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The global interbody spine implants market is expected to grow from USD 2.33 billion in 2022 to USD 2.84 billion by 2030, at a CAGR of 2.55% from 2022-2030. The Asia Pacific interbody spine implants market is expected to grow the fastest during the forecast period.
Accidents or traumas can lead to moderate injuries or life-threatening ones. Sometimes, a chunk of tissue, a ligament, bone or tendon is fractured or broken during such injuries. Rebuilding these tendons, ligaments, and bones is impossible as they are crushed to pieces. The broken biological structure is replaced by a man-made implant, usually made of metal-based alloys, to keep the body standing or stable. Implants are also used to support or enhance existing biological structures other than replacing the actual ones. Implants are also used to deliver medication and monitor body functions. Interbody spine implants are the ones which are used to stabilize the vertebrate or bones, ligaments, tendons or cords of the spine. The interbody spine implants are inserted in the place of a missing bone or to stabilize the space between two vertebrate columns. The spine is the combination of bones, tendons, ligaments, spinal fluid and spinal cords that run from the neck to the tailbone. The spine is an extremely important body part which keeps the body upright and standing. It enables movement and allows flexibility to the body. Birth defects, diseases or injuries can cause deformities to the spine. It could cause lesions or bruises and broken bones. Interbody spine implants are a form of treatment used to restore the function of the sine and the integrity of biological spine structures. Interbody spine implants are administered to alleviate back pain or cure a deformity. They also treat spinal disorders like scoliosis, kyphosis, and degenerative disc diseases.
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November 2022 - The NuVasive Tube System (NTS) and Excavation Micro commercial launch was announced by NuVasive, Inc. NuVasive Inc., the leader in spine technology innovation, focused on transforming spine surgery with minimally disruptive, procedurally integrated solutions. The two new minimally invasive surgery (MIS) systems offer comprehensive solutions for both TLIF and decompression. The portfolio of NuVasive P360 now includes the Company's expanded access and instrumentation technology capabilities.
October 2022 - Acuity Surgical Devices, LLC has expanded the range of spinal devices in clinical use with HAnano Surface. They received regulatory clearance from the FDA through a 510(k) application for their additively made spinal interbody device portfolio. This is the second time a medical device with Nano Surface has received a special 510(k) FDA clearance, demonstrating the regulatory framework for a streamlined clearance procedure.
October 2022 – The FDA has approved the Focus family of Ti TLIF interbody devices from OC Spine. OC spine is a division of OC Medical Devices, a privately held medical device company focused on developing, producing, and commercializing spinal implants that address unmet clinical needs. These devices feature xCELLerate bioactive surface technology. The best spinal implants and instruments are provided by OC Spine and developed with surgeons' cooperation. They state that they create cutting-edge products made with German manufacturing accuracy. To improve patient outcomes, OC Spine strives to offer sterile implant solutions.
Drivers:
The increasing prevalence of spine disorders – The increasing geriatric population constitutes a significant proportion of the growing spine disorder population. Tumours, herniated discs, hematoma, degenerative disc diseases, abscesses and spinal stenosis are some common spine disorders in the geriatric population. The increasing number of accidents and trauma cases globally also leads to spinal injuries. The advancement in technology and access to advanced healthcare enables patients to opt for interbody spinal implants, which can be life-saving or improve their quality of life. The technological advancements combined with growing knowledge about the human body have enabled the scientific community to develop better treatment options for spinal disorders of conditions. The increasingly sedentary lifestyle, no exercise and a lack of nutritious diet have increased the proportion of youngsters in the global spine disorder patient pool. Therefore, the increasing prevalence of spine disorders will drive the market.
Restraints:
Interbody spine implants are expensive – The increasing incidence of spine disorders in low-and-middle-income countries represents a vast and potential consumer market for interbody spine implants. However, the low per capita healthcare expenditure in low-and-middle-income countries and incomplete fiscal healthcare coverage lead to high out-of-pocket expenditure, which is not feasible for most citizens. The vast patient pool in these countries will remain untapped, given the expensive nature of interbody spinal implants. Thereby hampering the market's growth.
Opportunities:
Technological advancements and Product innovations – The increasing government healthcare expenditure to improve the global healthcare infrastructure and advance medicine will contribute to the market’s future development. The investment in developing better implant materials to improve their application, functionality, and cost-effectiveness has recently garnered pace. Technological advancements have enhanced implant procedures to prolong patient's life and improve patient outcomes. The global interbody spine implants market is anticipated to develop in the coming years with the technological advancements and product innovations brought by increasing research and development expenditure.
Challenges:
Stringent regulatory approvals – Implant materials or innovations that improve spine implants must be approved after careful consideration. The trials and their results need to be scrutinized before they are granted authorization in hospitals. They are subjected to several stages and processes to ensure their safety, effectiveness and security as they are in a position to significantly impact the patient's body and life. Therefore, stringent regulatory approvals will challenge the growth of the market.
Regional segmentation analysis:
The regions analyzed for the market include North America, Europe, South America, Asia Pacific, the Middle East, and Africa. The North American region emerged as the most significant global interbody spine implants market, with a 42.55% market revenue share in 2022. The industry is growing due to the highly developed and comprehensive network of healthcare infrastructure and spending that guarantees last-mile delivery of healthcare services to every individual. The government's substantial per capita healthcare spending ensures affordable care to every citizen. Several government initiatives and helpful reimbursement policies also make interbody spine implants an accessible and affordable treatment option. If a patient chooses to have surgery, accessibility and affordability are assured by the existence of hospitals and favourable payment regulations. Additionally, major market players in the region with access to advanced technology and systems contribute to the development of the market. The market will expand due to the rising incidence of spine disorders. The sizeable geriatric population also influences the market. The Asia pacific interbody spine implants market is expected to grow the fastest during the forecast period, given the rising government healthcare infrastructure.
North America Interbody Spine Implants Market Share in 2022 – 42.55%
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Product type segment analysis
The product type segment is divided into lumbar and cervical. The cervical segment dominated the market with a revenue share of around 55% in 2022. Cervical spine injuries are more common than lumbar spine injuries. Cervical spine injuries are neck injuries, whereas lumbar spine injuries are related to lower back injuries. The neck's range of motion and sensitivity increases its risk of injury. Accidents, trauma or sports injuries are the common causes of cervical injuries. Cervical spine injuries can be life-threatening, and the neck needs to be stabilized as quickly as possible. Spine implants are highly effective, with a success rate of around 60%. Therefore, the cervical segment dominates the market and is expected to grow.
Material segment analysis
The material segment is divided into metal and PEEK. The metal segment dominated the market with a revenue share of around 56% in 2022. Cobalt, titanium, magnesium, tantalum and their alloys are the most common metal implants used in spine surgeries. Stainless steel, titanium alloys and cobalt chrome steels are medicine's most common metal implants. Metal implants have high strength and fracture toughness. They can last for years at a time. They offer stability to the injured spinal cords or bones. They are hard, which ensures that they won’t break under pressure. They are corrosion resistant, meaning they retain their state in the biological state of the human body. The biocompatibility of metallic implants makes them a highly popular choice. The multiple advantages and time-tested metal implants contribute to its market dominance.
End-user segment analysis
The end-user segment is divided into hospitals, speciality orthopaedic & spine centres, ambulatory surgical centres and others. The hospital segment dominated the market with a revenue share of around 49% in 2022. Hospitals are organizations that handle all aspects of healthcare administration. They serve as the first line of defence. Patients contact these organizations when they require medical attention. They provide services across several industries. They provide services on all spectrums, from surgical procedures to medicine prescriptions. Global surgical infrastructure will improve and advance due to rising healthcare spending, boosting the market and segment's growth.
Report Description:
| Attribute | Description |
|---|---|
| Market Size | Revenue (USD Billion) |
| Market size value in 2022 | USD 2.33 Billion |
| Market size value in 2030 | USD 2.84 Billion |
| CAGR (2022 to 2030) | 2.55% |
| Historical data | 2019-2020 |
| Base Year | 2021 |
| Forecast | 2022-2030 |
| Segments | The research segment is based on product type, material, and end-user. |
| Regional Segments | The regions examined for the market are Europe, Asia Pacific, North America, South America, and Middle East & Africa. |
As per The Brainy Insights, the size of the interbody spine implants market was valued at USD 2.33 billion in 2022 to USD 2.84 billion by 2030.
The global interbody spine implants market is growing at a CAGR of 2.55% during the forecast period 2022-2030.
The North American region emerged as the largest market for the interbody spine implants.
The increasing incidence of accidents and traumas affects the spine which will influence the market's growth.
1. Introduction
1.1. Objectives of the Study
1.2. Market Definition
1.3. Research Scope
1.4. Currency
1.5. Key Target Audience
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
4.1. Porter’s Five Forces Analysis
4.2. Value Chain Analysis
4.3. Top Investment Pockets
4.3.1. Market Attractiveness Analysis by Product Type
4.3.2. Market Attractiveness Analysis by Material
4.3.3. Market Attractiveness Analysis by End User
4.3.4. Market Attractiveness Analysis by Region
4.4. Industry Trends
5. Market Dynamics
5.1. Market Evaluation
5.2. Drivers
5.2.1. The increasing incidence of accidents and traumas affects the spine
5.3. Restraints
5.3.1. Interbody spine implants are expensive treatment options
5.4. Opportunities
5.4.1. Increasing expenditure to develop better implant material
5.5. Challenges
5.5.1. Stringent government guidelines and regulations
6. Global Interbody Spine Implants Market Analysis and Forecast, By Product Type
6.1. Segment Overview
6.2. Lumbar
6.3. Cervical
7. Global Interbody Spine Implants Market Analysis and Forecast, By Material
7.1. Segment Overview
7.2. Metal
7.3. PEEK
8. Global Interbody Spine Implants Market Analysis and Forecast, By End User
8.1. Segment Overview
8.2. Hospitals
8.3. Specialty Orthopedic & Spine Centers
8.4. Ambulatory Surgical Centers
8.5. Others
9. Global Interbody Spine Implants Market Analysis and Forecast, By Regional Analysis
9.1. Segment Overview
9.2. North America
9.2.1. U.S.
9.2.2. Canada
9.2.3. Mexico
9.3. Europe
9.3.1. Germany
9.3.2. France
9.3.3. U.K.
9.3.4. Italy
9.3.5. Spain
9.4. Asia-Pacific
9.4.1. Japan
9.4.2. China
9.4.3. India
9.5. South America
9.5.1. Brazil
9.6. Middle East and Africa
9.6.1. UAE
9.6.2. South Africa
10. Global Interbody Spine Implants Market-Competitive Landscape
10.1. Overview
10.2. Market Share of Key Players in the Interbody Spine Implants Market
10.2.1. Global Company Market Share
10.2.2. North America Company Market Share
10.2.3. Europe Company Market Share
10.2.4. APAC Company Market Share
10.3. Competitive Situations and Trends
10.3.1. Product Launches and Developments
10.3.2. Partnerships, Collaborations, and Agreements
10.3.3. Mergers & Acquisitions
10.3.4. Expansions
11. Company Profiles
11.1. B. Braun Melsungen AG
11.1.1. Business Overview
11.1.2. Company Snapshot
11.1.3. Company Market Share Analysis
11.1.4. Company Product Portfolio
11.1.5. Recent Developments
11.1.6. SWOT Analysis
11.2. Centinel Spine LLC
11.2.1. Business Overview
11.2.2. Company Snapshot
11.2.3. Company Market Share Analysis
11.2.4. Company Product Portfolio
11.2.5. Recent Developments
11.2.6. SWOT Analysis
11.3. Globus Medical Inc.
11.3.1. Business Overview
11.3.2. Company Snapshot
11.3.3. Company Market Share Analysis
11.3.4. Company Product Portfolio
11.3.5. Recent Developments
11.3.6. SWOT Analysis
11.4. Integra LifeSciences Corporation
11.4.1. Business Overview
11.4.2. Company Snapshot
11.4.3. Company Market Share Analysis
11.4.4. Company Product Portfolio
11.4.5. Recent Developments
11.4.6. SWOT Analysis
11.5. Johnson & Johnson
11.5.1. Business Overview
11.5.2. Company Snapshot
11.5.3. Company Market Share Analysis
11.5.4. Company Product Portfolio
11.5.5. Recent Developments
11.5.6. SWOT Analysis
11.6. Medtronic Plc
11.6.1. Business Overview
11.6.2. Company Snapshot
11.6.3. Company Market Share Analysis
11.6.4. Company Product Portfolio
11.6.5. Recent Developments
11.6.6. SWOT Analysis
11.7. NuVasive Inc.
11.7.1. Business Overview
11.7.2. Company Snapshot
11.7.3. Company Market Share Analysis
11.7.4. Company Product Portfolio
11.7.5. Recent Developments
11.7.6. SWOT Analysis
11.8. Otrhofix Medical Inc.
11.8.1. Business Overview
11.8.2. Company Snapshot
11.8.3. Company Market Share Analysis
11.8.4. Company Product Portfolio
11.8.5. Recent Developments
11.8.6. SWOT Analysis
11.9. Stryker Corporation
11.9.1. Business Overview
11.9.2. Company Snapshot
11.9.3. Company Market Share Analysis
11.9.4. Company Product Portfolio
11.9.5. Recent Developments
11.9.6. SWOT Analysis
11.10. Zimmer Biomet Holdings Inc.
11.10.1. Business Overview
11.10.2. Company Snapshot
11.10.3. Company Market Share Analysis
11.10.4. Company Product Portfolio
11.10.5. Recent Developments
11.10.6. SWOT Analysis
List of Table
1. Global Interbody Spine Implants Market, By Product Type, 2019-2030 (USD Billion)
2. Global Lumbar Interbody Spine Implants Market, By Region, 2019-2030 (USD Billion)
3. Global Cervical Interbody Spine Implants Market, By Region, 2019-2030 (USD Billion)
4. Global Interbody Spine Implants Market, By Material, 2019-2030 (USD Billion)
5. Global Metal Interbody Spine Implants Market, By Region, 2019-2030 (USD Billion)
6. Global PEEK Interbody Spine Implants Market, By Region, 2019-2030 (USD Billion)
7. Global Interbody Spine Implants Market, By End User, 2019-2030 (USD Billion)
8. Global Hospitals Interbody Spine Implants Market, By Region, 2019-2030 (USD Billion)
9. Global Specialty Orthopedic & Spine Centers Interbody Spine Implants Market, By Region, 2019-2030 (USD Billion)
10. Global Ambulatory Surgical Centers Interbody Spine Implants Market, By Region, 2019-2030 (USD Billion)
11. Global Others Interbody Spine Implants Market, By Region, 2019-2030 (USD Billion)
12. Global Interbody Spine Implants Market, By Region, 2019-2030 (USD Billion)
13. North America Interbody Spine Implants Market, By Product Type, 2019-2030 (USD Billion)
14. North America Interbody Spine Implants Market, By Material, 2019-2030 (USD Billion)
15. North America Interbody Spine Implants Market, By End User, 2019-2030 (USD Billion)
16. U.S. Interbody Spine Implants Market, By Product Type, 2019-2030 (USD Billion)
17. U.S. Interbody Spine Implants Market, By Material, 2019-2030 (USD Billion)
18. U.S. Interbody Spine Implants Market, By End User, 2019-2030 (USD Billion)
19. Canada Interbody Spine Implants Market, By Product Type, 2019-2030 (USD Billion)
20. Canada Interbody Spine Implants Market, By Material, 2019-2030 (USD Billion)
21. Canada Interbody Spine Implants Market, By End User, 2019-2030 (USD Billion)
22. Mexico Interbody Spine Implants Market, By Product Type, 2019-2030 (USD Billion)
23. Mexico Interbody Spine Implants Market, By Material, 2019-2030 (USD Billion)
24. Mexico Interbody Spine Implants Market, By End User, 2019-2030 (USD Billion)
25. Europe Interbody Spine Implants Market, By Product Type, 2019-2030 (USD Billion)
26. Europe Interbody Spine Implants Market, By Material, 2019-2030 (USD Billion)
27. Europe Interbody Spine Implants Market, By End User, 2019-2030 (USD Billion)
28. Germany Interbody Spine Implants Market, By Product Type, 2019-2030 (USD Billion)
29. Germany Interbody Spine Implants Market, By Material, 2019-2030 (USD Billion)
30. Germany Interbody Spine Implants Market, By End User, 2019-2030 (USD Billion)
31. France Interbody Spine Implants Market, By Product Type, 2019-2030 (USD Billion)
32. France Interbody Spine Implants Market, By Material, 2019-2030 (USD Billion)
33. France Interbody Spine Implants Market, By End User, 2019-2030 (USD Billion)
34. U.K. Interbody Spine Implants Market, By Product Type, 2019-2030 (USD Billion)
35. U.K. Interbody Spine Implants Market, By Material, 2019-2030 (USD Billion)
36. U.K. Interbody Spine Implants Market, By End User, 2019-2030 (USD Billion)
37. Italy Interbody Spine Implants Market, By Product Type, 2019-2030 (USD Billion)
38. Italy Interbody Spine Implants Market, By Material, 2019-2030 (USD Billion)
39. Italy Interbody Spine Implants Market, By End User, 2019-2030 (USD Billion)
40. Spain Interbody Spine Implants Market, By Product Type, 2019-2030 (USD Billion)
41. Spain Interbody Spine Implants Market, By Material, 2019-2030 (USD Billion)
42. Spain Interbody Spine Implants Market, By End User, 2019-2030 (USD Billion)
43. Asia Pacific Interbody Spine Implants Market, By Product Type, 2019-2030 (USD Billion)
44. Asia Pacific Interbody Spine Implants Market, By Material, 2019-2030 (USD Billion)
45. Asia Pacific Interbody Spine Implants Market, By End User, 2019-2030 (USD Billion)
46. Japan Interbody Spine Implants Market, By Product Type, 2019-2030 (USD Billion)
47. Japan Interbody Spine Implants Market, By Material, 2019-2030 (USD Billion)
48. Japan Interbody Spine Implants Market, By End User, 2019-2030 (USD Billion)
49. China Interbody Spine Implants Market, By Product Type, 2019-2030 (USD Billion)
50. China Interbody Spine Implants Market, By Material, 2019-2030 (USD Billion)
51. China Interbody Spine Implants Market, By End User, 2019-2030 (USD Billion)
52. India Interbody Spine Implants Market, By Product Type, 2019-2030 (USD Billion)
53. India Interbody Spine Implants Market, By Material, 2019-2030 (USD Billion)
54. India Interbody Spine Implants Market, By End User, 2019-2030 (USD Billion)
55. South America Interbody Spine Implants Market, By Product Type, 2019-2030 (USD Billion)
56. South America Interbody Spine Implants Market, By Material, 2019-2030 (USD Billion)
57. South America Interbody Spine Implants Market, By End User, 2019-2030 (USD Billion)
58. Brazil Interbody Spine Implants Market, By Product Type, 2019-2030 (USD Billion)
59. Brazil Interbody Spine Implants Market, By Material, 2019-2030 (USD Billion)
60. Brazil Interbody Spine Implants Market, By End User, 2019-2030 (USD Billion)
61. Middle East and Africa Interbody Spine Implants Market, By Product Type, 2019-2030 (USD Billion)
62. Middle East and Africa Interbody Spine Implants Market, By Material, 2019-2030 (USD Billion)
63. Middle East and Africa Interbody Spine Implants Market, By End User, 2019-2030 (USD Billion)
64. UAE Interbody Spine Implants Market, By Product Type, 2019-2030 (USD Billion)
65. UAE Interbody Spine Implants Market, By Material, 2019-2030 (USD Billion)
66. UAE Interbody Spine Implants Market, By End User, 2019-2030 (USD Billion)
67. South Africa Interbody Spine Implants Market, By Product Type, 2019-2030 (USD Billion)
68. South Africa Interbody Spine Implants Market, By Material, 2019-2030 (USD Billion)
69. South Africa Interbody Spine Implants Market, By End User, 2019-2030 (USD Billion)
List of Figures
1. Global Interbody Spine Implants Market Segmentation
2. Interbody Spine Implants Market: Research Methodology
3. Market Size Estimation Methodology: Bottom-Up Approach
4. Market Size Estimation Methodology: Top-Down Approach
5. Data Triangulation
6. Porter’s Five Forces Analysis
7. Value Chain Analysis
8. Global Interbody Spine Implants Market Attractiveness Analysis by Product Type
9. Global Interbody Spine Implants Market Attractiveness Analysis by Material
10. Global Interbody Spine Implants Market Attractiveness Analysis by End User
11. Global Interbody Spine Implants Market Attractiveness Analysis by Region
12. Global Interbody Spine Implants Market: Dynamics
13. Global Interbody Spine Implants Market Share by Product Type (2022 & 2030)
14. Global Interbody Spine Implants Market Share by Material (2022 & 2030)
15. Global Interbody Spine Implants Market Share by End User (2022 & 2030)
16. Global Interbody Spine Implants Market Share by Regions (2022 & 2030)
17. Global Interbody Spine Implants Market Share by Company (2021)
This study forecasts revenue at global, regional, and country levels from 2019 to 2030. The Brainy Insights has segmented the global interbody spine implants market based on below-mentioned segments:
Global Interbody Spine Implants Market by Product Type:
Global Interbody Spine Implants Market by Material:
Global Interbody Spine Implants Market by End User:
Global Interbody Spine Implants Market by Region:
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