Spinal Surgery Devices Market 2020 Analysis by Global Manufacturers – Medtronic, Zimmer Bionet, Stryker, DePuy Synthes, NuVasive, Globus Medical, Orthofix International, K2M Medical

The Global Spinal Surgery Devices Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Global Spinal Surgical Devices market is set to surpass US$ 12.5 Billion by 2025.

Market growth can be attributed to factors such as increasing preference for Minimally Invasive Spinal Surgery (MISS) procedures, increasing geriatric and obese population with increasing number of spine deformities and technological advancements in spine surgery devices are the key factors fuelling the growth of the spinal surgical devices market.

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Top Leading Companies of Global Spinal Surgery Devices Market are Medtronic, Zimmer Bionet, Stryker, DePuy Synthes, NuVasive, Globus Medical, Orthofix International, K2M Medical, SeaSpine, Alphatec Holdings and others.

Spinal Surgical Devices Market: Country-wise Outlook

United States is expected to lead the spinal surgical devices market with a total market share of over 50% by 2025. Japan has shown its potential to become leading #2 market with more than XX% market share in 2017 and is expected to maintain its #2 position during the forecast period. China is expected to become the third largest spinal surgical devices market by 2025.

Spinal Surgical Devices Market: Key Players Outlook

DePuy Synthes dominates the global spinal surgical devices market. Medtronic captured second highest share of the global spinal surgical devices market in 2017 and is expected to maintain its position till the forecast period. Nuvasive and Zimmer Bionet is competing closely with each other to grab maximum share of the global spinal surgical devices market.

Ten Major Markets(10MM) Covered in the Report are as follows: United States, United Kingdom, France, Italy, Spain, Germany, Japan, China, India, Brazil

July 15, 2020: Medtronic to buy out Medicrea, seeking spinal surgery boost

Medtronic announced Wednesday it intends to acquire French spinal surgery technology company Medicrea through an all-cash tender offer. The deal is expected to close by the end of this calendar year and Medtronic expects the deal to boost earnings come fiscal year 2023. Medtronic believes the addition of Medicrea's AI-driven surgical planning tools and 3D-printed personalized spinal implants will bolster its position in spine surgery, which it's grown since integrating Mazor Robotics over the last year and a half.

It's Medtronic's first publicly announced acquisition since the COVID-19 pandemic took hold. Although Medtronic is facing a drop in sales due to deferred elective procedures in recent months, CEO Geoff Martha has indicated the company won't abandon its intent to do more tuck-in deals and will look to be opportunistic while asset prices are down.

August 16, 2019 -- Zimmer Biomet Holdings Inc. announced it has received FDA approval for The Tether, the first spinal tether device intended for use in children and adolescents to correct idiopathic scoliosis that has not responded to conservative treatment.

“For children and adolescent patients with idiopathic scoliosis that does not respond favorably to bracing, treatment options have been limited to fusion surgeries,” Capt. Raquel Peat, PhD, director of the Office of Orthopedic Devices in the FDA’s Center for Devices and Radiological Health, said in a press release. “Today’s approval provides access to a new treatment option that could improve quality of life for patients with idiopathic scoliosis.”

Available through the FDA’s humanitarian device exemption pathway, The Tether is an anterior vertebral body tethering solution that uses a strong, flexible cord instead of metal rods to pull on the outside of a scoliosis curve to initially straighten the spine while the inside of the curve is left free to grow, according to a company press release.

Clinical data presented to the FDA from 57 patients who received The Tether showed sufficient improvement of the curvature of the spine in 43 patients at 2 years. Overcorrection of the curvature, tether breakage and pneumothorax were reported as the most common serious adverse events, according to results, while pain, respiratory problems, nerve injuries and bleeding were reported as general complications consistent with any spinal surgical procedure.

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Following are major Table of Content of Global Spinal Surgery Devices Industry:

• Global Spinal Surgery Devices Market Sales Overview.
• Global Spinal Surgery Devices Market Sales Competition by Manufacturers.
• Global Spinal Surgery Devices Market Sales Analysis by Region.
• Global Spinal Surgery Devices Market Sales Analysis by Type.
• Global Spinal Surgery Devices Market Analysis by Application.
• Global Spinal Surgery Devices Market -Manufacturers Analysis.

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