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Global Spinal Surgery Device Market Press Release

The global spinal surgery device market is estimated to garner a revenue of ~ USD 19 billion by the end of 2033 by growing at a CAGR of ~5% over the forecast period, i.e., 2023 u2013 2033.

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Global Spinal Surgery Device Market Press Release

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  1. Global Spinal Surgery Device Market to be Propelled by the Wide Prevalence of Spinal Cord Injury (SCI) Worldwide, and the Growing Presence of Geriatric Population by CAGR of ~5% During 2023 – 2033 Kenneth Research published a report titled “Spinal Surgery Device Market: Global Demand Analysis & Opportunity Outlook 2033” which delivers detailed overview of the global spinal surgery device market in terms of market segmentation by product type, technology, surgery type, end use, and by region. Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the market. The global spinal surgery device market is expected to hold a revenue of ~ USD 19 billion by 2033, growing from ~ USD 13 billion in 2022. The market growth can be attributed to the prevalence of spinal cord injuries, the growing geriatric population, the obese population, incidences of road accidents, and automation in the medical field.

  2. The global spinal surgery device market is expected to grow at a CAGR of ~5% from 2023-2033. The market is segmented by surgery type into open surgery and minimally invasive surgery. Between these, the minimally invasive surgery segment is anticipated to hold the largest market share by the end of 2033, owing to the short hospital stay, lesser surgical scars, faster recovery, and cost-effectiveness. For more information’s@https://www.kennethresearch.com/report-details/spinal- surgery-device-market/10352487 The global spinal surgery device market is divided into five major regions, including North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The market in North America is projected to hold the largest market share by the end of 2033, backed by the prevalence of SCIs in the region, health reimbursements, presence of key players, and adoption of new technologies. The research is global in nature and covers detailed analysis on the market in North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East and Africa). In addition, analysis comprising market size, Y-O-Y growth & opportunity analysis, market players’ competitive study, investment opportunities, demand for future outlook etc. has also been covered and displayed in the research report. Large Presence of Geriatric Population to Boost the Market Growth World Health Organization (WHO) has projected the global population of people over 60 years of age to reach ~2 billion by 2050. Spinal cord injuries in the aged happen from falls and other reasons, including medication, tumors, and infections. Minimally

  3. invasive surgeries for spinal cord injuries can be especially beneficial for the aged as it ensures few postoperative risks, minimum blood loss, fast recovery, and more. However, the high cost of the surgical procedure, lack of favorable healthcare policies, and risks associated with spinal fusion surgeries are expected to operate as key restraints to the growth of the global spinal surgery device market over the forecast period. This report also provides the existing competitive scenario of some of the key players of the global spinal surgery device market which includes company profiling ofStryker Corporation, RTI Surgical, Inc., NuVasive, Inc., Zimmer, Inc., Boston Scientific Corporation, B. Braun Melsungen AG, Abbott Laboratories, Orthofix Medical Inc., Globus Medical, Inc., ulrich GmbH & Co. KG, and others. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global spinal surgery device market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future. Request Report Sample@ https://www.kennethresearch.com/sample-request- 10352487 Kenneth Research is a leading service provider for strategic market research and consulting. We aim to provide unbiased, unparalleled market insights and industry analysis to help industries, conglomerates and executives to take wise decisions for their future marketing strategy, expansion and investment etc. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds. Our out of box thinking helps our clients to take wise decision in order to avoid future uncertainties. Contact for more Info: AJ Daniel

  4. Email: sales@kennethresearch.com U.S. Phone: +1 313 462 0609

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