Spinal Trauma Devices Market

Transparency Market Research
Global Spinal Trauma Devices Market to Touch US$4.7 bn by 2023
Published Date
88 Page Report
10-Nov-2015
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Press Release
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REPORT DESCRIPTION
Internal Fixation Devices to Remain Keystone of Global Spinal Trauma Devices
Market
According to a new market report published by Transparency Market Research “Spinal Trauma Devices Market - Global
Industry Analysis, Size, Share, Growth Trends and Forecast 2015 - 2023” the global spinal trauma devices market was
valued at US$2.9 bn in 2014 and is estimated to reach US$4.7 bn by 2023 at a CAGR of 5.6% from 2015 to 2023.
Spinal trauma devices stabilize the posterior area of spine while allowing motion and limiting the compression to the
affected area of the spine. The demand for spinal trauma devices is perpetually is perpetually growing due to increasing
incidence of road accidents, falls, and violence leading to traumatic injuries. Moreover, technological advancements,
growing medical awareness, and introduction of biocompatible devices would propel growth of spinal trauma devices
market.
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The spinal trauma devices are categorized on the basis of device type: internal fixation devices, and external fixation
devices. The application of these devices is mainly based on the type of injury. Internal fixation devices involve surgical
implementation of implants to fix broken spinal bones. External fixation devices are majorly used to stabilize the fractured
spinal bone.
The internal fixation devices dominated the global spinal trauma devices market in 2014. The internal devices segment
has been further sub-segmented into plates and screws, rods and pins and bone grafts. The plates and screws segment held
the largest share of the internal fixation devices in 2014 due to shifting trend towards the application of bioresorbable
plates and screws as internal fixation for spinal traumas. Bioresorbable implants are resorbed over a period of time and
hence eliminates the need for a second surgical procedure. While lowered pain associated and minimum immunological
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rejection from bone grafts, coupled with development of novel therapies by major players has lead the bone grafts
segment to witness the highest growth rate during the forecast period. The major factors driving the internal fixation
devices segment include durability of the devices, cost-effectiveness coupled with product advancements. Moreover,
internal fixation devices require comparatively less postoperative follow-up than external fixators boosting the demand for
internal fixation devices further.
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TABLE OF CONTENT
1. Preface
1.1. Report Description
1.2. Market Segmentation
1.3. Research Methodology
2. Executive Summary
2.1. Global Spinal Trauma Devices Market, Estimates and Forecast, By Revenue, 2013–2023 (US$ Mn)
2.2. Global Spinal Trauma Devices Market, by Internal Fixation Devices, 2014 (US$ Mn)
2.3. Global Market Share by Geography, 2014 and 2023 (Value %)
2.4. Spinal Trauma Devices Market Snapshot
3. Global Spinal Trauma Devices Market – Industry Analysis
3.1. Introduction
3.2. Clinically Recognized Patient Population for High Energy Spinal Fractures, By Region
3.3. Drivers
3.3.1. Constant rise in incidence of traumatic spinal injuries
3.3.2. Emergence of new technological advancements and minimally invasive techniques in the field of
trauma fixation
3.3.3. Increased global health care expenditure
3.4. Restraints
3.4.1. Absence of health insurance schemes in developing countries
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3.1. Opportunities
3.1.1. Shift from metallic to nonmetallic (bioresorbable) material for internal spinal fixators
3.1.2. Emerging economies to offer sustained growth opportunities
3.1. Porter’s Five Forces Analysis
3.2. Market Share – Spinal Trauma Devices Market (2014) (%)
3.3. Market Attractiveness Analysis – Spinal Trauma Devices Market
4. Market Segmentation – By Type
4.1. Introduction
4.2. Global Internal Fixation Devices Market, 2013–2023 (US$ Mn)
4.2.1. Global Plate and Screw Market, 2013–2023 (US$ Mn)
4.2.2. Global Rods and Pins Market, 2013–2023 (US$ Mn)
4.2.3. Global Bone Grafts Market, 2013–2023 (US$ Mn)
4.3. Global External Fixation Devices Market, 2013–2023 (US$ Mn)
5. Spinal Trauma Devices Market - Regional Analysis
5.1. Global Spinal Trauma Devices Market: Regional Overview
5.2. North America Spinal Trauma Devices Market Overview
5.3. Europe Spinal Trauma Devices Market Overview
5.4. Asia Pacific Spinal Trauma Devices Market Overview
5.5. Latin America Spinal Trauma Devices Market Overview
5.6. RoW Spinal Trauma Devices Market Overview
6. Recommendations
7. Company Profiles.
7.1. Arthrex, Inc.
7.2. B. Braun Melsungen AG
7.3. CONMED Corporation
7.4. DePuy Synthes
7.5. Globus Medical, Inc.
7.6. Medtronic
7.7. NuVasive, Inc.
7.8. ReWalk Robotics
7.9. Smith & Nephew plc
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7.10. Stryker Corporation
7.11. Spinal Technology, Inc.
7.12. Orthofix International NV
7.13. Zimmer Biomet
About Us
Transparency Market Research (TMR) is a U.S.-based provider of syndicated research, customized research, and
consulting services. TMR’s global and regional market intelligence coverage includes industries such as pharmaceutical,
chemicals and materials, technology and media, food and beverages, and consumer goods, among others. Each TMR
research report provides clients with a 360-degree view of the market with statistical forecasts, competitive landscape,
detailed segmentation, key trends, and strategic recommendations.
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According to a new market report published by Transparency Market Research “Spinal Trauma Devices Market - Global Industry Analysis, Size, Share, Growth Trends and Forecast 2015 - 2023” the global spinal trauma devices market was valued at US$2.9 bn in 2014 and is estimated to reach US$4.7 bn by 2023 at a CAGR of 5.6% from 2015 to 2023. Know more: http://goo.gl/F3A6xw