Minimally invasive spinal technologies are used to treat the spinal disorders. Minimal invasive spinal surgeries are gaining importance over the years owing to their benefits minimal incisions on the body, avoids damage to the spinal muscles, fewer pain conditions, and speedy recovery. Minimally invasive spinal surgery is also called as less invasive spinal surgery. Minimally invasive surgery procedures are commonly are preferred when medication therapy and physical treatments were not successful in treating the back pain conditions. To treat back pain conditions, the physician has to make long incisions on the body, and they have to move the muscles to the side to access the spine to treat spinal conditions. The major drawbacks of the open surgery are by pulling the muscles during the operation it will create pressure on the surrounding muscles. In some instances, it causes muscle injury due to that patients might feel pain after the surgery and leads to lengthy recovery. To overcome the problems above minimally, invasive spinal surgeries are performed. Minimally invasive spinal surgeries will create small incisions on the body, and they will not create much pressure on the spinal muscles and helps in faster recovery. According to the research article, every year around 2,50,000 lumbar spine surgeries are performed in the U.S. Minimally invasive spine techniques are mostly used to treat lumbar degenerative diseases, fracture, infection, instability, disc herniation and tumors conditions.
Minimally Invasive Spine Technologies Market: Drivers and Restraints
The global market for minimally invasive spine technologies market is expected to be driven by the fewer incisions on the body, increase in aging population and increase in back pain population. According to British Orthopaedic Association, around 70,000 procedures are done for low back pain in England in 2010-2011, among them 67,000 procedures are facet joint injections. Growing interest towards the minimally invasive procedures will boost the market over the forecast period 2016-2026. Decrease in reimbursements for minimally invasive spine procedures over open spine procedure might hinder the growth of this market during the forecast period.
Minimally Invasive Spine Technologies Market: Overview
Less invasiveness and new products that are improving the quality of life would increase growth opportunities for the minimally invasive spine technologies market. Earlier, the majority of minimally invasive spine surgeries in Hospitals and Orthopedic Clinics. However, patients are increasing over the years to conduct minimal invasive spine procedures in ambulatory surgical centers. The increase in degenerative spinal disorders over the years are also boosting the growth of this market over the forecast period.
Minimally Invasive Spine Technologies Market: Regional Overview
Region-wise, the minimally invasive spine technologies market is classified into regions namely, North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific, Japan, Middle East and Africa. North America dominated the global market for minimally invasive spine technologies due to increasing in spinal procedures at ambulatory surgical centers, and new products launches are boosting the growth of this market over the forecast period.
Minimally Invasive Spine Technologies Market: Players
Some of the players in minimally invasive spine technologies market include NuVasive, Medtronic, DePuy Synthes, Globus Medical and Stryker Corporation.
The report covers exhaustive analysis on:
- Market Segments
- Market Dynamics
- Market Size
- Supply & Demand
- Current Trends/Issues/Challenges
- Competition & Companies involved
- Value Chain
Regional analysis includes
- North America (U.S., Canada)
- Latin America (Mexico, Brazil)
- Western Europe (Germany, Italy, U.K, Spain, France, Nordic countries, BENELUX)
- Eastern Europe (Russia, Poland, Rest Of Eastern Europe)
- Asia Pacific Excluding Japan (China, India, ASEAN, Australia & New Zealand)
- Middle Eastand Africa (GCC, S. Africa, N. Africa, Rest Of MEA)
The report is a compilation of first-hand information, qualitative, and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Minimally Invasive Spine Technologies Market: Segmentation
The global minimally invasive spine technologies market is classified on the basis of technique type, end user, and geography.
Based on technique type, the minimally invasive spine technologies market is segmented into the following:
- Percutaneous Pedicle Screw-Rod Fixation
- Translaminar and Transfacet Screws
- Transsacral Fixation
- Cervical Fixation
Based on treatment, the minimally invasive spine technologies market is segmented into the following:
- Degenerative disc disease
- Herniated disc
- Lumbar spinal stenosis
- Spinal deformities such as scoliosis
- Spinal infections and instability
- Spinal tumors
- Vertebralcompression fractures
Based on end user, the minimally invasive spine technologies market is segmented into the following:
- Orthopedic Clinics
- Ambulatory Surgical Centers
- Detailed overview of parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint.
Market Research Methodology - Perfected through Years of Diligence
A key factor for our unrivaled market research accuracy is our expert- and data-driven research methodologies. We combine an eclectic mix of experience, analytics, machine learning, and data science to develop research methodologies that result in a multi-dimensional, yet realistic analysis of a market.