The global Disposable Spinal Instruments market sales valuation was held at around US$ 59.7 million in 2022, and the demand for these instruments is estimated to increase at a CAGR of 8.3% between 2022 and 2028, eventually reaching a market value of US$ 96.5 million by 2028. This growth is driven by the increasing prevalence of hospital-acquired infections.
The demand for Disposable Spinal Instruments is driven by the popularity of minimally invasive treatments for common surgeries, such as spinal fusion and lumbar decompression. This trend is expected to persist, providing significant growth opportunities for the market. However, despite this growth potential, the global Disposable Spinal Instruments market currently accounts for only 0.5% of total global spinal tools and devices sales.
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Spinal fusion is expected to dominate the Disposable Spinal Instruments market in 2022, accounting for 63.2% of the market share, due to the increasing number of spinal fusion procedures performed worldwide.
The rise in the number of surgical treatments performed worldwide, coupled with an aging population and an increase in the prevalence of spine injuries and illnesses, has increased the risk of contamination. To mitigate this risk, surgeons are increasingly using disposable equipment instead of reusable ones, driving the expansion of the disposable spinal instrument market.
Efforts by healthcare organizations like WHO Patient Safety to improve global healthcare infrastructure, reduce healthcare-associated infections, and improve patient safety are expected to create profitable growth opportunities for the Disposable Spinal Instruments market during the projected period.
Regional Insights:
What makes the United States a market leader in Disposable Spinal Instruments?
According to FMI, the United States will continue to be one of the most profitable markets for disposable spinal tools during the projection period. The increasing number of minimally invasive spinal surgeries performed, the heavy presence of leading medical device companies, the rise in spine injury accidents, well-established healthcare infrastructure, and the presence of favourable reimbursement policies are driving the Disposable Spinal Instruments market in the United States.
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The increase in the number of spinal surgeries in the United States has nearly increased the risk of surgical site infections (SSI). According to the National Healthcare Safety Network’s (NHSN) surveillance, an estimated 157,500 SSI infections occur in healthcare settings in the United States each year. As a result, surgeons and other medical personnel have been forced to use disposable tools.
The use of disposable devices to improve patient safety will drive the growth of the Disposable Spinal Instruments market in the United States. Furthermore, the ongoing introduction of new innovative items will boost the country’s market growth.
Growth Projection for the UK Disposable Spinal Instruments
The Disposable Spinal Instruments market in the United Kingdom is expected to grow rapidly due to rising health awareness, an ageing population, and an increase in the occurrence of spine injuries and diseases.
Every year in the United Kingdom, approximately 2500 persons are wounded or diagnosed with a spinal cord injury, according to the Spinal Injury Association (SIA). As a result, the number of spine injuries in the country has increased significantly. This is a primary driver driving the disposable spinal tools market in the United Kingdom.
Similarly, rising medical tourism and the presence of favourable legislation are driving the growth of the disposable spinal instrument market in the United Kingdom. Because of the presence of highly developed facilities, trained professionals, and higher success rates, a large section of the world’s population prefers to seek spine therapy in the United Kingdom.
Key Companies Profiled:
- ECA Medical
- Providence Medical Technology, Inc.
- Xenco Medical
- Paradigm Spine
- Intelligent Implant Systems, LLC,
- Safe Orthopaedics, SA
- TeDan Surgical Innovations, LLC
- Joimax GmbH
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Disposable Spinal Instruments Market by Category
By Product Type:
- Instrument Kits
- Cervical
- Lumbar
- Systems
By Procedure:
- Spinal Fusion
- Decompression Surgeries
By End User:
- Hospitals
- Orthopaedic Clinics
- Ambulatory Surgical Centers
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Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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