Portland, OR -- (SBWIRE) -- 06/26/2017 -- Spine surgery devices are used in surgeries performed for treatment of spinal cord disorders, trauma, bleeding, tumors and others. These devices are used for the treatment of spinal disorders, such as spinal stenosis, cervical discopathy, spondylolisthesis, spinal fractures, scoliosis, and kyphosis. It aids in performing complex spinal implant surgeries with accuracy and precision.
Advancements in spine surgery technologies and growing incidences of spinal disorders are factors that fuel the growth in the Asia-Pacific spine surgery devices market. In addition, demand for minimally invasive surgical procedures supplements the growth. However, high cost of spine surgery and uncertainty in reimbursement are obstructing the growth in the market. On the other hand, increasing adoption rate in hospitals & surgery centers and increasing investments from manufacturing companies create opportunities in the market.
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The Asia-Pacific spine surgery devices market is segmented based on products, end user, and countries. The products covered in the report include non-fusion implants, spinal fusion & fixation devices, spine biologics, spine bone stimulators, and vertebral compression fracture treatment devices. The end users included in the report are hospitals, orthopedic clinic, and spine centers. The countries, such as China, India, Japan, Republic of Korea, and Australia would experience tremendous growth.
The prominent companies operating in the market are Alphatec Spine Inc., Biomet Inc., Depuy Synthes Companies, Globus Medical Inc., Integra Lifesciences Holdings Corporation, Medtronic Inc., Nuvasive Inc., Stryker Corporation, Zimmer Holding Inc., and Amedica Corporation. Mergers & acquisitions, partnerships, collaborations, expansions, joint ventures, agreements, new product launches, and others are some of the strategies adopted by prominent companies to gain stronghold in the market.
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ASIA-PACIFIC SPINE SURGERY MARKET KEY SEGMENTS
-Spinal Fusion & Fixation Devices
-Spine Bone Stimulators
-Vertebral Compression Fracture Treatment Devices
By End User
-Republic of Korea
-Alphatec Spine Inc.
-Depuy Synthes Companies
-Globus Medical Inc.
-Integra Lifesciences Holdings Corporation
-Zimmer Holding Inc.