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Spinal Implants Market 2020 Will Emerge Globally And Grow at 5.3% of CAGR by 2026 | Top Players: B. Braun Melsungen AG (Germany), DePuy Synthes (US), Exactech, Inc. (US), Globus Medical Inc and more.... | Know the Impact Analysis of Corona-virus/COVID19
The Global Spinal Implants Market was valued at US$ XX Mn in the year 2018 and is expected to reach US$ XX Mn by the year 2026, growing at a CAGR of 5.3% by 2027.The ripple effect of Coronavirus-COVID19 on the Spinal Implants Market Ecosystem needs to become part of strategy discussions to emerge strong. The Analyst team is meticulously tracking the impact and relevance to all the sectors in the Spinal Implants Market. Key data sets include Revenue Impact analysis, Disruptions and New opportunities in the Supply Chain, Revised Vendor Landscape Mix, New opportunities mapping, and more.
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AllTheResearch offers a most recent distributed report on Global Spinal Implants industry examination and figure 2019-2025 conveying key bits of knowledge and giving an upper hand to customers through a point by point report. The Spinal Implants Market report contains XX pages which profoundly displays on current market investigation situation, up and coming just as future chances, income development, evaluating and gainfulness.
Worldwide Spinal Implants Market inspect reports consolidate market designs nuances, genuine scene, feature assessment, cost structure, capability, bargains, net advantage, and movement and measuring of business.
Market Segmentation:
Following Top Key players are profiled in this Market Study:
B. Braun Melsungen AG (Germany), DePuy Synthes (US), Exactech, Inc. (US), Globus Medical Inc. (US), K2M Group Holdings, Inc. (US), Medtronic Plc (Ireland), NuVasive, Inc. (US), Orthofix International N.V. (US), Stryker Corporation (US), and Zimmer Biomet (US), amongst others
This report analyzed by End-use Industry: Telecommunications, Automotive, Consumer Electronics, Aerospace & Defense, Others (Healthcare and Industrial)
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Based on the type of surgery, the spinal implants market has been segmented into open surgery and minimally invasive surgery. While the open surgery segment accounted for a higher share in the base year, the minimally invasive surgeries segment is expected to grow at a higher CAGR in the coming years. Minimally invasive surgeries have advantages such as faster recovery, reduced pain, and less scars.
Spinal Non-fusion devices segment is expected to grow at a high CAGR during the forecast period.
Based on products, the market has been segmented into spinal fusion and fixation devices, spinal non-fusion devices, and vertebral compression fracture repair devices. Spinal fusion devices are used for spinal fusion surgeries which involve the fusion of one or more vertebrae of the spine. On the other hand, spinal non-fusion surgeries do not involve the fusion of vertebrae of the spine and hence, they are also known as motion preservation surgeries. The vertebral compression fracture repair devices segment includes balloon kyphoplasty devices and vertebroplasty devices.
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Regional Analysis:
North America
Europe
Asia Pacific
LATAM
Middle East Africa
Based on regions: North America accounts for over 40% share of the global spinal implants market
North America dominates the spinal implants market in 2018 with over 40% share. An increase in the incidence of spinal disorders and the increasing awareness about new technologies developed for the treatment of spinal disorders, are some of the main factors that are driving the growth of the spinal implants market in this region.
According to the Agency for Healthcare Research and Quality (AHRQ), approximately 480,000 spinal fusion surgeries where performed in 2011, which accounted for 3% of the all operating room procedures. Apart from this, a well-established healthcare infrastructure, coupled with favourable reimbursement policies, is expected to drive the growth of the market further
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