Indian Spinal Implants market is anticipated to grow at a CAGR around 9.5% during the forecast period. A lucrative growth is expected in the market due to developing healthcare infrastructure, rising aging population, increasing disposable income and rising awareness toward spine-related health problems. The spine-related disorders along with the lower back pain & slipped disc are among the most common problems in the country. As per the report by QI Spine Clinic (with a sample of 20,000 patients in four metro cities), in 2017, around 20% of the total people treated for back and neck conditions are of the age group of 16-34 years. Around 45% of the people neglect their spine pain for more than seven weeks and 62% of people do not opt for spine surgeries. As per the AOSpine, a global academic community for education and research in spine care, around 200,000 cases of spinal injuries are registered in the country each year. Around 30,000 are of spinal cord injury and paralysis. Nearly 50% of the spinal cord injuries are due to road accidents, and around 45% is due to falls from height and some are related to sports injuries.
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Indian Spinal Implants market is segmented on the basis of type, material and end-user. Based on type, the market is segmented into fusion implants and non-fusion implants. Based on material, the market is segmented into metallic, polymeric and ceramic. Based on end-user, the market is segmented into hospitality & clinics and ambulatory surgical centers.
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Indian Spinal Implants Market Segmentation
By Type
- Fusion Implants
- Non-Fusion Implants
By Material
- Metallic
- Polymeric
- Ceramic
By End-User
- Hospitals & Clinics
- Ambulatory Surgical Centers
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