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Interbody Fusion Cage Market By Products (Lumbar, Cervical, Thoraco-lumbar, Thoracic), By Surgery Type (Anterior, Transforaminal, Posterior, Lateral) – Business Overview, Analysis and Industry Forecast 2017-2023

08-22-2018 08:17 AM CET | Health & Medicine

Press release from: Genesis market insights

Genesis Market Insights

Genesis Market Insights

GLOBAL INTERBODY FUSION CAGE MARKET was valued at USD 1,872 Million in the year 2017. Global Interbody Fusion Cage market is further estimated to grow at a CAGR of 3.6% from 2018 to reach USD 2,315 Million by the year 2023.

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North America region holds the highest market share in 2017 and is considered as the fastest growing market in the forecasted period. At a country level, the U.S. and Canada are projected to grow strongly in the coming years.

Aurora Spine, Inc., B. Braun Melsungen AG, Benvenue Medical, Inc., Ulrich Medicals USA, Prodorth, Orthofix International, N.V., Medtronic, plc, Zimmer Biomet, Inc., NuVasive, Inc., and Johnson & Johnson (DePuy Synthesis) are some of the key players in the Interbody Fusion Cage Market. Other players operating in the value chain are Biomet USA, Globus Medical USA, Spineart France, Precision Spine USA, Medacta Switzerland, and K2M USA. Rising research and development expenses to address the changing demand of end users. Similarly, growth strategies such as acquisition, merger, and expansion of the distribution network were few techniques adopted by most of the top players in the last 5 years.

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Drivers:

• Rising geriatric population
• Increase in spinal surgeries

Restraints:

• The high cost of surgeries

Opportunities:

• Technological advancements
• Growing awareness

Challenges:

• Availability of skilled labors

The Global Interbody Fusion Cage is segmented as by Products, by Surgery Type, by end users, and by region. On the basis of products, the market is segmented as Lumbar, Cervical, thoraco-lumbar, and Thoracic of which Lumbar holds the highest market share. On the basis of surgery test type the global market is segmented as Anterior, Transforaminal, Posterior and Lateral of which anterior surgery expected to hold the highest market share in the forecasted period.

On the other hand, by end users the market is segmented as Hospital, Clinic, Ambulatory Surgical Center and Others for this Ambulatory Surgical Center market is expected to grow at highest CAGR during year 2018-2023.

Key Benefits for Stakeholders

• Interbody Fusion Cage manufacturers & distributors
• Healthcare professionals and organizations
• Pharmaceutical & Biotech Research organizations and associations
• Various Research organizations and consulting firms
• The government, Regulatory bodies, and consumers

By Products

• Lumbar
• Cervical
• Thoraco-lumbar
• Thoracic

By Surgery Type

• Anterior
• Transforaminal
• Posterior
• Lateral

By End Users

• Hospitals
• Clinics
• Ambulatory Surgical Centers
• Others

By Region

• North America
• Europe
• Asia-Pacific
• RoW

Key Market Players

• B. Braun Melsungen AG
• Benvenue Medical, Inc.
• Aurora Spine, Inc.
• Prodorth
• Medtronic PLC.
• Orthofix International N.V.
• NuVasive, Inc.
• Ulrich Medical USA
• Johnson & Johnson (DePuy Synthes)
• Zimmer Biomet Holdings, Inc.

(Another brief information of 10 companies will be provided in the report)

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About Us:

Genesis Market Insights (GMI), is a subsidiary of Genesis Management & Market Research Pvt.Ltd. (GMMR) having a strong experience both in primary and secondary market research serving small to large scale enterprises across globe. Established in 1993, GMMR has become a recommended brand for Market Research for various international and MNC Corporations with its strong data foundation. With its exhaustive research capabilities, strong analytics services and in house data validation tools, GMMR has delivered actionable, reliable and all-inclusive Market Research Reports. GMMR is growing strongly for last 2 decades with most of the clients providing repeat business for their trust on the data quality and recommendations for decision making.

Contact Us;

Genesis Market Insights (GMI)
902 Broadway, 6th Floor,
New York, NY 10010
(212) 634-4560
Mail us at: info@genesismarketinsights.com
Website: www.genesismarketinsights.com

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