- Spine Biologics
- Spinal Decompression
- Vertebral Compression Fracture Treatment Products
- Non-Fusion
- Fusion
- Spinal Bone Stimulators
- Spine Fusion and Fixation
Spinal Surgery Devices Market size was valued at USD 12.4 billion in 2022 and is expected to reach USD 17.56 billion by 2028, at a significant CAGR of 5.1% from 2023-2029. Spinal surgery is a procedure to change the patients anatomy of spine. It is a procedure helps to relieve chronic pain caused due to herniated disc. Spinal surgeries vary from log recovery & extensive surgeries to minimally invasive quick recovery procedures. Spinal surgeries also performed to treat the deformities and disorders of spine. Deformities, tumours and trauma may cause the spinal damage. There are different kinds of spine surgery are present including foraminotomy, laminectomy, spinal disc replacement, spine fusion and discectomy. Global spinal surgery devices market is growing at notable rates owing to rising demand for non-invasive spinal surgery devices.
Companies in market place are adopting mergers and acquisitions as key strategies to increase their market share. For instance, in September 2017, NuVasive, Inc acquired Vertera Spine, a medical device company focused on introducing spinal devices. By this acquisition, NuVasive seeks to improve its device technologies and product portfolio. Furthermore, companies are involving in developments of new devices and technologies to strengthen their product portfolio. For instance, In November 2016, DePuy Synthes (Johnson & Johnson Services, Inc) launched a new implant for stand-alone anterior lumbar antibody fusion, Synfix evaluation system.
Spinal Surgery Devices Market Summary
Study Period
2023-29
Base Year
2022
CAGR
5.1%
Largest Market
North America
Fastest Growing Market
Asia Pacific
Spinal Surgery Devices Market Dynamics
Global spinal surgery devices market is driven by rising aging population who are more susceptible to spine disorders and growing number of accidents. According to World health organization (WHO), 250,000 to 500,000 people suffer from spinal cord injury. Majority spinal cord injuries are due to preventable causes such as accidents, falls or violence. In addition, rising demand for minimally invasive surgeries advances in spinal surgery devices and sedately lifestyles are expected to boost the global spinal surgery devices market over the forecast period. However, high cost of devices, frequent product recalls are expected to hinder the global spinal surgery devices market during the forecast period. Furthermore, complications of pen spinal surgeries such as infection, extensive bleeding and long hospital stay are hampering the market growth.
North-America Got Significant Share
Spinal Surgery Devices Market Regional Analysis
Geographically, global spinal surgery devices market is segmented into following regions, viz. North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. North America expected to be a major market for global spinal surgery devices owing to rising demand for minimally invasive spinal surgeries, well-established healthcare infrastructure and sedentary lifestyle. Europe is expected to grow at significant rates owing to rising aging population and growth rates of spinal disorders. Asia Pacific spinal surgery devices market is expected to have rapid growth owing to lifestyle changes, rising healthcare expenditure and developing healthcare infrastructure.
Latin America
Europe
Asia Pacific
Middle East
North America
Key Features of the Reports
- The spinal surgery devices market report provides granular level information about the market size, regional market share, historic market (2018 to 2022) and forecast (2023 to 2029)
- The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
- The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
- The report tracks recent innovations, key developments and startup’s details that are actively working in the market
- The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
- The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market
Spinal Surgery Devices Market Segmentation
By Product Type
By End User
- Hospitals
- Ambulatory Surgical Centers
- Others
By Geography
- North America
- Asia Pacific
- Europe
- Latin America
- Middle East and Africa
Frequently Asked Questions
The key segments covered in the Spinal Surgery Devices Market are technology, components, application, and end-users.
The Spinal Surgery Devices Market has been classified into North America, Asia Pacific, Europe, Latin America, Middle East and Africa, and the rest of MEA.
The Spinal Surgery Devices Market key players are DePuy Synthes spine (Johnson & Johnson Services, Inc) (U.S.), K2M, Inc. (U.S.), Globus Medical, Inc. (U.S.), Zimmer Biomet Holdings Inc. (U.S NuVasive, Inc. (U.S.)), Medtronic Plc (U.S.), Stryker Corporation (U.S.), CTL Medical Corporation (U.S.), Invibio Biomaterial Solutions (U.K.)
| 1.Executive Summary |
| 2.Global Spinal Surgery Devices Market Introduction |
| 2.1.Global Spinal Surgery Devices Market - Taxonomy |
| 2.2.Global Spinal Surgery Devices Market - Definitions |
| 2.2.1.Product Type |
| 2.2.2.End User |
| 2.2.3.Region |
| 3.Global Spinal Surgery Devices Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Product Landscape |
| 3.6. New Product Launches |
| 3.7. Impact of COVID 19 on Market |
| 4.Global Spinal Surgery Devices Market Analysis, 2018 - 2022 and Forecast 2023 - 2029 |
| 4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5.Global Spinal Surgery Devices Market By Product Type, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 5.1. Spine Biologics |
| 5.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Spinal Decompression |
| 5.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 5.3. Vertebral Compression Fracture Treatment Products |
| 5.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 5.4. Non-Fusion |
| 5.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.4.3. Market Opportunity Analysis |
| 5.5. Fusion |
| 5.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 5.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.5.3. Market Opportunity Analysis |
| 6.Global Spinal Surgery Devices Market By End User, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 6.1. Hospitals |
| 6.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Ambulatory Surgical Centers |
| 6.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 6.3. Others |
| 6.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.3.3. Market Opportunity Analysis |
| 7.Global Spinal Surgery Devices Market By Region, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 7.1. North America |
| 7.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Europe |
| 7.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. Asia Pacific (APAC) |
| 7.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 7.4. Middle East and Africa (MEA) |
| 7.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.4.3. Market Opportunity Analysis |
| 7.5. Latin America |
| 7.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.5.3. Market Opportunity Analysis |
| 8.North America Spinal Surgery Devices Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 8.1. Product Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 8.1.1.Spine Biologics |
| 8.1.2.Spinal Decompression |
| 8.1.3.Vertebral Compression Fracture Treatment Products |
| 8.1.4.Non-Fusion |
| 8.1.5.Fusion |
| 8.2. End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 8.2.1.Hospitals |
| 8.2.2.Ambulatory Surgical Centers |
| 8.2.3.Others |
| 8.3. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 8.3.1.United States of America (USA) |
| 8.3.2.Canada |
| 9.Europe Spinal Surgery Devices Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 9.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.1.1.Spine Biologics |
| 9.1.2.Spinal Decompression |
| 9.1.3.Vertebral Compression Fracture Treatment Products |
| 9.1.4.Non-Fusion |
| 9.1.5.Fusion |
| 9.2. End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.2.1.Hospitals |
| 9.2.2.Ambulatory Surgical Centers |
| 9.2.3.Others |
| 9.3. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.3.1.Germany |
| 9.3.2.France |
| 9.3.3.Italy |
| 9.3.4.United Kingdom (UK) |
| 9.3.5.Spain |
| 9.3.6.Rest of EU |
| 10.Asia Pacific (APAC) Spinal Surgery Devices Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 10.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1.Spine Biologics |
| 10.1.2.Spinal Decompression |
| 10.1.3.Vertebral Compression Fracture Treatment Products |
| 10.1.4.Non-Fusion |
| 10.1.5.Fusion |
| 10.2. End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.2.1.Hospitals |
| 10.2.2.Ambulatory Surgical Centers |
| 10.2.3.Others |
| 10.3. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.3.1.China |
| 10.3.2.India |
| 10.3.3.Australia and New Zealand (ANZ) |
| 10.3.4.Japan |
| 10.3.5.Rest of APAC |
| 11.Middle East and Africa (MEA) Spinal Surgery Devices Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 11.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1.Spine Biologics |
| 11.1.2.Spinal Decompression |
| 11.1.3.Vertebral Compression Fracture Treatment Products |
| 11.1.4.Non-Fusion |
| 11.1.5.Fusion |
| 11.2. End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.2.1.Hospitals |
| 11.2.2.Ambulatory Surgical Centers |
| 11.2.3.Others |
| 11.3. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.3.1.GCC Countries |
| 11.3.2.South Africa |
| 11.3.3.Rest of MEA |
| 12.Latin America Spinal Surgery Devices Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 12.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1.Spine Biologics |
| 12.1.2.Spinal Decompression |
| 12.1.3.Vertebral Compression Fracture Treatment Products |
| 12.1.4.Non-Fusion |
| 12.1.5.Fusion |
| 12.2. End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.2.1.Hospitals |
| 12.2.2.Ambulatory Surgical Centers |
| 12.2.3.Others |
| 12.3. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.3.1.Brazil |
| 12.3.2.Mexico |
| 12.3.3.Rest of LA |
| 13. Competition Landscape |
| 13.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
| 13.2.1.DePuy Synthes spine (Johnson & Johnson Services, Inc) (U.S) |
| 13.2.2.K2M, Inc. (U.S) |
| 13.2.3.Globus Medical Inc. (U.S) |
| 13.2.4.Zimmer Biomet Holdings Inc. (U.S NuVasive Inc. (U.S.)) |
| 13.2.5.Medtronic Plc (U.S) |
| 13.2.6.Stryker Corporation (U.S) |
| 13.2.7.CTL Medical Corporation (U.S) |
| 13.2.8.Invibio Biomaterial Solutions (U.K) |
| 14. Research Methodology |
| 15. Appendix and Abbreviations |
- DePuy Synthes spine (Johnson & Johnson Services, Inc) (U.S)
- K2M, Inc. (U.S)
- Globus Medical Inc. (U.S)
- Zimmer Biomet Holdings Inc. (U.S NuVasive Inc. (U.S.))
- Medtronic Plc (U.S)
- Stryker Corporation (U.S)
- CTL Medical Corporation (U.S)
- Invibio Biomaterial Solutions (U.K)