openPR Logo
Press release

Spinal Fusion Devices Market - Global Forecast to 2025

05-02-2018 01:49 PM CET | Health & Medicine

Press release from: Medical Devices

Frequent approval from regulatory bodies to latest spinal fusion devices is expected to be the major driver for growth of global spinal fusion devices market over the forecast period. In 2016, Spineart Geneva SA received US Food and Drug Administration (FDA) clearance for its first range of titanium interbody, named - JULIET Ti PO, OL and TL interbody systems. The JULIETTi PO, OL and TL interbody systems are the range of titanium interbody implants. It include a full range of sizes to for diverse anatomies. The smooth bullet-shaped nose, lateral sides and chamfers of the implant are polished to preserve endplates, nerve roots, and soft tissues during insertion. The Ti-LIFE Technology micro-porous scaffold mimics the bone trabecular structure, which enables cell colonization and promotes bone ingrowth. In 2016, Centinel Spine, Inc. received U.S. FDA approval for STALIF L Minimally-Invasive Lateral Integrated Interbody System. It has advantages in minimally-invasive spinal fusion surgery. Furthermore, increasing prevalence of spinal disorder is also expected to increase demand for spinal fusions devices and hence is expected to drive spinal fusion devices market growth in near future. For instance, according to a study published by World Health Organization (WHO) in 2013, globally around 250,000 and 500,000 people suffer from a spinal cord injury (SCI). According to research published by the American Academy of Pain Medicine (AAPM) in 2016, women are 1.38 times more likely to suffer cervical degenerative disc disease (DDD) than men.

Request a sample copy of this report:

The global spinal fusion devices market was valued at US$ 7,462.4 million in 2016 and is expected to witness a CAGR of 4.6% over the forecast period (2017 – 2025).

Increasing prevalence of spinal deformities is expected to drive growth of the global spinal fusion device market

Factors responsible for spinal deformities include weight, diet, smoking, and other lifestyle factors. Early onset of degenerative spinal changes is attributed to the toxins in cigarette smoke damaging the cartilage of spine. According to World Health Organization (WHO), more than 1.1 billion people smoked tobacco in 2015 worldwide. According to a study published in SpineUniverse in 2017, disc herniation is the most common indication for spinal surgery, and around 75% of all spinal surgeries were performed for herniated disc. Increasing prevalence of spinal deformities due to unhealthy lifestyle and high chances of disc herniation are expected to drive growth of the spinal fusion devices market in near future.

Furthermore, key players in the spinal fusion devices market are focusing of strategic mergers and acquisitions to expand their product portfolio and to strengthen their position in new geographies. For instance in 2016, Zimmer acquired LDR Holding Corporation to enhance innovation and growth of their spine segment. In 2016, Globus Medical, Inc. acquired the international operations and distribution channels of Alphatec Holdings, Inc. This acquisition has expanded company's product portfolio and provided an immediate access to Japan and increased presence and penetration in other geographical areas, though the Alphatec's extensive international distributer to increase its international sales.

Ask for customization:

Key players operating in global spinal fusion devices market include Zimmer Biomet Holdings, Inc., Inc., Stryker Corporation, Inc., Exactech, Inc., Orthofix International N.V., Globus Medical, Inc., NuVasive, Inc., Medtronic Plc., Depuy Synthes, B. Braun Melsungen AG, Wenzel Spine, Inc., K2M Group Holdings, Inc., Centinel Spine, Inc., and Spineart Geneva SA.

About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

Contact Us:
Mr. Shah
Coherent Market Insights
1001 4th Ave, #3200
Seattle, WA 98154
Tel: +1-206-701-6702
Visit our news Website:

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 - Global Forecast to 2025 here

News-ID: 1036766 • Views: 167

More Releases from Medical Devices

Medical Aesthetics Market - Global Industry Insights, Trends, Outlook, and Oppor …
Medical aesthetics is an area of medicine, dealing with aesthetics, well-being, external appearance, visible skin changes, and image of the patient. Medical aesthetics involve high-technology skin care procedures that represents the fusion of beauty and healthcare services. Procedures for these involves use of advanced technologies to enhance aesthetics of the person. Demand for anti-aging products and procedures is increasing significantly, owing to increasing focus of patients to look young and
Ophthalmic Ultrasound Imaging Systems Market - Global Industry Insights, Trends, …
Ophthalmic ultrasound imaging system is non-invasive visualization technique, which is more convenient and relatively inexpensive as compared to other techniques such as optical coherence tomography (OCT), magnetic resonance imaging (MRI), and scanning Scheimpflug. Ophthalmic ultrasound imaging systems allow imaging of anatomy and pathology involving the anterior and posterior segment of the eye. This system provides diagnostic information in conditions such as glaucoma, trauma, cysts, and neoplasms. It also allows measurement
Eye Anatomical Model Market - Global Industry Insights, Trends, Outlook, and Opp …
Eye anatomical model refers to the type of reference models that are used to study the internal and external structures of the eye. These models are majorly used by educational institutes and optometry departments by professors to explain the internal and external anatomy of the eye in detail. These are also found to be used by professional healthcare providers such as ophthalmologists as well as opticians to educate their patients
Clostridium Difficile Diagnostics and Treatment Market – Insights
Clostridium difficile is a disease caused by bacteria. Symptoms of the disease includes diarrhea, nausea, colon inflammation, and others. Clostridium difficile infection affects older adults, and according to Centers for Disease Control and Prevention (CDC), 2015, clostridium difficile infection is the most common healthcare-associated infection. Furthermore, frequent use of antibiotic medication is also responsible for clostridium difficile infection, as antibiotics kill normal flora (good bacteria) and allow for multiplication of

All 5 Releases

More Releases for Spine

Spinal Implants Market Major Developments forecast : AESCULAP, Apollo Spine, Qua …
Global Spinal Implants Market: Overview Rapidly growing population and significantly increase in the treatment rate of degenerative spine disorders are the key factors driving demand in the global spinal implants market. Changing the lifestyle that led to the growth of obesity among the masses has further augmented growth for spinal implants. Increasing spine injuries due to increasing sports activities and other reasons are also benefitting growth in this market. Moreover, the
Thoracolumbar Spine Devices Market Report 2018-2023 - Beckers Spine Review
The shift from traditional surgery to minimally invasive spine surgery is a key factor driving the global thoracolumbar spine devices market, according to a Market Research Future report. Here are four things to know: 1. The market is anticipated to grow at a 6.5 percent compound annual growth rate through 2023. 2. The European market is expected to grow substantially due to increasing spine disease rates, a growing geriatric population, technological advancements and
Surgical Robots for the Spine Global Market Shares, Strategy, and Forecasts 2016 …
Researchmoz added Most up-to-date research on "Surgical Robots for the Spine: Market Shares, Strategy, and Forecasts, Worldwide, 2016 to 2022" to its huge collection of research reports. Worldwide spinal surgical robot markets are poised to achieve significant growth with the adaptation of robotic technology to the second most widely performed surgical procedure, spinal surgery. Aging of the population and hospital cost reductions through decreased length of stay are key market driving
Spine Biologics Market Industry Analysis
Spine Biologics Market was worth USD 2.07 billion in 2016 and estimated to be growing at a CAGR of 4.4%, to reach USD 2.56 billion by 2021. Spine biologics are used during spine fusion surgery for the treatment of spinal deformities such as trauma, tumors, degenerative disc disease, and spinal cord injuries by stimulating bone growth formation through inflammatory stage, repair stage, and remodeling stage. Therefore, surge in the number of
Global Spine Fixation Market 2017 : RTI Surgical, DePuy Synthes, Aegis Spine Inc …
Global Spine Fixation Market 2016 - 2017 A market study based on the " Spine Fixation Market " across the globe, recently added to the repository of Market Research, is titled ‘Global Spine Fixation Market 2017’. The research report analyses the historical as well as present performance of the worldwide Spine Fixation industry, and makes predictions on the future status of Spine Fixation market on the basis of this analysis. Get Free
Surgical Robots For The Spine 2017 Global Market Key Players - Accel Spine, Alli …
Surgical Robots For The Spine Market Wiseguyreports.Com Adds “Surgical Robots For The Spine Market -Market Demand, Growth, Opportunities, Manufacturers, Analysis of Top Key Players and Forecast to 2022” To Its Research Database. Description: Worldwide spinal surgical robot markets are poised to achieve significant growth with the adaptation of robotic technology to the second most widely performed surgical procedure, spinal surgery. Aging of the population