United States Spine Market (Lumbar Fusion, Deformity, Cervical Fusion, VCF, Cervical Disc & Lumbar Disc): Industry Analysis & Outlook (2019-2023)
Spine, also known as vertebral column or back bone, is a series of several irregular bones (vertebrae) located in the back of a human. Spine houses a spinal canal which protects the spinal cord by enclosing it. Spinal cord is a thin and long tubular bundle of nervous tissue and support cells. It acts as a pathway between brain and the body. There exist numerous spine disorders with various levels of severity. These disorders can be segmented under three categories which include spine deformity, spine trauma or tumor and degenerative spine disorders.
In the U.S., spine market is booming at a lucrative CAGR. The U.S holds the largest share in the global spine market owing to its rapidly increasing ageing and obese population, one of the bests healthcare infrastructure, higher concentration of key players in the nation, and growing numbers of road accidents.
The U.S. spine market is largely dominated by spine hardware segment which includes spinal fusions, deformity surgery, disc replacements, vertebroplasty, and Kyphoplasty. Lumber fusion is holding a major share in the U.S. spine market. Spine robotics and biologics segments of the market are also picking up a pace gradually.
Competitive landscape of global spine market and the U.S. spine market is quite similar. In both the markets, four players that include Medtronic, Nuvasive, JnJ, and Stryker are leading. However, in the field of spine robotics, the scenario is not the same. Globus Medical, Mazor (MDT), and Rosa are the key players of global spine robotics market as well as the U.S. spine robotics market.
- 1. Overview
- 1.1 Spine
- Table 1: Anatomy of Spine
- 1.2 Spinal Disorders
- 1.3 Treatment
- Table 2: Segments of Spine Treatment Market
- 2. Spine Market Analysis
- 2.1 Global Spine Market by Value
- Table 3: Global Spine Market by Value (2014-2018)
- 2.2 Global Spine Market Forecast by Value
- Table 4: Global Spine Market Forecast by Value (2019-2023)
- 2.3 Global Spine Market by Type
- Table 5: Global Spine Market by Type (2018)
- 2.3.1 Global Spine Hardware Market Value Forecast
- Table 6: Global Spine Hardware Market Value Forecast (2014-2023)
- 2.3.2 Global Spine Biologics Market Value Forecast
- Table 7: Global Spine Biologics Market Value Forecast (2014-2023)
- 2.3.3 Global Spine Robotics Market Value Forecast
- Table 8: Global Spine Robotics Market Value Forecast (2014-2023)
- 2.4 Global Spine Market by Region
- Table 9: Global Spine Market by Region (2018)
- 3. The U.S Spine Market Analysis
- 3.1 The U.S. Spine Market by Value
- Table 10: The U.S. Spine Market by Value (2014-2018)
- 3.2 The U.S. Spine Market Value Forecast
- Table 11: The U.S. Spine Market Value Forecast (2019-2023)
- 3.3 The U.S. Spine Hardware Market by Type
- Table 12: The U.S. Spine Hardware Market by Type (2018)
- 3.3.1 The U.S. Lumbar Fusion Market Value
- Table 13: The U.S. Lumbar Fusion Market Value (2014-2018)
- 3.3.2 The U.S. Lumbar Fusion Market Value Forecast
- Table 14: The U.S. Lumbar Fusion Market Value Forecast (2019-2023)
- 3.3.3 The U.S. Lumbar Fusion Market Volume Forecast
- Table 15: The U.S. Lumbar Fusion Market Volume Forecast (2014-2023)
- 3.3.4 The U.S. Deformity Market Value
- Table 16: The U.S. Deformity Market Value (2014-2018)
- 3.3.5 The U.S. Deformity Market Value Forecast
- Table 17: The U.S. Deformity Market Value Forecast (2019-2023)
- 3.3.6 The U.S. Deformity Patient Volume Forecast
- Table 18: The U.S. Deformity Patient Volume Forecast (2014-2023)
- 3.3.7 The U.S. Cervical Fusion Market Value
- Table 19: The U.S. Cervical Fusion Market Value (2014-2018)
- 3.3.8 The U.S. Cervical Fusion Market Value Forecast
- Table 20: The U.S. Cervical Fusion Market Value Forecast (2019-2023)
- 3.3.9 The U.S. Cervical Fusion Patient Volume Forecast
- Table 21: The U.S. Cervical Fusion Patient Volume Forecast (2014-2023)
- 3.3.10 The U.S. Vertebral Compression Fracture Market Value
- Table 22: The U.S. Vertebral Compression Fracture Market Value (2014-2018)
- 3.3.11 The U.S. Vertebral Compression Fracture Market Value Forecast
- Table 23: The U.S. Vertebral Compression Fracture Market Value Forecast (2019-2023)
- 3.3.12 The U.S. Vertebral Compression Fracture Treated Patient Volume Forecast
- Table 24: The U.S. Vertebral Compression Fracture Treated Patient Volume Forecast (2014-2023)
- 3.3.13 The U.S. Cervical Disc Market Value
- Table 25: The U.S. Cervical Disc Market Value (2014-2018)
- 3.3.14 The U.S. Cervical Disc Market Value Forecast
- Table 26: The U.S. Cervical Disc Market Value Forecast (2019-2023)
- 3.3.15 The U.S. Cervical Disc Patient Volume Forecast
- Table 27: The U.S. Cervical Disc Patient Volume Forecast (2014-2023)
- 3.3.16 The U.S. Lumbar Disc Market Value
- Table 28: The U.S. Lumbar Disc Market Value (2014-2018)
- 3.3.17 The U.S. Lumbar Disc Market Value Forecast
- Table 29: The U.S. Lumbar Disc Market Value Forecast (2019-2023)
- 3.3.18 The U.S. Lumbar Disc Patient Volume Forecast
- Table 30: The U.S. Lumbar Disc Patient Volume Forecast (2014-2023)
- 4. Market Dynamics
- 4.1 Growth Drivers
- 4.1.1 Increasing Ageing Population
- Table 31: The U.S Ageing Population (2014-2018)
- 4.1.2 High Prevalence of Obesity
- Table 32: The U.S. Obese Prevalence in Adults (2014-2018)
- 4.1.3 Rising Urbanization
- Table 33: The U.S. Urban Population (2014-2018)
- 4.1.4 Increasing Disposable Income
- Table 34: The U.S. GNI per Capita (2014-2018)
- 4.1.5 Increasing Healthcare Expenditure
- Table 35: The U.S. Healthcare Expenditure per Capita (2014-2018)
- 4.2 Key Trends & Developments
- 4.2.1 Increasing Demand for Minimally Invasive Surgery
- 4.2.2 Growing Number of Road Accidents
- 4.3 Challenges
- 4.3.1 Stringent Legal Norms
- 4.3.2 High Cost and Alternative Treatments
- 5. Competition
- 5.1 Global Market
- 5.1.1 Global Spine Market Share by Company
- Table 36: Global Spine Market Share by Company (2018)
- 5.1.2 Global Spine Biologics Market Share by Company
- Table 37: Global Spine Biologics Market Share by Company (2018)
- 5.1.3 Global Spine Robotics Market Share by Company
- Table 38: Global Spine Robotics Market Share by Company (2018)
- 5.2 The U.S.
- 5.2.1 The U.S. Spine Market Share by Company
- Table 39: The U.S. Spine Market Share by Company (2018)
- 6. Company Profiles
- 6.1 Johnson & Johnson
- 6.1.1 Business Overview
- Table 40: Johnson & Johnson Revenue by Product Segment (2018)
- 6.1.2 Financial Overview
- Table 41: Johnson & Johnson Total Sales and Net Earnings (2014-2018)
- 6.1.3 Business Strategies
- Table 42: Johnson & Johnson Research and Development Expenditure (2016-2018)
- 6.2 Medtronic Plc
- 6.2.1 Business Overview
- Table 43: Medtronic Plc Sales by Segment (2018)
- 6.2.2 Financial Overview
- Table 44: Medtronic Plc Net Sales and Net Income (2014-2018)
- 6.2.3 Business Strategies
- Table 45: Medtronic R&D Expenditure (2016-2018)
- 6.3 Stryker Corporation
- 6.3.1 Business Overview
- Table 46: Stryker Corporation Sales by Segment (2018)
- 6.3.2 Financial Overview
- Table 47: Stryker Corporation Net Sales and Net Earnings (2014-2018)
- 6.3.3 Business Strategies
- Table 48: Stryker Corporation R&D Expenditure (2016-2018)
- 6.4 NuVasive Inc.
- 6.4.1 Business Overview
- Table 49: NuVasive Inc. Revenue by Segment (2018)
- 6.4.2 Financial Overview
- Table 50: NuVasive Inc. Total Revenue and Net Income (2014-2018)
- 6.4.3 Business Strategies
- Table 51: NuVasive Inc. R&D Expenditure (2016-2018)