Monday, 22 September 2014

Worldwide Spinal Implants Industry Segments Growth: Spinal Fusion Implants and Spinal Non-fusion Implants

Spinal implants are devices that help preserve and restore the functions of the spine by managing spinal disorders. Spinal disorders can be degenerative, deformities, trauma, and tumors. Some of the spinal disorders are spondylolisthesis, scoliosis, disc herniation, and spinal stenosis. Spinal implants are composed of metals such as titanium, titanium-alloy, and stainless steel or bioabsorbable materials. These implants are designed in different shapes and sizes as per the requirement in patients of all age groups.
Analysts forecast the Global Spinal Implants market to grow at a CAGR of 5.50 percent over the period 2013-2018.
The report recognizes the following companies as the key players in the Global Spinal Implants Market: DePuy Synthes, Medtronic Inc., NuVasive Inc., Stryker Corp. and Zimmer Holdings Inc.
Other Prominent Vendors in the market are: Aesculap Implant Systems, Alphatec Spine, Amedica, Biomet, Exactech, Globus Medical, LDR Holding, NuTech Medical, Orthofix International and RTI Surgical.
One key trend emerging in the market is rise in spinal non-fusion procedure volume. Spinal non-fusion implants help preserve mobility and alleviate severe back pain and are gaining popularity among the young adult patient population.
Covered in this Report
This report covers the present scenario and the growth prospects of the Global Spinal Implants market for the period 2014-2018. In terms of product, the Global Spinal Implants market is segmented into two: Spinal Fusion Implants and Spinal Non-fusion Implants.
Global Spinal Implants Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the APAC and EMEA regions; it also covers the Global Spinal Implants market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.
According to the report, one of the main drivers of this market is the growing aging population. The increasing prevalence of spinal disorders such as spondylolisthesis, degenerative scoliosis, and spinal stenosis in older people has increased the demand for spinal implants.
Further, the report states that one of the major challenges in the market is the potential complications associated with spinal fusion implant procedures. Complications associated with spinal fusion implant procedures include implant migration, delayed union, pseudarthrosis and transitional syndrome
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