The Europe Spinal Implants market is estimated at USD 2.4 billion in 2016 and is projected to reach USD 3.8 billion by 2024, at a CAGR of 5.7% during the forecast to 2024.
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Key market Players: The Europe spinal implants market report contains an in-depth profiling of the key market players, along with the recent developments (New product launches, partnerships, agreements, collaborations, and joint ventures) and strategies adopted by them to sustain and strengthen their positions in the market.
Some of the major companies operating in the spinal implants market are Zimmer Inc., DepuySynthes Companies, Stryker, Benvenue Medical, CareFusion Corporation, Medtronic, Alphatec Spine, Inc., NuVasive Inc., Integra Lifesciences Holdings Corporation, Orthofix International N.V., Globus Medical Inc., LDR Holding Corporation, K2M Inc., and B. Braun Melsungen.
Europe Spinal Implants Market, By Product Type, Thoraco-Lumbar Fusion, Non-Fusion Implant Devices ,VCF Treatment Devices, By End-User, By Country (Germany, France, U.K., Spain, Italy, Russia, Netherlands, Turkey, Belgium, Switzerland, Rest of Europe) – Trends and Forecast to 2024
Table of Contents
2. Market Segmentation
3. Market Overview
4. Executive Summary
5. Premium Insights
6. Global, By Component
7. Product Type
9. Industry Type
10.2. North America
10.5. South America
10.6. Middle East & Africa
11. Company Landscape
12. Company Profiles
13. Related Reports
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Spinal implants are segmented by product type, into spinal fusion, vertebral compression fracture treatment devices and spinal non-fusion, wherein spinal fusion, which fuses vertebrae together to treat back pain and is commonly done in the lumbar region of the lower back, is by far the most common spine procedure. In 2015, the spinal fusion segment dominates the market followed by the non-fusion segment.
The spinal fusion segment is divided into cervical fusion and thoraco-lumbar fusion. In the spinal fusion segment, thoraco-lumbar fusion is expected to grow at a highest CAGR during the given forecast period of 2016 to 2022. The thoraco-lumbar fusion devices into product type anterior thoraco-lumbar fusion devices, posterior thoraco-lumbar fusion devices and interbody thoraco-lumbar fusion devices.
The spinal non-fusion devices market is segmented on the basis of product types into dynamic stabilization devices, artificial discs, annulus repair devices and nuclear disc prosthesis. Spinal non-fusion products, such as dynamic stabilization devices (or motion preservation devices) have become the treatment of choice (especially for young patients. The dynamic stabilization devices are sub-segmented into product types such as interspinous decompression spacers, pedicle screw systems and facet replacement implants. The artificial discs are of two types artificial cervical discs and artificial lumbar discs.
The vertebral compression fracture (VCF) treatment devices are further segmented into two product type balloon kyphoplasty devices and verteboplasty devices. VCF’s are generally treated with vertebral augmentation. Based on market forecasting, spine radiologists are expected to dominate the VCF procedure market, also primary care providers is expected to serve the majority of the patients with osteoporosis and tumors in vertebrae.
The Europe spinal implants market is also segmented based on procedure type into open surgery and minimally invasive surgeries. On the basis procedure type the market is segmented into major procedures such as discectomy, laminectomy, foraminectomy, facetectomy, corpectomy among others.
Based on country the nerve regeneration and repair market is segmented into 11 countries, Germany, France, U.K., Spain, Italy, Russia, Netherlands, Turkey, Belgium, Switzerland and rest of Europe. In the European region Germany has the largest market share due to its technological advancements, government regulations, rise in population of aged people, and improved healthcare infrastructure. The German spinal implants market is followed by the France, U.K, Italy and Spain. Germany is expected to witness a high growth rate in the spinal implants market in the next few years due to the rise in the patient base, increasing healthcare expenditure, and growing awareness regarding the availability of various orthopedic devices for cervical and lumbar treatments along with non-fusion products in this region.
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