The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

North America held the largest spinal surgery devices and equipment market share.

The global spinal surgery devices and equipment market is expected to grow from $12.56 billion in 2022 to $13.3 billion in 2023 at a compound annual growth rate (CAGR) of 5.8%. The spinal surgery devices and equipment market size is expected to grow from $15.83 billion in 2027 at a CAGR of 4.5%.

Major Driver In The Spinal Surgery Devices And Equipment Market ­– Increase In The Aged Populations Worldwide
According to UN predictions, the global geriatric population will quadruple by 2050 to more than 2.1 billion, driving market growth in the future. The growing elderly population around the world will create a lucrative growth opportunity for spinal implants and gadgets.

View More On The Spinal Surgery Devices And Equipment Market Report 2023 – https://www.thebusinessresearchcompany.com/report/spinal-surgery-devices-and-equipment-global-market-report

Key Spinal Surgery Devices And Equipment Market Segments
1) By Product Type: Spine Biologics, Surgical Spinal Decompression, Vertebral Compression Fracture Treatment Products, Non-Fusion, Fusion
2) By Application: Hospital, Ambulatory Service Centers, Orthopedic Centers
3) By Type of Surgery: Open Surgeries, Minimally Invasive Surgeries

Recent Spinal Surgery Devices And Equipment Market Trend – Implementing Nano-Technology
The current trend in the spinal surgical equipment market is the use of nanotechnology to improve the quality, precision, and speed of the process. Nanoparticles have distinct chemical, biological, and physical features that allow them to perform a wide range of cellular and subcellular functions. Spinal pathology is an important area of research for nanotechnology. To fully utilise Nanotechnology, hospitals and clinics are awaiting FDA regulations and investigating cost-cutting measures. Vallum Corporation, a medical device manufacturer, reported that its polyetheretherketone (PEEK) spinal fusion device with a Nano textured surface has been cleared by the American Food and Drug Administration (FDA).

Spinal Surgery Devices And Equipment Market Prominent Players
Major players in the spinal surgery devices and equipment market are Zimmer Biomet, Stryker Corporation, Depuy Synthes, Medtronic, Globus Medical Inc., Alphatec Spine Inc., Nuvasive Inc., Orthofix International N.V, K2M Group Holdings Inc., and Titan Spine.

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The Spinal Surgery Devices And Equipment Global Market Report 2023  provides a comprehensive overview on the spinal surgery devices and equipment market size, trends and drivers, opportunities, strategies, and companies analysis. The countries covered in the spinal surgery devices and equipment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

The spinal surgery devices are used to prevent the motion of the spine when fusion occurs between two or more vertebrae.

View More Related Reports –
Spinal Imaging Global Market Report 2023
Orthopedic Devices Global Market Report 2023
Neurosurgery Devices And Equipment Global Market Report 2023

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