Discover the Global Spinal Fusion Devices Market Size & Share, Industry Analysis, Growth, Trends and Forecast 2017 - 2025

The report "Spinal Fusion Devices Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025", has been prepared based on an in-depth market analysis with inputs from industry experts.

​The main objective of this report is to define, describe, and forecast the global “Spinal Fusion Devices” market on the basis of types of applications, major sectors, deployment models, organization size, and regions. The report contains an analysis of the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges). It aims to strategically analyze the micromarkets with respect to individual growth trends, prospects, and their contribution to the market. The report attempts to forecast the market size for 5 major regions, namely, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. It contains key vendor profiles and comprehensively analyzes their core competencies. The report also tracks and analyzes competitive developments, including partnerships, collaborations, acquisitions, new product developments, and R&D activities in the market.

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Spinal instrumentation method (specifically a method uses spinal fusion devices) is basically used for treating Pott disease. Pott disease or Pott's disease is a form of tuberculosis affecting several tissues outside the lungs and affects the spine that lead to tuberculosis arthritis of the intervertebral joints. Spinal fusion devices are used in various clinical settings spondylolisthesis, tumors, infection, trauma, and degenerative disk disease. The spinal instrumentation method is used in fusion surgery which is not designed to replace the bony elements of the spine, but to stabilize them during joining or fusion. In few cases, spinal instrumentation method is generally accepted because without spinal instrumentation method intact osseous fusion will fail the spinal surgery procedures. However, the dynamic stabilization devices, designed to restrict abnormal segmental motion, can also be used as a substitute to vertebral fusion procedures. Two primary types of medical devices are used for spinal fusion surgery which includes spacers, pedicle screws, or anterior interbody cages. The medical devices used for spine fusion surgery determines whether the spine fusion is appropriate or more surgical technique is required for the developing the surgical techniques.

Spinal fusion devices are used as spinal instrumentation devices for various spinal surgeries. The interbody spacers is a widely adopted technique; however, promising results from plates or rods with pedicle screws for treatment of various spine surgeries and rising clinical studies proving the efficiency of the technique are expected to drive the spine fusion devices product segment (spacers, pedicle screws, anterior cages, and others) in the next few years. In terms of application, the spine fusion devices market is bifurcated into lumbar spinal fusion and anterior spinal fusion. Lumbar spinal fusion includes evaluation of surgeries such as posterolateral gutter fusion, transforaminal lumbar interbody fusion, and posterior lumbar interbody fusion. Anterior spinal fusion for degenerative disk material include surgery of anterior or posterior spinal fusion and extreme lateral interbody fusion surgery. Various clinical trials are under way for the application of spinal fusion devices technique to treat other major spinal or vertebrae disorders.

Rising prevalence of spinal stenosis or spondylolisthesis, surging geriatric population susceptible to displacement of vertebrae, and growing applications of the spinal fusion devices technique in various spine surgeries can drive the spinal fusion devices market during the forecast period. Favorable reimbursements and new and technologically advanced products by manufacturers are expected to drive the market. However, rise in surgical cost, side effect of spine surgery, and rising number of patients adopting the therapy are likely to restrain the spinal fusion devices market during the forecast period.

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In terms of region, the global spinal fusion devices market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is expected to dominate the global market from 2017 to 2025, owing to factors such as rising geriatric patient population suffering from vertebrae displacement and spinal stenosis or spondylolisthesis, growing number of devices receiving regulatory approvals, rising demand for new and advanced spinal fusion devices, and favorable reimbursement policies. According to the Dartmouth Institute of Health Policy & Clinical Practice, nearly 80% of people in the U.S. are expected to experience lower back pain and nearly 30 million people every year receive professional medical care for spine related problems. Moreover, increasing approvals for surgical procedures provide significant opportunities for market players operating in North America. However, rising incidence of spinal surgeries in Asia Pacific, increasing health care expenditure, and rising demand for new techniques to treat spondylitis are expected to augment the spinal fusion devices market in Asia Pacific from 2017 to 2025.

Key players operating in the global spinal fusion devices market include Aesculap Implant Systems, LLC (B. Braun), Alphatec Spine, Inc., Zimmer, Inc., ConforMIS, CONMED Corporation, Corin, Medtronic, DePuy Synthes Companies (Johnson & Johnson), Geistlich Holding, Implants International, NuVasive, Inc., and Stryker among others.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

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The study is a source of reliable data on:
Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis
The regional analysis covers:
North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

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Highlights of the report:
A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market

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