The Spine Implants by The Business Research Company provides market overview across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Spine Implants, The spine implants market size has grown strongly in recent years. It will grow from $11.54 billion in 2023 to $12.23 billion in 2024 at a compound annual growth rate (CAGR) of 6.0%. The growth in the historic period can be attributed to rising incidences of spinal disorders, growth in the number of healthcare facilities, growing demand for spine surgeries in emerging markets, rapid growth in elderly population, launch of advanced bone grafting products, and increasing adoption of minimally invasive spine surgeries.
The spine implants market size is expected to see strong growth in the next few years. It will grow to $15.17 billion in 2028 at a compound annual growth rate (CAGR) of 5.5%. The growth in the forecast period can be attributed to advancements in spine surgery technologies, increasing elderly population, changes in lifestyles, faster economic growth and increasing reimbursement for spine implants. Major trends in the forecast period include adopting nanosurface technology to development of novel bioceramic materials, focusing on development of smart metals, developing novel motion preservation devices for spine implants, investing in 3d printing technologies, offering patient specific instrumentation and adaptive spine technology (ast), focusing on minimally invasive spinal surgery and novel endoscopic spinal surgery..
The rising incidences of spinal disorders are contributing to the growth of the global spine implants market. According to Branko PRPA, surgical in September 2021, annually there are 1.34 to 4.6 spinal cases per million and 1,400 new cases diagnosed each year, with 33,000 having some type of disability in the US and among them, 30% of the adult female population suffers from lower back pain, compared to 25 percent of the adult male adult population and this is approximately 31% of men acknowledged that their condition affects their employment compared to 20% of women. In 2021, the prevalence of neuropathic pain was found to be between 16% and 55%. Therefore, the increased prevalence of spinal disorders along with the ease in treatment by MISS approaches is driving the global spinal implants market.
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The spine implants market covered in this report is segmented –
1) Spine Implants Market By Product: Spinal Fusion Devices, Non-Fusion Devices/Motion Preservation Devices, Vertebral Compression Fracture (VCF) Treatment Devices, Spinal Bone Stimulators And Spine Biologics
2) Spine Implants Market By Procedure: Open Surgery, Minimally Invasive Surgery (MIS)
3) Spine Implants Market By Material: Metallic, Polymeric, Ceramic
4) Spine Implants Market By End User: Hospitals, Specialty Orthopedic And Spine Centers, Ambulatory Surgical Centers
The innovation of implants in providing minimally invasive and motion-preserving stabilization is a major trend in the spine implants market. For example, RTI Surgical Holdings, a global surgical implant company, has launched the first and only posterior lumbar motion preservation solution, Coflex. Coflex is a differentiated, minimally-invasive, motion-preserving stabilization implant that is FDA PMA-approved for the treatment of moderate to severe lumbar spinal stenosis (LSS). It can be directly implanted following a surgical decompression, without fusing the bones. The device comes in different sizes to fit the patient’s anatomy, and this can be performed even in an outpatient setting.
The spine implants market report table of contents includes:
1. Executive Summary
2. Spine Implants Market Characteristics
3. Spine Implants Market Trends And Strategies
4. Spine Implants Market - Macro Economic Scenario
5. Global Spine Implants Market Size and Growth
.....
32. Global Spine Implants Market Competitive Benchmarking
33. Global Spine Implants Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Spine Implants Market
35. Spine Implants Market Future Outlook and Potential Analysis
36. Appendix
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The Business Research Company’s latest report Spine Implants Global Market Report 2020 covers Spine Implants market drivers, Spine Implants market trends, Spine Implants market segments, Spine Implants market growth rate, Spine Implants market major players, and Spine Implants market size.
The report provides in-depth analysis of the impact of COVID-19 on the Spine Implants industry, along with revised market numbers due to the effects of the coronavirus.View Complete Report: https://www.thebusinessresearchcompany.com/report/spine-implants-market-global-report-2020-30-covid-19-growth-and-changeSpine Implants Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies.
The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market.
The chapter also covers markets which have been positively affected by the pandemic.Request for the sample now: https://www.thebusinessresearchcompany.com/sample.aspx?id=3279=smpThe global spine implants market is expected to decline from $12.44 billion in 2019 to $11.83 billion in 2020 at a compound annual growth rate (CAGR) of -4.92%.
The decline is mainly due to the COVID-19 outbreak that has led to restrictive containment measures involving social distancing, remote working, and the closure of industries and other commercial activities.
The outbreak decreased the demand for spine implants as the treatments for spinal problems were on hold to serve the COVID patients, impacting the market negatively.
Americas Orthopedic Biomaterial Market information, By type of material (Metal and Non metal), By Application (Joint Replacement, fracture Fixation Devices, Tissue Fixation, Spine implants Viscosupplementation and Other) - Forecast to 2027Market Synopsis:According to Market Research Future (MRFR)’s latest analysis, the Americas orthopedic biomaterial market is set to thrive at a robust CAGR of 11.5% during the forecast period 2017 to 2023.
The extensive use of biomaterials for internal fracture fixation is one of the key factors responsible for the growth of the market.The increasing orthopedic patient pool coupled with the exponential geriatric population is expected to drive the proliferation of the Americas orthopedic biomaterial market.
Additionally, the rising rate of accidents causing bone injuries coupled with increasing count of knee surgeries are likely to expedite the expansion of the Americas orthopedic biomaterial market over the assessment period.The rising demand for hip replacement surgeries is another major factor projected to have a positive impact on the expansion of the Americas orthopedic biomaterial market in the forthcoming years.
Meanwhile, factors such as high cost and failure of joint implants are poised to hold the growth of the market in the next few years.Competitive Dashboard:Some of the key players profiled in this report are Carpenter Technology Corporation (US), CeramTec (Germany), Ceradyne (US), Heraeus Medical Components (US), Purac Biomaterials (US), Acumed (US), Amedica Corporation (US), Osteotech, Inc. (US), Cam Bioceramics B.V. (Netherland), Materion Corporation (US), Ulbrich Stainless Steel & Special Metals, Inc. (US), Kyocera Corporation (Japan), Ticona GmbH (Germany), Johnson & Johnson (US), and Landec Corporation.
The metals segment is further sub-segmented into stainless steel, Titanium Alloy, Cobalt alloy, and others.
The fracture fixation devices segment has been sub-segmented into screws, plates for bones, rods, and others.Browse Detailed TOC with COVID-19 Impact Analysis at: https://www.marketresearchfuture.com/reports/americas-orthopedic-biomaterial-market-641 Regional Outlook:The regional analysis of the Americas orthopedic biomaterial market spans across the U.S., Canada, and the Rest of America.
Market Synopsis:According to Market Research Future (MRFR)’s latest analysis, the Americas orthopedic biomaterial market is set to thrive at a robust CAGR of 11.5% during the forecast period 2017 to 2023.
Additionally, the rising rate of accidents causing bone injuries coupled with increasing count of knee surgeries are likely to expedite the expansion of the Americas orthopedic biomaterial market over the assessment period.The increasing patient pool has encouraged the government to take initiatives for increasing awareness as well as seamless access to orthopedic surgeries.
Meanwhile, factors such as high cost and failure of joint implants are poised to hold the growth of the market in the next few years.Market Segmentation:By material, the Americas orthopedic biomaterial market has been segmented into metals and non-metals.
The non-metals segment has been sub-segmented into ceramic, polymeric, natural biomaterials and others.By application, Americas orthopedic biomaterial market has been segmented into joint replacement, fracture fixation devices, tissue fixation, spine implants, viscosupplementation, and others.
The fracture fixation devices segment has been sub-segmented into screws, plates for bones, rods, and others.Regional Outlook:The regional analysis of the Americas orthopedic biomaterial market spans across the U.S., Canada, and the Rest of America.
The U.S. is the most significant country-level market of the region and is poised to witness substantial growth in the forthcoming years.
