Spinal Non-Fusion Technologies Market Will Exhibit an Impressive Expansion by 2023-2030

Global spinal non-fusion technologies market is anticipated to grow at a CAGR of 7.2% during the forecast period (2023-2030). The global market is growing due to several factors which include, Spinal disorders are becoming increasingly common, particularly among the aging population. Degenerative disc disease, spinal stenosis, and spondylolisthesis are some of the most common spinal disorders, all of which can be treated with spinal non-fusion technologies. According to the Centers for Disease Control and Prevention (CDC), an estimated 26 million adults in the US have chronic back pain. The CDC also estimates that the prevalence of spinal stenosis is increasing, with over 8 million adults in the US affected by this condition.

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Also, growing demand for minimally invasive surgery globally, which includes rising cases of spinal stenosis and spondylolisthesis. It causes the slip of one vertebral body over the one below due to degenerative changes in the spine. Lumbar DS is a major cause of spinal canal stenosis and is often related to low back and leg pain. These systems are used to treat spinal stenosis and spondylolisthesis. They work by stabilizing the spine without fusing the vertebrae.
Few Recent Developments -

In September 2023, Medtronic plc, announced the latest additions to its minimally invasive spine surgery ecosystem, making it the only company to combine spinal implants, biologics, navigation, robotics, and AI-powered data for surgeons and patients. The new additions to Medtronic's MIS+ portfolio create the most complete MIS+ TLIF solution available for surgeons. A complete procedural solution allows surgeons to provide the benefits of minimally invasive spine care including lower infection and complication rates, less blood loss, smaller incisions, reduced hospital stays, and less pain to more patients.

In August 2022, Nexus Spine announced the full commercial launch of its PressON posterior lumbar fixation system. PressON features rods that press onto pedicle screws rather than attach using set screws. This novel design is approximately one-quarter the size of traditional systems, is faster to implant, is biomechanically stronger, eliminates the possibility of set screw loosening, and allows for intraoperative construction of patient-specific rods. This full market release adds to the company's growing compliant mechanism-based portfolio, including its line of flexible Tranquil titanium interbody fusion devices, and follows a lengthy validation phase of refinements and system enhancements.

Market Coverage

• The market number available for - 2022-2030
• Base year- 2022
• Forecast period- 2023-2030
• Segment Covered-
o By Product
o By End User
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive Landscape- B. Braun Melsungen, AG, Globus Medical, Inc., Johnson & Johnson, Medtronic PLC, Stryker Corp Zimmer Holdings Inc., NuVasive Inc., and others.

Key questions addressed by the report

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• Who is the leader in the market?
• How are players addressing challenges to sustain growth?
• Where is the investment opportunity?

Global Spinal Non-Fusion Technologies Market Report Segment

By Product

• Artificial Disc Replacement Device
• Partial Disc (Nucleus) Replacement Device
• Dynamic Stabilization Devices
• Total Facet Replacement Devices
• Annulus Repair Device
• Nuclear Arthroplasty Devices
• Other

By End User

• Hospitals
• Orthopaedic Centers
• Others (clinics and research organizations)

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Global Spinal Non-Fusion Technologies Market Report Segment by Region

North America

• United States
• Canada

Europe

• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe

Asia-Pacific

• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific

Rest of the World

• Latin America
• Middle East & Africa

Company Profiles

• ATEC Spine, Inc
• Centinel Spine, LLC
• Globus Medical, Inc.
• Integrity Implants Inc. d/b/a/ Accelus
• Intrinsic Therapeutics
• Invibio Ltd
• Johnson & Johnson Service, Inc.
• Nexxt Spine, LLC
• NuVasive, Inc.
• Orthofix US LLC

Reasons to Buying From us -

1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
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