Spinal devices are utilized in spinal cord injury to regain bodily sensations such as mobility or feeling. The spinal cord injury is distinct from back injuries, and the patient experiences significant disorders such as spinal stenosis, ruptured disks or pinched nerves. Few surgeries, such as minimally invasive spine surgery, maintain the vertebral bones and spinal joints, which relieve pressure from spinal nerves.
MARKET DYNAMICS
The spinal devices market is driving due to the increased use of spinal devices in elderly patients and arthritis patients, increased production number of spinal implants, spinal surgery, and ongoing research on improving quality of care for continence. However, therapeutics and ongoing drug investigations to overcome the pain of surgery hinder the market's growth. Moreover, progress in technology and an increase in several spinal surgeries, aging among the population are expected to provide opportunities in the spinal devices market.
MARKET SCOPE
The "Spinal Devices Market Analysis to 2028" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of spinal devices market with detailed market segmentation by product type, indication and end user. The spinal devices 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 spinal devices market and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The spinal devices market is segmented on the basis of product type, indication and end user. Based on product type, the market is segmented as fusion devices, non-fusion devices, and stimulation devices. Based on indication, the market is segmented as degenerative disc disease, traumas & fractures, complex deformity, others. Based on end user, the market is segmented as hospitals, ambulatory surgery centers, specialty clinics, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the Spinal devices 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 spinal devices 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 spinal devices 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 Spinal devices market in these regions.
MARKET PLAYERS
The report covers key developments in the spinal devices market as 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 Spinal devices market are anticipated to have lucrative growth opportunities in the future with the rising demand for Spinal devices in the global market. Below mentioned is the list of few companies engaged in the Spinal devices market.
The report also includes the profiles of key players in spinal devices 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.
- Medtronic
- Stryker
- Smith & Nephew
- Zimmer Biomet
- DePuy Synthes (J&J Medical Devices)
- NuVasive, Inc.
- Globus Medical
- RTI Surgical
- ATEC Spine, Inc
- Aesculap, Inc. (B. Braun)
The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the existing study.