Spinal Surgical Devices market report contains detailed information on factors influencing demand, growth, opportunities, challenges, and restraints. It provides detailed information about the structure and prospects for global and regional industries. In addition, the report includes data on research & development, new product launches, product responses from the global and local markets by leading players. The structured analysis offers a graphical representation and a diagrammatic breakdown of the Spinal Surgical Devices market by region.
Global Spinal Surgical Devices market is set to surpass US$ 12.5 Billion by 2025.
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Market growth can be attributed to factors such as increasing preference for Minimally Invasive Spinal Surgery (MISS) procedures, increasing geriatric and obese population with increasing number of spine deformities and technological advancements in spine surgery devices are the key factors fuelling the growth of the spinal surgical devices market.
Spinal Surgical Devices Market: Country–wise Outlook
United States is expected to lead the spinal surgical devices market with a total market share of over 50% by 2025. Japan has shown its potential to become leading #2 market with more than $$% market share in 2017 and is expected to maintain its #2 position during the forecast period. China is expected to become the third largest spinal surgical devices market by 2025.
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Spinal Surgical Devices Market: Key Players Outlook
DePuy Synthes dominates the global spinal surgical devices market. Medtronic captured second highest share of the global spinal surgical devices market in 2017 and is expected to maintain its position till the forecast period. Nuvasive and Zimmer Bionet is competing closely with each other to grab maximum share of the global spinal surgical devices market.
The report titled “Spinal Surgery Devices Market: Global Market Analysis, Dynamics, Country Share, Trends, Competitor Analysis 2013 – 2017 and Forecast 2018 – 2025” examines the market, demand, competitive landscape and trends of the ten major markets of the spinal surgical devices market. It provides essential insights into spinal surgical devices market for the top 10 countries, comprising the US, the UK, France, Italy, Spain, Germany, Japan, China, India and Brazil until 2025. Key trends in terms of collaborations, partnerships, licensing and development agreements, merger and acquisition and distribution agreement are analysed with details. The report also explores detailed description of growth drivers and inhibitors of the spinal surgery devices market.
The report concludes with the profiles of major players in the spinal surgery devices market. The major market players are evaluated on various parameters such as company overview, market revenue and latest development and trends of the spinal surgery devices market.
The Major Companies Dominating this Market for its Products, Services and Continuous Product Developments are:
Medtronic, Zimmer Bionet, Stryker, DePuy Synthes, NuVasive, Globus Medical, Orthofix International, K2M Medical, SeaSpine, Alphatec Holdings
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Ten Major Markets(10MM) Covered in the Report are as follows:
United States, United Kingdom, France, Italy, Spain, Germany, Japan, China, India, Brazil
The Latest Industry Data Included in this Report:
• Global Spinal Surgical Devices Market & Forecast (2013 – 2025)
• Global Spinal Surgical Devices Market Share & Y-o-Y Growth (%)
• Global Spinal Surgical Devices Market Share, by Major Companies, 2013 – 2025
• Global Spinal Surgical Devices Market Share by Major Countries, 2013 – 2025
• Global Spinal Surgical Devices Market, By Geography, 2013 – 2025
• Major Deals in Spinal Surgical Devices Market
• Major Companies Market Revenue & Forecast (2013 – 2025)
• Major Companies Latest Development & Trends
• Market Definition for the Specified Topic Along with Identification of Key Drivers
and Inhibitors for the Market
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The COVID-19 pandemic in 2019 engulfed the world. It caused a worldwide halt. The entire global economy was affected. In addition, many people have also lost their lives. Around 252,297,094 cases and 5,091,465 deaths have been reported worldwide so far for COVID-19. The pandemic spread to almost every country in the world. In most industries, the pandemic resulted in some form of loss. As a result of the pandemic, the Spinal Surgical Devices market also experienced a slowdown. Statista estimates that the Spinal Surgical Devices industry’s total worldwide revenue stood at approximately US$ 3.94 trillion in 2019. In 2014, the Spinal Surgical Devices industry generated revenues of US$ 5.4 trillion at a record high.
The degree of competition among prominent global companies has been developed by analyzing several leading competitors operating globally. In addition, specialist analysts examine various aspects of the Spinal Surgical Devices market, including market competition, market share, the most recent advancements in the industry, innovative product launches, partnerships, mergers, and acquisitions by leading companies.
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