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Spinal Implants And Surgical Devices Market By Product (Thoracic Fusion And Lumbar Fusion Devices, Cervical Fusion Devices, Non-Fusion Devices, Spine Bone Stimulators, Spinal Decompression Devices), By Technology (Spinal Fusion And Fixation Technologies, Motion Preservation/Non-Fusion Technologies, Spinal Decompression), By Usage Area (Hospitals, Ambulatory Centers, Private Clinics) – Growth, Future Prospects And Competitive Analysis, 2017 – 2025

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Market Insights

The spine is basically balanced for ideal flexibility and to support body weight at the point when seen from the inside, with three delicate bends. The cervical spine (spine in the neck) additionally has lordosis. The lumbar spine has an inner bend called lordosis. The thoracic spine has an outer bend called kyphosis. These bends work together to shift the body’s center of gravity over the pelvis and hips. When viewed from behind, the spine is usually straight at this point.

An irregular arch in the spine can put it out of position. A sagittal irregularity is an irregular shape seen from the side. Sorts of sagittal imbalance incorporate chin-on-chest syndrome, kyphosis, and flat back syndrome. An abnormal shape and flow of the spine viewed from the back is called scoliosis. According to the WHO, between 250,000 and 500,000 people worldwide suffer from spinal cord injury (SCI) each year. The majority of spine injuries are the result of preventable causes, such as accidents, brutality, or falls. Individuals with spinal cord injuries are two to five times more likely to die than those who do not have spinal cord damage, with lower survival rates in the middle- and low-wage countries.

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According to the WHO, there are no well-founded estimates of universal prevalence, but the projected yearly worldwide incidence is between 40 and 80 cases per million people. Around 90% of spine injury cases are from traumatic causes; however, the extent of non-traumatic spine injuries seems, by all accounts, to be increasing. Technological advancement, improved treatment accessibility for spine injuries, and a rapid increase in the incidence of spine cases will increase the acceptance of spinal implants and the use of surgical devices for the best treatment, boosting the growth of the spinal implants and surgical devices market in the coming years.

The purpose of this research study titled “Spinal Implants and Surgical Devices Market: Growth, Future Prospects, and Competitive Analysis, 2017–2025” is to present stockholders, manufacturers, business officials, and industry contributors with detailed exploration to permit them to take tactical initiatives and resolutions associated with the predictions in the global spinal implants and surgical devices market. This report offers and evaluates the major scenarios prominent in the worldwide spinal implants and surgical devices market, as well as the market’s size and prediction.

This report classifies the worldwide spinal implants and surgical devices market in terms of products, usage areas, technology, and geographical distribution. Based on product types, the global spinal implants and surgical devices market is classified into vertebral compression fracture treatment devices, lumbar fusion and thoracic fusion devices, spinal decompression devices, spine bone stimulators, non-fusion devices, and cervical fusion devices; further, based on technology, the market is divided into motion preservation or non-fusion technologies, spinal decompression, spinal fusion and fixation technologies, and vertebral compression fracture treatment. The usage areas considered for the purpose of this study are ambulatory centers, private clinics, and hospitals. Market size and forecasts for every cited division for the period 2015–2025 are offered in the report, along with particular CAGRs for the forecast period 2017–2025.

This study covers a comprehensive portrayal of the above-specified market sections for the duration of 2015–2025, along with the particular market assessment for the specific countries in their area-wise sections.A comprehensive exploration of market scenarios has been cited in the report to capture an appropriate understanding of the market and the linked trends. Several tools are used in the report to determine the level of competition among the chief market players. The study also comprises a company profile of the companies that have a grip on the global market for spinal implants and surgical devices. Some of the key players in the global spinal implants and surgical devices market are listed: Alphatec Holdings, Inc., Zimmer Biomet, Stryker Corporation, RTI Surgical, Inc., Pioneer Surgical Technology, Orthofix International N.V., NuVasive, Inc., Medtronic plc, K2M Group Holdings, Inc., Integra Lifesciences, Globus Medical, Inc., Exactech, Inc., DePuy Synthes, and more.

The global market for spinal implants and surgical devices is studied for its types of products in the following areas for the purposes of this study:

  • Cervical Fusion Devices
  • Thoracic Fusion and Lumbar Fusion Devices
  • Vertebral Compression Fracture Treatment Devices
  • Spine-bone stimulators
  • Non-fusion Devices
  • Spinal decompression devices

Cumulative incidences of spinal irregularities and growing demand for minimally invasive surgeries are expected to drive the spinal implants and surgical devices market. Most spinal disorders do not require surgical intervention, but sometimes they cannot be avoided. In such situations, specially-made spinal tools are utilized to correct irregularities, reinforce and stabilize the spine, and ease the combination. Many spinal grafts are usually prepared from metals such as titanium alloy or stainless steel, while certain are made of non-metallic compounds. The market will have a modest development rate, mainly due to the surge in the geriatric populace, together with the patients suffering from back problems and amplified consciousness, resulting in the acceptance of novel and enhanced technologies by specialists and patients.

According to the WHO, the risk of death is highest following an injury and remains high in the general population. The mortality risk rises with the severity of the injury and is strongly influenced by the provision of good medical care. An increase in demand for non-invasive procedures is heightening the growth of the spinal implant and surgical device markets. The rapid evolution of the healthcare sector and technological advancements are also selected drivers for the growth of this market.

For the purpose of this study, the global market for spinal implants and surgical devices is studied for the following technologies:

  • Vertebral Compression Fracture Treatment
  • Spinal Fusion and Fixation Technologies
  • Non-fusion technologies and motion preservation
  • Spinal Decompression

The spinal system is altering the way solitary, and dual-level fusions are done in ambulatory centers and hospitals around the globe. Innovative implant technology and a more comprehensive approach to all sterile single-use equipment provide a better solution for all. Assistive technology is often required to facilitate mobility. Spinal implants and surgical devices are classified into various segments on the basis of their applications, such as non-fusion technologies and motion preservation, spinal decompression, vertebral compression fracture treatment, and spinal fusion and fixation technologies.

The rising incidence of spine injury patients, which is associated with a secondary risk of conditions that can be severe and have significant life-threatening risks, for example, urinary tract infection, deep vein thrombosis, osteoporosis, and more, has led to an increase in the number of spinal surgeries. Also, the expansion of the geriatric population pool around the globe and the rise in the number of minimally invasive surgeries are amplifying the market for spinal implants and surgical devices.

The global market for spinal implants and surgical devices is being studied for their application in the following usage areas for the purposes of this study:

  • Hospitals
  • Ambulatory Centers
  • Private Clinics

Among the considered usage areas, spinal implants and surgical devices enjoy the largest application in hospitals, followed by ambulatory centers. Higher affordability of hospitals in terms of the purchase of spinal implants and surgical devices, greater handling skills, and a higher cost-benefit ratio due to better patient footfall is the foremost factors driving the acceptance of spinal implants and surgical devices in hospitals. It is further anticipated that due to the growing preference of patients for approaching specialized private clinics for their needs owing to faster turnaround times and improved treatment outcomes, the demand for spinal implants and surgical devices from private clinics will be higher during the forecast period. Therefore, it is predictable that the growth of the private clinic’s section will be greater than the global benchmark during the forecast period.

Geographically, the global market for spinal implants and surgical devices is composed of Latin America, the Middle East, Africa, Europe, Asia Pacific, and North America.North America leads the global spinal implants and surgical devices market, followed by Asia Pacific, owing to major factors such as big spine-related problems, sports injuries, the high rate of accidents in North America, and the rising incidence of injuries-related patients, all of which will augment the spinal implants and surgical devices market in the coming years.

The need for secure and non-invasive spine surgeries is expected to grow in the upcoming years. In the course of the forecast duration of 2017–2025, Asia Pacific is observed as the fastest-growing region due to key driving factors such as the rising incidence of spine injuries in developing countries, growing awareness related to early treatment, evolving healthcare expenditure, and intensifying demand for the non-invasive procedure.

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The geographical classification of the global spinal implants and surgical devices market is as follows:

  • Asia Pacific (Japan, India, China, and the Rest of Asia Pacific)
  • North America (Canada and the United States)
  • Middle East and Africa (GCC plus the rest of the Middle East and Africa)
  • Europe (France, Italy, Germany, the U.K., Spain, and the Rest of Europe)
  • Latin America (Mexico, Brazil, and the Rest of Latin America)

Chapter 1. Preface
1.1. Report Scope and Description
1.2. Research Methodology
1.2.1. Phase I-Secondary Research
1.2.2. Phase II-Primary Research
1.2.3. Phase III-Expert Panel Review
1.2.4. Assumptions
1.2.5. Approach Adopted

Chapter 2. Executive Summary
2.1. Global Spinal Implants and Surgical Devices Market Portraiture
2.1.1. Global Spinal Implants and Surgical Devices Market, by Product, 2016 (US$ Bn)
2.1.2. Global Spinal Implants and Surgical Devices Market, by Technology, 2016 (US$ Bn)
2.1.3. Global Spinal Implants and Surgical Devices Market, by Usage Area, 2016 (US$ Bn)
2.1.4. Global Spinal Implants and Surgical Devices Market, by Geography, 2016 (US$ Bn)

Chapter 3. Spinal Implants and Surgical Devices : Market Dynamics and Outlook
3.1. Market Definition and Overview
3.2. Drivers
3.3. Challenges
3.4. Opportunities
3.5. Attractive Investment Proposition, by Geography, 2016
3.6. Value Chain Analysis
3.7. Porter’s Five Forces Model
3.8. Competitive Landscape
3.8.1. Competitive Landscape, by Key Players, 2016

Chapter 4. Global Spinal Implants and Surgical Devices Market, by Product, 2015 – 2025 (US$ Bn)
4.1. Overview
4.2. Attractive Investment Proposition, by Product, 2016
4.3. Thoracic Fusion and Lumbar Fusion Devices
4.4. Cervical Fusion Devices
4.5. Vertebral Compression Fracture Treatment Devices
4.6. Non-fusion Devices
4.7. Spine Bone Stimulators
4.8. Spinal Decompression Devices

Chapter 5. Global Spinal Implants and Surgical Devices Market, by Technology, 2015 – 2025 (US$ Bn)
5.1. Overview
5.2. Attractive Investment Proposition, by Product, 2016
5.3. Spinal Fusion and Fixation Technologies
5.4. Vertebral Compression Fracture Treatment
5.5. Motion Preservation/Non-fusion Technologies
5.6. Spinal Decompression

Chapter 6. Global Spinal Implants and Surgical Devices Market, by Usage Area, 2015 – 2025 (US$ Bn)
6.1. Overview
6.2. Comparative Analysis, by Usage Area, 2016 Vs 2025 (Value %)
6.3. Hospitals
6.4. Ambulatory Centers
6.5. Private Clinics

Chapter 7. Global Spinal Implants and Surgical Devices Market, by Geography, 2015 – 2025 (US$ Bn)
7.1. Overview
7.2. North America Spinal Implants and Surgical Devices Market Analysis, 2015 – 2025
7.2.1. North America Spinal Implants and Surgical Devices Market, by Product, 2015 – 2025 (US$ Bn)
7.2.2. North America Spinal Implants and Surgical Devices Market, by Technology, 2015 – 2025 (US$ Bn)
7.2.3. North America Spinal Implants and Surgical Devices Market, by Usage Area, 2015 – 2025 (US$ Bn)
7.2.4. North America Spinal Implants and Surgical Devices Market, by Country, 2015 – 2025 (US$ Bn)
7.2.4.1. U.S.
7.2.4.2. Canada
7.3. Europe Spinal Implants and Surgical Devices Market Analysis, 2015 – 2025
7.3.1. Europe Spinal Implants and Surgical Devices Market, by Product, 2015 – 2025 (US$ Bn)
7.3.2. Europe Spinal Implants and Surgical Devices Market, by Technology, 2015 – 2025 (US$ Bn)
7.3.3. Europe Spinal Implants and Surgical Devices Market, by Usage Area, 2015 – 2025 (US$ Bn)
7.3.4. Europe Spinal Implants and Surgical Devices Market, by Country, 2015 – 2025 (US$ Bn)
7.3.4.1. U.K.
7.3.4.2. Germany
7.3.4.3. France
7.3.4.4. Spain
7.3.4.5. Italy
7.3.4.6. Rest of Europe
7.4. Asia Pacific Spinal Implants and Surgical Devices Market Analysis, 2015 – 2025
7.4.1. Asia Pacific Spinal Implants and Surgical Devices Market, by Product, 2015 – 2025 (US$ Bn)
7.4.2. Asia Pacific Spinal Implants and Surgical Devices Market, by Technology, 2015 – 2025 (US$ Bn)
7.4.3. Asia Pacific Spinal Implants and Surgical Devices Market, by Usage Area, 2015 – 2025 (US$ Bn)
7.4.4. Asia Pacific Spinal Implants and Surgical Devices Market, by Country, 2015 – 2025 (US$ Bn)
7.4.4.1. China
7.4.4.2. Japan
7.4.4.3. India
7.4.4.4. Rest of APAC
7.5. Latin America Spinal Implants and Surgical Devices Market Analysis, 2015 – 2025
7.5.1. Latin America Spinal Implants and Surgical Devices Market, by Product, 2015 – 2025 (US$ Bn)
7.5.2. Latin America Spinal Implants and Surgical Devices Market, by Technology, 2015 – 2025 (US$ Bn)
7.5.3. Latin America Spinal Implants and Surgical Devices Market, by Usage Area, 2015 – 2025 (US$ Bn)
7.5.4. Latin America Spinal Implants and Surgical Devices Market, by Country, 2015 – 2025 (US$ Bn)
7.5.4.1. Brazil
7.5.4.2. Mexico
7.5.4.3. Rest of Latin America
7.6. Middle East & Africa (MEA) Spinal Implants and Surgical Devices Market Analysis, 2015 – 2025
7.6.1. MEA Spinal Implants and Surgical Devices Market, by Product, 2015 – 2025 (US$ Bn)
7.6.2. MEA Spinal Implants and Surgical Devices Market, by Technology, 2015 – 2025 (US$ Bn)
7.6.3. MEA Spinal Implants and Surgical Devices Market, by Usage Area, 2015 – 2025 (US$ Bn)
7.6.4. MEA Spinal Implants and Surgical Devices Market, by Region, 2015 – 2025 (US$ Bn)
7.6.4.1. GCC
7.6.4.2. Rest of MEA

Chapter 8. Company Profiles
8.1. Alphatec Holdings, Inc.
8.1.1. Business Description
8.1.2. Financial Information (Subject to data availability)
8.1.3. Product Portfolio
8.1.4. Key Developments
8.2. DePuy Synthes
8.3. Exactech, Inc.
8.4. Globus Medical, Inc.
8.5. Integra Lifesciences
8.6. K2M Group Holdings, Inc.
8.7. Medtronic plc.
8.8. NuVasive, Inc.
8.9. Orthofix International N.V.
8.10. Pioneer Surgical Technology
8.11. RTI Surgical, Inc.
8.12. Stryker Corporation
8.13. Zimmer Biomet Holdings Inc.

List of Figures

FIG. 1 Spinal Implants and Surgical Devices: Market Segmentation
FIG. 2 Global Spinal Implants and Surgical Devices Market, by Product, 2016 (US$ Bn)
FIG. 3 Global Spinal Implants and Surgical Devices Market, by Technology, 2016 (US$ Bn)
FIG. 4 Global Spinal Implants and Surgical Devices Market, by Usage Area, 2016 (US$ Bn)
FIG. 5 Global Spinal Implants and Surgical Devices Market, by Geography, 2016 (Value %)
FIG. 6 Attractive Investment Proposition, by Geography
FIG. 7 Market Competition Landscape, by Key Players, 2016
FIG. 8 Global Thoracic Fusion and Lumbar Fusion Devices Market, 2015 – 2025 (US$ Bn)
FIG. 9 Global Cervical Fusion Devices Market, 2015 – 2025 (US$ Bn)
FIG. 10 Global Vertebral Compression Fracture Treatment Devices Market, 2015 – 2025 (US$ Bn)
FIG. 11 Global Non-fusion Devices Market, 2015 – 2025 (US$ Bn)
FIG. 12 Global Spine Bone Stimulators Market, 2015 – 2025 (US$ Bn)
FIG. 13 Global Spinal Decompression Devices Market, 2015 – 2025 (US$ Bn)
FIG. 14 Global Spinal Fusion and Fixation Technologies Market, 2015 – 2025 (US$ Bn)
FIG. 15 Global Vertebral Compression Fracture Treatment Market, 2015 – 2025 (US$ Bn)
FIG. 16 Global Motion Preservation/Non-fusion Technologies Market, 2015 – 2025 (US$ Bn)
FIG. 17 Global Spinal Decompression Market, 2015 – 2025 (US$ Bn)
FIG. 18 Global Spinal Implants and Surgical Devices in Hospitals Market, 2015 – 2025 (US$ Bn)
FIG. 19 Global Spinal Implants and Surgical Devices in Ambulatory Centers Market, 2015 – 2025 (US$ Bn)
FIG. 20 Global Spinal Implants and Surgical Devices in Private Clinics Market, 2015 – 2025 (US$ Bn)
FIG. 21 U.S. Spinal Implants and Surgical Devices Market, 2015 – 2025 (US$ Bn)
FIG. 22 Canada Spinal Implants and Surgical Devices Market, 2015 – 2025 (US$ Bn)
FIG. 23 U.K. Spinal Implants and Surgical Devices Market, 2015 – 2025 (US$ Bn)
FIG. 24 Germany Spinal Implants and Surgical Devices Market, 2015 – 2025 (US$ Bn)
FIG. 25 France Spinal Implants and Surgical Devices Market, 2015 – 2025 (US$ Bn)
FIG. 26 Spain Spinal Implants and Surgical Devices Market, 2015 – 2025 (US$ Bn)
FIG. 27 Italy Spinal Implants and Surgical Devices Market, 2015 – 2025 (US$ Bn)
FIG. 28 Rest of Europe Spinal Implants and Surgical Devices Market, 2015 – 2025 (US$ Bn)
FIG. 29 Japan Spinal Implants and Surgical Devices Market, 2015 – 2025 (US$ Bn)
FIG. 30 China Spinal Implants and Surgical Devices Market, 2015 – 2025 (US$ Bn)
FIG. 31 India Spinal Implants and Surgical Devices Market, 2015 – 2025 (US$ Bn)
FIG. 32 Rest of Asia Pacific Spinal Implants and Surgical Devices Market, 2015 – 2025 (US$ Bn)
FIG. 33 Brazil Spinal Implants and Surgical Devices Market, 2015 – 2025 (US$ Bn)
FIG. 34 Mexico Spinal Implants and Surgical Devices Market, 2015 – 2025 (US$ Bn)
FIG. 35 Rest of Latin America Spinal Implants and Surgical Devices Market, 2015 – 2025 (US$ Bn)
FIG. 36 GCC Spinal Implants and Surgical Devices Market, 2015 – 2025 (US$ Bn)
FIG. 37 Rest of Middle East and Africa Spinal Implants and Surgical Devices Market, 2015 – 2025 (US$ Bn)

List of Tables

TABLE 1 Global Spinal Implants and Surgical Devices Market Portraiture
TABLE 2 Global Spinal Implants and Surgical Devices Market, by Product, 2015 – 2025 (US$ Bn)
TABLE 3 Global Spinal Implants and Surgical Devices Market, by Technology, 2015 – 2025 (US$ Bn)
TABLE 4 Global Spinal Implants and Surgical Devices Market, by Usage Area, 2015 – 2025 (US$ Bn)
TABLE 5 North America Spinal Implants and Surgical Devices Market, by Product, 2015 – 2025 (US$ Bn)
TABLE 6 North America Spinal Implants and Surgical Devices Market, by Technology, 2015 – 2025 (US$ Bn)
TABLE 7 North America Spinal Implants and Surgical Devices Market, by Usage Area, 2015 – 2025 (US$ Bn)
TABLE 8 North America Spinal Implants and Surgical Devices Market, by Country, 2015 – 2025 (US$ Bn)
TABLE 9 Europe Spinal Implants and Surgical Devices Market, by Product, 2015 – 2025 (US$ Bn)
TABLE 10 Europe Spinal Implants and Surgical Devices Market, by Technology, 2015 – 2025 (US$ Bn)
TABLE 11 Europe Spinal Implants and Surgical Devices Market, by Usage Area, 2015 – 2025 (US$ Bn)
TABLE 12 Europe Spinal Implants and Surgical Devices Market, by Country, 2015 – 2025 (US$ Bn)
TABLE 13 Asia Pacific Spinal Implants and Surgical Devices Market, by Product, 2015 – 2025 (US$ Bn)
TABLE 14 Asia Pacific Spinal Implants and Surgical Devices Market, by Technology, 2015 – 2025 (US$ Bn)
TABLE 15 Asia Pacific Spinal Implants and Surgical Devices Market, by Usage Area, 2015 – 2025 (US$ Bn)
TABLE 16 Asia Pacific Spinal Implants and Surgical Devices Market, by Country, 2015 – 2025 (US$ Bn)
TABLE 17 Latin America Spinal Implants and Surgical Devices Market, by Product, 2015 – 2025 (US$ Bn)
TABLE 18 Latin America Spinal Implants and Surgical Devices Market, by Technology, 2015 – 2025 (US$ Bn)
TABLE 19 Latin America Spinal Implants and Surgical Devices Market, by Usage Area, 2015 – 2025 (US$ Bn)
TABLE 20 Latin America Spinal Implants and Surgical Devices Market, by Country, 2015 – 2025 (US$ Bn)
TABLE 21 Middle East and Africa Spinal Implants and Surgical Devices Market, by Product, 2015 – 2025 (US$ Bn)
TABLE 22 Middle East and Africa Spinal Implants and Surgical Devices Market, by Technology, 2015 – 2025 (US$ Bn)
TABLE 23 Middle East and Africa Spinal Implants and Surgical Devices Market, by Usage Area, 2015 – 2025 (US$ Bn)
TABLE 24 Middle East and Africa Spinal Implants and Surgical Devices Market, by Country, 2015 – 2025 (US$ Bn)
TABLE 25 Alphatec Holdings, Inc.: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 26 DePuy Synthes: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 27 Exactech, Inc.: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 28 Globus Medical, Inc.: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 29 Integra Lifesciences: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 30 K2M Group Holdings, Inc.: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 31 Medtronic plc.: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 32 NuVasive, Inc.: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 33 Orthofix International N.V.: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 34 Pioneer Surgical Technology: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 35 RTI Surgical, Inc.: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 36 Stryker Corporation: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 37 Zimmer Biomet Holdings Inc.: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)

Frequently Asked Questions:

What is the size of Spinal Implants And Surgical Devices Market?

The market for Spinal Implants And Surgical Devices Market is expected to reach US$ 21 Bn By 2025.

What is the Spinal Implants And Surgical Devices Market CAGR?

The Spinal Implants And Surgical Devices Market is expected to see significant CAGR growth over the coming years, at 6.1%.

What is the Forecast period considered for Spinal Implants And Surgical Devices Market?

The report is forecasted from 2017-2025.

What is the base year considered for Spinal Implants And Surgical Devices Market?

The base year of this report is 2016.

Who are the major players in this market?

Alphatec Holdings, Inc., Zimmer Biomet, Stryker Corporation, RTI Surgical, Inc., Pioneer Surgical Technology, Orthofix International N.V., NuVasive, Inc., Medtronic plc, K2M Group Holdings, Inc., Integra Lifesciences, Globus Medical, Inc., Exactech, Inc., DePuy Synthes are some of the major players in the global market.

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