North America Spine Surgery Devices Market is Expected to Reach $6,756.6 Million by 2019, at a CAGR of 7.5% From 2014 to 2019
FORT WORTH, Texas, May 18, 2015 /PRNewswire/ --
The North American spine surgery devices market report defines and segments the concerned market with analysis and forecast of revenue. This market is expected to reach $6,756.6 million by 2019, growing at a CAGR of 7.5% from 2014 to 2019.
Browse through the TOC of the North American spine surgery devices to get an idea of the in-depth analysis provided. This also provides a glimpse of the market segmentation and is supported by various tables and figures
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The North American spine surgery devices market includes various procedures conducted to replace discs in the spine that have been damaged. Age is one cause of this damage; as age increases, it causes the discs to compress. Spine surgeries to correct this condition entail the implantation of artificial discs to support the spinal cord.
The spinal fusion & fixation devices product segment commanded the largest portion in the market. These devices are used to treat spondylolisthesis or degenerative disc disease. Spinal fusion and fixation is done majorly in the cervical, thoracic, or, most commonly, the lumbar parts of the spinal cord.
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This report includes market shares of segments, value chain analyses, and market metrics such as drivers, restraints, and upcoming opportunities in the market. In addition, it provides a competitive landscape and the company profiles of key players in the market.
Key market players include Medtronic, Inc. (U.S.), Biomet, Inc. (U.S.), Alphatec Spine, Inc. (U.S.), and Stryker Corporation (U.S.), among others.
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The Global Spine Surgery Devices Market has seen challenging and dynamic market conditions. The global spine surgery devices market, mainly driven by aging population and the increasing prevalence of rheumatoid and osteoarthritis, was valued at $11.6 billion in 2013, and is expected to reach $15 billion by 2018, at a CAGR of 5.1%.
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