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U.S. Spinal Implants Market Application,Trends, Demand, Growth, Challenges and Competitive Outlook

01-27-2023 12:46 PM CET | Health & Medicine

Press release from: Data Bridge Market Research

/ PR Agency: DBMR
U.S. spinal implants market is expected to reach USD 4,046.30 million by 2028, from USD 2,663.90 million in 2020, growing at the CAGR of 5.1% in the forecast period of 2021 to 2028. U.S. spinal implants market is expected to grow due to the progress in the demand for spinal implants in healthcare facilities, due to the rising incidence of scoliosis, kyphosis, degenerative spinal disorder, degenerative disc diseases and geriatric population in the U.S.

Download the PDF Sample Report (Including FULL TOC, Graphs, and Tables) of this report @ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=us-spinal-implants-market

Spinal implants are devices that surgeons utilize during surgery to manage disorders related to the spine and mitigate back pain and strengthen the spine. These implants are made of bio-compatible and body-friendly materials widely used in treating spinal injuries such as Degenerative Disc Diseases, Degenerative Spinal Disorders, scoliosis, kyphosis, and others. Minimally invasive surgeries are done using spinal implants for the treatment of spinal injuries and lumbar spinal stenosis. The increased risk of spinal disorders are seen in the geriatric population due to their poor tolerance of immobilization, poor nutritional status and bone quality. This affirmative factor acts as a driver for the growth of the spinal implants market in the region. Spinal implants can be of four types, fusion devices, non-fusion devices, spine biologics, and spine bone stimulators. They are made up of various materials like metals, ceramic, polymers, and biomaterials.

The spinal implants market report provides details of market share, new developments, and product pipeline analysis, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the market scenario contact us for an Analyst Brief, our team will help you create a revenue impact solution to achieve your desired goal.

View Detailed Report@ https://www.databridgemarketresearch.com/reports/us-spinal-implants-market

U.S. Spinal Implants Market Scope and Market Size

U.S. spinal implants market is categorized into six notable segments based on product, materials, technology, surgery type, end user and distribution channel. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.

On the basis of product, the spinal implants market is segmented into fusion devices, non-fusion devices, spine biologics, spine bone stimulators and others. In 2021, the fusion devices segment is expected to dominate the market due to escalation in the geriatric populace leading to increased incidence of degenerative spinal disorders, degenerative disc diseases, and other spinal disorders.

On the basis of material, the spinal implants market is segmented into metals, ceramic, biomaterial, polymers and others. In 2021, the metals segment is expected to dominate the market due to the cost-effectiveness and wide applications of these materials.

On the basis of technology, the spinal implants market is segmented into fusion, spine biologics, VCF, decompression, motion preservation and others. In 2021, the fusion segment is expected to dominate the market due to the rise in incidences of target diseases such as degenerative disc disease and spinal stenosis and due to lesser complications.

On the basis of surgery type, the spinal implants market is segmented into open surgeries and minimally invasive surgeries. In 2021, the open surgeries segment is expected to dominate the market due to the rising incidence of spinal deformities, surging preference for open spine surgeries among medical professionals, and the technological advancements in spinal fusion surgeries.

On the basis of end user, the spinal implants market is segmented into hospitals, specialty clinics, spine centers, trauma centers, ambulatory surgical centers (ASCS), and others. In 2021, the hospital segment is expected to dominate the market by end user because hospitals are the primary procurement of services in an accident or injury requiring any spine surgeons.

On the basis of distribution channel, the implants market is segmented into direct tender and retail sales. In 2021, the direct tender segment is expected to dominate the market as it provides quality and accessible spinal implant products to various hospitals, spine and trauma centers.

Some of the major players operating in the U.S. spinal implants market are Medtronic, Canwell Medical Co., Ltd., NuVasive, Inc., SeaSpine, Globus Medical, RTI Surgical, MW Industries, Inc. (MWI), Captiva Spine, Inc., XTANT MEDICAL, SINTX Technologies, Inc, Orthofix Medical, Inc., Alphatec Holdings, Inc., Wenzel Spine, Inc., Johnson & Johnson Services, Inc., Tecomet, Inc., Stryker, and Zimmer Biomet, Axial Medical, NORMAN NOBLE, INC., and Spine Wave among others. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

The complete Report is available (Including the full TOC, Tables, and Figures, Graphs as well as Chart) @ https://www.databridgemarketresearch.com/toc/?dbmr=us-spinal-implants-market

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