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What is behind the Rise of the Spinal Devices Market?

02-04-2020 12:52 PM CET | Health & Medicine

Press release from: Fortune Business Insights Pvt. Ltd

The global spinal devices market is anticipated to gain momentum from the increasing demand for orthopedic spine devices. Fortune Business Insights, in a published report, titled, "Spinal Devices Market Size, Share & Industry Analysis, By Product Type (Fusion Devices (Cervical Devices, Thoracolumbar Devices, Interbody Devices, and Biologics), Non-Fusion Devices (Vertebral Compression Fracture Devices, Artificial Discs, Dynamic Stabilization Devices, and Others), and Stimulation Devices) By Disease Indication (Degenerative Disc Disease, Complex Deformity, Traumas & Fractures, and Others), By End User (Hospitals & Ambulatory Surgery Centers, Specialty Clinics and Others) and Regional Forecast, 2019-2026," states that the market is projected to reach USD 15.74 Billion by 2026, thereby exhibiting a CAGR of 3.9% during the forecast period. However, the spinal devices market size was valued at USD 11.59 Billion in 2018.

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Leading Players operating in the Spinal Devices Market are:

Key players are involved in mergers and acquisition to strengthen their market position. Owing to increasing competition frequent innovations are taking place in the market. Some of the companies operating the industry are:

o RTI Surgical Holdings, Inc.
o Medtronic
o DePuy Synthes (Johnson & Johnson Services, Inc.)
o Alphatec Spine, Inc.
o Stryker
o Globus Medical
o Zimmer Biomet
o Aesculap, Inc. (B. Braun Melsungen AG)
o NuVasive, Inc.

Increasing Availability of High-quality Treatment Options to Boost Growth

The spinal devices industry is exhibiting a tremendous amount of technological advancements. It, in turn, is leading to the launch of a variety of innovative orthopedic devices and implants. They are providing high-quality treatment to those patients who are suffering from spinal disorders. The large patient pool across the world is demanding for customized implants and minimally invasive solutions. All these would augment the spinal devices market growth during the forecast period.

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Detailed Table of Content:

o Introduction
o Research Scope
o Market Segmentation
o Research Methodology
o Definitions and Assumptions
o Executive Summary
o Market Dynamics
o Market Drivers
o Market Restraints
o Market Opportunities
o Key Insights
o Prevalence of Key Spinal Diseases - For Key Countries/Regions
o Regulatory Scenario - For Key Countries/Regions
o Reimbursement Scenario - For Key Countries/Regions
o New Product Launches
o Key industry Developments - Mergers, Acquisitions and Partnerships
o Key Industry Trends
o Global Spinal Devices Market Analysis, Insights and Forecast, 2015-2026
o Key Findings / Summary
o Market Analysis, Insights and Forecast - By Product Type
TOC Continued....

Market Segmentation:

By Product Type
o Fusion Devices
? Cervical Devices
? Thoracolumbar Devices
? Interbody Devices
? Biologics
o Non-fusion Devices
? Vertebral Compression Fracture Devices
? Artificial Discs
? Dynamic Stabilization Devices
? Others
o Stimulation Devices
By Disease Indication
o Degenerative Disc Disease
o Complex Deformity
o Traumas & Fractures
By End User
o Hospitals & Ambulatory Surgery Centers
o Specialty Clinics
o Others
By Geography
o North America (U.S. and Canada)
o Europe (U.K., Germany, France, Italy, Spain, Scandinavia, and Rest of Europe)
o Asia Pacific (Japan, China, India, Australia, Southeast Asia, and Rest of Asia Pacific)
o Latin America (Brazil, Mexico, and Rest of Latin America)
o Middle East and Africa (South Africa, GCC, and Rest of Middle East & Africa)

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Reasons to Purchase this Report:

o Comprehensive analysis of the Spinal Devices Market growth drivers, obstacles, opportunities, and other related challenges.
o Tracks the developments, such as new product launches, agreements, mergers and acquisitions, geographical expansions, and joint ventures.
o Identifies market restraints and boosters.
o Identifies all the possible segments present in the market to aid organizations in strategic business planning.

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