Interspinous Spacers Market, by Product Type (Static (Non-compressible Spacers) and Dynamic (Compressible Spacers), by Indication (Lumbar Spinal Stenosis and Degenerative Disc Diseases), by End User (Hospitals, Ambulatory Surgery Centers, and Orthopedic Clinics), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) - Size, Share, Outlook and Opportunity Analysis, 2019-2026

  • To Be Published : Jul 2019 |
  • Format : CMI Insight PPT Format CMI Insight PDF Format

Interspinous spacers, also known as interspinous process decompression systems, are devices implanted between vertebral spinous processes. These spacers are made up of a very strong but lightweight metal (titanium), which is biocompatible in the human body. Lumbar spinal stenosis is a thinning of the spinal canal in the lower back, which causes compression on nerves. The condition develops gradually with age. Radiology tests are used to confirm the diagnosis of moderate degenerative lumbar spinal stenosis. Increasing prevalence of spinal stenosis due to aging and high demand for minimal invasive surgery is expected to drive the interspinous spacers market growth.

Interspinous Spacers Market – Drivers

Increasing product approvals from regulatory bodies is expected to drive the interspinous spacers market growth during the forecast period. For instance, in 2015, the U.S. Food and Drug Administration (FDA) approved Superion InterSpinous Spacer of VertiFlex Inc., VertiFlex Inc. is developer of advanced minimally invasive interventions for spinal stenosis.

Moreover, favorable reimbursement policies is also expected to drive the interspinous spacers market growth during the forecast period. For instance, in 2018, Paradigm Spine, a company specializing in the treatment of lumbar spinal stenosis, announced the issuance of a broad coverage medical policy from BlueCross BlueShield covering its coflex device for the surgical treatment of lumbar spinal stenosis.

Interspinous Spacers Market –Restraints

However, complications associated with lumbar spinal fusion in older patients with spinal stenosis is a major factor restraining the interspinous spacers market growth. For instance, according to the American Association of Neurological Surgeons’ study on complication associated with lumbar spinal stenosis in 2014, 1 in every 6 elderly patients treated with lumbar spinal stenosis underwent reoperation on the spine within two years of surgery and nearly 1 in every 4 patients was readmitted for a surgery-related complication in the US.

Interspinous Spacers Market -Regional Analysis

On the basis of region, the interspinous spacers market is segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. North America is expected to hold dominant position in the Interspinous Spacers Market over the forecast period, owing to increasing geriatric population with spinal stenosis. For instance, according to American Institute of Minimally Invasive Surgery (AIMIS) 2017 report, around 250,000-500,000 U.S. residents show symptoms of spinal stenosis. This represents around 1 per 1000 persons older than 65 years and around 5 of every 1000 persons older than 50 years. Around 70 million people in the U.S. are older than 50 years of age.

Asia Pacific is the fastest growing market for interspinous spacers, owing to increasing healthcare expenditure. For instance, according to the Ministry of Health, Labor and Welfare of Japan, US$ 374.12 billion was invested in the healthcare sector in Japan in 2017.

Interspinous Spacers Market -Competitive Landscape

Key players operating in the interspinous spacers market include, Alphatec Spine, Inc., Globus Medical, Inc., Life Spine, Medtronic, Mikai S.p.A, NuVasive, Inc., Paradigm Spine, Synthes GmbH, Vertiflex, Inc., and Zimmer Biomet. 

Interspinous Spacers Market -Taxonomy

The interspinous spacers market is segmented on the basis of product type, indication, end user, and region.

By Product Type

  • Static (Non-compressible Spacers)
  • Dynamic (Compressible Spacers)

By Indication

  • Lumbar Spinal Stenosis
  • Degenerative Disc Diseases

By End User

  • Hospitals
  • Ambulatory Surgery Centers
  • Orthopedic Clinics

By Region

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East
  • Africa

Research Methodology

Coherent Market Insights followsa comprehensive research methodology focused on providing the most precise market analysis. The company leverages a data triangulation model which helps company to gauge the market dynamics and provide accurate estimates. Key components of the research methodologies followed for all our market reports include:

  • Primary Research (Trade Surveys and Experts Interviews)
  • Desk Research
  • Proprietor Data Analytics Model

In addition to this, Coherent Market Insights has access to a wide range of the regional and global reputed paid data bases, which helps the company to figure out the regional and global market trends and dynamics. The company analyses the industry from the 360 Degree Perspective i.e. from the Supply Side and Demand Side which enables us to provide granular details of the entire ecosystem for each study. Finally, a Top-Down approach and Bottom-Up approach is followed to arrive at ultimate research findings.


Smiley face

Coherent Market Insights desk research is based on a principle set of research techniques:

  • National level desk research: It Includes research analysis of regional players, regional regulatory bodies, regional trade associations, and regional organization.
  • Multinational level desk research: The research team keeps a track of multinational players, global regulatory bodies, global trade associations, and global organization.

Coherent Market Insights has a large amount of in-house repository of industry database. This is leveraged as a burner for initiating a new research study. Key secondary sources include:

  • Governmental bodies, National and international social welfare institutions, and organizations creating economic policies among others.
  • Trade association, National and international media and trade press.
  • Company Annual reports, SEC filings, Corporate Presentations, press release, news, and specification sheet of manufacturers, system integrators, brick and mortar - distributors and retailers, and third party online commerce players.
  • Scientific journals, and other technical magazines and whitepapers.
Smiley face

Preliminary Data Mining

The raw data is obtained through the secondary findings, in house repositories, and trade surveys. It is then filtered to ensure that the relevant information including industry dynamics, trends, and outlook is retained for further research process.

Data Standardization:

Holistic approach is used to ensure that the granular and uncommon parameters are taken into consideration to ensure accurate results. The information from the paid databases are further combined to the raw data in order to standardize it.

Coherent Statistical model

We arrive at our final research findings through simulation models. Coherent Data Analytics Model is a statistical tool that helps company to forecast market estimates. Few of the parameters considered as a part of the statistical model include:

  • Micro-economic indicators
  • Macro-economic indicators
  • Environmental indicators
  • Socio-political indicators
  • Technology indicators

Data Processing

Once the findings are derived from the statistical model, large volume of data is process to confirm accurate research results. Data analytics and processing tools are adopted to process large chunk of collected informative data. In case, a client customizes the study during the process, the research finding till then are benchmarked, and the process for new research requirement is initiated again.

Data Validation

This is the most crucial stage of the research process. Primary Interviews are conducted to validate the data and analysis. This helps in achieving the following purposes:

  • It provides first-hand information on the market dynamics, outlook, and growth parameters.
  • Industry experts validates the estimates which helps the company to cement the on-going research study.
  • Primary research includes online surveys, face-to face interviews, and telephonic interviews.

The primary research is conducted with the ecosystem players including, but not limited to:

  • Raw Material Suppliers
  • Manufacturers
  • System Integrators
  • Distributors
  • End-users

Choose License Type

"How Can I Help You" ?

Finding it difficult to find the research that would cater to your business demands? Give us a chance to help you. One of our Research Consultants will connect to provide a customized solution.

[email protected]

Key Benefits

  • Custom Research Solution

    Talk to our research consultant to design an exclusive report as per your research needs.

  • Customer Fulfilment

    We aim to fulfil client's research demands with tailored research solutions.

  • Quick Turnaround Time Reports

    We aim to provide research studies in quickest turnaround time and in a much cost effective manner.

  • 360-degree Approach

    We cover each industry from supply and demand side with an aim to provide a most holistic research study.

  • Assured Quality

    We strive to provide most accurate and reliable research findings in our research reports.