Global Thoracolumbar Spine Devices Market 2018-2022

Global thoracolumbar spine devices market forecast

Traditional open surgical techniques require an extended hospital stay and are more painful. This is resulting in an increased preference for minimally invasive (MI) techniques among healthcare providers, governments, patients, and other key stakeholders. The shift from traditional open surgeries to MI techniques has increased the patient satisfaction as it requires a shorter hospital stay. This, in turn, is encouraging the spine surgeon to simplify the surgical procedures by adopting medical devices such as thoracolumbar spine devices. Research analysis on the global thoracolumbar spine devices market identifies the increasing demand for minimally invasive spine surgery to be one of the major factors that will have a positive impact on the thoracolumbar spine devices market size. MIS using thoracolumbar spine devices prevents post-operative complications such as spinal cord pain, blood clots, fatigue, muscle atrophy, and infections. According to the thoracolumbar spine devices market analysis, our market research analysts predict that this global market will post a revenue of more than USD 4.2 billion by 2022.

In terms of geography, the Americas accounted for the majority thoracolumbar spine devices market size during 2017 due to the rising incidence of spinal disorders such as a herniated disc in neck, DDD, and spondylolisthesis. It has been estimated that the market will witness growth in the region throughout the estimated period due to the growing demand for thoracolumbar spine devices to treat prolapsed intervertebral disc, spinal stenosis, and osteoarthritis in the region.

Companies covered

According to the thoracolumbar spine devices industry analysis, this market appears to be highly concentrated. This industry research report offers information about the competitive environment among players in this market space and offers an analysis of key companies and their products. Additionally, our analysts also offer information about key areas the players currently focus on and strategies they follow to sustain the competition.

This research report provides an analysis of various companies in the thoracolumbar stabilization devices market including

• DePuy Synthes
• Globus Medical
• Medtronic
• NuVasive
• Stryker
• Zimmer Biomet

Segmentation by product and analysis of the thoracolumbar spine devices market

• Implants and instrumentation
• Spine biologics

The thoracolumbar spine devices market is experiencing growth in the implants and instrumentation segment due to the growing aging population that is prone to several spine diseases. The increasing prevalence of spine diseases, technological advances, and favorable reimbursement scenarios will further boost the growth prospects for the thoracolumbar stabilization devices market in this segment for the next four years.

Segmentation by end-user and analysis of the thoracolumbar spine devices market

• Hospitals
• ASCs

The high inflow of patients to hospitals in need of spine surgeries is positively influencing the thoracolumbar stabilization devices market in terms of growth in the hospitals segment. The number of treatments offered for spine disorders such as fractures, DDD, spinal stenosis, disc herniation, scoliosis is increasing in hospitals because they procure thoracolumbar spinal implants, instrumentation, and biologics.

Key questions answered in the report include

• What will the market size and the growth rate be in 2022?
• What are the key factors driving the global thoracolumbar spine devices market?
• What are the key market trends impacting the growth of the global thoracolumbar spine devices market?
• What are the challenges to market growth?
• Who are the key vendors in the global thoracolumbar spine devices market?
• What are the market opportunities and threats faced by the vendors in the global thoracolumbar spine devices market?
• What are the 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 thoracolumbar spine devices market?

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