The global Disposable Spinal Instruments Market Size was valued at approximately US$ 59.7 million in 2022, with demand predicted to expand at an 8.3% CAGR between 2022 and 2028, reaching a market value of US$ 96.5 million by 2028. This growth is being driven by the increasing prevalence of hospital-acquired diseases.
The growing popularity of minimally invasive techniques for routine surgeries, such as spinal fusion and lumbar decompression, is boosting the Disposable Spinal Instruments market. This tendency is expected to continue, providing the industry with great growth opportunities. Despite this growth potential, the global Disposable Spinal Instruments market accounts for only 0.5% of total global spinal instruments and devices sales.
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Because of the growing number of spinal fusion procedures performed globally, spinal fusion is expected to lead the Disposable Spinal Instruments market in 2022, accounting for 63.2% of the market share.
The expanding number of surgical procedures performed worldwide, combined with an ageing population and an increase in the prevalence of spine injuries and illnesses, has increased the risk of contamination. To eliminate this risk, surgeons are increasingly using disposable rather than reusable equipment, moving the disposable spinal tool market ahead.
Healthcare organisations’ efforts to improve global healthcare infrastructure, reduce healthcare-associated infections, and improve patient safety, such as WHO Patient Safety, are expected to generate profitable growth opportunities for the Disposable Spinal Instruments market over the forecast period.
Regional Insights:
What makes the United States a market leader in Disposable Spinal Instruments?
According to FMI, the United States will remain one of the most profitable markets for disposable spinal tools during the projection period. The growing number of minimally invasive spinal procedures, the existence of large medical device companies, an increase in spine injury incidents, a well-established healthcare infrastructure, and favourable reimbursement policies are driving the Disposable Spinal Instruments market in the United States.
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In the United States, the increasing frequency of spine surgeries has nearly doubled the prevalence of surgical site infections (SSI). According to National Healthcare Safety Network (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 must rely on disposable tools.
The use of disposable devices to improve patient safety will drive growth in the Disposable Spinal Instruments market in the United States. Furthermore, the ongoing introduction of new innovative items will assist to the expansion of the country’s market.
Growth Projection for the UK Disposable Spinal Instruments
Because of increased health awareness, an ageing population, and an increase in the prevalence of spine injuries and diseases, the market for Disposable Spinal Instruments in the United Kingdom is predicted to grow fast.
According to the Spinal Injury Association (SIA), approximately 2500 people are injured or diagnosed with a spinal cord injury in the United Kingdom each year. As a result, the number of spine injuries in the country has considerably grown. This is a major driving force in the disposable spinal tools industry 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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