Press release
Spinal Fusion Devices Market Detailed Study Mentioning Positive Growth | Players – Medtronic PLC, Globus Medical, Inc., NuVasive, Inc., Stryker Corporation, etc
The increasing aging population and their growing need for spine care are driving the demand of the market.The global Spinal Fusion Devices Market will be worth USD 8.90 Billion by 2027, according to a current analysis by Emergen Research. The growth of this market can be attributed to the increasing condition of spine degeneration among the aging population as people over the age of 65 are more likely to experience symptomatic spinal conditions as a result of natural degeneration. The emergence of better healthcare technology in the emerging economies due to the increasing healthcare budgetary allocation is expected to drive the growth of the spinal fusion devices market over the forecast period.
The Global Spinal Fusion Devices Market report assesses the historical and current data along with a thorough analysis of the market dynamics. The report also sheds light on the significant market growth driving and restraining factors that are anticipated to influence the market growth through the forecast period.
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Minimally Invasive Spine Surgery is forecasted to grow with the fastest CAGR of 4.0% over the forecast period. The risks associated with open surgeries are contributing to the growing adoption of the Minimally Invasive Spine Surgery by Healthcare professionals.
Competitive landscape benchmarking with a focus on business profiles, product portfolio, business strategies such as M&A activities, revenue, market positions, market share, global position, and financial standing
Key participants include Braun Melsungen, Alphatec Holdings, Inc., Exactech, Inc., DePuy Synthes Companies (Johnson & Johnson Services, Inc.), Medtronic PLC, Globus Medical, Inc., NuVasive, Inc., Stryker Corporation, Orthofix International N.V., and Zimmer Biomet Holdings, Inc., among others.
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It offers a lucid picture of current trends in the global market, with an unbiased perspective of the leading market players, key regions/countries, end-use industries, and various product types.
Product Outlook (Revenue, USD Billion; 2017-2027)
Cervical Fixation Devices
Thoracolumbar Devices
Interbody Fusion Devices
Biologics
Surgery Outlook (Revenue, USD Billion; 2017-2027)
Minimally Invasive Spine Surgery
Open Spine Surgery
End User Outlook (Revenue, USD Billion; 2017-2027)
Specialty Clinics
Hospitals & Ambulatory Surgery Centers
Others
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Spinal Fusion Devices Market Region:
The report mainly focuses on the key market regions where the market is spread, including North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The report further focuses on the key segments of the market, such as product types, application spectrum, technology, end-user industries, among others.
The report considers the following timeline for market estimation:
Historical Years: 2017-2018
Base Year: 2019
Estimated Year: 2027
Forecast Years: 2020-2027
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Key questions addressed in the report:
What are the key factors driving the global Spinal Fusion Devices market?
Who are the key manufacturers in this market space?
Who are the distributors, traders and dealers of this market?
What are the market opportunities and risks affecting the performance of the vendors in the global Spinal Fusion Devices market?
What are the sales and revenue estimations for the top manufacturers in this market over the projected timeline?
Read more: https://www.emergenresearch.com/industry-report/spinal-fusion-devices-market
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Emergen Research | Web: www.emergenresearch.com
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At Emergen Research, we believe in advancing with technology. We are a growing market research and strategy consulting company with an exhaustive knowledge base of cutting-edge and potentially market-disrupting technologies that are predicted to become more prevalent in the coming decade.
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