Global Anterior Cervical Fixation Devices Market 2016-2020

Anterior cervical fixation devices market outlook

Spinal disorders such as spondylolisthesis, prolapsed intervertebral disc, and spinal stenosis are on the rise worldwide. This rise in cases of spinal disorders will increase the volume of spinal fusion surgeries. Rise in fusion rates has resulted in the high adoption of an anterior cervical plate to the anterior cervical discectomy and fusion (ACDF).

Anterior cervical discectomy and fusion surgery are mainly performed to remove degenerative or herniated disc in the neck. Minimally invasive (MI) spinal surgeries are the recent developments in the area of spine treatment. With the rising volume of these surgeries during the forecast period, the anterior cervical fixation devices market will also witness huge growth. Technavio’s market research analyst predicts the global anterior cervical fixation devices market to grow at a sluggish CAGR of around 2% by 2020.

Anterior cervical fixation devices market growth drivers

The spine fixation systems are rapidly growing where the vendors are focusing on new technologies and materials to advance the surgeries and implantation of the bone defects. Such technological developments have encouraged the use of materials that are compatible with the patient's physical strength, biocompatibility, and durability of the implant. The cervical fixation systems are selected on parameters such as mechanical, thermal or electrical conductivity, biocompatibility, water absorption, diffusion, and biostability of the patients. Additionally, the advancements in genetic engineering and orthopedic medicine have allowed the replacement of traditional orthopedic biomaterials in spine surgeries.

Anterior cervical fixation devices market growth: Competitive landscape and key vendors

This market is intense and diverse with the presence of many global and local players. The players are adopting several strategies to compete in the market and increase their shares. They are implementing outsourcing policies to save time in manufacturing devices, and are also investing more time in developing other types of spinal implants. With the growing outsourcing strategies, the dependence on contract manufacturers who develop products has increased considerably. The market is expected to witness the entry of new companies which will further increase the level of competition during the forecast period.

Leading vendors in the anterior cervical fixation devices market

• Globus Medical
• Johnson & Johnson
• Medtronic
• NuVasive
• Stryker
• Zimmer

Anterior cervical fixation devices market share based on product type

• Fixation systems
• Bone grafts

In 2015, the fixation systems dominated the anterior cervical fixation devices market and accounted for around 94% of the total market share. The market is primarily driven by an increased awareness and adoption of new fixation systems for the treatment of cervical spine disorders among the population. ACDF remains the standard treatment method for patients with degenerative disc disease (DDD).  The public awareness of anterior cervical discectomy fusion is rising. This has increased the number of MI surgeries, especially for anterior cervical fixation procedures for treating neck pain and has led to a sustained demand for innovative pedicle plates and screw fusion systems in the fixation process.

Anterior cervical fixation devices market size as per geographies

• Americas
• APAC
• EMEA

The Americas will continue its dominance in the anterior cervical fixation devices market during the forecast period and is likely to occupy more than 72% of the total market share by 2020. Factors such as rising incidences of spinal disorders and the presence of leading vendors are driving market growth in this region. Countries such as the US and Canada have advanced infrastructure-based medical facilities to adopt spinal fusion procedures. With the growing number of these surgeries, several vendors are offering anterior cervical fixation devices that are easy to use and insert. The growing acceptance of MI spine surgeries will spur the growth prospects for the market in the coming years.

 Key questions answered in the report include

• What will the market size and the growth rate be in 2020?
• What are the key factors driving the global anterior cervical fixation devices market?
• What are the key market trends impacting the growth of the global anterior cervical fixation devices market?
• What are the challenges to market growth?
• Who are the key vendors in the global anterior cervical fixation devices market?
• What are the market opportunities and threats faced by the vendors in the global anterior cervical fixation devices market?
• Trending factors influencing the market shares of the Americas, APAC, and EMEA.
• What are the key outcomes of the five forces analysis of the global anterior cervical fixation devices market?

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Related reports:

• Global Spinal Implants Market 2016-2020
• Global Cervical Artificial Discs Market 2016-2020
• Global Spine Biologics Market 2016-2020