Spinal Implants Market : Study on Key Players | Medtronic PLC, DePuy Synthes (Johnson & Johnson), Stryker Corp., NuVasive Inc., B.Braun Melsungen AG, Zimmer Biomet, Globus Medical Inc., Orthofix Medical Inc., Aesculap Inc., Spinal Elements Inc.

The global spinal implant market is estimated to grow at a moderate growth rate of around 5% during the period of 2019-2028. Spinal implants are devices used to treat various spinal disorders and deformities, stabilize and strengthen the spine, and facilitate fusion. The market growth is attributed to the advancements in spine surgery technologies, a surge in the prevalence of spinal disorders, increasing adoption of minimally invasive spine surgeries, and innovation of advanced bone grafting products. Key players in the industry have continuously been involved in the process of R&D and have recognized the benefits of biocompatible materials in the manufacturing of implants and surgical devices.

Market Segmentation

The global spinal implant market has been analyzed on the basis of product type, application, material, surgery type, and region. Based on product type, the market is segmented into spinal fusion implants and spinal non-fusion implants. Among these, spinal fusion implants segment is estimated to hold a prominent share in the market. Based on application, the market is segmented into cervical, thoracic, and lumbar. Thoracic fusion is estimated to hold a prominent share in the market.

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Based on material, the market is segmented into Stainless Steel, Titanium, (PEEK), and Others. Among these, PEEK is estimated to grow at a significant rate during the forecast period. Based on surgery type, the market is bifurcated into open spine surgery and minimally invasive spine surgery. Among these, minimally invasive spine surgery is estimated to grow at a remarkable growth rate during the forecast period. Geographically, the market is analyzed into North America, Western Europe, Eastern Europe, Asia Pacific, Latin America, and Middle East & Africa.

Market Structure and Competition Landscape

Some of the prominent players that contribute significantly to the market include Medtronic PLC, DePuy Synthes (Johnson & Johnson), Stryker Corp., NuVasive Inc., B.Braun Melsungen AG, Zimmer Biomet, Globus Medical Inc., Orthofix Medical Inc., Aesculap Inc., Spinal Elements Inc., Surgalign Spine Technologies Inc., ATEC Spine Inc., SeaSpine Orthopedics Corp., Spineart SA, Implanet, Meditech Spine LLC, and others. These players adopt various strategies in order to reinforce their market share and gain a competitive edge over other competitors in the market. Mergers & acquisitions, partnerships and collaborations, and product launches are some of the strategies followed by industry players. Some of the key developments in the global spinal implant market include:

In November 2021, Globus Medical Inc. approached NuVasive Inc., a US manufacturer of spine surgery equipment with an acquisition offer.

In March 2021, Implanet, a medical technology company specializing in knee-surgery implants, acquired Orthopaedic & Spine Development (OSD).

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Table of Content

Chapter One: Market Introduction
1.1. Scope of Study
1.2. Problem Statement
1.3. Market Segmentation

Chapter Two: Assumptions and Acronyms

Chapter Three: Executive Summary
3.1. Global Market in2022
3.2. Analyst Insights & Recommendations
3.3. Growth Opportunities and Key Strategies
3.4. Supply-side and Demand-side Trends

Chapter Four: Research Methodology

Chapter Five: Analysis of COVID-19 Impact and Road Ahead

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Chapter Six: Market Indicators and Background
6.1. Macro-Economic Factors
6.2. Forecasting Factors
Robust assessment of various factors including industrial performance, industry players expenditures, economic conditions, among others
6.3. Supply Chain & Value Chain Analysis
6.4. Industry SWOT Analysis
6.5. PESTLE Analysis
6.6. Porter's Five Forces Analysis

Chapter Seven: Government Laws & Regulations

Chapter Eight: Global and Regional Market Dynamics
8.1. Drivers
8.2. Restraints
8.3. Opportunities

Chapter Nine: Global Spinal Implant Market: Key Market Trends

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