Steady Growth Ahead: Global Spine Surgery Market Anticipated to Maintain 3.8% CAGR from 2019 to 2028

In a recently released analysis titled "Spine Surgery Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028," Exactitude Consultancy, a reputable market research firm, provided data. The report offers a thorough overview of the market, including data on market size, trends, and growth projections for the global Spine Surgery market. The study highlights the most recent developments in the industry and provides competitor and geographical analysis.

How big is the Spine Surgery market?

The Global Spine Surgery market is expected to grow at 3.8% CAGR from 2019 to 2028. It is expected to reach above USD 52.5 billion by 2028 from USD 38.5 billion in 2019.

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**Note - Updated Version 2023 is available

Market Overview

The entire anatomy is exposed during traditional open spine surgery. In minimally invasive spine surgery, less of the anatomy is surgically exposed, which frequently results in an earlier recovery in the weeks immediately after surgery. In minimally invasive spine surgery, we frequently employ extra surgical tools including intraoperative spinal navigation. The surgeon has better visibility into exposed surgical sites because to this.  

Long-term objectives for both minimally invasive and conventional treatments are the same; we want to achieve a general improvement in symptoms or a halt to degeneration. Our approaches should ultimately lead to less blood loss, shorter hospital stays, decreased infection rates, and a quicker recovery in the weeks following surgery.

What this report provides?
Market size (historical and forecast), market growth, technological trends, market share, market dynamics, competitive landscape and key players
Development trends, competitive landscape analysis, supply side analysis, demand side analysis, year-over-year growth, competitive benchmarking, vendor identification, CMI quadrant, and other significant analysis, as well as development status.
Recent market trends and its potential for future growth
regional reports that can be customised upon request
Who are the major players in this industry?

Aesculap, Inc., DePuy Synthes, Medtronic, Stryker, Zimmer-Biomet, Abbott Laboratories, Globus Medical Inc., NuVasive, OrthofixInternationalN.V., and RTI Surgicals, and others.

Recent Developments

20 October 2022 DePuy Synthes Receives FDA Clearance for TELIGEN™ System

October 20, 2022 - Johnson & Johnson MedTech* announced that DePuy Synthes, The Orthopaedics Company of Johnson & Johnson**, has secured 510(k) clearance from the U.S. Food and Drug Administration (FDA) for its TELIGEN™ System, an integrated technology platform that enables minimally invasive surgical transforaminal lumbar interbody fusion (MIS-TLIF) procedures through digital tools for visualization and access. The TELIGEN™ System is comprised of a tower that delivers a suite of technologies, including: a camera control system, a VueLIF-T™ Procedure Kit with a disposable HD camera, a TELIGEN™ Clear Discectomy Device and patient-based disposable ports. The TELIGEN™ System integrates with the UNLEASH™ bundle of implant solutions, which is designed to streamline the main stages in MIS-TLIF.

JUL 14, 2022 Medtronic receives FDA clearance for next-generation UNiD™ Spine Analyzer with degenerative spine surgery predictive model

Medtronic plc a global leader in healthcare technology, today announced it has received U.S. Food and Drug Administration (FDA) 510(k) clearance for its UNiD™ Spine Analyzer v4.0 planning platform, which includes a new Degen Algorithm for degenerative spine procedures. The algorithm leverages machine learning to help surgeons plan and personalize procedures for patients undergoing lower lumbar spine surgery and predicts spinal compensation mechanisms six months after the operation.

What exactly does market segmentation cover?

Spine Surgery Market By Type, 2019-2028, (In USD Million)

Open Spine Surgery
Minimally Invasive Spine Surgery

Spine Surgery Market By Application, 2019-2028, (In USD Million)

Spinal Fusion Implants
Motion Preservation Devices
Interspinous Process Spacers
Spine Bone Stimulators
Spine Biologics
Bone Graft Substitutes
Cell-Based Matrix

Spine Surgery Market By Region, 2019-2028, (In USD Million)

North America
Europe
Asia Pacific
South America
Middle East and Africa

Important Countries In All Regions Are Covered.

Regional Analysis of the Spine Surgery Market

On the basis of an increase in road-related accident occurrences and an increase in the incidence of obesity in the region, the Asia-Pacific region is predicted to have significant market expansion in the future, with the highest CAGR. Additionally, it is predicted that an increase in the demand for spinal surgery items will result from Asian nations using more advanced surgical devices. Additionally, it is anticipated that the North American market will account for the largest share throughout the projection period. This is largely due to the region's presence of top healthcare service providers and rising industry participants' investments in the development of cutting-edge surgical goods.

Europe (Germany, France, the United Kingdom, Russia, Italy)

Southeast Asia, China, Japan, South Korea, and Asia-Pacific

Brazil, Argentina, Colombia, etc. are all in South America.

Americas (US, Canada, and Mexico)

Middle East and Africa (Saudi Arabia, United Arab Emirates, Egypt, Nigeria, and South Africa)

Table of Content:

1 Study Reporting
1.1 Spine Surgery Product
1.2 Key Segments in This Study
1.3 Key Companies Covered
1.4 Market by Type
1.4.1 Global Spine Surgery Market Size Growth Rate by Type
1.5 Market by Application

2 Executive Instantaneous
2.1 Global Spine Surgery Market Size
2.1.1 Global Spine Surgery Revenue
2.1.2 Global Spine Surgery Production
2.2 Spine Surgery Growth Rate (CAGR)
2.3 Analysis of Competitive Landscape
2.3.1 Manufacturers Market Concentration Ratio
2.3.2 Key Spine Surgery Manufacturers
2.3.2.1 Spine Surgery Manufacturing Base Distribution, Headquarters
2.3.2.2 Manufacturers Spine Surgery Product Offered
2.3.2.3 Date of Manufacturers Enter into Spine Surgery Market
2.4 Key Trends for Spine Surgery Markets & Products

3 Market Size by Manufacturers
3.1 Spine Surgery Production by Manufacturers
3.2 Mergers & Acquisitions, Expansion Plans

4 Spine Surgery Production by Regions

4.1 Global Spine Surgery Production by Regions
4.1.1 Global Spine Surgery Production Market Share by Regions
4.1.2 Global Spine Surgery Revenue Market Share by Regions
4.2 United States
4.2.1 United States Spine Surgery Production
4.2.2 United States Spine Surgery Revenue
4.2.3 Key Players in United States
4.2.4 United States Spine Surgery Import & Export
4.3 Europe
4.3.1 Europe Spine Surgery Production
4.3.2 Europe Spine Surgery Revenue

5 Spine Surgery Consumption by Regions

5.1 Global Spine Surgery Consumption by Regions
5.1.1 Consumption by Regions
5.1.2 Consumption Market Share by Regions
5.2 North America
5.2.1 North America Consumption by Application
5.2.2 North America Consumption by Countries
5.2.3 United States
5.2.4 Canada
5.2.5 Mexico
5.3 Europe
5.3.1 Europe Consumption by Application
5.3.2 Europe Consumption by Countries
5.3.3 Germany
5.3.4 France
5.3.5 UK
5.3.6 Italy
5.3.7 Russia
5.4 Asia Pacific
5.4.1 Asia Pacific Consumption by Application
5.4.2 Asia Pacific Consumption by Countries
5.5.1 Central & South America) Consumption by Application
5.5.2 Central & South America Consumption by Country

6 Market Size by Type
6.1 Production by Type
6.2 Revenue by Type
6.3 Price by Type

7 Market Size by Application
7.1 Overview
7.2 Global Spine Surgery Breakdown Dada by Application
7.2.1 Global Spine Surgery Consumption by Application
7.2.2 Global Spine Surgery Consumption Market Share by Application

8 Manufacturers Profiles
9 Production Forecasts
9.1 Spine Surgery Production and Revenue Forecast
9.1.1 Global Spine Surgery Production Forecast
9.1.2 Global Spine Surgery Revenue Forecast
9.2 Spine Surgery Production and Revenue Forecast by Regions
9.2.1 Global Spine Surgery Revenue Forecast by Regions
9.2.2 Global Spine Surgery Production Forecast by Regions
9.3 Spine Surgery Key Producers Forecast
9.3.1 United States
9.3.2 Europe
9.3.3 China
9.3.4 Japan
9.4 Forecast by Type
9.4.1 Global Spine Surgery Production Forecast by Type
9.4.2 Global Spine Surgery Revenue Forecast by Type

10 Consumption Forecast
10.1 Spine Surgery Consumption Forecast by Application
10.2 Spine Surgery Consumption Forecast by Regions
10.3 North America Market Consumption Forecast
10.3.1 North America Spine Surgery Consumption Forecast by Regions
10.3.2 United States
10.3.3 Canada
10.3.4 Mexico
10.4 Europe Market Consumption Forecast
10.4.1 Europe Spine Surgery Consumption Forecast by Regions 2018-2025
10.4.2 Germany
10.4.3 France
10.4.4 UK
10.4.5 Italy
10.4.6 Russia
10.5 Asia Pacific Market Consumption Forecast
10.5.1 Asia Pacific Spine Surgery Consumption Forecast by Regions
10.5.2 China
10.5.3 Japan
10.5.4 South Korea
10.5.5 India
10.5.6 Australia
10.5.7 Indonesia
10.5.8 Thailand
10.5.9 Malaysia
10.5.10 Philippines
10.5.11 Vietnam
10.6 Central & South America Market Consumption Forecast
10.6.1 Central & South America Spine Surgery Consumption Forecast by Regions
10.6.2 Brazil
10.7 Middle East and Africa Market Consumption Forecast
10.7.1 Middle East and Africa Spine Surgery Consumption Forecast by Regions
10.7.2 GCC Countries
10.7.3 Egypt
10.7.4 South Africa

11 Value Chain and Sales Channels Analysis
11.1 Value Chain Analysis
11.2 Sales Channels Analysis
11.2.1 Spine Surgery Sales Channels
11.2.2 Spine Surgery Distributors
11.3 Spine Surgery Customers

12 Market Opportunities & Challenges, Risks and Influences Factors Analysis
12.1 Market Opportunities and Drivers
12.2 Market Challenges
12.3 Market Risks/Restraints
12.4 Key World Economic Indicators

13 Key Findings in the Global Spine Surgery Study

14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.1.1 Research Programs/Design
14.1.1.2 Market Size Estimation
14.1.1.3 Market Breakdown and Data Triangulation
14.1.2 Data Source
14.1.2.1 Secondary Sources
14.1.2.2 Primary Sources
14.2 Author Details
14.3 Disclaimer

Continue….

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