Spinal
implants are devices used to treat deformity, provide stability and
strengthen the spine.These devices are broadly segmented as fusion
and non-fusion spinal devices. Non-fusion spinal surgery is expected
to grow during the study period, even though fusion devices account
for the largest market share. Non-fusion spinal surgery’s growth is
assisted by engineers and medical practitioners
collaborativelycreating devices that can be implanted without fusion
in human bodywhich helps to retain flexibility and movement of
patients post-surgery.Spinal non-fusion devices market can be
segmented on the basis of technology such as artificial discs,
dynamic stabilization devices, annulus repair, facet arthroplasty and
nuclear disc prosthesis.
Increasing
geriatric population, technological advancements,increasing
incidences of obesity, competitive market and rising demand for
minimally invasive surgery procedures drives the demand for spinal
non-fusion devices market globally.However, unstable reimbursement
policies restrains the growth of the market during the study period.
North
America contributes the largest market share as the degenerative disc
disease affects almost 50% of the U.S. population above age 40
years.In addition, increasing prevalence of obesity in North American
region also drives the growth of this market. Europe is the second
largest market as compared to other geographies because European
regulations governing the sale of medical devices are growing more
stringent, which is reflecting in introduction of more safe and
efficient devices and ultimately assisting the market growth.
Asia-Pacific represents the fastest growth due to high population,
development of facilities and customer awareness about new
technologies followed by Rest of the World (RoW).RoW is estimated to
show a significant growth because of increasing healthcare awareness
and availability of facilities.
Some
of the key players of this market are Medtronic, Inc., Depuy
Spine,Inc.,Synthes Holding AG, Stryker Corporation, NuVasive,Inc.,
Globus Medical,Inc., LDR Holding Corporation, Disc Motion
Technologies, Inc. and Zimmer Holdings,Inc.
Enquiry
Before Buying :-
http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=2137
Browse
Market Research Blogs:
No comments:
Post a Comment