Press release
Spinal Implants Market 2020-2026 Survey Report Along with Statistics || Key Players - Centinel Spine LLC, Spineart, Reliance Medical Systems, Paradigm Spine, Premia Spine, Exactech Inc.;
Global Spinal Implants Market 2020
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Global spinal implants market is registering a substantial CAGR of 6.58% in the forecast period of 2019-2026. This rise in the market can be attributed to the technological upgradations in spine surgery and surging aging and obese population globally which is increasing the figure of spine deformities.
Few of the major market competitors currently working in the global spinal implants market are Medtronic, Zimmer Biomet, Alphatec Spine Inc., K2M Inc., RTI Surgical Holdings Inc., Stryker, Orthofix Holdings Inc., NuVasive Inc., DePuy Synthes, Globus Medical Inc., Aesculap Inc., Apollo Hospitals Enterprise Ltd., Centinel Spine LLC, Spineart, Reliance Medical Systems, Paradigm Spine, Premia Spine, Exactech Inc., Aesculap Implant Systems LLC, Lumitex Inc., SpineFrontier Inc., Life Spine Inc., Integra LifeSciences Corporation among others.
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Market Definition: Global Spinal Implants Market:-
There is a prevalence of spinal disorders globally which is driving the need for implants. These are instruments which are used at the time of spinal surgery to facilitate fusion, stabilize, correct deformities and strengthen the spine. The spinal implants are made of metals such as stainless steel or titanium and are available in different sizes according to the requirement for treatment. It is also categorized into hooks, cages, pedicles screw, plates and rods. There is a lot of research done to refine implants to improve patient outcomes.
Segmentation: Global Spinal Implants Market:-
Spinal Implants Market : By Configuration
Spinal Fusion Devices
Non-Fusion Devices/Motion Preservation Devices
Vertebral Compression Fracture (VCF) Treatment Devices
Spinal Bone Stimulators
Spine Biologics
Spinal Implants Market : By Procedure
Open Surgery
Minimally Invasive Surgery
Others
Spinal Implants Market : By Material
Titanium
Titanium-Alloy
Stainless Steel
Plastic
Others
Spinal Implants Market : By Geography
North America
South America
Europe
Asia-Pacific
Middle East and Africa
Key Developments in the Spinal Implants Market:-
In June 2019, NuVasive Inc. has announced the launch of new product Modulus TLIF-O. It is a titanium spine implant made for transforaminal lumbar interbody fusion procedure. With this launch, the company will expand the product portfolio as well as increase its market share.
In May 2019, Medtronic announced its acquisition of Titan Spine. The acquisition will expand the product portfolio of Medtronic and it will also strengthen its market share. This deal will establish Medtronic as a key innovator in spinal surgical procedural solutions and it will increase the goodwill in the market.
Spinal Implants Market : Drivers:-
The growing geriatric and obese population is driving the growth of the market
The surging prevalence of spinal disorders is fueling the growth of the market
The spinal surgery has undergone some innovations which has led to market growth
The minimally invasive surgery has gained interest among the surgeon which is contributing to the growth of the market
The bone grafting products is going under technological innovations and developments which is contributing to the growth of the market
Spinal Implants Market : Restraints:-
Due to stringent compliances and regulatory approval procedure is restraining the growth of the market
The unfavorable reimbursement scenario is hampering the growth of the market
The treatment procedural cost are increased which act as a hindrance in the market growth
Spinal Implants Market : Competitive Analysis:-
Spinal implants market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares spinal implants market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Features mentioned in the report:-
Changing market dynamics of the industry
To get a comprehensive overview of the Spinal Implants Market.
Historical, current and projected market size in terms of volume and value
In-depth market segmentation
Competitive landscape of Spinal Implants Market
Table of Content: Global Spinal Implants Market :-
Part 01: Executive Summary
Part 02: Scope of The Report
Part 03: Global Spinal Implants Market Landscape
Part 04: Global Spinal Implants Market Sizing
Part 05: Global Spinal Implants Market Segmentation by Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
Continue....
Browse Detailed TOC, Tables, Figures, Charts and Companies @ https://www.databridgemarketresearch.com/toc?dbmr=global-spinal-implants-and-spinal-devices-market&raksh
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