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Booming Demand for Pedicle Screws Market Business Growth Statistics and Key Players Insights : DePuy Synthes, Zimmer Biomet ,Globus Medical , B. Braun Melsungen AG ,Stryker ,Medtronic ,RTI Surgical, K2M,Orthofix International N.V. ,Alphatec Spine
MARKET INTRODUCTIONPedicle screws are accessories used majorly during the spinal fusion procedures that helps to provide extra support and strength to the fusion during its healing period. These screws are placed above and below the fused vertebrae. The screws themselves do not fixate the spinal segment, but act as firm anchor points that can then be connected with a rod. The removal of these screws is not necessary until the patients experience discomfort from these screws.
MARKET DYNAMICS
The pedicle screws market is anticipated to grow in the forecast period owing to driving factors such as increasing number of spinal injuries, growing preference for minimally invasive surgeries and technological advancements in spinal fusion devices. The market is likely to showcase opportunities for the untapped markets and growing awareness regarding advanced surgical procedures.
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MARKET SCOPE
The "Global Pedicle Screws Market Analysis to 2027" is a specialized and in-depth study of the medical device industry with a special focus on the global market trend analysis. The report aims to provide an overview of pedicle screws market with detailed market segmentation by product type, application, and geography. The global pedicle screws market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading pedicle screws market players and offers key trends and opportunities in the market.
MARKET PLAYERS
The reports cover key developments in the pedicle screws market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market payers from pedicle screws market are anticipated to lucrative growth opportunities in the future with the rising demand for pedicle screws market in the global market. Below mentioned is the list of few companies engaged in the pedicle screws market.
Companies Covered in this Report are:
- DePuy Synthes
- Zimmer Biomet
- Globus Medical Inc.
- B. Braun Melsungen AG
- Stryker
- Medtronic
- RTI Surgical, Inc.
- K2M, Inc.
- Orthofix International N.V.
- Alphatec Spine, Inc. (A Subsidiary of Alphatec Holdings, Inc.)
MARKET SEGMENTATION
The global pedicle screws market is segmented on the basis of product type and application. Based on product type, the market is segmented as polyaxial pedicle screw systems, monoaxial pedicle screw systems, and other pedicle screw systems. On the basis of the application the market is segmented as fracture, spinal tumor, scoliosis, failed fusion, and spondylitis.
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REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global pedicle screws market based on various segments. It also provides market size and forecast estimates from year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The pedicle screws market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting pedicle screws market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the pedicle screws market in these regions.
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