Spinal Needles Market by Worldwide Manufacturers - Boston Scientific, B. Braun, Medtronic, Stryker Co. and Forecast till 2023

Global Spinal Needles Market - Regional Analysis

The Spinal Needle Market in America is majorly driven by growing numbers of spinal surgeries, increasing prevalence of various neurological disease and rising awareness among people, this has led to America dominating the global spinal needle market. Well-developed healthcare sector and increasing healthcare spending with rising number of diseases has driven the European spinal needle market to obtain the second position. The Asia Pacific region is expected to grow rapidly during forecast period. Presence of a huge patient population suffering from different infectious diseases is the key driving factor for the market in Asia Pacific region.

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Global Spinal Needles Market - Key Players

Boston Scientific (US), B. Braun (Germany), Medline Industries (US), Sarstedt (UK), BD (US), Smiths Medical (US), Halyard Health (US), Exel International (US), MYCO Medical (US), Wallach Surgical (US), Medtronic (UK), Novo Nordisk (Denmark), Stryker Corporation (US), Argon Medical Devices, Inc (Netherland), Cook Medical (US)

Global Spinal Needles Market - Industry News

Sep 2017 NuVasive, Inc. who is a leader in medical devices concentrated on transforming spine surgery with minimally disruptive, procedurally-integrated solutions, announced recently the acquisition of the company Vertera Spine which is a privately-held medical device company that deals in creating highly innovative interbody implants required for spinal fusion by the use of patented porous ‘PEEK’ technology. The terms of the acquisition deal were not disclosed by both the companies.

Global Spinal Needles Market - Intended Audience

Spinal needles manufacturers
Spinal needles suppliers
Research and Development (R&D) companies
Independent research laboratories
Market research and consulting service providers
Medical research laboratories
Academic medical institutes and universities

Global Spinal Needles Market - Segments

The market for global spinal needles is categorized on the criterion of type, application and end users. The market is divided into directional spinal needles, traumatic needle tips, pencil-point needles and others on the basis of type. 24G, 25G, 27G and other are the types on the basis of size. The applications have divided the market into diagnostic and therapeutic. Finally based on end users the market includes hospitals, clinics and other.

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Global Spinal Needles Market - Overview

Spinal Needles Market has developed considerably due to rise in demand for this particular equipment. Market Research Future, who publishes market reports related to the Healthcare sector among others, recently published a report on the scenario in this market. The sector is estimated to develop at a CAGR of 6.8% during the forecasted period.

Technological advancements in medical devices and the availability of improved surgical processes, the market has expanded rigorously. Reduced complications from the use of spinal needles in spine related surgeries have increased their demand both from the doctors and patients end. Increase in the level of neurological disorders has further provided a push to this market in terms of investments in infrastructure and improvement of product quality. The product quality has seen significant improvement in terms of materials that are utilized for production of spinal needles leading to better precision, and in turn creating positive demand from both the consumer and medical practitioners end. Heightened presence of international market players has been beneficial for increasing the growth pace of the market. The limitations to the market’s growth can be due to the factors like increased surgery expenses, side effects of spine related operations and substitute methods for diagnostic testing.

Major Table of Content

Chapter 1. Report Prologue

Chapter 2. Market Introduction

2.1 Definition

2.2 Scope of the Study

2.2.1 Research Objective

2.2.2 Assumptions

2.2.3 Limitations

Chapter 3. Research Methodology

3.1 Introduction

3.2 Primary Research

3.3 Secondary Research

3.4 Market Size Estimation

Chapter 4. Market Dynamics

Continued….

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