Spinal fusion devices are used to provide stability to spinal structure, which has lost stability due to a fracture, degenerative disorders of the spine, trauma, tumors, and deformity. Spinal cord injuries majorly happen due to various reasons such as a blocked blood supply, infections, injuries, and compression by a fractured bone or a tumor. Spinal fusion devices and mechanism of functioning has evolved over the years. Advanced plating systems offer improved stability and structural integrity. Spinal fusion devices have innovative locking mechanisms and screw systems, which can have self-drilling and self-tapping functions, made from modern manufacturing material such as titanium alloy, and single as well as double holes per vertebrae through which the screw fixation is done.
Market Dynamics
Frequent approvals of innovative products like Aerial Interspinous Fixation, Coalition Agx is expected to drive the global spinal fusion devices market growth. For instance in 2018, Orthofix International N.V., received U.S. Food and Drug Administration 510(k) clearance for FORZA XP Expandable Spacer System. FORZA XP is designed to restore normal disc height in patients suffering from degenerative disc disease.
Key features of the study:
- This report provides an in-depth analysis of the global spinal fusion devices market, and provides market size (US$ Million) and compound annual growth rate (CAGR%) for the forecast period (2022–2030), considering 2021 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global spinal fusion devices market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include Zimmer Biomet Holdings, Inc., Stryker Corporation, Inc., Exactech, Inc., Orthofix International N.V., Globus Medical, Inc., NuVasive, Inc., Medtronic Plc., Depuy Synthes, B. Braun ,Melsungen AG, Wenzel Spine, Inc., K2M Group Holdings, Inc., Centinel Spine, Inc., and Spineart Geneva SA
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The global spinal fusion devices market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global spinal fusion devices market
Detailed Segmentation:
- Global Spinal Fusion Devices Market, By Device Type:
- Spinal Plating Systems
- Interbody Cages
- Pedicle Screw Systems
- Global Spinal Fusion Devices Market, By Procedure Type:
- Cervical Spine
- Anterior cervical discectomy and fusion
- Anterior cervical corpectomy and fusion
- Posterior cervical decompression and fusion
- Thoracic spine
- Anterior decompression and fusion
- Posterior instrumentation and fusion
- Lumbar Spine
- Posterolateral Fusion (PLF)
- Interbody Fusion
- Anterior lumbar interbody fusion (ALIF)
- Posterior lumbar interbody fusion (PLIF)
- Transforaminal lumbar interbody fusion (TLIF)
- Transpsoas interbody fusion (DLIF or XLIF)
- Global Spinal Fusion Devices Market, By End User
- Hospitals
- Ambulatory Surgical Center
- Orthopedic Center
- Global Spinal Fusion Devices Market, By Region:
- North America
- Latin America
- By Country
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Europe
- By Country
- Germany
- U.K.
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- By Country
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- By Country
- GCC
- Israel
- Rest of Middle East
- Africa
- By Region/Country
- South Africa
- Central Africa
- North Africa
- Company Profiles
- Zimmer Biomet Holdings Inc.*
- Company Highlights
- Products Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Stryker Corporation, Inc.
- Exactech, Inc.
- Orthofix International N.V.
- Globus Medical, Inc.
- NuVasive, Inc.
- Medtronic Plc.
- Depuy Synthes
- Braun Melsungen AG
- Wenzel Spine, Inc.
- K2M Group Holdings, Inc.
- Centinel Spine, Inc.
- Spineart Geneva SA.
“*” marked represents similar segmentation in other categories in the respective section.
