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Cervical Fusion Market Grow at 4.6% CAGR by 2022-2030 Thriving Worldwide
Cervical Fusion Market
In a recent research report by Market Research Community, the cervical fusion market is expected to surpass USD 2.91 Billion by the year 2030, from USD 1.94 Billion in 2021.
An operation to join bones in the cervical vertebral column of the spine below the neck is called a cervical spinal fusion, sometimes referred to as an arthrodesis. The most common technique used in the medical field for completing a cervical spinal fusion surgery is implanting a bone graft to promote natural bone regrowth.
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Top Key Players of the Cervical Fusion Market:
Medtronic IncAbbott Laboratories, Stryker Corporation, DePuy Synthes, Braun Melsungen AG, NuVasive, Inc, Zimmer Biomet, Orthofix, Globus Medical.
Type Covered in This Report Are:
Metal
Polymer
Others
Fusion Type Covered in This Report Are:
Anterior Interbody Fusion
Anterior Cervical Fusion
Posterior Fusion
Others
By End User:
Orthopedic Clinics
Multispecialty Hospitals
Neurology Clinics
Others
Regional Analysis:
North America- (U.S., Canada, Mexico)
Europe- (Germany, France, U.K., Russia, Italy, Spain, BENELUX, Rest of Europe)
Asia Pacific- (China, Japan, India, South Korea, Australia, ASEAN, Rest of Asia Pacific)
Latin America- (Brazil, Argentina, Chile, Rest of Latin America)
Middle East and Africa- (GCC, Turkey, Israel, Rest of MEA)
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Neurology clinics are the third fastest-growing market sector for cervical fusions. The goal of Neurology Clinics is to investigate significant clinical relationships between neurology and neurosurgery. Because both specialties deal with issues affecting the neurological system, there are obvious areas for cooperation and several opportunities for successful synergism.
From 2022 to 2030, the cervical fusion market in the Asia Pacific is anticipated to expand at a CAGR of 18.27%. Osteoarthritis and degenerative disc disease are becoming more prevalent, the medical tourism sector is expanding quickly, and healthcare prices are increasing. For instance, India is a popular destination for medical tourists owing to there being surgeons there, as well as advanced technology and affordable treatments.
The Cervical Fusion market is projected to grow at a significant pace reaching a CAGR of approximately 4.6%, over the forecast period of 2022-2030, despite a considerable fall in Fusion Type sales during the initial phase of pandemic spread and lockdown restrictions imposed globally.
The study is consolidated into major segments and further into sub-segments, such as by Fusion Type (Anterior Interbody Fusion, Anterior Cervical Fusion, Posterior Fusion, Others) Type (Metal, Polymer, Others) (Minimally Invasive Spine Surgery, Open Spine Surgery), by end use (Orthopedic Clinics, Multispecialty Hospitals, Neurology Clinics, Others) to forecast the market size by value; also includes the analysis of past market dynamics from 2016 - 2021, considering 2021 as the base year.
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The research provides answers to the following key questions:
What is the expected growth rate of the Cervical Fusion Market? What will be the market size for the forecast period, 2022 - 2030?
What are the major driving forces responsible for transforming the trajectory of the industry?
Who are major vendors dominating the Cervical Fusion industry across different regions? What are their winning strategies to stay ahead in the competition?
What are the market trends business owners can rely upon in the coming years?
What are the threats and challenges expected to restrict the progress of the industry across different countries?
What are the key opportunities that business owners can bank on for the forecast period, 2022 - 2030?
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