The Spinal Surgery Devices And Equipment by The Business Research Company provides market overview across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Spinal Surgery Devices And Equipment, The spinal surgery devices and equipment market size has grown strongly in recent years. It will grow from $13.77 billion in 2023 to $14.76 billion in 2024 at a compound annual growth rate (CAGR) of 7.2%. The growth in the historic period can be attributed to rising incidences of spinal disorders, increasing burden of obesity, growing demand for spine surgeries in emerging markets, rising incidences of osteoarthritis and spinal stenosis in population, rapid growth in elderly population, launch of advanced bone grafting products, and increasing adoption of minimally invasive spine surgeries..
The spinal surgery devices and equipment market size is expected to see strong growth in the next few years. It will grow to $18.87 billion in 2028 at a compound annual growth rate (CAGR) of 6.3%. The growth in the forecast period can be attributed to advancements in spine surgery technologies, increasing elderly population, changes in lifestyles, faster economic growth, and increasing reimbursement for spine implants will drive market growth. Major trends in the forecast period include focusing on developing robot-assisted devices, investing in developing ar & vr for spinal surgery, investing in development of inflatable, shape-changing spinal implants, adopting nanosurface technology to development of novel bioceramic materials, focusing on development of smart metals, developing novel motion preservation devices for spinal surgery devices and equipment, investing in 3d printing technologies, offering patient specific instrumentation and adaptive spine technology (ast), focusing on minimally invasive spinal surgery and novel endoscopic spinal surgery.
Elderly people are a major driving factor for the spinal surgery devices and equipment market as they are more prone to spinal complications. Spinal disorders majorly affect the geriatric population and result in spinal deformities and pain. As per UN estimates, the worldwide geriatric population will double by 2050 to reach an estimated value of more than 2.1 billion boosting the market growth in the future. An increasing trend in the aged populations worldwide will provide a lucrative growth to the spinal implants and devices.
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The spinal surgery devices and equipment market covered in this report is segmented –
1) By Product Type: Non-Fusion Devices, Fusion Devices, Equipment
2) By End User: Hospitals, Ambulatory Surgical Centers, Specialty Orthopedic And Spine Centers
3) By Type Of Surgery: Open Surgery And Minimally Invasive Surgery (MIS)
Implementing Nano-technology to improve the quality, precision, and speed of the work is the latest trend in the spinal surgery devices market. Nanoparticles possess unique chemical, biological and physical properties which enables them to perform a wide variety of cellular and subcellular tasks. Spinal pathology is a major field of study for nanotechnology. To fully implement Nano-technology, hospitals and clinics are waiting for FDA regulations and exploring options to reduce costs. Vallum Corporation, a medical device company announced that it received clearance from the American Food and Drug Administration (FDA) for its polyetheretherketone (PEEK) spinal fusion device which has a Nano textured surface.
The spinal surgery devices and equipment market report table of contents includes:
1. Executive Summary
2. Spinal Surgery Devices And Equipment Market Characteristics
3. Spinal Surgery Devices And Equipment Market Trends And Strategies
4. Spinal Surgery Devices And Equipment Market - Macro Economic Scenario
5. Global Spinal Surgery Devices And Equipment Market Size and Growth
....
32. Global Spinal Surgery Devices And Equipment Market Competitive Benchmarking
33. Global Spinal Surgery Devices And Equipment Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Spinal Surgery Devices And Equipment Market
35. Spinal Surgery Devices And Equipment Market Future Outlook and Potential Analysis
36. Appendix
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A recent report published by TheBusinessResearchCompany on Spinal Surgery Devices And Equipment Market provides in-depth analysis of segments and sub-segments in the global as well as regional.The Spinal Surgery Devices And Equipment Global Market Report 2019 which provides strategists, marketers and senior management with the critical information they need to assess the global spinal surgery devices and equipment market.
The report covers the spinal surgery devices and equipment market’s segments- spine biologics, surgical spinal decompression, vertebral compression fracture treatment products, non-fusion, fusion, hospital, ambulatory service centers, and orthopedic centers.Spinal Surgery Devices And Equipment Global Market Report 2019 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 50+ geographies.
The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country.
It also compares the market’s historic and forecast growth.
It covers all the regions, key developed countries and major emerging markets.
It draws comparisons with country populations and economies to understand the importance of the market by country and how this is changing.
Spinal Surgery Devices And Equipment Global Market Report 2021 by The Business Research Company is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies.
The chapter on the impact – both negative and positive – of COVID-19 on the spinal surgery devices and equipment industry gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market.
This includes revised market numbers according to the effects of the coronavirus and the expected spinal surgery devices and equipment market growth numbers 2021-2030.View Complete Report:https://www.thebusinessresearchcompany.com/report/spinal-surgery-devices-and-equipment-global-market-reportThe Spinal Surgery Devices And Equipment Global Market Report 2020-30 by The Business Research Company provides an in-depth analysis of the global spinal surgery devices and equipment market and covers both the historic period, 2015 to 2020, and the forecast period, 2020 to 2030.
The report evaluates the market and major economies across the regions Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.The Spinal Surgery Devices And Equipment Global Market Report 2021 covers spinal surgery devices and equipment market drivers, spinal surgery devices and equipment market trends, spinal surgery devices and equipment market growth rate, spinal surgery devices and equipment market major players, player-adopted strategies in the market, and spinal surgery devices and equipment market size.The global spinal surgery devices and equipment market is expected to grow from $7.57 billion in 2020 to $8.26 billion in 2021 at a compound annual growth rate (CAGR) of 9.1%.
The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges.
The market is expected to reach $9.7 billion in 2025 at a CAGR of 4.1%.Request For The Sample Now:https://www.thebusinessresearchcompany.com/sample.aspx?id=2402=smpThe report covers the spinal surgery devices and equipment market segments-1) By Product Type: Spine Biologics, Surgical Spinal Decompression, Vertebral Compression Fracture Treatment Products, Non-Fusion, Fusion2) By Application: Hospital, Ambulatory Service Centers, Orthopedic Centers3) By Type of Surgery: Open Surgeries, Minimally Invasive SurgeriesAbout The Business Research Company: The Business Research Company is a market intelligence firm that excels in company, market, and consumer research.
