Fusion Spinal Implants Market, Industry Trends, Size, Competitive Analysis and Forecast 2019-2025

Global fusion spinal implants market is anticipated to grow at a CAGR around 4.8% during the forecast period. The factor contributing to the fusion spinal implants market growth is the increase in the number of spinal surgeries during the forecast period. These implants are used during spinal fusion procedures and are normally used in combination with a bone graft. Fusion spinal implants involve the procedure in which instruments such as plates, cages and screws are utilized so that the bone can grow easily. These implants are also flexible so that the spine can be bend.

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Global fusion spinal implants market is segmented on the basis of type, and end-user. Based on type, the market is segmented into interbody cages, plates, rods, screws and others. Based on end-user, the market is segmented into hospitality & clinics and ambulatory surgical centers.

The key players that are active in the market include Alphatec Holdings, Inc., DePuy Synthes, Globus Medical, Inc., Medicrea, Medtronic, PLC., NuVasive, Inc, Orthofix International N.V., RTI Surgical, Inc., Stryker Corp. and Zimmer Biomet Holdings Inc. The market players are considerably contributing to the market growth by the adoption of various strategies including new product launch, merger, and acquisition, collaborations with government, funding to the start-ups and technological advancements to stay competitive in the market.

For instance, in February 2020, Medicrea announced the US FDA clearance of the patient-matched spinal interbody cages, named UNiD IB3D. These interbody cages are 3D-printed titanium-based implants that are designed to customize cage dimensions and are the company's first fusion spinal implant to be commercially out in the market. Thus, the development and the FDA clearance of such devices are anticipated to enhance the growth of the market.

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Global Fusion Spinal Implants Market Segmentation

By Type
o Interbody Cages
o Plates
o Rods
o Screws
o Others

By End-User
o Hospitals & Clinics
o Ambulatory Surgical Centers

Company Profiles
o B. Braun Melsungen
o Depuy Synthes
o Exactech
o Globus Medical
o Medtronic PLC
o Nutech
o Orthofix International
o Paragon Medical
o Stryker Corp.
o Zimmer Biomet Holdings

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