DelveInsight’s Spinal Non-Fusion Devices Market Insights and Forecast report provides the current and forecast Spinal Non-Fusion Devices Market, upcoming innovation in the devices, individual market shares, challenges, drivers, and barriers, market growth trends, and key competitors in the Spinal Non-Fusion Devices Market.
Some of the salient features from the Spinal Non-Fusion Devices Market report:
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Spinal Non-Fusion Devices Overview
Spinal Non-Fusion Devices are medical devices that are employed in the correction of anatomical surgical defects of the spine using a non-fusion approach. Spinal Non-Fusion Devices are used by surgeons during surgery for treatment of deformity, stabilization, and strengthening of the spine and for promoting fusion. In general, spinal surgery devices are categorized into fusion and non-fusion devices. The major difference between both types of devices is that fusion devices are combined with bone graft and non-fusion devices are used without bone graft. The devices replace pro-inflammatory tissues, repair the spinal alignment and decompress neural elements while maintaining functional movements. The devices are inserted into the patient’s body without fusion in the human body and help in the stability and movement of patients after the surgery. Some examples of Spinal Non-Fusion Devices are growth sparing devices and artificial discs.
Spinal Non-Fusion Devices Market Insight
Geographically, the global Spinal Non-Fusion Devices market is studied for North America, Europe, Asia-Pacific, and the Rest of the World. In terms of revenue share North America currently leads the global market and is expected that it will remain constant during the forecast period. This domination is owing to the growing demand because of the high prevalence of spinal injuries, rising population of people suffering from spinal disorders such as degenerative disc diseases, lower back pain, and leg pain, rising product launch, and well-established reimbursement scenario for Spinal Non-Fusion Devices in the region among other factors in the region.
Furthermore, the prompt and well-established healthcare services and infrastructure contributes to the growth of the regional spinal fusion devices market growth. Moreover, the presence of key players in the region and supportive reimbursement programs further provide immense growth opportunities for the Spinal Non-Fusion Devices market. For instance, on April 01, 2020, OrthoPediatrics Corp. announces the acquisition of ApiFix Ltd. with FDA- approved non-fusion scoliosis technology.
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Spinal Non-Fusion Devices Market Dynamics
The Spinal Non-Fusion Devices market is witnessing a growth in product demand due to various reasons, one of them being the rising prevalence of spinal disorders. The demand for Spinal Non-Fusion Devices is primarily being boosted by the growing geriatric population base, Spinal Non-Fusion Devices advantages over spinal-fusion devices, and technical innovation in product development. Therefore, the constant technological advancements coupled with added advantages and product versatility of dynamic stabilization devices among other product types are expected to propel the growth of the Spinal Non-Fusion Devices market. Additionally, the rising geriatric population in the region has a higher susceptibility to spinal cord disorders such as degenerative disc diseases and others, along with rising healthcare costs, improving healthcare infrastructure population, and growing healthcare expenditure are further projected to augment the Spinal Non-Fusion Devices market in the region.
The COVID-19 pandemic had a profound impact on elective and non-urgent surgeries across the countries. The demand for Spinal Non-Fusion Devices is primarily affected by the outbreak of the COVID-19 pandemic. The government imposed lockdowns to curb the spread of the virus leading to restrictions in movement and a decrease in regular check-ups. Owing to the COVID-19 pandemic situation, various forms of elective procedures were temporarily stopped in contrast to the COVID-19 affected patients that were given utmost priority. This led to a decrease in the requirement of surgery serving as an obstacle in the Spinal Non-Fusion Devices market.
To gain a better understanding of the COVID-19 impact on Spinal Non-Fusion Devices, get a snapshot of the COVID-19 Impact On Spinal Non-Fusion Devices
Scope of the Spinal Non-Fusion Devices Market Report
Table of Contents
1
Spinal Non-Fusion Devices Market Report Introduction
2
Spinal Non-Fusion Devices Market Executive summary
3
Spinal Non-Fusion Devices Market Regulatory and Patent Analysis
4
Spinal Non-Fusion Devices Market Key Factors Analysis
5
Spinal Non-Fusion Devices Porter’s Five Forces Analysis
6
COVID-19 Impact Analysis on Spinal Non-Fusion Devices Market
7
Spinal Non-Fusion Devices Market Layout
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Spinal Non-Fusion Devices Market Global Company Share Analysis – Key 3-5 Companies
9
Spinal Non-Fusion Devices Market Company and Product Profiles
9.1 Stryker
9.2 NuVasive Inc
9.3 Medtronic
9.4 Zimmer Biomet
9.5 ATEC Spine, Inc
9.6 B. Braun Melsungen
9.7 SIGNUS Medizintechnik GmbH
9.8 Aditus Medical, and others
10
Project Approach
11
KOL Views
12
DelveInsight Capabilities
13
Disclaimer
14
About DelveInsight
DelveInsight is a leading Life Science market research and business consulting company recognized for its off-the-shelf syndicated market research reports and customized solutions to firms in the healthcare sector.
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