Most of the spinal
conditions/disorders do not need surgeries but there are times when they
cannot be avoided. In such surgical processes, specially designed
spinal instruments are used to correct deformities, strengthen and
stabilize the spine and facilitate fusion. Most of the spinal implants
are generally made of metals such as stainless steel or titanium-alloy,
whereas some are made of non-metallic compounds. This market is expected
to have a moderate growth rate primarily due to increase in aging
population coupled with number of patients suffering from chronic back
pain, increased awareness resulting into adoption of newer and improved
technologies by surgeons and patients and last but not the least
advancement in technology. However, price concerns and unstable
reimbursement policies are expected to restrain the growth of the market
to a certain extent.
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The market is segmented on the basis
of technology used such as fusion, spine biologics, non-fusion, products
intended for vertebral compression fracture and spinal decompression.
Each segment is divided into different categories for further cross
sectional analysis. North America is one of the geographies that still
continue to occupy a larger share of the market followed by Europe. On
the other hand Asian countries represent faster growing regional
markets, mainly due to the improving reimbursement policies, large
population, growing awareness about new technologies and increased
purchasing power of hospitals.
Some of the major players profiled in
this report include Medtronic, Stryker Corporation, Pioneer Surgical,
NuVasive, DePuy Spine, Globus Medical, K2M, Orthofix International,
TranS1, Amedica, Zimmer, LDR Holdings, Biomet Spine, Exactech, Integra
LifeSciences, Alphatec Spine, Orthovita and Synthes etc.
This research report analyzes this
market depending on its market segments, major geographies, and current
market trends. Geographies analyzed under this research report include
- North America
- Asia Pacific
- Europe
- Rest of the World
This report provides comprehensive analysis of
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for upcoming years
This report is a complete study of
current trends in the market, industry growth drivers, and restraints.
It provides market projections for the coming years. It includes
analysis of recent developments in technology, Porter’s five force model
analysis and detailed profiles of top industry players. The report also
includes a review of micro and macro factors essential for the existing
market players and new entrants along with detailed value chain
analysis.
Reasons for Buying this Report
- This report provides pin-point analysis for changing competitive dynamics
- It provides a forward looking perspective on different factors driving or restraining market growth
- It provides a technological growth map over time to understand the industry growth rate
- It provides a seven-year forecast assessed on the basis of how the market is predicted to grow
- It helps in understanding the key product segments and their future
- It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
- It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments
- It provides distinctive graphics and exemplified SWOT analysis of major market segments
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