Global Spinal Surgery Devices and Equipment Market Report 2022 – Market Forecast, Trends And Strategies

14 Jun, 2022

The global spinal surgery devices and equipment market size is expected to grow from $6.97 billion in 2021 to $7.59 billion in 2022 at a compound annual growth rate (CAGR) of 9.0%. The global spinal surgery devices market size is expected to grow to $10.1 billion in 2026 at a CAGR of 7.4%.

What is the Global Spinal Surgery Devices and Equipment Market?

The spinal surgery devices and equipment market consist of sales of spinal surgery devices and equipment and related services.

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What drives the Global Spinal Surgery Devices and Equipment Market?

Elderly people are a major driving factor for the spinal surgery devices and equipment market as they are more prone to spinal complications. Spinal disorders majorly affect the geriatric population and result in spinal deformities and pain. As per UN estimates, the worldwide geriatric population will double by 2050 to reach an estimated value of more than 2.1 billion boosting the market growth in the future. An increasing trend in the aged populations worldwide will provide a lucrative growth to the spinal implants and devices.

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Global Spinal Surgery Devices and Equipment Market Segments
The global spinal surgery devices and equipment market is segmented:
By Product Type: Spine Biologics, Surgical Spinal Decompression, Vertebral Compression Fracture Treatment Products, Non-Fusion, Fusion
By Application: Hospitals, Ambulatory Service Centers, Orthopedic Centers
By Type of Surgery: Open Surgeries, Minimally Invasive Surgeries
By Geography: The regions covered in the spinal surgery devices and equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

Spinal Surgery Devices and Equipment Global Market Report 2022provides market size and growth forecasts for the global spinal surgery devices and equipment market, global spinal surgery devices and equipment market share, spinal surgery devices and equipment market segments and geographies, spinal surgery devices and equipment market competitive landscape including leading competitors’ revenues, profiles and market shares. The spinal surgery devices and equipment market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

Global Spinal Surgery Devices and Equipment Industry Playersinclude Zimmer Biomet, Stryker Corporation, Depuy Synthes, Medtronic, Globus Medical Inc., Alphatec Spine Inc., Nuvasive Inc., Orthofix International N.V, K2M Group Holdings Inc., and Titan Spine. Based on industry trends and company analysis, the report explains a number of strategies for companies in the market.