Spinal Surgery Devices Market to See Huge Growth
HTF Market Intelligence published a new research publication on “Spinal Surgery Devices Market Insights, to 2029″ with 100+ pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Spinal Surgery Devices market was mainly driven by the increasing R&D spending across the world.
Some of the key players profiled in the study are:
ChoiceSpine (United States), 4Med Medical (Israel), Atec Spine (United States), Aesculap Implant Systems (United States), Bioventus (United States), Arthrex (United States), Camber Spine (United States), GS Medical (United States), Conformis (United States), Conventus Orthopaedics (United States)
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According to HTF Market Intelligence, the Global Spinal Surgery Devices market to witness a CAGR of 5.2% during forecast period of 2023-2029. The market is segmented by Application (Hospitals, Specialty Clinics, Ambulatory Surgical Centers) by Type (Spinal Decompression, Spinal Fusion, Fracture Repair Devices, Arthroplasty Devices, Non-fusion Devices) and by Geography (North America, South America, Europe, Asia Pacific, MEA). The Spinal Surgery Devices market size is estimated to increase by USD at a CAGR of 5.2% from 2023 to 2029.
Scope of the Report of Spinal Surgery Devices
According to the American Association of Neurological Surgeons, more than 65 million Americans suffer from lower back pain, annually, while according to the Chicago Institute of Neurosurgery and Neuroresearch, at the age of fifty, 85% of the population is likely to show evidence of disc degeneration. The spinal surgical procedure has transformed significantly due to the introduction of the non-invasive method. Spinal Surgery Devices are used to Provide Stability to Spinal structure, which has lost stability due to a Fracture, Degenerative Disorders of the Spine, Trauma, Tumors, and Deformity. Spinal cord injuries occurs due to various reasons such as a Blocked blood supply, Infections, Injuries, and Compression by a Fractured bone or a Tumor. Rapid product launch and frequent approval of novel spinal fusion devices are expected to drive growth of the Global Spinal Fusion Market. Interestingly, According to a study published in SpineUniverse in 2017, disc herniation is the most common indication for spinal surgery, and around 75% of all spinal surgeries were performed for Herniated disc.
The titled segments and sub-section of the market are illuminated below:
Application (Hospitals, Specialty Clinics, Ambulatory Surgical Centers) by Type (Spinal Decompression, Spinal Fusion, Fracture Repair Devices, Arthroplasty Devices, Non-fusion Devices) and by Geography (North America, South America, Europe, Asia Pacific, MEA)
Market Trends:
- New Product Launch in Medical Sector
- Emergence of Image Guided Robotic Interventions for Minimally Invasive Procedures
- Clinical trials are in the process for further development in Spinal Surgery Device Market
Market Drivers:
- Increasing Demand for Spine Biologics
- Owing to Demand for Minimally Invasive Surgeries
- Growing Investment by the Government in Health Care Infrastructure
- Rising Spine Problems among Obese Population Leading to Obesity
Market Opportunities:
- Significant Product launch
- Increasing Adoption of Minimally Invasive Procedures in Spinal Surgery
- Untapped Emerging Economies
Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa
Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.
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Points Covered in Table of Content of Global Spinal Surgery Devices Market:
Chapter 01 – Spinal Surgery Devices Executive Summary
Chapter 02 – Market Overview
Chapter 03 – Key Success Factors
Chapter 04 – Global Spinal Surgery Devices Market – Pricing Analysis
Chapter 05 – Global Spinal Surgery Devices Market Background
Chapter 06 — Global Spinal Surgery Devices Market Segmentation
Chapter 07 – Key and Emerging Countries Analysis in Global Spinal Surgery Devices Market
Chapter 08 – Global Spinal Surgery Devices Market Structure Analysis
Chapter 09 – Global Spinal Surgery Devices Market Competitive Analysis
Chapter 10 – Assumptions and Acronyms
Chapter 11 – Spinal Surgery Devices Market Research Methodology
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