Spinal Implants and Devices Market Set High Growth by 2022 - Alphatec Spine, B. Braun Melsungen, Depuy Synthes (Johnson & Johnson), Exactech, Globus Medical

The global spinal implants and devices market was worth $9,741 million in 2015, and is estimated to reach $13,384 million by 2022, growing at a CAGR of 4.6% during the study period. Spinal implants and devices are used to treat spinal deformities such as spinal stenosis and isthmic spondylolisthesis. Increase in geriatric population, rise in adoption of minimal invasive surgery techniques, and upsurge in incidence rate of spinal disorders are expected to drive the market growth. Moreover, technological advancements in spinal fusion implants fuel this growth. However, unfavorable reimbursement scenario and stringent regulatory approval procedures are expected to impede the market growth.

Spinal stenosis is the most common problem in men and women over 50 years of age. With age, changes occur in the structure of the spine, such as the band of the tissue that supports the spine gets thick, bones and joints get bigger, thus leading to the most common cause of spinal impairment. According to Eurostat, on January 1, 2015, the European Union (EU)-28 population was estimated to be 508.5 million of which older persons (aged 65 years or over) had an 18.9% share, reflecting an increase of 0.4% compared to the previous year. Therefore, increase in geriatric population is expected to impact the demand for spinal implant and devices for the treatment of spinal disorders.

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Key Benefits

The study provides an in-depth analysis of the global spinal implants and devices market, with current trends and future estimations, to elucidate the imminent investment pockets.

Quantitative analysis from 2014 to 2022 is expected to enable the stakeholders to capitalize on prevailing market opportunities.

The report provides actual historical figures for 2014 and Y-o-Y forecasts from 2016 to 2022, considering 2015 as base.

Comprehensive analysis of all geographical regions is provided to determine the prevailing opportunities.

Extensive analysis is conducted by closely following key product positioning and monitoring the top contenders within the market framework.

The key companies operating in the spinal implants and devices market are Alphatec Spine, Inc., B. Braun Melsungen AG, Depuy Synthes (Johnson & Johnson), Exactech, Inc., Globus Medical, Inc., Medtronic plc, NuVasive, Inc., Orthofix International N.V., Stryker Corporation, and Zimmer Biomet Holdings, Inc.

The other players operating in the market include Paragon Medical, Inc., Norman Noble, Inc., Nutech, Titan Spine, Wenzel Spine, Inc., X?spine Systems, Inc., Tecomet, Inc., Marox Corporation, Axial Medical, Spine Wave, Inc., K2M, Inc., and Captiva Spine, LLC.

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The global rigid packaging market is segmented on the basis of material type, end-use industries, and geography.

By Material Type

Plastics
Metal
Paper & paperboard
Glass
Others

By End-user

Food & beverage
Pharmaceutical
Personal care
Others (Electronics, industrial)

TABLE OF CONTENTS:

CHAPTER 1 INTRODUCTION

CHAPTER 2 EXECUTIVE SUMMARY

2.1. CXO PERSPECTIVE

CHAPTER 3 MARKET OVERVIEW

3.1. MARKET DEFINITION AND SCOPE

3.2. KEY FINDINGS

3.2.1. Top winning strategies

3.2.2. Top investment pockets

3.3. MARKET SHARE ANALYSIS, 2015

3.4. MARKET DYNAMICS

CHAPTER 4 GLOBAL SPINAL IMPLANTS AND DEVICES MARKET, BY PRODUCT

CHAPTER 5 GLOBAL SPINAL IMPLANTS AND DEVICES MARKET, BY SURGERY

CHAPTER 6 GLOBAL SPINAL IMPLANTS AND DEVICES MARKET, BY REGION

CHAPTER 7 COMPANY PROFILES

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