COVID-19 Impact on Spinal Non Fusion Technologies Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2027

Anterior cervical discectomy (ACD) is a common surgical procedure to treat chronic neck pain or other disorders affecting the cervical spine.

Once the disc is removed between the vertebrae, a cervical fusion is performed.

The main goal of anterior cervical discectomy and fusion surgery is to relieve pressure on the nerve roots or spinal cord and / or to treat an unhealthy disc in the cervical spine.

According to the new market research report by MarketsandMarkets, the global pedicle screw systems market is expected to reach USD 724.23 million by 2023 from USD 538.64 million in 2018, at a CAGR of 6.1%.The pedicle screw systems market is segmented into monoaxial, polyaxial, and other pedicle screw systems.

In 2018, the polyaxial pedicle screw systems segment is estimated to command the largest share of the pedicle screw systems market.

The large share of this segment can be attributed to the increasing incidences and prevalence of spinal cord injuries.Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=98811670The major factors driving the growth of this market are the increasing incidence of spinal cord injuries, the growing preference for minimally invasive surgeries, and a rising geriatric population.Region Covered in Pedicle Screw System Market :The market is dominated by North America, followed by Europe.

North America will continue to dominate the market during the forecast period.

The rising geriatric population and increasing incidence of spinal disorders in this region are the major factors supporting the growth of the pedicle screw systems market in North America.Get 10% Customization on this Research Report: https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=98811670By product type, the pedicle screw systems market is segmented into monoaxial, polyaxial, and other pedicle screw systems.

The large share of this segment can be attributed to the increasing incidences and prevalence of spinal cord injuries.On the basis of surgery type, the Monoaxial Pedicle Screw System market has been segmented into open surgery and minimally invasive surgery.

Future Market Insights (FMI) delivers key insights on the global spinal fusion market in its upcoming report titled "Spinal Fusion Market: Global Industry Analysis 2012-2016 and Opportunity Assessment 2017 - 2027."

In terms of revenue, the global spinal fusion market is projected to register a CAGR of 5.4% over the forecast period, owing to various factors, regarding which FMI offers detailed insights and forecasts in this report.A key trend witnessed in the global spinal fusion market is the rise in the development of minimising load due to increasing adverse reactions.

Furthermore, the growing importance of developing advanced products among big players to enhance their product portfolio is another key trend in the global spinal fusion market.Spinal fusion is a surgical procedure to fuse two or more vertebrae to restrict their movement.

The procedure is recommended to eliminate the pain caused by incorrect movement of vertebrae.

Although the procedure is most commonly done for lumbar region, cervical and thoracic vertebrae can also be treated in cases of damage due to accidents or to reduce pressure on the nerves.Download a Sample Report with Table of Contents and Figures: https://www.futuremarketinsights.com/reports/sample/rep-gb-5259Market Segmentation and ForecastThe global spinal fusion market is segmented based on product type, procedure type, end user and region.

Attenuated interbody cages segment will represent major revenue share of the global spinal fusion market in 2017.By procedure, the global spinal fusion market is segmented into posterolateral fusion and interbody fusion.

The vendor landscape of the global spinal fusion devices market is dominated by a handful of well-established vendors, thus displaying a largely consolidated nature and hinting at several entry barriers for new or small vendors, observes a recent market research report by Transparency Market Research.

Need for excellent technical know-how, funds required to undertake research activities to develop advanced spinal binding products, and the strict guidelines set by authoritative medical bodies globally related to the approval of these critical medical devices make it clear why the market is ruled by a few large-scale international medical device companies.Request Brochure – https://www.transparencymarketresearch.com/sample/sample.php?flag=B_id=32045So as to sustain their positions in the overall market, companies are focused on the development of new and more reliable products, expansion across emerging markets with ample growth opportunities, and strategic collaborations with healthcare service providers across emerging economies.

Some of the leading companies in the market are Stryker Corporation, Zimmer Biomet Holdings Inc., Titan Spine LLC Medtronic plc, Depuy Synthes, and B. Braun Melsungen AG.According to the report, the market is expected to expand at a promising 4.6% CAGR between 2017 and 2025, rising to a revenue opportunity of US$10,965.7 mn by 2025.North America to Remain Dominant Regional MarketOf the key product varieties available in the market, the segment of thoraco-lumbar fixation devices accounted for the dominant share in the overall market in 2016 and the segment is likely to dominate the global market over the forecast period as well.

From a geographical perspective, the market in North America presently accounts for the dominant revenue contribution share to the global market and is likely to retain its dominance over the report’s forecast period as well.

The regional market is likely to benefit from the well-established healthcare infrastructure and easy availability and high adoption rate of advanced medical devices.Request COVID Analysis on Spinal Fusion Devices Market – https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19_id=32045  Steady Introduction of New and More Reliable Products Bodes Well for MarketBesides the rising prevalence of chronic back pain and back-related issues induced by sedentary lifestyles, which are organically leading to the increased demand for effective cures for these conditions, the increased focus of several leading medical device companies on R activities aimed at finding proper cure to these conditions is driving the market.

The market is also driven by the rising population of geriatric population, a demographic that is prone to a number of disorders related to the spinal cord.

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