Product Code: RP-ID-10078321 |
Published Date: 21 Oct 2022 |
Region: NA |
Category: Healthcare & Pharmaceuticals |
Report ID: 10078321
Market Overview:
Global Interbody Fusion Cage Industry By Products (Lumbar, Cervical, Thoraco-lumbar, Thoracic), By Surgery Type (Anterior, Transforaminal, Posterior, Lateral) – Global Size Analysis and Market Forecast 2019-2025
Global Interbody Fusion Cage Industry was valued at USD 1,873 Million in the year 2017. Global Interbody Fusion Cage Industry is further estimated to grow at a CAGR of 3.6% from 2019 to reach USD 2,485 Million by the year 2025.
North America region holds the highest Industry share in 2017 and is considered as the fastest growing Industry in the forecasted period. At a country level, the U.S. and Canada are projected to grow strongly in the coming years.
Major market players in the Interbody Fusion Cage Industry are B. Braun Melsungen AG, Benvenue Medical Inc., Aurora Spine Inc., Prodorth, Medtronic PLC., Orthofix International N.V., NuVasive Inc., Ulrich Medical USA, Johnson & Johnson, Zimmer Biomet Holdings Inc., and brief information of 10 companies will be provided in the report. Other players operating in the value chain are Biomet USA, Globus Medical USA, Spineart France, Precision Spine USA, Medacta Switzerland, and K2M USA. Rising research and development expenses to address the changing demand of end users. Similarly, growth strategies such as acquisition, merger, and expansion of the distribution network were few techniques adopted by most of the top players in the last 5 years.
SWOT Analysis of Interbody Fusion Cage Industry:
Strength:
Rising geriatric population
Increase in spinal surgeries
Weakness:
The high cost of surgeries
Opportunities:
Technological advancements
Growing awareness
Threats:
Availability of skilled labors
The Global Interbody Fusion Cage is segmented as by Products, by Surgery Type, by end users, and by region. On the basis of products, the Industry is segmented as Lumbar, Cervical, thoraco-lumbar, and Thoracic of which Lumbar holds the highest Industry share. On the basis of surgery test type the global Industry is segmented as Anterior, Transforaminal, Posterior and Lateral of which anterior surgery expected to hold the highest Industry share in the forecasted period.
Interbody Fusion Cage Industry Segmentation:
By Surgery Type
• Anterior
• Transforaminal
• Posterior
• Lateral
By End Users
• Hospitals
• Clinics
• Ambulatory Surgical Centers
• Others
By Products
• Lumbar
• Cervical
• Thoraco-lumbar
• Thoracic
By Region
• North America
o USA
o Canada
• Europe
o Germany
o U.K.
o France
o Italy
o Rest of Europe
• APAC
o China
o India
o Japan
o Rest of Asia-Pacific
• RoW
o Latin America
o Middle East & Africa
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