Thoracolumbar Spine Devices Market Report 2018-2023 - Beckers Spine Review
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 more favorable reimbursements.
3. The Asia-Pacific region is expected to emerge as the fastest growing region due to greater patient awareness and a large patient pool.
4. Key players in the global thoracolumbar spine devices market include X-Spine Systems, Medtronic, NuVasive and Globus Medical.
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Top 5 Players:-
* X-Spine Systems
* Stryker Corporation
* B. Braun Melsungen
* Zimmer Biomet Holdings, Inc
* Spine Wave, Inc.
Industry News- https://www.beckersspine.com/orthopedic-a-spine-device-a-implant-news/item/42475-4-things-to-know-about-the-global-thoracolumbar-spine-devices-market.html
Global Thoracolumbar Spine Devices Market - Regional Analysis
The global thoracolumbar spine devices market consists of regions namely America, Europe, Asia Pacific, and the Middle East & Africa.
The Americas region is estimated to dominate the market over the forecast period owing to the growing support by key players for outsourcing the manufacturing process to the developing economies. The large share of Americas region is due to expansion of the U.S. healthcare industry in the emerging economies.
The European market is anticipated to register a substantial growth owing to the increasing number of cases for spine disease, increasing geriatric population, technology advancements, and improving reimbursements. As per a study published in 2014 by the British Editorial Society of Bone and Joint Surgery, the rate for spinal fusion surgery for lumbar and cervical regions has augmented swiftly, however the rate of thoracic surgeries has declined over a period of time.
The Asia Pacific region is anticipated to emerge as the fastest growing thoracolumbar spine devices market owing to the increasing healthcare infrastructure, rising awareness among people, and large patient pool.
The Middle East & Africa has the potential to transpire as a large scale development and production hub for medical devices. The major factor contributing to this transformation would be low cost of product development in this region.
Some Major Points from Report TOC:
1. Report Prologue
2.2 Scope of the Study
2.2.1 Research Objective
2.3 Market Structure
2.4. Market Segmentation
3. Research Methodology
3.1 Research Process
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
3.5 Forecast Model
4. Market Dynamics
4.5 Macroeconomic Indicators
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