openPR Logo
Press release

Innovations in Spine Surgeries driving Spine Implant Market | Arizton

Spinal Implants Market Research Report 2024

Spinal Implants Market Research Report 2024

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, Europe, Latin America, and MEA).

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
Call: +1-312-235-2040

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: 1835036 • Views: 403

More Releases from Arizton Advisory & Intelligence

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: 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
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: 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 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: 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: 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

All 5 Releases

More Releases for Spinal

Spinal Non-Fusion
Spinal implants are devices used for the treatment of spinal disorders such as disproportion and instability of spine. Spine surgical devices are broadly classified into fusion and non-fusion devices. Fusion devices heals by providing immediate and rigid immobilization, and non-fusion devices treats by replacing pro-inflammatory tissues, restoring spinal alignment, and decompressing neural elements while preserving functional movements rather than obliterating it. The advantages such as prolonged recuperation time, bone graft
Different Approaches to Spinal Fusion Market And Control Spinal Deformity Develo …
Spinal fusion is surgery to permanently join together two or more bones in the spine so there is no movement between them. For patients who require spinal fusion surgery to treat lumbar degenerative disc disease (DDD), spinal fusion device is a treatment option. Spinal fusion has been used for many years to treat many painful conditions in the lumbar (lower) spine. Over the past decade, there has been dramatic improvement in
Spinal Cord Compression-Spinal Stenosis Market Progresses for Huge Profits by 20 …
The Global Spinal Cord Compression-Spinal Stenosis Market is expected to reach $ 8.5 billion by the end of 2023, this market is projected to growing at a CAGR of ~ 11.5 % during 2017-2023. Spinal stenosis is the abnormal narrowing of spinal canal causing it to restrict, which may result in a neurological deficit due to interference with neurological fibres. The associated symptoms include pain, numbness, loss of motor control etc.
Spinal Cord Compression-Spinal Stenosis Market Report: Industry Manufacturers An … includes Global Spinal Cord Compression-Spinal Stenosis Market by indications, by diagnosis, by end users - Global Forecast till 2023 is new report. Spinal cord compression is the second most frequent neurologic complication of cancer. Only in the United States, each year nearly 20,000 people with cancer develop spinal cord compression; this affected population represents 5% to 10% of the general cancer population. Request Sample copy of Spinal cord compression-spinal stenosis
Spinal Trauma Devices Market: Spinal Trauma Devices Sales to Surge Rapidly in Re …
The global spinal trauma devices market is dynamic and highly competitive. Only a couple of companies account for a substantial share in the market, thus lending it an oligopolistic vendor landscape. The market is largely dominated by DePuy Synthes, Medtronic, NuVasive, Inc., Stryker Corporation, and Globus Medical, Inc. The cumulative share of these companies added up to 79.1% in 2014, says Transparency Market Research (TMR) in a new report. As
Spinal Implants and Spinal Devices Market Analysis, Development and Demand Forec …
The global spinal implants and spinal devices market is growing, due to increasing demand for minimally invasive surgeries, increasing number of hospitals and surgical centers, and commercial applications in areas, such as nucleus arthroplasty, stem cell technology and artificial disk replacement. The spinal fusion and fixation technology dominates the market and the non-fusion/ motion preservation technology segment is expected to grow with the fastest rate during the forecast period, due