This global Spinal Devices Market report is generated based on the market type, size of the organization, availability on-premises and the end-users’ organization type. The current market scenario and future prospects of the sector have also been examined in the most excellent Spinal Devices Market report. It is a professional and detailed report that highlights primary and secondary drivers, market share, leading segments and geographical analysis. The report also analysis the emerging trends along with major drivers, challenges and opportunities in the Spinal Devices Market.
The global spinal devices market size was valued at USD 11.59 Billion in 2018 and is projected to reach USD 15.74 Billion by 2026, exhibiting a CAGR of 3.9% during the forecast period.
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Key players covered in the global Spinal Devices Market research report:
- Medtronic
- Stryker
- Zimmer Biomet
- DePuy Synthes (Johnson & Johnson Services, Inc.)
- NuVasive, Inc
- Globus Medical
- RTI Surgical Holdings, Inc.
- Aesculap, Inc. (B. Braun Melsungen AG)
- Alphatec Spine, Inc.
Drivers & Restraints
The rising prevalence of spinal diseases worldwide has also resulted in a drastic increase in the number of spinal surgeries. This, in turn, is driving the demand for spinal devices. Spine surgeries are mainly performed for the treatment of degenerative disc disease and correction of birth deformities. Moreover, the growing cases of spinal fractures are expected to augment the market in the forecast period.The gradual shift and rising demand for minimally invasive spinal surgeries, rapid adoption of biologics in spinal fusion, and a significant rise in the number of cervical and lumbar disc replacement surgeries are anticipated to further fuel the market during the forecast period.
Some Key Findings of the Global Spinal Devices Market Report Include:
- The analysis includes a global Spinal Devices Market study, expansions, and forecasts, along with a country-specific analysis.
- The study also offers complex measures of potential market effect during the forecast period and an in-depth overview of the leading companies operating in the global market.
- The report helps to understand the effects of COVID-19 pandemic on global Spinal Devices Market.
- Product offering details on competitive benchmarking and evolution approach adopted by the industry players.
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