Flexible
Spinal Implants Market Emerging Trend, Industry Demand and Regional Analysis by
2031
The
global flexible spinal implants market is anticipated to grow at a CAGR of
around 4.8% during the forecast period. The usage of spinal implants during
spine fusion surgery in combination with bone graft contributes to the growth
of the spinal implants market. The increase in the number of spine fusion
surgery with use of instruments including plates, screws, rods, and cages has
also increased the demand for spinal implants.
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Furthermore,
there are many innovations in spinal implants due to which people are getting
benefit of during and after spine sugeries. For instance, in March 2019, MiRus
has got the approval of a new proprietary metal alloy from the US Food and
Drugs Administration (FDA) called molybdenum rhenium (MoRe). This new alloy
material is claimed to be more durable, smaller, thinner, and bio-friendly for
manufacturing new spinal implants. It also has some benefits for patients
including improved recovery time, and minimization of soft tissues disruptions
due to MoRe alloy being 3 times stronger and fatigue-free than other materials
used for manufacturing spinal implants. The new innovations in spinal implants
have also increased the number of patients who go for spine surgery without
getting worried about the complications. For instance, in February 2021, Nexus
Spine two products 'PressOn' and 'Tranquil'. PressOn is designed for human
spine stabilization and Tranquil is designed for interbody fusion. Both implants
are containing complain mechanism technology making the biocompatible materials
such as titanium feel and behave like organic human tissues. The technology is
designed to mimic body movements through flexibility. Spinal implants are
becoming safer and easier to use for spine surgery to help patients to recover
from different spine problems including Osteoporosis, Degenerative Disc
Diseases, Lumber support, and Others. Resulting in demand for spinal implants.
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Market
Coverage
• Segment Covered-
o By Type
o By End-users
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive Landscape- DePuy
Synthes, Medtronic Inc., NuVasive Inc., Stryker Corp., Zimmer Biomet Holdings
Inc., and others.
Key
questions addressed by the report
• What is the market growth rate?
• Which segment and region dominate
the market in the base year?
• Which segment and region will
project the fastest growth in the market?
• How has COVID-19 impacted the
market?
o Deviation from the pre-COVID-19
forecast
o Most affected region and segment
• Who is the leader in the market?
• How are players addressing
challenges to sustain growth?
• Where is the investment
opportunity?
Global
Flexible Spinal Implants Market Report Segment
By
Type
•
Cages
•
Rods
•
Screws
•
Plates
By
End Users
•
Hospitals and Clinics
•
Ambulatory Surgical Centers
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purchasing your report.
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