Spinal Fusion Devices Market 2024-2028
The spinal fusion devices market is forecasted to grow by USD 2689.1 mn during 2023-2028, accelerating at a CAGR of 4.9% during the forecast period. The report on the spinal fusion devices market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing prevalence of spinal disorders, increasing launches of spinal fusion devices, and growing geriatric population.
Technavio's spinal fusion devices market is segmented as below:
- By Application
- Minimally invasive spine surgery
- Open spine surgery
- By Product Type
- Thoracolumbar devices
- Cervical fixation devices
- Interbody fusion devices
- Biologics
- By Geographical Landscape
- North America
- Europe
- Asia
- Rest of World (ROW)
This study identifies the technological advances related to spinal devices as one of the prime reasons driving the spinal fusion devices market growth during the next few years. Also, increasing mergers and acquisitions between vendors and increasing market penetration in emerging countries will lead to sizable demand in the market.
The report on the spinal fusion devices market covers the following areas:
- Spinal fusion devices market sizing
- Spinal fusion devices market forecast
- Spinal fusion devices market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading spinal fusion devices market vendors that include Alphatec Holdings Inc., B.Braun SE, Captiva Spine Inc., ChoiceSpine LLC, Globus Medical Inc., Johnson and Johnson Services Inc., Life Spine Inc., Medtronic PLC, Orthofix Medical Inc., Precision Spine Inc., RTI Surgical Inc., Spinal Elements Inc., Spine Wave Inc., Spineology Inc., Stryker Corp., Vallum Corp., Xtant Medical Holdings Inc., ZAVATION, and Zimmer Biomet Holdings Inc.. Also, the spinal fusion devices market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.