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Spinal Implants and Spinal Devices Market Worth USD 15.73 Billion in 2020

The Global Spinal Implants and Spinal Devices Market is expected to reach USD 15.73 Billion by 2020, growing at a CAGR of 5.6% from 2015 to 2020.

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Spinal Implants and Spinal Devices Market Worth USD 15.73 Billion in 2020

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  1. Spinal Implants and Spinal Devices Market Worth USD 15.73 Billion in 2020 www.MarketsandMarkets.com

  2. According to a new market research report "Spinal Implants and Spinal Devices Market - By Product (Thoracic, Lumbar, Cervical Fusion, Biologics, Motion Preservation, VCFs, Bone Stimulator), Technologies, Minimally Invasive Device, Decompression (Laminectomy, Corpectomy) - Global Forecast to 2020", published by MarketsandMarkets, The Global Spinal Implants and Spinal Devices Market is expected to reach USD 15.73 Billion by 2020, growing at a CAGR of 5.6% from 2015 to 2020. www.MarketsandMarkets.com

  3. Browse87 Tables and83 Figures spread through216 Pages and in-depth TOC on "Spinal Implants and Spinal Devices Market“ http://www.marketsandmarkets.com/Market-Reports/spine-surgery-devices-market-712.html Early buyers will receive 10% customization on reports. The spinal implants and spinal devices market, by technology, includes spinal fusion and fixation, vertebral compression fracture treatment, and motion preservation/non-fusion technologies. On the basis of products, the global spinal implants and spinal devices market is divided into six major segments, namely, thoracic fusion and lumbar fusion devices, cervical fusion devices, spine biologics, vertebral compression fracture treatment devices, motion preservation/non-fusion treatment devices, and spine bone stimulators. Bases on the type of surgery, the global spinal implants and spinal devices market is divided into two segments, namely, open surgery and minimally invasive surgery. The spinal decompression devices market, by type of procedure, covers discectomy, laminotomy/laminectomy, foraminotomy/foraminectomy, facetectomy, and corpectomy procedures.

  4. A number of factors such as rising incidence and prevalence of spinal disorders; development of technologically advanced, safer, and cost-effective spinal devices; global rise in the old age and obese population; and rising demand for minimally invasive spine surgery are fueling the growth of the spinal implants and spinal devices market. On the other hand, stringent regulatory guidelines for the approval of new medical devices, high procedural costs, and lack of adequate reimbursements in developing countries are restricting the growth of the global spinal implants and spinal devices market. As of 2015, North America is estimated to hold the largest share of the global spinal implants and spinal devices market, followed by Europe. However, the Asia-Pacific market is expected to grow at the highest CAGR of 8.2% from 2015 to 2020. www.MarketsandMarkets.com

  5. A number of factors, including rising healthcare expenditure in developing nations owing to growing income levels, increasing government funding, presence of a large patient population, rising obesity cases, and growing awareness on the newly developed spine treatment techniques and devices are propelling the growth of the spinal implants and spinal devices market in the Asia-Pacific region. However, challenges associated with this market, such as scarcity of expertise and trained healthcare workers and lack of adequate patient awareness restricts the market growth in this region. Medtronic, plc (U.S.), DePuySynthes (U.S.), Stryker Corporation (U.S.), NuVasive, Inc. (U.S.), Zimmer Biomet Holdings, Inc. (U.S.), Globus Medical, Inc. (U.S.), Alphatec Holdings, Inc. (U.S.), Orthofix International N.V. (Netherlands), K2M Group Holdings, Inc. (U.S.), and LDR Holding Corporation (U.S.) are the key players operating in the global spinal implants and spinal devices market.   www.MarketsandMarkets.com

  6. BrowseRelatedReports: Dental Implants and Prosthetics Market by Material (Titanium, Zirconium, PFM, All Ceramics), Stage (Two Stage, Single Stage), Connectors (External hexagonal) & Product Type (Crowns, Bridges, Dentures, Abutments) - Global Forecast to 2020 http://www.marketsandmarkets.com/Market-Reports/dental-implants-prosthetics-market-695.html Minimally Invasive Surgical Instruments Market by Product (Handheld Instruments, Guiding Device, Inflation Systems, Auxiliary Instruments, Cutter Instruments), Application (Cardiothoracic, Vascular Surgery, Cosmetic, Urological) - Global Forecast to 2019 http://www.marketsandmarkets.com/Market-Reports/minimally-invasive-surgical-instruments-devices-market-682.html www.MarketsandMarkets.com

  7. About Report Publisher: • MarketsandMarkets is the world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository. • Annual Market Research Reports Subscription -http://www.marketsandmarkets.com/Subscription.html • Contact: • Mr. Rohan • Markets and Markets • UNIT no 802, Tower no. 7, SEZ • Magarpatta city, Hadapsar • Pune, Maharashtra 411013, India • 1-888-600-6441 www.MarketsandMarkets.com

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