Market Overview:
The Global Expandable Interbody Fusion System Market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing incidence of spinal disorders, rising demand for minimally invasive surgeries, and technological advancements in expandable interbody fusion systems. Based on type, the global expandable interbody fusion system market is segmented into lumbar system, thoraco-lumbar system, and cervical system. The lumbar system segment is expected to account for the largest share of the global market in 2018 owing to the high prevalence of lumbar spine disorders. Based on application, the hospital segment is expected to account for a larger share of the global market than specialist clinics in 2018.
Product Definition:
An expandable interbody fusion system is a device used to surgically fuse two or more vertebrae together. The device is typically inserted through an incision in the back, and then expanded to fill the space between the vertebrae. This helps to stabilize the spine and reduce pain.
Lumbar System:
The lumbar system comprises of spinal cord and vertebrae. The lumbar spine is the part of the spine that is between the thoracic and cervical spines. The main function of this system is to provide support for human body, enabling normal movement of lower extremities as well as upper extremities.
Thoraco-lumbar System:
The thoraco-lumbar system is a part of the spine that consists of the L1 vertebra and its surrounding structures. The thoro-lumbar system is most commonly injured in athletes or people involved in some kind of physical activity. It can also occur as a result of trauma to the area, degeneration, infection or cancer. Thoracic spinal injuries are rare but do exist and require immediate medical attention.
Application Insights:
The others segment held the largest share of the global expandable interbody fusion system market in 2017. This segment includes surgery centers and other facilities that perform surgeries on a regular basis but do not have an in-house operating room. These facilities use an expandable interbody fusion system as it allows them to perform surgeries without having to invest in expensive equipment or fixtures. The hospital application is expected to be the fastest growing segment over the forecast period owing to factors such as increasing number of hospitals, rising healthcare spending, and government initiatives encouraging people with injuries or diseases affecting their backs/spines to undergo surgical procedures at hospitals instead of specialty clinics or private practices.
Hospital-based surgeons are ableto obtain reimbursement for medical expenses incurred during treatment due largelyto higher diagnosis rates leading patients with more serious conditions requiring spinal surgery being referred by primary care physicians.
Regional Analysis:
North America dominated the global expandable interbody fusion system market in 2017. This can be attributed to the increasing number of spinal surgeries, rising prevalence of osteoporosis and other risk factors, and high healthcare expenditure in this region. The U.S., which is at the forefront, accounted for a major share owing to its well-developed economy and advanced healthcare infrastructure coupled with a large population base that requires medical attention over time.
Asia Pacific is expected to register significant growth during the forecast period due to an increase in demand for various spine surgeries along with growing awareness about available treatment options among patients as well as surgeons. In addition, favorable government initiatives are also anticipated to boost revenue generation over the next eight years or so from Japan’s Niigata University Hospital (NUH), which was launched by Global Times in collaboration with Medtronic Asia Pacific Pte Ltd.
Growth Factors:
- Increasing incidence of spinal disorders: The global Expandable Interbody Fusion System market is expected to grow at a CAGR of over 7% during the forecast period owing to the increasing incidence of spinal disorders such as cervical spondylosis, lumbar spondylosis, and others.
- Rising demand for minimally invasive surgeries: The preference for minimally invasive surgeries is growing across the globe due to several advantages such as shorter hospital stay, reduced pain and blood loss, and faster recovery time. This is expected to drive the demand for Expandable Interbody Fusion System market in the coming years.
- Technological advancements: The key players in this market are investing heavily in research and development activities to introduce innovative products with enhanced features that can cater to the needs of surgeons and patients alike. This is likely to boost the growth of this market in future years.
- Growing geriatric population: With an increase in life expectancy rates around the world, there has been a corresponding rise in cases of age-related spinal disorders such as cervical spondylosis and lumbar stenosis among geriatric population segments globally .This is anticipated create lucrative opportunities for players operating in this space over next few years .
Scope Of The Report
Report Attributes
Report Details
Report Title
Expandable Interbody Fusion System Market Research Report
By Type
Lumbar System, Thoraco-lumbar System, Cervical System
By Application
Hospital, Specialist Clinic, Others
By Companies
SeaSpine, Life Spine, Integra LifeSciences, Medyssey, Spineology
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
230
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Expandable Interbody Fusion System Market Report Segments:
The global Expandable Interbody Fusion System market is segmented on the basis of:
Types
Lumbar System, Thoraco-lumbar System, Cervical System
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospital, Specialist Clinic, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- SeaSpine
- Life Spine
- Integra LifeSciences
- Medyssey
- Spineology
Highlights of The Expandable Interbody Fusion System Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Lumbar System
- Thoraco-lumbar System
- Cervical System
- By Application:
- Hospital
- Specialist Clinic
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Expandable Interbody Fusion System Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Expandable interbody fusion system (EIFS) is a type of medical device that helps to fuse two or more vertebrae in the spine. This procedure is used to treat conditions such as spinal cord compression, instability, and degeneration. EIFS may also be used to correct scoliosis (a curvature of the spine).
Some of the major players in the expandable interbody fusion system market are SeaSpine, Life Spine, Integra LifeSciences, Medyssey, Spineology.
The expandable interbody fusion system market is expected to grow at a compound annual growth rate of 7.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Expandable Interbody Fusion System Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Expandable Interbody Fusion System Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Expandable Interbody Fusion System Market - Supply Chain
4.5. Global Expandable Interbody Fusion System Market Forecast
4.5.1. Expandable Interbody Fusion System Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Expandable Interbody Fusion System Market Size (000 Units) and Y-o-Y Growth
4.5.3. Expandable Interbody Fusion System Market Absolute $ Opportunity
5. Global Expandable Interbody Fusion System Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Expandable Interbody Fusion System Market Size and Volume Forecast by Type
5.3.1. Lumbar System
5.3.2. Thoraco-lumbar System
5.3.3. Cervical System
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Expandable Interbody Fusion System Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Expandable Interbody Fusion System Market Size and Volume Forecast by Application
6.3.1. Hospital
6.3.2. Specialist Clinic
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Expandable Interbody Fusion System Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Expandable Interbody Fusion System Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Expandable Interbody Fusion System Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Expandable Interbody Fusion System Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Expandable Interbody Fusion System Demand Share Forecast, 2019-2026
9. North America Expandable Interbody Fusion System Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Expandable Interbody Fusion System Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Expandable Interbody Fusion System Market Size and Volume Forecast by Application
9.4.1. Hospital
9.4.2. Specialist Clinic
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Expandable Interbody Fusion System Market Size and Volume Forecast by Type
9.7.1. Lumbar System
9.7.2. Thoraco-lumbar System
9.7.3. Cervical System
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Expandable Interbody Fusion System Demand Share Forecast, 2019-2026
10. Latin America Expandable Interbody Fusion System Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Expandable Interbody Fusion System Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Expandable Interbody Fusion System Market Size and Volume Forecast by Application
10.4.1. Hospital
10.4.2. Specialist Clinic
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Expandable Interbody Fusion System Market Size and Volume Forecast by Type
10.7.1. Lumbar System
10.7.2. Thoraco-lumbar System
10.7.3. Cervical System
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Expandable Interbody Fusion System Demand Share Forecast, 2019-2026
11. Europe Expandable Interbody Fusion System Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Expandable Interbody Fusion System Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Expandable Interbody Fusion System Market Size and Volume Forecast by Application
11.4.1. Hospital
11.4.2. Specialist Clinic
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Expandable Interbody Fusion System Market Size and Volume Forecast by Type
11.7.1. Lumbar System
11.7.2. Thoraco-lumbar System
11.7.3. Cervical System
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Expandable Interbody Fusion System Demand Share, 2019-2026
12. Asia Pacific Expandable Interbody Fusion System Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Expandable Interbody Fusion System Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Expandable Interbody Fusion System Market Size and Volume Forecast by Application
12.4.1. Hospital
12.4.2. Specialist Clinic
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Expandable Interbody Fusion System Market Size and Volume Forecast by Type
12.7.1. Lumbar System
12.7.2. Thoraco-lumbar System
12.7.3. Cervical System
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Expandable Interbody Fusion System Demand Share, 2019-2026
13. Middle East & Africa Expandable Interbody Fusion System Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Expandable Interbody Fusion System Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Expandable Interbody Fusion System Market Size and Volume Forecast by Application
13.4.1. Hospital
13.4.2. Specialist Clinic
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Expandable Interbody Fusion System Market Size and Volume Forecast by Type
13.7.1. Lumbar System
13.7.2. Thoraco-lumbar System
13.7.3. Cervical System
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Expandable Interbody Fusion System Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Expandable Interbody Fusion System Market: Market Share Analysis
14.2. Expandable Interbody Fusion System Distributors and Customers
14.3. Expandable Interbody Fusion System Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. SeaSpine
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Life Spine
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Integra LifeSciences
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Medyssey
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Spineology
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. COMPANY6
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
