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The Worldwide Spinal Implants & Surgery Devices Industry is Expected to Reach $20B by 2027-ResearchAndMarkets.com

September 23, 2022

DUBLIN–(BUSINESS WIRE)–The “Spinal Implants & Surgery Devices Market Research Report by Product Type, Type of Surgery, End User, Region – Global Forecast to 2027 – Cumulative Impact of COVID-19” report has been added to ResearchAndMarkets.com’s offering.

The Global Spinal Implants & Surgery Devices Market size was estimated at USD 11.19 billion in 2021, USD 12.30 billion in 2022, and is projected to grow at a CAGR 10.21% to reach USD 20.06 billion by 2027.

Competitive Strategic Window:

The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. It describes the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth during a forecast period.

FPNV Positioning Matrix:

The FPNV Positioning Matrix evaluates and categorizes the vendors in the Spinal Implants & Surgery Devices Market based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.

Market Share Analysis:

The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market. It provides the idea of its revenue generation into the overall market compared to other vendors in the space. It provides insights into how vendors are performing in terms of revenue generation and customer base compared to others. Knowing market share offers an idea of the size and competitiveness of the vendors for the base year. It reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.

The report provides insights on the following pointers:

1. Market Penetration: Provides comprehensive information on the market offered by the key players

2. Market Development: Provides in-depth information about lucrative emerging markets and analyze penetration across mature segments of the markets

3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments

4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players

5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:

1. What is the market size and forecast of the Global Spinal Implants & Surgery Devices Market?

2. What are the inhibiting factors and impact of COVID-19 shaping the Global Spinal Implants & Surgery Devices Market during the forecast period?

3. Which are the products/segments/applications/areas to invest in over the forecast period in the Global Spinal Implants & Surgery Devices Market?

4. What is the competitive strategic window for opportunities in the Global Spinal Implants & Surgery Devices Market?

5. What are the technology trends and regulatory frameworks in the Global Spinal Implants & Surgery Devices Market?

6. What is the market share of the leading vendors in the Global Spinal Implants & Surgery Devices Market?

7. What modes and strategic moves are considered suitable for entering the Global Spinal Implants & Surgery Devices Market?

Market Dynamics

Drivers

  • High Rate of the Geriatric Population Throughout the World and the Prevalence of Chronic Disorders
  • Increasing Government Investments Made to Improve Healthcare Infrastructure
  • Development of Easy-To-Use, Simple, Effective Spinal Implants & Surgery Devices with Advancements

Restraints

  • High Initial Cost and Possibility of Risk to Human Health in Case of the Implant or Device Failure

Opportunities

  • Ongoing Research to Innovate Smart and Active Implants That Can Stimulate, Monitor, and Steer Bone Growth
  • Significant Growth Opportunities in Emerging Economies

Challenges

  • Stringent Medical Regulations That Govern the Quality and Safety of the Healthcare Fabrics

Companies Mentioned

  • Abbott Laboratories
  • Axonics Modulation Technologies, Inc.
  • B. Braun Melsungen AG
  • Bioventus LLC
  • Boston Scientific Corporation
  • Colfax Corporation
  • DePuy Synthes
  • Globus Medical, Inc.
  • Implanet
  • Kuros Biosciences AG
  • Meditech Spine, LLC
  • Medtronic PLC
  • NuVasive, Inc.
  • Orthofix International N.V.
  • RTI Surgical, Inc.
  • SeaSpine Holdings Corporation
  • Spineart
  • Stryker Corporation
  • Synapse Biomedical Inc.
  • ulrich GmbH & Co. KG
  • Zimmer Biomet Holdings, Inc.

For more information about this report visit https://www.researchandmarkets.com/r/m2105v

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Chris J. Stewart

Chris currently serves as President and CEO of Surgio Health. Chris has close to 20 years of healthcare management experience, with an infinity to improve healthcare delivery through the development and implementation of innovative solutions that result in improved efficiencies, reduction of unnecessary financial & clinical variation, and help achieve better patient outcomes. Previously, Chris was assistant vice president and business unit leader for HPG/HCA. He has presented at numerous healthcare forums on topics that include disruptive innovation, physician engagement, shifting reimbursement models, cost per clinical episode and the future of supply chain delivery.

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