North America Spinal Surgery Market - Industry Analysis and Market Forecast (2017 - 2022)

North Americaspinal surgery market was valued at USD 7.76 billion in 2014 and is projected to reach USD 11.28 billion by 2020, at a CAGR of 6.43% during the forecast period.

This market is a significant sub-section of the orthopedic industry. Spinal surgery is traditionally done as an open surgery, wherein a long incision allows a surgeon to access the spinal anatomy of a body. In recent years, a minimally invasive surgical device has received growing attention, as it does not involve a long incision, and thereby causes minimal damage to the muscles around the spine. This results in lesser post-operative pain and a faster recovery rate.

Spinal surgeries can be classified as ALIF (Anterior Lumbar Interbody Fusion), Anterior Cervical Discectomy, Bone Grafting, Discectomy, Spinal Decompression, Spinal Fusion, Spinal Instrumentation, Spinal Osteotomy, Thoracoscopic Release, and TLIF.

North America Spinal Surgery Market- Market Dynamics

The market for spinal surgery devices is driven by many factors. One of them includes the fact that the patients are offered safer and more reliable surgery options that would preserve natural movement and prevent degeneration of the spine. The growing incidence of spinal disorders is also one of the factors driving this marketgrowth. Innovative techniques can now maintain the spinal mobility while treating spinal degeneration, and a number of manufacturers have developed motion-preserving devices to exploit this growing trend. Moreover, techniques like Minimally Invasive Spinal Surgery (MISS) are used to implant these devices and surgeons have found that these have a number clinical benefits. The factors hindering this marketgrowth are high costs involving the treatment of procedures and the long time duration in getting an approval for the surgery process.

North America is estimated to contribute the largest market share of the global spinal implants & surgical devices market. Increasing technological awareness, growing population, and sedentary lifestyles are bound to increase the growth of spinal surgical devices market all around the world. Motion-preservation techniques in spinal non-fusion procedures are predicted to be the next big thing in spinal surgeries, which have witnessed enhanced adoption rates over the last few years. The US accounts for more than 60.0% of the market share, followed by Canada, which accounts for nearly 32.0% of the market share in North America.

The report on the North Americaspinal surgery market has been segmented into spinal compression (corpectomy, discectomy, facetectomy), spinal fusion, fracture repair devices, arthroplasty devices, and non-fusion devices. Geographically, the market has been segmented into the US, Canada, and Mexico.

Some of the key players in the market are:

Alphatec Holdings, Inc.

Globus Medical, Inc.

Medtronic Inc.

Stryker Corporation

Zimmer Holdings, Inc.

Key Deliverables in the Study

Market analysis for the North America spinal surgery market, with region-specific assessments and competition analysis.

Market definition along with the identification of key drivers and restraints.

Identification of factors instrumental in changing the market scenario, rising prospective opportunities, and identification of key companies that can influence this market.

Extensively researched competitive landscape section with profiles of major companies along with their market share.

Identification and analysis of the macro and micro factors that affect the North America spinal surgery market.

A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.

A wide-ranging knowledge and insights about the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market.

Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped.

1. Introduction

1.1 Market Definition

2. Executive Summary

3. Market Overview

3.1 Market Drivers

3.2 Market Restraints

3.3 Market Opportunities And Challenges

4. North American Spinal Surgery Market Segmentation

4.1 Spinal Decompression

4.1.1 Corpectomy

4.1.2 Discectomy

4.1.3 Facetectomy

4.2 Spinal Fusion

4.3 Fracture Repair Devices

4.4 Arthroplasty Devices

4.5 Non-Fusion Devices

4.6 Market Segmentation By Country

4.6.1 Usa

4.6.2 Canada

4.6.3 Mexico

5. Competitive Landscape

5.1 Introduction

5.2 Mergers & Acquisitions

5.3 Agreements, Partnerships, Collaborations & Joint Ventures

5.4 New Product Launches

6. Company Profiles

6.1 Globus Medical, Inc.



Products & Services

6.2 Medtronic, Inc.



Products & Services

6.3 Zimmer Holdings, Inc.



Products & Services

6.4 Paradigm Spine



Products & Services

6.5 Stryker Corporation



Products & Devices

6.6 Alphatec Holdings, Inc.



Products & Services

7. Disclaimer

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