MarkNtel Advisors, a leading market research firm, has showed its latest study titled "Global Spinal Implants Market", offering a detailed industry overview and market perspective. This comprehensive research provides insights into the current state of the market, highlighting recent advancements and emerging trends.
The report combines in-depth quantitative analysis with qualitative analysis; it ranges from macro-overviews of the overall market size, industry chain, and market dynamics to micro details of segment markets. This, as a result, provides a thorough overview of the industry under study as well as a profound understanding of all of its important features.
Analysis and Insights into the Global Spinal Implants Market: 2024-2030
The Global Spinal Implants Market size was valued at USD 10.6 billion in 2023 and is estimated to grow at a CAGR of around 6.1% during the forecast period, i.e., 2024-30.
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Global Spinal Implants Market Driver:
Rising Prevalence of Spinal Disorders to Elevate the Demand Graph – Driven by age & degenerative causes such as osteoarthritis, injuries, etc., the prevalence of various spinal disorders, such as spinal stenosis, spondylolisthesis, and degenerative disc disease, has increased. This has resulted in increased adoption of spinal implants and has accelerated the growth of the Global Spinal Implants Market. Further, the incidence of low back pain (LBP) is increasing across the world. For instance, as per the World Health Organisation (WHO), it is estimated that the number of cases of low back pain (LBP) would increase to 843 million by 2050, up from 619 million in 2020, pushed largely by population expansion & aging.
Individuals with chronic back pain who remain unresponsive to traditional treatments, such as physical therapy, medication, and injections have started considering spinal implants. The spinal implants offer structural stability to the spine by stabilizing segments & decreasing nerve pressure, resulting in reduced agony. Moreover, the demand for spinal implants would increase, considering many people would go for spinal procedures.
Global Spinal Implants Market Segmentation:
The Global Spinal Implants Market is categorized in to different segments. Analyzing growth across these segments enables a comprehensive understanding of key growth areas within the industry. This segmentation provides valuable market insights, empowering stakeholders to make strategic decisions and identify primary market applications effectively.
By Product
-Thoracic & Lumbar Fusion Devices- Market Size & Forecast 2019-2030, USD Million
-Posterior Thoracic & Lumbar Fusion Devices - Market Size & Forecast 2019-2030, USD Million
-Interbody Thoracic & Lumbar Fusion Devices- Market Size & Forecast 2019-2030, USD Million
-Anterior Thoracic & Lumbar Fusion Devices- Market Size & Forecast 2019-2030, USD Million
-Cervical Fusion Devices- Market Size & Forecast 2019-2030, USD Million
-Anterior Cervical Fusion Devices- Market Size & Forecast 2019-2030, USD Million
-Posterior Cervical Fusion Devices- Market Size & Forecast 2019-2030, USD Million
Spine Biologics- Market Size & Forecast 2019-2030, USD Million
-Demineralized Bone Matrix- Market Size & Forecast 2019-2030, USD Million
-Bone Morphogenetic Proteins- Market Size & Forecast 2019-2030, USD Million
-Bone Substitutes- Market Size & Forecast 2019-2030, USD Million
-Machined Bones- Market Size & Forecast 2019-2030, USD Million
-Cell-based Matrices- Market Size & Forecast 2019-2030, USD Million
-Allograft Bone- Market Size & Forecast 2019-2030, USD Million
-VCF Treatment Devices- Market Size & Forecast 2019-2030, USD Million
-Balloon Kyphoplasty Devices- Market Size & Forecast 2019-2030, USD Million
-Vertebroplasty Devices- Market Size & Forecast 2019-2030, USD Million
-Spinal Decompression Devices- Market Size & Forecast 2019-2030, USD Million
-Discectomy- Market Size & Forecast 2019-2030, USD Million
-Laminoplasty, Laminectomy, and Laminotomy- Market Size & Forecast 2019-2030, USD Million
-Foraminotomy & Foraminectomy- Market Size & Forecast 2019-2030, USD Million
-Facetectomy- Market Size & Forecast 2019-2030, USD Million
Corpectomy- Market Size & Forecast 2019-2030, USD Million
-Non-fusion Devices- Market Size & Forecast 2019-2030, USD Million
-Dynamic Stabilization Devices- Market Size & Forecast 2019-2030, USD Million
-Artificial Discs- Market Size & Forecast 2019-2030, USD Million
-Annulus Repair Devices- Market Size & Forecast 2019-2030, USD Million
-Nuclear Disc Prostheses- Market Size & Forecast 2019-2030, USD Million
-Spine Bone Stimulators- Market Size & Forecast 2019-2030, USD Million
-Non-invasive Spine Bone Stimulators- Market Size & Forecast 2019-2030, USD Million
-Invasive Spine Bone Stimulators- Market Size & Forecast 2019-2030, USD Million
By Application
-Spinal Fusion & Fixation- Market Size & Forecast 2019-2030, USD Million
-VCF Treatment- Market Size & Forecast 2019-2030, USD Million
-Motion Preservation/Non-fusion- Market Size & Forecast 2019-2030, USD Million
-Spinal Decompression- Market Size & Forecast 2019-2030, USD Million
By Type of Surgery
-Open Surgery- Market Size & Forecast 2019-2030, USD Million
-Minimally Invasive Surgery- Market Size & Forecast 2019-2030, USD Million
By End User
-Hospitals- Market Size & Forecast 2019-2030, USD Million
-Specialty Clinics- Market Size & Forecast 2019-2030, USD Million
-Others (Ambulatory Surgical Centers, Research Organisations, etc.).
Geographical Analysis into the Global Spinal Implants Market:
· North America
· South America
· Europe
· The Middle East & Africa
· Asia-Pacific
Read Detailed Index of full Research Study at – https://www.marknteladvisors.com/research-library/spinal-implants-market.html
Competitive Landscape and Global Spinal Implants Market Share Analysis:
The competitive landscape of the Global Spinal Implants Market includes comprehensive details about competitors. These details encompass company overviews, financial performance, revenue generation, market potential, investments in research and development, new market strategies, production facilities, strengths and weaknesses, product launches, ongoing trials, approvals, patents, product range, dominant applications, and technology life cycle.
The report features major players including:
Medtronic Plc, Johnson & Johnson Medtech, Nuvasive, Inc, Stryker Corporation, Globus Medical, Inc., Zimmer Biomet Holdings, Inc., Orthofix International N.V., Ulrich Gmbh & Co. Kg, B. Braun Melsungen Ag, Integra Lifesciences Holdings Corporation, Boston Scientific Corporation, Abbott Laboratories, Spineart, Centinel Spine Llc, Premia Spine, Others,
Market research studies from MarkNtel Advisors are offered in PDF, Excel and PowerPoint formats. Within 24 hours of the payment being successfully received, the report will be sent to your email address.
Questions Addressed in this Study
· What factors are driving the Global Spinal Implants Market growth?
· How is the Global Spinal Implants Market expected to grow over the next five years?
· What are the key insights into the current trends in the Global Spinal Implants Market?
· What is the current size of the Global Spinal Implants Market, and how is it projected to change in the future?
· What is the future outlook for the Global Spinal Implants Market in terms of technological advancements and market expansion?
Why choose MarkNtel?
MarkNtel Advisors is a leading market research company, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.
Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.
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