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Global Spinal Allografts Market – Industry Trends and Forecast to 2029

  • Healthcare
  • Upcoming Report
  • Sep 2022
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60
  • Healthcare
  • Upcoming Report
  • Sep 2022
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Global Spinal Allografts Market, By Surgery (Open Spine Surgery, Minimally Invasive Spine Surgery), Product (Machined Bones Allograft, Demineralized Bone Matrix), End-Users (Hospitals, Ambulatory Surgical Centers, Others) – Industry Trends and Forecast to 2029.

Spinal Allografts Market

Spinal Allografts Market Analysis and Size

The spinal allografts market is expected to growing at a CAGR of 4.15%.

Factors such as increasing cases of spinal fusion surgeries coupled with a rising geriatric population across the globe, have helped in driving the market growth. Rising healthcare expenditure, developments in innovation for new product launches are expected to lavish the growth of the market.

Data Bridge Market Research analyses that the spinal allografts market which was USD 3.4 billion in 2021, would rocket up to USD 4.71 billion by 2029, and is expected to undergo a CAGR of 4.15% during the forecast period 2022 to 2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

Spinal Allografts Market Scope and Segmentation      

Report Metric

Details

Forecast Period

2022 to 2029

Base Year

2021

Historic Years

2020 (Customizable to 2014 - 2019)

Quantitative Units

Revenue in USD Billion, Volumes in Units, Pricing in USD

Segments Covered

Surgery (Open Spine Surgery, Minimally Invasive Spine Surgery), Product (Machined Bones Allograft, Demineralized Bone Matrix), End- Users (Hospitals, Ambulatory Surgical Centers, Others)

Countries Covered

U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

Market Players Covered

Exactech, Inc. (U.S.), Lattice Biologics Ltd (U.S.), Medtronic (Ireland), NuTech Spine, Inc. (U.S.), NuVasive, Inc. (U.S.), RTI Surgical (U.S.), Wright Medical Group N.V. (U.S.), Stryker (U.S.), Arthrex, Inc. (Germany), Zimmer Biomet (U.S.), Nvision Biomedical Technologies, Inc. (U.S.), Alphatec Spine, Inc. (U.S.)

Market Opportunities

  • Advancement in biomaterials and bone grafting procedures
  • Growing demand for minimally invasive procedures

Market Definition

An allograft is the transplantation of tissues or bones between members of the same species who are not genetically similar. Most allograft donors and recipients may be blood relatives. Allograft is bone harvested by a tissue bank from a cadaver for use in medical procedures. It can be prepared in a number of different forms (such as chips) for use in a spine fusion.

Spinal Allografts Market Dynamics

Drivers

  • Rising demand of minimally invasive procedures

The rising demand for minimally invasive procedures will accelerate market expansion. In the forecast period of 2022 to 2029, factors such rising spinal cord injuries, improvements in biomaterials, rising healthcare costs, and an ageing population are anticipated to propel the spinal allografts market.

  • Increasing surgery cases

The market has grown as a result of factors including increasing spinal fusion surgery cases and a growing elderly population worldwide. Growing healthcare costs and innovations for the introduction of new products are anticipated to fuel market expansion.

Opportunities

Advancement in the bone grafting procedures is expected to create new opportunity for this market.

Restraints/Challenges

  • Unskilled professionals

On the other hand, the unfavourable reimbursement policy and dearth of skilled and trained professionals will obstruct the market's growth rate.

This spinal allografts market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the spinal allografts market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Global Spinal Allografts Market Scope

The spinal allografts market is segmented on the basis of surgery, product and end-user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Surgery

  • Open Spine Surgery
  • Minimally Invasive Spine Surgery

Product

  • Machined Bones Allograft
  • Demineralized Bone Matrix

End- Users

Spinal Allografts Market Regional Analysis/Insights

The spinal allografts market is analysed and market size insights and trends are provided by country, surgery, product and end-user as referenced above.

The countries covered in the spinal allografts market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

North America dominates the spinal allografts market due to the growing number of geriatric population along with adoption of innovative medical technology.

Asia-Pacific is expected to grow at the highest growth rate in the forecast period of 2022 to 2029 due to the rising health awareness among the people and growing demand of advanced medical technology.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

Competitive Landscape and Spinal Allografts Market Share Analysis

The spinal allografts market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to spinal allografts market.

Some of the major players operating in the spinal allografts market are:

  • Exactech, Inc. (U.S.)
  • Lattice Biologics Ltd (U.S.)
  • Medtronic (Ireland)
  • NuTech Spine, Inc. (U.S.)
  • NuVasive, Inc. (U.S.)
  • RTI Surgical (U.S.)
  • Wright Medical Group N.V. (U.S.)
  • Stryker (U.S.)
  • Arthrex, Inc. (Germany)
  • Zimmer Biomet (U.S.)
  • Nvision Biomedical Technologies, Inc. (U.S.)
  • Alphatec Spine, Inc. (U.S.)


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Frequently Asked Questions

The spinal allografts market value is expected USD 4.71 billion by 2029.
The spinal allografts market is projected to grow at a CAGR of 4.15% during the forecast period of 2022-2029.
On the basis of product, the Spinal Allografts Market is segmented into Machined Bones Allograft, Demineralized Bone Matrix.
The major players operating in the Spinal Allografts Market are Exactech, Inc. (U.S.), Lattice Biologics Ltd (U.S.), Medtronic (Ireland), NuTech Spine, Inc. (U.S.), NuVasive, Inc. (U.S.), RTI Surgical (U.S.), Wright Medical Group N.V. (U.S.), Stryker (U.S.), Arthrex, Inc. (Germany), Zimmer Biomet (U.S.), Nvision Biomedical Technologies, Inc. (U.S.), Alphatec Spine, Inc. (U.S.).