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Interbody Spine Implants Market To Grow Fastest in the Asia-Pacific

05-01-2023 07:12 AM CET | Health & Medicine

Press release from: P&S Intelligence

Interbody Spine Implants Market To Grow Fastest in

The interbody spine implants market size was USD 1,904.8 million in 2021, and it will reach USD 2,471.8 million by 2030, powering at a rate of 2.9% during 2021-2030.

The lumbar surgery products had a major share, of over 60%. This is because of the high population suffering from lower back pain, which can be decompressed and steadied by surgeons through cutting-edge technologies and lumbar surgery instruments.

Browse full report at: https://www.psmarketresearch.com/market-analysis/interbody-spine-implants-market

Furthermore, the U.S. dominates the lumbar surgery implants, because of the highly advanced healthcare infra and the increased acceptance of minimally invasive surgeries in the nation.

The metal-based category will dominate the industry, with more than 45% share by 2030, and will have the highest rate in the years to come.

North America is the leader of the pack, mostly because of the comparatively higher use of spine implants than the other regions and the high count of spinal fusion and non-fusion surgical procedures.

APAC will grow the fastest at a rate of over 3%, in the years to come. China, Japan, South Korea, India, and Australia contribute majorly due to the regional industry. This is mainly because of the attendance of a relatively hefty population of patients, increase in consciousness of spinal ailments and options of treatment, enhancements in healthcare infra, and increase in healthcare expenditure.

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Also, the increasing ageing population with a high risk of spinal ailments and the growing acceptance of numerous spine surgical procedures will also power the demand for interbody spine implants in the region.

The increasing demand of interbody spine implants has a lot to do with the rising acceptance of MIS surgeries, around the world and increase in the requirement of spinal fusion devices.

Browse more reports:

Dental Implants and Prostheses Market - https://www.psmarketresearch.com/press-release/dental-implant-and-prosthetic-market

Small Joint Reconstructive Implants Market - https://www.psmarketresearch.com/press-release/small-joint-reconstructive-implants-market

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About P&S Intelligence

P&S Intelligence provides market research and consulting services to a vast array of industries across the world. As an enterprising research and consulting company, P&S believes in providing thorough insights on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness. P&S keeps the interest of its clients at heart, which is why the insights we provide are both honest and accurate. Our long list of satisfied clients includes entry-level firms as well as multi-million-dollar businesses and government agencies.

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