The report provides an overview of the “Spinal Surgery Devices Market” industry including definitions, division, key vendors, key Development and market challenges. The Spinal Surgery Devices Market analysis is provided the international markets including development trends, competitive landscape analysis, and key regions development status
Through the statistical analysis, the report depicts the global Spinal Surgery Devices Market including capacity, production, production value, cost/profit, supply/demand and import/export. The entire market is further distributed by company, by country, and by application/type for the competitive landscape analysis.
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The propelling factors for the growth of the spinal surgery devices market include the increasing demand for minimally invasive surgical procedures, increasing the incidence of obesity, an aging population, and associated spine disorders. The continuous advancements in spine surgery technologies are also expected to experience a boost in the forecast period.
The Australian population is found aging rapidly, owing to reduced birth rates and increasing life expectancy. The high prevalence of neck and low back pain in the rapidly aging population is associated with a significant increase in the number of spinal disorders. While spinal imaging can be useful to identify less common causes of neck and back pain, there has been an increasing number of surgery devices.
The estimates from the Australian Bureau of Statistics, 2014–15 National Health Survey shows that there are around 3.7 million Australians that are found facing back problems. It is estimated that 70–90% of people will suffer from lower back pain in some form at some point in their lives. Therefore, the increasing prevalence of spinal deformities due to aging and unhealthy lifestyles are expected to drive the market in the near future.
In addition, minimally invasive surgeries have also gathered great attention as a means of improving patient recovery and reducing surgical costs associated with the treatment of spinal conditions. Specialized tools and techniques are allowing traditional surgical approaches for both fusion and non-fusion procedures to be adapted to lessen the invasiveness of treatment. Hence, all these factors are associated with the spinal surgery devices market.
Scope of the Report
As per the Scope of the Report, spinal surgery is one of the fast-growing surgical techniques and has evolved into one of the major segments of the orthopedic industry. Spinal surgery is traditionally performed as open surgery, wherein a long incision allows a surgeon to access the spinal anatomy of a body. Therefore, spinal devices are used to provide stability to spinal structure, which has lost stability due to a fracture, degenerative disorders of the spine, trauma, tumors, and deformity.
The Spinal Surgery Devices Market report also presents the vendor countryside and a corresponding detailed analysis of the major vendors operating in the market. Spinal Surgery Devices Market report analyses the market potential for each geographical region based on the growth rate, macroeconomic parameters, consumer buying patterns, and market demand and supply scenarios.
Key Market Trends
Spinal Fusion is Expected to hold the Highest Market Share in the Device Type Segment
The growth of the spinal fusion devices is driven by the increase in the geriatric population and rise in the incidence of spinal disorders. In addition, the expansion in the indications for which spinal fusion surgery is performed boosts the market growth. These devices are found for treating disc degenerative diseases, spine injuries, and other disorders pertaining to the cervical, thoracic, and lumbar areas of the spine. Thus, the growing prevalence of these disorders is attributable to the large share of the segment.
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- Analyzing various perspectives of the market with the help of Porter’s five forces analysis
- Study on product type and application expected to dominate the market.
- Study on regions expected to witness fastest growth during the forecast period.
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Detailed Table of Content of Global Spinal Surgery Devices Market – Growth, Trends, Forecast and Challenges (2019 – 2024)
1.1 Study Deliverables
1.2 General Study Assumptions
2. Research Methodology
2.2 Analysis Methodology
2.3 Study Phases
2.4 Econometric Modelling
3. Executive Summary
4. Market Overview and Trends of Spinal Surgery Devices Market
4.2 Market Trends
4.3 Porter’s Five Force Framework
4.3.1 Bargaining Power of Suppliers
4.3.2 Bargaining Power of Consumers
4.3.3 Threat of New Entrants
4.3.4 Threat of Substitute Products and Services
4.3.5 Competitive Rivalry within the Industry
5. Market Dynamics of Spinal Surgery Devices Market
5.1.1 Increasing Production
5.1.2 Rising Demand
6. Global Spinal Surgery Devices Market Segmentation, By Capacity
7. Global Spinal Surgery Devices Market Segmentation, By Material Type
7.1 Type 1
7.2 Type 2
7.3 Type 3
8. Global Spinal Surgery Devices Market Segmentation, Segmented by Region
8.1 North America
8.1.1 United States
8.1.3 Rest of North America
8.2.4 Rest of Asia-Pacific
8.3.1 United Kingdom
8.3.5 Rest of Europe
8.4 Rest of the World
8.4.2 South Africa
9. Competitive Landscape and Introduction of Spinal Surgery Devices Market
9.2 Market Share Analysis
9.3 Developments of Key Players
10. Key Vendor Analysis (Overview, Products & Services, Strategies)
10.1 Company 1
10.2 Company 2
10.3 Company 3
And Many More….
No. of Pages: – 85
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