Press release
Interbody Fusion Cages Market Size, Share, Growth & Trends 2024-2033 | Key Players & Outlook
Interbody Fusion Cages Market Size
Ready to Dive into Something Exciting? Get Your Free Exclusive Sample of Our Research Report @
https://www.thebusinessresearchcompany.com/sample.aspx?id=15834&type=smp
According to The Business Research Company's, The interbody fusion cages market size has grown steadily in recent years. It will grow from 2.18 billion in 2023 to $2.29 billion in 2024 at a compound annual growth rate (CAGR) of 4.8%. The growth in the historic period can be attributed to an increase in the geriatric population, an increase in obesity rates, a surge in sports-related injuries, economic growth, and hospital infrastructure development.
The interbody fusion cages market size is expected to see strong growth in the next few years. It will grow to $2.79 billion in 2028 at a compound annual growth rate (CAGR) of 5.1%. The growth in the forecast period can be attributed to growing awareness of minimally invasive surgical procedures, increasing number of spinal surgeries, rising number of accidents, upsurge in disposable income, and increasing prevalence of degenerative diseases. Major trends in the forecast period include technological advancements, integrated graft delivery systems, strategic collaborations, minimally invasive approaches, and modular and adjustable designs.
Get The Complete Scope Of The Report @
https://www.thebusinessresearchcompany.com/report/interbody-fusion-cages-global-market-report
Market Drivers and Trends:
The increasing construction activities are expected to propel the growth of the extended cord reels market going forward. Construction activities encompass a wide range of tasks involved in building, renovating, and maintaining structures and infrastructure. These activities are essential for creating residential, commercial, and industrial buildings and public works such as roads, bridges, and utilities. The increasing construction activities are due to rapid urbanization, infrastructure development, and a focus on efficiency and accuracy in building projects. Extended cord reels are crucial in facilitating electrical power distribution on construction sites, offering practical solutions for managing cords, improving safety, and enhancing productivity. For instance, in December 2021, according to the United States Census Bureau, a US-based government agency, the value of construction activities increased from $1,626.4 billion in 2021 to $1,792.9 billion in 2022, with a growth rate of 10.2%. Therefore, the increasing construction and real estate activities drive the extended cord reels market.
Major companies operating in the interbody fusion cages market are developing innovative products, such as expanding interbody cages, to serve customers with advanced features better. An expanding interbody cage, also known as an expandable interbody cage, is a type of spinal implant used in fusion procedures that can expand in size after being inserted into the disc space between two vertebrae. For instance, in May 2022, Accelus, a US-based medical equipment manufacturer, launched the TiHawk7 Titanium, a bonded multidirectional expanding interbody cage to facilitate endoscopic and minimally invasive spine (MIS) lumbar fusion procedures. This innovative device offers an ultra-low insertion profile with multidirectional interbody expansion, combining titanium and PEEK materials for optimal performance. The device's unique features include an ultra-low insertion profile, an open-architecture design for maximum graft delivery, and an innovative titanium application.
Key Benefits for Stakeholders:
• Comprehensive Market Insights: Stakeholders gain access to detailed market statistics, trends, and analyses that help them understand the current and future landscape of their industry.
• Informed Decision-Making: The reports provide crucial data that support strategic decisions, reducing risks and enhancing business planning.
• Competitive Advantage: With in-depth competitor analysis and market share information, stakeholders can identify opportunities to outperform their competition.
• Tailored Solutions: The Business Research Company offers customized reports that address specific needs, ensuring stakeholders receive relevant and actionable insights.
• Global Perspective: The reports cover various regions and markets, providing a broad view that helps stakeholders expand and operate successfully on a global scale.
Major Key Players of the Market:
Medtronic plc, Johnson & Johnson, Stryker Corporation, B. Braun Melsungen AG, Depuy Synthes, Shanghai MicroPort Orthopedics Co. Ltd., Zimmer Biomet Holdings Inc., NuVasive Inc., Medacta International SA, Alphatec Spine Inc., SeaSpine Orthopedics Corporation, Orthofix International N.V., Surgalign Spine Technologies, Rivarp Medical Private Limited, Baumer S.A., Medicrea International, Precision Spine Inc., Spineart SA, Benvenue Medical Inc., Aurora Spine Inc., Ulrich Medical USA, Elite surgical, CarboFix Orthopedics Ltd., Prodorth International Inc., K2M Group Holdings Inc., Biomet Inc., Intelivation LLC, Eminent Spine
Interbody Fusion Cages Market 2024 Key Insights:
• The interbody fusion cages market size is expected to see strong growth in the next few years. It will grow to $2.79 billion in 2028 at a compound annual growth rate (CAGR) of 5.1%.
• Increasing Incidence Of Spinal Cord Injuries To Drive Growth In The Interbody Fusion Cages Market
• Accelus Launches Innovative Tihawk7 Expandable Interbody Cage For Endoscopic And MIS Lumbar Fusion
• North America was the largest region in the interbody fusion cages market in 2023
We Offer Customized Report, Click @
https://www.thebusinessresearchcompany.com/Customise?id=15834&type=smp
Contact us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Latest Trending Press Releases: https://www.thebusinessresearchcompany.com/press-release.aspx
Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Interbody Fusion Cages Market Size, Share, Growth & Trends 2024-2033 | Key Players & Outlook here
News-ID: 3708353 • Views: …
More Releases from The Business research company
Rail Transit Protective Coating Market Overview: Major Segments, Strategic Devel …
The rail transit protective coating sector is positioned for significant expansion in the coming years, driven by technological advancements and increasing infrastructure investments. This market is evolving rapidly as stakeholders prioritize durability, sustainability, and efficiency in rail transit systems. Let's explore the market's valuation projections, leading companies, emerging trends, and detailed segment analysis to get a clearer understanding of its future trajectory.
Expected Market Size and Growth Outlook for Rail Transit…
Analysis of Segments and Major Growth Areas in the Product Implementation Servic …
The product implementation services sector is on the verge of significant expansion, driven by evolving technology needs and increasing enterprise adoption of sophisticated systems. Understanding the current market size, key contributors, emerging trends, and segment breakdowns offers valuable insights into what lies ahead for this dynamic industry.
Market Size and Expected Growth Trajectory in the Product Implementation Services Market
The product implementation services market is projected to experience strong growth…
Key Strategic Developments and Emerging Changes Shaping the Polyvinylidene Fluor …
The polyvinylidene fluoride (PVDF) resin market is on track for significant expansion over the coming years. Driven by various technological advances and rising demands across multiple industries, this sector is expected to evolve rapidly. Let's explore the anticipated market growth, influential players, key trends, and detailed segmentation shaping the future of PVDF resin.
Projected Growth and Market Size of the Polyvinylidene Fluoride Resin Market
The PVDF resin market is forecasted…
Leading Companies Fueling Innovation and Growth in the Partyline Intercom System …
The partyline intercom systems market is gearing up for significant expansion as communication needs evolve across various industries. With increasing demand for more versatile and efficient communication tools, this sector is set to witness rapid advancements and growing adoption over the coming years. Let's explore the market size projections, key drivers, major players, emerging trends, and important segments shaping this dynamic industry.
Projected Market Size and Growth Trajectory of the Partyline…
More Releases for Interbody
Increasing Incidence Of Spinal Cord Injuries To Drive Growth In The Interbody Fu …
"What market dynamics are playing a key role in accelerating the growth of the interbody fusion cages market?
The rise in spinal cord injuries is expected to accelerate the growth of the interbody fusion cages market. Spinal cord injuries, caused by accidents or medical conditions, are increasing. Interbody fusion cages are essential in treating these injuries by promoting bone fusion and improving spinal stability. In May 2023, Spinal Cord Inc. reported…
Polyether Ether ne Interbody Device Market Size 2024 to 2031.
Market Overview and Report Coverage
Polyether Ether ne (PEEK) is a high-performance polymer that is widely used in medical devices, including interbody implants for spinal fusion surgeries. PEEK interbody devices are known for their biocompatibility, radiolucency, and mechanical strength, making them a popular choice for orthopedic surgeons.
The Polyether Ether ne Interbody Device Market is expected to grow at a CAGR of 10.60% during the forecasted period. This…
Global Interbody Spinal Implants Market Research Report 2023-2029
Global Interbody Spinal Implants Market: Driven factors and Restrictions factors
The research report encompasses a comprehensive analysis of the factors that affect the growth of the market. It includes an evaluation of trends, restraints, and drivers that influence the market positively or negatively. The report also outlines the potential impact of different segments and applications on the market in the future. The information presented is based on historical milestones and current…
Spinal Interbody Fusion Market Size to Hit $8.6 Billion by 2028 | Spinal Interbo …
According to our experience research team, Spinal Interbody Fusion Market was valued at USD 7.1 Billion in 2021, and the global Spinal Interbody Fusion industry is projected to reach a value of USD 8.6 Billion by 2028, at a CAGR of 3.4% during the forecast period 2022-2028
The report is focused on gaining various Spinal Interbody Fusion market trends, dynamics, growth drivers, opportunities, weaknesses, strengths, and threats restraining the market growth.…
Interbody Spine Implants Market Revenue and Growth Insight Report
In 2021, the global interbody spine implants market accounted for $1,904.8 million revenue, which is expected to touch $2,471.8 million by 2030, at a 2.9% CAGR. Advancements in spinal surgery technologies, increasing demand for spinal fusion devices owing to the rising prevalence of spinal ailments, fast acceptance of minimally invasive spine operations, and surging number of sophisticated bone-grafting product launches are the primary drivers for the market.
Get the sample pages…
Expandable Interbody Fusion System Market Size, Share, Development by 2024
LP INFORMATION offers a latest published report on Expandable Interbody Fusion System Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report.
According to this study, over the next five years the Expandable Interbody Fusion System market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2024, from US$ xx million…
