Press release
North America Cervical Retractors Market Extensive Industry Analysis, Growth Rate, Segmentation, Investment Opportunities Top Manufacturers Till Forecast 2028
North America Cervical Retractors Market was valued at US$ 71.15 million in 2020 and is projected to reach US$ 127.12 million by 2028 with a CAGR of 8.6% during the forecast period 2020 to 2028.Surge in aging population is poised to one of the most significant causes of social transformations in the 21st century. As per the data published by the United Nations, the world had ~962 million people with age 60 or above in 2017, which was 13% of the global population in that year. Further, this population is estimated to grow at a rate of 3% every year. Spinal conditions are the most common conditions observed in older adults, affecting 5-55% of people with age 55 and above. These medical conditions are associated with a high risk for adverse outcomes such as mortality, disability, institutionalization, and hospitalization. Hence, with the growing geriatric population and rise in prevalence of associated cervical pain, the cervical retractors market is witnessing significant growth. Different studies suggest that many adults show no symptoms of degenerative disc disease, even though a high percentage of them still experience the signs of disc degeneration on the spine, in on an MRI. According to one of the studies, ~50% of people start showing some signs of disc degeneration in an MRI by their early 20s. While nearly everyone eventually gets cervical degenerative disc disease with age, and factors such as genetics, obesity, and smoking accelerate the process of developing this disease, so that the people become symptomatic sooner. Hence such rising incidences in cervical disc degeneration and higher number of cervical spine surgeries across globe also boosts the market growth.
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The report covers an in depth analysis of the key market players within the market
Aesculap Implant Systems, LLC
TeDan Surgical Innovations
Globus Medical, Inc
NSI Health Systems
Thompson Surgical
Novo Surgical, Inc
Life Spine
Rudolf Storz GmbH
In this report, the market has been segmented on the basis of:
By Product
Transverse Retractors
Longitudinal Retractors
By End User
Hospital
Clinic
Others
By Country
U.S
Mexico
Canada
Market Analysis and Insights: North America Cervical Retractors Market
North America Cervical Retractors Market report elaborates the market size, market characteristics, and market growth of the North America Cervical Retractors industry, and breaks down according to the type, application, and consumption space of North America Cervical Retractors . The report also conducted a PESTEL analysis of the industry to check the most influencing factors and entry barriers of the industry.
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Some of the key queries answered in this report:
-What can we estimate about the anticipated growth rates and also the North America Cervical Retractors industry size by 2028?
-What will happen in the coming existing and emerging markets?
-Which are the five top players within thee North America Cervical Retractors market?
-How can the North America Cervical Retractors market change in the upcoming years?
-Which product and application will take a share of the North America Cervical Retractors market?
-What will be the North America Cervical Retractors Market was valued at US$ 71.15 million in 2020 and is projected to reach US$ 127.12 million by 2028 with a CAGR of 8.6% during the forecast period 2020 to 2028. and size of the North America Cervical Retractors market throughout the forecast period?
-What are the market opportunities and challenges two-faced by the key vendors?
-Who are the major competitors and what is their strategy?
-What are the barriers to entry for new players in the market?
-What would be the upcoming North America Cervical Retractors market behaviour forecast with trends, challenges, and drivers for development?
-What business opportunities and dangers are faced by vendors in the market?
-Which would be North America Cervical Retractors industry opportunities and challenges faced by most vendors in the market?
-What will be the outcomes of this market SWOT five forces analysis?
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