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Disposable Spinal Instrument Market - By Product Type (Cervical, Lumbar, & Systems Kits [Pedicle Screw, Cervical Plate Systems), Procedure (Spinal Fusion, Decompression), End-use (Hospitals, ASCs, Orthopaedic Clinics) – Global Forecast (2024 – 2032)


Published on: 2024-07-10 | No of Pages : 240 | Industry : Healthcare

Publisher : MIR | Format : PDF&Excel

Disposable Spinal Instrument Market - By Product Type (Cervical, Lumbar, & Systems Kits [Pedicle Screw, Cervical Plate Systems), Procedure (Spinal Fusion, Decompression), End-use (Hospitals, ASCs, Orthopaedic Clinics) – Global Forecast (2024 – 2032)

Disposable Spinal Instrument Market Size

Disposable Spinal Instrument Market size was valued at around USD 70.6 million in 2023 and is estimated to grow at 7.9% CAGR from 2024 to 2032. Disposable spinal instruments are medical devices utilized in interventional spine procedures, designed for single-use and disposal after each operation. These instruments play crucial roles in a range of tasks during interventional spine interventions, encompassing procedures such as discectomy, laminectomy, spinal fusion, and other treatments targeting spinal conditions or injuries. The growing prevalence of spinal disorders is a significant driver for market.

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For instance, according to global estimates provided by the World Health Organization (WHO), it is reported that around 15.4 million individuals were living with spinal cord injuries (SCI) in the year 2021. Thus, this underscores the pressing need for effective and efficient solutions in spinal surgery, including the utilization of disposable spinal instruments to address the growing prevalence of spinal disorders and injuries worldwide.

Furthermore, advancements in minimally invasive surgery, technological advancement, and growing aging population are contributing factors stimulating the growth of the market.
 

Disposable Spinal Instrument Market Report Attributes
Report Attribute Details
Base Year 2023
Disposable Spinal Instrument Market Size in 2023 USD 70.6 Million
Forecast Period 2024 – 2032
Forecast Period 2024 – 2032 CAGR 7.9%
2024 – 2032 Value Projection USD 138.9 Million
Historical Data for 2021 – 2023
No. of Pages 155
Tables, Charts & Figures 220
Segments covered Product Type, Procedure, End-use, and Region
Growth Drivers
  • Advancements in minimally invasive surgery
  • Increasing prevalence of spinal disorders
  • Technological advancement
  • Growing aging population
Pitfalls & Challenges
  • High cost of tip location devices
  • Limited reimbursement policies

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Disposable Spinal Instrument Market Trends

The field of spinal surgery has witnessed remarkable advancements in recent years, driven by innovations in medical technology and surgical techniques. Among these advancements, the development of disposable spinal instruments stands out as a significant milestone, revolutionizing the way spinal procedures are performed. Disposable spinal instruments, designed for single-use and then discarded after each procedure, offer numerous benefits including enhanced sterility, reduced risk of cross-contamination, and improved procedural efficiency.

  • Utilization of advanced materials such as high-strength polymers, biocompatible metals, and composite materials to improve durability, strength, and biocompatibility of disposable instruments.
  • Adoption of advanced manufacturing techniques, including computer-aided design (CAD), computer-aided manufacturing (CAM), and healthcare 3D printing, to produce disposable instruments with precise dimensions, complex geometries, and customized designs.
  • Integration of imaging technologies such as ultrasound, fluoroscopy, and navigation systems into disposable instruments to provide real-time visualization and guidance during spinal procedures, enhancing accuracy and safety. Thus, escalating the growth of the market.

Disposable Spinal Instrument Market Analysis

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Based on product type, the market is divided into cervical kits, lumbar kits, and systems kits. The systems kits segment is further bifurcated into pedicle screw systems, cervical plate systems, and lumbar interbody fusion systems. The cervical kits segment is estimated to account for USD 45.1 million by 2032.

  • Cervical kits streamline the surgical process by providing a standardized set of instruments and implants necessary for cervical spine procedures. This reduces the need for surgeons to assemble individual components separately, saving time and ensuring consistency in surgical practice.
  • They are designed to include specialized instrumentation tailored specifically for cervical spine surgery. These instruments are optimized for the unique anatomy and surgical techniques involved in procedures such as anterior cervical discectomy and fusion (ACDF), cervical disc replacement, and cervical laminectomy.
  • Disposable cervical kits help minimize the risk of cross-contamination and surgical site infections by providing single-use instruments and implants. This eliminates the need for reprocessing and sterilization between procedures, ensuring sterility and safety for each patient

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Based on procedure, the disposable spinal instrument market is bifurcated into spinal fusion and decompression surgeries. The spinal fusion segment accounted for USD 41.9 million in 2023.

  • Disposable spinal instrument sets tailored for spinal fusion procedures include specialized instruments optimized for bone preparation, implant placement, and fusion site preparation. These instruments are designed to facilitate precise and efficient execution of fusion techniques.
  • Some disposable instrument sets for spinal fusion often integrate patient-specific implants crafted using preoperative imaging data. These tailored spinal fusion device, which is estimated to reach USD 12.9 billion by 2032, are meticulously designed to align with the patient's unique anatomy, thereby enhancing fusion outcomes and mitigating the likelihood of complications associated with implants.
  • Advanced disposable instrument sets may integrate navigation technology such as intraoperative navigation systems or image-guided platforms, to enhance the accuracy of implant placement and fusion site preparation. Navigation-guided instrumentation improves surgical precision and reduces the risk of malpositioned implants.
  • Thus, such aforementioned factors are expected to augment the segmental growth.

Based on end-use, the disposable spinal instrument market is divided into hospitals, ambulatory surgical centers, and orthopaedic clinics. The hospital segment is estimated to account for USD 59.8 million by 2032.

  • Hospitals are standardizing the use of disposable spinal instrument sets across their facilities to streamline surgical processes and ensure consistency in surgical outcomes. Standardization reduces variability in instrument selection, improves efficiency, and enhances patient safety.
  • They are integrating disposable spinal instrument sets into their surgical workflows to optimize efficiency and productivity. This integration involves incorporating pre-packaged instrument sets into surgical protocols, ensuring that the necessary instruments are readily available when needed during procedures.
  • Hospitals are investing in training and education programs to familiarize surgical teams with the use of disposable spinal instruments. Training initiatives encompass hands-on workshops, simulation training, and continuing education opportunities to ensure proficiency and competence among surgical staff.

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The disposable spinal instrument market in the U.S. accounted for a significant revenue of USD 25.8 million in 2023, and this trajectory is set to continue upwards.

  • The U.S. serves as a global hub for medical innovation, with numerous companies and research institutions driving advancements in medical technology, including disposable spinal instruments. This culture of innovation fosters the development of cutting-edge instruments with enhanced functionality and performance.

The disposable spinal instrument market in Germany is expected to experience significant and promising growth from 2024 to 2032.

  • German manufacturers adhere to strict quality standards and regulations, ensuring that disposable spinal instruments meet rigorous safety and performance requirements. Compliance with European Union regulations, such as CE marking, demonstrates adherence to high-quality standards, enhancing trust in German-made instruments.

Japan market is anticipated to witness lucrative growth between 2024 – 2032.

  • Japanese manufacturers are known for their precision manufacturing techniques, producing high-quality, reliable, and precise disposable spinal instruments. The meticulous attention to detail and quality control processes ensure that these instruments meet the highest standards of accuracy and performance.

The disposable spinal instrument market in Saudi Arabia is expected to experience significant and promising growth from 2024 to 2032.

  • The Saudi government provides support and investment incentives for the healthcare sector, encouraging the adoption of advanced medical technologies and innovative solutions. This support creates opportunities for the utilization of disposable spinal instruments in hospitals and healthcare facilities across the country.

Disposable Spinal Instrument Market Share

The disposable spinal instrument industry is competitive in nature, with several large multinationals and small and mid-sized companies competing in the industry. The development and launch of novel advanced products and services based on different technologies is among a key market strategy. Some of the leading industry players have a notable presence in the market.

Disposable Spinal Instrument Market Companies

Some of the eminent market participants operating in the disposable spinal instrument industry include

  • AxioMed LLC
  • Halma plc
  • Intelligent Implants
  • Joimax GmbH
  • LongueVue Capital
  • Narang Medical Limited
  • Providence
  • RTI Surgical
  • Safe Orthopaedics
  • Spinex.co.
  • Surgalign Holdings, Inc.
  • Surgical Science
  • Teleflex Medical
  • VertiCare Instruments
  • Xenco Medical

Disposable Spinal Instrument Industry News

  • In November 2023, Halma, acquired TeDan, a group of companies specializing in the development, manufacturing, and supply of medical devices for spinal, neurological, cardiac, and orthopedic surgeries. The acquisition bolstered Halma's portfolio by adding TeDan's expertise and product offerings in critical surgical areas, enhancing its position in the healthcare market.
  • In July 2020, Joimax announced a partnership with Australian medical device distributor, LifeHealthcare. The two companies entered into a long-term relationship aimed at expanding surgical options for patients undergoing spinal surgery. This partnership enabled joimax to leverage LifeHealthcare's distribution network to reach a wider audience of healthcare providers and patients in Australia.

The disposable spinal instrument market research report includes an in-depth coverage of the industry with estimates & forecast in terms of revenue in USD Million from 2021 – 2032 for the following segments

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Market, By Product Type

 

  • Cervical kits
  • Lumbar kits
  • Systems kits
    • Pedicle screw systems
    • Cervical plate systems
    • Lumbar interbody fusion systems

Market, By Procedure

  • Spinal fusion
  • Decompression surgeries

Market, By End-use

  • Hospitals
  • Ambulatory surgical centers
  • Orthopedic clinics

The above information is provided for the following regions and countries

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Spain
    • Italy
    • Netherlands
    • Rest of Europe
  • Asia Pacific
    • Japan
    • China
    • India
    • Australia
    • South Korea
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Argentina
    • Rest of Latin America
  • Middle East and Africa
    • Saudi Arabia
    • South Africa
    • UAE
    • Rest of Middle East and Africa

 

Table of Content

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To get a detailed Table of content/ Table of Figures/ Methodology Please contact our sales person at ( chris@marketinsightsresearch.com )