MarkNtel Advisors, a leading market research and consulting firm, has announced the release of its latest study titled Spinal Implants Market Research Report: Forecast (2024–2030). This report provides a detailed assessment of the Spinal Implants, covering its evolving dynamics, emerging trends, key growth drivers, major challenges, and competitive landscape.
Designed to guide investors, stakeholders, and business leaders, the research aims to deliver valuable insights for strategic planning, risk assessment, and investment decision-making in the years ahead.
Market Timeline Overview
- Historical Years: 2019–22
- Base Year: 2023
- Forecast Years: 2024–30
This helps businesses identify emerging opportunities, assess market risks, and develop data-driven strategies for long-term success.
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Spinal Implants Market Outlook
The Global Spinal Implants Market size was valued at USD 10.6 billion in 2023 and is estimated to grow at a CAGR of around 6.1% during the forecast period, i.e., 2024-30. The market expansion is attributed to several factors, such as the surge in sports injuries, increasing technological advancements, etc. The United Nations mentioned in 2023 that, globally, every year road traffic crashes cause around 20 to 50 million non-fatal injuries. Such road traffic accidents largely responsible for spinal and other injuries have propelled the demand for spinal implants.
Spinal Implants Market Drivers:
Rising Prevalence of Spinal Disorders to Elevate the Demand Graph – Driven by age & degenerative causes such as osteoarthritis, injuries, etc., the prevalence of various spinal disorders, such as spinal stenosis, spondylolisthesis, and degenerative disc disease, has increased. This has resulted in increased adoption of spinal implants and has accelerated the growth of the Global Spinal Implants Market. Further, the incidence of low back pain (LBP) is increasing across the world. For instance, as per the World Health Organisation (WHO), it is estimated that the number of cases of low back pain (LBP) would increase to 843 million by 2050, up from 619 million in 2020, pushed largely by population expansion & aging.
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Spinal Implants Market Trends:
Growing Preference for Minimally Invasive Spinal Implants – The preference for minimally invasive spinal implants is increasing and this comes as a significant trend in the Global Spinal Implants Market. The minimally invasive spinal implants treat spinal conditions with less disruption to surrounding tissues compared to traditional implants. They offer advantages such as reduced trauma, reduced blood loss, reduced risk of surgical complications, reduced risk of infection, reduced scarring, reduced recovery time, and reduced pain and need for medication, which increases their acceptance among the patients and the healthcare professionals.
Spinal Implants Market Segmentation
The study categorizes the Spinal Implants into various segments and sub-segments, each analyzed for its size, growth potential, and contribution to the overall industry.
By Product
- Thoracic & Lumbar Fusion Devices- Market Size & Forecast 2019-2030, USD Million
- Posterior Thoracic & Lumbar Fusion Devices - Market Size & Forecast 2019-2030, USD Million
- Interbody Thoracic & Lumbar Fusion Devices- Market Size & Forecast 2019-2030, USD Million
- Anterior Thoracic & Lumbar Fusion Devices- Market Size & Forecast 2019-2030, USD Million
- Cervical Fusion Devices- Market Size & Forecast 2019-2030, USD Million
- Anterior Cervical Fusion Devices- Market Size & Forecast 2019-2030, USD Million
- Posterior Cervical Fusion Devices- Market Size & Forecast 2019-2030, USD Million
- Spine Biologics- Market Size & Forecast 2019-2030, USD Million
- Demineralized Bone Matrix- Market Size & Forecast 2019-2030, USD Million
- Bone Morphogenetic Proteins- Market Size & Forecast 2019-2030, USD Million
- Bone Substitutes- Market Size & Forecast 2019-2030, USD Million
- Machined Bones- Market Size & Forecast 2019-2030, USD Million
- Cell-based Matrices- Market Size & Forecast 2019-2030, USD Million
- Allograft Bone- Market Size & Forecast 2019-2030, USD Million
- VCF Treatment Devices- Market Size & Forecast 2019-2030, USD Million
- Balloon Kyphoplasty Devices- Market Size & Forecast 2019-2030, USD Million
- Vertebroplasty Devices- Market Size & Forecast 2019-2030, USD Million
- Spinal Decompression Devices- Market Size & Forecast 2019-2030, USD Million
- Discectomy- Market Size & Forecast 2019-2030, USD Million
- Laminoplasty, Laminectomy, and Laminotomy- Market Size & Forecast 2019-2030, USD Million
- Foraminotomy & Foraminectomy- Market Size & Forecast 2019-2030, USD Million
- Facetectomy- Market Size & Forecast 2019-2030, USD Million
- Corpectomy- Market Size & Forecast 2019-2030, USD Million
- Non-fusion Devices- Market Size & Forecast 2019-2030, USD Million
- Dynamic Stabilization Devices- Market Size & Forecast 2019-2030, USD Million
- Artificial Discs- Market Size & Forecast 2019-2030, USD Million
- Annulus Repair Devices- Market Size & Forecast 2019-2030, USD Million
- Nuclear Disc Prostheses- Market Size & Forecast 2019-2030, USD Million
- Spine Bone Stimulators- Market Size & Forecast 2019-2030, USD Million
- Non-invasive Spine Bone Stimulators- Market Size & Forecast 2019-2030, USD Million
- Invasive Spine Bone Stimulators- Market Size & Forecast 2019-2030, USD Million
By Application
- Spinal Fusion & Fixation- Market Size & Forecast 2019-2030, USD Million
- VCF Treatment- Market Size & Forecast 2019-2030, USD Million
- Motion Preservation/Non-fusion- Market Size & Forecast 2019-2030, USD Million
- Spinal Decompression- Market Size & Forecast 2019-2030, USD Million
By Type of Surgery
- Open Surgery- Market Size & Forecast 2019-2030, USD Million
- Minimally Invasive Surgery- Market Size & Forecast 2019-2030, USD Million
By End User
- Hospitals- Market Size & Forecast 2019-2030, USD Million
- Specialty Clinics- Market Size & Forecast 2019-2030, USD Million
- Others (Ambulatory Surgical Centers, Research Organisations, etc.)
Geographical Analysis
The report presents detailed insights into the market’s geographical expansion, highlighting key trends and opportunities across the following geographies:
By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific.
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Leading Companies in Spinal Implants Market Worldwide: Players, Analysis & Future Outlook
- Medtronic Plc
- Johnson & Johnson Medtech
- Nuvasive, Inc.
- Stryker Corporation
- Globus Medical, Inc.,
- Zimmer Biomet Holdings, Inc.
- Orthofix International N.V
- Ulrich Gmbh & Co. Kg
- Braun Melsungen Ag
- Integra Lifesciences Holdings Corporation
- Boston Scientific Corporation
- Abbott Laboratories
- Spineart, Centinel Spine Llc
- Premia Spine
Key Highlights of the Report
- Comprehensive Market Overview: In-depth analysis of market size, share, and forecasts from 2024 to 2030.
- Growth Drivers & Challenges: Clear insights into factors feeling or restraining market expansion.
- Investment & Regulatory Insights: Evaluation of key policies, funding trends, and collaborations influencing industry performance.
- Competitive Landscape: Detailed profiles of leading companies, including product portfolios, business strategies, financials, and recent developments such as mergers & acquisitions.
Analytical Tools: Application of SWOT Analysis, PESTEL Analysis, and Porter’s Five Forces Model to assess competition and external influences
Browse through our flexible pricing plans and choose the package that best fits your business needs whether you require a single-user license, corporate access, or customized insights. Once you select the plan that suits your requirements, you can purchase and instantly access the full report online – https://www.marknteladvisors.com/pricing/spinal-implants-market.html
Frequently Asked Questions (FAQ)
- What is the projected growth rate of the Spinal Implants?
2. What are the major factors driving this market’s growth?
3. Which regions are expected to lead the Spinal Implants?
4. Who are the prominent players in the Spinal Implants?
5. How is the competition structured in this market?
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About Us
MarkNtel Advisors is a globally recognized market research and consulting firm delivering intelligence across the healthcare industry, spanning pharmaceuticals, medical devices, healthcare IT, and biotechnology. Our analysts combine domain expertise with innovation tracking to help healthcare organizations improve efficiency and patient outcomes. Through Consulting Services, we assist clients in interpreting insights, designing go-to-market strategies, and adapting to regulatory changes, fostering sustainable growth in the evolving global healthcare ecosystem.
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