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Motion Preservation Devices Market Analysis, Forecast, and Assessment 2017 - 2027

01-03-2018 12:26 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Future Market Insights

Motion Preservation Devices Market Analysis, Forecast,

Motion preservation devices are used in the spinal disorders. Motion preservation devices are used to treat disorders related to spine which maintain the alignment and restore the spine motion. The goal of motion preservation devices is to maintain normal or near normal motion to prevent adverse outcome seen in the spinal fusion. An ideal motion preservation devices is basically a minimally invasive procedure, it preserve or re-establish normal motion of spine. Spinal disorder is most common in the geriatric population. Due to aging, there are structural changes in the spine such as enlargement in the bone & joints and thickening of the band of tissue that supports spine. There are wide variety of posterior motion preservation devices in various stages of development. The main purpose of motion preservation devices is to provide better treatment than spine fusion with pain for the patient and loss of function caused in spine such as lumbar spinal stenosis, degenerative disc disease and facet pain. There are several motion preservation techniques which are used such as cervical artificial disc replacement which allows for decompression of the spinal cord and nerve roots and maintain natural movement in the neck which is usually indicated for patients with stenosis and disc herniation. Secondly lumbar artificial disc replacement allows for decomposition of the nerve roots and spinal canal and maintain the natural movement of back.

Motion Preservation Devices Market: Drivers and Restraints

Growing number of spine disorders combined with the increase in geriatric population and technological advancement in motion preservation devices are the major factor driving the growth of the motion preservation devices market. Increase of minimally invasive spine procedures popularity among other procedures and growth in the patient awareness in the advance spine surgeries will enhance the growth of the overall market of motion preservation devices. Motion preservation surgery helps to restore the motion which has led to increase adoption of the surgical procedures. However, expensive implants and high procedure cost will restrain the growth of the motion preservation devices market. Stringent regulatory approvals and unfavorable reimbursement scenario will inhibit the growth of the motion preservation devices market.

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Motion Preservation Devices Market: Segmentation

Tentatively, global motion preservation devices market has been segmented on the basis of product type, surgery and geography.

Based on product type, global motion preservation devices market is segmented as below:

Total disc replacement
Posterior dynamic devices
Facet replacement
Prosthetic nucleus replacement

Based on surgery, global motion preservation devices market is segmented as below:

Minimally invasive spine surgery
Open surgery

Based on end user, global motion preservation devices market is segmented as below:

Hospitals
Orthopedics clinics
Ambulatory surgical centers
Specialty clinics

Motion Preservation Devices Market: Overview

The Motion Preservation Devices such as artificial disc replacement devices dominate the market due to rise in the adoption of the artificial disc replacement. The advent of minimally invasive techniques and rise in the incidence of the spinal disorder due to huge number of geriatric population drive the motion preservation devices market. Increase in the technological advancement and development in the bone grafts products will boost the overall market of the motion preservation devices. Due to the increase in the popularity, other motion preservation product will have a significant portion in the motion preservation devices market.

Motion Preservation Devices Market: Regional Outlook

Geographically, Motion Preservation Devices Market is classified into regions viz. North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific, Japan, Middle East and Africa. North America dominates the market due to increase in the prevalence of spine disorders and increase in the preference for the motion preservation devices. Asia pacific is expected to grow in the forecast period due to improvement in the infrastructure in the healthcare field and increase in expenditure in the region. Low cost of surgical procedures in India as compared o developed countries have also boosted the overall motion preservation devices market.

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Motion Preservation Devices Market: Key Players

Some of the key players in the Motion Preservation Devices Market are HPI Implants, Paradigm Spine, RTI Surgical, Inc., B. Braun Melsungen AG, Depuy Synthes, Globus Medical, Inc, Spinal Kinetics, Zimmer Biomet Holdings, Inc., Ulrich GmbH & Co. KG, the key maket players have adopted product development strategies such as approvals, product launch and clinical trials.

ABOUT US:
Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.

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