Spinal Fusion Devices Market, by Device Type (Thoracolumbar Devices, Cervical Fixation Devices, Inter-body Fixation Devices, Non-bone Inter-body Fusion Devices, One Inter-body Fusion Devices), by Surgery Type (Open Spine Surgery and Closed Spine Surgery), and by Geography (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2017-2025

Spinal fusion, also referred as spondylodesis is an orthopedic surgical process used to join two vertebrae. This procedure can be performed on the cervical, thoracic or lumbar areas of the spinal cord. Spinal fusion restricts movement between the fused vertebrae after the surgery and are mainly performed for relieving pain caused due to pressure on the spinal cord. Several other pathological conditions that can be treated with the help of spinal fusion surgeries include spondylitis, scoliosis, spinal fractures, spinal stenosis, and kyphosis. Spinal fusion techniques involve bone grafting from the patient or from a donor termed as auto graft and allograft. Along with the one graft, several other hardware devices like cages, plates, and screws are required to carry out the surgical process. These devices are known as spinal fusion devices. These devices are helpful to restore the functionality and alignment correction of the spinal cord. These devices mainly comprise cervical fixation devices, interbody fusion devices, and thoracolumbar devices.

Rising geriatric population to fuel the demand for spinal fusion devices

Rising demand for spinal fusion devices is attributed to surge in the geriatric population developing spinal pain. According to Tohoku Journal of Experimental Medicine, around 11.4% of the population in Japan was recorded to be 73 years of age and above, out of which around half of the patients were suffering from lumbar spinal stenosis (LSS) and cervical myopathy in 2016. Additionally, according to the World Health Organization, 2013, 250,000 to 500,000 spinal cord injuries are encountered worldwide. Rising incidence of spinal diseases is in turn, increasing the demand for spinal fusion devices.

Market Taxonomy:

On the basis of device type, the global spinal fusion devices market is segmented into:

  • Thoracolumbar Devices
  • Anterior Lumbar Plates
  • Lumbar Plates
  • Pedicle Screw
  • Rods
  • Hooks
  • Wires and Cables
  • Crosslinks
  • Cervical Fixation Devices
  • Anterior Cervical Plates
  • Hook Fixation Systems
  • Plates and Screws
  • Clamps
  • Wires
  • Interbody Fusion Devices
  • Non- bone Interbody Fusion Devices
  • One Interbody Fusion Devices

On the basis of surgery type, the global spinal fusion devices market is segmented into:

  • Open Spine Surgery
  • Closed Spine Surgery

Inexpensive treatment facilitation to boost market growth

On the basis of geography, the global spinal fusion devices market is segmented in to North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. North America accounts for the major market share and is expected to retain its dominance in the near future due to high-end facilities dedicated to the orthopedic healthcare sector and increasing government assistance to improve facilities for better treatments. In parallel, Asia Pacific is expected to possess high market potential due to increasing healthcare expenditure as well as rising incidence of spinal injuries. According to a research survey conducted by Department of Orthopedics, Tianjin Medical University, China, in 2012, the incidence rate of spine surgeries across various regions in Asia ranged from 12.06 to 61.1 per million. Moreover, low costs of spinal procedures in countries of Asia Pacific such as India have fueled the demand for spinal fusion devices. According to Aarex Medical Services, 2016, over 2000 hospitals in India facilitated spinal surgeries, out of which, over 30 multi-faculty hospitals conducted spinal surgeries at 30-70% lower costs than countries in developed economies such as the U.S. and Europe. This in turn, is driving the population in the U.S. towards India for spine surgeries, thereby propelling growth of the spinal fusion devices market in Asia Pacific.

Increasing government funding for R&D is propelling growth of the global spinal fusion devices market

The primary driver of the global spinal fusion devices market is the rise in number of spinal injuries and spinal cord related disorders. Others factors responsible for driving growth of the global spinal fusion devices market include increasing obese population worldwide and growing adoption of sedentary lifestyle, improper and bad posture habits while sitting, driving, and working, which in turn, causes postural defects. Additionally, increasing number of government initiatives to increase R&D revenues pertaining to innovation and development of new treatment methods are also boosting growth of the market. For instance, the North American Spine Foundation and the American Academy of Orthopedic Surgeons funds institutions are conducting R&D activities for spine-related surgeries across the globe. In 2017, the foundation funded numerous organizations and institutes, including Academy of Spinal Cord Injury Professionals and American Academy of Neurology.

Major players operating in the global spinal fusion devices market include Stryker Corporation, Medtronic Plc., NuVasive Inc., Depuy Synthes, Inc., Zimmer Biomet Holdings, Inc., Orthoflix International Holding N.V, Globus Medical, and LDR Holding Corporation.

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.