Spinal Trauma Devices Market Scenario, Leading Players, Segments Analysis and Growth By Forecast to 2023
Crystal Market Research (CMR) render to you profound details in respect to leading participants, regions, application and type of the Spinal Trauma Devices Market which is estimated to encounter substantial growth over the forecast period 2018-2023.
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Industry Overview and Trend Analysis:
The Spinal Trauma Devices Market was worth USD 2.72 billion in 2014 and is expected to reach approximately USD 4.43 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 5.58% during the forecast period. The developing trend of minimally invasive (MI) spine surgeries will drive the development prospects for the worldwide spinal trauma devices market all through the assessed period. The market is encountering an immense switch from open spine surgeries towards MI spine surgeries since they include less contamination rate, muscle damage, and pain amid spinal trauma treatment methods, dissimilar to open spine medical procedures that can harm the delicate tissues and cause pain post-surgery. Likewise, MI procedures for spine medical procedures include small incisions that bring about least blood loss and lessened complexities. The interest for spinal implants is expanding in the market since MI spinal medical procedures, for example, MI lumbar combination and aspect obsession methodology include least medical costs.
Leading Players:
The leading players in the market are Stryker Corporation, NuVasive Inc, Zimmer Biomet, ReWalk, Globus Medical Inc, DePuy Synthes Companies, Spinal Technology Inc, Arthrex, B. Braun Melsungen and Medtronic. The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.
Regional Outlook and Trend Analysis:
In 2016, the Americas commanded the spinal trauma devices market and the US was the biggest income supporter of the market in this locale. Factors, for example, the ascent in emergency care cases because of violence and injury, the expanding number of government awareness programs in regards to spinal cord injury, the accessibility of subsidizing for spinal trauma devices in developed nations, for example, the US and Canada, and the accessibility of motivators for specialists who perform error-free spinal fusion surgeries, will drive market's development in this locale.
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The Spinal Trauma Devices Market is segmented as follows-
By Product: External fixation devices & Internal fixation devices
By End User: Physicians’ offices & ASCs and Hospitals
By Region: North America: (U.S, Canada & Mexico), Europe: (Germany, France, UK, Italy, Spain & Rest of Europe), Asia-Pacific: (Japan, China, Australia, India, South Korea, Rest of Asia-Pacific) and Rest of the World: (Brazil, South Africa, Saudi Arabia, Turkey, United Arab Emirates & Others)
Product Outlook and Trend Analysis:
The external fixation devices fragment that incorporates SCSs and the bracing system represented the main shares of the spinal trauma devices market amid 2016 and is foreseen to proceed with its market predominance amid the gauge time frame. The market is anticipated to witness a high acceptance of SCSs later on because of the high necessity and rivalry since these devices provide better patient care and treatment. Moreover, with the advent of repayment schemes for spinal cord stimulators, the market portion will likewise encounter increased investments on the progressed technological advancement of flopped back surgery syndrome.
End User Outlook and Trend Analysis:
In 2016, the spinal trauma devices market was ruled by the ASCs. Advantages, for example, limited therapeutic costs, the decreased term of hospital stays, customer benevolent outpatient benefits, the accessibility of one day care complicated surgeries, for example, circle substitution and combination surgeries, and the inexpensive and enhanced patient administer to complex orthopaedic conditions, will be the main considerations driving the development of the spinal trauma devices market in this sections.
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Major Table of Contents:
Chapter 1. Introduction
1.1. Report Description
1.2. Research Methodology
Chapter 2. Executive Summary
2.1. Key Highlights
Chapter 3. Market Overview
3.1. Introduction
3.2. Market Dynamics
Chapter 4. Market Analysis by Regions
4.1. North America (United States, Canada and Mexico)
4.2. Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
4.3. Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Rest of Asia-Pacific)
4.4. South America (Brazil, Argentina, Columbia and Rest of South America)
4.5. Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa and Rest of MEA)
Chapter 5. Spinal Trauma Devices Market, By Product
5.1. Introduction
5.2. Global Spinal Trauma Devices Revenue and Market Share By Product (2014-2018)
5.3. Internal fixation devices
5.4. External fixation devices
Chapter 6. Spinal Trauma Devices Market, By End User
6.1. Introduction
6.2. Global Spinal Trauma Devices Revenue and Market Share By End User (2014-2018)
6.3. Hospitals
6.4. ASCs
6.5. Physicians' offices
Chapter 7. Spinal Trauma Devices Market, By Region
7.1. Introduction
7.2. Global Spinal Trauma Devices Revenue and Market Share by Regions
7.3. North America Spinal Trauma Devices by Countries
7.4. Europe Spinal Trauma Devices by Countries
7.5. Asia-Pacific
7.6. South America
7.7. Middle East and Africa
Chapter 8. Company Profiles
8.1. Medtronic
8.2. DePuy Synthes
8.3. NuVasive
8.4. Stryker
8.5. Globus Medical
8.6. ReWalk Robotics
8.7. Zimmer Biomet
8.8. Arthrex
8.9. B. Braun Melsungen AG
8.10. Spinal Technology
Chapter 9.Global Spinal Trauma Devices Market Competition, by Manufacturer
9.1. Global Spinal Trauma Devices Revenue and Market Share by Manufacturer (2016-2017)
9.2. Global Spinal Trauma Devices Price by Region (2016-2017)
9.3. Top 5 Spinal Trauma Devices Manufacturer Market Share
9.4. Market Competition Trend
Chapter 10. Spinal Trauma Devices Market Forecast (2018-2023)
10.1. Global Spinal Trauma Devices Revenue (Millions USD) and Growth Rate (2018-2023)
10.2. Spinal Trauma Devices Market Forecast by Regions (2018-2023)
10.3. Spinal Trauma Devices Market Forecast By Product (2018-2023)
10.4. Spinal Trauma Devices Market Forecast By End User (2018-2023)
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