Implantable Technologies Bat for Global Spinal Fusion Market amidst Emergence of Non-fusion Technologies
The global spinal fusion market has been envisioned to stay sturdy during the course of the forecast period 2011–2020 in a report put on sale by MarketResearchReports.biz. Titled “MediPoint: Spinal Fusion - Global Analysis and Market Forecasts,” the report has anticipated the market to ride on the towering occurrences of degenerative spinal disorders associated with the universal episode of an aging society. While the U.S. could be a colossal regional market for spinal fusion surgery, the frequent performance of this surgical procedure has been foreseen to significantly boost the growth of the global market.
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Amidst an environment that reflects a mushrooming variety of spinal diseases, spinal fusion surgery has done well to cement its establishment in the medical industry. Besides this, telling investments in futuristic technologies and a long-time history of its performance since the early 1900s have been envisaged to lay a solid foundation for growth in the world spinal fusion market. The adoption of this surgical intervention, however, could be dampened because of a few market barriers.
Federal or state governments in the U.S. acting as public payers are looking to discard unnecessary medical procedures by enforcing stringent measures on the part of reimbursement documentation. For instance, prior to letting a patient undergo a surgery, spine surgeons will be required by Medicare to document all the conservative measures taken to relieve the symptoms.
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The advent of non-fusion technologies in a new classification of medical device technologies that target a perpetual weakness of spinal fusions could also hamper the demand in the global spinal fusion market. Such technologies are designed with the intention of minimizing the stresses encountered by adjacent segments and preserving motion at the level of operation. This can terminate the development of symptomatic adjacent segment disease, which is a marked impediment to the effectiveness of spinal fusion in the present time as in the past.
The report has done well to unveil the progression of different varieties of implantable medical innovations, where more than a single device can be employed in the same procedure. In this regard, the authors of the report have shed light upon three broad categories of the devices, viz. pedicle screw systems, interbody cages, and spinal plating systems. Furthermore, thoracolumbar, cervical, and other specific anatomical regions operated upon have been expansively discussed in the report. The accurate and comprehensive market coverage and valuations that have been offered in the publication are a result of a crucial analysis pertinent to the adoption of implantable technologies at surgery levels one, two, and three.
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The 10 most critical regions of the global spinal fusion market, viz. India, China, Brazil, Japan, the U.K., Spain, Italy, Germany, France, and the U.S., have been studied in detail. Some of the superior players profiled in the report are DePuy Spine, Medtronic Spinal and Biologics, Amedica Corporation, Alphatec Spine, and Aesculap.
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