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Spinal Implants and Devices Market to Reach US$ 18.7 Billion by 2031 at 5.2% CAGR, Driven by Aging Population and Minimally Invasive Surgery Adoption | DataM Intelligence
According to DataM Intelligence, the global Spinal Implants and Devices market reached US$ 12.6 billion in 2022 and is projected to reach up to US$ 18.7 billion by 2031, growing at a CAGR of 5.2% during the forecast period 2024-2031, driven by rising prevalence of spinal disorders due to aging populations, increasing adoption of minimally invasive surgery techniques, strong demand for spinal fusion devices and non-fusion technologies, expanding use of biologics and bone growth stimulators, and rapid growth in Asia-Pacific with improving healthcare access.Get a Free Sample PDF Of This Report (Get Higher Priority for Corporate Email ID): https://www.datamintelligence.com/download-sample/spinal-implants-and-devices-market?jd
United States Key Industry Developments
☑️ January 2026: Medtronic plc expanded its U.S. spinal implant portfolio with next-generation minimally invasive fusion systems, securing additional FDA clearances and hospital contracts for degenerative disc disease treatments.
☑️ January 2026: Stryker Corporation reported strong growth in vertebral compression fracture treatment devices, launching advanced kyphoplasty systems with improved patient outcomes in outpatient settings.
☑️ December 2025: NuVasive, Inc. advanced its non-fusion motion preservation technologies with new clinical data presented at major U.S. spine conferences, gaining wider adoption among orthopedic surgeons.
Japan Key Industry Developments
☑️ January 2026: Japanese medical device manufacturers accelerated regulatory approvals for advanced spinal fusion and non-fusion implants, supported by updated guidelines for aging-related spinal disorders.
☑️ January 2026: Local and global players showcased minimally invasive spinal technologies at major Tokyo orthopedics expos, emphasizing applications in degenerative spine conditions and vertebral compression fractures.
☑️ December 2025: Growing adoption of spinal bone growth stimulators and biologics in Japanese hospitals, driven by demand for enhanced fusion rates and reduced revision surgeries among elderly patients.
Key Mergers and Acquisitions
✦ January 2026: Medtronic plc acquired a spinal biologics startup to enhance its portfolio of bone growth stimulators and fusion enhancers for minimally invasive applications.
✦ December 2025: Stryker Corporation completed a strategic acquisition of a motion preservation device company to expand its non-fusion technologies for degenerative disc disease treatments.
✦ November 2025: Globus Medical, Inc. secured a licensing agreement with an advanced spinal implant innovator to integrate next-generation fixation and vertebral compression fracture solutions.
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Market Segmentation Analysis
By Product: Spinal Fusion Devices hold the largest share due to established use in stabilizing degenerative spine conditions; Spinal Biologics grow rapidly for enhanced fusion rates; Vertebral Compression Fracture Treatment Devices expand with aging populations; Non-Fusion Devices and Spinal Bone Growth Stimulators gain traction for motion preservation and accelerated healing.
By Technology: Fusion and Fixation Technology dominates for traditional spine stabilization; Motion Preservation Technologies grow fastest for dynamic stabilization and disc replacement; Vertebral Compression Fracture Treatment expands for kyphoplasty and vertebroplasty procedures.
By Surgery: Open Surgery remains significant for complex cases; Minimally Invasive Surgery grows rapidly with reduced recovery times and hospital stays, driving adoption across fusion, non-fusion, and fracture treatments.
By Procedure: Discectomy and Laminotomy lead for decompression in degenerative conditions; Foraminotomy, Facetectomy, and Corpectomy grow for targeted decompression and reconstruction.
By End-User: Hospitals account for the largest share with high-volume spinal surgeries; Ambulatory Surgery Centers (ASCs) grow steadily for minimally invasive procedures; Others include specialty spine clinics and outpatient facilities.
Regional Insights
North America commands the largest market share in the global Spinal Implants and Devices market, supported by high prevalence of spinal disorders, advanced surgical infrastructure, rapid adoption of minimally invasive techniques, strong reimbursement for spinal fusion and biologics, and presence of leading manufacturers driving innovation in non-fusion and bone growth technologies.
Asia-Pacific remains the fastest-growing region, fueled by aging populations, increasing spinal disorder incidence, expanding healthcare infrastructure in China, India, and Japan, rising demand for cost-effective implants, government initiatives for orthopedic care, and aggressive market entry by global and local players.
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Growth Drivers
-Increasing prevalence of degenerative spine conditions and vertebral compression fractures in aging populations
-Rising adoption of minimally invasive surgery for faster recovery and reduced complications
-Strong demand for spinal biologics and bone growth stimulators to improve fusion rates
-Expanding use of non-fusion and motion preservation technologies for dynamic stabilization
-Growing healthcare infrastructure and orthopedic surgery volumes in emerging economies
Key Players
The market includes leading companies such as Medtronic plc, DePuy Synthes, Inc., Stryker Corporation, Boston Scientific Corporation, NuVasive, Inc., Zimmer Biomet Holdings, Inc., Globus Medical, Inc., Alphatec Spine, Inc., Orthofix International N.V., LDR Holding Corporation, and others.
Key Highlights (Top 5 Key Players)
✦ Medtronic plc - Leading global provider of spinal implants with comprehensive fusion and non-fusion systems, strong focus on minimally invasive technologies and biologics for degenerative disc disease.
✦ DePuy Synthes, Inc. - Renowned for advanced spinal fixation and vertebral compression fracture solutions, driving innovation in minimally invasive and motion preservation devices.
✦ Stryker Corporation - Dominant in spinal fusion and biologics, emphasizing durable implants and kyphoplasty systems for fracture treatment and spine stabilization.
✦ NuVasive, Inc. - Specialized in minimally invasive spine surgery technologies, with strong portfolio in non-fusion motion preservation and lateral access systems.
✦ Zimmer Biomet Holdings, Inc. - Strong player in spinal implants and biologics, focusing on comprehensive solutions for fusion, non-fusion, and bone growth stimulation.
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DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
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