Market Overview:
The global Interspinous Spacer market is expected to grow at a CAGR of 5.5% 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 interspinous spacer devices. Based on type, the global Interspinous Spacer market is segmented into statics or compressible and dynamic or non-compressible. Statics or compressible interspinous spacers are those that do not deform under pressure and are used in cases where stability is required. Dynamic or non-compressible spacers deform under pressure and are used when motion between adjacent vertebrae is desired. Based on application, the global Interspinous Spacer market is segmented into ambulatory surgical centers (ASCs), orthopedic clinics, hospitals, and other applications (including research institutes). The hospital segment accounted for the largest share of the global Interspinous Spacer market in 2017 owing to increased use of interspinous spacer devices in complex spine surgeries performed in hospitals.
Product Definition:
An Interspinous Spacer is a device used to help relieve pain in the lower back due to spinal stenosis. It is a small, metal implant that is inserted between the spinous processes of two vertebrae in order to create more space for the nerves and spinal cord.
Statics or Compressible:
Statics or compressible, it’s usage and growth factor in interspinous spacer market is driven by factors such as increasing demand for minimally invasive procedures, technological advancements in medical devices industry and rising geriatric population. In addition to this growing patient pool with multiple orthopedic conditions that require spinal surgeries are also on the rise.
Dynamic or Non-Compressible:
Interspinous spacer is a device used to provide support for the intervertebral disc. It helps in reducing pressure on the spinal nerves and allows easier movement of vertebrae. In addition, it also provides relief from back pain which is one of the most common ailments across the globe. Increasing cases of back pain due to hectic work life along with sedentary lifestyle are some major factors driving demand for this product globally.
Application Insights:
The global interspinous spacer market is segmented based on application into ambulatory surgical centers, orthopedic clinics, and hospitals. The ambulatory surgical centers segment dominated the market in 2017 owing to growing number of interbody fusion procedures. In addition, an increase in the adoption of minimally invasive surgeries by surgeons for treating various spinal disorders is expected to drive growth over the forecast period.
Minimally invasive surgeries involve use of a small incision rather than a large one as used during traditional open surgeries which reduces postoperative pain and allows early mobility after surgery which helps patients return to normal activities quickly. This factor along with increasing demand for interbody fusion procedures worldwide is expected to drive growth over the forecast period.
Interspinous spacers are also used during orthopedic trauma rehabilitation programs after total knee arthroplasty (TKA) or total hip replacement (THR).
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of well-established healthcare infrastructure, high patient awareness levels coupled with relatively higher healthcare spending levels in this region. In addition, growing number of product launches and favorable reimbursement policies are expected to drive regional growth over the forecast period.
Asia Pacific is anticipated to witness lucrative growth during the forecast period owing to increasing geriatric population base and rising incidences of osteoarthritis, rheumatoid arthritis as well as other joint diseases. Moreover, improving medical facilities due to rise in per capita income is also expected fuel regional demand during the projected time frame.
Growth Factors:
- Increasing incidence of spinal disorders: The increasing incidence of spinal disorders is one of the key growth drivers for the Interspinous Spacer market. This is because, an increasing number of people are suffering from various types of spinal disorders, which requires treatment. This is providing a major impetus to the Interspinous Spacer market.
- Growing demand for minimally invasive surgeries: The growing demand for minimally invasive surgeries is another key growth driver for the Interspinous Spacer market. This is because, such surgeries are less invasive and cause less pain and discomfort to patients as compared to traditional surgery procedures. Thus, this is resulting in an increase in their adoption across the world, thereby propelling the Interspinous Spacer market forward.
- Rising geriatric population: The rising geriatric population across the globe represents a major growth opportunity for players operating in the Interspinous Spacer market .This is because elderly people are more prone to developing spine-related problems and require treatment accordingly .Thus ,the increasing geriatric population will lead to an increase in demand for interspinous spacers ,thereby fueling market growth overthe forecast period .
Scope Of The Report
Report Attributes
Report Details
Report Title
Interspinous Spacer Market Research Report
By Type
Statics or Compressible, Dynamic or Non-Compressible
By Application
Ambulatory Surgical Centers, Orthopedic Clinics, Hospitals
By Companies
Alphatec Spine, Inc, AMEDICA Corporation, ArthroCare Corporation, Exactech, Inc., Integra LifeSciences Corporation, Medyssey, LDR Holding Corporation, Pioneer Surgical Technology Spine, RTI Surgical, Inc., Zimmer Holdings, Inc., DePuy Spine, Inc., Globus Medical Inc., Medtronic, Inc., NuVasive, Inc., Stryker Corporation, Orthofix Holdings, Inc.
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
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
Global Interspinous Spacer Market Report Segments:
The global Interspinous Spacer market is segmented on the basis of:
Types
Statics or Compressible, Dynamic or Non-Compressible
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
Ambulatory Surgical Centers, Orthopedic Clinics, Hospitals
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:
- Alphatec Spine, Inc
- AMEDICA Corporation
- ArthroCare Corporation
- Exactech, Inc.
- Integra LifeSciences Corporation
- Medyssey
- LDR Holding Corporation
- Pioneer Surgical Technology Spine
- RTI Surgical, Inc.
- Zimmer Holdings, Inc.
- DePuy Spine, Inc.
- Globus Medical Inc.
- Medtronic, Inc.
- NuVasive, Inc.
- Stryker Corporation
- Orthofix Holdings, Inc.
Highlights of The Interspinous Spacer 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:
- Statics or Compressible
- Dynamic or Non-Compressible
- By Application:
- Ambulatory Surgical Centers
- Orthopedic Clinics
- Hospitals
- 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 Interspinous Spacer 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?
An interspinous spacer is a type of medical device that is inserted between two vertebrae to help prevent spinal cord compression.
Some of the major players in the interspinous spacer market are Alphatec Spine, Inc, AMEDICA Corporation, ArthroCare Corporation, Exactech, Inc., Integra LifeSciences Corporation, Medyssey, LDR Holding Corporation, Pioneer Surgical Technology Spine, RTI Surgical, Inc., Zimmer Holdings, Inc., DePuy Spine, Inc., Globus Medical Inc., Medtronic, Inc., NuVasive, Inc., Stryker Corporation, Orthofix Holdings, Inc..
The interspinous spacer market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Interspinous Spacer 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. Interspinous Spacer Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Interspinous Spacer Market - Supply Chain
4.5. Global Interspinous Spacer Market Forecast
4.5.1. Interspinous Spacer Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Interspinous Spacer Market Size (000 Units) and Y-o-Y Growth
4.5.3. Interspinous Spacer Market Absolute $ Opportunity
5. Global Interspinous Spacer 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. Interspinous Spacer Market Size and Volume Forecast by Type
5.3.1. Statics or Compressible
5.3.2. Dynamic or Non-Compressible
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Interspinous Spacer 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. Interspinous Spacer Market Size and Volume Forecast by Application
6.3.1. Ambulatory Surgical Centers
6.3.2. Orthopedic Clinics
6.3.3. Hospitals
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Interspinous Spacer 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. Interspinous Spacer 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 Interspinous Spacer 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. Interspinous Spacer 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 Interspinous Spacer Demand Share Forecast, 2019-2026
9. North America Interspinous Spacer 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 Interspinous Spacer 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 Interspinous Spacer Market Size and Volume Forecast by Application
9.4.1. Ambulatory Surgical Centers
9.4.2. Orthopedic Clinics
9.4.3. Hospitals
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Interspinous Spacer Market Size and Volume Forecast by Type
9.7.1. Statics or Compressible
9.7.2. Dynamic or Non-Compressible
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 Interspinous Spacer Demand Share Forecast, 2019-2026
10. Latin America Interspinous Spacer 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 Interspinous Spacer 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 Interspinous Spacer Market Size and Volume Forecast by Application
10.4.1. Ambulatory Surgical Centers
10.4.2. Orthopedic Clinics
10.4.3. Hospitals
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Interspinous Spacer Market Size and Volume Forecast by Type
10.7.1. Statics or Compressible
10.7.2. Dynamic or Non-Compressible
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 Interspinous Spacer Demand Share Forecast, 2019-2026
11. Europe Interspinous Spacer 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 Interspinous Spacer 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 Interspinous Spacer Market Size and Volume Forecast by Application
11.4.1. Ambulatory Surgical Centers
11.4.2. Orthopedic Clinics
11.4.3. Hospitals
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Interspinous Spacer Market Size and Volume Forecast by Type
11.7.1. Statics or Compressible
11.7.2. Dynamic or Non-Compressible
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 Interspinous Spacer Demand Share, 2019-2026
12. Asia Pacific Interspinous Spacer 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 Interspinous Spacer 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 Interspinous Spacer Market Size and Volume Forecast by Application
12.4.1. Ambulatory Surgical Centers
12.4.2. Orthopedic Clinics
12.4.3. Hospitals
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Interspinous Spacer Market Size and Volume Forecast by Type
12.7.1. Statics or Compressible
12.7.2. Dynamic or Non-Compressible
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 Interspinous Spacer Demand Share, 2019-2026
13. Middle East & Africa Interspinous Spacer 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 Interspinous Spacer 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 Interspinous Spacer Market Size and Volume Forecast by Application
13.4.1. Ambulatory Surgical Centers
13.4.2. Orthopedic Clinics
13.4.3. Hospitals
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Interspinous Spacer Market Size and Volume Forecast by Type
13.7.1. Statics or Compressible
13.7.2. Dynamic or Non-Compressible
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 Interspinous Spacer Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Interspinous Spacer Market: Market Share Analysis
14.2. Interspinous Spacer Distributors and Customers
14.3. Interspinous Spacer Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Alphatec Spine, Inc
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. AMEDICA Corporation
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. ArthroCare Corporation
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Exactech, Inc.
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Integra LifeSciences Corporation
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Medyssey
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. LDR Holding Corporation
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Pioneer Surgical Technology Spine
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. RTI Surgical, Inc.
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Zimmer Holdings, Inc.
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. DePuy Spine, Inc.
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Globus Medical Inc.
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Medtronic, Inc.
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. NuVasive, Inc.
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Stryker Corporation
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Orthofix Holdings, Inc.
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
