Global Spinal Surgery Devices Market 2018-2022
About Spinal Surgery Devices
Spine surgery helps to restore functions of the spine by treating spinal disorders such as spine deformities, disc herniation, spondylolisthesis, scoliosis, degenerative discs, trauma, spinal stenosis, and tumors in the spine region.
Technavio’s analysts forecast the global spinal surgery devices market will post a revenue close to USD 13 billion by 2022.
Covered in this report
The report covers the present scenario and the growth prospects of the global spinal surgery devices market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Spinal Surgery Devices Market 2018-2022
Technavio recognizes the following companies as the key players in the global spinal surgery devices market: DePuy Synthes, Globus Medical, Medtronic, NuVasive, Stryker, and Zimmer Biomet.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is increase in demand for spine biologics. Biologics are materials that alter the surrounding environment and affect the change in the environment through an active biological process that increases the cellular activity, differentiation, and growth.”
According to the report, one driver in the market is growing incidence of spinal disorders. The spinal surgery devices market is driven by the rising prevalence of spinal disorders like cervical spondylitis, DDD, excessive kyphosis, and spinal stenosis. Surgery is the best treatment method for these disorders.
Further, the report states that one challenge in the market is risks and complications associated with spine devices and surgeries. Spine biologics and instruments are used in restoring spinal health. However, surgical intervention is associated with substantial risk of perioperative and intraoperative complications.
DePuy Synthes, Globus Medical, Medtronic, NuVasive, Stryker, and Zimmer Biomet.
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