Global Spinal Non-fusion Devices Market (2020 to 2025) - Growth, Trends, and Forecasts - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Spinal Non-fusion Devices Market - Growth, Trends, and Forecasts (2020 - 2025)" report has been added to ResearchAndMarkets.com's offering.

The spinal non-fusion devices market is anticipated to exhibit a significant market growth during the forecast period, as a result of increasing incidences of spinal disorders, like degenerative disc disease. Degenerative disc disease begins with the changes in the intervertebral discs, but it also affects other segments.

Companies Mentioned

• B Braun Melsungen
• Centinel Spine LLC
• Johnson & Johnson
• Medtronic PLC
• Pioneer Surgical Technologies
• Stryker Corporation
• Zimmer Holdings Inc.
• RTI Surgical Holdings Inc.
• NuVasive Inc.

Key Market Trends

Dynamic Stabilization Devices Segment Captured the Largest Market Share

The dynamic stabilization devices segment captured the largest market share in the market studied. These devices consist of pedicle screw-based systems, interspinous process spacers, and facet replacement products.

• The dominance of the segment can be attributed to the use of rigid spinal implants for fusion technologies. Additionally, the rising burden of spinal degenerative disorders plays a significant role in the segment's growth.
• Moreover, the technological advancements leading to change in the therapeutic procedures, such as biochemical improvements and adoption of BioFlex systems, are expected to propel the segment's growth.
• Lumbar disc herniation may lead to lower back pain and radicular leg pain. According to the Scoliosis and Spinal Disorders' journal in 2017, around 60% to 85% of the population experienced lower back pain. Non-fusion surgery can be used for the treatment of lumbar degenerative diseases. Hence, this factor is expected to fuel the dynamic stabilization devices segment in the market studied.

North America Dominated the Market Studied

North America holds the largest share of the market, owing to the significant growth factors, including increasing incidences of degenerative disc diseases, rising prevalence of geriatric population, rising government initiatives, and increased government product regulations with companies and hospitals.

• Recently, in 2020, Orthopediatrics Corporation acquired ApiFix Ltd, to include its FDA-approved non-fusion scoliosis technology.
• Europe also holds the second-largest market, as regulations governing the medical device sales are growing more stringent. Asia-Pacific, on the other hand, is expected to exhibit the fastest growth rate, over the forecast period.

Key Topics Covered:

1 INTRODUCTION

1.1 Study Deliverables

1.2 Study Assumptions

1.3 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS

4.1 Market Overview

4.2 Market Drivers

4.2.1 Increasing Cases of Degenerative Disc Disease (DDD)

4.2.2 Acceptance of Minimally Invasive Surgeries such as Disc Arthroscopy

4.2.3 Advantages over Spinal Fusion Surgeries

4.3 Market Restraints

4.3.1 Reimbursement Challenges

4.3.2 Availability of Alternatives

4.4 Porter's Five Forces Analysis

4.4.1 Threat of New Entrants

4.4.2 Bargaining Power of Buyers/Consumers

4.4.3 Bargaining Power of Suppliers

4.4.4 Threat of Substitute Products

4.4.5 Intensity of Competitive Rivalry

5 MARKET SEGMENTATION

5.1 By Product

5.1.1 Artificial Discs Replacement

5.1.2 Dynamic Stabilization Devices

5.1.3 Annulus Repair Devices

5.1.4 Nuclear Disc Prostheses

5.1.5 Other Products

5.2 By End User

5.2.1 Hospitals

5.2.2 Orthopedic Centers

5.2.3 Other End Users

5.3 Geography

5.3.1 North America

5.3.1.1 United States

5.3.1.2 Canada

5.3.1.3 Mexico

5.3.2 Europe

5.3.2.1 United Kingdom

5.3.2.2 Germany

5.3.2.3 France

5.3.2.4 Italy

5.3.2.5 Spain

5.3.2.6 Rest of Europe

5.3.3 Asia-Pacific

5.3.3.1 China

5.3.3.2 Japan

5.3.3.3 India

5.3.3.4 Australia

5.3.3.5 South Korea

5.3.3.6 Rest of Asia-Pacific

5.3.4 Middle-East and Africa

5.3.4.1 GCC

5.3.4.2 South Africa

5.3.4.3 Rest of Middle-East and Africa

5.3.5 South America

5.3.5.1 Brazil

5.3.5.2 Argentina

5.3.5.3 Rest of South America

6 COMPETITIVE LANDSCAPE

6.1 Company Profiles

6.1.1 B Braun Melsungen

6.1.2 Centinel Spine LLC

6.1.3 Johnson & Johnson

6.1.4 Medtronic PLC

6.1.5 Pioneer Surgical Technologies

6.1.6 Stryker Corporation

6.1.7 Zimmer Holdings Inc.

6.1.8 RTI Surgical Holdings Inc.

6.1.9 NuVasive Inc.

7 MARKET OPPORTUNITIES AND FUTURE TRENDS

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