Spinal Fusion market is projected to reach 5820 Million US$ by 2025

This study focuses on the production side and consumption side of Spinal Fusion, presents the global Spinal Fusion market size by manufacturers, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025.
In terms of production side, this report researches the Spinal Fusion capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.

In terms of consumption side, this report focuses on the consumption of Spinal Fusion by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.

Spinal fusion is surgery to permanently join together two or more bones in the spine so there is no movement between them. For patients who require spinal fusion surgery to treat lumbar degenerative disc disease (DDD), spinal fusion device is a treatment option.

Spinal fusion contains transforaminal lumbar interbody fusion (TLIF), anterior lumbar interbody fusion (ALIF), posterior lumbar interbody fusion (PLIF), posterior lumbar fusion (PLF), extreme lateral interbody fusion (XLIF). The spinal fusion industry is relatively concentrated. The requirement of device precision and quality are high, and the device need accord with biomechanical characteristics of human body and have good biocompatibility with human tissue.

With the rapid development of industry, global demand for spinal fusion is increasing. In 2015, treatment of spinal diseases application accounts for 45.65% of global consumption, while control spinal deformity development and protection of spinal nerves take about 36.56% and 12.75%, respectively.

The global average price of spinal fusion is in the decreasing trend, from 1761 USD/Unit in 2011 to 1549 USD/Unit in 2016. With the situation of global economy, prices will be in decreasing trend in the following five years. In line with global trends, the China average price of Spinal Fusion decreased from 1698 USD/Unit in 2011 to 1484 USD/Unit in 2016.

The spinal fusion production in 2016 will reach about 2412.1 K Units from about 1633.1 K Units in 2011 with an average growth rate of 8.12%. USA is the biggest production base, which holds 57.14% production share in 2015.

USA and EU are the main consumption bases, and USA holds 43.24% consumption share and EU holds 25.59% consumption share in 2015. They occupy 68.82% of the global consumption in total.

The Spinal Fusion market was valued at 3970 Million US$ in 2017 and is projected to reach 5820 Million US$ by 2025, at a CAGR of 4.9% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Spinal Fusion.

This report includes the following manufacturers; we can also add the other companies as you want.

Stryker Corporation

Medtronic

Zimmer Biomet

Depuy Synthes Companies

Globus Medical

B. Braun Aesculap

Nuvasive

K2M

MicroPort

Orthofix International N.V

Alphatec Spine

Integra LifeSciences

Invibio

Weigao Orthopaedic

Market Segment by Product Type

Transforaminal Lumbar Interbody Fusion (TLIF)

Anterior Lumbar Interbody Fusion (ALIF)

Posterior Lumbar Interbody Fusion (PLIF)

Posterior Lumbar Fusion (PLF)

Extreme Lateral Interbody Fusion (XLIF)

Market Segment by Application

Treatment of Spinal Diseases

Control Spinal Deformity Development

Protection of Spinal Nerves

Other

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Market size split by Region
North America
Asia-Pacific
Europe
Central & South America
Middle East & Africa

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