According to Clinicaltrials.gov, 987 studies have been found for the spinal implant and among these studies, 139 studies have be
The Rise in Incidence of Traumatic Fractures
Growing Demand for Advanced Technologies
For instance, in 2020 August, Orion Biotech Inc. got the approval from U.S. FDA for the development of Thoracolumbosacral Pedicle Screw intended to provide a posterior, non-cervical immobilization and stabilization of spinal implantation for mature patients.
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Market Segmentation
The global spinal implants market can be segmented by product type, application, material, surgery, indication, region and competitive landscape. Based on the product type, the market can be segmented into Artificial Discs, Dynamic Stabilization Devices, Spinal Fusion Implants, Others. Based on application, the market can be segmented into Cervical, Thoracic, Lumber. Based on the material, the market can be differentiated into Stainless Steel, Titanium, Cobalt Chrome, Polyetheretherketone (PEEK), Others. Based on surgery, the market can be divided into Open Surgery, Minimally Invasive.. Based on indication, the market can be divided into Spinal Trauma, Deformity. Regionally, North America dominated the market amongst Asia Pacific, Europe, Middle East & Africa, and South America. Among different countries, the United States dominates the global spinal implant market on account of the increasing incidence of spinal disorders in the country.
Recent Development
- InAugust 2021, Aurora Spine Corporation received FDA 510(k) clearance for DEXA-CCervical Interbody System.
- InAugust 2021, Camber Spine received FDA 510(k) clearance for both its SPIRA-PPosterior Lumbar Spacer technology and SPIRA-T Oblique Posterior Lumbar Spacertechnologies.
- InOctober 2020, Medtronic launched Adaptix Interbody System, a navigated titaniumimplant with Titan nanoLOCK surface technology, a blend of surface textures onthe macro, micro, and nano levels.
Market Players
Medtronic Plc, Johnson & Johnson, Zimmer Biomet, Inc, Stryker Corporation, NuVasive, Inc., Alphatec Holdings, Inc., Surgalign Holdings, Inc., B. Braun Melsungen AG, SeaSpine Holdings Corporation, Globus Medical Inc. are some of the leading players operating in the Global Spinal Implant Market.
Attribute | Details |
Base Year | 2022 |
Historic Data | 2018 – 2021 |
Estimated Year | 2023 |
Forecast Period | 2024 – 2028 |
Quantitative Units | Revenue in USD Million, and CAGR for 2018-2022 and 2023-2028 |
Report Coverage | Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered | By Product Type By Application By Material By Surgery By Indication By Region |
Regional scope | North America; Europe; Asia Pacific; South America; Middle East & Africa |
Country scope | United States; Canada; Mexico; France; Germany; United Kingdom; Italy; Spain; China; India; Japan; South Korea; Australia; Brazil; Argentina; Colombia; South Africa; Saudi Arabia; UAE |
Key companies profiled | Medtronic Plc, Johnson & Johnson, Zimmer Biomet, Inc, Stryker Corporation, NuVasive, Inc., Alphatec Holdings, Inc., Surgalign Holdings, Inc., B. Braun Melsungen AG, SeaSpine Holdings Corporation, Globus Medical Inc. |
Customization scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
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Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |