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Minimally Invasive Spinal Implant Market Size, Share & COVID-19 Impact Analysis | Taiwan | 2022-2028 | MedSuite | Includes: Interbody Spinal Surgery Devices, Pedicle Screws, and 4 more

  • Year: 2022
  • Scope: 10 Years
  • Region: Taiwan
  • Type: MedSuite

Taiwan’s minimally invasive spinal implant market was valued at $40.1 million in 2021. This is expected to increase over the forecast period at a CAGR of 12.2% to reach $90 million.

The full report suite on the Taiwan market for minimally invasive spinal (MIS) implants includes MIS interbody devices, MIS pedicle screws, spinous process fixation, facet fixation, SI joint devices, spine endoscopes, spine endoscopes and instrumentation and MIS surgical instrumentation.

An ongoing trend in the Taiwanese MIS market is the drive in MIS unit sales as a result of the perceived patient benefits from MIS procedures. The vast majority of patients, when given the option, will choose minimally invasive procedures rather than traditional open fusion surgeries.

MARKET REPORT 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
  • Procedure Volumes
  • Company Profiles, Product Portfolios and SWOT for Top Competitors
  • COVID-19 Impact Analysis

COVID-19 IMPACT ANALYSIS ON TAIWAN’S MIS SPINAL IMPLANTS MARKET

Taiwan acted quickly to initial outbreaks within Wuhan; in January 2020, Taiwan completed the WHO “National capacities review tools for a Novel Coronavirus” natation-wide assessment for the impact of the COVID-19 pandemic. On January 21, 2020, Taiwan confirmed the first confirmed COVID-19 case within the country. Cases within the country remained low as a result of the stringent health measures and proactive government initiatives within the country. Moving forward, Taiwan has recently experienced an increase in COVID-19 cases, starting in the late first to the second quarter of 2021. The spike increase was a result of COVID-19 variants, such as the community transmission of the Delta variant, which has higher infection rates among the vaccinated populations.

TAIWAN’S MIS SPINAL IMPLANTS MARKET SHARE INSIGHTS

Overall, within the Taiwan Minimally Invasive Spinal Implants market there are three dominant competitors: Medtronic, Richard Wolf, and DePuy Synthes.Taiwan Market Share LeadersMedtronic held the largest share of the MIS implant market in 2021. Medtronic held the leading share of the MIS interbody and MIS pedicle screw segments, while also holding large shares in other segments, including the facet fixation, spinous process fixation and MIS sacroiliac joint fusion markets.

MARKET SEGMENTATION SUMMARY

While this report suite contains all applicable market data, each of the markets are also available as stand alone MedCore reports. This allows you to get access to only the specific market segment research that you need. You can view all these included reports and segmentation here:

  • Procedure Volumes for Minimally Invasive Spine Surgery – MedPro – Using a number of databases, internal and external, we’re able to provide you with the total volume of minimally invasive spinal implants procedures being performed for each of the markets mentioned in this suite of reports.
  • MIS Interbody Device Market – MedCore – Covers segmentation into the MIPLIF Market, MITLIF Market, LLIF Market, and OLIF Market.
  • MIS Pedicle Screw Market – MedCore – Segmented into 2 main markets: Percutaneous Cannulated Pedicle Screws and Retractor MIS Pedicle Screws.
  • Spinous Process Fixation Market – MedCore – This market covers several spinal fixation systems including both plating and rod and screws systems.
  • Facet Fixation Market – MedCore – Facet fixation is a type of percutaneous minimally invasive surgery in which the facet joints in the thoracolumbar region are fused using facet screws, bolts or allograft dowels.
  • MIS Sacroiliac Joint Fusion Market – MedCore – SIJD can also be known as SI joint syndrome, SI joint strain and SI joint inflammation. Surgical treatment involves fusing the SI joint via an open surgery approach.
  • Spinal Endoscopy Market – MedCore – Spine endoscopes are visualization instrumen
    ts that allow for a minimally invasive approach to various procedures and resemble other arthroscopic and laparoscopic devices.
  • MIS Surgery Instrumentation Market – MedCore – Spinal instrumentation is used to stabilize the spine and carry out the procedure during minimally invasive spinal (MIS) procedures.

Research Scope Summary

Report Attribute Details
Regions Taiwan
Base Year 2021
Forecast 2022-2028
Historical Data 2018-2021
Quantitative Coverage Market Size, Procedure Volume, Market Shares, Market Forecasts, Market Growth Rates, Units Sold, and Average Selling Prices.
Qualitative Coverage COVID-19 Impact, Market Growth Trends, Market Limiters, Competitive Analysis & SWOT for Top Competitors, Mergers & Acquisitions, Company Profiles, Product Portfolios
Data Sources Primary Interviews with Industry Leaders, Government Physician Data, Regulatory Data, Hospital Private Data, Import & Export Data, iData Research Internal Database.

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