The major factor driving the global spinal fusion market is the rise in incidences of spinal disorders across the global population. Moreover, with growing number of chronic disease, there is an increase in the number of obese and geriatric population which is further augmenting the market growth. In addition, innovation and continuous technological development will create ample opportunities for the vendors over the next five years. On the contrary, unfavorable reimbursement policies and stringent regulatory framework may restrain the market growth.
Geographically, Asia Pacific region is expected to drive the spinal fusion market owing to rising instances of spine related issues and increase in government’s spending towards healthcare infrastructure.
The section provides comprehensive market dynamics through an overview section along with growth drivers, challenges, and opportunities which exist in the current market. This section of the report also covers key industry, global and regional regulations which are determining the market growth and a brief technological aspect of Spinal Fusion procedure. Complete industry analysis has also been covered by Porter’s five forces model as a part of this report section.
Spinal Fusion Market has been segmented on the basis of type and geography as follows:
Traditional Spinal Fusion Procedure
Posterior Lumbar Interbody Fusion
Anterior Lumbar Interbody Fusion
By Minimally Invasive Spinal Fusion Procedure
Transforaminal Lumbar Interbody Fusion
Extreme Lateral Interbody Fusion
Europe Middle East and Africa
Middle East and Africa
Competitive intelligence section deals with major players in the market, their market shares, growth strategies, products, financials, and recent investments among others. Key industry players profiled as part of this section are DePuy Synthes Spine, Inc., Alphatec Spine, Inc., Globus Medical Inc., Orthofix Holdings, Inc., Medtronic, Biomet, Inc., and NuVasive, Inc. among others.
1.1. Market Definition
1.2. Scope of the Study
1.5. Base, and Forecast Years Timeline
2. Research Methodology
2.1. Research Design
2.2. Secondary Sources
3. Key Findings of the Study
4. Market Dynamics
4.3. Opportunities and Market Trends
4.4. Market Segmentation
4.5. Porter’s Five Forces Analysis
4.5.1. Bargaining Power of Suppliers
4.5.2. Bargaining Power of Consumers
4.5.3. Threat of New Entrants
4.5.4. Threat of Substitute
4.5.5. Competitive Rivalry within the Industry
4.6. Industry Value Chain Analysis
4.7. Industry Regulations
5. Global Spinal Fusion Market Forecast by Type
5.1. Traditional Spinal Fusion Procedure
5.1.1. Posterior Lumbar Interbody Fusion
5.1.2. Anterior Lumbar Interbody Fusion
5.2. Minimally Invasive Spinal Fusion Procedure
5.2.1. Transforaminal Lumbar Interbody Fusion
5.2.2. Extreme Lateral Interbody Fusion
6. Global Spinal Fusion Market Forecast by Geography
6.2. North America
6.3. South America
6.5. Middle East and Africa
6.6. Asia Pacific
7. Competitive Intelligence
7.1. Market Share Analysis
7.2. Strategies of Key Players
7.3. Recent Investments and Deals
8. Company Profiles
8.1. DePuy Synthes Spine, Inc
8.1.3. Products and Services
8.1.4. Key Developments
8.2. Alphatec Spine, Inc
8.2.3. Products and Services
8.2.4. Key Developments
8.3. Globus Medical Inc.
8.3.3. Products and Services
8.3.4. Key Developments
8.4. Orthofix Holdings, Inc
8.4.3. Products and Services
8.4.4. Key Developments
8.5.3. Products and Services
8.5.4. Key Developments
8.6. Biomet, Inc
8.6.3. Products and Services
8.6.4. Key Developments
8.7. NuVasive, Inc.
8.7.3. Products and Services
8.7.4. Key Developments
The research study is based on the publisher's proprietary research model. The process involves sourcing of information from various industry experts, key professionals, decision-makers and various other stakeholders along with the validation of the responses received from the vast in-house database and premium paid databases. Publicly available sources were also taken into consideration for the final market estimates and forecast for the segments and sub-segments.
The first phase of the research process is the identification of key industry leaders, experts, decision-makers and C-level executives and then conducting interviews and surveys to gain vital insights about the market. Simultaneously, extensive secondary research is done, and key secondary data is collected as part of this process. This secondary data is collected from various databases, industry journals, whitepapers, company annual reports, research publications, and other paid data sources and relevant literature. Company profiles which include strategies, new product developments, recent investments, major products and services, financials and business plans are sourced from the annual reports, SEC filings, industry associations to preserve the quality of the information being displayed. The findings from both the primary and the secondary research process combined go under further processing for market breakdown and forecasting.
The last phase is providing intelligence in the form of presentation, charts, graphics and other different formats helping the clients in a faster and efficient understanding of the market. Under this phase complete market engineering is involved which includes analyzing the collected data from different sources and existing proprietary datasets while using various data triangulation methods for market breakdown and forecasting. The publisher has developed their market forecasting methodology that, in addition to the main market values, also takes into account other macroeconomic factors (global or local) that might have some bearing on the market under study. Taking all the necessary data, a robust forecast is developed using an algorithm that involves both static (multivariate) as well as dynamic (time-series) regression analysis. Special care is taken to make sure their algorithm passes the necessary statistical tests, and the mean prediction for future years obtained is reliable with a very high confidence level. Following data validation, the analysts begin to write the report presenting insights with the help of charts, graphs, and tables.