Motion Preservation Devices Market by Product (Dynamic Stabilization Devices, Artificial Disc Replacement Device, Annulus Repair Devices, and Nucleus Disc Prosthesis Devices) and Surgery (Open Spine Surgery and Minimally Invasive Spine Surgery) - Global Opportunity Analysis and Industry Forecast, 2014-2022
Spine-related disorders and deformities are treated using motion preservation devices. Disorders such as spinal stenosis and lumbar degenerative spondylolisthesis are caused due to the degeneration of intervertebral disc, deformity, tumors, and trauma. Implant systems equipped with specially designed spinal instrumentation such as plates, rods, and screws, which are used for fusion, correct deformities, and stabilize & strengthen the spine, are used in motion preservation surgical procedures.
The motion preservation devices market generated $920 million in 2015, and is projected to reach $1,902 million by 2022, registering a CAGR of 10.9% from 2016 to 2022. The market is driven by factors such as increase in geriatric population, rise in incidence of spinal disorders, and growth in patient awareness about advances in spinal surgeries, such as artificial disc replacement. However, unfavorable reimbursement scenario and stringent regulatory approval procedure hamper the market growth.
The report segments the motion preservation devices market based on product type, surgery, and region. According to the product type, it is segmented into dynamic stabilization devices, artificial disc replacement devices, annulus repair devices, and nuclear disc prostheses devices.
Based on the type of surgery, the market is segmented into open spine surgery and minimally invasive spine surgery. The market is analyzed based on four regions, namely North America, Europe, Asia-Pacific, and LAMEA.
The key market players have adopted product development strategies such as product launches, approvals, and clinical trials. For instance, in September 2012, Globus Medical, Inc. received FDA approval for SECURE-C Artificial Cervical Disc, which is used to replace the diseased cervical disc causing arm pain and/or weakness or numbness.
KEY BENEFITS FOR STAKEHOLDERS This report offers an extensive analysis of the current trends and emerging estimations of the global motion preservation market for the period of 2014–2022 to identify the prevailing opportunities.
Comprehensive analysis of geographical regions is provided along with the factors that drive and restrict the market growth.
Quantitative analysis of the market for the period of 2014–2022 is provided to understand the financial scenario.
The regional and country-level analyses of the market are provided in the report.
MOTION PRESERVATION DEVICES MARKET KEY SEGMENTS
By Product Type Motion Preservation Devices
Dynamic Stabilization Devices
Interspinous Process Spacers
Pedicle Screw-based Systems
Facet Replacement Products
Artificial Cervical Discs
Artificial Lumbar Discs
Annulus Repair Devices
Nuclear Disc Prostheses
By Surgery Open Spine Surgery
Minimally Invasive Spine Surgery
By Region North America
Rest of Europe
Rest of Asia-Pacific
Rest of LAMEA
Key Market Players Aurora Spine Corporation
B. Braun Melsungen AG
Depuy Synthes (Johnson & Johnson)
Globus Medical, Inc.
RTI Surgical, Inc.
Spinal Kinetics, Inc.
Ulrich GmbH & Co. KG
Zimmer Biomet Holdings, Inc.
Our reports have been used by over 10K customers, including:
175 pages •
By The Business Research Company
• Apr 2021
Major players in the arthroscopy devices and equipment market are Arthrex, Inc., Smith & Nephew, ConMed Corporation, Stryker and Medtronic. The global arthroscopy devices and equipment market is expected to grow from $2.25 billion in 2020 to $2.52 billion in 2021 at a compound annual growth rate (CAGR) of 12%. The growth is mainly due...
The global bone graft and substitutes market is expected to exhibit moderate growth during 2021-2026. Bone graft and substitutes are utilized for replacing missing bones or repairing bone fractures. They comprise an osteoconductive matrix that acts as a filler to promote wound healing; osteoinductive proteins which...
108 pages •
By Global Industry Analysts
• Apr 2021
- Global 3D Printed Surgical Models Market to Reach $1.1 Billion by 2027
- Amid the COVID-19 crisis, the global market for 3D Printed Surgical Models estimated at US$590.4 Million in the year 2020, is projected to reach a revised size of US$1.1 Billion by 2027, growing at a CAGR of 8.9% over the analysis...
2021 Orthopedics Market Analysis, Global Forecasts, Competitive Landscape--Accelerated Rate of Change and Regulatory Uncertainty--Performance, Capabilities, Goals and Strategies of Leading Suppliers
I. Top 10 Orthopedic Companies
Aesculap, Arthrex, DePuy Synthes, Globus Medical, Medtronic,...
The global craniomaxillofacial (CMF) devices market exhibited strong growth during 2015-2020. Looking forward, the analyst expects the market to grow at a CAGR of 8.7% during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence...
What’s Ahead for the Orthopedics Industry?--Emerging Opportunities and Growth Strategies for Suppliers - Will the $50 billion global orthopedics industry consolidate, decentralize, or undergo a bimodal transformation? - How will the current trends affect the major market segments? - Which companies will enter...
The global minimally invasive surgery market reached a value of US$ 44.2 Billion in 2020. A minimally invasive surgery utilizes surgical techniques that limit the size and number of cuts or incisions during an operation with the help of small tools, cameras and lights. This procedure is much safer in nature as compared to traditional open...
Smoke Evacuation System Market by Product (Smoke Evacuators, Smoke Evacuation Pencils, Smoke Evacuation Filters, Smoke Evacuation Tubing and Smoke Evacuation Accessories), Application (Laparoscopic Surgeries, Orthopedic Surgeries, Medical Aesthetic Surgeries and Others), and End User (Hospitals, Ambulatory Surgery Centers, Cosmetic...