Global Spinal Fusion Market Size, Share 2017-2027

Spinal Fusion Market: Global Industry Analysis 2012 - 2016
and Opportunity Assessment 2017 - 2027
Future Market Insights (FMI) delivers key insights on the global spinal fusion
market in its upcoming report titled “Spinal Fusion Market: Global Industry
Analysis 2012–2016 and Opportunity Assessment 2017 – 2027.” In terms of
revenue, the global spinal fusion market is projected to register a CAGR of
5.4% over the forecast period, owing to various factors, regarding which FMI
offers detailed insights and forecasts in this report. A key trend witnessed in
the global spinal fusion market is the rise in the development of minimising
load due to increasing adverse reactions. Furthermore, the growing
importance of developing advanced products among big players to enhance
their product portfolio is another key trend in the global spinal fusion market.
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https://www.futuremarketinsights.com/reports/global-spinal-fusion-market
The global spinal fusion market is segmented based on product type,
procedure type, end user and region. Based on product type, the market is
segmented into interbody cages, pedicle screws and rods, and spinal fusion
plates. Interbody cages is predicted to be the leading product type segment in
the global spinal fusion market over the forecast period. Attenuated interbody
cages segment will represent major revenue share of the global spinal fusion
market in 2017. By procedure, the global spinal fusion market is segmented
into posterolateral fusion and interbody fusion. Interbody fusion is the
leading segment in the global spinal fusion market over the forecast period.
By end user, the global spinal fusion market is segmented into hospitals,
speciality clinics and ambulatory surgical centres. Hospitals is the leading
segment in the global spinal fusion market over the forecast period. Demand
for spinal fusion is expected to be the highest in ambulatory surgical centres,
which is expected to register a CAGR of 6.6 % over the forecast period.
This report assesses the trends that are driving the growth of each segment at
the global as well as regional level, and offers potential takeaways that could
prove substantially useful to manufacturers looking to enter the market. North
America is expected to gain popularity over the forecast period, driven by
increasing prevalence of spinal injuries across the region. The North America
regional market is projected to dominate the global spinal fusion market,
accounting for a maximum revenue share of the global market by 2017 end.
The markets in North America, Western Europe, and Asia Pacific are
collectively expected to account for around 68.6% of the global spinal fusion
market value share by 2017 end. Revenue from the market in APEJ is
estimated to expand at a CAGR of 8.9% over the forecast period.
Key Players
Some of the leading market players covered in the report include Zimmer
Biomet Holdings. Inc., K2M, Inc., MicroPort Scientific Corporation,
Medtronic Plc., Johnson and Johnson (DePuy Synthes), Stryker Corporation,
Integra Lifesciences Holdings Corp, Orthofix Holdings, Inc., Shandong
Weigao Group Medical Polymer Company Limited, Bonovo Orthopedics,
Inc., Suzhou Gemmed Medical Instrument Co. Ltd, NuVasive, Inc., B. Braun
Melsungen AG, Globus Medical Inc., RTI Surgical, Inc., Expanding
Orthopedics Inc., Vallum Corporation, ChoiceSpine, LP, Life Spine, Inc, and
Precision Spine, Inc. In this report, we have discussed the individual
strategies followed by these companies regarding bringing improvements in
their products, creating new manufacturing facilities, market consolidation
and advanced R&D initiatives. The report concludes with key takeaways for
players already present in the market and new players planning to enter the
market.
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