Spinal Surgery Devices Market to Reach $16.98 Billion by 2029 | Key Drivers and Future Outlook
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What Is the Growth Rate of the Spinal Surgery Devices Market?
In recent times, the market size of spinal surgery devices has seen substantial growth. The expansion is expected to continue, rising from $12.67 billion in 2024 to $13.47 billion in 2025, reflecting a compound annual growth rate (CAGR) of 6.3%. The surge during the historical period is attributable to the escalating call for minimally invasive procedures, higher occurrence of spinal disorders, increased inclination for motion preservation surgeries, a growing demand for endoscopic spinal procedures, and a rise in osteoporosis-related fractures.
What Growth Rate Is Forecasted for the Spinal Surgery Devices Market by 2029?
The market size for spinal surgery devices is predicted to experience significant growth in the upcoming years, potentially reaching $16.99 billion by 2029 with an estimated Compound Annual Growth Rate (CAGR) of 6.0%. This growth during the forecasted period could be driven by a variety of factors including a rise in the older population, an increased use of image-guided spinal navigation systems, growing demand for motion preservation technology and ergonomic medical devices used in spine care, and an increase in specialized spine care centers. The forecast period also anticipates several key trends like minimally invasive surgical techniques, 3D-printed custom implants, robotic-aided surgeries, motion preservation devices, and the utilization of advanced smart implants with sensors.
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Which Key Companies Are Shaping the Future of the Spinal Surgery Devices Market?
Major companies operating in the spinal surgery devices market are Johnson & Johnson, Medtronic plc, Stryker Corporation, NuVasive Inc., SeaSpine Holdings Corporation, Globus Medical Inc., Orthofix Medical Inc., Aesculap Inc., Alphatec Holdings Inc., Innovasis Inc., Nexus Spine, Spinal Elements Inc., Spineart SA, B. Braun Melsungen AG, SpineWave Inc., Centinel Spine LLC, Life Spine Inc., Camber Spine Technologies, Captiva Spine Inc., Aurora Spine Corporation
Which Factors Are Driving Demand in the Spinal Surgery Devices Industry?
The growth of the spinal surgery devices market is being fuelled by the increasing occurrences of back issues. Such issues encompass a variety of conditions that result in pain, unease, or restricted movement in the upper, middle, or lower back, which can be attributed to structural, muscular, or neural issues. Sedentary lifestyle is a key contributor to these problems, given that extended periods of sitting, incorrect posture, and insufficient movement lead to excessive strain on the spine, weakening of the core muscles, and speed up disc degeneration. This subsequently results in chronic pain and mobility impairments. Spinal surgery devices assist individuals suffering from back problems by offering structural stability, alleviating nerve pressure, realigning the spine, and increasing mobility. This ultimately reduces pain, enhances function, and improves quality of life. For instance, in June 2024, the Australian Welfare of Health and Welfare, a government organization in Australia, reported about 177,000 hospitalizations in 2021-2022 with back issues being the primary diagnosis. Furthermore, in 2022, around 72% of people suffering from back issues were also dealing with at least one other chronic condition. As such, the rising instances of back problems are driving the growth of the spinal surgery devices market.
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How Is the Spinal Surgery Devices Market Segmented by Several Divisions?
The spinal surgery devices market covered in this report is segmented –
1) By Device Type: Spinal Decompression, Spinal Fusion, Fracture Repair Devices, Arthroplasty Devices, Non-Fusion Devices
2) By Disease Indication: Degenerative Disc Disease, Complex Deformity, Traumas And Fractures
3) By Technology: Fusion, Non-Fusion, Vertebral Compression Fracture, Spine Biologics, Spinal Decompression
4) By End-Users: Hospitals And Ambulatory Surgery Centers, Specialty Clinics, Other End Users
Subsegmentss:
1) By Spinal Decompression Device Type: Cervical Decompression, Lumbar Decompression, Thoracic Decompression
2) By Spinal Fusion Device Type: Anterior Cervical Discectomy and Fusion (ACDF), Posterior Lumbar Interbody Fusion (PLIF), Transforaminal Lumbar Interbody Fusion (TLIF), Lateral Lumbar Interbody Fusion (LLIF), Interbody Fusion Devices
3) By Fracture Repair Device Type: Pedicle Screws, Vertebroplasty Devices, Kyphoplasty Devices
4) By Arthroplasty Device Type: Cervical Arthroplasty Devices, Lumbar Arthroplasty Devices
5) By Non-Fusion Device Type: Artificial Discs, Dynamic Stabilization Devices
What are the Emerging Market Trends Driving the Growth of the Spinal Surgery Devices Industry?
Leading firms in the spinal surgery devices market are concentrating on creating innovative fixation systems that use elastic interference technology and compliant mechanism engineering to boost stability and better surgical results. Elastic interference technology is a unique fastening method that employs a flexible component to securely cover and grip another component, offering a robust, press-fit connection without the usual fasteners like set screws. For example, Nexus Spine, an American medical technology organization, introduced the PressON posterior lumbar fixation system in August 2022. The system uses elastic interference technology to remove the need for set screws by clamping rods through a flexible bore stretched over pedicle screw heads. This design strengthens stability, decreases implant size, and escalates surgical efficiency by enabling quicker implantation and customized intraoperative alteration of patient-specific rods.
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Which Regions Are Driving Growth in the Spinal Surgery Devices Market?
North America was the largest region in the spinal surgery devices market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the spinal surgery devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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This Report Delivers Insight On:
1. How big is the spinal surgery devices market, and how is it changing globally?
2. Who are the major companies in the spinal surgery devices market, and how are they performing?
3. What are the key opportunities and risks in the spinal surgery devices market right now?
4. Which products or customer segments are growing the most in the spinal surgery devices market?
5. What factors are helping or slowing down the growth of the spinal surgery devices market?
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