Sector, 2017 (%)
255
Figure 167:
Globus Medical, By Geographical Region, 2017 (%)
255
Figure 168:
K2M Group Holdings Inc., Revenue, 2013-2017 (USD Thousand)
257
Figure 169:
K2M Group Holdings Inc., Sales, By Business Sector, 2017 (%)
257
Figure 170:
K2M Group Holdings Inc., By Geographical Region, 2017 (%)
257
Figure 171:
Alphatec Spine, Revenue, 2013-2017 (USD Billion)
259
Figure 172:
Alphatec Spine, By Geographical Region, 2017 (%)
259
28
List of Figures Figure No.
Figure Title
Page No.
Table 1:
List of Abbreviations
32
Table 2:
Medical Tourism Index, By Region and Top Destinations
47
Table 3:
Medical Tourism Market Drivers
47
Table 4:
Recent Company Acquisitions in Spinal Fusion Market
53
Table 5:
Global Spinal Fusion Market Size, By Company Share, 2017
236
29
Research Methodology For our study on Global Spinal Fusion Market, we have conducted comprehensive secondary research followed by an extensive primary research. In the process of secondary research, we have scrutinized industry documents, accessed from open sources, premium paid databases (Bloomberg, Thomson Reuters, Factiva) and our internal knowledge base. In the process of primary research, we have interviewed various industry experts across the value chain of medical device industry.
Market size of the actual period (2013-2017) has been evaluated on the basis of growth trends of the industry in the last five years, and confirming the findings through primary research. Annual reports of the companies were scanned to further validate the market size and to estimate the size of various other end-user sectors. Market sizing and growth in the forecast period (2018-2023) is estimated through product mapping, application in end-user industries, growth of allied sectors and historical growth pattern of the industry. All the relevant data points/ statistics in the forecast period are validated through relevant and reliable primary sources.
Report Focus: Global Spinal Fusion Market - By Procedure Type- (Traditional and Minimally Invasive). - By Procedure Sub-Type- Traditional (ALIF, PLIF, Others), Minimally Invasive (MITLIF, XLIF, Others) - By Region (North America, Europe, Asia Pacific and Rest of the World) - By Country ( U.S., Canada, U.K., Germany, China, Japan, Australia) Companies Contacted: Medtronic, Stryker Corporation and Zimmer Biomet
30
Global Spinal Fusion Market Overview Global spinal fusion market boosted by rising share of aging population, increase in spinal disorders due to sedentary lifestyle and accidents coupled with various other ancillary factors. Figure 2: Global Spinal Fusion Market Size, By Value, 2013-2017 (USD Billion) CAGR 2013-2017 xx%
2013
2014
2015
2016
2017
Source: Azoth Analytics Estimates Xx Xx Xx Xx Xx Xx. 31
Global Spinal Fusion Market Rising share of elderly population across various countries along with swiftly evolving healthcare infrastructure is likely to fuel the demand growth in forecast period.
Figure 3: Global Spinal Fusion Market Size, By Value, Forecast, 2018-2023 (USD Billion) CAGR 2018-2023 xx%
2018
2019
2020
2021
2022
2023
Source: Azoth Analytics Estimates Xx
Xx Xx Xx Xx Xx
32
Global Spinal Fusion Market- By Procedure The segment of traditional spinal fusion held the major market share of approximately 65.34%, by value, in the year 2017.
Key Drivers Figure 15: Global Spinal Fusion Market Size, By Procedure, 2017 (%) xx
Traditional
xx
Minimally Invasive
xx Source: Azoth Analytics Estimates
33
Global Spinal Fusion Market- By Procedure In the forecast period, traditional spinal fusion segment is likely to maintain it’s dominant position in the overall market. However, minimally invasive is anticipated to be the faster growing segment.
Key Drivers Figure 16: Global Spinal Fusion Market Size, By Procedure, 2023 (%) xx
Traditional 40.00% xx
70.00%
Minimally Invasive
xx Source: Azoth Analytics Estimates
34
North America Traditional Spinal Fusion Market Overview ALIF technique for spinal fusion held the majority share in the market followed by PLIF
Key Drivers
Figure 43: North America Traditional Spinal Fusion Market Size, By Procedure Type, 2017 (%)
xx
ALIF
PLIF xx
Others
xx Source: Azoth Analytics Estimates
35
North America Traditional Spinal Fusion Market Overview The highest share is anticipated to be held by ALIF while PLIF and others are anticipated to witness a rise in their respective shares.
Key Drivers
Figure 44: North America Traditional Spinal Fusion Market Size, By Procedure Type, 2023 (%) xx
ALIF PLIF xx
Others
xx Source: Azoth Analytics Estimates
36
North America Minimally Invasive Spinal Fusion Market Overview MITLIF holds the highest share in the minimally invasive market segment followed by XLIF.
Key Drivers
Figure 47: North America Minimally Invasive Spinal Fusion Market Size and Share, By Procedure Type, 2017 (%)
xx
40.00%
MITLIF
60.00% XLIF xx
Others 50.00%
xx Source: Azoth Analytics Estimates
37
North America Minimally Invasive Spinal Fusion Market Overview The highest share is anticipated to be held by MITLIF while XLIF and others are anticipated to witness a rise in their respective shares
Key Drivers
Figure 48: North America Minimally Invasive Spinal Fusion Market Size and Share, By Procedure Type, 2023 (%) xx
MITLIF XLIF xx
Others
xx Source: Azoth Analytics Estimates
38
North America Traditional Spinal Fusion Market, By Procedure Type Figure 49: North America Traditional Spinal Fusion Market: By Procedure Type, By Value, 2013-2023 (USD Billion) CAGR 2013-2017 ALIF: -xx% PLIF: xx% Others: xx%
2013
2014
2015
CAGR 2018-2023 ALIF: -xx% PLIF: xx% Others: xx%
2016
2017
ALIF
2018
2019
PLIF
2020
2021
2022
2023
Others
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
ALIF
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
PLIF
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Others
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
1.Xx 2.Xx 3.Xx 4.Xx 5.Xx
Source: Azoth Analytics Estimates
39
U.S. Spinal Fusion Market, By Value United States spinal fusion market has increasingly grown through healthy growth in the number of PODs in the country. Figure 51: U.S. Spinal Fusion Market Size, By Value, 2013-2023 (USD Billion)
2013
CAGR 2013-2017
CAGR 2018-2023
xx%
xx%
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
Xx Xx Xx Xx Xx •
.
Xx
Source: Azoth Analytics Estimates
40
Porter Five Force Model: Spinal Fusion Market BUYER’S POWER – Moderate
BARRIERS TO ENTRY – Moderate to High 1. Xx
1. Xx
2. Xx
2. Xx
3. Xx
3. Xx 4. Xx
INDUSTRY COMPETITION- High 1. Xx 2. Xx 3. Xx SUPPLIER POWER – Low
THREATS OF SUBSTITUTES – Low
1. Xx
1. Xx
2 xx
2. Xx
3.xx
3. xx
(c) AZOTH Analytics
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SWOT Analysis Spinal Fusion Market Strengths
Opportunity
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
SWOT Weakness Xx Xx Xx Xx
Threats Xx Xx Xx Xx Xx
(c) AZOTH Analytics
42
Medtronic BUSINESS OVERVIEW
•
COMPANY AT A GLANCE
Headquartered in Dublin, Ireland, Medtronic is one of the leading manufacturer and provider of healthcare solutions across the globe.
•
Founded in the year 1949, by Earl Bakken and his brother-in-law Palmer
Hermundslie,
the
company
has
more
than
Company Type: Public Year of Incorporation : 1949
91,000 Product Categories: Brain therapies, pain therapies,
employees worldwide. •
Employees: More than 91, 000
specialty therapies and spine
Medtronic operates from over 370 locations situated in nearly 160 nations.
Website : http://www.medtronic.com/us-en/
Presence in Spinal Fusion Market •
Medtronic is one of the world’s largest medical technology, services and solutions companies — which aims to alleviate pain, restoration of health, and extend life for people around the world. The company’s 4 major business segments include cardiac and vascular, minimally invasive therapies, restorative therapies and diabetes.
•
In 2016, they discovered the gene responsible for sudden cardiac death, are progressing over making an artificial pancreas and the Minimally Invasive Therapies Group (MITG) is performing studies on superDimension™ navigation system for the
early
detection of lung cancer.
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About Azoth Analytics Pvt Ltd. Our business research and market analysis helps organizations across different industry verticals solve their business problems. We are always scrupulous about our work and provide customized market research reports revealing the hidden truths on different verticals like pharmaceutical, oil and gas, telecommunications, real estate, logistics, energy, healthcare, technology, FMCG, food & beverages and media sectors.
Disclaimer: Azoth Analytics report information is based mainly on interviews and therefore, is subject to fluctuation. Azoth Analytics therefore, takes no responsibility for any incorrect information supplied to us by industry experts, manufacturers or users. Azoth does not warranty the completeness of the information and data. Also, analysis provided in the report are meant for customers’ internal use only and not for general publication or disclosure to third parties.
(c) AZOTH Analytics
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