Spinal Intervention Market Growth Prospects & Insights on Future Scenario 2025
Posted by Sandeep Salunkhe on March 19th, 2019
The spinal intervention market for surgical and replacement technologies is in an emerging state mainly due to rise in ageing population, increase in prevelance of neurological diseases and increase in obese population as they have higher chances of spine deformilities. In addition, the market is driven by the rising public and private investments, grants and funds for the development of more advanced technologies. Conversely, dearth of skilled and experienced phisicians, lack of patient awareness and high pricing pressure is a major factor restraining the market growth.
The market is segmented based on surgery, procedure, product, technology, and geography. Based on surgery, the market is segmented into open surgery, and minimally invasive surgery. Based on procedure, the market is segmented into facetectomy, discectomy, laminectomy, corpectomy, and foraminectomy. Based on product the market is segmented into thoracic fusion and lumbar fusion devices, cervical fusion devices, vertebral compression fracture treatment devices, spine biologics, non-fusion treatment devices, and spine bone stimulators.
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Based on technology, the market is segmented into spinal fusion technologies, spinal fixation technologies, spinal non-fusion technologies, and vertebral compression fracture treatment. The market is analyzed on the basis of four regions, namely, North America, Europe, Asia-Pacific, and LAMEA.
Product launch, collaboration & merger, and acquisition are the key strategies adopted by market players. Healthcare giant such as Abbott has acquired St Jude Medical in April 2016 creating a high growth in spinal intervention market.
The report provides a comprehensive analysis of the key players operating in the spinal intervention market for surgical and replacement technologies such as Medtronic, Inc., BioControl Medical, Boston Scientific Corporation, Abbott, Synapse Biomedical, Inc., Zimmer Biomet Holdings, Inc., Stryker Corporation, Orthofix International N.V., Globus Medical, Inc. and DePuy Synthes.
KEY MARKET BENEFITS:
In-depth analysis of the market is conducted based on market estimations of the key segments during 20142022.
Comprehensive analysis of factors that drive and restrict the growth of the world blood processing devices and consumables market is provided in the report.
Exhaustive analysis of the market by devices, consumables, and end users helps understand the different aspects that are currently used, along with the variants that would gain prominence in the future.
Competitive intelligence of leading manufacturers and distributors of blood processing devices and consumables helps interpret the competitive scenario across various geographies.
Analysis of current research and clinical developments within the market is provided with key market dynamic factors to predict the behavior of the market.
