Spine Implant Market Exhibiting Double-digit Growth by

SDKI Inc. published a new report on "Spine Implant Market-Forecast 2019-2024" on April 14, 2021. This study includes the statistical and analytical approaches needed to grow the spinal implant market. The key industry insights provided in the report provide readers with better ideas about market overviews regarding existing market scenarios. In addition, the report contains a detailed discussion of current and future market trends related to market growth.

Report sample URL
https://www.sdki.jp/sample-request-91535

The global spinal implant market is expected to reach over US $ 12 billion between 2018-2024.

The gradual increase in spinal disorders such as lumbar spinal stenosis, degenerative disc disease, herniated disc, and spinal stenosis is one of the major factors in the growth of the spinal implant market. The rise of integrated spinal surgery procedures is another major driver of the spinal implant market. Therefore, favorable patient demographics support market growth. The launch of several advanced and innovative spinal implants and the demand for the latest generation of implants are expected to impact the growth of the spinal implant market during the forecast period.

Market Segments

The spinal implant market is divided by product, end user, surgery, and region. These segments are further subsegmented based on various factors and consist of some additional information about the market, such as the combined annual growth rate of each segment and subsegment, the market value and volume of the valuation period.

The detailed segments and subsegments of the market are:
- product
- Spinal fusion implant
- Spine biologics
- VCF treatment device
- Spine non-fusion implant
- Vertebrae growth electrical stimulator
- By end user
- hospital
- Professional Orthopedics and Spine Center
- ASCs
- surgery
- Open spine surgery
- MI spine surgery

Report sample URL
https://www.sdki.jp/sample-request-91535

Based on the product, an increasing elderly population and an increasing incidence of spinal disorders are driving the spinal fusion implant segment. This segment has the potential for faster growth due to the increased priority of non-fusion procedures such as dynamic stabilization and disc replacement devices. Vendors are focused on introducing innovative products to end users. On the other hand, the spinal compression fracture (VCF) treatment device segment is expected to grow at a significant rate during the forecast period.

Regional Overview

The spinal implant market is further subdivided based on the region, and the market growth of each country is evaluated. These include North America (US, Canada, and other North America), Europe (Germany, France, Italy, Spain, United Kingdom, and other Europe), Asia Pacific (China, Japan, India, Australia, and other Asia Pacific). ) And other regions.

In 2018, North America dominates the global spinal implant market, followed by APAC, Europe, Latin America, and MEA. North America is expected to maintain its advantage during the forecast period, but as the market has reached maturity, the market may grow at a lower CAGR than other regions. On the other hand, in the Asia-Pacific region, Japan, China, India, South Korea and Australia are the largest sources of revenue. Favorable government initiatives, improved medical infrastructure, and increased health care costs are expected to drive growth in the spinal implant market in the region during the forecast period.

Details of the survey report
https://www.sdki.jp/reports/spine-implants-market/91535

Major key players on the market

Major key players in the spinal implant market include Medtronic, Johnson & Johnson, Stryker, NuVasive, Globus Medical, Zimmer Biomet, ARCA-MEDICA, Astrofiks, Alphatec Spine, A-SPINE, Biorthex, Captiva Spine, CarboFix Orthopedics and Caber Spine. , Corentec, CTL Amedica, Centinel Spine, CoreLink, FH ORTHO and more. The study includes a detailed competitive analysis of these major companies in the spinal implant market, corporate profiles, recent developments, and key market strategies.

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SDKI Inc. Company Profile

SDKI Inc.'s goal is market scenarios in various countries such as Japan, China, the United States, Canada, the United Kingdom, and Germany. Is to clarify. We also focus on providing reliable research insights to clients around the world, including growth indicators, challenges, trends and competitive environments, through a diverse network of research analysts and consultants. With SDKI gaining trust and a customer base in more than 30 countries, SDKI is even more focused on expanding its foothold in other pristine economies.

This release was published on openPR.