Spinal Implants Market Report 2025 (Global Edition)

Global Spinal Implants Market Report 2025 Market Size Split by Product Type (Thoracic Fusion, Lumar Fusion Device), by Technology (Spinal Fusion, Fixation Motion Preservation, Vertebral Compression, S...

Spinal Implants Market Report Description

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August 2021

• Aurora spine corporation announces FDA clearance for DEXA-C cervical Interbody system 

Medtronic, DePuy Synthes, Stryker, NuVasive and Globus Medical . The DEXA-C, a new line of cervical cages for anterior cervical discectomy with fusion (ACDF) surgeries, has been cleared by the U.S. Food and Drug Administration(FDA). The company is a creator and manufacturer of cutting-edge medical devices that improve spine surgical outcomes. The DEXA technology developed by Aurora, which produces a series of implants with various densities to fit a patient's bone density and DEXA T-Score, has now received its first approval. The method should encourage faster bone growth and use better fixation by comparing and employing a product that fits a patient's bone density.

October 2020

• Medtronic announces Adaptix Interbody System, the first navigated titanium cage

Medtronic announced the launch of the Adaptix Interbody system, the first navigated titanium implant with Titan nanoLOCK. Adaptix Interbody System allows the best chance to meet patients' needs by confidently placing the implant under the navigation and trusting the Titan nanoLOCK Surface Technology to allow the implant to promote fusion. Surface technology, material type, and implant design all play a role in the bone growth process during fusion. 
Impact of the COVID-19 Pandemic on the Spinal Implant Market:
The COVID-19 pandemic has impacted the spine implant and devices market to a great extent due to the decline in spine surgery across the globe. For instance, according to a study conducted in Central Europe, 90% of the participants observed a decline in patients with degenerative spinal diseases in outpatient clinics. Additionally, the research found that about 50% of the surgeons who contracted SARS-CoV2 postponed all elective and semi-elective surgeries. Decompression surgery or lumbar disc with minor symptoms was delayed by 36% of the doctors. Also changes in different policy and delay in clearance impacted badly on the spinal implant market.

Top Companies Market Share in Spinal Implants Industry: (In no particular order of Rank)

• DePuy Synthes
• Stryker Corporation
• Medtronic
• NuVasive
• Zimmer Biomet Holdings
• Accel Spine
• Aesculap
• Globus Medical
• Alphatec Holdings
• Orthofix International
• Amedica
• Apollo Spine
• K2M Group Holdings
• RTI Surgical
• Centinel Spine
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By region, the spinal implant market is classified into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.
North America held the largest revenue market share in 2022
Due to increased spinal cord injuries in the U.S., North America held the majority of the market in 2022 with a revenue share of 48.8%. Furthermore, prominent competitors have seen a significant gain in market revenue in the U.S. due to technical advancements and an increase in FDA approvals. For instance, the VIZE device from VUZE Medical, which is used to perform spine surgery, received approval from the U.S. Food and Drug Administration (FDA) in January 2022. Minimally invasive spine surgery is one of the medical techniques that VUZE Medical excels in visualizing and verifying. Furthermore, the demand for spinal implants in the nation has been significantly impacted by healthcare reimbursement. 
Asia Pacific is expected to grow the fastest during the forecast period due to growing SCI cases in India and China. Furthermore, Japan has also contributed to the rapid development of its highly sophisticated spine-related procedures. The rising elderly population and increased traffic accidents are also significantly driving regional growth.

The current report Scope analyzes Spinal Implants Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

Spinal Implants Market Analysis

Thoracic Fusion and Lumbar Fusion accounted for the largest share of the market
Based on the product, the spinal implant market can be segmented into thoracic fusion and lumbar fusion, cervical fusion, spine biologics, nonfusion devices, vertebral compression fracture treatment devices, spinal decompression devices, and spine bone stimulators. The thoracic fusion and lumbar fusion devices segment accounted for the largest share of the market in 2020 and is anticipated to retain its dominance in the coming years. Due to the increasing incidence of lumbar degenerative disc disease and growing technological advancements in the lumbar region. 
Vertebral compression fracture treatment devices are expected to experience the fastest growth of 6.3% over the forecast period due to an increase in spine disorders and patients' preference for minimally invasive surgery. Furthermore, several key players seek approval from various regulatory bodies to expand their geographical presence. These geographical expansions are anticipated to fuel segment growth.

• Thoracic Fusion
• Lumar Fusion Device

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Spinal fusion and Fixation technology accounted for the largest share of the market
Based on the technology, the market can be segmented into spinal fusion and fixation technologies, vertebral compression fracture treatment, and motion preservation technologies. The Spinal fusion and fixation technologies have accounted largest share due to their coverage of a broad range of surgical methods, including both posterior and anterior methods. Additionally, growing FDA approvals for spinal fusion and fixation systems aided segment growth. In August 2022, the FDA granted Surgaligns Cortera Spinal Fixation System clearance.

• Spinal Fusion
• Fixation Motion Preservation
• Vertebral Compression
• Spinal Decompression

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Spinal Implants Surgery Type Segment Analysis

Open Surgery is mostly practiced
Based on surgery type, the market can be segmented into Open surgeries, Minimally Invasive Surgeries. Open spine surgery is still frequently done, despite a steady decline. which includes numerous adverse effects, including prolonged operating times and high levels of invasiveness, which cause most procedures to lose excessive amounts of blood and increase the risk of infection or harm to healthy tissue. 
On the other hand, Minimally Invasive Surgery (MIS) is often preferred by both patients and doctors. Therfore, MIS is anticipated to experience the highest growth rate. Spine-related operations are carried out through tiny incisions by surgeons using cutting-edge equipment. MIS uses much smaller incisions than open surgery, which reduces the chance of muscle and soft tissue injuries. Moreover, MIS is computer-based guided by cutting-edge navigation systems, and ensures a higher degree of accuracy.

• Open Surgeries
• Minimally Invasive Surgeries

Author's Detail

Anushka Gore

Research Associate at Cognitive Market Research

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Anushka Gore is a seasoned market researcher specializing in the dynamic landscape of the Pharmaceutical industry. With a keen analytical mind and a deep passion for healthcare advancements, she has dedicated herself unraveling the intricate market trends and consumer behaviors that shape the future of medical technologies and services.

Author's Conclusion