Global Spinal Implants Market Size, Share, Trends, Demand, Growth and Competitive Analysis 2030
The recent analytical report published by Markntel Advisors (a leading consulting, data analytics, and market research firm), Market comprises a detailed study of critical and major aspects of market dynamics, i.e. market trends, size, forecasts, growth factors, challenges, and competitor landscape.
In-Depth Market Overview of Global
Spinal Implants Market Industry (2024-2030):
According
to the latest report, the Global Spinal
Implants Market size was valued at USD 10.6
billion in 2023 and is estimated to grow at a CAGR of around 6.1%
during the forecast period, i.e., 2024-30. The report demonstrates
the prominent factors propelling the exponential growth of the Global Spinal
Implants Market.
Key Takeaways: Beneficial for
Stakeholders and Clients
·       
Historic Period: 2019-2022
·       
Base year: 2023
·       
Forecast Years: 2024-2030
·       
CAGR (2024-30):
6.1%
·       
Market Value (2023):
USD 10.6 Billion 
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to get the latest research data with forecasts for the years 2025 to 2030,
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What are the major Driver
the Global Spinal Implants Market
industry?
Rising Prevalence of Spinal Disorders to Elevate the
Demand Graph – Driven by age
& degenerative causes such as osteoarthritis, injuries, etc., the
prevalence of various spinal disorders, such as spinal stenosis,
spondylolisthesis, and degenerative disc disease, has increased. This has
resulted in increased adoption of spinal implants and has accelerated the
growth of the Global Spinal Implants Market. Further, the incidence of low back
pain (LBP) is increasing across the world. For instance, as per the World
Health Organisation (WHO), it is estimated that the number of cases of low back
pain (LBP) would increase to 843 million by 2050, up from 619 million in 2020,
pushed largely by population expansion & aging.
Individuals
with chronic back pain who remain unresponsive to traditional treatments, such
as physical therapy, medication, and injections have started considering spinal
implants. The spinal implants offer structural stability to the spine by
stabilizing segments & decreasing nerve pressure, resulting in reduced
agony. Moreover, the demand for spinal implants would increase, considering
many people would go for spinal procedures.
Global Spinal Implants Market Segmentation
The Global
Spinal Implants Market analysis of MarkNtel Advisors explores the industry by
emphasizing the growth parameters and categorizes including geographical
segmentation, to offer a comprehensive understanding of the market dynamic. The
further bifurcations are as follows:
- By Product
- Thoracic & Lumbar Fusion Devices-
      Market Size & Forecast 2019-2030, USD Million
- Posterior Thoracic & Lumbar Fusion
       Devices - Market Size & Forecast 2019-2030, USD Million
- Interbody Thoracic & Lumbar Fusion
       Devices- Market Size & Forecast 2019-2030, USD Million
- Anterior Thoracic & Lumbar Fusion
       Devices- Market Size & Forecast 2019-2030, USD Million
- Cervical Fusion Devices- Market Size
      & Forecast 2019-2030, USD Million
- Anterior Cervical Fusion Devices-
       Market Size & Forecast 2019-2030, USD Million
- Posterior Cervical Fusion Devices-
       Market Size & Forecast 2019-2030, USD Million
- Spine Biologics- Market Size &
      Forecast 2019-2030, USD Million
- Demineralized Bone Matrix- Market Size
       & Forecast 2019-2030, USD Million
- Bone Morphogenetic Proteins- Market
       Size & Forecast 2019-2030, USD Million
- Bone Substitutes- Market Size &
       Forecast 2019-2030, USD Million
- Machined Bones- Market Size &
       Forecast 2019-2030, USD Million
- Cell-based Matrices- Market Size &
       Forecast 2019-2030, USD Million
- Allograft Bone- Market Size &
       Forecast 2019-2030, USD Million
- VCF Treatment Devices- Market Size
      & Forecast 2019-2030, USD Million
- Balloon Kyphoplasty Devices- Market
       Size & Forecast 2019-2030, USD Million
- Vertebroplasty Devices- Market Size
       & Forecast 2019-2030, USD Million
- Spinal Decompression Devices- Market
      Size & Forecast 2019-2030, USD Million
- Discectomy- Market Size & Forecast
       2019-2030, USD Million
- Laminoplasty, Laminectomy, and
       Laminotomy- Market Size & Forecast 2019-2030, USD Million
- Foraminotomy & Foraminectomy-
       Market Size & Forecast 2019-2030, USD Million
- Facetectomy- Market Size &
       Forecast 2019-2030, USD Million
- Corpectomy- Market Size & Forecast
       2019-2030, USD Million
- Non-fusion Devices- Market Size &
      Forecast 2019-2030, USD Million
- Dynamic Stabilization Devices- Market
       Size & Forecast 2019-2030, USD Million
- Artificial Discs- Market Size & Forecast
       2019-2030, USD Million
- Annulus Repair Devices- Market Size
       & Forecast 2019-2030, USD Million
- Nuclear Disc Prostheses- Market Size
       & Forecast 2019-2030, USD Million
- Spine Bone Stimulators- Market Size
      & Forecast 2019-2030, USD Million
- Non-invasive Spine Bone Stimulators-
       Market Size & Forecast 2019-2030, USD Million
- Invasive Spine Bone Stimulators-
       Market Size & Forecast 2019-2030, USD Million
Explore further details about this research
report- 
https://www.marknteladvisors.com/research-library/spinal-implants-market.html
- By Application
- Spinal Fusion & Fixation- Market
      Size & Forecast 2019-2030, USD Million
- VCF Treatment- Market Size &
      Forecast 2019-2030, USD Million
- Motion Preservation/Non-fusion- Market
      Size & Forecast 2019-2030, USD Million
- Spinal Decompression- Market Size &
      Forecast 2019-2030, USD Million
- By Type of Surgery
- Open Surgery- Market Size & Forecast
      2019-2030, USD Million
- Minimally Invasive Surgery- Market Size
      & Forecast 2019-2030, USD Million
- By End User
- Hospitals- Market Size & Forecast
      2019-2030, USD Million
- Specialty Clinics- Market Size &
      Forecast 2019-2030, USD Million
- Others (Ambulatory Surgical Centers,
      Research Organisations, etc.)
- By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
As per the regional aspect, the Global Spinal Implants Market is expected to be dominated by the North America by capturing the potential market share.
Top
Companies in the Global Spinal Implants Market 
Medtronic Plc, Johnson &
Johnson Medtech, Nuvasive, Inc, Stryker Corporation, Globus Medical, Inc.,
Zimmer Biomet Holdings, Inc., Orthofix International N.V., Ulrich Gmbh &
Co. Kg, B. Braun Melsungen Ag, Integra Lifesciences Holdings Corporation,
Boston Scientific Corporation, Abbott Laboratories, Spineart, Centinel Spine
Llc, Premia Spine, Others,
Global Spinal Implants Industry Recent Development:
- 2023: The Inceptiv spinal cord stimulator by Medtronic has granted CE Mark approval, which includes closed-loop sensing as a measure against chronic pain.
- 2022: The Summit LTX Plus Interbody System by Depuy Synthes was introduced to the market, further broadening their offerings of intervertebral spacers for lumbar fusion procedures. This latest addition boasts improved design features.
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Judgement: Our comprehensive Market research encompasses a wide spectrum of
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accurate demand forecasting, competitor identification, and meticulous pricing
trend monitoring. 
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