Spinal Fusion Device Market

Spinal Fusion Device Market Size, Share, Growth Analysis, By Product(Thoracolumbar Devices, Anterior Lumbar Plates), By Disease Type(Degenerative Disc, Complex Deformity), By Surgery(Open spine surgery, Minimally Invasive Spine Surgery), By End-user(Hospitals, Specialty Clinics), By Region(North America, Europe) - Industry Forecast 2024-2031


Report ID: UCMIG35A2685 | Region: Global | Published Date: Upcoming |
Pages: 165 | Tables: 55 | Figures: 60

Spinal Fusion Device Market Insights

Market Overview:

The market for spinal fusion devices was estimated to be worth USD 6.3 billion globally in 2020, and it is anticipated to increase at a CAGR of 4.4% from 2021 to 2028. Growing elderly populations and the prevalence of spinal ailments are driving market expansion. According to the CDC data, as of 2019, spinal abnormalities impacted around 34.0% of the young people and 62.0% of the elderly population. Trauma, falls, crashes, or traffic accidents are the most frequent causes for spinal fusion injuries.

Spinal Fusion Device Market, Forecast & Y-O-Y Growth Rate, 2020 - 2028
ForecastGrowthRate
To get more reports on the above market click here to
Get Free Sample

This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.

Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.

The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Health Care Equipment by segment aggregation, the contribution of the Health Care Equipment in Health Care Equipment & Services and vendor share.

To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.

$5,300
BUY NOW GET FREE SAMPLE
Want to customize this report?

Our industry expert will work with you to provide you with customized data in a short amount of time.

REQUEST FREE CUSTOMIZATION

FAQs

The market for Spinal Fusion Device was estimated to be valued at US$ XX Mn in 2021.

The Spinal Fusion Device Market is estimated to grow at a CAGR of XX% by 2028.

The Spinal Fusion Device Market is segmented on the basis of Product, Disease Type, Surgery, End-user, Region.

Based on region, the Spinal Fusion Device Market is segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America.

The key players operating in the Spinal Fusion Device Market are Johnson & Johnson Services, Inc. (DePuy Synthes), Stryker, Zimmer Biomet, Orthofix Medical, Inc., B. Braun Melsungen AG, Medtronic, NuVasive, Inc., Globus Medical, ATEC Spine, Inc, Captiva Spine, Inc, SeaSpine, Spinal Elements, Inc., Spine Wave, Inc., Spineology, Inc., Xtant Medical Holdings, Inc..

Request Free Customization

Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.

logo-images

Feedback From Our Clients

Spinal Fusion Device Market

Product ID: UCMIG35A2685

$5,300
BUY NOW GET FREE SAMPLE