February 25, 2021
The research report titled ‘Spinal Surgery Devices Market: Global Market Analysis, Dynamics, Country Share, Trends, Competitor Analysis 2013 - 2017 and Forecast 2018 – 2025’, available with Market Study Report, illustrates the crucial factors such as predominant trends, driving forces, lucrative prospects, as well as challenges governing the growth trajectory and slowdown of the industry.
The report states that global spinal surgery devices market expansion is primarily driven by growing elderly and obese population, rising number of spine deformities, and inclination towards adopting MISS (minimally invasive spinal surgery) procedures. Moreover, technological advancements in spine surgery devices is also contributing to the overall market outlook.
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This research document elaborates on the top 10 nations, including Japan, Spain, the UK, the US, France, Italy, Germany, China, India, and Brazil, with important insights into worldwide spinal surgical devices industry. Key patterns are discussed in depth with respect to alliances, partnerships, licensing and production deals, merger and acquisition and distribution agreements.
Citing the regional landscape, Unites States is projected to hold 50% of global spinal surgery devices market share by 2025. Meanwhile, Japan is expected to become the second leading nation with considerable market share in 2017 and retaining its position in the coming years. China is also anticipated to emerge as a prominent revenue generator for worldwide spinal surgery devices market by 2025.
The study concludes with the profiles of key players in global spinal surgery devices market. The listed firms are assessed on the basis of various factors such as business profile, sales, and recent growth and developments.
Speaking of which, the major companies swaying global spinal surgery devices market dynamics are Stryker Corporation, Depuy Synthes, SeaSpine Holdings Corporation, K2M Group Holdings Inc., Orthofix International N.V., Alphatec Spine Inc., Nuvasive Inc., Zimmer Biomet, and Medtronic plc.