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.

This report is available at a USD 1,000 discount for a limited time
only:
View
market snapshot before purchasing

Save more with Technavio. Buy 2 reports and get the
third for FREE:
View
all Technavio’s current offers

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
disorders.”

Looking for more information on this market? Request
a free sample report

Technavio’s sample reports are free of charge and contain multiple
sections of the report such as the market size and forecast, drivers,
challenges, trends, and more.

Global spinal surgery devices market
segmentation

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.

 
Technavio’s best deals of the month!

Technavio supports Health for All campaign on this World Health
Day with 20% savings on all reports in the Health
and Wellness
category for the entire month.

OR

Celebrate International Astronomy Day by indulging in a whopping 30%
savings on all reports in the Space
category
. Offer valid from 16th April for a limited period.

 

About Technavio

Technavio
is a leading global technology research and advisory company. Their
research and analysis focuses on emerging market trends and provides
actionable insights to help businesses identify market opportunities and
develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists
of more than 10,000 reports and counting, covering 800 technologies,
spanning across 50 countries. Their client base consists of enterprises
of all sizes, including more than 100 Fortune 500 companies. This
growing client base relies on Technavio’s comprehensive coverage,
extensive research, and actionable market insights to identify
opportunities in existing and potential markets and assess their
competitive positions within changing market scenarios.

If you are interested in more information, please contact our media team
at [email protected].

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US:
+1 844 364 1100
UK: +44 203 893 3200
www.technavio.com

 


Category: BusinessWire, PRAsia

Print This Post

Comments are closed.