Hyderabad, India -- (SBWire) -- 02/05/2018 --According to a new market research report " Spinal Implants Market By Technology (Fusion, Fixation, VCF, Decompression, Motion Preservation), Product (Thoracic, Lumbar, Cervical, Interbody, Kyphoplasty, Artificial Discs, MIS, Biologics, Stimulators)- Global Forecast to 2022", published by MarketDataForecast™, the market is expected to reach USD 17.28 Billion by 2022 from USD 13.35 Billion in 2017, at a CAGR of 5.3%.
The deformations formed during an accident are made normal by utilizing well designed spinal instruments that strengthen and stabilize the spine and facilitate fusion. Chrome steel or titanium-alloy are typically adapted to create spinal implants. Typically, non-metallic compounds are also used. Increase in the number of spinal disorder patients due to numerous reasons and advancements in spinal surgeries are the key factors driving the Spinal Implants Market.
Browse Market Data Tables and Figures spread through 178 Pages and in-depth TOC on "Spinal Implants Market"
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By Technology, the Spinal Implants Market is classified into Fusion, Fixation, VCF, Decompression, and Motion Preservation. By Product, the market is segmented into Thoracic, Lumbar, Cervical, Interbody, Kyphoplasty, Artificial Discs, MIS, Biologics, and Stimulators, it is further sub-segmented into Posterior Thoracic Fusion and Lumbar Fusion Devices, Interbody Thoracic Fusion and Lumbar Fusion Devices, Cervical Fusion Devices, Spine Biologics, Vcf Treatment Devices, Spinal Decompression, Non-Fusion Devices, and Spine Bone Stimulators
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Based on region, the Spinal Implants Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. North America is expected to dominate the Spinal Implants Market in 2016. While Asia-Pacific is anticipated to grow at a higher CAGR in the forecast period.
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Major players in the Spinal Implants Market include Medtronic, plc (Ireland), DePuy Synthes (U.S.), Stryker Corporation (U.S.), NuVasive, Inc. (U.S.), Zimmer Biomet Holdings, Inc. (U.S.), Globus Medical, Inc. (U.S.), Alphatec Holdings, Inc. (U.S.), Orthofix International N.V. (Netherlands), K2M Group Holdings, Inc. (U.S.), and RTI Surgical, Inc. (U.S.).
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