FEATURED COMPANIES
- Alphatec Holdings, Inc
- Captiva Spine, Inc.
- Johnson & Johnson
- NuVasive, Inc.
- RTI Surgical, Inc.
- Spine Wave, Inc.
Key Questions Answered in this Report:
- What is the estimated global spinal fusion devices market size in terms of revenue from 2018-2028?
- What are the major market drivers, challenges, and opportunities in the global spinal fusion devices market?
- How is each segment of the global spinal fusion devices market expected to grow during the forecast period, and what revenue is expected to be generated by each of the segments by the end of 2028?
- What are the key developmental strategies implemented by the key players to stand out in this market?
- Which product segment is expected to register the highest CAGR for the spinal fusion devices market during the forecast period?
- Which geographical region is expected to contribute to the highest sales of the spinal fusion devices during the forecast period?
Global Spinal Fusion Devices Market Forecast
The Global Spinal Fusion Devices Industry Analysis projects the market to grow at a significant CAGR of 5.40% during the forecast period of 2019 to 2028. The North America region dominated the global spinal fusion devices market in 2018 by acquiring the largest market share.
The spinal fusion devices market growth is majorly driven by factors such as the increasing prevalence of spinal disorders including spondylolistheses, scoliosis, and spinal stenosis, the growing geriatric population, and the increasing number of spinal surgeries. However, risks and complications associated with spinal fusion surgeries, product recall, increased regulatory scrutiny, and high initial cost and cost of the procedure are some of the restraining factors that are hampering the steady growth of the market.
Expert Quote on the Global Spinal Fusion Devices Market
“North America held the largest market share in 2018 and accounted for over 47.25% of the revenue share owing to the presence of sophisticated healthcare infrastructure and high level of awareness about the treatment of spinal disorders.” However, Asia-Pacific is projected to be the fastest-growing market and is anticipated to grow at a CAGR of over 8.95% from 2019 to 2028. Furthermore, owing to the increasing prevalence of spinal disorders and increasing medical tourism are propelling the growth of the spinal fusion devices in Asia-Pacific”.
Scope of the Market Intelligence on Global Spinal Fusion Devices Market
This research report aims at answering various aspects of the global spinal fusion devices market with the help of key factors driving the market, as well as the restraints and challenges that can possibly inhibit the overall market growth and the current growth opportunities that are likely to shape the future trajectory of the market expansion.
The report includes an in-depth examination of the key ecosystem players and key strategies and developments taking place in this market. In addition, the report includes a study of the market dynamics (market drivers, opportunities, and restrains), industry analysis, patent analysis, vendor analysis, detailed product mapping, and growth share analysis by product and by region.
Market Segmentation
The spinal fusion devices market segmentation (on the basis of product) is further segmented into screw, plates, cages, spacers, and others. The screw segment dominated the global spinal fusion devices market in 2018. The market growth is primarily driven by increasing prevalence of spinal disorders.
The spinal fusion devices market segmentation (on the basis of end-user) is further segmented into hospitals, specialty clinics and ambulatory centers, and others.
The spinal fusion devices market segmentation (on the basis of region) is further segmented into North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa. North America led the global spinal fusion devices market in 2018. Increase in healthcare expenditure, growing geriatric population, the presence of sophisticated healthcare infrastructure, and high level of awareness about the treatment of spinal disorders promote the growth of spinal fusion devices market in North America.
Key Companies in the Global Spinal Fusion Devices Market
The key manufacturers who have been contributing significantly to the global spinal fusion devices market are: Medtronic, Plc, Johnson & Johnson, Stryker Corporation, Zimmer Biomet Holdings, Inc., NuVasive, Inc, Globus Medical Inc., RTI Surgical, Inc, SeaSpine Holdings Corporation, Spine Wave, Inc., Spinal Elements, Orthofix Medical, Inc., and B. Braun Melsungen AG, among others.
FEATURED COMPANIES
- Alphatec Holdings, Inc
- Captiva Spine, Inc.
- Johnson & Johnson
- NuVasive, Inc.
- RTI Surgical, Inc.
- Spine Wave, Inc.
Executive Summary
1 Market Overview
1.1 Introduction of Human Spine
1.2 Spinal Disorders
1.3 Spinal Treatment Options
1.4 Spinal Fusion
1.5 Spinal Fusion Procedures
1.6 Spinal Fusion Devices
1.7 Complications of Spinal Fusion Procedure
1.8 Global Market Scenario
1.9 Assumptions and Limitations
2 Market Dynamics
2.1 Overview
2.2 Impact Analysis
2.3 Market Drivers
2.3.1 Increasing Prevalence of Spinal Disorders
2.3.2 Surge in Number of Spinal Fusion Surgeries
2.3.3 Growing Geriatric Population
2.3.4 Increasing Acceptance of Minimally Invasive Spinal Surgeries
2.3.5 Increasing Rate of Obesity
2.3.6 Increase in Road Accidents, Sports Injuries, and Falls Causing Spinal Disorders
2.3.7 Increasing Medical Tourism Promotes Spinal Surgery
2.4 Market Restraints
2.4.1 Increased Regulatory Scrutiny
2.4.2 Complications and Risks Associated with Spinal Fusion Surgery
2.4.3 Product Recalls
2.4.4 High Initial Cost and Cost of Procedure
2.5 Market Opportunities
2.5.1 Emerging Market Driving the Demand for Spinal Fusion Devices
2.5.2 Technological Advancements in Spinal Surgeries and Implants
2.5.3 Growing Number of Hospitals and Ambulatory Surgical Centers
2.5.4 Continuous Launch of New Products
3 Competitive Landscape
3.1 Key Developments and Strategies
3.1.1 Product Launches, Approvals and Clearances
3.1.2 Agreements, Collaborations, and Partnerships
3.1.3 Mergers and Acquisitions
3.1.4 Expansion and Divestitures
3.2 Market Share Analysis
3.3 Vendor Analysis
3.4 Industry Attractiveness
3.4.1 Bargaining Power of Suppliers
3.4.2 Bargaining Power of Buyer
3.4.3 Threat of New Entrants
3.4.4 Threat of Substitute
3.4.5 Intensity of Competitive Rivalry
4 Industry Insights
4.1 Patent Analysis
4.2 Regulatory Framework
4.2.1 Regulatory Framework in the U.S.
4.2.2 Regulatory Framework in Europe
4.2.3 Regulatory Framework in Asia-Pacific
4.2.3.1 Japan
4.2.3.2 China
5 Global Spinal Fusion Devices Market (by Product)
5.1 Introduction
5.2 Growth Share Analysis
5.3 Screws
5.4 Plates
5.5 Cages
5.6 Pin and Wire
5.7 Rods and Stem
5.8 Hook
5.9 Spacers
6 Global Spinal Fusion Devices Market (by End User)
6.1 Introduction
6.2 Hospital
6.3 Specialty Clinics and Ambulatory Surgical Center
6.4 Others
7 Global Spinal Fusion Devices Market (by Region)
7.1 Introduction
7.2 North America
7.2.1 North America: Spinal Fusion Devices Market (by Product)
7.2.2 North America: Spinal Fusion Devices Market (by End-User)
7.2.3 North America: Spinal Fusion Devices Market (by Country)
7.2.3.1 U.S.
7.2.3.1.1 U.S.: Spinal Fusion Devices Market (by End User)
7.2.3.2 Canada
7.2.3.2.1 Canada: Spinal Fusion Devices Market (by End-User)
7.3 Europe
7.3.1 Europe: Spinal Fusion Devices Market (by Product)
7.3.2 Europe: Spinal Fusion Devices Market (by End-User)
7.3.3 Europe: Spinal Fusion Devices Market (by Country)
7.3.3.1 Germany
7.3.3.1.1 Germany: Spinal Fusion Devices Market (by End-User)
7.3.3.2 France
7.3.3.2.1 France: Spinal Fusion Devices Market (by End User)
7.3.3.3 Italy
7.3.3.3.1 Italy: Spinal Fusion Devices Market (by End-User)
7.3.3.4 U.K.
7.3.3.4.1 U.K.: Spinal Fusion Devices Market (by End User)
7.3.3.5 Spain
7.3.3.5.1 Spain: Spinal Fusion Devices Market (by End User)
7.3.3.6 Rest-of-Europe
7.3.3.6.1 Rest-of-Europe: Spinal Fusion Devices Market (by End-User)
7.4 Asia-Pacific
7.4.1 Asia-Pacific: Spinal Fusion Devices Market (by Product)
7.4.2 Asia-Pacific: Spinal Fusion Devices Market (by End User)
7.4.3 Asia-Pacific: Spinal Fusion Devices Market (by Country)
7.4.3.1 Japan
7.4.3.1.1 Japan: Spinal Fusion Devices Market (by End-User)
7.4.3.2 China
7.4.3.2.1 China: Spinal Fusion Devices Market (by End User)
7.4.3.3 India
7.4.3.3.1 India: Spinal Fusion Devices Market (by End User)
7.4.3.4 South Korea
7.4.3.4.1 South Korea: Spinal Fusion Devices Market (by End-User)
7.4.3.5 Australia
7.4.3.5.1 Australia: Spinal Fusion Devices Market (by End-User)
7.4.3.6 Rest-of-Asia-Pacific
7.4.3.6.1 Rest-of-Asia-Pacific: Spinal Fusion Devices Market (by End User)
7.5 Latin America
7.5.1 Latin America: Spinal Fusion Devices Market (by Product)
7.5.2 Latin America: Spinal Fusion Devices Market (by End User)
7.5.3 Latin America: Spinal Fusion Devices Market (by Country)
7.5.3.1 Brazil
7.5.3.1.1 Brazil: Spinal Fusion Devices Market (by End User)
7.5.3.2 Mexico
7.5.3.2.1 Mexico: Spinal Fusion Devices Market (by End User)
7.5.3.3 Rest-of-Latin America
7.5.3.3.1 Rest-of-Latin America: Spinal Fusion Devices Market (by End-User)
7.6 Middle East and Africa
7.6.1 Middle East and Africa: Spinal Fusion Devices Market (by Product)
7.6.2 Middle East and Africa: Spinal Fusion Devices Market (by End User)
8 Company Profiles
8.1 Overview
8.2 Alphatec Holdings, Inc
8.2.1 Company Overview
8.2.2 Financials
8.2.3 Role of Alphatec Holdings, Inc. in the Spinal Fusion Devices Market
8.2.4 SWOT Analysis
8.3 B. Braun Melsungen AG
8.3.1 Company Overview
8.3.2 Financials
8.3.3 Role of B. Braun Melsungen AG in the Spinal Fusion Devices Market
8.3.4 SWOT Analysis
8.4 Captiva Spine, Inc.
8.4.1 Company Overview
8.4.2 Role of Captiva Spine, Inc. in the Spinal Fusion Devices Market
8.4.3 SWOT Analysis
8.5 Globus Medical, Inc.
8.5.1 Company Overview
8.5.2 Financials
8.5.3 Role of Globus Medical, Inc. in Spinal Fusion Devices Market
8.5.4 SWOT Analysis
8.6 Johnson & Johnson
8.6.1 Company Overview
8.6.2 Financials
8.6.3 Role of Johnson & Johnson in Spinal Fusion Devices Market
8.6.4 SWOT Analysis
8.7 Medtronic, Plc.
8.7.1 Company Overview
8.7.2 Financials
8.7.3 Role of Medtronic Plc in the Spinal Fusion Devices Market
8.7.4 SWOT Analysis
8.8 NuVasive, Inc.
8.8.1 Company Overview
8.8.2 Financials
8.8.3 Role of NuVasive, Inc. in the Spinal Fusion Devices Market
8.8.4 SWOT Analysis
8.9 Orthofix Medical, Inc.
8.9.1 Company Overview
8.9.2 Financials
8.9.3 Role of Orthofix Medical, Inc. in the Spinal Fusion Devices Market
8.9.4 SWOT Analysis
8.10 RTI Surgical, Inc.
8.10.1 Company Overview
8.10.2 Financials
8.10.3 Role of RTI Surgical, Inc. in the Spinal Fusion Devices Market
8.10.4 SWOT Analysis
8.11 Stryker Corporation
8.11.1 Company Overview
8.11.2 Financials
8.11.3 Role of Stryker Corporation in the Spinal Fusion Devices Market
8.11.4 SWOT Analysis
8.12 SeaSpine Holdings Corporation
8.12.1 Company Overview
8.12.2 Financials
8.12.3 Role of SeaSpine Holdings Corporation in the Spinal Fusion Devices Market
8.12.4 SWOT Analysis
8.13 Spinal Elements
8.13.1 Company Overview
8.13.2 Role of Spinal Elements in the Spinal Fusion Devices Market
8.13.3 SWOT Analysis
8.14 Spine Wave, Inc.
8.14.1 Company Overview
8.14.2 Role of Spine Wave Inc. in the Spinal Fusion Devices Market
8.14.3 SWOT Analysis
8.15 Spineology, Inc.
8.15.1 Company Overview
8.15.2 Role of Spineology, Inc. in the Spinal Fusion Devices Market
8.15.3 SWOT Analysis
8.16 Xtant Medical Holdings, Inc.
8.16.1 Company Overview
8.16.2 Financials
8.16.3 Role of Xtant Medical Holdings, Inc. in the Spinal Fusion Devices Market
8.16.4 SWOT Analysis
8.17 Zimmer Biomet Holdings Inc.
8.17.1 Company Overview
8.17.2 Financials
8.17.3 Role of Zimmer Biomet Holdings Inc. in the Spinal Fusion Devices Market
8.17.4 SWOT Analysis
9 Research Scope and Methodology
9.1 Report Scope
9.2 Research Methodology
List of Tables
Table 1: Global Spinal Fusion Devices Market
Table 2.1: Impact Analysis of Market Drivers
Table 2.2: Impact Analysis of Market Restraints
Table 2.3: Global Prevalence of Low Back Pain and Neck Pain, 2014-2017
Table 2.4: Primary Diagnosis of Spinal Fusion Procedures in the U.S., 2011
Table 2.5: Percentage of Prevalence of Obesity among Adults in Different Countries, 2010, 2013, and 2016
Table 2.6: Global Prevalence of Fall and Road Injuries, 2014-2017
Table 2.7: Cost of Spinal Fusion Surgery in Various Countries
Table 2.8: Some of the Product Recalls of Spinal Fusion Devices by FDA
Table 2.9: Healthcare Expenditure (% of GDP) in Various Developing Countries
Table 2.10: Recent Product Launches of Spinal Fusion Devices
Table 4.1: Some of the Recent Patents of Spinal Fusion Devices
Table 4.2: List of Major Associations and Societies across the World
Table 5.1: Some of the Clinical Studies Undergoing of Screw for Spinal Fusion
Table 5.2: Some of the Clinical Studies Undergoing of Plate for Spinal Fusion
Table 5.3: Some of the Clinical Studies Undergoing of Cage for Spinal Fusion
Table 5.4: Some of the Clinical studies Undergoing of Rods for Spinal Fusion
Table 5.5: Some of the Clinical studies Undergoing of Spacers for Spinal Fusion
Table 7.1: North America Prevalence of Low Back Pain, Neck Pain, Fall, and Road Injuries, 2014-2017
Table 7.2: U.S. Prevalence of Low Back Pain, Neck Pain, Fall, and Road Injuries, 2014-2017
Table 7.3: Canada Prevalence of Low Back Pain, Neck Pain, Fall, and Road Injuries, 2014-2017
Table 7.4: Europe Prevalence of Low Back Pain, Neck Pain, Fall, and Road Injuries, 2014-2017
Table 7.5: Germany Prevalence of Low Back Pain, Neck Pain, Fall, and Road Injuries, 2014-2017
Table 7.6: France Prevalence of Low Back Pain, Neck Pain, Fall, and Road Injuries, 2014-2017
Table 7.7: Italy Prevalence of Low Back Pain, Neck Pain, Fall, and Road Injuries, 2014-2017
Table 7.8: U.K. Prevalence of Low Back Pain, Neck Pain, Fall, and Road Injuries, 2014-2017
Table 7.9: Spain Prevalence of Low Back Pain, Neck Pain, Fall, and Road Injuries, 2014-2017
Table 7.10: Japan Prevalence of Low Back Pain, Neck Pain, Fall, and Road Injuries, 2014-2017
Table 7.11: China Prevalence of Low Back Pain, Neck Pain, Fall, and Road Injuries, 2014-2017
Table 7.12: India Prevalence of Low Back Pain, Neck Pain, Fall, and Road Injuries, 2014-2017
Table 7.13: South Korea Prevalence of Low Back Pain, Neck Pain, Fall, and Road Injuries, 2014-2017
Table 7.14: Australia Prevalence of Low Back Pain, Neck Pain, Fall, and Road Injuries, 2014-2017
Table 7.15: Latin America Prevalence of Low Back Pain, Neck Pain, Fall, and Road Injuries, 2014-2017
Table 7.16: Brazil Prevalence of Low Back Pain, Neck Pain, Fall, and Road Injuries, 2014-2017
Table 7.17: Mexico Prevalence of Low Back Pain, Neck Pain, Fall, and Road Injuries, 2014-2017
List of Figures
Figure 1: Share of Key Developments and Strategies, January 2015- May 2019
Figure 2: Market Share Analysis, by Company, 2018
Figure 3: Global Spinal Fusion Devices Market Share (by Product), 2018 and 2028
Figure 4: Global Spinal Fusion Devices Market (by End User), 2018 and 2028
Figure 5: Global Spinal Fusion Devices Market (by Region), 2018 and 2028
Figure 1.1: Segmentation of Spinal Fusion Devices Market
Figure 1.2: Global Spinal Fusion Devices Market, 2018-2028
Figure 2.1: Market Dynamics
Figure 2.2: Geriatric Population (60 years and above) Worldwide in Different Regions, 2000, 2015, 2030, and 2050
Figure 2.3: Complications due to Poorly Placed Screws
Figure 2.4: Trend of Product Launches and Approvals of Spinal Fusion Device, January 2015 to May 2019
Figure 3.1: Competitive Landscape (January 2015-May 2019)
Figure 3.2: Share of Key Developments and Strategies, January 2015-May 2019
Figure 3.3: Product Launches, Approvals and Clearances (by Company), January 2012- May 2019
Figure 3.4: Agreements, Collaborations, and Partnerships (by Company), January 2012-May 2019
Figure 3.5: Acquisitions and Mergers (by Company), January 2012-May 2019
Figure 3.6: Divestitures and Business Expansion (by Company), January 2012-May 2019
Figure 3.7: Market Share Analysis, by Company, 2018
Figure 3.8: Vendor Analysis of Spinal Fusion Devices Market
Figure 3.9: Industry Attractiveness (Porter’s Five Force Analysis)
Figure 3.10: Bargaining Power of Suppliers: Overall Impact
Figure 3.11: Bargaining Power of Buyers: Overall Impact
Figure 3.12: Threat of New Entrant: Overall Impact
Figure 3.13: Threat of Substitute: Overall Impact
Figure 3.14: Intensity of Competitive Rivalry: Overall Impact
Figure 4.1: Share of Patents (by Ownership), 2015-2018
Figure 5.1: Segmentation of Spinal Fusion Devices Market, by Product
Figure 5.2: Global Spinal Fusion Devices Market, by Product, Market Share 2018
Figure 5.3: Growth Share Matrix for Global Spinal Fusion Devices Market, by Products, 2018
Figure 5.4: Screw in the Global Spinal Fusion Devices Market, 2018-2028
Figure 5.5: Screw Spinal Fusion Devices Market, (by Region), 2018-2028
Figure 5.6: Plate in the Global Spinal Fusion Devices Market, 2018-2028
Figure 5.7: Plate Spinal Fusion Devices Market, (by Region), 2018-2028
Figure 5.8: Cage in the Global Spinal Fusion Devices Market, 2018-2028
Figure 5.9: Cage Spinal Fusion Devices Market, (by Region), 2018-2028
Figure 5.10: Pin and Wire in the Global Spinal Fusion Devices Market, 2018-2028
Figure 5.11: Pin and Wire Spinal Fusion Devices Market, (by Region), 2018-2028
Figure 5.12: Rod and Stem in the Global Spinal Fusion Devices Market, 2018-2028
Figure 5.13: Rod and Stem Spinal Fusion Devices Market, (by Region), 2018-2028
Figure 5.14: Hook in the Global Spinal Fusion Devices Market, 2018-2028
Figure 5.15: Hook Spinal Fusion Devices Market, (by Region), 2018-2028
Figure 5.16: Spacer in the Global Spinal Fusion Devices Market, 2018-2028
Figure 5.17: Spacer Spinal Fusion Devices Market, (by Region), 2018-2028
Figure 6.1: Segmentation of Spinal Fusion Devices Market, by End User
Figure 6.2: Global Spinal Fusion Devices Market (by End User), 2018 and 2028
Figure 6.3: Global Spinal Fusion Devices Market (by Hospital), 2018-2028
Figure 6.4: Global Spinal Fusion Devices Market (by Specialty Clinics and Ambulatory Surgical Center), 2018-2028
Figure 6.5: Global Spinal Fusion Devices Market (by Others), 2018-2028
Figure 7.1: Global Spinal Fusion Devices Market (by Region), 2018 and 2028
Figure 7.2: The Common Causes of Spinal Cord Injury in the U.S. since 2015
Figure 7.3: North America Spinal Fusion Devices Market, 2018-2028
Figure 7.4: North America: Market Dynamics
Figure 7.5: North America: Spinal Fusion Devices Market (by Product), 2018-2028
Figure 7.6: North America: Spinal Fusion Devices Market (by End User), 2018-2028
Figure 7.7: North America Spinal Fusion Devices Market (by Country)
Figure 7.8: Trend of Spinal Fusion Procedures, U.S., 1998-2011
Figure 7.9: U.S. Spinal Fusion Devices Market, 2018-2028
Figure 7.10: U.S.: Spinal Fusion Devices Market (by End User), 2018-2028
Figure 7.11: Canada Spinal Fusion Devices Market, 2018-2028
Figure 7.12: Canada: Spinal Fusion Devices Market (by End User), 2018-2028
Figure 7.13: DALYs caused by Low Back Pain by Age Group and European Region, 2017
Figure 7.14: Europe Spinal Fusion Devices Market, 2018-2028
Figure 7.15: Europe: Market Dynamics
Figure 7.16: Europe: Spinal Fusion Devices Market (by Product), 2018-2028
Figure 7.17: Europe: Spinal Fusion Devices Market (by End User), 2018-2028
Figure 7.18: Europe: Spinal Fusion Devices Market (by Country), 2018-2028
Figure 7.19: Germany Spinal Fusion Devices Market, 2018-2028
Figure 7.20: Germany: Spinal Fusion Devices Market (by End User), 2018-2028
Figure 7.21: France Spinal Fusion Devices Market, 2018-2028
Figure 7.22: France: Spinal Fusion Devices Market (by End User), 2018-2028
Figure 7.23: Italy Spinal Fusion Devices Market, 2018-2028
Figure 7.24: Italy: Spinal Fusion Devices Market (by End User), 2018-2028
Figure 7.25: U.K. Spinal Fusion Devices Market, 2018-2028
Figure 7.26: U.K.: Spinal Fusion Devices Market (by End User), 2018-2028
Figure 7.27: Spain Spinal Fusion Devices Market, 2018-2028
Figure 7.28: Spain: Spinal Fusion Devices Market (by End User), 2018-2028
Figure 7.29: Rest-of-Europe Spinal Fusion Devices Market, 2018-2028
Figure 7.30: Rest-of-Europe: Spinal Fusion Devices Market (by End User), 2018-2028
Figure 7.31: Portion of Total Population Aged 60 Years and above, 2016 and 2050
Figure 7.32: Asia-Pacific Spinal Fusion Devices Market, 2018-2028
Figure 7.33: Asia-Pacific: Market Dynamics
Figure 7.34: Asia-Pacific: Spinal Fusion Devices Market (by Product), 2018-2028
Figure 7.35: Asia-Pacific: Spinal Fusion Devices Market (by End User), 2018-2028
Figure 7.36: Asia-Pacific Spinal Fusion Devices Market by Country
Figure 7.37: Japan Spinal Fusion Devices Market, 2018-2028
Figure 7.38: Japan: Spinal Fusion Devices Market (by End User), 2018-2028
Figure 7.39: China Spinal Fusion Devices Market, 2018-2028
Figure 7.40: China: Spinal Fusion Devices Market (by End User), 2018-2028
Figure 7.41: India Spinal Fusion Devices Market, 2018-2028
Figure 7.42: India: Spinal Fusion Devices Market (by End User), 2018-2028
Figure 7.43: South Korea Spinal Fusion Devices Market, 2018-2028
Figure 7.44: South Korea: Spinal Fusion Devices Market (by End User), 2018-2028
Figure 7.45: Prevalence of Back Problem by Age and Gender in Australia, 2014-2015
Figure 7.46: Major Back Problem Hospitalization in Australia, 2015-16
Figure 7.47: Australia Spinal Fusion Devices Market, 2018-2028
Figure 7.48: Australia: Spinal Fusion Devices Market (by End User), 2018-2028
Figure 7.49: Rest-of-Asia-Pacific Spinal Fusion Devices Market, 2018-2028
Figure 7.50: Rest-of-Asia-Pacific: Spinal Fusion Devices Market (by End User), 2018-2028
Figure 7.51: Latin America Spinal Fusion Devices Market, 2018-2028
Figure 7.52: Latin America: Market Dynamics
Figure 7.53: Latin America: Spinal Fusion Devices Market (by Product), 2018-2028
Figure 7.54: Latin America: Spinal Fusion Devices Market (by End User), 2018-2028
Figure 7.55: Latin America Spinal Fusion Devices Market by Country
Figure 7.56: Brazil Spinal Fusion Devices Market, 2018-2028
Figure 7.57: Brazil: Spinal Fusion Devices Market (by End User), 2018-2028
Figure 7.58: Mexico Spinal Fusion Devices Market, 2018-2028
Figure 7.59: Mexico: Spinal Fusion Devices Market (by End User), 2018-2028
Figure 7.60: Rest-of-Latin America Spinal Fusion Devices Market, 2018-2028
Figure 7.61: Rest-of-Latin America: Spinal Fusion Devices Market (by End User), 2018-2028
Figure 7.62: Middle East and Africa Spinal Fusion Devices Market, 2018-2028
Figure 7.63: Middle East and Africa: Market Dynamics
Figure 7.64: Middle East and Africa: Spinal Fusion Devices Market (by Product), 2018-2028
Figure 7.65: Middle East and Africa: Spinal Fusion Devices Market (by End User), 2018-2028
Figure 8.1: Total Number of Companies Profiles
Figure 8.2: Alphatec Holdings Inc. - Overall Financials, 2016-2018
Figure 8.3: Alphatec Holdings Inc. - Research and Development Expense, 2016-2018
Figure 8.4: Alphatec Holdings Inc. – Product Portfolio for Spinal Fusion Devices Market
Figure 8.5: SWOT Analysis – Alphatec Holdings Inc.
Figure 8.6: B. Braun Melsungen AG - Overall Financials, 2016-2018
Figure 8.7: B. Braun Melsungen AG - Revenue (by Division), 2016-2018
Figure 8.8: B. Braun Melsungen AG - Revenue (by Region), 2016-2018
Figure 8.9: B. Braun Melsungen AG - Research and Development Expense, 2016-2018
Figure 8.10: B. Braun Melsungen AG – Product Portfolio for Spinal Fusion Devices Market
Figure 8.11: SWOT Analysis – B. Braun Melsungen AG
Figure 8.12: Captiva Spine, Inc. - Product Portfolio for Spinal Fusion Devices Market
Figure 8.13: SWOT Analysis – Captiva Spine, Inc.
Figure 8.14: Globus Medical, Inc. - Overall Financials, 2016-2018
Figure 8.15: Globus Medical, Inc. - Revenue (by Region), 2016-2018
Figure 8.16: Globus Medical, Inc. - Research and Development Expense, 2016-2018
Figure 8.17: Globus Medical, Inc. – Product Portfolio for Spinal Fusion Devices Market
Figure 8.18: SWOT Analysis – Globus Medical, Inc.
Figure 8.19: Johnson & Johnson - Overall Financials, 2016-2018
Figure 8.20: Johnson & Johnson - Revenue (by Segment), 2016-2018
Figure 8.21: Johnson & Johnson - Revenue (by Region), 2016-2018
Figure 8.22: Johnson & Johnson - Research and Development Expense, 2016-2018
Figure 8.23: Johnson & Johnson – Product Portfolio for Spinal Fusion Devices Market
Figure 8.24: SWOT Analysis – Johnson & Johnson
Figure 8.25: Medtronic Plc - Overall Financials, 2016-2018
Figure 8.26: Medtronic Plc - Revenue (by Segment), 2016-2018
Figure 8.27: Medtronic Plc - Revenue (by Region), 2016-2018
Figure 8.28: Medtronic Plc - Research and Development Expense, 2016-2018
Figure 8.29: Medtronic Plc – Product Portfolio for Spinal Fusion Devices Market
Figure 8.30: SWOT Analysis – Medtronic Plc
Figure 8.31: NuVasive, Inc. - Overall Financials, 2016-2018
Figure 8.32: NuVasive, Inc. - Revenue (by Segment), 2016-2018
Figure 8.33: NuVasive, Inc. - Revenue (by Region), 2016-2018
Figure 8.34: NuVasive, Inc. - Research and Development Expense, 2016-2018
Figure 8.35: NuVasive, Inc. – Product Portfolio for Spinal Fusion Devices Market
Figure 8.36: SWOT Analysis – NuVasive, Inc.
Figure 8.37: Orthofix Medical, Inc. - Overall Financials, 2016-2018
Figure 8.38: Orthofix Medical, Inc. - Revenue (by Segment), 2016-2018
Figure 8.39: Orthofix Medical, Inc. - Research and Development Expense, 2016-2018
Figure 8.40: Orthofix Medical, Inc. – Product Portfolio for Spinal Fusion Devices Market
Figure 8.41: SWOT Analysis – Orthofix Medical, Inc.
Figure 8.42: RTI Surgical, Inc. - Overall Financials, 2016-2018
Figure 8.43: RTI Surgical, Inc. - Revenue (by Segment), 2016-2018
Figure 8.44: RTI Surgical, Inc. - Research and Development Expense, 2016-2018
Figure 8.45: RTI Surgical, Inc. – Product Portfolio for Spinal Fusion Devices Market
Figure 8.46: SWOT Analysis – RTI Surgical, Inc.
Figure 8.47: Stryker Corporation - Overall Financials, 2016-2018
Figure 8.48: Stryker Corporation - Revenue (by Segment), 2016-2018
Figure 8.49: Stryker Corporation - Revenue (by Region), 2016-2018
Figure 8.50: Stryker Corporation - Research and Development Expense, 2016-2018
Figure 8.51: Stryker Corporation - Product Portfolio for Spinal Fusion Devices Market
Figure 8.52: SWOT Analysis – Stryker Corporation
Figure 8.53: SeaSpine Holdings Corporation - Overall Financials, 2016-2018
Figure 8.54: SeaSpine Holdings Corporation - Revenue (by Segment), 2016-2018
Figure 8.55: SeaSpine Holdings Corporation - Revenue (by Region), 2016-2018
Figure 8.56: SeaSpine Holdings Corporation - Research and Development Expense, 2016-2018
Figure 8.57: SeaSpine Holdings, Corporation - Product Portfolio for Spinal Fusion Devices Market
Figure 8.58: SWOT Analysis – SeaSpine Holdings Corporation
Figure 8.59: Spinal Elements. - Product Portfolio for Spinal Fusion Devices Market
Figure 8.60: SWOT Analysis – Spinal Elements
Figure 8.61: Spine Wave, Inc. - Product Portfolio for Spinal Fusion Devices Market
Figure 8.62: SWOT Analysis – Spine Wave, Inc.
Figure 8.63: Spineology, Inc. - Product Portfolio for Spinal Fusion Devices Market
Figure 8.64: SWOT Analysis – Spineology, Inc.
Figure 8.65: Xtant Medical Holdings, Inc. - Overall Financials, 2016-2018
Figure 8.66: Xtant Medical Holdings, Inc. - Revenue (by Segment), 2018
Figure 8.67: Xtant Medical Holdings, Inc. - Revenue (by Region), 2016-2018
Figure 8.68: Xtant Medical Holdings, Inc. - Research and Development Expense, 2016-2018
Figure 8.69: Xtant Medical Holdings, Inc. - Product Portfolio for Spinal Fusion Devices Market
Figure 8.70: SWOT Analysis – Xtant Medical Holdings, Inc.
Figure 8.71: Zimmer Biomet Holdings Inc. - Overall Financials, 2016-2018
Figure 8.72: Zimmer Biomet Holdings Inc. - Revenue (by Segment), 2016-2018
Figure 8.73: Zimmer Biomet Holdings Inc. - Revenue (by Region), 2016-2018
Figure 8.74: Zimmer Biomet Holdings Inc. - Research and Development Expense, 2016-2018
Figure 8.75: Zimmer Biomet Holdings Inc. – Product Portfolio for Spinal Fusion Devices Market
Figure 8.76: SWOT Analysis – Zimmer Biomet Holdings Inc.
Figure 9.1: Global Spinal Fusion Devices: Market Segmentation
Figure 9.2: Spinal Fusion Devices Market Research Methodology
Figure 9.3: Primary Research
Figure 9.4: Secondary Research
Figure 9.5: Data Triangulation
Figure 9.6: Top-Down Approach (Segment-Wise Analysis)
Figure 9.7: Bottom-Up Approach (Segment-Wise Analysis)
Figure 9.8: Assumptions and Limitations
Figure 9.9: Considered Factors for Data Prediction and Modelling
FEATURED COMPANIES
- Alphatec Holdings, Inc
- Captiva Spine, Inc.
- Johnson & Johnson
- NuVasive, Inc.
- RTI Surgical, Inc.
- Spine Wave, Inc.
According to this market intelligence report, titled “Global Spinal Fusion Devices Market - Analysis and Forecast, 2018-2028”, the global spinal fusion devices market was amounted to $7,519.2 million in 2018, and is estimated to grow over $12,728.6 million by 2028. The global spinal fusion devices market is expected to grow at a single-digit compound annual growth rate between the years 2019 and 2028, primarily driven by the increasing prevalence of spinal disorders. Growing geriatric population further leading to spinal degeneration and increase in the incidence of fall, is further bolstering the spinal fusion devices market.
Modern lifestyle has resulted in increasing physical inactivity among people, globally. Among various medical problems associated with physical inactivity, spinal disorders are the most critical. Spinal disorders are considered one of the primary causes of disability across the world, resulting in a substantial burden on the healthcare industry. Spinal fusion surgery is an established and widely adopted procedure for the treatment of low back pain.
Low back pain in the elderly population is due to age-related changes in the lumbar spine structure and these changes are further associated with the lifestyle of the patient. Spine fractures are one of the common injuries occurring due to fall in the geriatric population.
Moreover, technological evolution in the medical industry has given rise to a number of minimally invasive procedures for spinal surgeries. With minimally invasive techniques, patients are offered an option safer than open surgeries.
However, along with the benefits of spinal fusion surgery, are attached to the complications and risks associated with the spinal fusion surgery. Moreover, due to the higher demand for better and safer medical devices, the regulations on the device market have increased. This has led to challenges for the entry of products into the major U.S. and European markets as well as in the emerging market.
Research Highlights:
- Majority of companies i.e., NuVasive, Inc., Globus Medical, and SeaSpine Holdings Corporation are launching novel products into the market and sustaining the competition through the development of a wide range of products in the spinal fusion devices market.
- Companies i.e. Medtronic, Plc and Stryker Corporation are acquiring companies to improve their position in the spine market and to improve their product portfolio and global presence.
- Medtronic plc signed a definitive agreement to acquire Titan Spine, to alter spinal procedures and improve procedural solutions.
- Globus Medical, Inc. partnered with the Society of Lateral Access Surgery’s (SOLAS), to support key educational and research initiatives to advance lateral access surgery.
- APAC region, for spinal fusion devices, is expected to grow at a CAGR of 8.95% during the forecast period as this region is highly populated and its geriatric population is increasing, further leading to an increase in the medical tourism.
This market intelligence report provides a multidimensional view of the global spinal fusion devices market in terms of market size and growth potential. This research report aims at answering various aspects of the global spinal fusion devices market with the help of key factors driving the market, restraining factors that can possibly inhibit the overall market growth, and the current growth opportunities that are expected to shape the future trajectory of the market expansion.
Furthermore, the competitive landscape chapter in the report explicates the competitive nature of the global market and enables the reader to get acquainted with the recent market activities, such as product launches, partnerships, collaborations, business expansions as well as mergers and acquisitions, among others. The research report provides a comprehensive analysis of the trend analysis by product and end-user analysis by geographical regions.
This report is a meticulous compilation of research on more than 50 players in the market ecosystem and draws upon insights from in-depth interviews with the key opinion leaders of more than 30 leading companies, market participants, and vendors. The report also profiles 16 key companies, including Medtronic, Plc, Johnson & Johnson, Stryker Corporation, Zimmer Biomet Holdings, Inc., NuVasive, Inc, Globus Medical Inc., RTI Surgical, Inc, SeaSpine Holdings Corporation, Spine Wave, Inc., Spinal Elements, Orthofix Medical, Inc., and B. Braun Melsungen AG.
- Alphatec Holdings, Inc
- B. Braun Melsungen AG
- Captiva Spine, Inc.
- Globus Medical, Inc.
- Johnson & Johnson
- Medtronic, Plc.
- NuVasive, Inc.
- Orthofix Medical, Inc.
- RTI Surgical, Inc.
- SeaSpine Holdings Corporation
- Spinal Elements
- Spine Wave, Inc.
- Stryker Corporation
- Xtant Medical Holdings, Inc.
- Zimmer Biomet Holdings Inc.
