Global Spine Implants Market
Medical Equipment

Spine Implants Market Overview: Market Size, Drivers And Trends

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 spine implants market share.

The global spine implants market is expected to grow from $11.32 billion in 2022 to $12.33 billion in 2023 at a compound annual growth rate (CAGR) of 8.9%. The spine implants market is expected to grow from $16.86 billion in 2027 at a CAGR of 8.1%.

Major Driver In The Spine Implants Market ­– Rise In The Incidences Of Spinal Disorders Coupled
According to Branko PRPA, surgical in September 2021, there are 1.34 to 4.6 spinal cases per million and 1,400 new cases diagnosed each year, with 33,000 having some type of disability in the US and among them, 30% of the adult female population suffers from lower back pain, compared to 25% of the adult male adult population, and 31% of men acknowledged that their condition affects their employment, compared to 20% of women. The prevalence of neuropathic pain was estimated to be between 16% and 55% in 2021. And, thanks to the development of minimally invasive spine surgical (MISS) approaches, it is now possible and efficient to treat a wide range of spinal disorders without long incisions and by avoiding significant damage to muscles surrounding the spine, resulting in fewer post-operative pains and faster recovery. As a result, the rising prevalence of spinal problems, combined with the convenience of treatment provided by MISS methods, is propelling the worldwide spinal implants market.

View More On The Spine Implants Market Report 2023 – https://www.thebusinessresearchcompany.com/report/spine-implants-global-market-report

Key Spine Implants Market Segments
1) By Product: Spinal Fusion Devices, Non-Fusion Devices/Motion Preservation Devices, Vertebral Compression Fracture (VCF) Treatment Devices, Spinal Bone Stimulators, Spine Biologics
2) By Procedure: Open Surgery, Minimally Invasive Surgery (MIS)
3) By Material: Metallic, Polymeric, Ceramic
4) By End Use: Hospitals, Specialty Orthopedic And Spine Centers, Ambulatory Surgical Centers

Recent Spine Implants Market Trend – Innovating Implants In Providing Minimally Invasive And Motion-Preserving Stabilization
RTI Surgical Holdings, a global surgical implant firm, for example, has released Coflex, the first and only posterior lumbar mobility preservation device. Coflex is an FDA PMA-approved, differentiated, minimally invasive, motion-preserving stabilisation device for the treatment of moderate to severe lumbar spinal stenosis (LSS). It can be inserted promptly after a surgical decompression without fusing the bones. The device is available in a variety of sizes to accommodate the patient’s anatomy, and it can be used in an outpatient situation.

Spine Implants Market Prominent Players
Major players in the spine implants market are Medtronic, Depuy Synthes, Johnson & Johnson, Stryker Corporation, NuVasive, Inc., Zimmer Biomet Holdings, Globus Medical, Alphatec Holdings, Orthofix International, and RTI Surgical.

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The Spine Implants Global Market Report 2023  provides a comprehensive overview on the spine implants market size, trends and drivers, opportunities, strategies, and companies analysis. The countries covered in the spine implants 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.

Spine implants are devices that are used to rectify spinal deformities, stabilise and strengthen the spine, and facilitate bone fusion in conditions such as degenerative disc disease, kyphosis, scoliosis, spondylolisthesis, spinal stenosis, and fracture.

View More Related Reports –
Spinal Surgery Devices And Equipment Global Market Report 2023
Joint Pain Injections Global Market Report 2023
Veterinary Orthopedic Implants Global Market Report 2023

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