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Adult Spinal Deformity - Market: Size, Share, Growth, Analysis, Key Players, Revenue, Growth | Valuates Reports

03-04-2024 08:07 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Valuates Reports

Adult Spinal Deformity - Market Size
The global Adult Spinal Deformity market size is expected to reach US$ 3235.3 million by 2029, growing at a CAGR of 4.8% from 2023 to 2029.

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Adult Spinal Deformity - Market
Spinal technology is advancing rapidly around minimally invasive technology to perform more precise and less disruptive spinal procedures. Emerging as well as the leading spinal implant manufacturers are aiming to advance the field through innovative implant materials, techniques and technology that will make spinal procedures more precise and patient specific. Deformity spinal procedure demands for innovative and advanced treatment procedures involving the biomechanics and machining.
The market is mainly driven by the significant applications of Adult Spinal Deformity in various end use industries. The expanding demands from the Hospitals and Clinics, Ambulatory Surgical Centers and Others,, are propelling Adult Spinal Deformity market. Scoliosis, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Kyphosis segment is estimated at % CAGR for the next seven-year period.
The global pharmaceutical market is 1475 billion USD in 2022, growing at a CAGR of 5% during the next six years. The pharmaceutical market includes chemical drugs and biological drugs. For biologics is expected to 381 billion USD in 2022. In comparison, the chemical drug market is estimated to increase from 1005 billion in 2018 to 1094 billion U.S. dollars in 2022. The pharmaceutical market factors such as increasing demand for healthcare, technological advancements, and the rising prevalence of chronic diseases, increase in funding from private & government organizations for development of pharmaceutical manufacturing segments and rise in R&D activities for drugs. However, the industry also faces challenges such as stringent regulations, high costs of research and development, and patent expirations. Companies need to continuously innovate and adapt to these challenges to stay competitive in the market and ensure their products reach patients in need. Additionally, the COVID-19 pandemic has highlighted the importance of vaccine development and supply chain management, further emphasizing the need for pharmaceutical companies to be agile and responsive to emerging public health needs.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Adult Spinal Deformity, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.

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Company Profiles:
• NuVasive
• B. Braun Melsungen
• Stryker
• Boston Scientific
• Zimmer Biomet
• Orthofix Medical
• Globus Medical
• Abbott Laboratories
• RTI Surgical
• SeaSpine

Segment by Type:
• Scoliosis
• Kyphosis
• Lordosis

by Application
• Hospitals and Clinics
• Ambulatory Surgical Centers
• Others

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https://reports.valuates.com/market-reports/QYRE-Auto-0Z7911/adult-spinal-deformity

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