DUBLIN, Dec 5, 2016 /PRNewswire/ --
Research and Markets has announced the addition of the "Spinal Implants and Surgical Devices Market - Global Forecast to 2021" report to their offering.
The global spinal implants and surgical devices market is estimated to reach 17.27 billion by 2021, at a CAGR of 5.3% from 2016 to 2021. Factors such as the presence of a large patient population, growing number of obesity cases, increasing government spending on healthcare, and rising income levels are propelling the growth of the spinal implants and surgical devices market in the Asia-Pacific region.
The growth of the global spinal implants and surgical devices market is driven by factors such as technological advancements in spine surgery devices, growing demand for minimally invasive spine surgeries, and increasing aging and obese population with increasing number of spine deformities. In addition, emerging Asian and Latin American nations and growing number of hospitals and surgical centers are offering new growth opportunities for the spinal implants and device manufacturers. Nonetheless, the stringent product approval process, high cost of treatment procedures, uncertainty in reimbursement, and lack of adequate physician and patient awareness/education are the key reasons hampering the growth of the spinal implants and surgical devices market.
Geographically, North America is estimated to command the largest share of the global spinal implants and surgical devices market in 2016, followed by Europe. The large market share of the North American region is attributed to the high adoption rate of newly developed treatment technologies and the well-established healthcare infrastructure and reimbursement system in this region.
- Alphatec Spine Inc.
- Depuy Synthes (A Subsidiary of Johnson & Johnson)
- Globus Medical, Inc.
- K2M Group Holdings, Inc.
- Medtronic PLC
- Nuvasive, Inc.
- Orthofix International N.V.
- RTI Surgical, Inc.
- Stryker Corporation
- Zimmer Biomet Holdings, Inc.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Spinal Implants Market, By Technology
8 Spinal Implants Market, By Product
9 Spinal Implants Market, By Type of Surgery
10 Spinal Implants Market, By Region
11 Competitive Landscape
12 Company Profiles
For more information about this report visit http://www.researchandmarkets.com/research/9kl7jd/spinal_implants
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SOURCE Research and Markets