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Spine Implants Market Size In 2022: Revenue Forecast, Business Share And Industry Growth, Top Prominent Players, Regional Overview, Demand Status, And Forecast 2031
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According to The Business Research Company's spine implants market report, the global spine implants market size reached a value of nearly $10,486.4 million in 2021, having increased at a compound annual growth rate (CAGR) of 2.3% since 2016. The global spine implants market size is expected to grow from $10,486.4 million in 2021 to $13,111.2 million in 2026 at a rate of 4.6%. The global spine implants market size is then expected to grow at a CAGR of 4.9% from 2026 and reach $16,673.4 million in 2031.
The advancements in spine surgery technologies will support the growth in manufacturing the medical devices of spine implants market. Cervical artificial disc replacement, spinal fusion, minimally invasive sacroiliac (SI) joint fusion and vertebral augmentation are major recent advancements in spinal surgery that use the latest technologies. The spinal surgery will focus on developing less invasive approaches, preserving motion in the spinal segment, enhancing spinal fusion between adjacent segments, reducing postoperative pain and speeding recovery.
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The spine implants market is segmented -
• By Product: Spinal Fusion Devices, Non-Fusion Devices/Motion Preservation Devices, Vertebral Compression Fracture (VCF) Treatment Devices, Spinal Bone Stimulators And Spine Biologics.
• By Procedure: Open Surgery, Minimally Invasive Surgery (MIS), By Material (Metallic, Polymeric, Ceramic
• By End User: Hospitals, Specialty Orthopedic And Spine Centers, Ambulatory Surgical Centers
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the spine implants market.
Major competitors in the spine implants market include Medtronic plc, Johnson & Johnson, Stryker Corporation, NuVasive, Inc, Zimmer Biomet Holdings, Inc.
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The spine implants market consists of sales of inserts (implants) and related products used in spinal surgery. Spinal implants are orthopedic devices used in orthopedic surgery to treat spinal problems and correct any spinal deformity, stabilize and strengthen the spine and facilitate fusion of bones in a range of disorders such as degenerative disc disease, kyphosis, scoliosis, spondylolisthesis, spinal stenosis and fracture. They are designed to provide strength and stabilization to the spine.
The Table Of Content For The Spine Implants Market Include:
1. Spine Implants Market Executive Summary
2. Table of Contents
3. List of Figures
4. List of Tables
5. Report Structure
……
22. Spine Implants Market Opportunities And Strategies
23. Spine Implants Market, Conclusions And Recommendations
24. Appendix
The Business Research Company's "Global Spine Implants Opportunities And Strategies Market Report - Forecast To 2030" is the most comprehensive report available in market, providing data and statistics from over 60 geographies analyzed in more than 2500 market segments. 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. Additionally, it evaluates the market's historic and projected growth and identifies significant trends and strategies that can be used to outperform the competitors in the sector.
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