Global Spinal Implants Market Growth 2024-2030
Spinal implants help correct the deformities of the spine, facilitate bone fusion, and strengthen and stabilize the spine. Conditions such as chronic pain due to degenerative disc diseases (DDDs) and fractures in the spine caused by trauma or osteoporosis can be treated through surgeries that involve the implantation of spinal implants for bone fusion. Spondylolisthesis, scoliosis, disc herniation, and spinal stenosis are some of the Others spinal disorders. Spinal implants are composed of metals such as titanium, titanium alloy, and stainless steel or bio-absorbable materials.
The global Spinal Implants market size is projected to grow from US$ 12610 million in 2023 to US$ 15760 million in 2030; it is expected to grow at a CAGR of 3.2% from 2024 to 2030.
LP Information, Inc. (LPI) ' newest research report, the “Spinal Implants Industry Forecast” looks at past sales and reviews total world Spinal Implants sales in 2023, providing a comprehensive analysis by region and market sector of projected Spinal Implants sales for 2024 through 2030. With Spinal Implants sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Spinal Implants industry.
This Insight Report provides a comprehensive analysis of the global Spinal Implants landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Spinal Implants portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Spinal Implants market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Spinal Implants and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Spinal Implants.
In terms of geography, the Americas led the global spinal implants market and is likely to reach more than USD 12 billion by 2025. Countries such as the US and Canada have advanced infrastructure-based medical facilities, making them the highest revenue contributors in the region. As the volume of these surgeries is increasing at a rapid pace, the vendors are coming up with spinal implants that are easy to use and insert. Also, the vast acceptance of MI spine surgeries is anticipated to drive this market’s growth in the Americas.
This report presents a comprehensive overview, market shares, and growth opportunities of Spinal Implants market by product type, application, key manufacturers and key regions and countries.
Segmentation by type
Titanium Alloy
Stainless Steel
Bio-absorbable Materials
Others
Segmentation by application
Open Spine Surgery
Minimally Invasive Spine Surgery
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
DePuy Synthes
Stryker Corporation
Medtronic
NuVasive
Zimmer Biomet Holdings
Accel Spine
Aesculap
Globus Medical
Alphatec Holdings
Orthofix International
Amedica
Apollo Spine
K2M Group Holdings
RTI Surgical
Centinel Spine
Key Questions Addressed in this Report
What is the 10-year outlook for the global Spinal Implants market?
What factors are driving Spinal Implants market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Spinal Implants market opportunities vary by end market size?
How does Spinal Implants break out type, application?
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