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Spinal Implants are used in spondylolisthesis, traumatic fracture, degenerative disc disease, and several forms of spinal instability including scoliosis with a spinal implant surgery. Implant systems with predesigned shape and function according to the requirement are used in these surgical procedures. These Implants help in stabilizing and strengthening the spine. They also facilitate fusion and correct deformities. Metals used in spinal implants are stainless steel, titanium or titanium-alloy. Implants made from non-metallic compounds such as Carbon/PEEK material are also present. They are present in many forms and sizes to cater to wide range of patient age groups.

More sophisticated and refined implants are under research to facilitate better surgery outcomes and to improve patient recovery post-surgery. Spinal deformities can be corrected 3 dimensionally due to advanced system developments such as hooks, rod, and screw systems. The progression of special plates and cages have also helped to promote spinal fusion. Moreover, advent of small and strong implants for children in the have recently fueled to market growth.

Ageing demography and increase in incidences of spinal disorders due of sedentary lifestyle are expected to fuel the growth of the market

Spinal Cord Injuries (SCI) majorly occur due to various reasons such as a blocked blood supply, infections, injuries, and compression by a fractured bone or a tumor. According to National Safety Council (NSC) estimates, 2016, number of people severely injured in traffic accidents was 4.6 million in the U.S. In 2016, around 235 critical road crashes injuries were reported in Western Australia. Moreover in 2015, incidence of spinal cord injuries were 12500 annually and approximately 288500 people are currently living with SCI in the U.S.

Other factors responsible for spinal deformities include obesity, unhealthy diet, smoking, and other lifestyle factors. Early onset of degenerative spinal changes is attributed to the toxins in cigarette smoke damaging the cartilage in the spine. According to World Health Organization (WHO), in 2015, over 1.1 billion people smoked tobacco.

Over the limit weight in proportion to height can cause stress on the spine’s parts such as vertebrae, joints, and spinal discs. According to World Health Organization (WHO) in 2014, more than 1.9 billion adults were overweight of which over 600 million were suffering from obesity issues making them susceptible to spinal cord problems.

Factors like increasing ageing demography, technological advancements, growing knowledge of population towards spinal surgeries is expected to accelerate the market growth. Skilled medical professionals are required considering high complexity involved in spinal cord injuries and medical risks associated with treating such injuries.

Robust improvements in the spinal implant materials and advent of new technologies associated with spinal treatments are expected to drive the growth of spinal implants market

Flexible and radiolucent spinal implants have been introduced moreover new spinal navigation technology is expected to bring out the changes in terms of increased surgical efficiency and improved surgical workflow in the market.

Global Spinal Implants Market Taxonomy

The global spinal implants market is segmented on the basis of implants type, applications, end user and geography.

On the basis of implant type, the global spinal implants market is segmented into:

  • Fusion Implants
  • Rods
  • Screws
  • Hooks
  • Plates
  • Cages
  • Non Fusion Implants
  • Growth-sparing devices
  • Artificial discs
  • Bone grafts

On the basis of application, the global spinal implants market is segmented into:

  • Posterior Spine Fusion
  • Posterolateral gutter fusion
  • Posterior lumbar interbody fusion
  • Transforaminal lumbar interbody fusion
  • Anterior Spine Fusion
  • Anterior lumbar fusion
  • Anterior lumbar interbody fusion

On the basis of end user, global spinal implants market is segmented into:

  • Hospitals
  • Orthopedic Centers
  • Others

Regional segmentation of the spinal implants market by Coherent Market Insights comprises North America, Europe, Latin America, Asia Pacific, Middle East, and Africa. North America is expected to dominate the market over the forecast period, owing to advancements in medical infrastructure, high expenditure on research and development, and presence of skilled medical professionals. Fierce competition in Asia Pacific region, dominating local implant manufacturers, and low surgery and surgical material costs are factors expected to boost the Asia Pacific spinal implants market over the forecast period.

Mergers and Acquisitions to play a vital role in domestic company to expand its global presence

Key players operating the Spinal Implants market include, DepuySynthes Companies, Stryker, Benvenue Medical, Zimmer Inc., CareFusion Corporation, Alphatec Spine, Inc., NuVasive Inc., Medtronic, Globus Medical Inc., Orthofix International N.V., LDR Holding Corporation, Integra Lifesciences Holdings Corporation, B. Braun Melsungen, and K2M Inc. DePuy Orthopaedics, part of the DePuy Synthes Companies of Johnson & Johnson, purchased BioMedical Enterprises. Stryker bought Stanmore Implants from SIW Holdings. Zimmer Biomet acquired Ortho Transmission's transcutaneous osseous integrated skeletal implant technology.


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.

Data Triangulation Methodology | Coherent Market Insights

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.

Market Analysis | Coherent Market Insights

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

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