척추 임플란트 시장 시장 예측(-2030년) : 제품 유형별, 재료별, 시술별, 용도별, 최종사용자별, 지역별 세계 분석

According to Stratistics MRC, the Global Spinal Implants Market is accounted for $14.28 billion in 2024 and is expected to reach $21.92 billion by 2030 growing at a CAGR of 7.4% during the forecast period. Medical devices used to treat spine problems such as degenerative disc degeneration, fractures, and deformities are manufactured and distributed in the spinal implants market. These implants, which include bone stimulators, artificial discs, and fusion and non-fusion devices, aid in spine stabilization, function restoration, and pain relief. Spinal implants are an essential part of contemporary spinal healthcare, and the market is driven by reasons like an aging population, an increase in spinal illnesses, and improvements in minimally invasive surgical techniques.

According to WHO estimates, in April 2024, there are approximately 15.4 million individuals diagnosed/suffering from spinal cord injuries across the globe in 2021. According to Cleveland in the U.S., there are approximately 18,000 new cases of traumatic spinal cord injury annually; of these, over 75% are males.

Market Dynamics:

Driver:

Rising prevalence of spinal disorders

The increasing frequency of spinal problems has a major effect on spinal implants and increases the need for novel therapeutic approaches. Spinal surgeries are on the rise as a result of conditions like degenerative disc disease, herniated discs, and spinal stenosis becoming more prevalent, especially among the elderly population. Advanced spinal implants are becoming more and more necessary as more patients look for efficient solutions to their functional restrictions and chronic pain. This tendency forces medical professionals to use cutting-edge technology that improve surgical results and patient satisfaction, which eventually promotes market growth and investment in spinal health solutions.

Restraint:

High costs of spinal surgeries

The high expense of spinal procedures has a major effect on spinal implants, posing challenges for patients and healthcare systems together. The cost of advanced spinal implants, surgery fees, and post-operative care are only a few of the variables that contribute to expenses. Financial burden causes many patients to postpone or forego treatments, which can exacerbate their symptoms. Furthermore, hospitals and clinics frequently struggle with financial limitations, which make it difficult to invest in the newest technologies. This financial strain emphasizes the need for methods to increase access to critical surgical procedures and promote cost transparency without sacrificing care quality.

Opportunity:

Increasing adoption of minimally invasive surgeries (MIS)

A major factor driving the growing use of spinal implants is the growing acceptance of minimally invasive operations (MIS), which have several benefits over open surgeries. Smaller incisions are made during MIS procedures, which lessens patient discomfort, speeds up healing, and lowers problems. Consequently, the need for smaller, more flexible spinal implants specifically made for MIS operations is increasing. Further propelling the growth of the spinal implants market are developments in imaging and navigation technology, which have improved the precision of MIS and made it more attractive to both patients and surgeons.

Threat:

Lack of skilled surgeons in developing regions

Spinal implants face a major obstacle due to the shortage of qualified surgeons in underdeveloped nations. Advanced surgical techniques are not as readily available in these places since many healthcare facilities have difficulty recruiting and retaining skilled spinal surgeons. Inadequate training programs and restricted access to continuing medical education frequently make this deficit worse by impeding the acquisition of knowledge in more recent technology and procedures. As a result, patients might have to wait longer for surgery or be sent to facilities that are farther away, which could cause treatment delays and have a detrimental effect on patient outcomes.

Covid-19 Impact

The COVID-19 pandemic caused major interruptions in surgical operations and healthcare delivery, which had a tremendous effect on the market for spinal implants. Lockdown procedures and resource reallocation to handle the situation resulted in the postponement or cancellation of numerous elective surgeries, including spinal operations. As a result, hospitals experienced operational difficulties and patients gave priority to pressing medical issues, which decreased demand for spinal implants. The epidemic also brought attention to the need for improved safety measures, which might have postponed the deployment of new technology.

The fusion devices segment is expected to be the largest during the forecast period

The fusion devices segment is estimated to be the largest, due to the increasing prevalence of degenerative disc disease, a common cause of back pain. Fusion operations are becoming more popular as a result of improvements in surgical methods and implant technology that have made them less invasive and more successful. The market is growing as a result of the aging population, which is more prone to spinal disorders. Patient demand for these devices is being driven by growing awareness of the advantages of fusion surgery, such as pain alleviation and enhanced quality of life.

The stainless steel segment is expected to have the highest CAGR during the forecast period

The stainless steel segment is anticipated to witness the highest CAGR during the forecast period, due to its strength and durability, which allow it to endure the mechanical pressures that the spine experiences. Longevity within the body is guaranteed by its resistance to corrosion, which lowers the chance of implant failure over time. Stainless steel is also reasonably priced, which makes it available to a larger spectrum of medical facilities and patients. The material's broad use in spine procedures can be attributed to its established track record of biocompatibility and compatibility with a variety of surgical techniques.

Region with largest share:

Asia Pacific is expected to have the largest market share during the forecast period due to increased healthcare spending, expanding access to cutting-edge medical treatments, and an aging population that is more susceptible to spinal problems. The demand for spinal implants has increased due to a growing incidence of spinal disorders brought on by rapid urbanization and sedentary lifestyles. Further driving market expansion in nations like China, India, and Japan are growing awareness of minimally invasive surgeries and technical developments in spinal care.

Region with highest CAGR:

North America is projected to witness the highest CAGR over the forecast period, owing to the aging population, the high rate of obesity, and the increasing prevalence of spinal illnesses, all of which exacerbate diseases like herniated discs and degenerative disc degeneration. Innovations in technology, such 3D-printed implants and less invasive surgical methods, are improving treatment results and increasing uptake. Strong healthcare infrastructure, advantageous reimbursement practices, and the existence of major market participants in the US and Canada all contribute to the region's market expansion.

Key players in the market

Some of the key players profiled in the Spinal Implants Market include Medtronic plc, Stryker Corporation, Johnson & Johnson, NuVasive, Inc., Zimmer Biomet Holdings, Inc., Globus Medical, Inc., B. Braun Melsungen AG, Orthofix Medical Inc., Alphatec Holdings, Inc., RTI Surgical, Inc., SeaSpine Holdings Corporation, SpineGuard, Integra LifeSciences Corporation, Xtant Medical Holdings, Inc., Amedica Corporation, Centinel Spine, LLC, Exactech, Inc., and Medicrea International.

Key Developments:

In August 2023, Medtronic launched Catalyst Spine(TM) Smart Cervical Disc, artificial cervical disc is designed for greater motion preservation and improved clinical outcomes.

In February 2023, NuVasive, Inc. released Simplify Cervical Disc. This disc received FDA approval for two-level cervical disc replacement, aiming to enhance range of motion and patient recovery.

In April 2022, Globus Medical introduced Excelsius3D(TM) Imaging System; this system integrates AI-based navigation for precise spinal implant placements.

Product Types Covered:

• Fusion Devices
• Non-Fusion Devices
• Fracture Treatment Devices
• Spinal Bone Stimulators
• Other Product Types

Materials Covered:

• Titanium
• Stainless Steel
• Polyetheretherketone (PEEK)
• Ceramic
• PEEK
• Other Materials

Procedures Covered:

• Minimally Invasive Surgery (MIS)
• Open Surgery

Applications Covered:

• Spinal Fusion and Fixation
• Vertebral Compression Fracture Treatment
• Motion Preservation/Non-Fusion
• Spinal Decompression
• Trauma
• Other Applications

End Users Covered:

• Hospitals
• Specialty Clinics
• Ambulatory Surgical Centers (ASCs)
• Other End Users

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 Product Analysis
• 3.7 Application Analysis
• 3.8 End User Analysis
• 3.9 Emerging Markets
• 3.10 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Spinal Implants Market, By Product Type

• 5.1 Introduction
• 5.2 Fusion Devices
  • 5.2.1 Cervical Fusion Devices
  • 5.2.2 Thoracolumbar Fusion Devices
  • 5.2.3 Interbody Fusion Devices
  • 5.2.4 Pedicle Screws
• 5.3 Non-Fusion Devices
  • 5.3.1 Artificial Discs
  • 5.3.2 Dynamic Stabilization Devices
  • 5.3.3 Annulus Repair Devices
  • 5.3.4 Nucleus Replacement Devices
• 5.4 Fracture Treatment Devices
  • 5.4.1 Vertebroplasty Devices
  • 5.4.2 Kyphoplasty Devices
• 5.5 Spinal Bone Stimulators
• 5.6 Other Product Types

6 Global Spinal Implants Market, By Material

• 6.1 Introduction
• 6.2 Titanium
• 6.3 Stainless Steel
• 6.4 Polyetheretherketone (PEEK)
• 6.5 Ceramic
• 6.6 PEEK
• 6.7 Other Materials

7 Global Spinal Implants Market, By Procedure

• 7.1 Introduction
• 7.2 Minimally Invasive Surgery (MIS)
• 7.3 Open Surgery

8 Global Spinal Implants Market, By Application

• 8.1 Introduction
• 8.2 Spinal Fusion and Fixation
• 8.3 Vertebral Compression Fracture Treatment
• 8.4 Motion Preservation/Non-Fusion
• 8.5 Spinal Decompression
• 8.6 Trauma
• 8.7 Other Applications

9 Global Spinal Implants Market, By End User

• 9.1 Introduction
• 9.2 Hospitals
• 9.3 Specialty Clinics
• 9.4 Ambulatory Surgical Centers (ASCs)
• 9.5 Other End Users

10 Global Spinal Implants Market, By Geography

• 10.1 Introduction
• 10.2 North America
  • 10.2.1 US
  • 10.2.2 Canada
  • 10.2.3 Mexico
• 10.3 Europe
  • 10.3.1 Germany
  • 10.3.2 UK
  • 10.3.3 Italy
  • 10.3.4 France
  • 10.3.5 Spain
  • 10.3.6 Rest of Europe
• 10.4 Asia Pacific
  • 10.4.1 Japan
  • 10.4.2 China
  • 10.4.3 India
  • 10.4.4 Australia
  • 10.4.5 New Zealand
  • 10.4.6 South Korea
  • 10.4.7 Rest of Asia Pacific
• 10.5 South America
  • 10.5.1 Argentina
  • 10.5.2 Brazil
  • 10.5.3 Chile
  • 10.5.4 Rest of South America
• 10.6 Middle East & Africa
  • 10.6.1 Saudi Arabia
  • 10.6.2 UAE
  • 10.6.3 Qatar
  • 10.6.4 South Africa
  • 10.6.5 Rest of Middle East & Africa

11 Key Developments

• 11.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 11.2 Acquisitions & Mergers
• 11.3 New Product Launch
• 11.4 Expansions
• 11.5 Other Key Strategies

12 Company Profiling

• 12.1 Medtronic plc
• 12.2 Stryker Corporation
• 12.3 Johnson & Johnson
• 12.4 NuVasive, Inc.
• 12.5 Zimmer Biomet Holdings, Inc.
• 12.6 Globus Medical, Inc.
• 12.7 B. Braun Melsungen AG
• 12.8 Orthofix Medical Inc.
• 12.9 Alphatec Holdings, Inc.
• 12.10 RTI Surgical, Inc.
• 12.11 SeaSpine Holdings Corporation
• 12.12 SpineGuard
• 12.13 Integra LifeSciences Corporation
• 12.14 Xtant Medical Holdings, Inc.
• 12.15 Amedica Corporation
• 12.16 Centinel Spine, LLC
• 12.17 Exactech, Inc.
• 12.18 Medicrea International