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Spinal Implants Market Predicted to Grow at a Moderate Pace Through 2026

06-18-2018 03:00 PM CET | Health & Medicine

Press release from: Coherent Market Insights - Medical Devices Industry

Spinal Implants Market Predicted to Grow at a Moderate Pace

Spinal Implants are used in spondylolisthesis, traumatic fracture, degenerative disc disease, and several forms of spinal instability including scoliosis with a spinal implant surgery. Implant systems with predesigned shape and function according to the requirement are used in these surgical procedures. These Implants help in stabilizing and strengthening the spine. They also facilitate fusion and correct deformities. Metals used in spinal implants are stainless steel, titanium or titanium-alloy. Implants made from non-metallic compounds such as Carbon/PEEK material are also present. They are present in many forms and sizes to cater to wide range of patient age groups.

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More sophisticated and refined implants are under research to facilitate better surgery outcomes and to improve patient recovery post-surgery. Spinal deformities can be corrected 3 dimensionally due to advanced system developments such as hooks, rod, and screw systems. The progression of special plates and cages have also helped to promote spinal fusion. Moreover, advent of small and strong implants for children in the have recently fueled to market growth.

Ageing demography and increase in incidences of spinal disorders due of sedentary lifestyle are expected to fuel the growth of the market

Spinal Cord Injuries (SCI) majorly occur due to various reasons such as a blocked blood supply, infections, injuries, and compression by a fractured bone or a tumor. According to National Safety Council (NSC) estimates, 2016, number of people severely injured in traffic accidents was 4.6 million in the U.S. In 2016, around 235 critical road crashes injuries were reported in Western Australia. Moreover in 2015, incidence of spinal cord injuries were 12500 annually and approximately 288500 people are currently living with SCI in the U.S.

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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.

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