Global Spinal Surgery Devices Market Growth, Trends & Forecasts 2017 - 2022

  • ID: 4387208
  • Report
  • Region: Global
  • 208 pages
  • Mordor Intelligence
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The Global market for Spinal Surgery Devices has been estimated to be USD 11.86 billion in 2014 and it is expected to reach USD 15.9 billion by 2020 at a CAGR of 5% during the forecast period from 2014 to 2021. Back pain is a symptom of medical condition and the most common cause of back pain is a condition called intervertebral disc degeneration which means that the disc located between the vertebrae of the spine are breaking down with age. Another cause of back pain is wearing down of facet joints which are large joints that connect each vertebrae to another. Back pain is also caused due to spasms, muscle tension and ruptured disc. The spinal surgery devices are used to treat the back pain and other spine related disorders.

Spine surgery helps to restore functions of the spine of patient with spine disorders such as spine deformities, disc herniation, spondylolisthesis, scoliosis, degenerative discs, trauma, spinal stenosis, and tumors in spine region. The spine surgical devices are mainly used in hospitals and orthopedic clinics.

An increasing preference for Minimally Invasive Spinal Surgery, large patient pool due to a rapidly growing elderly population, growing demand for technologically advanced products are the factors driving the growth of spine surgical devices market. However, price concerns, unstable reimbursement policies, lack of adequate physician and lack of patient awareness/education about newly developed treatment procedures and technologies are expected to restrain the growth of the market to a certain extent.

The market for Spinal Surgery Devices is segmented on the basis of technology and products. Technology segment includes Spinal Fusion and fixation, Spinal decompression, Non-Fusion Technologies and Vertebral Compression Fracture Treatment. Spinal decompression segment covers discectomy, laminotomy/laminectomy, foraminotomy/foraminectomy, facetectomy, and corpectomy procedures. Non-Fusion technologies include Dynamic Stabilization and Artificial Disc Replacement. The products segment includes Spinal fusion devices, Spine Bone Stimulators, Spine Biologics and Vertebral Compression Fracture Treatment devices. Spinal Fusion devices sub-segment is again divided into Cervical Fusion, Interbody Fusion, Lumbar Fusion, thoracic fusion devices. Spine Biologics is further categorized into Spinal Allografts, Demineralized Bone Matrix, Bone Morphogenetic Proteins, Bone Substitutes and Machined Bones. Vertebral Compression Fracture Treatment devices further include Vertebroplasty and Balloon Kyphoplasty Devices. Spine Bone Stimulators can be Invasive Electrical Bone Stimulators and Non-invasive Electrical Stimulators.

Based on geography the market is segmented into North America, Europe, Asia-Pacific and Rest of the World. North America contributes a larger share of the market, followed by Europe. Asian countries are the faster growing markets, due to the improving reimbursement policies, large population, growing awareness about new technologies and increased acceptance of the latest approaches.

Many players in this market are trying to expand their product portfolio in order to top the global market. While few companies are entering into the market by acquisitions, top companies are expanding their growth in this market by acquiring other companies. Few companies like Medtronic, PLC adopted product innovation and new product launches as its key business strategy to ensure its dominance in this market. Some of the major key players are Alphatec Spine Inc., DePuy Synthes, Medtronic Inc., Stryker Corporation, NuVasive, Inc., Smith & Nephew Plc, Globus Medical, Inc., Orthovita Inc., Orthofix International N.V., Zimmer Biomet Holdings, Inc.and others.

Key Deliverables:

Market analysis for the Global Spinal Surgery Devices Market, with region specific assessments and competition analysis on global and regional scales

Market definition along with the identification of key drivers and restraints

Identification of factors instrumental in changing the market scenarios, rising prospective opportunities, and identification of key companies that can influence this market on a global and regional scale

Extensively researched competitive landscape section with profiles of major companies along with their market shares

Identification and analysis of the macro and micro factors that affect the Global Spinal Surgery Devices Market on both global and regional scales

A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information

A wide-ranging knowledge and insights about the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market

Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
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Note: Product cover images may vary from those shown
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1. Introduction
1.1 Report Description
1.2 Markets Covered
1.3 Research Methodology
2. Executive Summary
3. Market Overview
3.1 Market Definition
3.2 Market Drivers
3.2.1 Increasing adoption of minimally invasive devices
3.2.2 Rise in the number of technological advances in the field of spinal surgery
3.2.3 Increase incidence of obesity and aging population
3.3 Market Restraints
3.3.1 Expensive treatment procedures
3.3.2 High cost and time involved in getting approval for the surgery process
3.3.3 Reimbursement issues
3.4 Market Opportunitites
3.5 Market Threats
4. Porters Five Force Analysis
4.1 Bargaining Power of suppliers
4.2 Bargaining power of buyers
4.3 Degree of competition
4.4 Threat of substitution
4.5 Threat of new entrants
5. Medical Devices Market - By Type
5.1 Global Spinal Surgery Devices Market
5.1.1 By Type of Device
5.1.1.1 Spinal Decompression
5.1.1.1.1 Corpectomy
5.1.1.1.2 Discectomy
5.1.1.1.3 Facetectomy
5.1.1.1.4 Foraminotomy
5.1.1.1.5 Laminotomy
5.1.1.2 Spinal Fusion
5.1.1.2.1 Instrumented versus Noninstrumented Spinal Fusion
5.1.1.2.2 Cervical Fusion
5.1.1.2.3 Interbody Fusion
5.1.1.2.4 Lumbar Fusion
5.1.1.3 Fracture Repair devices
5.1.1.4 Arthroplasty Devices
5.1.1.5 Non fusion Devices
5.1.2 By Geography
5.1.2.1 North America
5.1.2.1.1 USA
5.1.2.1.2 Canada
5.1.2.1.3 Mexico
5.1.2.2 Europe
5.1.2.2.1 UK
5.1.2.2.2 Germany
5.1.2.2.3 France
5.1.2.2.4 Italy
5.1.2.2.5 Spain
5.1.2.3 Asia Pacific
5.1.2.3.1 China
5.1.2.3.2 Japan
5.1.2.3.3 India
5.1.2.3.4 Australia
5.1.2.4 Rest of the World
6. Competitive Landscape
6.1 Mergers & Acquisitions
6.2 Agreements, Collaborations & Partnerships
6.3 New Product Launches
6.4 Recommendations to new market players
7. Company Profiles
7.1 Stryker
7.2 DePuy Spine
7.3 Smith & Nephew
7.4 Nuvasive
7.5 SpineGaurd
7.6 Zimmer
7.7 Globus Medical
7.8 Biomet
7.9 Alphatec Spine

List of Tables

1: Global Spinal Surgery Devices Market ($million) (2017 - 2022)
2: Global Spinal Surgery Devices Market - Type of Device - Spinal Decompression ($million) (2017 - 2022)
3: Global Spinal Surgery Devices Market - Type of Device - Spinal Decompression - Corpectomy ($million) (2017 - 2022)
4: Global Spinal Surgery Devices Market - Type of Device - Spinal Decompression - Discectomy ($million) (2017 - 2022)
5: Global Spinal Surgery Devices Market - Type of Device - Spinal Decompression - Facetectomy ($million) (2017 - 2022)
6: Global Spinal Surgery Devices Market - Type of Device - Spinal Decompression - Foraminotomy ($million) (2017 - 2022)
7: Global Spinal Surgery Devices Market - Type of Device - Spinal Decompression - Laminotomy ($million) (2017 - 2022)
8: Global Spinal Surgery Devices Market - Type of Device - Spinal Fusion ($million) (2017 - 2022)
9: Global Spinal Surgery Devices Market - Type of Device - Spinal Fusion - Instrumented versus Noninstrumented Spinal Fusion ($million) (2017 - 2022)
10: Global Spinal Surgery Devices Market - Type of Device - Spinal Fusion - Cervical Fusion ($million) (2017 - 2022)
11: Global Spinal Surgery Devices Market - Type of Device - Spinal Fusion - Interbody Fusion ($million) (2017 - 2022)
12: Global Spinal Surgery Devices Market - Type of Device - Spinal Fusion - Lumbar Fusion ($million) (2017 - 2022)
13: Global Spinal Surgery Devices Market - Type of Device - Spinal Fusion - Fracture Repair devices ($million) (2017 - 2022)
14: Global Spinal Surgery Devices Market - Type of Device - Spinal Fusion - Arthroplasty Devices ($million) (2017 - 2022)
15: Global Spinal Surgery Devices Market - Type of Device - Spinal Fusion - Non fusion Devices ($million) (2017 - 2022)
16: North American Spinal Surgery Devices Market ($million) (2017 - 2022)
17: North American Spinal Surgery Devices Market - Type of Device - Spinal Decompression ($million) (2017 - 2022)
18: North American Spinal Surgery Devices Market - Type of Device - Spinal Decompression - Corpectomy ($million) (2017 - 2022)
19: North American Spinal Surgery Devices Market - Type of Device - Spinal Decompression - Discectomy ($million) (2017 - 2022)
20: North American Spinal Surgery Devices Market - Type of Device - Spinal Decompression - Facetectomy ($million) (2017 - 2022)
21: North American Spinal Surgery Devices Market - Type of Device - Spinal Decompression - Foraminotomy ($million) (2017 - 2022)
22: North American Spinal Surgery Devices Market - Type of Device - Spinal Decompression - Laminotomy ($million) (2017 - 2022)
23: North American Spinal Surgery Devices Market - Type of Device - Spinal Fusion ($million) (2017 - 2022)
24: North American Spinal Surgery Devices Market - Type of Device - Spinal Fusion - Instrumented versus Noninstrumented Spinal Fusion ($million) (2017 - 2022)
25: North American Spinal Surgery Devices Market - Type of Device - Spinal Fusion - Cervical Fusion ($million) (2017 - 2022)
26: North American Spinal Surgery Devices Market - Type of Device - Spinal Fusion - Interbody Fusion ($million) (2017 - 2022)
27: North American Spinal Surgery Devices Market - Type of Device - Spinal Fusion - Lumbar Fusion ($million) (2017 - 2022)
28: North American Spinal Surgery Devices Market - Type of Device - Spinal Fusion - Fracture Repair devices ($million) (2017 - 2022)
29: North American Spinal Surgery Devices Market - Type of Device - Spinal Fusion - Arthroplasty Devices ($million) (2017 - 2022)
30: North American Spinal Surgery Devices Market - Type of Device - Spinal Fusion - Non fusion Devices ($million) (2017 - 2022)
31: European Spinal Surgery Devices Market ($million) (2017 - 2022)
32: European Spinal Surgery Devices Market - Type of Device - Spinal Decompression ($million) (2017 - 2022)
33: European Spinal Surgery Devices Market - Type of Device - Spinal Decompression - Corpectomy ($million) (2017 - 2022)
34: European Spinal Surgery Devices Market - Type of Device - Spinal Decompression - Discectomy ($million) (2017 - 2022)
35: European Spinal Surgery Devices Market - Type of Device - Spinal Decompression - Facetectomy ($million) (2017 - 2022)
36: European Spinal Surgery Devices Market - Type of Device - Spinal Decompression - Foraminotomy ($million) (2017 - 2022)
37: European Spinal Surgery Devices Market - Type of Device - Spinal Decompression - Laminotomy ($million) (2017 - 2022)
38: European Spinal Surgery Devices Market - Type of Device - Spinal Fusion ($million) (2017 - 2022)
39: European Spinal Surgery Devices Market - Type of Device - Spinal Fusion - Instrumented versus Noninstrumented Spinal Fusion ($million) (2017 - 2022)
40: European Spinal Surgery Devices Market - Type of Device - Spinal Fusion - Cervical Fusion ($million) (2017 - 2022)
41: European Spinal Surgery Devices Market - Type of Device - Spinal Fusion - Interbody Fusion ($million) (2017 - 2022)
42: European Spinal Surgery Devices Market - Type of Device - Spinal Fusion - Lumbar Fusion ($million) (2017 - 2022)
43: European Spinal Surgery Devices Market - Type of Device - Spinal Fusion - Fracture Repair devices ($million) (2017 - 2022)
44: European Spinal Surgery Devices Market - Type of Device - Spinal Fusion - Arthroplasty Devices ($million) (2017 - 2022)
45: European Spinal Surgery Devices Market - Type of Device - Spinal Fusion - Non fusion Devices ($million) (2017 - 2022)
46: Asia Pacific Spinal Surgery Devices Market ($million) (2017 - 2022)
47: Asia Pacific Spinal Surgery Devices Market - Type of Device - Spinal Decompression ($million) (2017 - 2022)
48: Asia Pacific Spinal Surgery Devices Market - Type of Device - Spinal Decompression - Corpectomy ($million) (2017 - 2022)
49: Asia Pacific Spinal Surgery Devices Market - Type of Device - Spinal Decompression - Discectomy ($million) (2017 - 2022)
50: Asia Pacific Spinal Surgery Devices Market - Type of Device - Spinal Decompression - Facetectomy ($million) (2017 - 2022)
51: Asia Pacific Spinal Surgery Devices Market - Type of Device - Spinal Decompression - Foraminotomy ($million) (2017 - 2022)
52: Asia Pacific Spinal Surgery Devices Market - Type of Device - Spinal Decompression - Laminotomy ($million) (2017 - 2022)
53: Asia Pacific Spinal Surgery Devices Market - Type of Device - Spinal Fusion ($million) (2017 - 2022)
54: Asia Pacific Spinal Surgery Devices Market - Type of Device - Spinal Fusion - Instrumented versus Noninstrumented Spinal Fusion ($million) (2017 - 2022)
55: Asia Pacific Spinal Surgery Devices Market - Type of Device - Spinal Fusion - Cervical Fusion ($million) (2017 - 2022)
56: Asia Pacific Spinal Surgery Devices Market - Type of Device - Spinal Fusion - Interbody Fusion ($million) (2017 - 2022)
57: Asia Pacific Spinal Surgery Devices Market - Type of Device - Spinal Fusion - Lumbar Fusion ($million) (2017 - 2022)
58: Asia Pacific Spinal Surgery Devices Market - Type of Device - Spinal Fusion - Fracture Repair devices ($million) (2017 - 2022)
59: Asia Pacific Spinal Surgery Devices Market - Type of Device - Spinal Fusion - Arthroplasty Devices ($million) (2017 - 2022)
60: Asia Pacific Spinal Surgery Devices Market - Type of Device - Spinal Fusion - Non fusion Devices ($million) (2017 - 2022)
61: Rest of the World Spinal Surgery Devices Market ($million) (2017 - 2022)
62: Rest of the World Spinal Surgery Devices Market - Type of Device - Spinal Decompression ($million) (2017 - 2022)
63: Rest of the World Spinal Surgery Devices Market - Type of Device - Spinal Decompression - Corpectomy ($million) (2017 - 2022)
64: Rest of the World Spinal Surgery Devices Market - Type of Device - Spinal Decompression - Discectomy ($million) (2017 - 2022)
65: Rest of the World Spinal Surgery Devices Market - Type of Device - Spinal Decompression - Facetectomy ($million) (2017 - 2022)
66: Rest of the World Spinal Surgery Devices Market - Type of Device - Spinal Decompression - Foraminotomy ($million) (2017 - 2022)
67: Rest of the World Spinal Surgery Devices Market - Type of Device - Spinal Decompression - Laminotomy ($million) (2017 - 2022)
68: Rest of the World Spinal Surgery Devices Market - Type of Device - Spinal Fusion ($million) (2017 - 2022)
69: Rest of the World Spinal Surgery Devices Market - Type of Device - Spinal Fusion - Instrumented versus Noninstrumented Spinal Fusion ($million) (2017 - 2022)
70: Rest of the World Spinal Surgery Devices Market - Type of Device - Spinal Fusion - Cervical Fusion ($million) (2017 - 2022)
71: Rest of the World Spinal Surgery Devices Market - Type of Device - Spinal Fusion - Interbody Fusion ($million) (2017 - 2022)
72: Rest of the World Spinal Surgery Devices Market - Type of Device - Spinal Fusion - Lumbar Fusion ($million) (2017 - 2022)
73: Rest of the World Spinal Surgery Devices Market - Type of Device - Spinal Fusion - Fracture Repair devices ($million) (2017 - 2022)
74: Rest of the World Spinal Surgery Devices Market - Type of Device - Spinal Fusion - Arthroplasty Devices ($million) (2017 - 2022)
75: Rest of the World Spinal Surgery Devices Market - Type of Device - Spinal Fusion - Non fusion Devices ($million) (2017 - 2022)
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