DUBLIN, Feb. 22, 2023 /PRNewswire/ -- The "Motion Preservation Devices Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.
The global motion preservation devices market size reached US$ 1.6 Billion in 2021. Looking forward, the publisher expects the market to reach US$ 2.3 Billion by 2027, exhibiting a CAGR of 6.24% during 2021-2027.
Companies Mentioned
- Aurora Spine Inc
- B. Braun Melsungen AG
- Globus Medical
- HPI Implants
- Johnson & Johnson Private Limited
- Medtronic
- NuVasive Inc.
- Orthofix Medical Inc
- Surgalign
- ulrich GmbH & Company KG
- Zimmer Biomet
Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.
Motion preservation devices are utilized in the treatment of several spine conditions without fusion. They provide stabilization and eliminate pain while preserving the motion of the functional spinal unit.
They mainly comprise total disc replacement (TDR), prosthetic nucleus replacement, posterior dynamic devices, and facet replacement, which are used for different purposes.
For example, TDRs find application in the complete removal of the disc, while prosthetic nucleus replacements necessitate evacuation of the nucleus pulposus through an annulotomy. Nowadays, a shift towards motion-sparing technology over fusion-type procedures is resulting in the increasing development of innovative motion-preserving devices.
Motion Preservation Devices Market Trends:
A wide variety of motion preservation devices are used as treatment alternatives or adjuncts for patients suffering from pain and loss of function caused by back issues.
This, in confluence with the rising prevalence of spine problems on account of smoking, obesity, and sedentary lifestyles, represents one of the major factors driving the market.
In addition, the growing geriatric population is resulting in a significant increase in the number of surgeries utilized for treating symptoms of lumbar spinal stenosis, degenerative disc disease, and facet pain from osteoarthritis. This is positively influencing the demand for motion preservation devices across the globe.
Apart from this, several leading companies are introducing next-generation devices with advanced technology, which is creating a positive outlook for the market.
For instance, Aesculap, Inc., a US-based healthcare company, launched the activL artificial disc with intelligent motion technology. It is a third-generation motion preservation device for degenerative disc disease (DDD) patients, which resembles the natural biomechanics of the healthy human spine and significantly reduces the impact on adjacent level anatomy.
Key Questions Answered in This Report:
- How has the global motion preservation devices market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global motion preservation devices market?
- What are the key regional markets?
- What is the breakup of the market based on the product?
- What is the breakup of the market based on the surgery?
- What is the breakup of the market based on the end user?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global motion preservation devices market and who are the key players?
- What is the degree of competition in the industry?
Key Topics Covered:
1 Preface
2 Scope and Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Motion Preservation Devices Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Product
6.1 Dynamic Stabilization Devices
6.1.1 Market Trends
6.1.2 Key Segments
6.1.2.1 Interspinous Process Spacers
6.1.2.2 Pedicle Screw-Based Systems
6.1.2.3 Facet Replacement Products
6.1.3 Market Forecast
6.2 Artificial Discs Replacement Devices
6.2.1 Market Trends
6.2.2 Key Segments
6.2.2.1 Artificial Cervical Discs
6.2.2.2 Artificial Lumbar Discs
6.2.3 Market Forecast
6.3 Annulus Repair Devices
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Nuclear Disc Prostheses Devices
6.4.1 Market Trends
6.4.2 Market Forecast
7 Market Breakup by Surgery
7.1 Open Spine Surgery
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Minimally Invasive Spine Surgery
7.2.1 Market Trends
7.2.2 Market Forecast
8 Market Breakup by End User
8.1 Hospitals
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Orthopedic Clinics
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Ambulatory Surgical Centers (ASCs)
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Others
8.4.1 Market Trends
8.4.2 Market Forecast
9 Market Breakup by Region
10 SWOT Analysis
11 Value Chain Analysis
12 Porters Five Forces Analysis
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
For more information about this report visit https://www.researchandmarkets.com/r/v67u27
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Media Contact:
Research and Markets
Laura Wood, Senior Manager
[email protected]
For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1904
Fax (outside U.S.): +353-1-481-1716
Logo: https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg
SOURCE Research and Markets
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article