Market Overview:
The global implant lumbar interbody fusion cages market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing incidence of spinal disorders, rising geriatric population, and technological advancements in implant lumbar interbody fusion cages. However, the high cost of treatment and lack of reimbursement are some factors that are restraining the growth of this market. On the basis of type, the global implant lumbar interbody fusion cages market is segmented into posterior lumbar interbody fusion cage, anterior lumbar interbody fusion cage, and lateral lumbar interbody fusion cage. The posterior lumbarinter body Fusion Cage segment is expected to account for a major share in terms of revenue in 2018 owing to its high adoption rate across hospitals and clinics worldwide.
Product Definition:
An implant lumbar interbody fusion cage is a device made of metal, plastic, or other materials that is used to fuse two or more vertebrae in the lower back. This device helps to stabilize the spine and may be used to treat conditions such as chronic back pain, spinal stenosis, and herniated discs.
Posterior Lumbar Interbody Fusion Cage:
Posterior lumbar interbody fusion (PLIF) cage is a device used in lumbar spine surgery to support the back during fusion. It's main function is to decompress the spinal cord and provide space for bone grafts or implants.
Anterior Lumbar Interbody Fusion Cage:
Anterior lumbar interbody fusion (ALIF) cage is a device used in implant lumbar interbody fusion. It helps in protecting the spinal cord during the procedure and provides stability to the spine. The ALIF cages are made up of titanium alloy, stainless steel, polyethylene or polypropylene and fluoropolymer material.
Application Insights:
Based on application, the global implant lumbar interbody fusion cages market is segmented into hospital, clinic and others. The hospital segment dominated the overall market in terms of revenue in 2017. This can be attributed to factors such as a high prevalence of spinal disorders coupled with a growing number of hospitals and clinics that offer advanced healthcare services for back conditions across various regions globally.
The other application segment includes both private practices as well as non-profit organizations that provide medical assistance to patients suffering from lower back pain or trauma who cannot afford expensive treatment procedures or surgeries at hospitals or clinics. These types of facilities are primarily found in developing countries where access to advanced healthcare is not within everyone¢â‚¬â„¢s means due to financial constraints which may result in them seeking treatment at low cost/free clinics or hospitals instead which subsequently increases demand for these devices worldwide.
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to factors such as increasing number of surgical procedures, high disposable income, and awareness campaigns by various organizations. For instance, the American Spinal Cord Injury Association (ASCIA) promotes awareness about spinal cord injuries and their rehabilitation process in the U.S. Furthermore, an increase in sports-related injuries has led to a rise in demand for interbody fusion surgeries across this region as well.
Asia Pacific is expected to grow at a lucrative rate over the forecast period owing to factors such as growing medical tourism industry.
Growth Factors:
- Increasing incidence of spinal disorders: The implant lumbar interbody fusion cages market is expected to grow owing to the increasing incidence of spinal disorders such as degenerative disc disease, herniated discs, and spondylolisthesis.
- Growing demand for minimally invasive surgeries: The implant lumbar interbody fusion cages market is anticipated to grow due to the growing demand for minimally invasive surgeries. These surgeries are less traumatic and result in shorter hospital stays and faster recoveries when compared with traditional open spine surgery procedures.
- Rising geriatric population: The global implant lumbar interbody fusion cages market is expected to benefit from the rising geriatric population who are more prone to developing spinal disorders than younger individuals. This segment of the population typically requires surgical intervention for relief from pain and other symptoms associated with these conditions.
- Technological advancements: The implant lumbar interbody fusion cages market is likely to benefit from ongoing technological advancements that have led to the development of novel products with improved performance characteristics over earlier generations of devices used in this application area .This has helped make these devices more accessible and affordable for a wider range of patients requiring surgical intervention for treatment of their spinal conditions .
Scope Of The Report
Report Attributes
Report Details
Report Title
Implant Lumbar Interbody Fusion Cages Market Research Report
By Type
Posterior Lumbar Interbody Fusion Cage, Anterior Lumbar Interbody Fusion Cage, Lateral Lumbar Interbody Fusion Cage
By Application
Hospital, Clinic, Other
By Companies
SINTX Technologies, Alphatec Spine, Life Spine, BM Korea, Globus Medical, Spineway, LDR Medical, Spineart, Depuy Synthes, Zimmer Biomet
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
203
Number of Tables & Figures
143
Customization Available
Yes, the report can be customized as per your need.
Global Implant Lumbar Interbody Fusion Cages Market Report Segments:
The global Implant Lumbar Interbody Fusion Cages market is segmented on the basis of:
Types
Posterior Lumbar Interbody Fusion Cage, Anterior Lumbar Interbody Fusion Cage, Lateral Lumbar Interbody Fusion Cage
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, Other
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:
- SINTX Technologies
- Alphatec Spine
- Life Spine
- BM Korea
- Globus Medical
- Spineway
- LDR Medical
- Spineart
- Depuy Synthes
- Zimmer Biomet
Highlights of The Implant Lumbar Interbody Fusion Cages 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:
- Posterior Lumbar Interbody Fusion Cage
- Anterior Lumbar Interbody Fusion Cage
- Lateral Lumbar Interbody Fusion Cage
- By Application:
- Hospital
- Clinic
- Other
- 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 Implant Lumbar Interbody Fusion Cages 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?
Implant lumbar interbody fusion cages are a type of medical device that is used to fuse two or more vertebrae in the spine. This procedure can help to correct spinal deformity and improve your overall health.
Some of the key players operating in the implant lumbar interbody fusion cages market are SINTX Technologies, Alphatec Spine, Life Spine, BM Korea, Globus Medical, Spineway, LDR Medical, Spineart, Depuy Synthes, Zimmer Biomet.
The implant lumbar interbody fusion cages market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Implant Lumbar Interbody Fusion Cages 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 Implant Lumbar Interbody Fusion Cages Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Implant Lumbar Interbody Fusion Cages 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 Implant Lumbar Interbody Fusion Cages 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 Implant Lumbar Interbody Fusion Cages Market Size & Forecast, 2020-2028
4.5.1 Implant Lumbar Interbody Fusion Cages Market Size and Y-o-Y Growth
4.5.2 Implant Lumbar Interbody Fusion Cages Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Posterior Lumbar Interbody Fusion Cage
5.2.2 Anterior Lumbar Interbody Fusion Cage
5.2.3 Lateral Lumbar Interbody Fusion Cage
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Hospital
6.2.2 Clinic
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Implant Lumbar Interbody Fusion Cages 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 Implant Lumbar Interbody Fusion Cages 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Posterior Lumbar Interbody Fusion Cage
9.6.2 Anterior Lumbar Interbody Fusion Cage
9.6.3 Lateral Lumbar Interbody Fusion Cage
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 Market Size Forecast by Applications
9.10.1 Hospital
9.10.2 Clinic
9.10.3 Other
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Posterior Lumbar Interbody Fusion Cage
10.6.2 Anterior Lumbar Interbody Fusion Cage
10.6.3 Lateral Lumbar Interbody Fusion Cage
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 Market Size Forecast by Applications
10.10.1 Hospital
10.10.2 Clinic
10.10.3 Other
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Posterior Lumbar Interbody Fusion Cage
11.6.2 Anterior Lumbar Interbody Fusion Cage
11.6.3 Lateral Lumbar Interbody Fusion Cage
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 Market Size Forecast by Applications
11.10.1 Hospital
11.10.2 Clinic
11.10.3 Other
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Posterior Lumbar Interbody Fusion Cage
12.6.2 Anterior Lumbar Interbody Fusion Cage
12.6.3 Lateral Lumbar Interbody Fusion Cage
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 Market Size Forecast by Applications
12.10.1 Hospital
12.10.2 Clinic
12.10.3 Other
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Posterior Lumbar Interbody Fusion Cage
13.6.2 Anterior Lumbar Interbody Fusion Cage
13.6.3 Lateral Lumbar Interbody Fusion Cage
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) Market Size Forecast by Applications
13.10.1 Hospital
13.10.2 Clinic
13.10.3 Other
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 Implant Lumbar Interbody Fusion Cages Market: Competitive Dashboard
14.2 Global Implant Lumbar Interbody Fusion Cages Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 SINTX Technologies
14.3.2 Alphatec Spine
14.3.3 Life Spine
14.3.4 BM Korea
14.3.5 Globus Medical
14.3.6 Spineway
14.3.7 LDR Medical
14.3.8 Spineart
14.3.9 Depuy Synthes
14.3.10 Zimmer Biomet
