Download free PDF
Southeast Asia (SEA) Thoracolumbar Spinal Fusion Implants Market – By Product Type, By Material, By Surgery Type, By Indication, By End Use – Forecast, 2025 - 2034
Report ID: GMI14367
|
Published Date: July 2025
|
Report Format: PDF
Download Free PDF
Authors: Mariam Faizullabhoy, Gauri Wani
Premium Report Details
Base Year: 2024
Companies covered: 12
Tables & Figures: 70
Countries covered: 7
Pages: 120
Download Free PDF
Southeast Asia (SEA) Thoracolumbar Spinal Fusion Implants Market
Get a free sample of this report
Get a free sample of this report Southeast Asia (SEA) Thoracolumbar Spinal Fusion Implants Market
Is your requirement urgent? Please give us your business email
for a speedy delivery!

Southeast Asia Thoracolumbar Spinal Fusion Implants Market Size
The Southeast Asia thoracolumbar spinal fusion implants market was valued at USD 61 million in 2024. The market is anticipated to grow from USD 63.4 million in 2025 to USD 93.4 million in 2034, growing at a CAGR of 4.4% from 2025 to 2034. High market growth is primarily attributed to growing medical tourism in the region, technological advancements in implants and materials, and rising prevalence of spinal diseases among other factors.
Rise in number of trauma cases due to road fatalities, surging cases of spinal disorders, and growing awareness towards availability of improved minimally invasive treatment options are anticipated to fuel the product demand. For instance, according to the statistic reported by World Health Organization (WHO), in 2021, Thailand recorded around 25.7 deaths per 100,000 people due to traffic fatalities which is significantly higher in comparison to the global average of around 15 deaths. Thus, the growing burden of road accidents plays a key role in the overall population suffering from various spinal cord injuries.
The rise in spinal disorders such as degenerative disc disease, herniated discs, spinal stenosis, spondylolisthesis and traumatic fractures remains a key driver of the regional market. As the percentage of elderly population surges across Thailand, Vietnam and other countries, age-related spine degeneration is expected to witness growth with increasing frequency.
Further, the number of certified orthopedic and neurosurgeons trained in the developed countries including U.S., Europe or Australia has grown significantly in the regional countries. Their presence has elevated the skill, safety and accessibility of thoracolumbar spinal fusion procedures, thereby strengthening patient confidence and product uptake.
Thoracolumbar spinal-fusion implants are purpose-built tools that lock together the mid-back and lower-back sections of the spine. These devices are used during range of spinal indications including spinal deformity, trauma and degenerative disc diseases.
Southeast Asia Thoracolumbar Spinal Fusion Implants Market Trends
Southeast Asia Thoracolumbar Spinal Fusion Implants Market Analysis
In 2021, the market was valued at USD 54.3 million. The following year, it saw a slight increase to USD 56.4 million, and by 2023, the market further climbed to USD 58.7 million. Based on product type, the market is segmented into pedicle screws, intervertebral body fusion device (IBFD), rods, plates, and other product types. The pedicle screws segment accounted for the leading market share and was valued at USD 24.8 million in 2024.
Based on material, the Southeast Asia thoracolumbar spinal fusion implants market is categorized into titanium, polyetheretherketone (PEEK), cobalt chrome, stainless steel, and other materials. The titanium segment accounted for leading share in the market in 2024 and is expected to reach around USD 38.3 million in 2034.
Based on surgery type, the Southeast Asia market is segmented into open surgery and minimally invasive surgery. The minimally invasive surgery segment is expected to record higher growth with a CAGR of 5.7% over the analysis period.
Based on indication, the Southeast Asia thoracolumbar spinal fusion implants market is categorized into degenerative disc disease, spinal trauma, spinal deformities, spinal tumors, and other indications. The degenerative disc disease segment accounted for leading share in the market in 2024 and was valued at USD 31.3 million.
Based on end use, the Southeast Asia thoracolumbar spinal fusion implants market is classified into hospitals, ambulatory surgical center, and orthopedic clinics. In 2024, the hospitals segment held highest market share and is expected to showcase significant growth over the analysis period.
The Thailand thoracolumbar spinal fusion implants market was valued at USD 17.1 million and USD 17.7 million in 2021 and 2022, respectively. The market size reached USD 19 million in 2024, growing from USD 18.3 million in 2023.
Singapore thoracolumbar spinal fusion implants market accounted for significant revenue share and was valued at USD 16.1 million in 2024 and is anticipated to show notable growth over the forecast period.
Southeast Asia Thoracolumbar Spinal Fusion Implants Market Share
The market is dominated by some of the major market players. The market is highly competitive in nature, with major organizations, small local players, and start-ups joining the industry competition. Leading companies, such as Globus Medical, DOUBLE MEDICAL, DePuy Synthes (JnJ), GS Medical, Medtronic, and Stryker (VB Spine) maintain a strong presence with extensive product portfolios of thoracolumbar spinal fusion implants.
Additionally, the industry players have a keen focus on R&D and are offering innovative solutions for thoracolumbar spinal fusion implants. These players have implemented expansion strategies such as mergers, product development and launches to increase their market presence and enter new untapped markets.
Southeast Asia Thoracolumbar Spinal Fusion Implants Market Companies
Few of the prominent players operating in the Southeast Asia thoracolumbar spinal fusion implants industry include:
Southeast Asia Thoracolumbar Spinal Fusion Implants Industry News
The Southeast Asia thoracolumbar spinal fusion implants market research report includes in-depth coverage of the industry with estimates and forecast in terms of revenue in USD Million from 2021 – 2034 for the following segments:
Click here to Buy Section of this Report
Market, By Product Type
Market, By Material
Market, By Surgery Type
Market, By Indication
Market, By End Use
The above information is provided for the following countries: