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Home » Healthcare » Spinal Fusion Devices Market Size, Global Industry Report, 2030

Spinal Fusion Devices Market By Product (Thoracolumbar Devices (Anterior Lumbar Plates, Pedicle Screw and Rods, Others), Cervical Fixation Devices (Anterior Cervical Plates, Hook Fixation Systems, Others), Interbody Fusion Devices), By Disease Type (Degenerative Disc, Complex Deformity, Trauma & Fractures, Others), By Surgery (Open Spine Surgery, Minimally Invasive Spine Surgery), By End-User (Hospitals, Speciality Clinics, Others), By Size, Share, Growth, Global Industry Analysis Report, Forecast, 2021-2030

Published On: Jun-2022   |   Base Year: 2021   |   No Of Pages: 140   |   Historical Data: 2017 - 2020   |   Formats: PDF   |   Report ID: 77989482

Report DescriptionTable of Contents

Industry Statistics and Insights

The global spinal fusion devices market will witness a robust CAGR of 3.83%, valued at $6.86 billion in 2021, expected to appreciate and reach $9.63 billion by 2030, confirms Strategic Market Research. North America has the largest industry size, with a revenue share of over 41% in 2020. Spinal fusion is a surgery in which a surgeon permanently connects two vertebrae in the spine, eliminating motion between them. Spinal fusion generally uses a fluoroscopic C-Arm device, pedicle screws, and anterior interbody cages or spacers. Two types of spinal fusion surgery are performed worldwide – posterolateral gutter fusion and lumbar fusion. Spinal fusion surgeries are frequently performed worldwide. According to a study, 1.62 million spinal surgeries are performed annually in the United States of America. Around 350,000 lumbar interbody fusion surgeries are performed every year in the country. 85.5% of the performed lumbar interbody fusion surgeries were anterior, while the rest were posterior.

The first spinal surgery was recorded in the 7th century. In 1908, the first lumbar surgery was performed. Spinal fusion became a common surgical procedure in 1941. In 1985, disc decompression was achieved by partially removing disc material through the skin. In 1986, instruments that were used in eye surgery were redesigned for minimally invasive spine procedures. The first laser spinal surgery was done in 1990, and the precision of the laser used in spinal surgery was improved in 1992. Spinal fusion relieves pain to patients who do not respond well to traditional treatment methods. A patient’s unstable spine can be stabilized by spinal fusion. The procedure could help individuals perform certain activities they could not do before the surgery. It can treat various conditions like scoliosis, degenerative disc, etc., and has a high success rate.

 

Overall Market share of the global Spinal Fusion Device Market

 

Market Drivers - The increasing presence of Spinal Disorders, Emergence of Robotic Spinal Fusion Surgeries

  • The number of patients suffering from spinal disorders increases due to various lifestyle factors like diet and smoking. According to the NCBI, 28.1% of the population in the world suffers from spinal disorders. 53.1% reported lumbar spine disorders, while 27.1% reported cervical spine disorders. The spinal fusion devices segment trend has shifted positively due to a rising geriatric population and an increase in people who suffer from spinal disorders.

 

  • The increased usage of surgical robots for spinal fusion helps shift the global spinal fusion devices market trends upwards. Surgical robots have a greater success rate when performing minimally invasive surgery, which increases their demand. According to a study, for a minimally invasive transforaminal lumbar interbody fusion, the success rate ranges from 60% to 70%, with 80% of patients satisfied with the procedure. For a MI PLIF (posterior lumbar interbody fusion) procedure, the procedure is 90% to 95% successful.

 

Restraints

  • The high costs of surgery and the instruments hinder the industry growth to a great extent. Spinal fusion surgeries generally cost from $14,000 to $150,000. According to an NCBI study, anterior lumbar interbody fusion costs around $ 76,000, while posterior or transforaminal lumbar interbody fusion costs $ 66,000. The spinal fusion devices have high costs. The need to purchase support instruments for spinal fusion hinders the growth.

 

Opportunities - New Surgery Methods

  • New surgical methods can help boost spine surgery products, spinal non-fusion devices, and spinal fusion devices. Different types of spinal surgeries like posterolateral gutter fusion surgery, PLIF(posterior lumbar interbody fusion) surgery, transforaminal lumbar interbody fusion (TLIF) surgery, anterior/posterior lumbar fusion surgery, and anterior lumbar interbody fusion (ALIF) surgery can be used to treat isthmic spondylolisthesis, spinal stenosis, fractures, and tumors, which are rising in plethora in recent years. According to a study, spinal stenosis affects 8 to 11% of the American population, with 2.4 million Americans expected to be diagnosed with the disease in 2021. Spinal stenosis commonly affects people over 50 years old. Multilevel spinal fusion, minimally invasive spinal fusion and Endoscopic ETDIF can also be possible with the advent of new technology.

 

End-user covered in the Spinal Fusion Device market

 

Market Analysis Of Different Segments Covered in the Report

Based on Product

  • Thoracolumbar Devices    

    • Anterior Lumbar Plates

    • Pedicle Screw and Rods

    • Others

  • Cervical Fixation Devices  

    • Anterior Cervical Plates

    • Hook Fixation Systems

    • Others

  • Interbody Fusion Devices 

 

Based on Disease Type

  • Trauma & Fractures

  • Complex Deformity

  • Degenerative Disc

  • Others

 

Based on Surgery

  • Minimally Invasive Spine Surgery

  • Open Spine Surgery

 

Based on End-User

  • Specialty Clinics

  • Hospitals

  • Others

 

Regional Coverage Analysis

North America

  • United States of America

  • Canada

  • Rest of North America

 

Europe

  • United Kingdom

  • Spain

  • France

  • Germany

  • Italy

  • Rest of Europe

 

Asia-Pacific

  • India

  • China

  • Japan

  • Rest of Asia-Pacific

 

LAMEA

  • Mexico

  • Argentina

  • Brazil

  • Saudi Arabia

  • South Africa

  • Rest of LAMEA

 

Regional coverage of the market

 

Segments Analysis & Insights

The thoracolumbar devices segment had the highest global industry share, with a revenue of over 55% in 2020. The increasing frequency of occurrence of spinal disorders such as excessive kyphosis, spinal stenosis, and vertebral fracture has increased the demand for thoracolumbar devices. According to a study, around 250,000 to 500,000 US residents have spinal stenosis symptoms, representing 1 in 1000 people over 65 years old and 1 in 200 people over 50 years old.

 

The cervical fixation devices segment is expected to grow the fastest with a CAGR of 7.22%. Due to the rise in cervical spondylosis in corporate professionals, the industry growth for cervical fixation devices has been boosted. According to an NCBI study, 13.76% of Chinese adults suffer from cervical spondylosis. There was a slight difference among urban, suburban, and rural populations, with 13.07%, 15.97%, and 12.25%, respectively. More females were observed to suffer from cervical spondylosis than males, with the prevalence in females being 16.51% compared to the prevalence in males being 10.49%.
 

The minimally invasive surgery segment had the largest global industry size, with a revenue of over 64% in 2020. Patients feel that open spine surgery is more painful, has increased complication risk and recovery time, and requires heavier sedation. According to a study, patients need 3 to 4 months to recover fully after open spine surgery, while according to another study, they can recover within two weeks after minimally invasive spine surgery.

 

The degenerative disc segment had the highest share, with a revenue valuation of over 42% in 2020. The growing complaints of lower back pain and neck pain in adults and the rise in the geriatric population have driven industry growth in this segment. According to an NCBI study, nearly 400 million (or 5.5%) of the world’s population suffer from degenerative disc disease. 8.6% of Europe’s population suffers from this disease, making it the continent with the highest population suffering from degenerative disc disease.

 

The ‘hospitals’ segment contributed the maximum share to the industry, with a revenue share of 64% in 2020. The growing demand for spinal fusion surgeries and the increased number of trained medical professionals have contributed to the segment’s growth.

 

North America is geographically the largest global spinal fusion devices market, with a revenue share of 55.41% in 2020. The increasing rate of sports injuries and fatal accidents, increasing old-age population, and growing spinal disorders are the main reasons for the growth in demand for spinal fusion devices. According to the National SCI Statistics Centre, approximately 18,000 new spinal cord injuries are reported annually in the USA. 38.6% of these cases are due to vehicular accidents, while 7.8% of the cases have been due to sports injuries since 2015.

 

Spinal Fusion Devices Market Report Coverage

Report Attribute

Details

Forecast Period

2021 - 2030

The market size value in 2021

USD 6.86 billion

The revenue forecast in 2028

USD 9.63 billion

Growth rate

CAGR of approximately 3.83%

The base year for estimation

2021

Historical data

2017 – 2020

Unit

USD Billion, CAGR (2021 - 2028)

Segmentation

By Product, By Disease Type, By Surgery, By End-User, By Region

By Product

Cervical Fixation Devices, Thoracolumbar Devices, Interbody Fusion Devices.

By Disease Type

Degenerative Disc, Complex Deformity, Trauma & Fractures, Others

By Surgery

Open Spine Surgery, Minimally Invasive Spine Surgery

By End-User

Hospitals, Speciality Clinics, Others

By Region

Asia-Pacific North America, Europe, LAMEA

Country Scope

United States of America, United Kingdom, Italy, Germany, France, Spain, Canada, China, India, Japan, Brazil, Argentina, Mexico, South Africa, Saudi Arabia, etc.

Company Usability Profiles

Stryker, Xtant Medical Holdings, Inc.Zimmer Biomet, DePuy Synthes (a subsidiary of Johnson & Johnson, Inc.), B. Braun Melsungen AG, Medtronic, NuVasive, Inc., Orthofix Medical, Inc., Globus Medical, ATEC Spine, Inc., SeaSpine, Spinal Elements, Inc., Spine Wave, Inc., Captiva Spine, Inc., Spineology, Inc.,

 

Global Spinal Fusion Devices Market Competitive Landscape Analysis

The market is moderately competitive. Companies operating in the market use strategies such as mergers & acquisitions, regional expansions, partnerships, new product launches, and collaborations to obtain a substantial market share.

Some of the major players in the market are:

 

 

Recent Developments

  • In July 2021, Integrity Implants, Inc. announced its merger with Fusion Robotics, LLC to form Accelus. Both organizations believe that the merger will create opportunities for large-scale adoption of robotics in spinal surgery in both hospitals and ambulatory surgical centers by addressing cost and efficiency concerns.

 

  • In April 2021, Empirical Spine, Inc. announced the Breakthrough Device Designation (BDD) grant for its Limiflex™ Paraspinous Tension Band. Empirical Spine believes that the device’s potential benefits could help improve the quality of patients’ lives receiving spinal surgery through the BDD grant.

 

  • In September 2020, Royal Biologics announced the complete acquisition of FIBRINET from Vertical Spine LLC. The acquisition allows Royal Biologics to improve its increasing portfolio of autologous and live cellular solutions to support spinal and orthopedic fusion.

 

  • In September 2020, Spineology, Inc. announced the FDA grant of the OptiMesh Expandable Interbody Fusion System. Spineology believes that the FDA grant will enable more surgeons to perform interbody fusion through the smallest point of access in the spine.

 

  • In August 2020, WishBone, Inc. announced the acquisition of all assets of Back 2 Basics Direct (B2B) and Orbbö Surgical. Wishbone believes that the acquisitions would strengthen its market position and allow it to deliver highly differentiated and disruptive technologies across its pediatric implant portfolio.

 

Various Devices that Key Market Leaders Develop:

Name of the Product

Function

Key Player

EXPEDIUM VERSE Spine System

Complex Spine Surgeries include spinal fusion in a time- and cost-effective manner.

DePuy Synthes (a Johnson & Johnson subsidiary)

Aleutian Posterior-Lumbar Interbody System

Posterior lumbar interbody fusion (PLIF) surgery

Stryker

Biomet SpinalPak Non-Invasive Spine Fusion Stimulator System

Promotion of healing of the spine after spinal fusion

Zimmer Biomet

SpinalStim™

Treatment of failed fusion or after spinal fusion surgery

Orthofix Medical, Inc.

Aesculap Aeos

Microscopy for Spinal Fusion

B. Braun Melsungen AG

 

Frequently Asked Question About This Report

b: 70% to 90% of all spinal fusion surgeries are successful.

b: A spinal fusion surgery costs from USD 14,000 to USD 150,000.

b: The global spinal fusion devices market is expected to grow at a compound annual growth rate (CAGR) of 3.83% from 2021 to 2030 to reach USD 9.63 billion by 2030.

b: The degenerative disc segment has the highest spinal fusion device market share, with a valuation of over 42% in 2020.

b: The minimally invasive surgery segment led the spinal fusion device market with a revenue share of over 64% in 2020.

b: The cervical fixation devices are expected to have the highest growth rate in the spinal implants and surgical devices market, with a CAGR of 7.22%.

b: New surgical methods can help new and existing players in the spinal implants and surgical devices market to enhance their market share.

b: The global spinal fusion devices market size was $6.86 Bn in 2021 and is predicted to reach $9.63 Bn by 2030, with a CAGR of 3.83% during 2021-2030.

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Source   http://www.ncbi.nlm.nih.gov/

                  https://www.nscisc.uab.edu/