India Spinal Fusion Devices Market, By Type (Cervical Fusion Device, Thoracic Fusion Device, and Lumbar Fusion Device), By Surgery (Open Spine Surgery and Minimally Invasive Spine Surgery) - Trends, Analysis and Forecast till 2030

The spine is made up of vertebrae that is a series of bones, in between each vertebra are strong connective tissues known as discs that hold one vertebra to the other which act as cushions. The disc permits movements of the vertebrae and allow the person to rotate and bend their back and neck. The degree and type of motion differs between the various levels of the spine. The different spines are lumbar (low back), cervical (neck), or thoracic (chest). The cervical spine is a highly mobile region that allows the movement in every directions. The thoracic spine is highly rigid because of the presence of ribs which is designed to protect the lungs and heart. The lumbar spine permits mostly backward and forward bending movements that is flexion and extension. Fusion is a surgical technique in that one or more of the vertebrae of the spine are fused together to make movement between them. Spinal fusion surgery, grafts the bone which are placed around the spine while performing surgery. The body then heals the grafts after the months as similar to healing a joint fracture.

Growing aging population in India

The growing aging population in India is the major propelling factor for the growth of the target market. The chances of spinal problems increased due to rise in the aged population. Therefore, the spinal cases is also increase. As similar to other country, the spine-related problems are also increase in India. The prevalence and incidence of spinal problems has been rising, mainly because of bad postures, unhealthy lifestyle, and sedentary jobs. Bad postures puts more of strain on the muscles, ligaments, and joints that support the back postures. Deskbound lifestyle also main cause of weak ligaments and muscles that do not maintain the back properly. It has been seen that approximately 60% of the Indian population will have a significant episode at some point of their lifetime. Therefore, the rising spinal problems are anticipated to boost the market studied. According to report published by the WHO (World Health Organization), India registers the highest number of deaths due to the road traffic accidents, more than 1200 injuries with the 375 deaths due to road accidents in the country which is 1^st  global status on road safety.

Increasing Medical tourism

Medical tourism is also a main fueling factor for the spinal fusion devices market. In India, the rate of the spinal fusion devices and the respective spinal surgeries are low compared with the other countries. Therefore, many patients are travelling from all over the world travel to India, treatment of spinal surgeries.

High cost associated with device approval process

The cost and process associated with device approval process for spinal surgical devices is high and lengthy due to it includes preclinical and clinical data for the surgery device. Technologies and class III devices, or devices without a substantially equivalent precedent, needs a server process of estimation, for which CDSCO demands clinical and preclinical data, with manufacturing and biochemical data.

Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.

The India spinal fusion devices market is segmented based on type, surgery. On the basis of type, the India spinal fusion devices market is segmented into cervical fusion device, thoracic fusion device, and lumbar fusion device. On the basis of surgery, the target market is classified into open spine surgery and minimally invasive spine surgery.

Attribute	Details
Base year for estimation	2019
Forecast period	2019 – 2029
Market representation	Revenue in USD Million & CAGR from 2019 to 2029
Market Segmentation	By Type - Cervical Fusion Device, Thoracic Fusion Device, and Lumbar Fusion Device By Surgery  – Open Spine Surgery and Minimally Invasive Spine Surgery
Report coverage	Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2019 to 2029. For the purpose of this study, has segmented the target market report based on type, surgery:

India Spinal Fusion Devices Market, By Type:

• Cervical Fusion Device
• Thoracic Fusion Device
• Lumbar Fusion Device  

India Spinal Fusion Devices Market, By Surgery:

• Open Spine Surgery
• Minimally Invasive Spine Surgery

The key players operating the India spinal fusion devices market includes Medtronic, Zimmer Biomet, Depuy Synthes, Matrix, Globus Medical, and SH Pitkar. Prominent players operating in the target market are focusing on the strategic partnerships as well as launching of the products in order to gain competitive edge in the target market. For instance, in April 2018, Medtronic PLC gained CE Mark and European introduced the Visualase (TM) MRI-guided Laser Ablation System.

• Medtronic Plc.
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies

• Zimmer Biomet Holdings, Inc.
• Depuy Synthes
• Matrix
• Globus Medical
• SH Pitkar

 “*” marked represents similar segmentation in other categories in the respective section

Table of Contents

1. Research Objective and Assumption
   • Preface
   • Research Objectives
   • Study Scope
   • Years considered for the study
   • Assumptions
   • Abbreviations
2. Research Methodology
   • Research data
   • Primary Data
     • Primary Interviews
     • Primary Breakdown
     • Key data from Primary Sources
     • Key Thickness Insights
   • Secondary Data
     • Major Secondary Sources
     • Secondary Sources
   • Market Estimation
   • Top-Down Approach
     • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
   • Bottom-Up Approach
     • Approach for estimating market share by Bottom-up Analysis (Demand Side)
   • Market Breakdown and Data Triangulation
   • Research Assumptions
3. Market Purview
   • Executive Summary
   • Key Findings—Global Outlook for Spinal Fusion Devices Strategies
     • Key Questions this Study will Answer
     • Market Snippet, By Type
     • Market Snippet, By Surgery
   • Opportunity Map Analysis
   • Executive Summary—3 Big Predictions
4. Market Dynamics, Regulations, and Trends Analysis
   • Market Dynamics
     • Drivers
     • Restraints
     • Market Opportunities
     • Market Trends
   • DR Impact Analysis
   • PEST Analysis
   • Porter’s Five Forces Analysis
   • Opportunity Orbit
   • Market Investment Feasibility Index
   • Macroeconomic Factor Analysis
5. India Spinal Fusion Devices Market, By Type, 2020 – 2030, (US$ Mn)
   • Overview
     • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
     • Y-o-Y Growth Analysis (%), 2020 – 2030
     • Segment Trends
   • Cervical Fusion Devices
     • Overview
     • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
   • Thoracic Fusion Devices
     • Overview
     • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
   • Lumbar Fusion Devices
     • Overview
     • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
6. India Spinal Fusion Devices Market, By Surgery, 2020 – 2030, (US$ Mn)
   • Overview
     • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
     • Y-o-Y Growth Analysis (%), 2020 – 2030
     • Segment Trends
   • Open Spine Surgery
     • Overview
     • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
   • Minimal Invasive Spine Surgery
     • Overview
     • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
7. Competitive Landscape
   • Heat Map Analysis
   • Market Presence and Specificity Analysis
8. Company Profiles
   • Medtronic Plc.
     • Company Overview
     • Product Portfolio
     • Key Highlights
     • Financial Performance
     • Business Strategies
   • Zimmer Biomet Holdings, Inc.
   • Depuy Synthes
   • Matrix
   • Globus Medical
   • SH Pitkar
9. The Last Word
   • Future Impact
   • About Us
   • Contact