Spinal Implants Market Key Finding, Latest Trends Progression Status, & Revenue Analysis

Report Overview:

The following report titled “Global Spinal Implants Market: By Product (Thoracic & Lumbar Fusion Devices, Cervical Fusion Devices, Spine Biologics, VCF Treatment Devices, Spinal Decompression Devices, Non-fusion Devices, Spine Bone Stimulators), By Application (Spinal Fusion & Fixation, VCF Treatment, Motion Preservation/Non-fusion, Spinal Decompression) and other forecast 2024-2030” provides a comprehensive analysis of the market, focusing on key details such as market size, growth trends, determinants of growth, segments covered, and the role of leading players in the industry.

Global Spinal Implants Market Summary

The Global Spinal Implants Market size was valued at USD 10.6 billion in 2023 and is estimated to grow at a CAGR of around 6.1% during the forecast period, i.e., 2024-30. The market expansion is attributed to several factors, such as the surge in sports injuries, increasing technological advancements, etc. The United Nations mentioned in 2023 that, globally, every year road traffic crashes cause around 20 to 50 million non-fatal injuries. Such road traffic accidents largely responsible for spinal and other injuries have propelled the demand for spinal implants.

Report Coverage & Details

Forecast Period: 2024-2030
Base Year: 2023
Market Size in 2023: USD 10.6 Billion
CAGR: 6.1%

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Spinal Implants Market Trend:

Growing Preference for Minimally Invasive Spinal Implants – The preference for minimally invasive spinal implants is increasing and this comes as a significant trend in the Global Spinal Implants Market. The minimally invasive spinal implants treat spinal conditions with less disruption to surrounding tissues compared to traditional implants. They offer advantages such as reduced trauma, reduced blood loss, reduced risk of surgical complications, reduced risk of infection, reduced scarring, reduced recovery time, and reduced pain and need for medication, which increases their acceptance among the patients and the healthcare professionals.

Segmentation Analysis: Spinal Implants Market

By Product

Thoracic & Lumbar Fusion Devices- Market Size & Forecast 2019-2030, USD Million
- Posterior Thoracic & Lumbar Fusion Devices - Market Size & Forecast 2019-2030, USD Million
- Interbody Thoracic & Lumbar Fusion Devices- Market Size & Forecast 2019-2030, USD Million
- Anterior Thoracic & Lumbar Fusion Devices- Market Size & Forecast 2019-2030, USD Million
Cervical Fusion Devices- Market Size & Forecast 2019-2030, USD Million
- Anterior Cervical Fusion Devices- Market Size & Forecast 2019-2030, USD Million
- Posterior Cervical Fusion Devices- Market Size & Forecast 2019-2030, USD Million
Spine Biologics- Market Size & Forecast 2019-2030, USD Million
- Demineralized Bone Matrix- Market Size & Forecast 2019-2030, USD Million
- Bone Morphogenetic Proteins- Market Size & Forecast 2019-2030, USD Million
- Bone Substitutes- Market Size & Forecast 2019-2030, USD Million
- Machined Bones- Market Size & Forecast 2019-2030, USD Million
- Cell-based Matrices- Market Size & Forecast 2019-2030, USD Million
- Allograft Bone- Market Size & Forecast 2019-2030, USD Million
VCF Treatment Devices- Market Size & Forecast 2019-2030, USD Million
- Balloon Kyphoplasty Devices- Market Size & Forecast 2019-2030, USD Million
- Vertebroplasty Devices- Market Size & Forecast 2019-2030, USD Million
Spinal Decompression Devices- Market Size & Forecast 2019-2030, USD Million
- Discectomy- Market Size & Forecast 2019-2030, USD Million
- Laminoplasty, Laminectomy, and Laminotomy- Market Size & Forecast 2019-2030, USD Million
- Foraminotomy & Foraminectomy- Market Size & Forecast 2019-2030, USD Million
- Facetectomy- Market Size & Forecast 2019-2030, USD Million
- Corpectomy- Market Size & Forecast 2019-2030, USD Million
Non-fusion Devices- Market Size & Forecast 2019-2030, USD Million
- Dynamic Stabilization Devices- Market Size & Forecast 2019-2030, USD Million
- Artificial Discs- Market Size & Forecast 2019-2030, USD Million
- Annulus Repair Devices- Market Size & Forecast 2019-2030, USD Million
- Nuclear Disc Prostheses- Market Size & Forecast 2019-2030, USD Million
Spine Bone Stimulators- Market Size & Forecast 2019-2030, USD Million
- Non-invasive Spine Bone Stimulators- Market Size & Forecast 2019-2030, USD Million
- Invasive Spine Bone Stimulators- Market Size & Forecast 2019-2030, USD Million

By Application

Spinal Fusion & Fixation- Market Size & Forecast 2019-2030, USD Million
VCF Treatment- Market Size & Forecast 2019-2030, USD Million
Motion Preservation/Non-fusion- Market Size & Forecast 2019-2030, USD Million
Spinal Decompression- Market Size & Forecast 2019-2030, USD Million

By Type of Surgery

Open Surgery- Market Size & Forecast 2019-2030, USD Million
Minimally Invasive Surgery- Market Size & Forecast 2019-2030, USD Million

By End User

Hospitals- Market Size & Forecast 2019-2030, USD Million
Specialty Clinics- Market Size & Forecast 2019-2030, USD Million
Others (Ambulatory Surgical Centers, Research Organisations, etc.)

By Region

North America
South America
Europe
The Middle East & Africa
Asia-Pacific

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Region: North America Holds a Major Market Share

Among them, North America holds the largest share of the Global Spinal Implants Market.

Leading Players Analysis: Spinal Implants Market

The report provides detailed analysis of key players in the global Spinal Implants market, highlighting their strategies and competitive scenario.

Medtronic Plc
Johnson & Johnson Medtech
Nuvasive, Inc.
Stryker Corporation
Globus Medical, Inc.,
Zimmer Biomet Holdings, Inc.
Orthofix International N.V
Ulrich Gmbh & Co. Kg
B. Braun Melsungen Ag
Integra Lifesciences Holdings Corporation
Boston Scientific Corporation
Abbott Laboratories
Spineart, Centinel Spine Llc
Premia Spine

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Identifying Investment Opportunities: Through trend analysis and industry insights, stakeholders can identify attractive investment opportunities and stay ahead in the market for better ROI.

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