Spinal Non-fusion Devices Market 2020 Competitive Insights - Medtronic PLC, Stryker Corporation, Zimmer Holdings Inc., B Braun Melsungen

The report elaborates the complete details covering product definition, product type, and application. The report covers useful details which are categorized based on Spinal Non-fusion Devices production region, major players, and product type which will provide a simplified view of the Spinal Non-fusion Devices industry. The Spinal Non-fusion Devices market report presents the competitive scenario of the major market players based on the sales revenue, customer demands, company profile, the business tactics used in Spinal Non-fusion Devices market which will help the emerging market segments in making vital business decisions.

Spinal Non-fusion Devices Market Segmentation:  

This report on Global Spinal Non-fusion Devices market is a detailed research study that helps provides answers and pertinent questions with respect to the emerging trends and growth opportunities in this industry. It helps identify each of the prominent barriers to growth, apart from identifying the trends within various application segments of the Global market for Spinal Non-fusion Devices. Collecting historical and recent data from various authentic resources and depending on all the factors and trends, the report presents a figurative estimate of the future market condition, along with compound annual growth rate (CAGR).

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Global Spinal Non-fusion Devices market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including Medtronic PLC, Stryker Corporation, Zimmer Holdings Inc., B Braun Melsungen, and Johnson & Johnson, amongst others.

Dynamic Stabilization Devices Segment Captured the Largest Market Share

- The dynamic stabilization devices segment captured the largest market share in the market studied. These devices consist of pedicle screw-based systems, interspinous process spacers, and facet replacement products.
- The dominance of the segment can be attributed to the use of rigid spinal implants for fusion technologies. Additionally, the rising burden of spinal degenerative disorders plays a significant role in the segment's growth.
- Moreover, the technological advancements leading to change in the therapeutic procedures, such as biochemical improvements and adoption of BioFlex systems, are expected to propel the segment's growth.
- Lumbar disc herniation may lead to lower back pain and radicular leg pain. According to the Scoliosis and Spinal Disorders' journal in 2017, around 60% to 85% of the population experienced lower back pain.

North America Dominated the Market Studied

- North America holds the largest share of the market, owing to the significant growth factors, including increasing incidences of degenerative disc diseases, rising prevalence of geriatric population, rising government initiatives, and increased government product regulations with companies and hospitals.
- Recently, in 2020, Orthopediatrics Corporation acquired ApiFix Ltd, to include its FDA-approved non-fusion scoliosis technology.
- Europe also holds the second-largest market, as regulations governing the medical device sales are growing more stringent. Asia-Pacific, on the other hand, is expected to exhibit the fastest growth rate, over the forecast period.

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This independent 112 pages report guarantees you will remain better informed than your competition. With over 80 tables and figures examining the Spinal Non-fusion Devices market, the report gives you a visual, one-stop breakdown of the leading products, submarkets and market leader’s market revenue forecasts as well as analysis to 2025.

Key Takeaways from this Report

Impact of low unit costs, diversified product ranges and intense competition on the market
Analyzing various perspectives of the market with the help of Porter’s five forces analysis
Regional analysis of the market
Identifying the latest developments, market shares, and strategies employed by the major market players
3-month analyst support, along with the Market Estimate sheet (in Excel)           

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