Spinal Fusion Market 2020 Precise Outlook - Medtronic, Stryker Corporation, Zimmer Biomet, Orthofix Interntional, NuVasive, Inc., Globus Medical, K2M Group Holdings Inc

The report provides a valuable source of insightful data for business strategists and competitive analysis of Spinal Fusion Market. It provides the Spinal Fusion industry overview with growth analysis and futuristic cost, revenue and many other aspects. The research analysts provide an elaborate description of the value chain and its distributor analysis. This Tire Spinal Fusion study provides comprehensive data which enhances the understanding, scope and application of this report.

global market is projected to display a modest growth represented by a CAGR of 4.54% during 2018 -2023.

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Prominent Players in the global Spinal Fusion market are -

Medtronic, Stryker Corporation, Zimmer Biomet, Orthofix Interntional, NuVasive, Inc., Globus Medical, K2M Group Holdings Inc., Alphatec Spine, DePuy Synthes, Aesculap Implant Systems, LLC.

A comprehensive research report created through extensive primary research (inputs from industry experts, companies, stakeholders) and secondary research, the report aims to present the analysis of Global Spinal Fusion Market: By Procedure - Traditional (ALIF, PLIF, Others), Minimally Invasive (MITLIF, XLIF, Others), By Region (North America, Europe, Asia-Pacific and Rest of the World) and By Country (U.S, Canada, Germany, U.K, China, Japan and Australia).

Over the recent years, global spinal fusion market has been witnessing growth, on account of several driving factors including rising healthcare awareness amongst consumers, surging prevalence of spinal deformities due to accidents along with increasing health expenditure in developing countries. Moreover, ongoing demographic shift towards geriatric population with significant population suffering from inveterate spinal ailments, is expected to propel the demand for spinal fusion surgeries. In this research report, the market is segmented on the basis of types of spinal fusion procedures between Traditional spinal fusion procedures and Minimally Invasive Spinal Fusion procedures and further divided into Anterior Lumbar Interbody Fusion (ALIF), Posterior Lumbar Interbody Fusion (PLIF), Other traditional techniques, Minimally Invasive Transforaminal Lumbar Interbody Fusion (TLIF), Extreme Lateral Interbody Fusion (XLIF) and Other Minimally Invasive Spinal Fusion Techniques. While traditional spinal fusion surgeries held the dominant position in the market, the segment of minimally invasive procedures is anticipated to witness the highest growth rate.

Amongst the regions, North America accounts for the largest regional share in the global spinal fusion market in 2018, due to a robust healthcare infrastructure combined with focus on development of new devices along with improved diagnosis among the patients within the region. However, a decrease in the market share of the North American region is being anticipated in the forecast period as compared to the historic period. On the other hand, Asia Pacific is predicted to advance at the highest rate. Presence of vast consumer base, particularly in emerging nations such as China and India, in addition to growing per capita expenditure on healthcare is likely to drive the regional market.

Industry News:

Sept. 26, 2018: Medtronic announced the U.S. launch of a system for use in spinal fusion surgery that is designed to immobilize and stabilize the spine while it fuses. The company promoted the launch during the North American Spine Society meeting in Los Angeles. Called the Infinity Occipitocervical Upper Thoracic (OCT) System, the product is intended to simplify posterior cervical spine surgery. It integrates navigation, biologics, devices and instrumentation for fusion procedures for the upper back and neck, the company said.

Medtronic is doubling down on spine surgery. The company's new product launch follows on the heels of its $1.64 billion acquisition of Mazor Robotics, a big move into the robotic-assisted surgery sector that was announced last week. Mazor's technologies allow surgeons to plan procedures in 3D modeling software and then perform them with the aid of robotic arms.

01-Nov-2019: Stryker announced today the U.S. Food and Drug Administration (FDA) 510(k) clearance of its SAHARA Lateral 3D Expandable Interbody System featuring Lamellar 3D Titanium Technology, which will be on display at the Society for Minimally Invasive Spine Surgery (SMISS) Annual Forum this week in Las Vegas, NV. SAHARA Lateral is the first ever 3D-printed lateral expandable fusion device and features passive expansion capabilities that are designed to allow surgeons to achieve up to 30 degrees of sagittal spinal correction in skeletally mature patients. Utilizing a passive expansion mechanism, the implant can either be adjusted from a lateral approach intraoperatively or can adjust passively in a staged posterior approach following osteotomy.

Scope of the Report

-Spinal Fusion Market Size, Share & Forecast
-Segmental Analysis Standalone and Chained
- Chained/Organized Spinal Fusion Sizing, Growth, Forecast
-Market Entry Strategies for Domestic/Foreign Players
-Policy & Regulatory Landscape
-Changing Market Trends & Emerging Opportunities
-Competitive Landscape & Strategic Recommendations

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

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What are the market factors that are explained in the report?

Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

Analytical Tools: The Global Spinal Fusion Market Report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter's five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

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