Spinal Fusion Devices Market, By Product Type (Cervical Fusion Device, Thoracolumbar Device, and Interbody Fusion Device), By Surgery (Open Spine Surgery and Minimally Invasive Spine Surgery) and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2032

Spine fusion may be a surgery used to correct problems associated with small bones within the spine. It’s a welding process. During this procedure, two or more vertebrae are fused together in order that they heal into one, solid bone. This is often finished the elimination of pain and restore the steadiness of the spine. This procedure is often performed within the cervical, thoracic and lumbar spine. Spine fusion devices are used to provide stability to spinal structure and loss occur due to disorder of the spine, tumors, stenosis, and trauma. This procedure uses a new type of device called an intervertebral fusion cage to perform spinal fusion between two or more vertebrae in the lumbar spine. Spinal fusion devices are used in back surgery for patients suffering from various spinal diseases such as degenerative disc disease and herniated discs, as the world's population is rapidly aging as a result of declining birth rates and increasing life expectancy.  The number of spine fusion surgeries has gradually increased in recent years, spinal fusion, also known as spinal arthrodesis, is a type of surgery used to fuse two or more vertebral bodies in the treatment of degenerative disc disease, abnormal spinal curvature, spondylolisthesis, and others. The number of spine fusion surgeries has gradually increased in recent years, spinal fusion, also known as spinal arthrodesis, is a type of surgery that is used to join two or more vertebral bodies in the treatment of degenerative disc disease, abnormal spinal curvature, spondylolisthesis and others. Spinal fusion is a procedure that causes 2 opposing bone surfaces to grow together using a bone graft, in medical terms, spinal fusion is called arthrodesis, bone graft can be taken from the patient (called autologous or allograft bone) during primary surgery or harvesting from other individuals (called allograft bone). High incidence of spinal cord injuries will increase the demand for spinal fusion devices in the coming years. Moreover, increasing preference for minimally invasive surgeries due to multiple benefits is driving the overall market growth.

Drivers:

The increasing number of aging population across the globe is a major factor driving the growth of the spinal fusion market. According to the American Association of Neurological Surgeons, more than 65 million Americans suffer from back pain each year, while according to the Chicago Institute of Neurosurgery and Neuroresearch, by the age of fifty, 85% of the population is likely to show evidence. Disc degeneration. So, with the growing geriatric population, the number of people suffering from lower back pain and other degenerative back conditions is expected to increase during the forecast period. By 2025, it is estimated that 30.5% of the population will be over 65 years of age. A rapidly growing population has a major impact on society, especially in the medical field.

Restrains:

According to World Health Organization, 2012 population estimates, 250,000 to 500,000 people suffer from back injuries. Traumatic spinal cord injury (TSCI) incidence rates vary widely, from 13 to 53 cases per million population. Ascendants are the leading cause of TSCI. Major factors such as increasing incidence of back disorders such as osteoarthritis, back pain, spinal disease, concussion, degenerative disc disease, chronic pain spinal cord injury and spinal cord fracture among young adults and elderly population are driving the market growth globally. . However, the high cost of the treatment process may restrain the growth of the global spinal fusion devices market.

Technological advancement

This new technique, called single-position anterior lumbar fusion surgery, allows surgeons to complete the entire operation while the patient is at their side, technological advancements in surgical procedures are also an important factor driving the growth of the market. In November 2022, Sentinel Spine, LLC, a leading medical device company addressing cervical and lumbar spinal disease through leading surgical medical access, announced the recent publication of a peer-reviewed study of the STALIF M portfolio of products in an international journal in November of Spine Surgery: “Evaluation of Anterior Lumbar Interbody Fusion Using a Stand-Alone, Integrated Fusion Cage”.  The STALIF M implant technology is based on the STALIF technology platform, which has over 30 years of proven clinical history and over 75,000 devices implanted. Manufacturers involved in the Spinal Fusion Devices Market are developing advanced versions of their products due to new age technological advancements. Key players in the Global Spinal Fusion Devices Market are investing more in power systems and creating more modern, time-saving, cost-effective technologies that are positively impacting the Global Spinal Fusion Devices Market.

The Spinal Fusion Devices Market is segmented based on product type, surgery and region.

Spinal Fusion Devices Market, By Type

On the basis of type, the Spinal Fusion Devices Market is segmented into Cervical Fusion Device, Thoracic Fusion Device, and Lumbar Fusion Device. Rapid adoption of spine navigation software and favorable health insurance coverage is expected to boost the cervical devices segment. Lumbar fusion devices are expected to witness healthy growth during the forecast period, Lumbar fusion is a complex operation that requires the use of screws placed between the vertebrae. Posterior thoracic fusion is a surgical technique where the surgeon is able to fuse the parts of the thoracic spine together, this may be required in cases of trauma, where the thoracic spine is fractured and screws and rods are required as buttresses for internal support.

Spinal Fusion Devices Market, By Surgery

On the basis of surgery, the target market is segmented into open spine surgery and minimally invasive spine surgery. Faster recovery rates, lower strength of anesthesia and steroids, heart attack or stroke, blood loss, lung or kidney failure, paralysis are rapidly increasing the revenue of minimally invasive spine surgery.

Regional Insights:

On region the Spinal Fusion Devices Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa Asia-Pacific region followed by North America is expected to be the leading region in the global spinal fusion devices market. Factors attributed to the growth of the market in this region are the increasing focus of market players on innovations in devices and increasing awareness of advanced treatments. Growth in the Asia-Pacific region due to rising incidence of spine disorders, lower cost of spine procedures in India compared to the US, and a rapidly growing population are driving forces for the region's growth.

Report Scope:

Attribute	Details
Base year for estimation	2022
Forecast period	2022 – 2032
Market representation	Revenue in USD Billion & CAGR from 2022 to 2032
Market Segmentation	By Product Type - Cervical Fusion Device, Thoracolumbar Device, and Interbody Fusion Device By Surgery  – Open Spine Surgery and Minimally Invasive Spine Surgery
Regional scope	North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa
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 2022 to 2032. For the purpose of this study, has segmented the Global Spinal Fusion Devices Market report based on product type, surgery and region:

Spinal Fusion Devices Market, By Product Type:

• Cervical Fusion Device
• Thoracolumbar Device
• Interbody Fusion Device

Spinal Fusion Devices Market, By Surgery:

• Open Spine Surgery
• Minimally Invasive Spine Surgery

Spinal Fusion Devices Market, By Region:

• North America
  • Middle East & Africa
    • • GCC
      • Israel
      • South Africa
      • Rest of Middle East & Africa
  • Latin America
    • • Brazil
      • Mexico
      • Rest of Latin America
  • Asia Pacific
    • • China
      • India
      • Japan
      • South Korea
      • Rest of Asia Pacific
  • Europe
    • • Germany
      • UK
      • France
      • Russia
      • Italy
      • Rest of Europe
  • • U.S.
    • Canada

The key players operating the Global Spinal Fusion Devices Market includes

• Medtronic plc. It is an American medical device company, the company's operational and executive headquarters are in Minneapolis, Minnesota, and its legal headquarters are in Ireland, having acquired Irish-based Covidien in 2015. It develops and manufactures healthcare technologies and treatments, Medtronic was founded in 1949.
• Zimmer Biomet Based in Warsaw since it’s founding in 1927, Zimmer Biomet designs, manufactures and markets effective, innovative solutions that help orthopedic surgeons and physicians restore mobility, relieve pain and improve quality of life for patients worldwide.
• Depew Synthes, an orthopedics company of Johnson & Johnson, offers the world's most comprehensive portfolio of orthopedic and medtech solutions to keep people moving. DePuy Synthes is a franchise of orthopedic and neurosurgery companies, acquired by Johnson & Johnson Medical Devices Group.
• Globus Medical, Inc. Operating as a medical device company, the company focuses exclusively on the design, development and commercialization of products that promote the recovery of patients with spinal disorders, Globus Medical offers innovative fusion and disruptive technology products.
• B. Braun is a German medical and pharmaceutical device company, which currently has more than 63,000 employees globally and offices and manufacturing facilities in more than 60 countries. Headquartered in Melsungen in central Germany, the company was founded in 1839 and is still owned by the Braun family.
• Captiva Spine is a privately held medical device company founded in 2007, Captiva Spine designs innovative medical and surgical devices, instruments, equipment and supplies to support spine surgeons, performing spine distributors and healthcare facilities.
• Spinal Elements, Inc. A leading designer, developer and manufacturer of surgical solutions for spinal disorders headquartered in Carlsbad, California, Spinal Elements is a company that provides medical devices, surgery, healthcare and more.
• Xtant Medical Holdings, Inc. is Develops, and markets regenerative medicine products and devices for orthopedic and neurological surgeons in the United States and internationally. Its biomaterial products include an osteosponge that provides a natural scaffold for cellular in-growth and exposes bone-forming proteins to the healing environment.
• RTI Surgical, Inc. It is a global, industry-leading private label OEM that provides design, new product development, process and manufacturing services in support of patients and leading medical technology companies.
• NuVasive Inc. It is a medical device company that offers minimally invasive, procedurally integrated spine solutions, the company's products are focused on the treatment of degenerative disc disease, lumbar spinal stenosis, degenerative spondylolisthesis, cervical disc degeneration, early onset scoliosis. Inconsistencies in limb length, among others.

• Medtronic plc.*
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Zimmer Biomet
• Depuy Synthes
• Globus Medical, Inc.
• B. Braun
• Captiva Spine
• Spinal Elements, Inc.
• Xtant Medical Holdings, Inc.
• RTI Surgical, Inc.
• NuVasive Inc.

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

Recent Developments:

• In December 2022, NuVasive, Inc., a leader in spine technology innovation focused on transforming spine surgery with minimally disruptive, procedurally integrated solutions, announced in December that CEO Chris Barry at the 41st annual J.p. will participate in Morgan Healthcare Conference in San Francisco on Jan. PT.
• In July 2022, Medtronic Plc., a global leader in healthcare technology, announced in July 2022 that it had acquired the U.S. license for its UNiD Spine Analyzer v4.0 planning platform. Received Food and Drug Administration 510(K) clearance, including the new DeGen algorithm for degenerative spine procedures.

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 Surgery
     • Key Thickness Insights
   • Secondary Data
     • Major Secondary Surgery
     • Secondary Surgery
   • 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 medical carts Strategies
     • Key Questions this Study will Answer
     • Market Snippet, By Product Type
     • Market Snippet, By Surgery
     • Market Snippet, By Region
   • 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. Spinal Fusion Devices Market, By Product Type
   • Overview
     • Market Value and Forecast (US$ Bn), and Share Analysis (%), 2022 – 2032
     • Y-o-Y Growth Analysis (%), 2022 – 2032
     • Segment Trends
   • Cervical Fusion Device
     • Overview
     • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
   • Thoracolumbar Device
     • Overview
     • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
   • Interbody Fusion Device
     • Overview
     • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
6. Spinal Fusion Devices Market, By Surgery
   • Overview
     • Market Value and Forecast (US$ Bn), and Share Analysis (%), 2022 – 2032
     • Y-o-Y Growth Analysis (%), 2022 – 2032
     • Segment Trends
   • Open Spine Surgery
     • Overview
     • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
   • Minimally Invasive Spine Surgery
     • Overview
     • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
7. Spinal Fusion Devices Market, By Region, 2022 – 2032, (US$ Bn)
   • Overview
     • Market Value and Forecast (US$ Bn), and Share Analysis (%), 2022 – 2032
     • Y-o-Y Growth Analysis (%), 2022 – 2032
     • Regional Trends
   • North America
     • Market Size and Forecast (US$ Bn), By Product Type, 2022 – 2032
     • Market Size and Forecast (US$ Bn), By Surgery, 2022 – 2032
     • Market Size and Forecast (US$ Bn), By Country, 2022 – 2032
       • U.S.
       • Canada
   • Europe
     • Market Size and Forecast (US$ Bn), By Product Type, 2022 – 2032
     • Market Size and Forecast (US$ Bn), By Surgery, 2022 – 2032
     • Market Size and Forecast (US$ Bn), By Country, 2022 – 2032
       • UK
       • France
       • Germany
       • Russia
       • Italy
       • Rest of Europe
   • Asia Pacific
     • Market Size and Forecast (US$ Bn), By Product Type, 2022 – 2032
     • Market Size and Forecast (US$ Bn), By Surgery, 2022 – 2032
     • Market Size and Forecast (US$ Bn), By Country, 2022 – 2032
       • India
       • Japan
       • South Korea
       • China
       • Rest of Asia Pacific
   • Latin America
     • Market Size and Forecast (US$ Bn), By Product Type, 2022 – 2032
     • Market Size and Forecast (US$ Bn), By Surgery, 2022 – 2032
     • Market Size and Forecast (US$ Bn), By Country, 2022 – 2032
       • Brazil
       • Mexico
       • Rest of Latin America
   • Middle East & Africa
     • Market Size and Forecast (US$ Bn), By Product Type, 2022 – 2032
     • Market Size and Forecast (US$ Bn), By Surgery, 2022 – 2032
     • Market Size and Forecast (US$ Bn), By Country, 2022 – 2032
       • GCC
       • Israel
       • South Africa
       • Rest of Middle East
8. Competitive Landscape
   • Heat Map Analysis
   • Market Presence and Specificity Analysis
9. Company Profiles

• Medtronic plc.
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Zimmer Biomet
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Depuy Synthes
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Globus Medical, Inc.
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• B. Braun
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Captiva Spine
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Spinal Elements, Inc.
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Xtant Medical Holdings, Inc.
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• RTI Surgical, Inc.
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• NuVasive Inc.
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies

1. The Last Word
   • Future Impact
   • About Us
   • Contact