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Spinal Fusion Device Market Share

  • Report ID: GMI8294
  • Published Date: Feb 2024
  • Report Format: PDF

Spinal Fusion Device Market Share

The spinal fusion device industry is competitive in nature, with several large multinationals and small and mid-sized companies competing in the industry. The development and launch of novel advanced product based on different technologies is among a key market strategy. Some of the leading industry players including Alphatec Holdings, Inc, B. Braun Melsungen AG, Medtronic Plc, SeaSpine Holding Corporation, Stryker Corporation, and Globus Medical Inc. among others have a notable presence in the market.
 

Spinal Fusion Device Market Companies

Some of the eminent players participants operating in the spinal fusion device industry include:

  • Alphatec Holdings, Inc.
  • B. Braun Melsungen AG
  • ChoiceSpine LLC
  • Globus Medical Inc.
  • Johnson& Johnson (Depuy Synthes)
  • Medtronic plc
  • NuVasive, Inc.
  • Orthofix Medical Inc.
  • SeaSpine Holdings Corporation
  • Stryker Corporation
  • ZimVie Inc.
     
Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

The market size of spinal fusion device was reached USD 8.4 billion in 2023 and is expected to reach around USD 12.9 billion by 2032, driven by increasing incidence of spinal diseases.

The degenerative disc segment was valued at around USD 4 billion in 2023 and is set to gain traction by 2032, driven by an ageing population who are more susceptible to this disease, and the demand for treatment options.

North America spinal fusion device market accounted for over USD 4.4 billion in 2023 and is predicted to witness substantial growth over 2024 and 2032, driven by a significant proportion of elderly individuals, along with a high prevalence of motor vehicle accidents as well as sports injuries.

Alphatec Holdings, Inc., B. Braun Melsungen AG, ChoiceSpine LLC, Globus Medical Inc., Johnson& Johnson (Depuy Synthes), Medtronic plc, NuVasive, Inc., Orthofix Medical Inc., and SeaSpine Holdings Corporation are some of the major industry contenders.

Spinal Fusion Device Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 11
  • Tables & Figures: 406
  • Countries covered: 22
  • Pages: 230
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