Product Description
Overall, the global spinal surgery instrumentation market was valued at $3.8 billion in 2021. This is expected to increase over the forecast period at a CAGR of 6.4% to reach $6 billion.
Throughout this medical market research, we analyzed over 15 spinal surgery instrumentation companies across 7 continents and used our comprehensive methodology to understand the market sizes, unit sales, company market shares, and to create accurate forecasts. The full report suite on the global market for spinal surgery instrumentation extends its projections up to the year 2028, thereby providing a comprehensive and anticipatory understanding of the market trends and trajectories for the given period.
DATA TYPES INCLUDED
- Unit Sales, Average Selling Prices, Market Value & Growth Trends
- Forecasts Until 2028, and Historical Data to 2018
- Market Drivers & Limiters for Each Segment
- Competitive Analysis with Market Shares for Each Segment
- Recent Mergers & Acquisitions
- COVID19 Impact
- Disease Overviews and Demographic Information
- Company Profiles, Product Portfolios and SWOT for Top Competitors
Global Spinal Surgery Instrumentation Market Insights
Osteoporosis and vertebral compression fractures predominantly impact the elderly population. According to World Bank data, the global population aged 65 and above has been steadily increasing. In 2010, this age group constituted 7.5% of the population, and by 2020, it had risen to 9.3%. This demographic trend is expected to drive an increased demand for spinal fusion procedures due to the higher prevalence of conditions such as osteoporosis and vertebral compression fractures in the aging population.
Global Spinal Surgery Instrumentation Market Share Insights
- In the 2021 global spine instrumentation market, DePuy Synthes was a major player, offering a range of standard instruments through the EXPEDIUM® Spine System and VIPER Spine System. The company’s portfolio included tools compatible with Brainlab and Medtronic navigation systems, covering pedicle awls, lumbar and thoracic probes, and various sizes of awl-lead taps. DePuy Synthes also provided instrumentation for vertebral body augmentation and general surgical needs
- Richard Wolf is also a notable competitor in the global spinal instrumentation market, contributing through its spinal systems like PERCULINE nucleo. Richard Wolf‘s significant share in the instrumentation market is largely attributed to its active presence in the endoscope market.
Market Segmentation Summary
- Spinal Surgery Instrumentation Market
Global Research Scope Summary
Report Attribute | Details |
---|---|
Regions | North America (Canada, United States) Latin America (Argentina, Brazil, Chile, Colombia, Mexico, Peru, Venezuela) Western Europe (Austria, Benelux, France, Germany, Italy, Portugal, Scandinavia, Spain, Switzerland, U.K.) Central & Eastern Europe (Baltic States, Bulgaria, Croatia, Czech Republic, Greece, Hungary, Kazakhstan, Poland, Romania, Russia, Turkey, Ukraine) Middle East (Bahrain, Iran, Israel, Kuwait, Oman, Qatar, Saudi Arabia, United Arab Emirates) Asia Pacific (Australia, Cambodia, China, Hong Kong, India, Indonesia, Japan, Malaysia, Myanmar, New Zealand, Philippines, Singapore, South Korea, Taiwan, Thailand, Vietnam) Africa (Algeria, Egypt, Ghana, Kenya, Libya, Morocco, Nigeria, South Africa, Sudan, Uganda) |
Base Year | 2021 |
Forecast | 2022-2028 |
Historical Data | 2018-2021 |
Quantitative Coverage | Market Size, Market Shares, Market Forecasts, Market Growth Rates, Units Sold, and Average Selling Prices. |
Qualitative Coverage | COVID19 Impact, Market Growth Trends, Market Limiters, Competitive Analysis & SWOT for Top Competitors, Mergers & Acquisitions, Company Profiles, Product Portfolios, FDA Recalls, Disruptive Technologies, Disease Overviews. |
Data Sources | Primary Interviews with Industry Leaders, Government Physician Data, Regulatory Data, Hospital Private Data, Import & Export Data, iData Research Internal Database. |