Anular Closure Device is a kind of a spinal implant which is inserted at the lower back to prevent the incidences of herniated disc. This implant is mainly indicated to a patients with weakness and numbness in lower back and that pain can felt to legs. That pain is due to herniation and those implants help to correct it with discectomy procedures.
MARKET DYNAMICS
The key market drivers for Anular Closure Device Market Includes, rising incidences of lumbar discectomy procedures along with disc herniation, increase in cases of injuries road accidents, introduction of novel spine implant technologies, rising healthcare expenditures are the factors expected to drive market growth during the forecast period. However, risk associated with anular closure devices is a restraining factor for the market.
MARKET SCOPE
The "Anular Closure Device Market" is a specialized and in-depth study of the Medical Device industry with a special focus on the global market trend analysis. The report aims to provide an overview of Anular Closure Device market with detailed market segmentation by product type, and end user. The Anular Closure Device Market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading players in Anular Closure Device Market and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The Anular Closure Device Market is segmented on the basis of product type and end user. On the basis of product type the market is segmented as, suturing system, surgical mesh and reherniation reduction device. And on the basis of end user the market is segmented into, hospitals, ambulatory surgical centers and spine surgery centers.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the Anular Closure Device Market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The Anular Closure Device Market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting Anular Closure Device Market from both demand and supply side and further evaluates market dynamics affecting the market during forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the Anular Closure Device Market in these regions.
MARKET PLAYERS
The report covers key developments in the Anular Closure Device Markets organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from Anular Closure Device Market are anticipated to have lucrative growth opportunities in the future with the rising demand for, Anular Closure Device market in the global market. Below mentioned is the list of few companies engaged in the Anular Closure Device Market.
The report also includes the profiles of key players in Anular Closure Device Market along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered financial information of last 3 years, key development in past five years.
- Intrinsic Therapeutics
- Anulex Technologies,Inc
- Magellan Spine Technologies,Inc
- Barricaid
- KoreaMed Synapse
- Centinel Spine LLC
- SpineVision S.A
- Genesys Spine
- Global Biomedica
- SpineGuard
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