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Global Lumbar Spine Fusion Market 2016-2020

Global Lumbar Spine Fusion Market 2016-2020

About Spinal Fusion

Spinal fusion surgery is performed in many forms, and all are designed to help limit the pain caused by joints through surgery depending on conditions such as degenerative disc disease (DDD), spondylosyndesis or spondylodesis, and other small problems caused in spine vertebrae. Spine surgery is mostly recommended by surgeons when they pinpoint the source of pain in the individual. To determine this, physicians use imaging tests such as computed tomography (CT), magnetic resonance imaging (MRI), and X-rays.

Technavio’s analysts forecast the global lumbar spine fusion market to grow at a CAGR of 4.9% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global lumbar spine fusion market for 2016-2020. To calculate the market size, we consider revenue generated from the sales of lumbar spine fusion devices to key customer segments such as hospitals and ambulatory surgical centers (ASCs).The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Lumbar Spine Fusion Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • DePuy Synthes
  • Medtronic
  • NuVasive
  • Stryker
  • Zimmer Biomet
Other prominent vendors
  • Aesculap Implant Systems
  • Alliance Spine
  • Alphatech Spine
  • Amedica
  • AOI Medical
  • Apollo Spine
  • Cook Medical
  • Crosstrees Medical
  • K2M
  • LDR Holding
  • MEDICREA
  • NuTech Medical
  • Orthofix International
  • Paradigm Spine
  • RTI Surgical
  • Smith & Nephew
  • Trans1
  • Vexim
  • VTI
  • Zavation
Market driver
  • Increase in prevalence of spinal disorders
  • For a full, detailed list, view our report
Market challenge
  • Complications and risks associated with lumbar fusion
  • For a full, detailed list, view our report
Market trend
  • Advances in technology
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Lumbar Spine Fusion Market 2016-2020

Technavio recognizes the following companies as the key players in the global lumbar spine fusion market: DePuy Synthes, Medtronic, NuVasive, Stryker, and Zimmer Biomet.

Other Prominent Vendors in the market are: Aesculap Implant Systems, Alliance Spine, Alphatech Spine, Amedica, AOI Medical, Apollo Spine, Cook Medical, Crosstrees Medical, K2M, LDR Holding, MEDICREA, NuTech Medical, Orthofix International, Paradigm Spine, RTI Surgical, Smith & Nephew, Trans1, Vexim, VTI, and Zavation.

Commenting on the report, an analyst from Technavio’s team said: “that increasing use of surface modified titanium in spinal implants is one of the trends spurring growth for the market. Use of titanium to manufacture spinal implants has increased in the recent years. Spinal implants such as cages, rods, screws, hooks, wires, plates, and bolts are being manufactured with titanium over stainless steel. A new class of titanium implants with nano-roughened (micron-level) surface modifications have been shown to induce greater osteoblast differentiation of culture stem cells than PEEK. These implants are strong, lightweight, and allow for better CT and MRI imaging after implantation with minimum interference. In addition, titanium implants maintain a porous structure on the inner surfaces promoting integration of bone for enhanced fusion and retroserrated toothing on the caudal and cranial surfaces of the implant, providing effective primary stability. Hence, growing use of titanium in spinal implants will contribute to the growth of lumbar fusion market during the forecast period.”

According to the report, rising popularity of physician-owned ASCs is a key driver aiding to the growth of this market. Lumbar fusion surgeries have improved the quality of life of patients and implantation of spine implants have proven to be safe and efficient globally. As most lumbar spine surgeries are minimally invasive, these procedures reduce the risk of infections, need for blood transfusion, and hospital stay; cause minimal blood loss, scarring, lead to quick healing and recovery, and better clinical outcome. Many surgeons started practicing surgeries in an outpatient setting, especially for spine and bone disorders. Some of the spine fusion surgeries such as lumbar fusion procedure can be performed in ASCs. Surgeons are already performing lumbar fusions, TLIFs, and PLIFs regularly in few ASCs. ASCs mostly conduct these surgeries, which are also known as ambulatory or same-day surgeries. Many people are fast becoming aware of the potential benefits of spine fixation surgeries. Minimal complications of these surgeries help in lowering of overall medical expenses, unlike traditional open back surgeries that can increase hospital stay and expenditure.

Further, the report states that complications and risks associated with lumbar fusion is a major challenge the market is facing. There is a risk of potential complications related to spine surgeries. Sometimes, the bones take longer to fuse (known as delayed union) and in some cases the bones do not fuse (known as non-union). This requires a need for a second surgery to allow healing of the bones. In some instances, the metal screws, plates, and rods that form the hardware of spinal implants either break or get displaced. Similar to other surgeries, complications may arise during the implantation of spinal implants. The surgical procedure itself can cause neurological damage or soft tissue damage. Other complications of lumbar fusion implant procedures include implant migration, pseudarthrosis, and transitional syndrome. Also, the risk of infection, spinal cord injury, paralysis, sexual dysfunction, and persistent pain can also be observed in patients with spinal implants. Thus, the potential risk of complications associated with spinal implants is one of the major challenges for the market, which affects the adoption of lumbar fusion surgeries.

Companies Mentioned

DePuy Synthes, Medtronic, NuVasive, Stryker, Zimmer Biomet, Aesculap Implant Systems, Alliance Spine, Alphatech Spine, Amedica, AOI Medical, Apollo Spine, Cook Medical, Crosstrees Medical, K2M, LDR Holding, MEDICREA, NuTech Medical, Orthofix International, Paradigm Spine, RTI Surgical, Smith & Nephew, Trans1, Vexim, VTI, Zavation.

  • Executive summary
    • Highlights
  • Scope of the report
    • Top-vendor offerings
      • Table Product offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
    • Lumbar fusion: An overview
      • Table Spine fusion techniques
      • Table Types of spinal implants and their use
      • Table Steps involved in lumbar spinal fusion surgery
      • Table FDA classification on medical device by type of class
      • Table Reimbursement scenario in few countries
  • Market landscape
    • Market overview
      • Table Market overview: Global lumbar spine fusion market 2015
      • Table Global lumbar spine fusion market analysis: Developed and emerging markets
    • Market size and forecast
      • Table Global lumbar spine fusion market 2015-2020 ($ billions)
      • Table Opportunity analysis: Global lumbar spine fusion market
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by product type
    • Table Global lumbar spine fusion market by product type
    • Implants and instrumentation
      • Table Implants and instrumentation split 2015 (%)
    • Biomaterials
      • Table Global lumbar spine fusion market by product type 2015 and 2020
      • Table Global lumbar spine fusion market by product analysis 2015
      • Table Market growth lifecycle for lumbar implants and instrumentation and biomaterials 2015
  • Global lumbar spine implants and instrumentation market
    • Market overview
      • Table Opportunity analysis: Global lumbar spine implants and instrumentation market
    • Market size and forecast
      • Table Global lumbar spine implants and instrumentation market 2015-2020 ($ billions)
  • Global lumbar spine fusion biomaterials market
    • Market overview
      • Table Opportunity analysis: Global lumbar spine fusion biomaterials market
    • Market size and forecast
      • Table Global lumbar spine fusion biomaterials market 2015-2020 ($ billions)
      • Table Global lumbar spine fusion market by product type 2015-2020 ($ billions)
      • Table Global lumbar spine fusion market by product type 2015-2020 (%)
      • Table Market insights of global lumbar spine fusion 2015-2020
  • Market segmentation by procedure
    • Global lumbar spine fusion market by traditional surgery
      • Table Global lumbar spine fusion market by traditional surgery 2015-2020 ($ billions)
    • Global lumbar spine fusion market by minimally invasive surgery
      • Table Global lumbar spine fusion market by minimally invasive surgery 2015-2020 ($ billions)
      • Table MI lumbar spine fusion surgeries: Product analysis
      • Table Global lumbar spine fusion market by procedure 2015-2020 ($ billions)
      • Table Global lumbar spine fusion market segmentation by procedure 2015-2020 (%)
  • Market segmentation by end-user
    • Hospitals
    • ASCs
      • Table Global lumbar spine fusion market by end-user 2015
  • Geographical segmentation
    • Table Global lumbar spine fusion market by geography 2015 and 2020
    • Table Geographical overview: Global lumbar spine fusion market 2015 and 2020
    • Lumbar spine fusion market in Americas
      • Table Segmentation of lumbar spine fusion market in Americas by geography 2015
      • Table Lumbar spine fusion market in Americas 2015-2020 ($ billions)
      • Table Lumbar fusion market in Americas: Enablers and constraints
      • Table Lumbar spine fusion market in US 2015-2020 ($ billions)
    • Lumbar spine fusion market in EMEA
      • Table Percentage of geriatric population in few countries of EMEA 2014
      • Table Lumbar spine fusion market in EMEA 2015-2020 ($ billions)
      • Table Lumbar spine fusion market split in EMEA by geography 2015
      • Table Factors influencing market growth in Europe
    • Lumbar spine fusion market in APAC
      • Table Lumbar spine fusion market in APAC 2015-2020 ($ billions)
      • Table Lumbar spine fusion market in APAC by geography 2015
      • Table Global lumbar spine fusion market by geography 2015-2020 ($ billions)
      • Table Global lumbar spine fusion market by geography 2015-2020 (%)
  • Market drivers
    • Increase in prevalence of spinal disorders
    • Growing popularity of MI spinal surgeries
    • Rising popularity of physician-owned ASCs
      • Table Number of ASCs in US 2008-2015
      • Table CMS reimbursement codes for few major spine surgeries performed in ASCs
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • Complications and risks associated with lumbar fusion
    • High cost of lumbar fusion surgery
      • Table Cost comparison of major spine surgeries (pre-surgery costs) 2015
    • Unfavorable reimbursement scenario
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Advances in technology
    • Rise in outsourcing by OEMs
    • Increase in M&A
      • Table Major M&A in global lumbar spine fusion market
    • Increased use of surface modified titanium in spinal implants
  • Vendor landscape
    • Competitive scenario
      • Table Leading contract manufacturers in global lumbar spine fusion market
      • Table Global lumbar spine fusion market: Competitive landscape 2015
  • Key vendor analysis
    • DePuy Synthes
      • Table DePuy Synthes: Profile
      • Table DePuy Synthes: Strength analysis
      • Table DePuy Synthes: Growth strategy matrix
      • Table DePuy Synthes: Opportunity assessment
    • Medtronic
      • Table Medtronic: Profile
      • Table Medtronic: Strength analysis
      • Table Medtronic: Growth strategy matrix
      • Table Medtronic: Opportunity assessment
    • NuVasive
      • Table NuVasive: Profile
      • Table NuVasive: Strength analysis
      • Table NuVasive: Growth strategy matrix
      • Table NuVasive: Opportunity assessment
    • Stryker
      • Table Stryker: Profile
      • Table Stryker: Strength analysis
      • Table Stryker: Growth strategy matrix
      • Table Stryker: Opportunity assessment
    • Zimmer Biomet
      • Table Zimmer Biomet: Profile
      • Table Zimmer Biomet: Strength analysis
      • Table Zimmer Biomet: Growth strategy matrix
      • Table Zimmer Biomet: Opportunity assessment
    • Other prominent vendors
  • Appendix
    • List of abbreviations
  • Explore Technavio

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