Spinal FUSion Devices Market to Become worth US$10,965.7 Mn in 2025
The global spinal fusion devices market is expected to display moderate growth in the upcoming years. The growth of this market is primarily driven by the rising number of individuals suffering from back pain and due to the rising incidence of spinal disorders which is mainly age-related and due to sedentary lifestyle. As per statistics of the U.S. Census Bureau, the number of individuals above the age of 65 years is estimated to be over 16.7% of the total population in the country in 2050. This population susceptible to spine disorders and degenerative spine diseases is expected to account for considerable demand for spinal fusion devices in future.
Technological advances and strong focus of market players for product innovation are also key factors acting in favor of the market’s growth.
A report by Transparency Market Research (TMR), forecasts the global spinal fusion devices market to become worth US$10,965.7 mn in 2025 at a CAGR of 4.65% from 2017 to 2025.
Get Sample of Report @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=32045
Preference among Patients Accounts for Clinics to Emerge Attractive
The global spinal fusion devices market has been segmented on the basis of product type, surgery, end-user, and geography. On the basis of product type, the market has been segmented into thoraco-lumbar fixation devices, interbody fusion devices, and cervical fixation devices. Thoraco-lumbar fixation devices segment is further sub-segmented into lumbar plates, rods, hooks, pedicle screws, and others. Interbody fusion devices comprise non-bone fusion devices and bone fusion devices. Among them, interbody fusion devices segment is anticipated to rise at a significant CAGR during the forecast period, mainly because of efficiency of these procedures, their use in thoraco lumbar fusion procedures and ongoing research and development for advanced interbody fusion implants manufactured of PEEK and titanium.
Get Brochure of Report @ https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=32045
Based on surgery, the segments into which the global spinal fusion devices market is divided are open surgery and minimally-invasive surgery. Of the two, in 2016, open surgery led the market in terms of revenue. However, the segment of minimally-invasive surgery is anticipated to surpass open surgery segment in terms of growth rate over the forecast period. The growth of minimally-invasive surgery segment is mainly because of rising demand for minimally-invasive surgery as it involves less risk of post-surgery complications and due to strong focus of market players to develop newer products that find applications in minimally invasive surgery.
In terms of end-user, the market has been classified into hospitals, ambulatory surgical centers, and clinics and orthopedic centers. Vis-à-vis revenue, hospitals segment led the market in 2016 and is anticipated to hold on to its dominant position over the forecast period. However, clinics and orthopedic centers is anticipated to rise at a significant CAGR over the forecast period. The growth of this segment is mainly because of rising demand for minimally-invasive surgeries and preference among patients for clinics as it involves shorter duration of stay.
Enquiry for discount on this report –
North America to Continue to Lead in Forthcoming Years
Based on geography, the market has been segmented into five regions, namely North America, Latin America, Asia Pacific, Europe, and the Middle East and Africa. In 2016, North America led the market on the basis of revenue; going forward, the region is likely to remain dominant over the forecast period. The North America spinal fusion devices market is primarily driven due to a high level of awareness regarding treatments for spine disorders and increasing focus of market players to introduce novel products.
Leading players in the global spinal fusion devices market include Stryker Corporation, NuVasive Inc., Globus Medical Inc., Orthofix International N.V., Zimmer Biomet Holdings Inc., Medtronic plc, K2M Group Holdings Inc., Alphatec Holdings Inc., Exactech Inc., Depuy Synthes, B. Braun Melsungen AG, , and Titan Spine LLC.
View Report @ https://www.transparencymarketresearch.com/spinal-fusion-devices-market.html
Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.
US Office Contact
90 State Street, Suite 700
Albany, NY 12207
USA – Canada Toll Free: 866-552-3453
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Spinal FUSion Devices Market to Become worth US$10,965.7 Mn in 2025 here
News-ID: 1003469 • Views: 204
More Releases from Transparency Market Research
Voltage Detectors Market – Evolving Technology Trends and Industry SWOT Analys …
The global voltage detectors market includes large number of players. Some of the key players are Texas Instruments, Toshiba, ROHM Semiconductor Sharp Microelectronics, Analog Devices Inc., STMicroelectronics, ON Semiconductor, Torex Semiconductor, Taiwan Semiconductor and Seiko Instruments. Browse Our Report @ https://www.transparencymarketresearch.com/voltage-detectors-market.html Voltage Detector is a testing equipment generally used to determine the existence or absence of an electrical charge in an object. It is highly suggested for conditions where power issues exist.
Switched Capacitor Filters Market : Key Segments, Maket Insights, Regional Outlo …
Major players in the global switched capacitor filters market are Texas Instruments Incorporated, Analog Devices, Inc., Maxim Integrated, Inc., Siemens AG, Eaton Corporation, and among others. Browse Our Report @ https://www.transparencymarketresearch.com/switched-capacitor-filters-market.html A switched capacitor filter is an active filter based on the consideration that a switching of capacitors between two circuit nodes at an adequately high rate that is equivalent to a resistor connecting these two nodes. The switched capacitor filters are
Current Calibrator Market : Recent Industry Developments And Growth Strategies A …
Key players operating in the global current calibrator market include Valhalla Scientific, Rotek Inc., Time Electronics, PCE Instruments, Martel Electronics, AOIP Instrumentation, Extech Instruments, Yogokawa Test & Measurement Corporation, Extech Instruments, REED Instruments, Fluke Corporation, and others. These players are actively focusing on organic and inorganic growth strategies in order to gain a competitive advantage in the market. Some of the important strategies adopted by the leading players in the
Damp Meter Market – Outlook by Responsible Drivers, Restraints, Demand
Key players operating in the global damp meter market include PCE Instrument, Delmhorst Instrument Co., GENERAL TOOLS & INSTRUMENTS LLC, FLIR Systems, Inc. designs, Panomex Inc., These players are actively focusing on organic and inorganic growth strategies in order to gain a competitive advantage in the market. Some of the important strategies adopted by the leading players in the global market are collaborations, partnerships, agreements, and new product launches. The
More Releases for America
Latin America Colour Cosmetics Market
The colour cosmetics market in Latin America managed to keep its head above water over 2011-2016. The category recorded a CAGR of 1.7% despite a decline in value occurring towards the end of the period, Chile and Argentina offsetting the impact of economic crisis in Brazil and Venezuela. Direct selling still holds strong as the core channel for colour cosmetics purchases in the region but retail infrastructure is rapidly improving
South America Aviation Market
The South American aviation market was affected adversely by the financial crisis, which had originated in the United States and the sales were impacted adversely by the same, but the market has recovered, since. Furthermore, the good performance of regional jets sold by Embraer were termed profitable by users and could certainly turn the tide as aircraft orders from other airlines continue to increase. Rising income levels in the continent
Agrochemicals Market in North America
ReportsWorldwide has announced the addition of a new report title North America: Agrochemicals: Market Intelligence (2016-2021) to its growing collection of premium market research reports. The report “North America: Agrochemicals: Market Intelligence (2016-2021)” provides market intelligence on the different market segments, based on type, active ingredient, formulation, crop, and pest. Market size and forecast (2016-2021) has been provided in terms of both, value (000 USD) and volume (000 KG) in the
Make America Great Again
Help us open our Veterans' Home We don't know them all, but we owe them all... Lake Ariel, PA: FCPCF Inc. and National Auto Raffle invites you to enter the online Charity Auto & 50/50 Raffles (www.nationalautoraffle.com) and help us raise funds to open the doors of veterans' housing facility and provide housing to the homeless Veterans and their families in need. Every 1 in 4 homeless is a Veteran and its time
Latin America Oil & Gas Potential
Produced by The CWC Group, Latin American Oil and Gas Conference takes place on 25 – 27 October 2011, Mandarin Oriental Hotel, Miami, U.S.A. Organisers confirmed that the strategic conference will feature advanced insights from important organisations in the region alongside NOC’s showcases from Brazil, Mexico, Colombia, Trinidad & Tobago, Venezuela, Uruguay and Bolivia. Content centres on the development of the Latin America’s resources, the impact of shale
Mafi Designs America
Austrian Natural Wood Floor manufacturer establishes themselves in the high end New York Lifestyle market. “Successfully building a luxury Brand in the US is very important to our world wide marketing efforts,“ proclaims a happy Philippe S. Pezet, Partner Mafi USA, Inc & Export/Marketing Manger for the manufacturing company Mafi Holzverarbeitung from Austria. The Mafi brand name is recognized by leading architects and decorators in the Big Apple as being the