Press release
Spinal Implants Market is expected to reach USD 16.74 billion by 2030
This Spinal Implants market report has been prepared by considering several fragments of the present and upcoming market scenario. The market insights gained through this market research analysis report facilitates more clear understanding of the market landscape, issues that may interrupt in the future, and ways to position definite brand excellently. It consists of most-detailed market segmentation, thorough analysis of major market players, trends in consumer and supply chain dynamics, and insights about new geographical markets. The market insights covered in Spinal Implants report simplifies managing marketing of goods and services effectively.Data Bridge Market Research analyses that the spinal implants market which was USD 9.93 billion in 2022, is expected to reach USD 16.74 billion by 2030, at a CAGR of 6.75% during the forecast period 2023 to 2030.
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Market Overview:
According to WHO, the global annual incidence of SCI is 40-80 cases per million people. SCI patients have a higher mortality risk because they die prematurely 2 to 5 times more often than patients who do not have SCI. The vast majority of traumatic SCIs are the result of work or sports-related injuries. Furthermore, the growing geriatric population and the number of obese people frequently develop symptoms associated with spinal disorders such as spinal stenosis, driving demand for spinal implant surgeries and propelling market growth. Obesity can also aggravate an already existing low back problem and cause it to reoccur. Degenerative disc disease is one of the most common spine-related disorders among the elderly.
Some of the major players operating in the Spinal Implants market are Medtronic (Ireland), Zimmer Biomet (U.S.), Alphatec Spine Inc. (U.S.), RTI Surgical (U.S.), Stryker (U.S.), Orthofix US LLC (U.S.), NuVasive Inc. (U.S.), Globus Medical (U.S.), Aesculap Inc. (U.S.), Apollo Hospitals Enterprise Ltd. (India), Centinel Spine LLC (U.S.), Premia Spine (U.S.), Exactech Inc. (U.S.), Aesculap Inc. (U.S.), Lumitex LLC (U.S.), Life Spine Inc. (U.S.), Integra LifeSciences (U.S.) among others.
Global Spinal Implants Market Scope
The spinal implants market is segmented on the basis of procedure, indication, product type, configuration and material. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Procedure
Open Surgery
Minimally Invasive Surgery
Others
Product Type
Artificial Discs
Dynamic Stabilization Devices
Spinal Fusion Implants
Thoracolumbar devices
Anterior lumbar plates
Lumar plates
Pedicle screw
Rods
Hooks
Wires
Cables
Crosslinks
Cervical fixation devices
Anterior Cervical Plates
Hook Fixation Systems
Plates and Screws
Clamps and Wires
Interbody Fusion Devices
Non-bone Interbody Fusion Devices
Bone Interbody Fusion Devices
Plates
Cages
Application
Cervical
Thoracic
Lumber
Material
Stainless Steel
Titanium
Cobalt Chrome
Polyetherether (PEEK)
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About Data Bridge Market Research:
An absolute way to predict what the future holds is to understand the current trend! Data Bridge Market Research presented itself as an unconventional and neoteric market research and consulting firm with an unparalleled level of resilience and integrated approaches. We are committed to uncovering the best market opportunities and nurturing effective information for your business to thrive in the marketplace. Data Bridge strives to provide appropriate solutions to complex business challenges and initiates an effortless decision-making process. Data Bridge is a set of pure wisdom and experience that was formulated and framed in 2015 in Pune.
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