Global Spinal Implants and Surgical Devices Market 2024-2028

Global Spinal Implants And Surgical Devices Market 2024-2028

The spinal implants and surgical devices market is forecasted to grow by USD 4.24 bn during 2023-2028, accelerating at a CAGR of 6.23% during the forecast period. The report on the spinal implants and surgical 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 the increasing prevalence of spinal disorders, the growing focus on developing custom spinal implants, and increasing government initiatives on healthcare devices.

Technavio's spinal implants and surgical devices market is segmented as below:

• By Type
• Open surgeries
• Minimally invasive surgeries
• By End-user
• Hospitals
• Ambulatory surgical centers
• Specialty clinics
• By Geography
• North America
• Europe
• Asia
• Rest of World (ROW)

This study identifies the technological advancements in spinal implants and surgical devices as one of the prime reasons driving the spinal implants and surgical devices market growth during the next few years. Also, reimbursement policies for spinal implant procedures and increasing launches of new products will lead to sizable demand in the market.

The report on the spinal implants and surgical devices market covers the following areas:

• Spinal implants and surgical devices market sizing
• Spinal implants and surgical devices market forecast
• Spinal implants and surgical 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 implants and surgical devices market vendors that include Abbott Laboratories, Alphatec Holdings Inc., B.Braun SE, Bioventus LLC, Boston Scientific Corp., Exactech Inc., Globus Medical Inc., Implanet SA, Integra Lifesciences Corp., Johnson and Johnson, Kuros Biosciences AG, Medtronic Plc, Nuvasive Inc., Orthofix Medical Inc., RTI Surgical Inc., Spinal Elements Inc., Spine Wave Inc., Spineart SA, Stryker Corp., ulrich GmbH and Co. KG, and Xtant Medical Holdings Inc.. Also, the spinal implants and surgical 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 research - both primary and secondary. 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 the accurate market growth.