Spinal Fusion Devices Market Trends, Key Players Analysis And Forecast To 2028

The newly added Spinal Fusion Devices Market research report by Value Market Research disclose all the important information associated with the market such as value, growth factor, trends, market share, size, and challenges for the forecasted timeline 2020-2028. Further, this report also highlights smart strategy adopted by major players and also their market share. Basically, this report is designed to give a proper understanding of industry structure and competition intensity attractiveness.

The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the spinal fusion devices market include Alphatec Holdings, Inc., B. Braun Melsungen AG, Depuy Synthes (Johnson & Johnson), Exactech, Inc., Globus Medical, Inc., Medtronic Plc., NuVasive, Inc., Orthofix International N.V., Stryker Corporation, Zimmer Biomet Holdings, Inc. Other players include Paragon Medical, Inc., Norman Noble, Inc., Nutech, Titan Spine, Wenzel Spine, Inc., X-Spine Systems, Inc., Tecomet, Inc., Marox Corporation, Axial Medical, Spine Wave, Inc., K2M, Inc., and Captiva Spine, LLC. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.

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Market Dynamics

The global spinal fusion devices market is estimated to grow by exhibiting a single-digit annual growth in the future. A rapidly rising global elderly population is the key factor driving for the growth of this market. The UN estimates that by the year 2050, 16% of the world’s population will be over the age of 65. The geriatric population is more vulnerable to spinal cord injuries. This shows with the increase in the elderly population across the globe, the threat of spinal cord injury rises in succession, thereby boosting the demand for spinal fusion devices. However, the current COVID-19 situation may restrict spending abilities of people across the globe, which is likely to restraint the market demands.    

The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.

Additionally, these tools also give inclusive assessment of each application/product segment in the global market of spinal fusion devices.

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Market Segmentation

The entire spinal fusion devices market has been sub-categorized into product and surgery. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.

By Product

1. Thoracolumbar Devices

•          Anterior Lumbar Plates
•          Lumbar Plates
•          Pedicle Screw
•          Rods
•          Hooks
•          Wires & Cables
•          Crosslinks

2. Cervical Fixation Devices

•          Anterior Cervical Plates
•          Hook Fixation Systems
•          Plates & Screws
•          Clamps
•          Wires

3. Interbody Fusion Devices

•          Non-Bone Interbody Fusion Devices
•          Bone Interbody Fusion Devices

By Surgery

•          Open Spine Surgery
•          Minimally Invasive Spine Surgery

Regional Analysis

This section covers regional segmentation which accentuates on current and future demand for spinal fusion devices market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.

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