The Global Spinal Fusion Devices Market size was valued at $7,030.1 million in 2020, and is projected to reach $11,434.1 million by 2028, growing at CAGR of 4% during the forecast period 2022 to 2028.
Spinal fusion devices are used to provide stability to spinal structures that have lost stability due to fractures, degenerative disorders of the spine, trauma, tumors, and deformities. Spinal cord injuries are usually caused by a variety of causes, including blockage of the blood supply, infection, injury, or compression by a fractured bone or tumor. Spinal fusion device technology and functional mechanisms have evolved over the years. Advanced plating system provides improved stability and structural integrity. Spinal fusion devices have self-drilling and self-tapping capabilities made from modern manufacturing materials such as titanium alloys, as well as innovative locking mechanisms and screw systems made with single and double holes per vertebra where screwing is performed.
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Market Segments
By Type
- Cervical Fixation Devices
- Interbody Fusion Devices
- Thoracolumbar Devices
By Surgery
- Minimally Invasive Spine Surgery
- Open Spine Surgery
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Key Players
- Zimmer Biomet Holdings, Inc.
- Alphatec Holdings Inc
- B. Braun Melsungen AG
- Exactech Inc
- Globus Medical Inc
- Johnson & Johnson
- Medtronic Plc
- Nuvasive Inc
- Orthofix International N.V.
- Stryker Corporation
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Scope of the Report
The research study analyzes the global Spinal Fusion Devices industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Spinal Fusion Devices Market Report
1. What was the Spinal Fusion Devices Market size in 2020 and 2021; what are the estimated growth trends and market forecast (2022-2028).
2. What will be the CAGR of Spinal Fusion Devices Market during the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in the Spinal Fusion Devices Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the global Spinal Fusion Devices market.
- The market share of the global Spinal Fusion Devices market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global Spinal Fusion Devices market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Spinal Fusion Devices market.
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