Global
thoracolumbar
spine devices market is expected to grow at a significant CAGR in the
upcoming period as the scope and its applications are rising enormously across
the globe. Thoracolumbar spine devices are the equipment used in spinal
stabilization in pathologies like degenerative spinal disc disease.
The
factors that are playing a major role in the growth of the market are
increasing spinal disorders like spinal stenosis, vertebral fracture, and
degenerative disc disease, sedentary lifestyle, rising use of enhanced
technology in R&D for the innovation of products, and government initiative
by providing affordable pricing policy. Thoracolumbar spine devices market is
segmented based on product type, device type, surgery, materials, procedure
type, end-user, and region.
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Spine
biologics, implants & instrumentation, and other product types could be
explored in thoracolumbar spine devices in the forecast period. The implants
& instrumentation sector accounted for the substantial market share of
thoracolumbar spine devices and is estimated to lead the overall market in the
years to come. The reason could be the growing occurrence of spine related
diseases, the growing aging population, favorable reimbursement policies, and
the use of enhanced technology.
Posterior
stabilization device, retractors, anterior stabilization device, and other
device types could be explored in thoracolumbar spine devices in the forecast
period. Based on surgery, minimally invasive surgery (MIS), open surgery, and
others could classify thoracolumbar spine devices in the forecast period. The
minimally invasive surgery (MIS) sector accounted for the substantial market
share of thoracolumbar spine devices and is estimated to lead the overall
market in the years to come. The reason could be short hospital stay and fast
recovery. Stainless steel, titanium, and the other materials could be explored
in thoracolumbar spine devices in the forecast period. Corpectomy, discectomy,
facetectomy, laminotomy, foraminotomy, and other procedure types could be
explored in thoracolumbar spine devices in the forecast period.
The
market may be categorized based on end-users like ambulatory surgical centers
(ASCs), specialty clinics, hospitals, and others that could be explored in
thoracolumbar spine devices in the forecast period. The hospital sector
accounted for the substantial market share of thoracolumbar spine devices and
is estimated to lead the overall market in the years to come. The reason could
be the high flow of patients and the positive influence of spine surgeries on
thoracolumbar stabilization devices. In addition, ASCs sector is estimated to
grow at the fastest pace in the years to come.
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Market Segment:
Geographically, this report is segmented
into several key Regions, with production, revenue (million USD), market share
and growth rate of Thoracolumbar Spine Devices in these regions, from 2013 to
2025 (forecast), covering
•
North America
•
Europe
•
China
•
Japan
•
Southeast Asia
•
India
Global Thoracolumbar Spine Devices
market competition by top manufacturers, with production, price, revenue
(value) and market share for each manufacturer; the top players including
•
Medtronic
•
Stryker
•
Zimmer Biomet
•
Aesculap Implant Systems
•
B.Braun Melsungen
•
DePuy Synthes
•
Globus Medical
•
Invibo
On the basis of product, this report
displays the production, revenue, price, market share and growth rate of each
type, primarily split into
•
Vertebral Body Replacement System
•
MACS TL/MACS II system
•
Spinal System
•
Spondylolisthesis Reduction Instrumentation (SRI)
•
Fracture Reduction Instrumentation (FRI)
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