Spinal Trauma Devices Market size to grow by USD 540.72 million from 2022-2027| Alphatec Holdings Inc., B.Braun SE, ChoiceSpine LLC and more are among the key market players - Technavio

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Sep 28, 2023, 17:35 ET

NEW YORK, Sept. 28, 2023 /PRNewswire/ -- The Spinal Trauma Devices Market size is projected to increase by USD 540.72 million, accelerating at a CAGR of 5.77% during the forecast period, according to Technavio Research. The report analyzes the market's competitive landscape and offers information on several market companies, including: Alphatec Holdings Inc., B.Braun SE, ChoiceSpine LLC, Genesys Orthopedic Systems LLC, Globus Medical Inc., GS Solutions Inc., Johnson and Johnson, Medtronic Plc, MicroPort Scientific Corp., Nuvasive Inc., Orthofix Medical Inc., ReWalk Robotics Ltd., RTI Surgical Inc., Smith and Nephew plc, Spinal Technology Inc., Spineart SA, Stryker Corp., Victrex Plc, Xtant Medical Holdings Inc. and ZimVie Inc. This report offers an up-to-date analysis of the current market scenario, the latest trends and drivers, and the overall market environment. Request free sample report now

Technavio has announced its latest market research report titled Global Spinal Trauma Devices Market 2023-2027

Spinal Trauma Devices Market 2023 – 2027: Company Profile:

ZimVie Inc.: The company offers spinal trauma devices such as Biomet OrthoPak non-invasive bone growth stimulator system.

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Spinal Trauma Devices Market 2023 - 2027: Segmentation Analysis

The market is segmented by Product (Internal fixation devices and External fixation devices), End-user (Hospitals, Ambulatory surgery centers, and Clinics), and Geography (North America, Europe, Asia, and Rest of World (ROW)).

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Spinal Trauma Devices Market 2023 - 2027: Regional Analysis

North America is estimated to contribute 37% to the growth of the global market during the forecast period. The increasing incidence of spinal disorders such as osteoporosis, spondylolisthesis, and scoliosis lesions has increased the demand for spine implants in the region. Furthermore, the rising number of product launches within North America is expected to be a key driver of growth in the spinal injury devices market.

Spinal Trauma Devices Market: Drive, Trend & Challenge:

Driver - The primary driver behind the market's growth is the escalating prevalence of spinal disorders. With the aging global population, there is a corresponding rise in the demand for spinal surgeries and associated implants. As the world's population continues to age, the incidence of spinal diseases is increasing. It's worth noting that spinal pain contributes more significantly to the global burden of disease, including mortality and disability, compared to a combination of HIV, diabetes, malaria, stroke, Alzheimer's disease, breast and lung cancer, as well as ear cancer, traffic accidents, and lower respiratory tract infections.

Trend – Technological advancements in spinal trauma devices is the primary trend in the market.

Challenge - Risks associated with interventional spine procedures affect the growth of the market.

Identify more information on key trends, drivers, and challenges in the market. Download the sample report to gain access to this information

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Implantable Medical Devices Market: The Implantable Medical Devices Market size is estimated to grow by USD 51.1 billion at a CAGR of 8.25% between 2022 and 2027.

Ortho Pediatric Devices Market: The global ortho-pediatric devices market size is estimated to grow by USD 1,661.08 million at a CAGR of 7.76% between 2022 and 2027.

What are the key data covered in this spinal trauma devices market report?

CAGR of the market during the forecast period
Detailed information on factors that will drive the growth of the spinal trauma devices market between 2022 and 2027.
Precise estimation of the spinal trauma devices market size and its contribution to the market in focus on the parent market
Accurate predictions about upcoming trends and changes in consumer behavior
A thorough analysis of the market's competitive landscape and detailed information about vendors
Comprehensive analysis of factors that will challenge the growth of spinal trauma devices market vendors.

Table of Contents:

Executive Summary
Market Landscape
Market Sizing
Historic Market Sizes
Five Forces Analysis
Market Segmentation by Product
Market Segmentation by End-User
Market Segmentation by Geography
Customer Landscape
Geographic Landscape
Drivers, Challenges, & Trends
Company Landscape
Company Analysis
Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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SOURCE Technavio