Transparency Market Research Report Added "Spinal Implants And Surgical Devices Market" to its database.
Albany, NY -- (SBWIRE) -- 10/12/2015 -- Most of the spinal conditions/disorders do not need surgeries but there are times when they cannot be avoided. In such surgical processes, specially designed spinal instruments are used to correct deformities, strengthen and stabilize the spine and facilitate fusion. Most of the spinal implants are generally made of metals such as stainless steel or titanium-alloy, whereas some are made of non-metallic compounds. This market is expected to have a moderate growth rate primarily due to increase in aging population coupled with number of patients suffering from chronic back pain, increased awareness resulting into adoption of newer and improved technologies by surgeons and patients and last but not the least advancement in technology. However, price concerns and unstable reimbursement policies are expected to restrain the growth of the market to a certain extent.
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The market is segmented on the basis of technology used such as fusion, spine biologics, non-fusion, products intended for vertebral compression fracture and spinal decompression. Each segment is divided into different categories for further cross sectional analysis. North America is one of the geographies that still continue to occupy a larger share of the market followed by Europe. On the other hand Asian countries represent faster growing regional markets, mainly due to the improving reimbursement policies, large population, growing awareness about new technologies and increased purchasing power of hospitals.
Some of the major players profiled in this report include Medtronic, Stryker Corporation, Pioneer Surgical, NuVasive, DePuy Spine, Globus Medical, K2M, Orthofix International, TranS1, Amedica, Zimmer, LDR Holdings, Biomet Spine, Exactech, Integra LifeSciences, Alphatec Spine, Orthovita and Synthes etc.
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Transparency Market Research (TMR) is a U.S.-based provider of syndicated research, customized research, and consulting services. TMR's global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others. Each TMR research report provides clients with a 360-degree view of the market with statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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