Disposable Spinal Instruments Market

Disposable Spinal Instruments Market: The Distinct ‘Advantage’ Over Reusable Kits: Global Industry Analysis (2014 - 2018) and Forecast (2019 - 2029)

  • 2019-04-19
  • REP-GB-6890
  • 52 Tables
  • 213 Figures
  • 263 pages
  • Format: PDF/PPT/Excel
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Disposable Spinal Instruments – Leading the Way in Preventing HAIs, Reducing Errors

Disposables lead the way in combating the surgical site infections post-spine surgeries, complemented by the focus of hospitals on implementing system-wide programs that include individualized treatment algorithms and preoperative decolonization programs. Disposable spine instruments have emerged as a boon for surgeons and affected patients alike, curtailing the risks of mortality and morbidity, while improving outcomes and reducing cost.

Top Factors Shaping the Disposable Spinal Instruments Market

Increase in the Number of Outpatient Surgeries

Increasing number of outpatient procedures is among the economic variables affecting the spine market. A rapid shift from inpatient to outpatient surgeries for spine-related diseases is expected to create a high growth potential for disposable spinal instruments in the near future. The number of spinal surgeries is increasing with growing awareness among surgeons about cost-effective treatments. Besides, the availability of reimbursement guidelines for outpatient surgeries is also expected to fuel the disposable spinal instruments market. Furthermore, increase in the number of end users, such as ambulatory surgical centres, in under-developed and developing countries has boosted the number of outpatients surgeries, which is also expected to boost the overall market for disposable spinal instruments.

Recent Developments in the Orthopaedic Industry

The development of spine devices continues to evolve, and this has a significant impact on patient care. Currently, all the major manufacturers are expanding their product portfolios to provide a variety of complete offerings. Major companies are positioning themselves to compete in the spine market through acquisitions as well product development. Growth in the number spinal surgeries and the growing adoption of new technologies has led to the growing demand for disposable spinal instruments, which is expected to create several opportunities in the disposable spinal instruments market during the forecast period.

Favorable Reimbursement Landscape

The inpatient and outpatient reimbursement rates for spine procedures are projected to increase significantly during the forecast period. As the number of outpatient procedures is expected to grow in the coming years, medical coverage companies have expanded their reimbursement policies. As the cost of spinal surgeries continues to grow, physicians and hospitals need to pay attention to nuances, such as utilisation management, physician documentation, billing practices, and coding, to ensure the optimal and accurate reimbursement for spinal procedures.

Disposable Spinal Instruments Market Structure Analysis

  • The global disposable spinal instruments market represents a consolidated competition landscape.
  • Top companies in the disposable spinal instruments market include ECA Medical, Xenco Medical, and Providence Medical Technology, Inc.
  • While majority of the key companies in the global disposable spinal instruments market maintain a strategic focus on the North America and Europe region, the report highlights that technology assessment in disposable spinal instruments will be an important developmental strategy for companies.
  • Leading players in the disposable spinal instruments market are also concentrating on the rising disposable trend, whereas cost-competitiveness will prevail as a strong differentiation strategy.
  • Growing companies in the disposable spinal instruments market, such as Paradigm Spine and Safe Orthopaedics, SA, are aiming at launching new and innovative products in their product portfolios as well as engaging in collaborations and acquisitions as their expansion strategy.
  • The number of international distributors is increasing at a rapid pace in the disposable spinal instruments market.

Market Set to Grow 2.2X between 2019 and 2029

Healthcare providers are embracing disposable products as safer, effective, and economic alternatives to reusable counterparts, with the focus on preventing infection and cross-contamination. As the healthcare industry moves toward outcome-based models, usage of sterilization equipment and individual packaging continue to gain centerstage – complementing the already growing traction of disposables.

Emerging Countries – Second Wave of Growth

North America and Europe lead the way in the disposable spinal instruments landscape, however, emerging markets are expected to hold high growth potential moving forward. Growing number of spinal surgeries and high adoption of minimally invasive spine technologies has significantly upheld the sales of disposable spinal instruments in these markets, along with the acceptance of sustained-release drug-delivery products among healthcare settings.

The Broader Perspective

As the healthcare sector continues to evolve, while hospitals are prompted to manage budget stringency and maintain low infection rates, the market stakeholders are focusing on the development of surgical devices that succour keeping bottom lines lower and minimize risks. Several OEMs currently have robust development pipelines that aim at disposable spinal instruments landscape, which is creating opportunities for responsive contract manufacturing firms to offer requirement-specific solutions.

Disposable spinal instrument kits remain top-selling category, with over two-third market shares

Adoption ofpedicle screw systems will continue to be relatively lower

Spinal fusion remains preferred surgical procedure, as disposable spinal instruments play a vital role in maintaining sterilization in these procedures

Decompression surgeries will continue to account for lower shares of the disposable spinal instrument landscape

Hospitals remain the leading end-users of disposable spinal instruments, being the first preference of care among patients

Orthopaedic clinics will also account for significant shares of the disposable spinal instruments landscape

Adoption in ambulatory surgical centres will grow at a relatively higher rate, however gains are expected to remain comparatively low

How Growth will Unfold

Traction of the disposable spinal instruments continues to grow as low-cost, and reduced-risk solutions, aiding the efforts of care providers on improving patient outcomes. Stakeholders are investing in advancing their product designs and expanding their additive manufacturing capabilities.

Hospitals | Orthopaedic Clinics | Ambulatory Surgical Centres

 Disposable Spinal Instruments Market  Disposable Spinal Instruments Market  Disposable Spinal Instruments Market

* This data is only a representation. Actual data may vary and will be available in report.

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Overview

Disposable Spinal Instruments Market Global Industry Analysis 2014-2018 and Opportunity Assessment 2019-2029

A recent market study published by FMI “Disposable Spinal Instruments Market Global Industry Analysis 2014-2018 and Opportunity Assessment 2019-2029” offers a comprehensive assessment of the most important market dynamics. After conducting thorough research on the historic as well as current growth parameters of the disposable spinal instruments market, the growth prospects of the market are obtained with maximum precision.

Disposable Spinal Instruments Market Taxonomy

The global disposable spinal instruments market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach in front of the reader.

By Product Type

  • Instrument Kits
    • Cervical
    • Lumbar
  • Systems

By Procedure

  • Spinal Fusion
  • Decompression Surgeries

By End User

  • Hospitals
  • Orthopaedic Clinics
  • Ambulatory Surgical Centers

By Region

  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • Oceania
  • Middle East & Africa

What's Included

The report commences with the executive summary of the disposable spinal instruments market, which includes a summary of the key findings and key statistics of the market. It also includes the market value (US$ million) estimates of the leading segments of the disposable spinal instruments market.

Readers can find the detailed taxonomy and the definition of the disposable spinal instruments market in this chapter, which will help them understand the basic information about the disposable spinal instruments market. This section also highlights the inclusions and exclusions, which helps the reader understand the scope of the disposable spinal instruments market report.

The report provides key market trends that are expected to impact the market growth significantly during the forecast period. Detailed industry trends are provided in this section, along with key market development or product innovations.

This section includes the key inclusions of the report. It includes reimbursement scenario and epidemiology of spinal cord injuries, which could be necessary for the market expansion.

This section highlights the average price of disposable spinal instruments kits and pedicle screw systems in the different region throughout the globe. The pricing benchmark for manufacturer level pricing and distributor level pricing is analyzed in this section

This section explain the global market value analysis and forecast for the disposable spinal instruments market between the forecast periods of 2013-2027 is highlights in this section. This chapter includes the detailed analysis of the disposable spinal instruments market along with an opportunity analysis of the future. Readers can also find the absolute opportunity for the current year (2018 – 2019), and an incremental opportunity for the forecast period (2018 – 2019).

This chapter explains the key macro-economic factors that are expected to influence the growth of the disposable spinal instruments market over the forecast period. Along with macroeconomic factors, this section also highlights the opportunity analysis for the disposable spinal instruments market. This chapter also highlights the key market dynamics of the disposable spinal instruments market, which include the drivers, restraints and trends. Moreover, readers will understand the key trends followed by the leading manufacturers in the disposable spinal instruments market.

Based on modality, the disposable spinal instruments market is segmented into instrument kits and systems. Instrument kits are further segmented into cervical kits and lumbar kits. In this chapter, readers can find information about the key trends and developments in the disposable spinal instruments market and market attractiveness analysis based on the product type.

Based on procedure, the disposable spinal instruments market is segmented into Spinal Fusion and Decompression Surgeries. In this chapter, readers can find information about the key trends and developments in the disposable spinal instruments market and market attractiveness analysis based on service.

This chapter provides details about the disposable spinal instruments market on the basis of end user, and has been classified into Hospitals, orthopaedic clinics and ambulatory surgical centres. In this chapter, readers can understand the market attractive analysis based on end user.

This chapter explains how the disposable spinal instruments market will grow across various geographic regions, such as North America, Latin America, Europe, East Asia, South Asia, Oceania, the Middle East & Africa (MEA)

This chapter includes a detailed analysis of the growth of the North America North America, along with a country-wise assessment that includes the U.S. and Canada.

Readers can find detailed information about several factors, such as the pricing analysis, which are impacting the growth of the Latin America. This chapter also includes the growth prospects of the disposable spinal instruments market in the leading LATAM countries such as Brazil, Mexico, and the Rest of Latin America.

Important growth prospects of the disposable spinal instruments market based on its end users in several countries, such as Germany, the UK, France, Spain, Italy, Russia and the Rest of Europe, are included in this chapter.

India, Indonesia, Thailand, Malaysia are the leading countries in the South Asia region that are the prime subjects of assessment to obtain the growth prospects of the South Asia disposable spinal instruments market in this chapter. Readers can find detailed information about the growth parameters of the South Asia disposable spinal instruments market during the period 2018–2028.

This chapter highlights the growth of the disposable spinal instruments market in the East Asia by focusing on China, Japan and South Korea. This section also helps readers understand the key factors that are responsible for the growth of the disposable spinal instruments market in East Asia.

In this chapter, Australia and New Zealand are among the leading countries in the Oceania region, which are the prime subjects of assessment to obtain the growth prospects of the Oceania disposable spinal instruments market.

This chapter provides information about how the disposable spinal instruments market will grow in the major countries in the MEA region, such as GCC Countries, South Africa, Turkey, Northern Africa and the rest of MEA, during the forecast period 2019 - 2029.

In this chapter, readers can find a detailed information about the tier analysis and market concentration of the key players in disposable spinal instruments market along with their market presence analysis by region and product portfolio.

In this chapter, readers can find a comprehensive list of all the leading stakeholders in the disposable spinal instruments market, along with detailed information about each company, which includes the company overview, revenue shares, strategic overview, and recent company developments. Some of the market players featured in the report are ECA Medical, Providence Medical Technology, Inc., Joimax GmbH, Xenco Medical, Intelligent Implant Systems, LLC, Safe Orthopaedics, SA, Paradigm Spine and TeDan Surgical Innovations, LLC

This chapter includes a list of acronyms and assumptions that provide a base to the information and statistics included in the disposable spinal instruments market report.

This chapter helps readers understand the research methodology followed to obtain the various conclusions as well as important qualitative and quantitative information about the disposable spinal instruments market.

How the research was conducted?

Primary Research

  • C - Level Executives
  • Marketing Directors
  • Sales Heads
  • Portfolio Managers
  • Purchasing Managers
  • Medical Officers
  • Device Development Heads
  • Strategy Advisors
  • R&D Managers

 

  • Product Manufacturers
  • Distributors
  • Component Suppliers / OEMs
  • Hospital Purchasing Departments
  • Physicians / Nursing Managers
  • Industry Experts

   

  • Current Market Dynamics and Challenges
  • Market Characteristics
  • Market Performance and Growth Quadrants
  • Competition Structure and Market Structure
  • Strategic Growth Initiatives
  • Product Adoption, Installed Base, Replacement Cycles, Refurbishment
  • Regulatory Landscape
  • Products in Pipeline and Clinical Development
  • Near-term and Long-term Market Growth Prospects
  • Market Segment Splits and Authenticity
  • Opinions on Market Projections and Validity of Assumptions

Secondary Research

  • Industry Magazines
  • Factiva
  • American Association of Neurological Surgeons
  • American College of Rheumatology
  • Spinal Injuries Association
  • United Spinal Association
  • American Spinal Injury Association
  • Company Press Releases
  • Annual Reports and Investor Presentations
  • Peer-reviewed Journals
  • Government Websites and Publications
  • Trade Websites
  • Clinical Trial Registries
  • Country-specific Regulatory Authorities

World Bank, WHO, IMF, OECD

Primary Interview Splits

Primary Research Interview Splits

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