Global Spinal Implants Market 2024-2028
The spinal implants market is forecasted to grow by USD 3567.08 mn during 2023-2028, accelerating at a CAGR of 5.59% during the forecast period. The report on the spinal implants 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 rising prevalence of spinal disorders, favorable reimbursement scenario, and growing focus on developing custom implants.
Technavio's spinal implants market is segmented as below:
By End-user
- Hospitals
- Ambulatory surgical centers
- Specialty clinics
By Product
- Spinal fusion implants
- Non-fusion spinal implants
By Geographical Landscape
- North America
- Europe
- Asia
- Rest of World (ROW)
This study identifies the rising minimally invasive procedures as one of the prime reasons driving the spinal implant market growth during the next few years. Also, the emergence of robotic-assisted surgery and the increasing use of ADR will lead to sizable demand in the market.
The report on the spinal implants market covers the following areas:
- Spinal implants market sizing
- Spinal implants market forecast
- Spinal implants 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 market vendors that include B.Braun SE, Globus Medical Inc., icotec AG, Implanet SA, Inion Oy, Innovasis Inc., JAYON IMPLANTS Pvt. Ltd., Johnson and Johnson, Medacta International SA, Medtronic Plc, MicroPort Scientific Corp., Orthofix Medical Inc., OrthoPediatrics Corp., Precision Spine Inc., RTI Surgical Inc., Stryker Corp., ulrich GmbH and Co. KG, Xtant Medical Holdings Inc., ZAVATION, and Zimmer Biomet Holdings Inc.. Also, the spinal implants 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.