Spinal Implants Market Research Report – Forecast to 2023
ID: MRFR/HC/1518-HCRR | July, 2018 | Region: Global | 80 pages | Half-Cooked Research Reports
Global Spinal Implants Market Research Report: By Product (Spinal Fusion Devices, Non-Fusion Devices, Spinal Bone Stimulators), Procedure (Open Surgery, Minimally Invasive Surgery), Material (Titanium, Titanium-Alloy, Steel, Plastic) - Forecast To 2023
Market Scenario
Spinal implants are used to treat spinal deformities such as isthmic spondylolisthesis and spinal stenosis. Spinal stenosis is usually a common problem in men and women over 50 years of age. With the increasing age, structural changes occur to the spine which include joint issues, slip disk, and increasing stiffness of the tissue supporting the spine. This leads to the development of spinal deformities or impairment.
Moreover, according to the National Center for Health Statistics, one in every four individuals suffers from chronic low back pain. Additionally, as per the World Health Organization (WHO), the expense of treatment for low back pain is a prominent cause of economic burden at the individual as well as national levels.
Factors such as rising occurrence and prevalence of spinal ailments, development of safer technology and cost-effective spinal devices, and increasing demand for minimally invasive spine surgery are driving the growth of the spinal implants market. Conversely, factors such as high procedural costs, stringent regulatory guidelines for the approval of new medical devices, and lack of reimbursements in developing countries are hampering the growth of the global spinal implants market.
The Global Market for Spinal Implants is expected to grow at a CAGR of approximately 5.5% during the forecast period, 2017–2023.
Research Methodology
Sources: Annual reports, Press release, White paper, and Company presentation
Intended Audience
- Spinal implants manufacturers
- Spinal implants suppliers
- Contract Research Organizations (CROs)
- Research and Development (R&D) Companies
- Government research laboratories
- Government and independent regulatory authorities
- Market research and consulting service providers
- Academic institutes and universities
Segmentation
The global spinal implants market is segmented on the basis of product, procedure, and material.
On the basis of product, the global spinal implants market is segmented into spinal fusion devices, non-fusion devices/motion preservation devices, Vertebral Compression Fracture (VCF) treatment devices, spinal bone stimulators, spine biologics, and others. The spine fusion segment is divided into thoracolumbar devices, cervical fixation devices, interbody fusion devices, and others.
The spine fusion segment is categorized into thoracolumbar devices, cervical fixation devices, interbody fusion devices, and others. The thoracolumbar devices segment is divided into anterior lumbar plates, lumbar plates, pedicle screw, rods, hooks, wires and cables, crosslinks, and others. The cervical fixation devices segment is further classified as anterior cervical plates, hook fixation systems, plates and screws, clamps, wires, and others. The interbody fusion devices segment is further classified as non-bone interbody fusion devices, bone interbody fusion devices, and others.
The non-fusion devices/motion preservation devices segment is categorized into dynamic stabilization devices, artificial discs, annulus repair devices, nuclear disc prostheses, and others. The dynamic stabilization devices segment is further classified as interspinous process spacers, pedicle screw-based systems, facet replacement products, and others. The artificial discs segment is further classified as artificial cervical discs, artificial lumbar discs, and others.
The Vertebral Compression Fracture (VCF) treatment devices segment is categorized into balloon kyphoplasty devices, vertebroplasty devices, and others.
The spinal bone stimulators segment is categorized into non-invasive spine bone stimulators, invasive spine bone stimulators, and others. The non-invasive spine bone stimulators segment is further classified as pulsed electromagnetic field device, Capacitive Coupling (CC) and Combined Magnetic Field (CMF) devices, and others.
The spine biologics segment is further classified as spinal allografts, bone graft substitutes, cell-based matrix, and others. The spinal allografts segment is further classified as machined bones allograft, demineralized bone matrix, and others. The bone graft substitutes segment is further classified as bone morphogenetic proteins, synthetic bone grafts, and others.
On the basis of procedure, the global spinal implants market is classified into open surgery, Minimally Invasive Surgery (MIS), and others.
On the basis of material, the global spinal implants market is classified into titanium, titanium-alloy, stainless steel, plastic, and others.
Regional Analysis
The global spinal implants market consists of four regions, namely, America, Europe, Asia Pacific, and the Middle East and Africa.
Americas dominated the global spinal implants market owing to the technological innovation, advancement in manufacturing processes, and contribution of nanotechnology to the pharmaceutical packaging market.
The European region is the second largest market owing to the increase in geriatric population and the increasing demand for spinal implants and devices for the treatment of spinal disorders. Asia Pacific is the emerging market in the global spinal implants market owing to the rising obesity cases, increasing healthcare expenditure in developing nations, increasing government funding, the presence of a large patient population, and growing awareness about novel spine treatment techniques.
Key Players
Some major players in the global spinal implants market include Medtronic, plc (Ireland), Depuy Synthes Inc. (Johnson & Johnson) (U.S.), Stryker Corporation (U.S.), NuVasive, Inc. (U.S.), Zimmer Biomet Holdings, Inc. (U.S.), Globus Medical, Inc. (U.S.), Alphatec Holdings, Inc. (U.S.), Orthofix International N.V. (Netherlands), K2M Group Holdings, Inc. (U.S.), RTI Surgical, Inc. (U.S.), Amedica Corporation (U.S.), Exactech Inc. (U.S.), Integra LifeSciences (U.S.), LDR Holding Corporation (U.S.), Quandary Medical LLC (U.S.), AESCULAP (U.S.), Alliance Spine (U.S.), Apollo Spine (U.S.), Premia Spine (Israel), Ascendx Spine (U.S.), A-Spine (Taiwan), Back 2 Basics Spine (Canada), Accel Spine (U.S.), SI-BONE (U.S.), Captiva Spine Inc. (U.S.), Centinel Spine (U.S.), Life Spine (U.S.), SpineGuard (France), NLT Spine (U.S.), Paradigm Spine LLC (U.S.), Precision Spine (U.S.), Reliance Medical Systems (U.S.), Spinal Solutions Inc. (U.S.), Spine Frontier (U.S.), Spineart Geneva SA (Switzerland), and others
TABLE OF CONTENT
Chapter 1. Report Prologue
Chapter 2. Market Introduction
2.1 Definition
2.2 Scope of the Study
2.2.1 Research Objective
2.2.2 Assumptions
2.2.3 Limitations
Chapter 3. Research Methodology
3.1 Introduction
3.2 Primary Research
3.3 Secondary research
3.4 Market Size Estimation
Chapter 4. Market Dynamics
4.1 Drivers
4.2 Restraints
4.3 Opportunities
4.4 Challenges
4.5 Macroeconomic Indicators
4.6 Technology Trends & Assessment
Chapter 5. Market Factor Analysis
5.1 Porter’s Five Forces Analysis
5.1.1 Bargaining Power of Suppliers
5.1.2 Bargaining Power of Buyers
5.1.3 Threat of New Entrants
5.1.4 Threat of Substitutes
5.1.5 Intensity of Rivalry
5.2 Value Chain Analysis
5.3 Investment Feasibility Analysis
5.4 Pricing Analysis
Chapter 6. Global Spinal Implants Market, by Configuration
6.1 Introduction
6.2 Spinal Fusion Devices
6.2.1 Thoracolumbar Devices
6.2.1.1 Anterior Lumbar Plates
6.2.1.2 Lumbar Plates
6.2.1.3 Pedicle Screw
6.2.1.4 Rods
6.2.1.5 Hooks
6.2.1.6 Wires & Cables
6.2.1.7 Crosslinks
6.2.2 Cervical Fixation Devices
6.2.2.1 Anterior Cervical Plates
6.2.2.2 Hook Fixation Systems
6.2.2.3 Plates & Screws
6.2.2.4 Clamps
6.2.2.5 Wires
6.2.3 Interbody Fusion Devices
6.2.3.1 Non-Bone Interbody Fusion Devices
6.2.3.2 Bone Interbody Fusion Devices
6.3 Non-Fusion Devices/Motion Preservation Devices
6.3.1 Dynamic Stabilization Devices
6.3.1.1 Interspinous. Process Spacers
6.3.1.2 Pedicle Screw-Based Systems
6.3.1.3 Facet Replacement Products
6.3.2 Artificial Discs
6.3.2.1 Artificial Cervical Discs
6.3.2.2 Artificial Lumbar Discs
6.3.3 Annulus. Repair Devices
6.3.4 Nuclear Disc Prostheses
6.4 Vertebral Compression Fracture (VCF) Treatment Devices
6.4.1 Balloon Kyphoplasty Devices
6.4.2 Vertebroplasty Devices
6.5 Spinal Bone Stimulators
6.5.1 Non-Invasive Spine Bone Stimulators
6.5.1.1 Pulsed Electromagnetic Field Device
6.5.1.2 Capacitive Coupling (CC) and Combined Magnetic Field (CMF) Devices
6.5.2 Invasive Spine Bone Stimulators
6.6 Spine Biologics
6.6.1 Spinal Allografts
6.6.1.1 Machined Bones Allograft
6.6.1.2 Demineralized Bone Matrix
6.6.2 Bone Graft Substitutes
6.6.2.1 Bone Morphogenetic Proteins
6.6.2.2 Synthetic Bone Grafts
6.6.3 Cell-Based Matrix
Chapter 7. Global Spinal Implants Market, by Procedure
7.1 Introduction
7.2 Open Surgery
7.3 Minimally Invasive Surgery
7.4 Others
Chapter 7. Global Spinal Implants Market, by Material
7.1 Introduction
7.2 Titanium
7.3 Titanium-Alloy
7.4 Stainless Steel
7.5 Plastic
7.6 Others
Chapter .8 Global Spinal Implants Market, by Region
8.1 Introduction
8.2 Americas
8.2.1 North America
8.2.1.1 U.S.
8.2.1.2 Canada
8.2.2 South America
8.3 Europe
8.3.1 Western Europe
8.3.1.1 Germany
8.3.1.2 France
8.3.1.3 Italy
8.3.1.4 Spain
8.3.1.5 U.K.
8.3.1.6 Rest of Western Europe
8.3.2 Eastern Europe
8.4 Asia Pacific
8.4.1 Japan
8.4.2 China
8.4.3 India
8.4.4 Australia
8.4.5 Republic of Korea
8.4.6 Rest of Asia Pacific
8.5 The Middle East & Africa
8.5.1 United Arab Emirates
8.5.2 Saudi Arabia
8.5.3 Oman
8.5.4 Kuwait
8.5.5 Qatar
8.5.6 Rest of the Middle East & Africa
Chapter 9 Company Landscape
9.1 Introduction
9.2 Market Share Analysis
9.3 Key Development & Strategies
9.3.1 Key Developments
Chapter 10 Company Profiles
10.1 Medtronic, plc
10.1.1 Company Overview
10.1.2 Product Overview
10.1.3 Financials
10.1.4 SWOT Analysis
10.2 Depuy Synthes Inc.
10.2.1 Company Overview
10.2.2 Product Overview
10.2.3 Financial Overview
10.2.4 Key Developments
10.2.5 SWOT Analysis
10.3 Stryker Corporation
10.3.1 Company Overview
10.3.2 Product Overview
10.3.3 Financial Overview
10.3.4 Key Development
10.3.5 SWOT Analysis
10.4 NuVasive, Inc.
10.4.1 Company Overview
10.4.2 Product/Business Segment Overview
10.4.3 Financial Overview
10.4.4 Key Development
10.4.5 SWOT Analysis
10.5 Zimmer Biomet Holdings, Inc.
10.5.1 Company Overview
10.5.2 Product Overview
10.5.3 Financial overview
10.5.4 Key Developments
10.6 Globus. Medical, Inc.
10.6.1 Company Overview
10.6.2 Product Overview
10.6.3 Financial Overview
10.6.4 Key Developments
10.7 Alphatec Holdings, Inc.
10.7.1 Overview
10.7.2 Product Overview
10.7.3 Financials
10.7.4 Key Developments
10.7.5 SWOT Analysis
10.8 Orthofix International N.V.
10.8.1 Company Overview
10.8.2 Product/Business Segment Overview
10.8.3 Financial Overview
10.8.4 Key Development
10.8.5 SWOT Analysis
10.9 K2M Group Holdings, Inc.
10.9.1 Company Overview
10.9.2 Product Overview
10.9.3 Financial overview
10.9.4 Key Developments
10.10 RTI Surgical, Inc.
10.10.1 Company Overview
10.10.2 Product Overview
10.10.3 Financial overview
10.10.4 Key Developments
10.11 Amedica Corporation
10.11.1 Company Overview
10.11.2 Product Overview
10.11.3 Financial overview
10.11.4 Key Developments
10.12 Others
Chapter 11 MRFR Conclusion
11.1 Key Findings
11.1.1 From CEO’s View Point
11.1.2 Unmet Needs of the Market
11.2 Key Companies to Watch
11.3 Prediction of the Pharmaceutical Industry
Chapter 12 Appendix
LIST OF TABLES
Table 1 Spinal Implants Industry Synopsis, 2017–2023
Table 2 Spinal Implants Market Estimates & Forecast, 2017–2023, (USD Million)
Table 3 Spinal Implants Market, by Region, 2017–2023, (USD Million)
Table 4 Spinal Implants Market, by Configuration, 2017–2023, (USD Million)
Table 5 Spinal Implants Market, by Application, 2017–2023, (USD Million)
Table 6 Spinal Implants Market, by End-U.S.er, 2017–2023, (USD Million)
Table 7 North America Spinal Implants Market, by Configuration, 2017–2023, (USD Million)
Table 8 North America Spinal Implants Market, by Application, 2017–2023, (USD Million)
Table 9 North America Spinal Implants Market, by End-U.S.er, 2017–2023, (USD Million)
Table 10 U.S. Spinal Implants Market, by Configuration, 2017–2023, (USD Million)
Table 11 U.S. Spinal Implants Market, by Application, 2017–2023, (USD Million)
Table 12 U.S. Spinal Implants Market, by End-U.S.er, 2017–2023, (USD Million)
Table 13 Canada Spinal Implants Market, by Configuration, 2017–2023, (USD Million)
Table 14 Canada Spinal Implants Market, by Application, 2017–2023, (USD Million)
Table 15 Canada Spinal Implants Market, by End-U.S.er, 2017–2023, (USD Million)
Table 16 South America Spinal Implants Market, by Configuration, 2017–2023, (USD Million)
Table 17 South America Spinal Implants Market, by Application, 2017–2023, (USD Million)
Table 18 South America Spinal Implants Market, by End-U.S.er, 2017–2023, (USD Million)
Table 19 Europe Spinal Implants Market, by Configuration, 2017–2023, (USD Million)
Table 20 Europe Spinal Implants Market, by Application, 2017–2023, (USD Million)
Table 21 Europe Spinal Implants Market, by End-U.S.er, 2017–2023, (USD Million)
Table 22 Western Europe Spinal Implants Market, by Configuration, 2017–2023, (USD Million)
Table 23 Western Europe Spinal Implants Market, by Application, 2017–2023, (USD Million)
Table 24 Western Europe Spinal Implants Market, by End-U.S.er, 2017–2023, (USD Million)
Table 25 Eastern Europe Spinal Implants Market, by Configuration, 2017–2023, (USD Million)
Table 26 Eastern Europe Spinal Implants Market, by Application, 2017–2023, (USD Million)
Table 27 Eastern Europe Spinal Implants Market, by End-U.S.er, 2017–2023, (USD Million)
Table 28 Asia Pacific Spinal Implants Market, by Configuration, 2017–2023, (USD Million)
Table 29 Asia Pacific Spinal Implants Market, by Application, 2017–2023, (USD Million)
Table 30 Asia Pacific Spinal Implants Market, by End-U.S.er, 2017–2023, (USD Million)
Table 31 The Middle East & Africa Spinal Implants Market, by Configuration, 2017–2023, (USD Million)
Table 32 The Middle East & Africa Spinal Implants Market, by Application, 2017–2023, (USD Million)
Table 33 The Middle East & Africa Spinal Implants Market, by End-U.S.er, 2017–2023, (USD Million)
LIST OF FIGURES
Figure 1 Research Process
Figure 2 Segmentation of the Spinal Implants Market
Figure 3 Segmentation Market Dynamics for Spinal Implants Market
Figure 4 Global Spinal Implants Market Share, by Configuration 2016
Figure 5 Global Spinal Implants Market Share, by Application 2016
Figure 6 Global Spinal Implants Market Share, by Region, 2016
Figure 7 Americas Spinal Implants Market Share, by Country, 2016
Figure 8 Europe Spinal Implants Market Share, by Country, 2016
Figure 9 Asia Pacific Spinal Implants Market Share, by Country, 2016
Figure 10 Middle East & Africa Spinal Implants Market Share, by Country, 2016
Figure 11 Global Spinal Implants Market: Company Share Analysis, 2016 (%)
Figure 12 Medtronic, plc: Key Financials
Figure 13 Medtronic, plc: Segmental Revenue
Figure 14 Medtronic, plc: Geographical Revenue
Figure 15 Depuy Synthes Inc.: Key Financials
Figure 16 Depuy Synthes Inc.: Segmental Revenue
Figure 17 Depuy Synthes Inc.: Geographical Revenue
Figure 18 Stryker Corporation: Key Financials
Figure 19 Stryker Corporation: Segmental Revenue
Figure 20 Stryker Corporation: Geographical Revenue
Figure 21 NuVasive, Inc..: Key Financials
Figure 22 NuVasive, Inc..: Segmental Revenue
Figure 23 NuVasive, Inc..: Geographical Revenue
Figure 24 Zimmer Biomet Holdings, Inc.: Key Financials
Figure 25 Zimmer Biomet Holdings, Inc.: Segmental Revenue
Figure 26 Zimmer Biomet Holdings, Inc.: Geographical Revenue
Figure 27 Globus. Medical, Inc.: Key Financials
Figure 28 Globus. Medical, Inc.: Segmental Revenue
Figure 29 Globus. Medical, Inc.: Geographical Revenue
Figure 30 Alphatec Holdings, Inc.: Key Financials
Figure 31 Alphatec Holdings, Inc.: Segmental Revenue
Figure 32 Alphatec Holdings, Inc.: Geographical Revenue
Figure 33 Orthofix International N.V.: Key Financials
Figure 34 Orthofix International N.V..: Segmental Revenue
Figure 35 Orthofix International N.V.: Geographical Revenue
