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South Africa Spinal Surgery Devices Market- Growth, Trends, and Forecast (2020 - 2025)

  • ID: 4997199
  • Report
  • March 2020
  • Region: South Africa
  • 70 Pages
  • Mordor Intelligence

FEATURED COMPANIES

  • Globus Medical Inc.
  • Johnson and Johnson
  • Marcus Medical
  • Medtronic PLC
  • Orthofix Holdings Inc.
  • Styker Corporation
The South Africa spinal surgery devices market will show a rapid growth due to increasing incidences of degenerative spinal conditions and technological advances in spinal surgery.

The major factors driving the growth of the market in South Africa are the increasing cases of spinal injuries and the presence of organizations, such as SASCA and South African Spine Society. The South African Spine Society is an independent professional organization of medical and complementary health personnel that helps to promote continuing medical education for healthcare professionals and disseminate knowledge on spine-related disorders. Thus, the presence of this type of organizations is expected to create awareness among the population.

There are also various technological advances that have been done in the spinal surgeries since the last decade. The recent advancements include spinal navigation technology that allows surgeons to place the spinal instrumentation accurately and perform the decompression procedure. These technological advancements and adoption of novel technologies is increasing in South Africa, which is driving the spinal surgery devices market.

Key Market Trends

Spinal Fusion is Expected to Hold its Highest Market Share in the Device Type Segment

The spinal fusion devices in the market provide conventional, yet effective treatments to patients suffering from lumbar spinal stenosis, along with alternative advanced treatments for decompression spine surgery. The major market players manufacture both anterior and posterior dynamic stabilization devices for the lumbar spine. Moreover, many clinical trials are in the process for further development. This factor is likely to offer various benefits to the market studied.

Competitive Landscape

The South Africa spinal surgery devices market is moderately competitive and consists of several major players. Moreover, with increasing technological advancements and product innovations, mid-size to smaller companies are increasing their market presence by introducing new technologies with better usability.

Reasons to Purchase this report:
  • The market estimate (ME) sheet in Excel format.
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Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Globus Medical Inc.
  • Johnson and Johnson
  • Marcus Medical
  • Medtronic PLC
  • Orthofix Holdings Inc.
  • Styker Corporation

1 INTRODUCTION
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
2 RESEARCH METHODOLOGY3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.2.1 Increasing Cases of Spinal Injuries
4.2.2 Technological Advances in Spinal Surgery
4.3 Market Restraints
4.3.1 Stringent Regulatory Process for New Product Approval
4.4 Porter's Five Force Analysis
4.4.1 Threat of New Entrants
4.4.2 Bargaining Power of Buyers/Consumers
4.4.3 Bargaining Power of Suppliers
4.4.4 Threat of Substitute Products
4.4.5 Intensity of Competitive Rivalry
5 MARKET SEGMENTATION
5.1 By Device Type
5.1.1 Spinal Decompression
5.1.1.1 Corpectomy
5.1.1.2 Discectomy
5.1.1.3 Laminotomy
5.1.1.4 Others
5.1.2 Spinal Fusion
5.1.2.1 Cervical Fusion
5.1.2.2 ThoracoLumbar Fusion
5.1.2.3 Other Spinal Fusions
5.1.3 Fracture Repair Devices
5.1.4 Others
6 COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 Medtronic PLC
6.1.2 Styker Corporation
6.1.3 Johnson and Johnson
6.1.4 Globus Medical Inc.
6.1.5 Orthofix Holdings Inc.
6.1.6 Zimmer Biomet Inc.
6.1.7 Marcus Medical
7 MARKET OPPORTUNITIES AND FUTURE TRENDS
Note: Product cover images may vary from those shown

A selection of companies mentioned in this report includes:

  • Medtronic PLC
  • Styker Corporation
  • Johnson and Johnson
  • Globus Medical Inc.
  • Orthofix Holdings Inc.
  • Zimmer Biomet Inc.
  • Marcus Medical
Note: Product cover images may vary from those shown

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