Report Overview:
The following report titled “Global Spinal Implants Market: By Product (Thoracic & Lumbar Fusion Devices, Cervical Fusion Devices, Spine Biologics, VCF Treatment Devices, Spinal Decompression Devices, Non-fusion Devices, Spine Bone Stimulators), By Application (Spinal Fusion & Fixation, VCF Treatment, Motion Preservation/Non-fusion, Spinal Decompression) and other forecast 2024-2030” provides a comprehensive analysis of the market, focusing on key details such as market size, growth trends, determinants of growth, segments covered, and the role of leading players in the industry.
Global Spinal Implants Market Summary
The Global Spinal Implants Market size was valued at USD 10.6 billion in 2023 and is estimated to grow at a CAGR of around 6.1% during the forecast period, i.e., 2024-30. The market expansion is attributed to several factors, such as the surge in sports injuries, increasing technological advancements, etc. The United Nations mentioned in 2023 that, globally, every year road traffic crashes cause around 20 to 50 million non-fatal injuries. Such road traffic accidents largely responsible for spinal and other injuries have propelled the demand for spinal implants.
Report Coverage & Details
- Forecast Period: 2024-2030
- Base Year: 2023
- Market Size in 2023: USD 10.6 Billion
- CAGR: 6.1%
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Spinal Implants Market Trend:
Growing Preference for Minimally Invasive Spinal Implants – The preference for minimally invasive spinal implants is increasing and this comes as a significant trend in the Global Spinal Implants Market. The minimally invasive spinal implants treat spinal conditions with less disruption to surrounding tissues compared to traditional implants. They offer advantages such as reduced trauma, reduced blood loss, reduced risk of surgical complications, reduced risk of infection, reduced scarring, reduced recovery time, and reduced pain and need for medication, which increases their acceptance among the patients and the healthcare professionals.
Segmentation Analysis: Spinal Implants Market
By Product
- Thoracic & Lumbar Fusion Devices- Market Size & Forecast 2019-2030, USD Million
- Posterior Thoracic & Lumbar Fusion Devices – Market Size & Forecast 2019-2030, USD Million
- Interbody Thoracic & Lumbar Fusion Devices- Market Size & Forecast 2019-2030, USD Million
- Anterior Thoracic & Lumbar Fusion Devices- Market Size & Forecast 2019-2030, USD Million
- Cervical Fusion Devices- Market Size & Forecast 2019-2030, USD Million
- Anterior Cervical Fusion Devices- Market Size & Forecast 2019-2030, USD Million
- Posterior Cervical Fusion Devices- Market Size & Forecast 2019-2030, USD Million
- Spine Biologics- Market Size & Forecast 2019-2030, USD Million
- Demineralized Bone Matrix- Market Size & Forecast 2019-2030, USD Million
- Bone Morphogenetic Proteins- Market Size & Forecast 2019-2030, USD Million
- Bone Substitutes- Market Size & Forecast 2019-2030, USD Million
- Machined Bones- Market Size & Forecast 2019-2030, USD Million
- Cell-based Matrices- Market Size & Forecast 2019-2030, USD Million
- Allograft Bone- Market Size & Forecast 2019-2030, USD Million
- VCF Treatment Devices- Market Size & Forecast 2019-2030, USD Million
- Balloon Kyphoplasty Devices- Market Size & Forecast 2019-2030, USD Million
- Vertebroplasty Devices- Market Size & Forecast 2019-2030, USD Million
- Spinal Decompression Devices- Market Size & Forecast 2019-2030, USD Million
- Discectomy- Market Size & Forecast 2019-2030, USD Million
- Laminoplasty, Laminectomy, and Laminotomy- Market Size & Forecast 2019-2030, USD Million
- Foraminotomy & Foraminectomy- Market Size & Forecast 2019-2030, USD Million
- Facetectomy- Market Size & Forecast 2019-2030, USD Million
- Corpectomy- Market Size & Forecast 2019-2030, USD Million
- Non-fusion Devices- Market Size & Forecast 2019-2030, USD Million
- Dynamic Stabilization Devices- Market Size & Forecast 2019-2030, USD Million
- Artificial Discs- Market Size & Forecast 2019-2030, USD Million
- Annulus Repair Devices- Market Size & Forecast 2019-2030, USD Million
- Nuclear Disc Prostheses- Market Size & Forecast 2019-2030, USD Million
- Spine Bone Stimulators- Market Size & Forecast 2019-2030, USD Million
- Non-invasive Spine Bone Stimulators- Market Size & Forecast 2019-2030, USD Million
- Invasive Spine Bone Stimulators- Market Size & Forecast 2019-2030, USD Million
By Application
- Spinal Fusion & Fixation- Market Size & Forecast 2019-2030, USD Million
- VCF Treatment- Market Size & Forecast 2019-2030, USD Million
- Motion Preservation/Non-fusion- Market Size & Forecast 2019-2030, USD Million
- Spinal Decompression- Market Size & Forecast 2019-2030, USD Million
By Type of Surgery
- Open Surgery- Market Size & Forecast 2019-2030, USD Million
- Minimally Invasive Surgery- Market Size & Forecast 2019-2030, USD Million
By End User
- Hospitals- Market Size & Forecast 2019-2030, USD Million
- Specialty Clinics- Market Size & Forecast 2019-2030, USD Million
- Others (Ambulatory Surgical Centers, Research Organisations, etc.)
By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
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Region: North America Holds a Major Market Share
Among them, North America holds the largest share of the Global Spinal Implants Market.
Leading Players Analysis: Spinal Implants Market
The report provides detailed analysis of key players in the global Spinal Implants market, highlighting their strategies and competitive scenario.
- Medtronic Plc
- Johnson & Johnson Medtech
- Nuvasive, Inc.
- Stryker Corporation
- Globus Medical, Inc.,
- Zimmer Biomet Holdings, Inc.
- Orthofix International N.V
- Ulrich Gmbh & Co. Kg
- B. Braun Melsungen Ag
- Integra Lifesciences Holdings Corporation
- Boston Scientific Corporation
- Abbott Laboratories
- Spineart, Centinel Spine Llc
- Premia Spine
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