Market Overview:
The global spinal non-fusion device 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 spine disorders, technological advancements in spinal implants and rising demand for minimally invasive surgeries. Based on type, the metal non-fusion device segment is expected to account for the largest share of the global spinal non-fusion device market in 2018. This segment is also projected to grow at a CAGR of 5.8% from 2018 to 2030. The growth in this segment can be attributed to the increasing demand for metal implants due their superior mechanical properties as compared with other materials used for implantation purposes. Based on application, hospitals are expected account for the largest share of global spinal non-fusion device market in 2018 followed by medical centers .
Product Definition:
A spinal non-fusion device is a medical implant that is used to stabilize the spine and prevent movement between two or more vertebrae. This type of device is most commonly used in cases of spinal fusion surgery, as it can help keep the bones in place while they heal.
Metal Non-Fusion Device:
Metal non-fusion devices are used to treat spinal disorders such as degenerative disc disease, lower back pain, and neck pain. The device works by reducing the inflammation of spine tissues which causes severe spasms in them. It also provides relief from chronic back pain that has no apparent cause or remedy through other treatments such as medication and surgery.
Polymer Non-Fusion Device:
Polymer non-fusion device is used in spinal non-fusion devices. It helps the patient to move their body parts and regain mobility after surgery. Polymer non-fusion device consists of a series of rods, which are connected by flexible wires or cables to artificial muscles attached to the patient’s skin.
The Polymer non-Fusion Device Market is expected to grow at a significant rate owing to increasing incidences of spinal cord injuries worldwide.
Application Insights:
The medical center application segment dominated the global spinal non-fusion device market in 2017. This can be attributed to a high incidence of back pain and other spinal disorders that require surgical intervention. According to the American Academy of Pain Management, chronic pain is very common; it affects approximately 40% to 60% of adults. Moreover, as per the National Center for Biotechnology Information (NCBI), around 20% to 30% patients suffer from acute low back pain every year and about 5-10% cases lead to long-term disability due largely or completely disabled by this condition. Thus, increasing number of patients suffering from lower back problems is expected fuel demand for fusion devices over the forecast period.
In addition, an increase in healthcare expenditure has led many governments across developed nations including U.S.
Regional Analysis:
North America dominated the global market in 2017. The presence of a large number of patients suffering from spinal cord injuries and increasing healthcare expenditure are some factors attributing to its largest share. In addition, favorable reimbursement policies for medical devices coupled with high awareness levels among people about road accidents that can cause spinal cord injuries also contribute to its largest share.
Asia Pacific is expected to be the fastest-growing region during the forecast period owing to rising patient awareness levels and improving healthcare infrastructure in emerging countries such as China, India, Malaysia and Indonesia.
Growth Factors:
- Increasing incidence of spinal cord injuries: The increasing incidence of spinal cord injuries is one of the key growth drivers for the global spinal non-fusion device market. According to a study by the Centers for Disease Control and Prevention (CDC), around 12,000 people in the U.S. suffer a spinal cord injury each year. This number is expected to rise in future due to increasing awareness about spine health and rising geriatric population.
- Growing demand for minimally invasive surgeries: The growing demand for minimally invasive surgeries is another major growth driver for the global spinal non-fusion device market. Minimally invasive surgeries are less traumatic and result in shorter hospital stays as compared to traditional open surgery procedures. This has led to an increase in their adoption over traditional surgery procedures, especially in developed countries such as USthat have high healthcare expenditure levels .
Scope Of The Report
Report Attributes
Report Details
Report Title
Spinal Non-Fusion Device Market Research Report
By Type
Metal Non-Fusion Device, Polymer Non-Fusion Device
By Application
Hospital, Medical Center
By Companies
Stryker Corporation, Medtronic, Zimmer Biomet, Depuy Synthes Companies, Globus Medical, B. Braun Aesculap, Nuvasive, K2M, MicroPort, Orthofix International N.V, Alphatec Spine, Integra LifeSciences, Invibio, Weigao Orthopaedic
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
136
Number of Tables & Figures
96
Customization Available
Yes, the report can be customized as per your need.
Global Spinal Non-Fusion Device Market Report Segments:
The global Spinal Non-Fusion Device market is segmented on the basis of:
Types
Metal Non-Fusion Device, Polymer Non-Fusion Device
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, Medical Center
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:
- Stryker Corporation
- Medtronic
- Zimmer Biomet
- Depuy Synthes Companies
- Globus Medical
- B. Braun Aesculap
- Nuvasive
- K2M
- MicroPort
- Orthofix International N.V
- Alphatec Spine
- Integra LifeSciences
- Invibio
- Weigao Orthopaedic
Highlights of The Spinal Non-Fusion Device 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:
- Metal Non-Fusion Device
- Polymer Non-Fusion Device
- By Application:
- Hospital
- Medical Center
- 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 Spinal Non-Fusion Device 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?
A spinal non-fusion device is a medical device that helps to support the spine. It can help to reduce pain and improve mobility in the lower back, neck, and hips.
Some of the major players in the spinal non-fusion device market are Stryker Corporation, Medtronic, Zimmer Biomet, Depuy Synthes Companies, Globus Medical, B. Braun Aesculap, Nuvasive, K2M, MicroPort, Orthofix International N.V, Alphatec Spine, Integra LifeSciences, Invibio, Weigao Orthopaedic.
The spinal non-fusion device 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 Spinal Non-Fusion Device 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 Spinal Non-Fusion Device Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Spinal Non-Fusion Device 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 Spinal Non-Fusion Device 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 Spinal Non-Fusion Device Market Size & Forecast, 2018-2028
4.5.1 Spinal Non-Fusion Device Market Size and Y-o-Y Growth
4.5.2 Spinal Non-Fusion Device Market Absolute $ Opportunity
Chapter 5 Global Spinal Non-Fusion Device 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 Spinal Non-Fusion Device Market Size Forecast by Type
5.2.1 Metal Non-Fusion Device
5.2.2 Polymer Non-Fusion Device
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Spinal Non-Fusion Device 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 Spinal Non-Fusion Device Market Size Forecast by Applications
6.2.1 Hospital
6.2.2 Medical Center
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Spinal Non-Fusion Device 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 Spinal Non-Fusion Device 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 Spinal Non-Fusion Device Analysis and Forecast
9.1 Introduction
9.2 North America Spinal Non-Fusion Device 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 Spinal Non-Fusion Device Market Size Forecast by Type
9.6.1 Metal Non-Fusion Device
9.6.2 Polymer Non-Fusion Device
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 Spinal Non-Fusion Device Market Size Forecast by Applications
9.10.1 Hospital
9.10.2 Medical Center
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 Spinal Non-Fusion Device Analysis and Forecast
10.1 Introduction
10.2 Europe Spinal Non-Fusion Device 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 Spinal Non-Fusion Device Market Size Forecast by Type
10.6.1 Metal Non-Fusion Device
10.6.2 Polymer Non-Fusion Device
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 Spinal Non-Fusion Device Market Size Forecast by Applications
10.10.1 Hospital
10.10.2 Medical Center
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 Spinal Non-Fusion Device Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Spinal Non-Fusion Device 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 Spinal Non-Fusion Device Market Size Forecast by Type
11.6.1 Metal Non-Fusion Device
11.6.2 Polymer Non-Fusion Device
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 Spinal Non-Fusion Device Market Size Forecast by Applications
11.10.1 Hospital
11.10.2 Medical Center
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 Spinal Non-Fusion Device Analysis and Forecast
12.1 Introduction
12.2 Latin America Spinal Non-Fusion Device 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 Spinal Non-Fusion Device Market Size Forecast by Type
12.6.1 Metal Non-Fusion Device
12.6.2 Polymer Non-Fusion Device
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 Spinal Non-Fusion Device Market Size Forecast by Applications
12.10.1 Hospital
12.10.2 Medical Center
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) Spinal Non-Fusion Device Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Spinal Non-Fusion Device 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) Spinal Non-Fusion Device Market Size Forecast by Type
13.6.1 Metal Non-Fusion Device
13.6.2 Polymer Non-Fusion Device
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) Spinal Non-Fusion Device Market Size Forecast by Applications
13.10.1 Hospital
13.10.2 Medical Center
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 Spinal Non-Fusion Device Market: Competitive Dashboard
14.2 Global Spinal Non-Fusion Device Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Stryker Corporation
14.3.2 Medtronic
14.3.3 Zimmer Biomet
14.3.4 Depuy Synthes Companies
14.3.5 Globus Medical
14.3.6 B. Braun Aesculap
14.3.7 Nuvasive
14.3.8 K2M
14.3.9 MicroPort
14.3.10 Orthofix International N.V
14.3.11 Alphatec Spine
14.3.12 Integra LifeSciences
14.3.13 Invibio
14.3.14 Weigao Orthopaedic
