Global Spine Surgery Medical Equipment Market is valued USD 75.32 Billion in 2019 and is projected is to exhibit 0.5% CAGR during the forecast period. The market is projected to be around USD 78 Billion by 2026. The market is driven by the increasing adoption rate of minimally invasive spinal surgeries, increasing incidences of obesity and degenerative spinal conditions.

The spinal devices market involves segments for traditional cervical, thoracolumbar fixation devices, vertebral compression fracture (VCF) treatment, motion preservation devices, and spinal electrical stimulation. The minimally invasive surgery (MIS) spinal implants market covers facet fixation, spinous process fixation, MIS interbody fusion, MIS pedicle screws, and MIS sacroiliac joint fusion. Check out our various spinal implant market reports below.
Spine Surgery Medical Equipment Market Dynamics
The factors that drive the growth of the spine surgery medical equipment market are such as increasing adoption rate of minimally invasive spinal surgeries, increasing incidences of obesity and degenerative spinal conditions, and increasing technological advancements in spinal surgery. These numbers are further supposed to increase with changing lifestyles and food consumption methods in developed countries. Along with the increase in spinal problems in obese populations is expected to boost the demand for the spine surgery medical equipment market.

Additionally, the increasing incidence of spinal disorders, technological developments in bone grafting products, increasing demand for minimally invasive surgical procedures, rising geriatric, and obese population are driving the growth of the spine surgery medical equipment market. Growing incidences of deteriorating disc diseases and rising orthopedic disorders are supposed to boost the demand for the spinal plates during the forecast period.
Spine Surgery Medical Equipment Market Insight
Based on the region, Asia-Pacific is expected to dominate the Spine Surgery Medical Equipment market. Advancement in healthcare facilities and increasing expenditure on healthcare has further expanded the demand for the market. Additionally, increased government funding is also motivating private investors to make huge investments in China’s healthcare system. Furthermore, the presence of a large patient population, growing income levels, and the rising prevalence of spinal disorders are driving the growth of the spinal implants and surgical devices market in China. Further, the growing prevalence of spinal cord injuries caused by road accidents falls, and violence has further raised the demand for spinal surgical devices.
Spine Surgery Medical Equipment Market Segmentation
The global Spine Surgery Medical Equipment Market is segmented into product type, application, and region. On the basis of the product type the market is divided into spine biologics, surgical spinal decompression, vertebral compression fracture treatment products, non-fusion, fusion. Based on application the market is segmented into hospital, ambulatory service centers, and orthopedic centers. And based on the geography the market is further segregated into North America, Latin America, Europe and Asia Pacific.
Spine Surgery Medical Equipment Market Competitive Landscape
The key players in Spine Surgery Medical Equipment Market are listed as Zimmer Biomet, Stryker Corporation, Depuy Synthes, Medtronic, Globus Medical Inc., Alphatec Spine Inc., Nuvasive Inc., Orthofix International N.V., K2M, Group Holdings Inc., Titan Spine, B. Braun Medical, Orthovita Inc., Amedica Corporation, Biomet Inc., RTI Surgical Inc., SeaSpine, Integra Lifesciences, Holdings Corporation, Smith & Nephew plc, and Other.