Market Overview:
The global array spinal system market is expected to register a CAGR of 5.8% during the forecast period, 2018-2030. The market growth can be attributed to the increasing incidence of spine disorders and rising demand for minimally invasive surgeries. Additionally, technological advancements in the field of array spinal systems are also propelling the growth of this market. However, high cost associated with these systems is restraining the growth of this market to some extent. Based on type, the global array spinal system market is segmented into multi-axis screws, fixing screws, iliac screws eccentrics connectors and titanium implant Others). The multi-axis screw segment dominated the global Array Spinal System Market in 2017 and is projected to maintain its dominance throughoutthe forecast period owing to its features such as easy handling and adjustable compression force along three axes.
Product Definition:
Array Spinal System is a medical device that is used to help support and stabilize the spine. It is made up of a series of metal rods that are connected together to form an "array" or row. The array spinal system helps to reduce the risk of further injury in cases of trauma or instability, and can also be used for corrective surgery.
Multi-axis Screw:
Multi-axis screw is a device used to adjust the position of spinal implants such as plates, rods, and pedicle screws. It provides greater accuracy while performing surgeries on the spine. The multi-axis screw has two or more orthogonal (at right angles) axes of rotation that enable surgeons to precisely locate the target area in three dimensions and then perform surgery with greater precision.
Multi-axis Screw Market by Geographical Region: North America (U.S.
Fixing Screws:
The global fixing screws and it's usage in array spinal system market size was valued at USD 0.01 million in 2015 and is expected to grow at a CAGR of XX% over the forecast period. The increasing number of spinal disorders, growing geriatric population base, rising awareness among patients & healthcare professionals are some major factors that are driving the growth of this market globally.
Global Fixing Screws.
Application Insights:
The hospital segment dominated the global array spinal system market in 2017 and is expected to maintain its dominance over the forecast period. The growing number of hospitals, increase in surgical procedures, and rising geriatric population are some of the major factors driving this segment. Moreover, increasing government funding for spine care centers will boost product demand further.
Clinic application is estimated to be the fastest-growing segment during the forecast period owing to increasing awareness about minimally invasive surgeries among surgeons and an increase in patients seeking such surgeries due to their preference for non-invasive treatments coupled with a rise in sports injuries that require surgery on a urgent basis. These aforementioned factors are likely drive this segment at a lucrative CAGR during future years.
Regional Analysis:
North America dominated the global array spinal system market in 2017. This can be attributed to the presence of a large number of industry players, high adoption rate for technologically advanced products, and rising healthcare expenditure in this region. In addition, growing demand for minimally invasive surgeries is also expected to drive growth over the forecast period. Europe accounted for a significant share owing to increasing product penetration and favorable reimbursement policies implemented by government bodies such as social security systems and private insurance companies.
Growth Factors:
- Increasing incidence of spinal cord injuries: The number of people suffering from spinal cord injuries is increasing at a rapid pace. This is primarily because of the increase in the number of road accidents and sports-related injuries. This is expected to drive the demand for Array Spinal System market in the coming years.
- Growing awareness about Array Spinal System: There is a growing awareness among people about Array Spinal System and its benefits. This is likely to boost the demand for this product in the coming years.
- Rising popularity of minimally invasive surgeries: Minimally invasive surgeries are becoming increasingly popular due to their many advantages over traditional surgery procedures such as shorter hospital stay, reduced pain, and faster recovery time etcetera .This is likely to fuel demand for Array Spinal System market in future years..
- one-fifth of world’s population will be aged 65 or above .This growing geriatric population will create significant opportunities for players operating in array spinal system market as they are more prone to suffer from spine-related
Scope Of The Report
Report Attributes
Report Details
Report Title
Array Spinal System Market Research Report
By Type
Multi-axis Screw, Fixing Screws, Iliac Screw, Eccentric Connector, Titanium Implant, Others
By Application
Hospital, Clinic, Others
By Companies
MicroPort Scientific Corporation, RTI Surgical (Pioneer Surgical Technology, Inc.), WinnTi Medical, Spineway, Stryker Spine, Syntec Scientific Corporation, Medyssey Co. , Ltd., Orthofix, JMT, Zimmer Biomet, DePuy Spine, BAUI
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
200
Number of Tables & Figures
140
Customization Available
Yes, the report can be customized as per your need.
Global Array Spinal System Market Report Segments:
The global Array Spinal System market is segmented on the basis of:
Types
Multi-axis Screw, Fixing Screws, Iliac Screw, Eccentric Connector, Titanium Implant, Others
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, 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:
- MicroPort Scientific Corporation
- RTI Surgical (Pioneer Surgical Technology, Inc.)
- WinnTi Medical
- Spineway
- Stryker Spine
- Syntec Scientific Corporation
- Medyssey Co. , Ltd.
- Orthofix
- JMT
- Zimmer Biomet
- DePuy Spine
- BAUI
Highlights of The Array Spinal 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:
- Multi-axis Screw
- Fixing Screws
- Iliac Screw
- Eccentric Connector
- Titanium Implant
- Others
- By Application:
- Hospital
- 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 Array Spinal 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.
How you may use our products:
- Correctly Positioning New Products
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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?
The array spinal system is a group of interconnected nerves that run along the spine. These nerves provide communication between different parts of the body and allow for movement.
Some of the major players in the array spinal system market are MicroPort Scientific Corporation, RTI Surgical (Pioneer Surgical Technology, Inc.), WinnTi Medical, Spineway, Stryker Spine, Syntec Scientific Corporation, Medyssey Co. , Ltd., Orthofix, JMT, Zimmer Biomet, DePuy Spine, BAUI.
The array spinal system market is expected to register a CAGR of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Array Spinal System Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Array Spinal System Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Array Spinal System Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Array Spinal System Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Array Spinal System Market Size & Forecast, 2018-2028
4.5.1 Array Spinal System Market Size and Y-o-Y Growth
4.5.2 Array Spinal System Market Absolute $ Opportunity
Chapter 5 Global Array Spinal System Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Array Spinal System Market Size Forecast by Type
5.2.1 Multi-axis Screw
5.2.2 Fixing Screws
5.2.3 Iliac Screw
5.2.4 Eccentric Connector
5.2.5 Titanium Implant
5.2.6 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Array Spinal System Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Array Spinal System Market Size Forecast by Applications
6.2.1 Hospital
6.2.2 Clinic
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Array Spinal System Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Array Spinal System Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Array Spinal System Analysis and Forecast
9.1 Introduction
9.2 North America Array Spinal System Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Array Spinal System Market Size Forecast by Type
9.6.1 Multi-axis Screw
9.6.2 Fixing Screws
9.6.3 Iliac Screw
9.6.4 Eccentric Connector
9.6.5 Titanium Implant
9.6.6 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Array Spinal System Market Size Forecast by Applications
9.10.1 Hospital
9.10.2 Clinic
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Array Spinal System Analysis and Forecast
10.1 Introduction
10.2 Europe Array Spinal System Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Array Spinal System Market Size Forecast by Type
10.6.1 Multi-axis Screw
10.6.2 Fixing Screws
10.6.3 Iliac Screw
10.6.4 Eccentric Connector
10.6.5 Titanium Implant
10.6.6 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Array Spinal System Market Size Forecast by Applications
10.10.1 Hospital
10.10.2 Clinic
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Array Spinal System Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Array Spinal System Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Array Spinal System Market Size Forecast by Type
11.6.1 Multi-axis Screw
11.6.2 Fixing Screws
11.6.3 Iliac Screw
11.6.4 Eccentric Connector
11.6.5 Titanium Implant
11.6.6 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Array Spinal System Market Size Forecast by Applications
11.10.1 Hospital
11.10.2 Clinic
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Array Spinal System Analysis and Forecast
12.1 Introduction
12.2 Latin America Array Spinal System Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Array Spinal System Market Size Forecast by Type
12.6.1 Multi-axis Screw
12.6.2 Fixing Screws
12.6.3 Iliac Screw
12.6.4 Eccentric Connector
12.6.5 Titanium Implant
12.6.6 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Array Spinal System Market Size Forecast by Applications
12.10.1 Hospital
12.10.2 Clinic
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Array Spinal System Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Array Spinal System Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Array Spinal System Market Size Forecast by Type
13.6.1 Multi-axis Screw
13.6.2 Fixing Screws
13.6.3 Iliac Screw
13.6.4 Eccentric Connector
13.6.5 Titanium Implant
13.6.6 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Array Spinal System Market Size Forecast by Applications
13.10.1 Hospital
13.10.2 Clinic
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Array Spinal System Market: Competitive Dashboard
14.2 Global Array Spinal System Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 MicroPort Scientific Corporation
14.3.2 RTI Surgical (Pioneer Surgical Technology, Inc.)
14.3.3 WinnTi Medical
14.3.4 Spineway
14.3.5 Stryker Spine
14.3.6 Syntec Scientific Corporation
14.3.7 Medyssey Co. , Ltd.
14.3.8 Orthofix
14.3.9 JMT
14.3.10 Zimmer Biomet
14.3.11 DePuy Spine
14.3.12 BAUI
