Spinal Implants Market Analysis and Size:

As per recent research by MarkNtel Advisors, the Global Spinal Implants Market size was valued at USD 10.6 billion in 2023 and is estimated to grow at a CAGR of around 6.1% during the forecast period, i.e., 2024-30.

Market Drivers : Rising Prevalence of Spinal Disorders to Elevate the Demand Graph –

Driven by age & degenerative causes such as osteoarthritis, injuries, etc., the prevalence of various spinal disorders, such as spinal stenosis, spondylolisthesis, and degenerative disc disease, has increased. This has resulted in increased adoption of spinal implants and has accelerated the growth of the Global Spinal Implants Market. Further, the incidence of low back pain (LBP) is increasing across the world. For instance, as per the World Health Organisation (WHO), it is estimated that the number of cases of low back pain (LBP) would increase to 843 million by 2050, up from 619 million in 2020, pushed largely by population expansion & aging.

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Spinal Implants Market Scope:

The Spinal Implants Market is segmented into different categories. This segmentation enables a detailed analysis of specific areas of growth, aiding in strategic market approaches. It helps identify key application areas and variances within target markets, facilitating focused strategies to capitalize on niche opportunities.

By Product

-Thoracic & Lumbar Fusion Devices- Market Size & Forecast 2019-2030, USD Million

-Posterior Thoracic & Lumbar Fusion Devices - Market Size & Forecast 2019-2030, USD Million

-Interbody Thoracic & Lumbar Fusion Devices- Market Size & Forecast 2019-2030, USD Million

-Anterior Thoracic & Lumbar Fusion Devices- Market Size & Forecast 2019-2030, USD Million

-Cervical Fusion Devices- Market Size & Forecast 2019-2030, USD Million

-Anterior Cervical Fusion Devices- Market Size & Forecast 2019-2030, USD Million

-Posterior Cervical Fusion Devices- Market Size & Forecast 2019-2030, USD Million

-Spine Biologics- Market Size & Forecast 2019-2030, USD Million

-Demineralized Bone Matrix- Market Size & Forecast 2019-2030, USD Million

-Bone Morphogenetic Proteins- Market Size & Forecast 2019-2030, USD Million

-Bone Substitutes- Market Size & Forecast 2019-2030, USD Million

-Machined Bones- Market Size & Forecast 2019-2030, USD Million

-Cell-based Matrices- Market Size & Forecast 2019-2030, USD Million

-Allograft Bone- Market Size & Forecast 2019-2030, USD Million

-VCF Treatment Devices- Market Size & Forecast 2019-2030, USD Million

-Balloon Kyphoplasty Devices- Market Size & Forecast 2019-2030, USD Million

-Vertebroplasty Devices- Market Size & Forecast 2019-2030, USD Million

-Spinal Decompression Devices- Market Size & Forecast 2019-2030, USD Million

-Discectomy- Market Size & Forecast 2019-2030, USD Million

-Laminoplasty, Laminectomy, and Laminotomy- Market Size & Forecast 2019-2030, USD Million

-Foraminotomy & Foraminectomy- Market Size & Forecast 2019-2030, USD Million

-Facetectomy- Market Size & Forecast 2019-2030, USD Million

-Corpectomy- Market Size & Forecast 2019-2030, USD Million

-Non-fusion Devices- Market Size & Forecast 2019-2030, USD Million

-Dynamic Stabilization Devices- Market Size & Forecast 2019-2030, USD Million

-Artificial Discs- Market Size & Forecast 2019-2030, USD Million

-Annulus Repair Devices- Market Size & Forecast 2019-2030, USD Million

-Nuclear Disc Prostheses- Market Size & Forecast 2019-2030, USD Million

-Spine Bone Stimulators- Market Size & Forecast 2019-2030, USD Million

-Non-invasive Spine Bone Stimulators- Market Size & Forecast 2019-2030, USD Million

-Invasive Spine Bone Stimulators- Market Size & Forecast 2019-2030, USD Million

By Application

-Spinal Fusion & Fixation- Market Size & Forecast 2019-2030, USD Million

-VCF Treatment- Market Size & Forecast 2019-2030, USD Million

-Motion Preservation/Non-fusion- Market Size & Forecast 2019-2030, USD Million

-Spinal Decompression- Market Size & Forecast 2019-2030, USD Million

By Type of Surgery

-Open Surgery- Market Size & Forecast 2019-2030, USD Million

-Minimally Invasive Surgery- Market Size & Forecast 2019-2030, USD Million

By End User

-Hospitals- Market Size & Forecast 2019-2030, USD Million

-Specialty Clinics- Market Size & Forecast 2019-2030, USD Million

-Others (Ambulatory Surgical Centers, Research Organisations, etc.)

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Spinal Implants Market Geographical Analysis:

By Region:

-North America

-South America

-Europe

-The Middle East & Africa

-Asia-Pacific

Competitive Landscape and Spinal Implants Market Share Analysis:

The Spinal Implants market is highly competitive, with several key players dominating the landscape. Some of the prominent companies in the market include:

• Medtronic Plc
• Johnson & Johnson Medtech
• Nuvasive, Inc
• Stryker Corporation
• Globus Medical Inc.
• Zimmer Biomet Holdings Inc.
• Orthofix International N.V.
• Braun Melsungen Ag
• Integra Lifesciences Holdings Corporation
• Boston Scientific Corporation
• Others

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Questions Addressed in this Study

1.What factors are driving the Spinal Implants Market growth?

2.How is the Spinal Implants Market expected to grow over the next five years?

3.What are the key insights into the current trends in the Spinal Implants Market?

4.What is the current size of the Spinal Implants Market, and how is it projected to change in the future?

6.What is the future outlook for the Spinal Implants Market in terms of technological advancements and market expansion?

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Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.

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