Spinal Implants and Surgery Devices Market Trends, Demand, Growth, Challenges and Investment Opportunities by 2026

According to IMARC Group’s latest report, titled “Spinal Implants and Surgery Devices Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global spinal implants and surgery devices market reached a value of US$ 10.1 Billion in 2020. Looking forward, IMARC Group expects the market to exhibit moderate growth during 2021-2026. Spinal implants and surgical devices are a range of equipment used by surgeons to stabilize, strengthen and treat deformity of the spine and provide fusion. The implants can treat various ailments, including scoliosis, spondylolisthesis, fracture, kyphosis, and degenerative disc disease. Spinal implants can be categorized into fusion and non-fusion. Amongst these, fusion devices include rods, pedicle screws, hooks, cages and plates and non-fusion implants include expandable rods and artificial discs.

As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviors of the consumers globally–our estimates about the latest market trends and forecast values after considering the impact of this pandemic. These observations will be integrated into the report.

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Market Trends and Drivers:

The growing incidences of spinal injuries amongst the adult demographic are majorly driving the global spinal implants and surgery devices market. The rapid rise in the geriatric population and the increasing prevalence of spinal ailments are further contributing to the market growth. Moreover, leading players are continuously investing in the development of innovative spinal surgery technologies, which is fueling the market growth. Besides this, the increasing manufacturing of simple, effective and easy-to-use spinal implants is positively influencing the market growth.

Spinal Implants and Surgery Devices Market 2021-2026 Competitive Analysis and Segmentation:

Competitive Landscape With Key Players:

The competitive landscape of the spinal implants and surgery devices market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these key players include:

• Medtronic Plc
• Exactech Inc. (Choice Spine)
• Globus Medical Inc.
• Nuvasive Inc. (Smith & Nephew Plc)
• Orthofix Medical Inc.
• RTI Surgical Inc.
• B. Braun (B. Braun Holding GmbH & Co. KG)
• Stryker Corporation
• Zimmer Biomet Holdings Inc.
• Abbott Laboratories
• Boston Scientific
• Depuy Synthes (Johnson & Johnson)
• Integra LifeSciences Holdings Corporation

Key Market Segmentation:

The report has segmented the global spinal implants and surgery devices market on the basis of product, type of surgery, end user and region.

Breakup by Product:

• Thoracic Fusion and Lumbar Fusion Devices
• Cervical Fusion Devices
• Spine Biologics
• Vertebral Compression Fracture Treatment Devices
• Spinal Decompression Devices
• Non-Fusion Devices
• Spine Bone Stimulators

Breakup by Type of Surgery:

• Open Surgeries
• Minimally Invasive Surgeries

Breakup by End User:

• Hospitals
• Ambulatory Surgery Centers
• Others

Breakup by Region:

• North America
• Asia Pacific
• Europe
• Latin America
• Middle East and Africa

Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/spinal-implants-surgery-devices-market

Key Highlights of the Report:

• Market Performance (2015-2020)
• Market Outlook (2021-2026)
• Porter’s Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• The Impact of COVID-19 on the Global Market
• Value Chain Analysis
• Structure of the Global Market
• Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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