Japan spinal implants market is anticipated to grow at a CAGR around 6.1% during the forecast period. One of the major factors that significantly drive the market is the surging pool of aging populations across the country. As researchers, aged people are more likely to develop chronic back pain. These chronic back pains are largely treated by the minimally invasive spinal implant, hence, contribute to the market growth. Japan Statistics Bureau estimated that around 35.1 million people were aged (65 years or above) in 2017, accounting for around 27.7% of the total population. Furthermore, this share is estimated to reach 40% by 2050, thereby surging the possibility of back pain among the aged people which drives the demand for spinal implants for their treatment.
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Japan 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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Japan 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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