Innovations in Spine Surgeries driving Spine Implant Market | Arizton
The global spine implant market is expected to reach over $12 billion in 2024.
Request for your free sample today!
Spinal implants are medical devices used majorly to correct spine deformities, strengthen and improve the spine stability, facilitate the fusion of two vertebrae, and treat spine fractures. The spine implant market is one of the major segments of the orthopedic market accounting for a share of around 23%. According to the National Institute of Neurological Disorders and Stroke (NINDS) around 80% of adults experience low back pain at some point of time in their life.
The leading drivers and trends propelling the growth of the spine implant market are discussed below:
High Prevalence of Spine Disorders and Injuries
Spine disorders (SD) are witnessing an increased globally due to the high prevalence of degenerative disc diseases, disc herniation, spinal stenosis, spondylolisthesis, and scoliosis. It has reported that approximately 266 million individuals suffer from degenerative spine diseases (DSDs) annually across the globe. Spinal stenosis is the most common health challenge among men and women over 50 years. The aging population is at a high risk for spinal impairments. Around 1.6 million patients are diagnosed with lumbar spinal stenosis annually in the US. According to the WHO, the number of people suffering from spinal cord injuries worldwide is between 250,000 and 500,000. Hence, the high prevalence of spine disorders and the increase in the elderly population are significantly contributing to the growth of the global spine implant market.
Growth of Bioabsorbable Spine Implants
The usage of bioabsorbable is growing in cardiovascular and orthopedic surgeries, and the potential advantage of bioabsorbable materials is now recognized in spine treatments as well. Bioabsorbable implants, which are biodegrade and resorbed inside the body, are currently gaining significant widespread attention among researchers. Bioabsorbable materials play a significant role in specific spinal reconstructive procedures with improved image assessment and fusion healing properties. In the spine implant market, Inion is offering Inion S-1 and Inion S-2 bioabsorbable spine implant systems. The Inion S-2 bioabsorbable spine implant system is indicated for spinal fusion procedures and offers fully absorbable properties.
Availability of Innovative Spine Implants
The spine implant market has been witnessing several innovations and is likely to observe major changes in terms of product designs, material usage, and spine surgery techniques. Vendors are developing technological advance spine implants to address the prevailing demand for treating spinal disorders, especially spine fusion surgeries. Vendors are also focusing on the development of devices that are compatible for minimally invasive spine procedures. Vendors’ growing focus on technological advancements and improvements have led to the launch of many innovative devices, leading to an increase in demand for such devices, thereby contributing to the growth of the global spine implant market.
Request for your free sample today!
Medtronic, Johnson & Johnson (DePuy Synthes), Stryker, NuVasive, Globus Medical, and Zimmer Biomet are identified as prominent vendors in the spine implant market.
The complete overview of the latest market research report on the global spine implant market by Arizton is now available.
The report offers a detailed study of major trends, drivers, challenges, and provides market sizing and forecast for major geographical regions and key countries.
About Arizton Advisory & Intelligence
Arizton – Advisory and Intelligence is an innovation and quality-driven firm, which offers cutting-edge research solutions to clients across the world. We excel in providing comprehensive market intelligence reports and advisory and consulting services.
Arizton has gained a paramount standpoint in the market research arena as it offers top of the line solutions to clients to assess market landscape and to finalize foolproof business strategies. We are committed to provide inclusive market research reports and consulting services to clients from diversified industries including –Consumer Goods & Retail Technology, Automotive and Mobility, Smart Tech, Healthcare and Lifesciences, Industrial Machinery, Chemicals and Materials, IT and Media, Logistics and Packaging
Arizton comprises a team of exuberant and well-experienced analysts who have mastered in generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports.
Arizton Advisory & Intelligence
Chicago, Illinois, 60605
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Innovations in Spine Surgeries driving Spine Implant Market | Arizton here
News-ID: 1827257 • Views: 416
More Releases from Arizton Advisory & Intelligence
VIETNAM DATA CENTER MARKET TO WITNESS INVESTMENT OPPORTUNITIES OF AROUND $1 BILL …
According to Arizton's latest research report, the Vietnam data center market will grow at a CAGR of 10.8% from 2022-2028. TO KNOW MORE, DOWNLOAD THE FREE SAMPLE REPORT: https://www.arizton.com/request-sample/3732 The government's strategies, digitalization initiatives, expansion of fiber connectivity, and 5G deployment have made Vietnam one of Southeast Asia's emerging data center markets. To achieve e-government, e-economy, and e-society, as well as to increase production and manufacturing, Vietnam's National Digital Transformation Program
BELGIUM DATA CENTER MARKET INVESTMENTS TO REACH $2.8 BILLION IN 2028 - ARIZTON
In Western Europe, the data center market in Belgium is one of the fastest-growing industries. Due to its central location between Frankfurt, Amsterdam, Paris, and London (FLAP), the nation benefits from favorable geographic conditions. TO KNOW MORE, DOWNLOAD THE FREE SAMPLE REPORT: https://www.arizton.com/request-sample/3755 Belgium is ranked sixth in the European Union for enterprise adoption of digital technologies for business operations, according to the Digital Economy and Society Index (DESI). A
STAGE LIGHTING MARKET IS SET TO REACH $3.3 BILLION BY 2028 - Arizton
Stage lighting equipment is in huge demand due to the enhancement of exhibitions and special events and increasing investments in cultural institutions like museums and galleries. Increased corporate events and trade shows additionally fuel the growth of the global stage lighting market. TO KNOW MORE, DOWNLOAD THE FREE SAMPLE REPORT: https://www.arizton.com/request-sample/3743 Futuristic inventions in wireless digital technology and growth in complementary digital technologies will likely boost investor confidence and help the
The Fire Fighting Pump Market is Set to Reach $2.8 Billion by 2028 - Arizton
The global firefighting pump market has a huge opportunity to grow during the forecast period, as continuous innovation in energy efficiency, technological integration, and automation will drive the market growth. DOWNLOAD FREE SAMPLE REPORT NOW: https://www.arizton.com/request-sample/3719 The fire fighting pump market has the presence of multiple international and regional companies, such as Grundfos, Peerless Pumps, Rhurpumpen, Rosenbauer, and Kirloskar Brothers. They invest in R&D to continuously upgrade their products in terms
More Releases for Spine
Innovations in Spine Surgeries driving Spine Implant Market | Arizton
Arizton’s recent market research report on the global spinal implant market provides comprehensive industry analysis, trend forecasts, and competitive analysis. The research study segments the market by products (spinal fusion implants, spine biologics, VCF treatment devices, spinal non-fusion implants, and spine bone growth electrical stimulation devices), end-users (hospitals, specialty orthopedic and spine centers, and ambulatory surgical centers (ASCs)), surgery (open spine and minimally invasive spine), and geography (North America, APAC,
Technological Boost Can Play a Vital Role in Taking Spinal Implants Market With …
Spinal Implants Market Overview: The global spinal implants market, as per the report published by Market Research Future (MRFR), could achieve a CAGR of 5.5% during the forecast period (2017-2023). Spinal implants are mostly used to treat any deformity or accidental rupture in the spinal cord. Other problems such as joint issues, slip disk, and increasing stiffness of the tissue supporting the spine can be partially cured by these spinal implants. Free
Spinal Implants Market Major Developments forecast : AESCULAP, Apollo Spine, Qua …
Global Spinal Implants Market: Overview Rapidly growing population and significantly increase in the treatment rate of degenerative spine disorders are the key factors driving demand in the global spinal implants market. Changing the lifestyle that led to the growth of obesity among the masses has further augmented growth for spinal implants. Increasing spine injuries due to increasing sports activities and other reasons are also benefitting growth in this market. Moreover, the
Spine Fixation Market Growth, Opportunities and Development 2023 Key Players Inv …
“Global Spine Fixation Market Size, Status and Forecast 2023”, incisive report recently added to the wide-ranging database of Qurate Business Intelligence, offers a panoramic view of the global market. Prognosis associated with the market values over the approaching years of forecast period are based on methodical research and figures composed through both primary and secondary sources. The reliable processes followed to exhibit several features of the marketplace makes the data
Surgical Robots for the Spine Global Market Shares, Strategy, and Forecasts 2016 …
Researchmoz added Most up-to-date research on "Surgical Robots for the Spine: Market Shares, Strategy, and Forecasts, Worldwide, 2016 to 2022" to its huge collection of research reports. Worldwide spinal surgical robot markets are poised to achieve significant growth with the adaptation of robotic technology to the second most widely performed surgical procedure, spinal surgery. Aging of the population and hospital cost reductions through decreased length of stay are key market driving
Global Spine Fixation Market 2017 : RTI Surgical, DePuy Synthes, Aegis Spine Inc …
Global Spine Fixation Market 2016 - 2017 A market study based on the " Spine Fixation Market " across the globe, recently added to the repository of Market Research, is titled ‘Global Spine Fixation Market 2017’. The research report analyses the historical as well as present performance of the worldwide Spine Fixation industry, and makes predictions on the future status of Spine Fixation market on the basis of this analysis. Get Free