Global Spinal Fusion Devices Market: Snapshot
Our spinal structure can lose stability due to trauma, fracture, tumor, deformity, and degenerative disorders. Besides these, spinal cord injuries can happen due to blocked blood supply, injuries, infections, and compression as a result of tumor or a fractured bone. Spinal fusion devices give stability to spinal structure when it loses strength on account of aforementioned factors. The incidence of spinal cord injuries has risen significantly in the last couple years, in boosting the global spinal fusion devices market. With the launch of advanced plating systems that offer improved structural integrity and stability, the market is looking to gain momentum in the coming years. In addition to this, the advent of innovative screw systems and locking mechanisms made from modern materials such as titanium alloy will fuel growth opportunities for the market.
Transparency Market Research (TMR) has projected the global spinal fusion devices to reach US$10.96 bn by the end of 2025, rising steadily at 4.65% CAGR between 2017 and 2025. In the coming years, the market will gain from the increasing geriatric population as aged people are more vulnerable to spine disorders. Furthermore, with several technological advancements underway, experts predict sustainable growth for the global spinal fusion devices market
Hospitals Emerged Dominant among End Users in 2016
To present an in-depth overview, the global spinal fusion devices market is categorized in terms of end user, product, surgery, and geography. For instance, the market encompasses interbody fusion devices, thoraco-lumbar fixation devices, and cervical fixation devices in terms of product. Similarly based on surgery, the global spinal fusion devices market can be bifurcated into minimally-invasive surgery and open surgery. Of these, open surgery held dominance in the market in 2016. However, in the coming years the market is poised to witness a surging demand for minimally-invasive surgeries as they pose lesser risk and complication post surgeries.
Among end users, hospitals accounted for the highest share in the global spinal fusion devices market in 2016. Other segments within this category are ambulatory surgical centers, orthopedic centers, and clinics. In the coming years, the demand from clinical and orthopedic centers is forecast to rise thus bolstering growth opportunities for the global spinal fusion devices market.
North America Projected to Lead Global Market through Forecast Period
Regionally, the report covers Latin America, Asia Pacific, North America, Europe, and the Middle East and Africa. Among these regions, the market witnessed the highest demand from North America in 2016. Going forward North America is projected to remain dominant in the global spinal fusion devices market on account of the presence of a sophisticated healthcare infrastructure, high level of awareness about advanced treatments, and the rising focus of market players on innovations.
The report also profiles some of the leading companies operating in the spinal fusion devices market. These include K2M Group Holdings Inc., Zimmer Biomet Holdings Inc., NuVasive Inc., Globus Medical Inc., Stryker Corporation, Orthofix International N.V., Exactech Inc., Alphatec Holdings Inc., Braun Melsungen AG, Medtronic plc, and Titan Spine LLC.
Escalating Spinal Injuries to Add Extra Stars of Growth to Spinal Fusion Devices Market
Spinal fusion devices are generally used for stabilizing the spinal structure when loses strength due to spinal cord injuries, trauma, deformity, and other aspects. The growing number of such types of injuries around the world may prove to be a prominent growth factor for the spinal fusion devices market across the forecast period of 2017-2025. The growing technological advancements across the spinal fusion devices market will further increase the growth prospects to a great extent.
The Spinal Fusion Devices Market has been segmented as follows:
by Product Type |
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by Surgery |
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by End-user |
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by Region |
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List of Tables
Table 01: Pipeline Analysis
Table 02: Spinal Fusion Procedures – CPT Codes
Table 03: Global Spinal Fusion Devices Market Size (US$ Mn) Forecast, by Product Type, 2015–2025
Table 04: Global Spinal Fusion Devices Market Size (US$ Mn) Forecast, by Product Type-Thoraco-Lumbar Fixation Devices, 2015–2025
Table 05: Global Spinal Fusion Devices Market Size (US$ Mn) Forecast, by Product Type-Cervical Fixation Devices, 2015–2025
Table 06: Global Spinal Fusion Devices Market Size (US$ Mn) Forecast, by Product Type- Interbody Fusion Devices, 2015–2025
Table 07: Global Spinal Fusion Devices Market Size (US$ Mn) Forecast, by Surgery, 2015–2025
Table 08: Global Spinal Fusion Devices Market Size (US$ Mn) Forecast, by End-user, 2015–2025
Table 09: Global Spinal Fusion Devices Market Size (US$ Mn) Forecast, by Region, 2015–2025
Table 10: North America Spinal Fusion Devices Market Size (US$ Mn) Forecast, by Country, 2015–2025
Table 11: North America Spinal Fusion Devices Market Size (US$ Mn) Forecast, by Product Type, 2015–2025
Table 12: North America Spinal Fusion Devices Market Size (US$ Mn) Forecast, by Product Type-Thoraco-Lumbar Fixation Devices, 2015–2025
Table 13: North America Spinal Fusion Devices Market Size (US$ Mn) Forecast, by Product Type- Cervical Fixation Devices, 2015–2025
Table 14: North America Spinal Fusion Devices Market Size (US$ Mn) Forecast, by Product Type- Interbody Fusion Devices, 2015–2025
Table 15: North America Spinal Fusion Devices Market Size (US$ Mn) Forecast, by Surgery, 2015–2025
Table 16: North America Spinal Fusion Devices Market Size (US$ Mn) Forecast, by End-user, 2015–2025
Table 17: Europe Spinal Fusion Devices Market Size (US$ Mn) Forecast, by Country, 2015–2025
Table 18: Europe Spinal Fusion Devices Market Size (US$ Mn) Forecast, by Product Type, 2015–2025
Table 19: Europe Spinal Fusion Devices Market Size (US$ Mn) Forecast, by Product Type-Thoraco-Lumbar Fixation Devices, 2015–2025
Table 20: Europe Spinal Fusion Devices Market Size (US$ Mn) Forecast, by Product Type – Cervical Fixation Devices, 2015–2025
Table 21: Europe Spinal Fusion Devices Market Size (US$ Mn) Forecast, by Product Type- Interbody Fusion Devices, 2015–2025
Table 22: Europe Spinal Fusion Devices Market Size (US$ Mn) Forecast, by Surgery, 2015–2025
Table 23: Europe Spinal Fusion Devices Market Size (US$ Mn) Forecast, by End-user, 2015–2025
Table 24: Asia Pacific Spinal Fusion Devices Market Size (US$ Mn) Forecast, by Country, 2015–2025
Table 25: Asia Pacific Spinal Fusion Devices Market Size (US$ Mn) Forecast, by Product Type, 2015–2025
Table 26: Asia Pacific Spinal Fusion Devices Market Size (US$ Mn) Forecast, by Product Type-Thoraco-Lumbar Fixation Devices, 2015–2025
Table 27: Asia Pacific Spinal Fusion Devices Market Size (US$ Mn) Forecast, by Product Type- Cervical Fixation Devices, 2015–2025
Table 28: Asia Pacific Spinal Fusion Devices Market Size (US$ Mn) Forecast, by Product Type – Interbody Fusion Devices, 2015–2025
Table 29: Asia Pacific Spinal Fusion Devices Market Size (US$ Mn) Forecast, by Surgery, 2015–2025
Table 30: Asia Pacific Spinal Fusion Devices Market Size (US$ Mn) Forecast, by End-user, 2015–2025
Table 31: Latin America Spinal Fusion Devices Market Size (US$ Mn) Forecast, by Country, 2015–2025
Table 32: Latin America Spinal Fusion Devices Market Size (US$ Mn) Forecast, by Product Type, 2015–2025
Table 33: Latin America Spinal Fusion Devices Market Size (US$ Mn) Forecast, by Product Type-Thoraco-Lumbar Fixation Devices, 2015–2025
Table 34: Latin America Spinal Fusion Devices Market Size (US$ Mn) Forecast, by Product Type – Cervical Fixation Devices, 2015–2025
Table 35: Latin America Spinal Fusion Devices Market Size (US$ Mn) Forecast, by Product Type- Interbody Fusion Devices, 2015–2025
Table 36: Latin America Spinal Fusion Devices Market Size (US$ Mn) Forecast, by Surgery, 2015–2025
Table 37: Latin America Spinal Fusion Devices Market Size (US$ Mn) Forecast, by End-user, 2015–2025
Table 38: Middle East & Africa Spinal Fusion Devices Market Size (US$ Mn) Forecast, by Country, 2015–2025
Table 39: Middle East & Africa Spinal Fusion Devices Market Size (US$ Mn) Forecast, by Product Type, 2015–2025
Table 40: Middle East & Africa Spinal Fusion Devices Market Size (US$ Mn) Forecast, by Product Type-Thoraco-Lumbar Fixation Devices, 2015–2025
Table 41: Middle East & Africa Spinal Fusion Devices Market Size (US$ Mn) Forecast, by Product Type- Cervical Fixation Devices, 2015–2025
Table 42: Middle East & Africa Spinal Fusion Devices Market Size (US$ Mn) Forecast, by Product Type- Interbody Fusion Devices, 2015–2025
Table 43: Middle East & Africa Spinal Fusion Devices Market Size (US$ Mn) Forecast, by Surgery, 2015–2025
Table 44: Middle East & Africa Spinal Fusion Devices Market Size (US$ Mn) Forecast, by End-user, 2015–2025
List of Figures
Figure 01: Spinal Fusion Devices Market Size (US$ Mn) and Distribution by Geography, 2016 and 2025
Figure 02: Global Spinal Fusion Devices Market Size (US$ Mn) and Y-o-Y Growth (%), and Forecast, 2017–2025
Figure 03: Market Value Share By Product Type (2017)
Figure 04: Market Value Share By Surgery (2017)
Figure 05: Market Value Share By End-user (2017)
Figure 06: Market Value Share By Region (2017)
Figure 07: Spinal and Spine Surgery related major conferences
Figure 08: Porter’s Five Force Analysis
Figure 09: U.S. Medical Device Approval Process
Figure 10: Europe Medical Device Approval Process
Figure 11: Japan Medical Device Approval Process
Figure 12: Global Spinal Fusion Devices Market Value Share Analysis, by Treatment, 2016 and 2025
Figure 13: Global Spinal Fusion Devices Market Revenue (US$ Mn) and Y-o-Y Growth (%) Forecast, by Thoraco-Lumbar Fixation Devices, 2015–2025
Figure 14: Global Spinal Fusion Devices Market Revenue (US$ Mn) and Y-o-Y Growth (%) Forecast, by Cervical Fixation Devices, 2015–2025
Figure 15: Global Spinal Fusion Devices Market Revenue (US$ Mn) and Y-o-Y Growth (%) Forecast, by Interbody Fusion Devices, 2015–2025
Figure 16: Global Spinal Fusion Devices Market Revenue (US$ Mn) and Y-o-Y Growth (%) Forecast, by Lumbar Plates, 2015–2025
Figure 17: Global Spinal Fusion Devices Market Revenue (US$ Mn) and Y-o-Y Growth (%) Forecast, by Rods, 2015–2025
Figure 18: Global Spinal Fusion Devices Market Revenue (US$ Mn) and Y-o-Y Growth (%) Forecast, by Topical Products, 2015–2025
Figure 19: Global Spinal Fusion Devices Market Revenue (US$ Mn) and Y-o-Y Growth (%) Forecast, by Pedicle Screws, 2015–2025
Figure 20: Global Spinal Fusion Devices Market Revenue (US$ Mn) and Y-o-Y Growth (%) Forecast, by Others, 2015–2025
Figure 21: Global Spinal Fusion Devices Market Revenue (US$ Mn) and Y-o-Y Growth (%) Forecast, by Anterior Cervical Plates, 2015–2025
Figure 22: Global Spinal Fusion Devices Market Revenue (US$ Mn) and Y-o-Y Growth (%) Forecast, by Hook Fixation Systems, 2015–2025
Figure 23: Global Spinal Fusion Devices Market Revenue (US$ Mn) and Y-o-Y Growth (%) Forecast, by Screws, 2015–2025
Figure 24: Global Spinal Fusion Devices Market Revenue (US$ Mn) and Y-o-Y Growth (%) Forecast, by Others, 2015–2025
Figure 25: Global Spinal Fusion Devices Market Revenue (US$ Mn) and Y-o-Y Growth (%) Forecast, by Non-bone Fusion Devices, 2015–2025
Figure 26: Global Spinal Fusion Devices Market Revenue (US$ Mn) and Y-o-Y Growth (%) Forecast, by Bone Fusion Devices, 2015–2025
Figure 27: Global Spinal Fusion Devices Market Attractiveness, by Treatment, 2017-2025
Figure 28: Global Spinal Fusion Devices Market Attractiveness, by Product Type, Thoraco-Lumbar Fixation Devices, 2017-2025
Figure 29: Global Spinal Fusion Devices Market Attractiveness, by Product Type, Cervical Fixation Devices, 2017-2025
Figure 30: Global Spinal Fusion Devices Market Attractiveness, by Product Type, Interbody Fusion Devices, 2017-2025
Figure 31: Global Spinal Fusion Devices Market Value Share Analysis, by Surgery, 2016 and 2025
Figure 32: Global Spinal Fusion Devices Market Revenue (US$ Mn) and Y-o-Y Growth (%) Forecast, by Open Surgery, 2015–2025
Figure 33: Global Spinal Fusion Devices Market Revenue (US$ Mn) and Y-o-Y Growth (%) Forecast, by Minimally-Invasive Surgery, 2015–2025
Figure 34: Global Spinal Fusion Devices Market Attractiveness, by Surgery, 2017-2025
Figure 35: Global Spinal Fusion Devices Market Value Share Analysis, by End-user, 2016 and 2025
Figure 36: Global Spinal Fusion Devices Market Revenue (US$ Mn) and Y-o-Y Growth (%) Forecast, by Hospitals, 2015–2025
Figure 37: Global Spinal Fusion Devices Market Revenue (US$ Mn) and Y-o-Y Growth (%) Forecast, by Ambulatory Surgical Centers, 2015–2025
Figure 38: Global Spinal Fusion Devices Market Revenue (US$ Mn) and Y-o-Y Growth (%) Forecast, by Clinics & Orthopedic Centers, 2015–2025
Figure 39: Global Spinal Fusion Devices Market Attractiveness, by Surgery, 2017-2025
Figure 40: Global Spinal Fusion Devices Market Revenue (US$ Mn) Forecast, 2015–2025
Figure 41: Global Spinal Fusion Devices Market Value Share Analysis, by Region, 2016 and 2025
Figure 42: Global Spinal Fusion Devices Market Attractiveness, by Region, 2017-2025
Figure 43: North America Spinal Fusion Devices Market Size (US$ Mn) and Y-o-Y Growth (%) Forecast, 2015–2025
Figure 44: North America Spinal Fusion Devices Market Attractiveness Analysis, by Country, 2017–2025
Figure 45: North America Spinal Fusion Devices Market Value Share Analysis, by Country, 2016 and 2025
Figure 46: North America Spinal Fusion Devices Market Value Share Analysis, by Product Type, 2016 and 2025
Figure 47: North America Spinal Fusion Devices Market Value Share Analysis, by Surgery, 2016 and 2025
Figure 48: North America Spinal Fusion Devices Market Value Share Analysis, by End-user, 2016 and 2025
Figure 49: North America Spinal Fusion Devices Market Attractiveness, by Product Type, 2017-2025
Figure 50: North America Spinal Fusion Devices Market Attractiveness, by Surgery, 2017-2025
Figure 51: North America Spinal Fusion Devices Market Attractiveness, by End-user, 2017-2025
Figure 52: Europe Spinal Fusion Devices Market Size (US$ Mn) and Y-o-Y Growth (%) Forecast, 2015–2025
Figure 53: Europe Spinal Fusion Devices Market Attractiveness Analysis, by Country, 2017–2025
Figure 54: Europe Spinal Fusion Devices Market Value Share Analysis, by Country, 2016 and 2025
Figure 55: Europe Spinal Fusion Devices Market Value Share Analysis, by Product Type, 2016 and 2025
Figure 56: Europe Spinal Fusion Devices Market Value Share Analysis, by Surgery, 2016 and 2025
Figure 57: Europe Spinal Fusion Devices Market Value Share Analysis, by End-user, 2016 and 2025
Figure 58: Europe Spinal Fusion Devices Market Attractiveness, by Product Type, 2017-2025
Figure 59: Europe Spinal Fusion Devices Market Attractiveness, by Surgery, 2017-2025
Figure 60: Europe Spinal Fusion Devices Market Attractiveness, by End-user, 2017-2025
Figure 61: Asia Pacific Spinal Fusion Devices Market Size (US$ Mn) and Y-o-Y Growth (%) Forecast, 2015–2025
Figure 62: Asia Pacific Spinal Fusion Devices Market Attractiveness Analysis, by Country, 2017–2025
Figure 63: Asia Pacific Spinal Fusion Devices Market Value Share Analysis, by Country, 2016 and 2025
Figure 64: Asia Pacific Spinal Fusion Devices Market Value Share Analysis, by Product Type, 2016 and 2025
Figure 65: Asia Pacific Spinal Fusion Devices Market Value Share Analysis, by Surgery, 2016 and 2025
Figure 66: Asia Pacific Spinal Fusion Devices Market Value Share Analysis, by End-user, 2016 and 2025
Figure 67: Asia Pacific Spinal Fusion Devices Market Attractiveness, by Product Type, 2017-2025
Figure 68: Asia Pacific Spinal Fusion Devices Market Attractiveness, by Surgery, 2017-2025
Figure 69: Asia Pacific Spinal Fusion Devices Market Attractiveness, by End-user, 2017-2025
Figure 70: Latin America Spinal Fusion Devices Market Size (US$ Mn) and Y-o-Y Growth (%) Forecast, 2015–2025
Figure 71: Latin America Spinal Fusion Devices Market Attractiveness Analysis, by Country, 2017–2025
Figure 72: Latin America Spinal Fusion Devices Market Value Share Analysis, by Country, 2016 and 2025
Figure 73: Latin America Spinal Fusion Devices Market Value Share Analysis, by Product Type, 2016 and 2025
Figure 74: Latin America Spinal Fusion Devices Market Value Share Analysis, by Surgery, 2016 and 2025
Figure 75: Latin America Spinal Fusion Devices Market Value Share Analysis, by End-user, 2016 and 2025
Figure 76: Latin America Spinal Fusion Devices Market Attractiveness, by Product Type, 2017-2025
Figure 77: Latin America Spinal Fusion Devices Market Attractiveness, by Surgery, 2017-2025
Figure 78: Latin America Spinal Fusion Devices Market Attractiveness, by End-user, 2017-2025
Figure 79: Middle East & Africa Spinal Fusion Devices Market Size (US$ Mn) and Y-o-Y Growth (%) Forecast, 2015–2025
Figure 80: Middle East & Africa Spinal Fusion Devices Market Attractiveness Analysis, by Country, 2017–2025
Figure 81: Middle East & Africa Spinal Fusion Devices Market Value Share Analysis, by Country, 2016 and 2025
Figure 82: Middle East & Africa Spinal Fusion Devices Market Value Share Analysis, by Product Type, 2016 and 2025
Figure 83: Middle East & Africa Spinal Fusion Devices Market Value Share Analysis, by Surgery, 2016 and 2025
Figure 84: Middle East & Africa Spinal Fusion Devices Market Value Share Analysis, by End-user, 2016 and 2025
Figure 85: Middle East & Africa Spinal Fusion Devices Market Attractiveness, by Product Type, 2017-2025
Figure 86: Middle East & Africa Spinal Fusion Devices Market Attractiveness, by Surgery, 2017-2025
Figure 87: Middle East & Africa Spinal Fusion Devices Market Attractiveness, by End-user, 2017-2025
Figure 88: Global Spinal Fusion Devices Market Share Analysis, by Company (2016)