Global Spinal Devices Market Research Report 2023-2029

According to the new market research report the Spinal Implants Devices Market is projected to reach USD 13.8 billion by 2025 from USD 10.3 billion in 2019, at a CAGR of 5.0%.Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=712This market is primarily driven by the launch of advanced bone grafting products, the advancements in spine surgery technologies, increasing incidence of spinal disorders and the increasing adoption of minimally invasive spine surgeries.Based on product, the market is segmented into thoracic fusion and lumbar fusion devices, cervical fusion devices, spine biologics, non-fusion devices, vertebral compression fracture treatment devices, spinal decompression devices, and spine bone stimulators.

The thoracic fusion and lumbar fusion devices segment accounted for the largest share of the market in 2019.

The large share of this segment can be attributed to the increasing incidence of lumbar degenerative disc disease and the growing number of product launches.Based on the type of surgery, the market is segmented into open and minimally invasive surgeries.

The open surgeries segment accounted for the largest share of the Spinal Surgery Devices Market in 2019.

The large share of this segment can be attributed to the increasing preference for open spine surgeries among medical professionals, rising incidence of spinal deformities, and technological advancements in spinal fusion surgeries.

In addition, some spine procedures, such as spinal implant insertions, can only be done through open surgeries, which is another major factor supporting market growth.On the basis of technology, the Spinal Surgery Devices Market is segmented into spinal fusion and fixation, vertebral compression fracture treatment, motion preservation/non-fusion, and spinal decompression technologies.

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.

The Spinal Surgery Devices And Equipment Global Market Report 2021-30 by The Business Research Company describes and explains the global spinal surgery devices and equipment market and covers 2015 to 2020, termed the historic period, and 2020 to 2025, termed the forecast period, along with further forecasts for the period 2025-2030.

The report evaluates the market across each region and for the major economies within each region.The Spinal Surgery Devices And Equipment Global Market Report 2021 covers spinal surgery devices and equipment market drivers, spinal surgery devices and equipment market trends, spinal surgery devices and equipment market segments, spinal surgery devices and equipment market growth rate, spinal surgery devices and equipment market major players, and spinal surgery devices and equipment market size.View Complete Report:https://www.thebusinessresearchcompany.com/report/spinal-surgery-devices-and-equipment-global-market-report The spinal surgery devices and equipment market report provides an in-depth analysis of the impact of COVID-19 on the global spinal surgery devices and equipment industry, along with revised market numbers due to the effects of the coronavirus and the expected spinal surgery devices and equipment market growth numbers 2021-2030.Spinal Surgery Devices And Equipment Global Market Report 2021 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies.

The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market.

The chapter also covers markets which have been positively affected by the pandemic.Request For The Sample Now:https://www.thebusinessresearchcompany.com/sample.aspx?id=2402=smpThe global spinal surgery devices and equipment market is expected to grow from $7.57 billion in 2020 to $8.26 billion in 2021 at a compound annual growth rate (CAGR) of 9.1%.

The market is expected to reach $9.7 billion in 2025 at a CAGR of 4.1%.The report covers the spinal surgery device and equipment market segments- 1) By Product Type: Spine Biologics, Surgical Spinal Decompression, Vertebral Compression Fracture Treatment Products, Non-Fusion, Fusion.2) By Application: Hospital, Ambulatory Service Centers, Orthopedic Centers.3) By Type Of Surgery: Open Surgeries, Minimally Invasive Surgeries.About The Business Research Company: The Business Research Company is a market intelligence firm that excels in company, market, and consumer research.

Located globally it has specialist consultants in a wide range of industries including manufacturing, healthcare, financial services, chemicals, and technology.

Spinal Surgery Devices And Equipment Global Market Report 2021 by The Business Research Company is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies.

The chapter on the impact – both negative and positive – of COVID-19 on the spinal surgery devices and equipment industry gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market.

This includes revised market numbers according to the effects of the coronavirus and the expected spinal surgery devices and equipment market growth numbers 2021-2030.View Complete Report:https://www.thebusinessresearchcompany.com/report/spinal-surgery-devices-and-equipment-global-market-reportThe Spinal Surgery Devices And Equipment Global Market Report 2020-30 by The Business Research Company provides an in-depth analysis of the global spinal surgery devices and equipment market and covers both the historic period, 2015 to 2020, and the forecast period, 2020 to 2030.

The report evaluates the market and major economies across the regions Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.The Spinal Surgery Devices And Equipment Global Market Report 2021 covers spinal surgery devices and equipment market drivers, spinal surgery devices and equipment market trends, spinal surgery devices and equipment market growth rate, spinal surgery devices and equipment market major players, player-adopted strategies in the market, and spinal surgery devices and equipment market size.The global spinal surgery devices and equipment market is expected to grow from $7.57 billion in 2020 to $8.26 billion in 2021 at a compound annual growth rate (CAGR) of 9.1%.

The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges.

The market is expected to reach $9.7 billion in 2025 at a CAGR of 4.1%.Request For The Sample Now:https://www.thebusinessresearchcompany.com/sample.aspx?id=2402=smpThe report covers the spinal surgery devices and equipment market segments-1) By Product Type: Spine Biologics, Surgical Spinal Decompression, Vertebral Compression Fracture Treatment Products, Non-Fusion, Fusion2) By Application: Hospital, Ambulatory Service Centers, Orthopedic Centers3) By Type of Surgery: Open Surgeries, Minimally Invasive SurgeriesAbout The Business Research Company: The Business Research Company is a market intelligence firm that excels in company, market, and consumer research.