Minimally Invasive Spinal Implant Market Report Suite for US – 2017-2023 – MedSuite (Includes 9 Reports)
- Year: 2017
- Scope: 2013-2023
- Region: United States
- Published Date: 4/1/2017
- Pages: 221
- Type: MedSuite
The full report suite on the U.S. market for minimally invasive spinal implants includes segments for MIS interbody devices, MIS pedicle screws, spinous process fixation, facet fixation, MIS sacroiliac joint fusion, spine endoscope, and MIS spine instrumentation. Despite multiple challenges, growth is expected in many market segments, as patient demographics in the U.S. maintain a steady demand for such procedures. Growth has increased across all segments as regulations become better adapted to MIS procedures.
Major Segments Covered in the Minimally Invasive Spinal Implant Market Report Suite
Overall, the U.S. minimally invasive spinal implants market was valued at $1.62 billion in 2016. This is expected to increase over the forecast period at a CAGR of 3.6% to reach $2.08 billion.
The full report suite on the U.S. market for minimally invasive spinal implants includes segments for MIS interbody devices, MIS pedicle screws, spinous process fixation, facet fixation, MIS sacroiliac joint fusion, spine endoscope and MIS spine instrumentation. Despite multiple challenges, growth is expected in many market segments, as patient demographics in the U.S. maintain a steady demand for such procedures. Growth has increased across all segments as regulations become better adapted to MIS procedures.
While this report suite contains all US minimally invasive implant data, each of the markets are also available as stand alone MedCore reports. This allows you to get access to only the minimally invasive implant market research that you need. You can view all these included reports and segmentation here:
US Market Overview for Minimally Invasive Spinal Implants 2017 – MedView: Gives an easily accessible view of all peripheral vascular device markets and trends and aggregates the data together for a picture of the total US market.
US Procedure Numbers for Minimally Invasive Spinal Implants 2017 – MedPro: Using a number of databases, internal and external, we’re able to provide you with the total volume of peripheral vascular procedures being performed for each of the markets mentioned in this suite of reports.
US Market Report for MIS Interbody Devices 2017 – MedCore: Covers segmentation in the Minimally invasive posterior lumbar interbody fusion (MIPLIF), Transforaminal lumbar interbody fusion (TLIF), Minimally invasive TLIF (MITLIF), lateral lumbar interbody fusion (LLIF), lateral interbody fusion (DLIF®), extreme lateral interbody fusion (XLIF®), lateral interbody fusion (GLIF™), and oblique lateral interbody fusion (OLIF) device markets.
US Market Report for MIS Pedicle Screws 2017 – MedCore: Covers segmentation in the Percutaneous MIS Systems and Retractor-Based MIS Systems device markets.
US Market Report for Spinous Process Fixation 2017 – MedCore: Several spinal fixation systems exist for stabilizing the spine so that bony fusion can be achieved. The majority of these fixation systems use rods that attach to screws that are threaded into the vertebral bodies or the pedicles.
US Market Report for Facet Fixation 2017 – MedCore: As representative of another emerging technology in the minimally invasive field, the facet fixation market will experience growth trends similar to the spinous process fixation market. The market has experienced high initial growth over the last five years, which has been attributed to increasing awareness of the procedure, as well the entrance of new competitors, and new products, into the market.
US Market Report for MIS Sacroiliac Joint Fusion 2017 – MedCore: One important factor in the future growth of the sacroiliac joint fusion market is the new information surrounding adjacent segment disease. Following a lumbar fusion procedure, whether it was or was not the primary cause of the low back pain, a significant proportion of patients eventually note discomfort or pain in the low back. This can be attributed to the effects of the lumbar fusion, which leads to heightened levels of stress and motion across the sacroiliac joint.
US Market Report for Spinal Endoscopy 2017 – MedCore: The spine endoscope market is broken down into two segments, endoscopes and instrumentation. There is a growth in procedural numbers for endoscopic discectomies, laminectomies and foraminotomies, as patients who had previously held off on surgery because of the invasive nature of traditional methods are getting procedures done.
US Market Report for MIS Instrumentation 2017 – MedCore: This report considers instrumentation products not included in previous segments. Examples include scalpels, catheters, rongeurs, clamps, forceps, retractors and cannula, in addition to other products. Due to the high variation in costs and products used in any given procedure, this segment will consider an average cost of all such instruments used in a typical procedure.
Buying all of these reports together in this suite package will provide you with substantial discounts from the separate prices. Request Pricing to Learn More
Minimally Invasive Implant Market Trends
The fastest growing segment in 2016 was the spine endoscopy segment. This was the result of both endoscope and endoscope instrumentation sales. Spine endoscopes are visualization instruments that allow for an MIS approach to various procedures. By allowing direct visualization into the spinal canal, these endoscopes facilitate the investigation of nerve compression, inflammation, scarring or abnormalities in the spinal space. In recent years, technological advancements in digital imaging have led to the use of high definition (HD) cameras in conjunction with spine endoscopes. This market is expected to see the highest CAGR overall. However, this segment also makes up by far the smallest in terms of procedures and unit sales.
Minimally Invasive Implant Market Report Data Types Included
- Unit Sales, Average Selling Prices, Market Value & Growth Trends
- Forecasts Until 2022, and Historical Data to 2012
- Market Drivers & Limiters for Each minimally invasive implant Device Segment
- Competitive Analysis with Market Shares for Each Segment
- Recent Mergers & Acquisitions
- Minimally invasive implant Procedure Volumes
- Disease Overviews and Demographic Information
- Company Profiles, Product Portfolios and SWOT for Top Competitors
- Related Press Releases from Top Competitors
Minimally Invasive Implant Companies Analyzed
NuVasive led in overall shares in the U.S. minimally invasive spine market in 2016. The company has experienced strong growth and has the leading share in the MIS interbody device segment, as well as shares in the MIS pedicle screw, spinous process fixation, facet fixation and MIS instrumentation segments. NuVasive was not present in the MIS sacroiliac or spine endoscope markets. Medtronic had the second largest the U.S. minimally invasive spine market in 2016. The company has established this role through strong performance in most segments, particularly the MIS interbody devices, MIS pedicle screw, spinous process fixation, facet fixation and MIS instrumentation markets. Medtronic was not present in the spine endoscope markets
Other leading competitors in the U.S. include DePuy Synthes, Globus Medical, Stryker, SI-BONE, Richard Wolf and others, as well as a large number of smaller companies. The majority of competitors in the U.S. minimally invasive spine market are small companies with market shares of 2% or less.
History of Our Minimally Invasive Implant Market Research
We’ve been doing market research for medical devices for over a decade. We specialize in it, and the peripheral vascular device market was one of our original reports that helped build trust in our research and methodology. We have built relationships with the top competitors in the minimally invasive implant market so that we can gather proprietary information in confidence to assure more accurate research – that our partners and clients then benefit from.
Because we’re a third party researcher, we have the ability to reach well into the top minimally invasive implant companies and look at a multi-angle approach to our research. Not only do we consider financial filings, we conduct interviews, use hospital and procedural databases, and our own history of research to create a picture of the market that’s incredibly accurate.
Our clients have used our minimally invasive implant market research for years to strategize new markets to break into, submit SEC filings, decide sales and marketing strategies, plan acquisitions and product launches, and provide a 3rd party source to show investors, boards, and senior executives.
Our reports follow an in-depth 9-step methodology which focuses on the following research systems:
- Original primary research that consists of the most up-to-date market data
- Strong foundation of quantitative and qualitative research
- Focused on the needs and strategic challenges of the industry participants
Step 1: Project Initiation & Team Selection During this preliminary investigation, all staff members involved in the industry discusses the topic in detail.
Step 2: Prepare Data Systems and Perform Secondary Research The first task of the research team is to prepare for the data collection process: Filing systems and relational databases are developed as needed.
Step 3: Preparation for Interviews & Questionnaire Design The core of all iData research reports is primary market research. Interviews with industry insiders represent the single most reliable way to obtain accurate, current data about market conditions, trends, threats and opportunities.
Step 4: Performing Primary Research At this stage, interviews are performed using contacts and information acquired in the secondary research phase.
Step 5: Research Analysis: Establishing Baseline Estimates Following the completion of the primary research phase, the collected information must be synthesized into an accurate view of the market status. The most important question is the current state of the market.
Step 6: Market Forecast and Analysis iData Research uses a proprietary method to combine statistical data and opinions of industry experts to forecast future market values.
Step 7: Identify Strategic Opportunities iData analysts identify in broad terms why some companies are gaining or losing share within a given market segment.
Step 8: Final Review and Market Release An integral part of the iData research methodology is a built-in philosophy of quality control and continuing improvement is integral to the iData philosophy.
Step 9: Customer Feedback and Market Monitoring iData philosophy of continuous improvement requires that reports and consulting projects be monitored after release for customer feedback and market accuracy.