Global Spinal Implants Market is Estimated to Reach 6.0% CAGR During the Forecast Year 2017-2024

Global Spinal Implants Market accounted to USD 7.8 billion in 2016 growing at a CAGR of 6.0% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic year 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

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The market is segmented on the basis of product, distribution channel, end user and geography.

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On the basis of product, global spinal implants market is segmented into thoracic fusion and lumbar fusion devices, cervical fusion devices, spine biologics, vertebral compression fracture treatment devices, non-fusion devices, spine bone stimulators and spinal decompression devices. Thoracic fusion and lumbar fusion device is sub segmented into anterior thoracic and lumbar fusion devices, posterior thoracic and lumbar fusion devices and interbody thoracic and lumbar fusion devices. Whereas, Interbody thoracic and lumbar fusion devices is further categorized on the basis of approach and material. On the basis of approach, interbody thoracic and lumbar fusion devices is classified into anterior lumbar Interbody Fusion Devices, posterior lumbar interbody fusion devices, transforaminal lumbar interbody fusion devices and axial lumbar interbody fusion devices. On the basis of material, interbody thoracic and lumbar fusion devices is classified into bone interbody fusion devices and non-bone interbody fusion devices.

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On the basis of technology, global spinal implants market is segmented into spinal fusion and fixation technologies, vertebral compression fracture treatment, motion preservation/non-fusion technologies and spinal decompression.

On the basis of surgery type, global spinal implants market is segmented into open surgery and minimally invasive surgery.

Based on geography, the market is segmented into five geographical regions:
• North America
• Europe
• Asia-Pacific
• South America
• Middle East and Africa.

The geographical regions are further segmented into major countries such as U.S. Canada, Mexico, Germany, France, U.K., Belgium, Switzerland, Belgium, Turkey, Japan, China, Singapore, Brazil, India, Russia, South Africa and many others. North America is the most dominant market and Asia-Pacific is expected to be the fastest growing market in the forecast years.

The global spinal implants market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes spinal implants market shares for global, Europe, North America, Asia Pacific, and South America.
Some of the major players operating in global spinal implants market are Medtronic, plc., DePuy Synthes Companies, Stryker, NuVasive, Inc., Zimmer Biomet, Globus Medical, Inc., B. Braun Melsungen AG, Alphatec Spine, Inc., Exactech, Inc., Orthofix International N.V., K2M Inc., Quandary Medical, Zimmer Biomet, RTI Surgical, Inc., Integra LifeSciences Corporation and LDR Holding Corporation many more.

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Related Report

Global Orthopedic Implants Market – Industry Trends and Forecast to 2024

Global Orthopedic Implants Market, By Product Type, End User, Geography (North America, Europe, APAC, South America, MEA) – Industry Trends and Forecast to 2024

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