Spinal Devices Market Size, Future Trends, Growth Key Factors

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The global spinal devices market size was valued at USD 11.59 Billion in 2018 and is projected to reach USD 15.74 Billion by 2026, exhibiting a CAGR of 3.9% during the forecast period.

The report on Spinal Devices Market is a comprehensive study and presentation of drivers, restraints, opportunities, demand factors, market size, forecasts, and trends. The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. According to an Spinal Devices Market report, which summarizes the key aspects of the market, as well as the leading key players, leading regions, and key applications.

The global spinal devices market size was valued at USD 11.59 Billion in 2018 and is projected to reach USD 15.74 Billion by 2026, exhibiting a CAGR of 3.9% during the forecast period.

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Report on Spinal Devices Market provides insights on the factors restraining market growth, which provide valuable information for strategic planning. The analysis of these factors is crucial in identifying market growth opportunities.

Drivers Restraints

The rising prevalence of spinal diseases worldwide has also resulted in a drastic increase in the number of spinal surgeries. This, in turn, is driving the demand for spinal devices. Spine surgeries are mainly performed for the treatment of degenerative disc disease and correction of birth deformities. Moreover, the growing cases of spinal fractures are expected to augment the market in the forecast period.The gradual shift and rising demand for minimally invasive spinal surgeries, rapid adoption of biologics in spinal fusion, and a significant rise in the number of cervical and lumbar disc replacement surgeries are anticipated to further fuel the market during the forecast period.

Key players covered in the global Spinal Devices Market research report:

  • Medtronic
  • Stryker
  • Zimmer Biomet
  • DePuy Synthes (Johnson Johnson Services, Inc.)
  • NuVasive, Inc
  • Globus Medical
  • RTI Surgical Holdings, Inc.
  • Aesculap, Inc. (B. Braun Melsungen AG)
  • Alphatec Spine, Inc.

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