Spinal Implants Market Research Report – Forecast to 2023

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


 spinal implants


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