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The Spinal Intervention Market report offers in-depth insights, revenue details, and other vital information regarding the global spinal intervention market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2031.
The Spinal Intervention Market report offers insightful and detailed information regarding the various key players operating in the global spinal intervention market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint.
The global spinal intervention market report has been segmented on the basis of surgery type, procedure, and region.
Spinal Intervention Market Overview:
“The Spinal Intervention Market size is expected to be worth around US$ xx Billion by 2021 from US$ X.xx million in 2031, growing at a CAGR of X.x% during the forecast period 2021 to 2031.”
The spinal intervention provides minimally invasive treatment for spinal and nerve disorders.
The most frequently treated diseases are herniated discs, vertebral fracture, sciatica, arthritis of the spine, neuropathic or nerve pain in hands and legs, narrowing of the spinal canal, post-herpes neuralgia, trigeminal neuralgia, refractory pelvic pain, back or leg pain after back surgery, vascular diseases related pain, phantom limb pain, and terminal cancer pain, etc.
Major factors driving the growth of the global spinal intervention market include rising prevalence of neurological diseases, rising prevalence of spine and neck deformities caused by obesity, injuries, etc., and rising incidence of spondylolisthesis, degenerative disc disease, herniated discs, prolapsed intervertebral circle, and spinal stenosis.
In addition, the growth of the global spinal intervention market is driven by government funds and investments by major private players for the R&D of more advanced technologies.
However, the lack of highly qualified, skilled and experienced physicians, lack of patient awareness and high-cost involvement for surgery are factors expected to restrain the growth of the global spinal intervention market.
The market in North America is expected to dominate the global market and is expected to account for the highest market share in terms of revenue owing to the increasing number of spinal surgeries in countries in the region.
The market in Europe accounts for the second-highest revenue share contribution to the global industrial food dehydrator market followed by markets in the Asia Pacific, Latin America, and the Middle East & Africa respectively.
The market in the Asia Pacific is projected to witness the fastest growth in terms of revenue, owing to the growing geriatric population, stressful lifestyle, and injuries in countries in the region.
Market segmentation and key players operating the Global Spinal Intervention Market:
Global spinal intervention market by surgery type:
- Open Surgery
- Minimally Invasive Surgery
Global spinal intervention market by procedure:
- Facetectomy
- Discectomy
- Laminectomy
- Corpectomy
- Foraminectomy
Global spinal intervention market by region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn -
- Medtronic Inc.
- BioControl Medical Ltd.
- Boston Scientific Corporation
- Abbott Laboratories Ltd.
- Synapse Biomedical Inc.
- Zimmer Biomet Holdings Inc.
- Stryker Corporation
- Orthofix International N.V.
- Globus Medical Inc.
- DePuy Synthes Inc.
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