The global spinal osteosynthesis units market is with a predicted compound annual growth rate (CAGR) of 4.8% from 2023 to 2033, the company is expected to grow steadily. According to Future Market Insights, this trajectory is anticipated to drive the market value from a projected US$ 3,075.3 million in 2023 to a noteworthy US$ 4,927.2 million by 2033.
Initiate In-Depth Research With Your Sample:
https://www.futuremarketinsights.com/reports/sample/rep-gb-9583
This growth is primarily driven by a rise in spinal surgeries to address various spinal conditions.
Spinal Osteosynthesis Units: Addressing Spinal Deformities
Medical equipment called spinal osteosynthesis units are used to repair the spine during surgery. These units, which include the lumbar and thoracolumbar varieties, are essential for treating spinal abnormalities brought on by illnesses or trauma.
Market Drivers: Increasing Spinal Surgeries and Prevalence of Spinal Conditions
The market for spinal osteosynthesis units is fueled by several factors:
- Rising Number of Spinal Surgeries: The sharp rise in spine procedures is one of the main drivers. The increasing frequency of several spinal disorders, including spondylolisthesis, degenerative disc disease, fractures, scoliosis, and spine infections or malignancies, is the cause of this increase. Patients seek surgical remedies as a result of these problems, which can cause excruciating back pain and even spinal impairment. Thus, spinal osteosynthesis units become more and more necessary as surgical instruments.
- Growing Incidence of Spinal Conditions: Because of the aging of the world’s population, age-related spinal disorders such as lumbar spondylosis are on the rise. In addition, scoliosis and spinal fractures are becoming more common due to lifestyle choices and traumas. The need for spine osteosynthesis units is rising as a result of the increasing number of spinal procedures required due to this increased disease burden.
Our Methodology Overview:
https://www.futuremarketinsights.com/request-report-methodology/rep-gb-9583
Competitive Scenario:
Some of the prominent players profiled in the global market are-
- Medtronic
- Zimmer Biomet
- Stryker
- Johnson & Johnson
- RTI Surgical
- B. Braun
- NuVasive,
- Orthofix
- MicroPort
- Globus Medical
- Alphatec
- Xtant Medical
- Wego
- Integra LifeSciences
- Ulrich Medical
Recent Developments in the Spinal Osteosynthesis Units Market
- In May 2023, NuVasive, Inc., the leader in spine technology innovation, focused on transforming spine surgery with minimally disruptive, procedurally integrated solutions.
- In April 2023, Alphatec Holdings, Inc., a provider of innovative solutions dedicated to revolutionizing the approach to spine surgery, announced that it has acquired all assets related to the REMI Robotic Navigation System from Fusion Robotics, LLC, and a privately held medical technology company.
Key Segments Profiled in the Spinal Osteosynthesis Units Industry Survey
By Product Type:
- Thoracolumbar Osteosynthesis Unit
- Lumbar Spinal Osteosynthesis Unit
- Lumbosacral Osteosynthesis Unit
- Thoracolumbosacral Osteosynthesis Unit
- Occipitocervicothoracic Osteosynthesis Unit
- Cervical Thoracic Lumbo Sacral Osteosynthesis Unit
By Surgical Approach:
- Posterior
- Anterior
- Lateral
By Patient Type:
- Adult
- Pediatric
By End User:
- Hospital
- Specialty Clinic
- Others
By Region:
- North America
- Latin America
- Western Europe
- Eastern Europe
- Asia Pacific Excluding Japan
- Japan
- The Middle East and Africa
In-Depth Market Overview: Purchase Now to Access: https://www.futuremarketinsights.com/checkout/9583
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube