Current Trends in Spinal Fusion Devices Market with Future Scope Analysis

Page 1

Spinal Fusion Devices Market: Trends and Forecasts up to 2024

INFINIUM GLOBAL RESEARCH


Spinal Fusion Devices Market: Trends and Forecasts up to 2024

The Infinium Global Research analyzes the report of Spinal Fusion Devices Market over the period of 2018 to 2024. This report also provides detailed qualitative and quantitative analyses of the market dynamics, market size and future trends in Global Spinal Fusion Devices Market. It will help a lot of decision makers to develop strategies and find new opportunities in the Global markets of Spinal Fusion Devices. The report covers market changing aspects including drivers, restraints, opportunities, and trends expected to encouragement the expansion of the Spinal Fusion Devices Market during the said period. The report also provides market attractiveness analysis, by geography, and market share analysis, by key players respectively. Some of the prominent participants in the Global Spinal Fusion Devices Market are product type (thoraco-lumbar, cervical fixation devices, interbody fusion devices), end-user (clinics, hospitals, ambulatory surgical centers, orthopedic centers), surgery type (open surgery, minimally invasive surgery) According to report the global spinal fusion devices market is projected to grow at a CAGR of 3% over the forecast period of 2018-2024. For More Details Get Free Few Sample Pages of this Premium Report: https://www.infiniumglobalresearch.com/reports/sample-request/1656 Spine fusion is a surgical procedure used to correct problems related to small bones in the spine. It is welding process. In this procedure two or more vertebrae are fuse together so that they heal into a single, solid bone. This is done for elimination of pain and restore stability of spine. This procedure can be performed in the cervical, thoracic and lumbar spine. Spine fusion devices are used to provide stability to spinal structure and loss occur due to degenerative disorder of the spine, tumors, stenosis and trauma. According to the world health organization, Based on the 2012 world population estimation, every year between 250 000 and 500 000 people suffer a spinal cord injury. Traumatic spinal cord injury (TSCI) incidence rates vary widely across the world, 13 to 53 cases per million population. Road side accidents are the leading cause of the TSCI. The major factor such as growing incidences of spinal disorder such as Osteoarthritis, Low back pain, Spinal disease, Injury, Degenerative disc disease, Chronic pain Spinal cord injury and Spinal fracture occur in young adults and elder people globally are driving the growth of market. However, high cost of treatment procedure may restrains the growth of the Spinal Fusion Devices Market. Going further, advancement in innovative screw systems and modern materials 2

Š Infinium Global Research


Spinal Fusion Devices Market: Trends and Forecasts up to 2024

such as titanium alloy used for the manufacturing of locking mechanism is anticipated to create growth opportunities for the Spinal Fusion Devices Market in near future. In the coming years, rise in demand from orthopedic centers and clinical of Spinal Fusion Devices will provide growth opportunities for the market. Among the regions, North America is anticipated to be the leading region in the spinal fusion devices market followed by the Asia pacific region. The factor attributing the growth of market in this region are growing focus of market players on the innovation in the devices and rising awareness about the advanced treatment. The growth in Asia pacific region due to growing incidences of spinal disorder, low cost of spine procedure in India as compared to U.S. and rapidly aging population are the driving forces for the growth of this region. Segment Covered The report on global spinal fusion devices market covers segments such as, product type, end-user and surgery type. On the basis of product type the global spinal fusion devices market is categorized into thoraco-lumbar fixation devices, cervical fixation devices and interbody fusion devices. On the basis of end-user the global spinal fusion devices market is categorized into clinics , hospitals, ambulatory surgical centers and orthopedic centers. On the basis of surgery type the global spinal fusion devices market is categorized into open surgery and minimally invasive surgery. Geographic Coverage The countries covered in the North America region include the U.S., Canada, and Mexico; while Asia-Pacific includes China, Japan, India, South Korea, Malaysia, and among others. Moreover, Germany, U.K., France, Spain, and Rest of Europe are included in the European region. The U.S. drives the growth in the North America region as it is the largest market in the region. The Asia-pacific region offers a substantial potential for the market growth owing to rapid growth in markets such as India and China. The APAC region is projected to experience a growth at a CAGR of x.x% over the period of 2018-2024. Major Key Players Mentioned in this Premium Report The report provides profiles of the companies in the global spinal fusion devices market such as, Titan Spine LLC, K2M Group Holdings Inc., NuVasive Inc., Zimmer 3

Š Infinium Global Research


Spinal Fusion Devices Market: Trends and Forecasts up to 2024

Biomet Holdings Inc., Medtronic plc, Braun Melsungen AG, Alphatec Holdings Inc., Orthofix International N.V., Stryker Corporation and Globus Medical Inc. Report Highlights: The report provides deep insights on demand forecasts, market trends and micro and macro indicators. In addition, this report provides insights on the factors that are driving and restraining the global spinal fusion devices market. Moreover, IGRGrowth Matrix analysis given in the report brings an insight on the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of spinal fusion devices market. Moreover, the study highlights current market trends and provides forecast from 2018-2024. We also have highlighted future trends in the spinal fusion devices market that will impact the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight on the market share of the leading players. This report will help manufacturers, suppliers and distributors of the spinal fusion devices market to understand the present and future trends in this market and formulate their strategies accordingly. Browse Detailed TOC, Description, and Companies Mentioned in Report @ https://www.infiniumglobalresearch.com/healthcare-medical-devices/globalspinal-fusion-devices-market

4

Š Infinium Global Research


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.