Spinal Motion-Preservation Devices Market Overview, Expectations & Growth Trends Highlighted Until 2027
Spinal motion preservation devices are used for fixation of multiple spinal segment, correction of scoliosis, stabilization of motion segment and balancing the vertebral alignment. Spinal motion preservation devices are allowing patient to retain movement and flexibility. Among all spinal surgical approaches to preserve spinal motion cervical disc arthroplasty has most effective method. In spinal surgery segment there are multiple devices and techniques aimed to preserving the segment range of motion in the treated spine. These techniques include disc or facet arthroplasty, laminoplasty, pedicle based dynamic stabilization and interspinous devices. Spinal stenosis is the most common problem in older age people. As aging results in structural changes in spine such enlargement of bone and joints and thickening of band of tissues that support the spine. There are wide variety of posterior motion preservation devices in various stages of development and clinical investigation. These devices are provide better treatment alternative than spine fusion for patients with pain and loss of function. These pain and loss function caused by specific back problems, such as lumber spinal stenosis, facet pain, and degenerative disc diseases.
Spinal Motion-Preserving Devices Market: Drivers and Restraints-
Spinal motion preservation devices market is driven due to rising incidence of spinal disorder and increase in geriatric population. Spinal motion preservation and surgery devices helps to restore the motion of spine can led to increased adoption of surgical procedures. However unfavorable reimbursement scenario and stringent regulatory approval procedure are expected to hamper the growth of global spinal motion preservation market.
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Spinal Motion-Preserving Devices Market: Region-wise Outlook
In terms of geography, spinal motion-preserving devices market has been divided into seven regions including North- America, Eastern Europe, Western Europe, and Asia- Pacific excluding Japan (APEJ), Japan Middle-East & Africa and Latin America. North America is expected to dominate the global spinal motion-preserving devices during the forecast period. This attributed to growth in awareness among patients regarding effective spinal motion-preserving devices and availability of advanced health facilities in North America. Europe is another fastest growing region followed by America. Asia Pacific is expected to be the fastest growing region in future. Owning to its high population base, high disposable income, increasing cost effective spinal surgeries.
Spinal Motion-Preserving Devices Market: Key Market Participants
Example of some key market participants in global spinal motion-preserving devices market are
- DePuy Synthes
- Stryker Corporation
- NuVasive Inc.
- Zimmer Biomet Holding Inc.
- Globus medical Inc.
- Orthofix International N.V.
- K2M Group Holding
- RTI Surgical, Inc.
The companies are concentrating on developing advance spinal motion-preserving devices to keep proper spinal motion.
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.
The report covers exhaust analysis on:
- Market Segments
- Market Dynamics
- Market Size
- Supply & Demand
- Current Trends/Issues/Challenges
- Competition & Companies involved
- Value Chain
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Regional analysis includes:
- North America (U.S., Canada)
- Latin America (Mexico. Brazil)
- Western Europe (Germany, Italy, France, U.K, Spain)
- Eastern Europe (Poland, Russia)
- Asia Pacific (China, India, ASEAN, Australia & New Zealand)
- Middle East and Africa (GCC Countries, S. Africa, Northern Africa)
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Spinal Motion-Preserving Devices Market: Segmentation
On the basis of uses the market can be segmented as:
- Artificial discs
- Artificial cervical discs
- Artificial lumber discs
- Annulus repair devices
- Dynamic stabilization devices
- Interspinous process spacers
- Pedicle screw systems
- Facet replacement products
- Nuclear disc prostheses devices
On the basis of procedure the market can be segmented as:
- Open spine surgery
- Minimally invasive surgery
On the basis of end user the market can be segmented as:
- Hospitals and clinics
- Ambulatory care centers
- Orthopedic surgical centers
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- Detailed overview of parent market
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- Historical, current, and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint