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Spine Implants Market in the US 2016-2020

Spine Implants Market in the US 2016-2020

About Spine Implants in the US

The spine implants help in correcting deformities of the spine and restoring the function of the spine. Some of the conditions that require the use of spine implants are spondylolisthesis, chronic degenerative disc diseases (DDDs), traumatic fracture, and other forms of spinal instability including scoliosis. These implants are mainly composed of titanium, stainless steel, polyether ether ketone (PEEK), carbon fiber, and other bio-absorbable materials.

Technavio’s analysts forecast the spine implants market in the US to grow at a CAGR of 5.29% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the spine implants market in the US for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales generated from the sales of spine implants.

Technavio's report, Spine Implants Market in the US 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

  • Medtronic
  • DeBuy Synthes
  • Stryker
  • NuVasive
Other prominent vendors
  • AccelSPINE (CTL Medical Group)
  • AESCULAP
  • Alliance Spine
  • Alphatec Spine
  • Amedica Corporation
  • Globus Medical
  • K2M
  • LDR
  • Life Spine
  • Orthofix International
  • Paradigm Spine
  • Precision Spine
  • RTI Surgical
  • Spine Surgical Innovations
  • Spineology
  • Titan Spine
  • TranS1
  • Wenzel Spine
  • Zimmer Biomet
  • Zyga Technology
Market driver
  • Increasing prevalence of spinal disorders such as spinal stenosis
  • For a full, detailed list, view our report
Market challenge
  • Lack of product differentiation
  • For a full, detailed list, view our report
Market trend
  • Emerging motion preservation technology (non-fusion)
  • 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 – Spine Implants Market in the US 2016-2020

Technavio recognizes the following companies as the key players in the spine implants market in the US: Medtronic, DePuy Synthes, Stryker, and NuVasive

Other Prominent Vendors in the market are: AccelSPINE, AESCULAP, Alliance Spine, Alphatec Spine, Amedica Corporation, Globus Medical, K2M, LDR, Life Spine, Orthofix, Paradigm Spine, Precision Spine, RTI Surgical, Spine Surgical Innovations, Spineology, Titan Spine, TranS1, Wenzel Spine, Zimmer-Biomet, and Zyga Technology

Commenting on the report, an analyst from Technavio’s team said: “Robotic technology is a widely used technology in the US and the adoption of the technology is faster. The robotic technology allows the surgeons to plan the surgery and retain accuracy of the procedure. The technology customization is an added advantage in providing better patient solutions. This technology helps in guiding the surgeon during the procedure. In the US, about 1.34 million spine surgeries are carried out in a year. The surgical robots would help in reducing the procedure cost and healthcare expenditure in the country. The market penetration of surgical robots is about 35% and it is likely to grow further in the future helping in maintaining the accuracy of the procedure.”

According to the report, spinal stenosis is the condition where the narrowing of space occurs in the spine, which increases pressure on the spinal cord and nerves. About 75% of the spinal stenosis cases were reported to occur in the lumbar spine region. There is a rise in the prevalence of this spinal disorder due to the changes in lifestyle, increasing older population, and rise in obesity cases in the country

Further, the report states that the high procedure cost has led to the shift of patients from invasive to MIS procedures. Spinal procedures are increasing due to the changes in lifestyle and increasing older population in the country. Most of the spinal procedures are covered under Medicare, due to which the number of spinal procedures is rising in the country.



Companies Mentioned

Medtronic, DePuy Synthes, Stryker, NuVasive, AccelSPINE, AESCULAP, Alliance Spine, Alphatec Spine, Amedica Corporation, Globus Medical, K2M, LDR, Life Spine, Orthofix, Paradigm Spine, Precision Spine, RTI Surgical, Spine Surgical Innovations, Spineology, Titan Spine, TranS1, Wenzel Spine, Zimmer-Biomet, Zyga Technology.

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
    • Top-vendor offerings
      • Table Product offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
      • Table Types of spine implants and their uses
  • Market landscape
    • Market overview
      • Table Market overview: Spine implants market in the US
      • Table Impact assessment of spine implants market in the US
    • Market size and forecast
      • Table Spine implants market in the US 2015-2020 ($ billions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by product
    • Table Spine implants market segmentation by product in the US 2015
    • Table Spine implants market segmentation by product in the US 2020
    • Table Market opportunity of the spine implants in the US
    • Spinal fusion implants
      • Table Market dynamics of spinal fusion implants in the US
      • Table Spinal fusion implants market segmentation by product in the US 2015
      • Table Factors affecting the spinal plating systems market in the US
      • Table Interbody cages by material and their advantages
      • Table Factors affecting the interbody cages market in the US
      • Table Factors affecting the fixation systems market in the US
    • Market size and forecast
      • Table Spinal fusion implant market in the US 2015-2020 ($ billions)
    • Spinal non-fusion implants
      • Table Spinal non-fusion implants market segmentation by product in the US 2015
      • Table Market dynamics of spinal non-fusion implants in the US
      • Table Factors affecting artificial disc market in the US
      • Table Factors affecting dynamic stabilization devices market in the US
      • Table Factors affecting annulus repair devices market in the US
      • Table Factors affecting nuclear disc prosthesis market in the US
    • Market size and forecast
      • Table Spinal non-fusion implants market in the US 2015-2020 ($ billions)
  • Market segmentation by procedure
    • Table Spine implants market segmentation by procedure in the US 2015
    • Table Spine implants market segmentation by procedure in the US 2020
    • Conventional spine surgery
      • Table Conventional spine surgery market in the US 2015-2020 ($ billions)
      • Table Market scenario for conventional spine surgeries
    • Minimal invasive spine surgery
      • Table MIS spine surgery market in the US 2015-2020 ($ billions)
      • Table Market scenario for MIS surgeries
  • Market segmentation by end-user
    • Table Spine implants market segmentation by end-user 2015
    • Table Spine implants market segmentation by end-user 2020
    • Hospitals
      • Table Percentage coverage of different types of hospitals in the US
      • Table Different categories of hospitals in the US
      • Table Number of hospitals in the US (2010-2015)
    • ASCs
      • Table Medical specialists served in the ASCs
      • Table Number of licensed ASCs in the US 2015
      • Table Factors influencing long-term growth of Medicare-certified ASCs
  • Market drivers
    • Increasing prevalence of spinal disorders such as spinal stenosis
      • Table Percentage of spinal disorders encountered in different parts of the spine
    • Outpatient spinal surgery for saving cost
      • Table Number of ASCs in the US
    • Increased preference for MIS
      • Table Comparison between conventional and MIS procedures
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • Product recalls
      • Table Spine implants recalled by the regulatory body
    • Lack of product differentiation
    • High procedure cost
      • Table Spinal procedure cost
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Emerging motion preservation technology (non-fusion)
    • Paradigm shift toward robotic and customized patient solutions
    • Low-cost negotiations by group purchasing organizations for the spine implants
      • Table Cost comparison of the POD and non-POD devices
  • Vendor landscape
    • Competitive scenario
      • Table Competitive structure analysis of spine implants market in the US 2015
      • Table Competitive landscape analysis of spine implants market in the US (2015)
      • Table Market penetration of various spine implant manufacturers in the US (2015)
      • Table Strategic success factors for companies in spine implants market
  • Key vendor analysis
    • Geographic presence - key vendor analysis
    • Medtronic
      • Table Medtronic profile
      • Table Medtronic: Strength analysis
      • Table Medtronic: Growth strategy matrix
      • Table Medtronic: Opportunity assessment
    • DePuy Synthes
      • Table DePuy Synthes profile
      • Table DePuy Synthes: Strength analysis
      • Table DePuy Synthes: Growth strategy matrix
      • Table DePuy Synthes: Opportunity assessment
    • Stryker
      • Table Stryker Corporation profile
      • Table Stryker Corporation: Strength analysis
      • Table Stryker Corporation: Growth strategy matrix
      • Table Stryker Corporation: Opportunity assessment
    • NuVasive
      • Table NuVasive profile
      • Table NuVasive: Strength analysis
      • Table NuVasive growth strategy matrix
      • Table NuVasive: Opportunity assessment
    • Other prominent vendors
      • Table Other prominent vendors in the US
  • Appendix
    • List of abbreviations
  • Explore Technavio

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