Press release
Spine Implants Market 2020 – Industry Developments, Outlook, Current Trends By 2023
The Business Research Company offers "Spine Implants Market Global Report 2020-30: Covid 19 Growth And Change" in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market’s historic and forecast growth, and highlights important trend s and strategies that players in the market can adopt.The global spine implants market is expected to decline from $12.44 billion in 2019 to $11.83 billion in 2020 at a compound annual growth rate (CAGR) of -4.92%. The outbreak decreased the demand for spine implants as the treatments for spinal problems were on hold to serve the COVID patients, impacting the market negatively. The market is then expected to recover and reach $13.81 billion in 2023 at a CAGR of 5.31%.
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The market for spine implants consists of sales of inserts used in the spinal surgery. Spine implants are the devices used to correct the deformity in the spine, stabilize and strengthen the spine and facilitate fusion of bones in different disorders such as degenerative disc disease, kyphosis, scoliosis, spondylolisthesis, spinal stenosis and fracture.
The rising incidences of spinal disorders coupled with the usage of the minimally invasive surgical procedures are contributing to the growth of the global spinal implants market. According to an article published in 2018 in Global Spine Journal, the annual world’s population having spinal disorders includes 3.63% lumbar degenerative spine disease (DSD) and low back pain (LBP) collectively, 0.53% spondylolisthesis, 5.5% symptomatic disc degeneration and 1.41% spinal stenosis.
Spine Implants Market Segmentation:
By Product Type
1. Spinal Fusion Devices,
2. Non-Fusion Devices/Motion Preservation Devices,
3. Vertebral Compression Fracture (VCF) Treatment Devices,
4. Spinal Bone Stimulators,
5. Spine Biologics
By End Use
1. Hospitals,
2. Specialty Orthopedic And Spine Centers,
3. Ambulatory Surgical Centers.
Browse Complete Report @ https://www.thebusinessresearchcompany.com/report/spine-implants-market-global-report-2020-30-covid-19-growth-and-change
Few Points From Table Of Content
1. Executive Summary
2. Spine Implants Market Characteristics
3. Spine Implants Market Size And Growth
4. Spine Implants Market Segmentation
5. Spine Implants Market Regional And Country Analysis
……
25. Spine Implants Market Competitive Landscape And Company Profiles
26. Key Mergers And Acquisitions In The Spine Implants Market
27. Spine Implants Market Trends And Strategies
28. Spine Implants Market Future Outlook and Potential Analysis
29. Appendix
The report covers the trends and market dynamics of the spine implants market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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Some of the key players involved in the spine implants market are Medtronic, Depuy Synthes, Johnson & Johnson, Stryker Corporation, NuVasive, Inc., Zimmer Biomet Holdings, Globus Medical, Alphatec Holdings, Orthofix International, RTI Surgical, Amedica Corporation, Exactech Inc, Integra LifeSciences, Biorthex, Captiva Spine, Camber Spine, Corentec, CTL Amedica, CoreLink Surgical, FH Orthopedics, iSpine, LfC.
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The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets after WHO declared COVID-19 as a pandemic.
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