Press release
Spinal Fusion Devices Market Insight | Key Players are K2M Group Holdings Inc., Zimmer Biomet Holdings Inc., NuVasive Inc.
Report Details: https://www.transparencymarketresearch.com/spinal-fusion-devices-market.html
Transparency Market Research (TMR) has projected the global spinal fusion devices to reach US$10.96 bn by the end of 2025, rising steadily at 4.65% CAGR between 2017 and 2025. In the coming years, the market will gain from the increasing geriatric population as aged people are more vulnerable to spine disorders. Furthermore, with several technological advancements underway, experts predict sustainable growth for the global spinal fusion devices market
To present an in-depth overview, the global spinal fusion devices market is categorized in terms of end user, product, surgery, and geography. For instance, the market encompasses interbody fusion devices, thoraco-lumbar fixation devices, and cervical fixation devices in terms of product. Similarly based on surgery, the global spinal fusion devices market can be bifurcated into minimally-invasive surgery and open surgery. Of these, open surgery held dominance in the market in 2016. However, in the coming years the market is poised to witness a surging demand for minimally-invasive surgeries as they pose lesser risk and complication post surgeries.
Among end users, hospitals accounted for the highest share in the global spinal fusion devices market in 2016. Other segments within this category are ambulatory surgical centers, orthopedic centers, and clinics. In the coming years, the demand from clinical and orthopedic centers is forecast to rise thus bolstering growth opportunities for the global spinal fusion devices market.
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Regionally, the report covers Latin America, Asia Pacific, North America, Europe, and the Middle East and Africa. Among these regions, the market witnessed the highest demand from North America in 2016. Going forward North America is projected to remain dominant in the global spinal fusion devices market on account of the presence of a sophisticated healthcare infrastructure, high level of awareness about advanced treatments, and the rising focus of market players on innovations.
The report also profiles some of the leading companies operating in the spinal fusion devices market. These include K2M Group Holdings Inc., Zimmer Biomet Holdings Inc., NuVasive Inc., Globus Medical Inc., Stryker Corporation, Orthofix International N.V., Exactech Inc., Alphatec Holdings Inc., Braun Melsungen AG, Medtronic plc, and Titan Spine LLC.
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About Us
Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyze information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
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