Global Spinal Surgery Devices Market – Increasing Prevalence of Spinal Disorders to Boost Growth | Technavio

21-Apr-2018 Intellasia | BusinessWire | 1:54 AM Print This Post

LONDON–(BUSINESS WIRE)–#MedicalDevices–Technavio’s latest market research report on the global
spinal surgery devices market
provides an analysis of the
most important trends expected to impact the market outlook from
2018-2022. Technavio
defines an emerging trend as a factor that has the potential to
significantly impact the market and contribute to its growth or decline.

According to Technavio market research analysts, the global spinal
surgery devices market will grow at a CAGR of over 3% during the
forecast period. The growing incidence of spinal disorders is a major
factor driving the market’s growth.

The increasing prevalence of spinal disorders such as cervical
spondylitis, DDD, excessive kyphosis, prolapsed intervertebral disc,
spinal stenosis, herniated disc and vertebral fracture globally drives
the global spinal surgery devices market. In most of these cases,
surgery is the most effective treatment option.

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In this report, Technavio highlights the increase in demand for spine
biologics as one of the key emerging trends in the global spinal surgery
devices market:

Increase in demand for spine biologics

Biologics are materials that alter the surrounding environment and
affect the change in the environment through an active biological
process that increases the cellular activity, differentiation, and
growth. The popularity of biologics in spine fusion and spinal surgeries
is increasing. Biologic materials are highly efficient and help in
achieving successful arthrodesis. Pedicle screws and rods are often used
in spine fusion surgeries. They help in providing spinal stabilization.
However, they do not typically activate cellular growth, unlike biologic
materials that attract more cells at the fusion site and actively
increase bone formation and stimulate spinal fusion.

According to a senior analyst at Technavio for orthopedics
and medical devices
research, “Vendors are investing
in research and designing novel biologic materials that can be helpful
in restoring the normal spine function. For instance, NuVasive’s
biologics portfolio includes integrated allogenic bone graft
substitutes, extenders, ceramic, and synthetic bone grafts that are
helpful in promoting bone fusion. Alphatec Spine offers Neocore
Osteoconductive Matrix, a synthetic scaffold (β-TCP and collagen) that
provides an effective core environment for bone growth. Similarly, stem
cells have become a feasible option for future treatment of spinal

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Global spinal surgery devices market

This market research report segments the global
spinal surgery devices market
by product (implants and
instrumentation and spine biologics), by method (spinal fusion devices
and spinal non-fusion devices), by procedure (open surgery and MIS), by
end-user (hospitals, ASCs, and specialty orthopedic centers), and key
regions (the Americas, APAC, and EMEA).

In 2017, the global spinal surgery devices market was dominated by the
Americas with a market share of 72%, followed by EMEA and APAC. The US
was a major revenue generator in the Americas. The driving factor for
growth in the Americas is the increasing incidence of spinal disorders
such as herniated discs, DDD, spondylolisthesis, prolapsed
intervertebral disc, spinal stenosis, and osteoarthritis.

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