Spine Surgery Devices Market – Size, Share, Outlook, and Opportunity Analysis, 2018 – 2026 Spinal injuries can occur due to damage of vertebrae, ligaments, or discs of the vertebral column. The higher is the injury on the vertebral column, more effect of the injury is likely to occur as it is nearer to the brain. Such injuries can be treated by surgical procedures. However surgeries do not treat damages, but can reduce the deformity, relieve the pain and help in alignment of the spine (if fractured). The devices of the surgery that are required depend on the approach of the treatment chosen by the surgeon. Request Sample Copy of Research Report @ https://www.coherentmarketinsights.com/insight/request-sample/2645 Global Spine Surgery Devices Market Drivers Frequent approvals by regulatory bodies of novel surgical devices used in spinal injury is expected to drive the global spine surgery devices market growth. For instance, in September 2018, Meditech Spine LLC received approval by the U.S. Food and Drug Administration (FDA) to market its product Cure Opel – C system. Cure Opel – C system is an additional technology to its already existing product Cure ACP system and Talos – C (HA) Interbody System. It provides a unique lock mechanism, which prevents backing out of screws once fixed in the vertebral column. Furthermore, in January 2017, Camber Spine Technologies, LLP received an approval by the U.S. FDA for its product Siconus SI Fusion Screw System. It provides support and fixation to larger bones like sacrum. Camber Spine Technologies developed this system with the partnership of Institute for Musculoskeletal Science & Education. Such approvals of novel devices by regulatory bodies is expected to propel the global spine surgery devices market growth. Furthermore, activities such as collaborations, partnerships, mergers, and acquisitions by manufacturers are expected to elevate the global spine surgery devices market growth. For instance, in May 2019, Medtronic plc, a medical device company acquired Titan Spine LLC, a manufacturer of interbody fusion devices, so as to expand its product portfolio related to spinal surgery devices. Medtronic plc is expected to buy Titan Spine LLC’s full Spine portfolio, which includes titanium–based interbody fusion devices. Hence, such acquisitions are expected to accelerate the global spine surgery market growth. Report includes chapters which deeply display the following deliverable about industry : • Spine Surgery Devices Market Research Objective and Assumption • Spine Surgery Devices Market Purview - Report Description, Executive Summary, and Coherent Opportunity Map (COM) • Spine Surgery Devices Market Dynamics, Regulations, and Trends Analysis - Market Dynamics, Regulatory Scenario, Industry Trend, Merger and Acquisitions, New system Launch/Approvals, Value Chain Analysis, Porter’s Analysis, and PEST Analysis • Global Spine Surgery Devices Market, By Regions • Spine Surgery Devices Market Competition by Manufacturers including Production, Share, Revenue, Average Price, Manufacturing Base Distribution, Sales Area and Product Type. • Spine Surgery Devices Market Manufacturers Profiles/Analysis including Company Basic Information, Manufacturing Base and Its Competitors. • Spine Surgery Devices Market Manufacturing Cost Analysis including Key Raw Materials and Key Suppliers of Raw Materials. • Industrial Chain, Sourcing Strategy and Downstream Buyers including Upstream Raw Materials Sourcing and Downstream Buyers • Marketing Strategy Analysis, Distributors/Traders including Marketing Channel, Market Positioning and Distributors/Traders List. • Market Effect Factors Analysis including Technology Progress/Risk, Consumer Needs/Customer Preference Change and Economic/Political Environmental Change. • Spine Surgery Devices Market Forecast including Production, Consumption, Import and Export Forecast by Type, Applications and Region. • Research Findings and Conclusion Global Spine Surgery Devices Market Regional Analysis North America is expected to hold a dominant position in global spine surgery devices market over the forecast period. Factors such as high prevalence of spinal cord injuries is expected to drive the North America’s spine surgery market growth. For instance, according to National Spinal Cord Injury Statistical Center, the U.S. had around 17,700 new cases of spinal cord injury and the number of people living with the spinal cord injury were found out to be around 288,000, in 2018. Hence, increase in rate of spinal cord injuries would increase the demand for more surgeries, in turn supporting the global spine surgery devices market growth over the forecast period. Global Spine Surgery Devices Market Restraints Complications in surgical procedures related to spinal injuries may influence the adoption of these surgeries and thus, hampering the global spine surgery devices market growth. According to National Health Services (NHS), U.K., all surgeries are associated with some kind of risks. For instance, in lumbar decompression surgery (Laminectomy) there is a risk of infection at the location of invasion. It also includes risk of blood clots, accidental damage to the nerves, loss of vision, and facial sores. Hence, this factor is expected to hinder the global spine surgery devices market growth. Global Spine Surgery Devices Market Key Players Some of the major players operating in the global spine surgery devices market include Zimmer Biomet Holdings Inc., Stryker Corporation, DePuy Spine Inc., Medtronic plc, Globus Medical Inc., Smith and Nephew plc, Arthrex , Inc., Paradigm Spine LLC, Meditech Spine LLC, and Alphatech Spine Inc. Browse Complete Report For More Information @ https://www.coherentmarketinsights.com/ongoing-insight/spine-surgery-devices-market-2645 About Coherent Market Insights Coherent Market Insights is a prominent market research and consulting firm offering actionready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity. Contact Us Mr. Shah Coherent Market Insights 1001 4th Ave, #3200 Seattle, WA 98154 Tel: +1-206-701-6702 Email: [email protected]
Spinal injuries can occur due to damage of vertebrae, ligaments, or discs of the vertebral column. The higher is the injury on the vertebral column, more effect of the injury is likely to occur as it is nearer to the brain.
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