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on May 2, 2024
Global Spinal Implants Market Report: 2024-2030
According to MarkNtel Advisors recent report “Global Spinal Implants Market”. The report takes a numbers-based approach, breaking down precise data in a straightforward way. It consists of information on all the periods – past, present, and future. The report covers important topics like customer behavior, industry size, share, ongoing trends, market segments, and leading companies, and other valuable aspects related to the industry.
Key Highlights of the Report
- Market Performance (2019-2030)
- Market Outlook (2024-2030)
- Market Drivers and Challenges
- Competitive Benchmarking
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Spinal Implants Market Overview
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.
Spinal Implants Industry Trends
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.
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Spinal Implants Market Segmentation
- 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.)
- Thoracic & Lumbar Fusion Devices- Market Size & Forecast 2019-2030, USD Million
Geographical Insights:
- North America
- Europe
- Asia Pacific
- Middle East/Africa
- South America
Competitive Landscape
The competitive landscape of the market has been studied in the report with detailed profiles of key players operating in the Spinal Implants market.
Key Players
- > 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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Why This Report:
- Strategic Insights: These reports aid strategic decision-making for multinational corporations, financial institutions, and governments by providing crucial market insights.
- Global Perspective: With a presence in 80+ countries, the reports offer a comprehensive view of the global market landscape, facilitating informed decision-making on both regional and international scales.
- Expertise in Niche Industries: The specialized team's expertise in niche industries and emerging geographies allows for detailed and accurate market analysis, vital for informed decision-making.
- Integrated Strategic Parameters: Covering strategic parameters such as Go-to-Market strategies, product development, and trend analysis empowers clients to develop tailored and informed strategies.
- Identifying Growth Opportunities: The reports enable clients to identify investment opportunities, emerging market trends, and white spaces, aiding in maximizing returns and gaining a competitive edge.
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- https://medium.com/@bhattsonu065/global-lateral-flow-assay-market-forecasts-sustained-3-4-cagr-growth-in-coming-years-8a5d75dc2096
- https://v4.phpfox.com/blog/14882/lateral-flow-assay-market-forecasts-3-4-cagr-growth-over-2024-2030-period-m/
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