Global Spine Devices Market Poised for Rapid Surge at a CAGR of 7.90% during the Period 2017-2022
The scope of Fact.MR’s report is to analyze the global spine devices market for the forecast period 2017-2022 and provide readers an unbiased and accurate analysis. Medical device manufacturers, research institutes, and raw material suppliers in the global spine devices market can benefit from the analysis offered in this report. This report offers a comprehensive analysis, which can be of interest to leading trade magazines and medical journals pertaining to spine devices. The report commences with a brief information of the global spine devices market. This executive summary sets the tone for the rest of the report, providing users the scope of the report. The executive summary includes important facts and statistics on the global spine devices market.
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According to a new Fact.MR report, the global spine devices market is projected to reach US$ 8,348.2 million revenue by the end of 2022. The market is expected to witness robust growth during the forecast period 2017 to 2022. Implantable Polyetheretherketone (PEEK) is also gaining traction and has become one of the most common biomaterials used in spinal devices. Improving quality of care and ongoing research are also driving the global spine devices market.
Forecast Highlights on Global Spine Devices Market
1- North America is projected to remain dominant in the global spine devices market throughout the forecast period from 2017 to 2022. The market is anticipated to witness the robust growth, reaching close to US$ 2,900 million revenues by the end of 2022. Owing to the availability of healthcare infrastructure and increase in investment by the government to improve healthcare across the region, North America is expected to emerge as the biggest market for spine devices.
2- Asia Pacific Excluding Japan (APEJ) spine devices market is expected to experience impressive growth through 2022. The rise in a number of accidents resulting in spine injury, improving lifestyle and an aging population are some of the factors boosting the growth of APEJ spine devices market.
3- Spinal plates will emerge as one of the most-preferred spine devices. Towards the end of 2017, Spinal plates are projected to gain nearly one-fourth of the revenue share. Meanwhile, spinal screws will also witness healthy growth, reaching nearly US$ 1,500 million revenue by 2022 end.
4- Compared to orthopedic clinics as the end user of spine devices, hospitals will emerge as the biggest users of spine devices. Towards the end of 2022, Hospitals as the end user are projected to surpass US$ 5,600 million revenue. Hospitals are also expected to account for more than two-third revenue share on global revenues by the end of 2017.
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Table of Content
Global Spine Devices Market - Executive Summary
Global Spine Devices Market Overview 2.1. Introduction 2.1.1. Global Spine Devices Market Taxonomy 2.1.2. Global Spine Devices Market Definition 2.2. Global Spine Devices Market Size (US$ Mn) and Forecast, 2012-2022 2.2.1. Global Spine Devices Market Y-o-Y Growth 2.3. Global Spine Devices Market Dynamics 2.3.1. Drivers 2.3.2. Restraints 2.3.3. Trends 2.4. Supply Chain 2.5. Cost Structure 2.6. Pricing Analysis 2.7. Raw Material Sourcing Strategy and Analysis 2.8. Procedure Numbers By Region 2.9. Key Participants Market Presence (Intensity Map) By Region
Global Spine Devices Market Analysis and Forecast By Product 3.1. Global Spine Devices Market Size and Forecast By Product, 2012-2022 3.1.1. Spinal Rods Spine Devices Market Size and Forecast, 2012-2022 3.1.1.1. Revenue (US$ Mn) Comparison, By Region 3.1.1.2. Market Share Comparison, By Region 3.1.1.3. Y-o-Y growth Comparison, By Region 3.1.2. Spinal Screws Spine Devices Market Size and Forecast, 2012-2022 3.1.2.1. Revenue (US$ Mn) Comparison, By Region 3.1.2.2. Market Share Comparison, By Region 3.1.2.3. Y-o-Y growth Comparison, By Region 3.1.3. Spinal Hooks Spine Devices Market Size and Forecast, 2012-2022 3.1.3.1. Revenue (US$ Mn) Comparison, By Region 3.1.3.2. Market Share Comparison, By Region 3.1.3.3. Y-o-Y growth Comparison, By Region 3.1.4. Spinal Plates Spine Devices Market Size and Forecast, 2012-2022 3.1.4.1. Revenue (US$ Mn) Comparison, By Region 3.1.4.2. Market Share Comparison, By Region 3.1.4.3. Y-o-Y growth Comparison, By Region 3.1.5. Spinal Cages Spine Devices Market Size and Forecast, 2012-2022 3.1.5.1. Revenue (US$ Mn) Comparison, By Region 3.1.5.2. Market Share Comparison, By Region 3.1.5.3. Y-o-Y growth Comparison, By Region
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