Market Overview:
The global deformity spinal system market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing incidence of spinal deformities, rising awareness about surgical treatment options for spinal deformities, and technological advancements in the field of deformity spine surgery. Based on type, the global deformity spinal system market can be segmented into rods, hooks, plates, cages, and pedicle screws. The rods segment is expected to account for the largest share of the global market in 2018 owing to its high usage rates in both corrective and reconstructive surgeries for various types of spinal deformities. Based on application, hospitals are expected to account for the largest share of the global market in 2018 followed by ambulatory surgical centers (ASCs). Rising demand for minimally invasive surgeries and growing number of ASCs are some factors that are contributing tothe growthof thismarket segment.
Product Definition:
A deformity spinal system is a medical device that is used to correct deformities in the spine. This type of system typically consists of a series of metal rods and screws that are used to hold the spine in place. Deformity spinal systems are often used to treat conditions such as scoliosis, kyphosis, and lordosis.
Rods:
Rods are soft tissue sarcomas that develop in connective tissues of the spine. They can occur anywhere from L1 to S3 vertebrae. The most common location is at the thoracic or middle-thoracic region, although they can also be found at the lumbar or lower-lumbar regions as well.
Hooks:
Hooks are used in deformity spinal system to provide stability and support to the spine. They are implanted into the back or neck of a patient using bone cement. The number, size, and position of the hooks can vary based on a number of factors such as age, weight, height etc., but generally they have two types: small sized hooks for children and large sized hooks for adults.
Application Insights:
The others segment held the largest share of the deformity spinal system market in 2017. This segment includes clinics and hospitals, diagnostic centers, and other healthcare facilities. Hospitals are expected to be the fastest-growing application owing to increasing number of surgeries performed there along with rising awareness about deformities among new-borns.
In addition, a growing number of research initiatives by key industry players for developing advanced products is expected to boost industry growth over the forecast period. For instance, in January 2018 Orthofix International N.V., a medical device company announced that it has received U.
Regional Analysis:
North America dominated the global deformity spinal system market in 2017. This can be attributed to increasing number of surgeries, rising prevalence of back pain and injury, high healthcare expenditure, and favorable reimbursement policies & regulatory reforms. In addition, growing awareness about alternatives such as fusion surgery is expected to drive the regional market over the forecast period.
Asia Pacific is anticipated to witness lucrative growth during the forecast period owing to factors such as improving healthcare infrastructure and economic development in emerging countries like China & India which are majorly driven by innovations in medical technologies for spine care procedures resulting from a large patient pool base with high unmet needs for deformity treatment options along with rapidly growing medical tourism industry due to availability of low-cost treatment options at hospitals/centers located close by patients’ homes or work places thus making it easier for them access these services thereby driving demand across this region.
Growth Factors:
- Increasing incidence of spinal deformities
- Growing awareness about the available treatment options for spinal deformities
- Rising demand for minimally invasive surgeries for treating spinal deformities
- Technological advancements in the field of spine surgery
- increasing healthcare expenditure
Scope Of The Report
Report Attributes
Report Details
Report Title
Deformity Spinal System Market Research Report
By Type
Rods, Hooks, Plates, Cages, Pedicle Screws
By Application
Hospitals, Ambulatory Surgical Centers, Others
By Companies
K2M, SpineCraft, Aesculap Implant Systems, Biomet, Stryker, Z-Medical, NuVasive
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
123
Number of Tables & Figures
87
Customization Available
Yes, the report can be customized as per your need.
Global Deformity Spinal System Market Report Segments:
The global Deformity Spinal System market is segmented on the basis of:
Types
Rods, Hooks, Plates, Cages, Pedicle Screws
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
Hospitals, Ambulatory Surgical Centers, 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:
- K2M
- SpineCraft
- Aesculap Implant Systems
- Biomet
- Stryker
- Z-Medical
- NuVasive
Highlights of The Deformity 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:
- Rods
- Hooks
- Plates
- Cages
- Pedicle Screws
- By Application:
- Hospitals
- Ambulatory Surgical Centers
- 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 Deformity 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.
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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?
Deformity spinal system is a term used to describe any abnormality or distortion of the spine. This can include anything from a minor curvature of the spine to more serious conditions, such as scoliosis.
Some of the key players operating in the deformity spinal system market are K2M, SpineCraft, Aesculap Implant Systems, Biomet, Stryker, Z-Medical, NuVasive.
The deformity spinal system market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Deformity 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 Deformity Spinal System Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Deformity 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 Deformity 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 Deformity Spinal System Market Size & Forecast, 2018-2028
4.5.1 Deformity Spinal System Market Size and Y-o-Y Growth
4.5.2 Deformity Spinal System Market Absolute $ Opportunity
Chapter 5 Global Deformity 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 Deformity Spinal System Market Size Forecast by Type
5.2.1 Rods
5.2.2 Hooks
5.2.3 Plates
5.2.4 Cages
5.2.5 Pedicle Screws
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Deformity 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 Deformity Spinal System Market Size Forecast by Applications
6.2.1 Hospitals
6.2.2 Ambulatory Surgical Centers
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Deformity 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 Deformity 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 Deformity Spinal System Analysis and Forecast
9.1 Introduction
9.2 North America Deformity 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 Deformity Spinal System Market Size Forecast by Type
9.6.1 Rods
9.6.2 Hooks
9.6.3 Plates
9.6.4 Cages
9.6.5 Pedicle Screws
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 Deformity Spinal System Market Size Forecast by Applications
9.10.1 Hospitals
9.10.2 Ambulatory Surgical Centers
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 Deformity Spinal System Analysis and Forecast
10.1 Introduction
10.2 Europe Deformity 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 Deformity Spinal System Market Size Forecast by Type
10.6.1 Rods
10.6.2 Hooks
10.6.3 Plates
10.6.4 Cages
10.6.5 Pedicle Screws
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 Deformity Spinal System Market Size Forecast by Applications
10.10.1 Hospitals
10.10.2 Ambulatory Surgical Centers
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 Deformity Spinal System Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Deformity 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 Deformity Spinal System Market Size Forecast by Type
11.6.1 Rods
11.6.2 Hooks
11.6.3 Plates
11.6.4 Cages
11.6.5 Pedicle Screws
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 Deformity Spinal System Market Size Forecast by Applications
11.10.1 Hospitals
11.10.2 Ambulatory Surgical Centers
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 Deformity Spinal System Analysis and Forecast
12.1 Introduction
12.2 Latin America Deformity 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 Deformity Spinal System Market Size Forecast by Type
12.6.1 Rods
12.6.2 Hooks
12.6.3 Plates
12.6.4 Cages
12.6.5 Pedicle Screws
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 Deformity Spinal System Market Size Forecast by Applications
12.10.1 Hospitals
12.10.2 Ambulatory Surgical Centers
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) Deformity Spinal System Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Deformity 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) Deformity Spinal System Market Size Forecast by Type
13.6.1 Rods
13.6.2 Hooks
13.6.3 Plates
13.6.4 Cages
13.6.5 Pedicle Screws
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) Deformity Spinal System Market Size Forecast by Applications
13.10.1 Hospitals
13.10.2 Ambulatory Surgical Centers
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 Deformity Spinal System Market: Competitive Dashboard
14.2 Global Deformity Spinal System Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 K2M
14.3.2 SpineCraft
14.3.3 Aesculap Implant Systems
14.3.4 Biomet
14.3.5 Stryker
14.3.6 Z-Medical
14.3.7 NuVasive
