Global Spinal Implants Market - Industry Trends and Forecast to 2026

  • Orthopedic Devices
  • Upcoming Report
  • Aug 2019
  • Global
  • 350 Pages
  • No of Tables: 60
  • No of Figures: 220

Global Spinal Implants Market By Configuration (Spinal Fusion Devices, Non-Fusion Devices/Motion Preservation Devices, Vertebral Compression Fracture (VCF) Treatment Devices, Spinal Bone Stimulators, Spine Biologics), Procedure (Open Surgery, Minimally Invasive Surgery, Others), Material (Titanium, Titanium-Alloy, Stainless Steel, Plastic, Others), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) - Industry Trends and Forecast to 2026

Market Analysis: Global Spinal Implants Market

Global spinal implants market is registering a substantial CAGR of 6.58% in the forecast period of 2019-2026. This rise in the market can be attributed to the technological upgradations in spine surgery and surging aging and obese population globally which is increasing the figure of spine deformities.

Market Definition: Global Spinal Implants Market

There is a prevalence of spinal disorders globally which is driving the need for implants. These are instruments which are used at the time of spinal surgery to facilitate fusion, stabilize, correct deformities and strengthen the spine. The spinal implants are made of metals such as stainless steel or titanium and are available in different sizes according to the requirement for treatment. It is also categorized into hooks, cages, pedicles screw, plates and rods. There is a lot of research done to refine implants to improve patient outcomes.

Market Drivers

  • The growing geriatric and obese population is driving the growth of the market
  • The surging prevalence of spinal disorders is fueling the growth of the market
  • The spinal surgery has undergone some innovations which has led to market growth
  • The minimally invasive surgery has gained interest among the surgeon which is contributing to the growth of the market
  • The bone grafting products is going under technological innovations and developments which is contributing to the growth of the market

Market Restraints

  • Due to  stringent compliances and regulatory approval procedure is restraining the growth of the market
  • The unfavorable reimbursement scenario is hampering the growth of the market
  • The treatment procedural cost are increased which act as a hindrance in the market growth

Segmentation: Global Spinal Implants Market

By Configuration

  • Spinal Fusion Devices

    • Thoracolumbar Devices

      • Anterior Lumbar Plates
      • Lumbar Plates
      • Pedicle Screw
      • Rods
      • Hooks
      • Wires & Cables
      • Crosslinks

    • Cervical Fixation Devices

      • Anterior Cervical Plates
      • Hook Fixation Systems
      • Plates & Screws
      • Clamps
      • Wires

    •  Interbody Fusion Devices

      • Non-Bone Interbody Fusion Devices
      • Bone Interbody Fusion Devices

  • Non-Fusion Devices/Motion Preservation Devices

    • Dynamic Stabilization Devices

      • Interspinous Process Spacers
      • Pedicle Screw-Based Systems
      • Facet Replacement Products

    • Artificial Discs

      • Artificial Cervical Discs
      • Artificial Lumbar Discs

    • Annulus Repair Devices
    • Nuclear Disc Prostheses

  • Vertebral Compression Fracture (VCF) Treatment Devices

    • Balloon Kyphoplasty Devices
    • Vertebroplasty Devices

  • Spinal Bone Stimulators

    • Non-Invasive Spine Bone Stimulators

      • Pulsed Electromagnetic Field Device
      • Capacitive Coupling (CC) And Combined Magnetic Field (CMF) Devices

    • Invasive Spine Bone Stimulators

  • Spine Biologics

    • Spinal Allografts

      • Machined Bones Allograft
      • Demineralized Bone Matrix

    • Bone Graft Substitutes

      • Bone Morphogenetic Proteins
      • Synthetic Bone Grafts

    • Cell-Based Matrix

By Procedure

  • Open Surgery
  • Minimally Invasive Surgery
  • Others

By Material

  • Titanium
  • Titanium-Alloy
  • Stainless Steel
  • Plastic
  • Others

By Geography

  • North America

    • U.S.
    • Canada
    • Mexico

  • South America

    • Brazil
    • Rest of South America

  • Europe

    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Turkey
    • Belgium
    • Netherlands
    • Switzerland
    • Rest of Europe

  • Asia-Pacific

    • Japan
    • China
    • South Korea
    • India
    • Australia
    • Singapore
    • Malaysia
    • Indonesia
    • Thailand
    • Philippines
    • Rest of Asia-Pacific

  • Middle East and Africa

    • South Africa
    • Rest of Middle East and Africa

Key Developments in the Market:

  • In June 2019, NuVasive Inc. has announced the launch of new product Modulus TLIF-O. It is a titanium spine implant made for transforaminal lumbar interbody fusion procedure. With this launch, the company will expand the product portfolio as well as increase its market share.
  • In May 2019, Medtronic announced its acquisition of Titan Spine. The acquisition will expand the product portfolio of Medtronic and it will also strengthen its market share. This deal will establish Medtronic as a key innovator in spinal surgical procedural solutions and it will increase the goodwill in the market.

Competitive Analysis:

Spinal implants market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares spinal implants market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

Key Market Competitors:

Few of the major market competitors currently working in the global spinal implants market are Medtronic, Zimmer Biomet, Alphatec Spine Inc., K2M Inc., RTI Surgical Holdings Inc., Stryker, Orthofix Holdings Inc., NuVasive Inc., DePuy Synthes, Globus Medical Inc., Aesculap Inc., Apollo Hospitals Enterprise Ltd., Centinel Spine LLC, Spineart, Reliance Medical Systems, Paradigm Spine, Premia Spine, Exactech Inc., Aesculap Implant Systems LLC, Lumitex Inc., SpineFrontier Inc., Life Spine Inc., Integra LifeSciences Corporation among others.

Research Methodology: Global 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, other 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: Doctors, Surgeons, Medical Consultants, Nurses, Hospital Buyers, Group Purchasing Organizations, Associations, Insurers, Medical Payers, Healthcare Authorities, Universities, Technological Writers, Scientists, Promoters, and Investors among others.

Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others.

Reasons to Purchase this Report

  • Current and future of global spinal implants market outlook in the developed and emerging markets
  • The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
  • Regions/Countries that are expected to witness the fastest growth rates during the forecast period
  • The latest developments, market shares, and strategies that are employed by the major market players

Customization of the Report:

  • All segmentation provided above in this report is represented at country level
  • All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)


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