U.S. Spinal Implants Market is forecasted to grow at 5.1% with factor such as advancements in surgical technologies.
The progress in the demand for spinal implants in healthcare facilities is due to the rising incidence of scoliosis, kyphosis, degenerative spinal disorder, degenerative disc diseases and geriatric population in the U.S. The vast product portfolio with enormous options for almost all major spinal injuries further impels the U.S. spinal implants market growth. But product recall by various companies hampers the future growth of market.
Spinal Implants Market Scenario
According to Data Bridge Market Research, the market leader for spinal implants market is Stryker, which is accounting market share of 22%-26% in the forecast period. The company have outstanding sales for the spinal implants products. For instance,
- In November 2020, Stryker announced that it has acquired the Wright Medical Group N.V., a medical devices company focused on extremities and biologics across globe. This acquisition done by the company has increased the product portfolio of the company leading to increased sales and demand for its products in future.
Trends Impacting the Market
The spinal implants market is becoming more competitive every year with companies such as Stryker, Johnson & Johnson Services Inc. and Medtronic as they are the market leaders for spinal implants. Data Bridge Market Research new reports highlight the major growth factors and opportunities in the spinal implants market.
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Spinal implants market Development
- In February 2021, Medtronic announced that major surgeons have utilized Medtronic’s newly approved Midas Rex and Mazor Robotic guidance system for successfully performing minimally invasive spinal procedures. This has become the next step in spine surgeries, thereby increased credibility and revenue over the market.
Scopes of the Spinal Implants Market
All country based analysis of spinal implants market is further analyzed based on further segmentation. On the basis of product, the spinal implants market is segmented into fusion devices, non-fusion devices, spine biologics, spine bone stimulators and others. On the basis of material, the spinal implants market is segmented into metals, ceramic, biomaterial, polymers and others. On the basis of technology, the spinal implants market is segmented into fusion, spine biologics, VCF, decompression, motion preservation and others On the basis of surgery type, the spinal implants market is segmented into open surgeries and minimally invasive surgeries. On the basis of end user, the spinal implants market is segmented into hospitals, specialty clinics, spine centers, trauma centers, ambulatory surgical centers (ASCS), and others. On the basis of distribution channel, the implants market is segmented into direct tender and retail sales.
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Key Pointers Covered in Spinal Implants Market Industry Trends and Forecast to 2028
- Market Size
- Market Standards and Changes
- Market Trials in Different Regions
- Market Requirements in Different Regions
- Market Shares in Different Regions
- Recent Developments for Market Competitors
- Recent Market Value for Different regions
- Sales Data for Market Competitors
- Market Key Vendors and Disruptors Study
- Impact of COVID-19 in the market
Key Market Competitors Covered in the Report
- Medtronic
- Canwell Medical Co., Ltd.
- NuVasive, Inc.
- SeaSpine
- Globus Medical
- RTI Surgical
- MW Industries, Inc. (MWI)
- Captiva Spine, Inc.
- XTANT MEDICAL
- SINTX Technologies, Inc
- Orthofix Medical, Inc.
- Alphatec Holdings, Inc.
- Wenzel Spine, Inc.
- Johnson & Johnson Services, Inc.
- Tecomet, Inc.
- Stryker
- Zimmer Biomet
- Axial Medical
- NORMAN NOBLE, INC.
- Spine Wave
Above are the key players covered in the report, to know about more and exhaustive list of spinal implants market’, contact us https://www.databridgemarketresearch.com/toc/?dbmr=us-spinal-implants-market
Research Methodology: U.S. Spinal Implants Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Primary Respondents
- Demand Side: Healthcare Professional, Doctors, Product Manufactures
- Supply Side: Service Providers, Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others.
Related Reports
- Global Spinal Implants and Surgical Devices Market - Industry Trends and Forecast to 2026
- Global Flexible Spinal Implants Market - Industry Trends and Forecast to 2028
Browse in Healthcare Category Related Reports@ https://www.databridgemarketresearch.com/report-category/healthcare/
