Press release
Global Spinal Non Fusion Devices market to Witness Steady Growth at +7% CAGR during forecast 2020-2028 | Key Players Medtronic, Depuy Spine, Synthes Holding AG, Stryker Corporation, NuVasive, Globus Medical, LDR Holding Corporation
Global Spinal Non Fusion Devices market is growing at a CAGR of +7% during the forecast period 2020-2028.The Spinal Non Fusion Devices are segmented into artificial disc replacement, dynamic stabilization devices, annulus repair devices, nuclear disc prostheses, and others. Spinal implants can be referred to as orthopedic devices for treating the spinal deformities, strength, and stability. The overall spinal devices are further segmented into spinal and non-fusion devices.
Report Consultant is one of the leading organizations, specializing in conducting high-end research by understanding the market strategies, key players, major trends, and several other aspects of the industry. The recently developed report on Global Spinal Non Fusion Devices market focuses on the business developments, collaborative strategies, and answers all questions related to the key affiliations.
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Key Players of Spinal Non Fusion Devices market:-
Medtronic, Inc., Depuy Spine, Inc., Synthes Holding AG, Stryker Corporation, NuVasive, Inc., Globus Medical, Inc., LDR Holding Corporation, Disc Motion Technologies, Inc. and Zimmer Holdings, Inc.
Global Spinal Non Fusion Devices market is driven by an aging population, an increase in the number of obesity patients, and a rise in the demand for minimally invasive surgical procedures.
Global Spinal Non Fusion Devices Market is segmented By Product Type, By End User, and Geography analysis.
Type Products:-
o Artificial Discs Replacement
o Dynamic Stabilization Devices
o Annulus Repair Devices
o Nuclear Disc Prostheses
o Other
End-Users:-
o Hospitals
o Orthopedic Centers
o Other
The growing demand for Spinal Non Fusion Devices, technological advancements, and rising innovation are expected to increase the overall competition among the market players. Hence, these market players are adopting strategies, such as mergers and acquisitions and product innovations to sustain the growing competition.
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Spinal Non Fusion Devices Geography:-
o North America
o Europe
o Asia Pacific
o Latin America
o Middle East & Africa
North America contributes the largest Spinal Non Fusion Devices market share as the degenerative disc disease affects almost 50% of the U.S. population above age 40 years. In addition, the increasing prevalence of obesity in North American region also drives the growth of this market. Europe is the second-largest market as compared to other geographies because European regulations governing the sale of medical devices are growing more stringent, which is reflecting in the introduction of more safe and efficient devices and ultimately assisting the market growth. Asia-Pacific represents the fastest growth due to the high population, development of facilities, and customer awareness about new technologies followed by the Rest of the World. Rest of the World is estimated to show a significant growth because of increasing healthcare awareness and availability of facilities.
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Global Spinal Non Fusion Devices market Table of Content (TOC):
1. Chapter1 - Introduction
2. Chapter2 - Research Scope
3. Chapter3 - Global Spinal Non Fusion Devices market Segmentation
4. Chapter4 - Research Methodology
5. Chapter5 - Definitions and Assumptions
6. Chapter6 - Executive Summary
7. Chapter7 - Market Dynamics
8. Chapter8 - Global Spinal Non Fusion Devices market Key Players
9. Chapter9 - Market during the forecast period 2020-2028
10. Chapter10 - Conclusion
11. Chapter11 - Appendix
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