The North America Spinal Fusion Devices Market would witness Market growth of 3.2% CAGR during the forecast period (2022-2028).
Spine diseases, which range in severity from slight pain & loss of sensitivity to terrible pain and paralysis, are a major source of healthcare expenses around the world. Degenerative problems of the spine, deformity, tumours, and trauma are the most common causes of these disorders.
Degenerative disc disease (DDD) is a type of disorder that is caused by gradual disc damage and often results in disc herniation and chronic back or neck pain. It is most common in people with unhealthy or sedentary lifestyles in their 30s & 40s, and it affects a significant number of people in the various major Market s. Degenerative disc disease (DDD) is the most common surgical disorder badly affecting the spine, and it is caused by repeated pressures that occur as part of the natural aging process. The shock-absorbing intervertebral discs gradually weaken and narrow as DDD progresses. This disorder can affect any part of the spine, but it is most frequent in the cervical & lumbar areas. Osteoarthritis, herniated discs, spinal stenosis, and spondylolysis are a few of the disorders that can result from degenerative disc alterations.
The increasing employment of spine surgery in the United States has been well documented. The rise of the spinal surgery Market in the United States has been aided by technological advancements, elderly patients anticipating improved levels of function, & reimbursement mechanisms that encourage advanced fusion surgery. The annual incidence of spinal cord injury (SCI) in the United States is around 54 instances per one million individuals, or about 17,810 new SCI-related cases each year, And per the 2019 SCI Datasheet from the National Spinal Cord Injury Statistical Center. In the United States, there were lacs of people with spinal cord injuries in 2019. In addition, the American Chiropractic Association estimates that nearly 31 million people in the United States suffer from lower back pain at a certain age in 2018. Spinal problems resulting from obesity, sedentary lifestyle, sports, and accident-related injuries all contribute to an increase in the number of spinal non-fusion procedures.
The US Market dominated the North America Spinal Fusion Devices Market by Country 2021, and would continue to be a dominant Market till 2028; thereby, achieving a Market value of $2,367 million by 2028. The Canada Market is exhibiting a CAGR of 5.5% during (2022 - 2028). Additionally, The Mexico Market would witness a CAGR of 4.6% during (2022 - 2028).
Based on Surgery, the Market is segmented into Minimally Invasive Spine Surgery and Open Spine Surgery. Based on Type, the Market is segmented into Thoracolumbar Devices, Cervical Fixation Devices, and Interbody Fusion Devices. Based on End User, the Market is segmented into Hospitals, Specialty Clinics, and Others. Based on countries, the Market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Spinal Fusion Devices Market is Estimated to reach $9.7 Billion by 2028, at a CAGR of 4.6%
The Market research report covers the analysis of key stake holders of the Market . Key companies profiled in the report include Zimmer Biomet Holdings, Inc., Johnson & Johnson, Stryker Corporation, B. Braun Melsungen AG, Medtronic PLC, Alphatec Holdings Inc., Globus Medical, Inc., NuVasive, Inc., Orthofix Medical, Inc., and Exactech, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Surgery
- Minimally Invasive Spine Surgery
- Open Spine Surgery
By Type
- Thoracolumbar Devices
- Cervical Fixation Devices
- Interbody Fusion Devices
By End User
- Hospitals
- Specialty Clinics
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Zimmer Biomet Holdings, Inc.
- Johnson & Johnson
- Stryker Corporation
- B. Braun Melsungen AG
- Medtronic PLC
- Alphatec Holdings Inc.
- Globus Medical, Inc.
- NuVasive, Inc.
- Orthofix Medical, Inc.
- Exactech, Inc.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Spinal Fusion Devices Market, by Surgery
1.4.2 North America Spinal Fusion Devices Market, by Type
1.4.3 North America Spinal Fusion Devices Market, by End User
1.4.4 North America Spinal Fusion Devices Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Strategies deployed in Spinal Fusion Devices Market
Chapter 4. North America Spinal Fusion Devices Market by Surgery
4.1 North America Minimally Invasive Spine Surgery Market by Country
4.2 North America Open Spine Surgery Market by Country
Chapter 5. North America Spinal Fusion Devices Market by Type
5.1 North America Thoracolumbar Devices Market by Country
5.2 North America Cervical Fixation Devices Market by Country
5.3 North America Interbody Fusion Devices Market by Country
Chapter 6. North America Spinal Fusion Devices Market by End User
6.1 North America Hospitals Market by Country
6.2 North America Specialty Clinics Market by Country
6.3 North America Others Market by Country
Chapter 7. North America Spinal Fusion Devices Market by Country
7.1 US Spinal Fusion Devices Market
7.1.1 US Spinal Fusion Devices Market by Surgery
7.1.2 US Spinal Fusion Devices Market by Type
7.1.3 US Spinal Fusion Devices Market by End User
7.2 Canada Spinal Fusion Devices Market
7.2.1 Canada Spinal Fusion Devices Market by Surgery
7.2.2 Canada Spinal Fusion Devices Market by Type
7.2.3 Canada Spinal Fusion Devices Market by End User
7.3 Mexico Spinal Fusion Devices Market
7.3.1 Mexico Spinal Fusion Devices Market by Surgery
7.3.2 Mexico Spinal Fusion Devices Market by Type
7.3.3 Mexico Spinal Fusion Devices Market by End User
7.4 Rest of North America Spinal Fusion Devices Market
7.4.1 Rest of North America Spinal Fusion Devices Market by Surgery
7.4.2 Rest of North America Spinal Fusion Devices Market by Type
7.4.3 Rest of North America Spinal Fusion Devices Market by End User
Chapter 8. Company Profiles
8.1 Zimmer Biomet Holdings, Inc.
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental & Regional Analysis
8.1.4 Research & Development Expense
8.2 Johnson & Johnson
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental &Regional Analysis
8.2.4 Research & Development Expenses
8.2.5 Recent strategies and developments:
8.2.5.1 Partnerships, Collaborations, and Agreements:
8.2.5.2 Product Launches and Product Expansions:
8.3 Stryker Corporation
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expense
8.4 B. Braun Melsungen AG
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental and Regional Analysis
8.4.4 Research & Development Expenses
8.5 Medtronic PLC
8.5.1 Company overview
8.5.2 Financial Analysis
8.5.3 Segmental and Regional Analysis
8.5.4 Research & Development Expenses
8.5.5 Recent strategies and developments:
8.5.5.1 Acquisition and Mergers:
8.6 Alphatec Holdings Inc.
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Regional Analysis
8.6.4 Research & Development Expenses
8.6.5 Recent strategies and developments:
8.6.5.1 Product Launches and Product Expansions:
8.7 Globus Medical, Inc.
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Regional Analysis
8.7.4 Research & Development Expense
8.7.5 Recent strategies and developments:
8.7.5.1 Product Launches and Product Expansions:
8.8 NuVasive, Inc.
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Regional Analysis
8.8.4 Research & Development Expense
8.8.5 Recent strategies and developments:
8.8.5.1 Product Launches and Product Expansions:
8.9 Orthofix Medical, Inc.
8.9.1 Company Overview
8.9.2 Financial Analysis
8.9.3 Segmental and Regional Analysis
8.9.4 Research & Development Expense
8.9.5 Recent strategies and developments:
8.9.5.1 Product Launches and Product Expansions:
8.10. Exactech, Inc.
8.10.1 Company Overview
8.10.2 Recent strategies and developments:
8.10.2.1 Acquisition and Mergers:
TABLE 1 North America Spinal Fusion Devices Market, 2018 - 2021, USD Million
TABLE 2 North America Spinal Fusion Devices Market, 2022 - 2028, USD Million
TABLE 3 North America Spinal Fusion Devices Market by Surgery, 2018 - 2021, USD Million
TABLE 4 North America Spinal Fusion Devices Market by Surgery, 2022 - 2028, USD Million
TABLE 5 North America Minimally Invasive Spine Surgery Market by Country, 2018 - 2021, USD Million
TABLE 6 North America Minimally Invasive Spine Surgery Market by Country, 2022 - 2028, USD Million
TABLE 7 North America Open Spine Surgery Market by Country, 2018 - 2021, USD Million
TABLE 8 North America Open Spine Surgery Market by Country, 2022 - 2028, USD Million
TABLE 9 North America Spinal Fusion Devices Market by Type, 2018 - 2021, USD Million
TABLE 10 North America Spinal Fusion Devices Market by Type, 2022 - 2028, USD Million
TABLE 11 North America Thoracolumbar Devices Market by Country, 2018 - 2021, USD Million
TABLE 12 North America Thoracolumbar Devices Market by Country, 2022 - 2028, USD Million
TABLE 13 North America Cervical Fixation Devices Market by Country, 2018 - 2021, USD Million
TABLE 14 North America Cervical Fixation Devices Market by Country, 2022 - 2028, USD Million
TABLE 15 North America Interbody Fusion Devices Market by Country, 2018 - 2021, USD Million
TABLE 16 North America Interbody Fusion Devices Market by Country, 2022 - 2028, USD Million
TABLE 17 North America Spinal Fusion Devices Market by End User, 2018 - 2021, USD Million
TABLE 18 North America Spinal Fusion Devices Market by End User, 2022 - 2028, USD Million
TABLE 19 North America Hospitals Market by Country, 2018 - 2021, USD Million
TABLE 20 North America Hospitals Market by Country, 2022 - 2028, USD Million
TABLE 21 North America Specialty Clinics Market by Country, 2018 - 2021, USD Million
TABLE 22 North America Specialty Clinics Market by Country, 2022 - 2028, USD Million
TABLE 23 North America Others Market by Country, 2018 - 2021, USD Million
TABLE 24 North America Others Market by Country, 2022 - 2028, USD Million
TABLE 25 North America Spinal Fusion Devices Market by Country, 2018 - 2021, USD Million
TABLE 26 North America Spinal Fusion Devices Market by Country, 2022 - 2028, USD Million
TABLE 27 US Spinal Fusion Devices Market, 2018 - 2021, USD Million
TABLE 28 US Spinal Fusion Devices Market, 2022 - 2028, USD Million
TABLE 29 US Spinal Fusion Devices Market by Surgery, 2018 - 2021, USD Million
TABLE 30 US Spinal Fusion Devices Market by Surgery, 2022 - 2028, USD Million
TABLE 31 US Spinal Fusion Devices Market by Type, 2018 - 2021, USD Million
TABLE 32 US Spinal Fusion Devices Market by Type, 2022 - 2028, USD Million
TABLE 33 US Spinal Fusion Devices Market by End User, 2018 - 2021, USD Million
TABLE 34 US Spinal Fusion Devices Market by End User, 2022 - 2028, USD Million
TABLE 35 Canada Spinal Fusion Devices Market, 2018 - 2021, USD Million
TABLE 36 Canada Spinal Fusion Devices Market, 2022 - 2028, USD Million
TABLE 37 Canada Spinal Fusion Devices Market by Surgery, 2018 - 2021, USD Million
TABLE 38 Canada Spinal Fusion Devices Market by Surgery, 2022 - 2028, USD Million
TABLE 39 Canada Spinal Fusion Devices Market by Type, 2018 - 2021, USD Million
TABLE 40 Canada Spinal Fusion Devices Market by Type, 2022 - 2028, USD Million
TABLE 41 Canada Spinal Fusion Devices Market by End User, 2018 - 2021, USD Million
TABLE 42 Canada Spinal Fusion Devices Market by End User, 2022 - 2028, USD Million
TABLE 43 Mexico Spinal Fusion Devices Market, 2018 - 2021, USD Million
TABLE 44 Mexico Spinal Fusion Devices Market, 2022 - 2028, USD Million
TABLE 45 Mexico Spinal Fusion Devices Market by Surgery, 2018 - 2021, USD Million
TABLE 46 Mexico Spinal Fusion Devices Market by Surgery, 2022 - 2028, USD Million
TABLE 47 Mexico Spinal Fusion Devices Market by Type, 2018 - 2021, USD Million
TABLE 48 Mexico Spinal Fusion Devices Market by Type, 2022 - 2028, USD Million
TABLE 49 Mexico Spinal Fusion Devices Market by End User, 2018 - 2021, USD Million
TABLE 50 Mexico Spinal Fusion Devices Market by End User, 2022 - 2028, USD Million
TABLE 51 Rest of North America Spinal Fusion Devices Market, 2018 - 2021, USD Million
TABLE 52 Rest of North America Spinal Fusion Devices Market, 2022 - 2028, USD Million
TABLE 53 Rest of North America Spinal Fusion Devices Market by Surgery, 2018 - 2021, USD Million
TABLE 54 Rest of North America Spinal Fusion Devices Market by Surgery, 2022 - 2028, USD Million
TABLE 55 Rest of North America Spinal Fusion Devices Market by Type, 2018 - 2021, USD Million
TABLE 56 Rest of North America Spinal Fusion Devices Market by Type, 2022 - 2028, USD Million
TABLE 57 Rest of North America Spinal Fusion Devices Market by End User, 2018 - 2021, USD Million
TABLE 58 Rest of North America Spinal Fusion Devices Market by End User, 2022 - 2028, USD Million
TABLE 59 key Information – Zimmer Biomet Holdings, Inc.
TABLE 60 Key information – Johnson & Johnson
TABLE 61 key Information – Stryker Corporation
TABLE 62 key Information – B. Braun Melsungen AG
TABLE 63 Key Information – Medtronic PLC
TABLE 64 Key Information – Alphatec Holdings Inc.
TABLE 65 key Information – Globus Medical, Inc.
TABLE 66 Key Information – NuVasive, Inc.
TABLE 67 Key Information – Orthofix Medical, Inc.
TABLE 68 key Information – Exactech, Inc.
List of Figures
FIG 1 Methodology for the research