Market Overview

The Global Spinal Implants & Surgical Devices Market was valued at USD 13,039.2 million in 2023 and is expected to reach USD 19,471.2 million by 2031 while growing at a CAGR of 5.1% during the forecast period (2024-2031). 

 *Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Market Dynamics

This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the Global Spinal Implants & Surgical Devices Market growth. Spinal implants and surgical devices, designed to address various spinal conditions, continuously evolve through innovations in materials, design, and technology. Enhancements such as the integration of bioresorbable materials, utilization of 3D printing, and the incorporation of advanced imaging techniques significantly contribute to improving the effectiveness and safety of these medical instruments. These advancements play a pivotal role in enhancing patient outcomes and fostering greater acceptance of these innovations within the medical field.

The Global Spinal Implants & Surgical Devices Market is poised for significant growth, driven by the increasing prevalence of spinal disorders, technological innovations, and advancements in surgical techniques. Nonetheless, the high cost of spinal procedures and postoperative rehabilitation requirements may pose obstacles to its expansion.

Furthermore, the global spinal implants & surgical devices industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.

Segmentation – By Technology Analysis

The Global Spinal Implants & Surgical Devices Market is segmented among Spinal Fusion and Fixation Technologies, Vertebral Compression Fracture Treatment, Motion Preservation/Non-fusion Technologies, and Other Technologies, based on Technology. In 2023, Spinal Fusion and Fixation Technologies accounted for the majority of the market share*. 

 *Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Segmentation – By Product Analysis

The Global Spinal Implants & Surgical Devices Market is segmented among Thoracic Fusion and Lumbar Fusion Devices, Cervical Fusion Devices, Vertebral Compression Fracture Treatment Devices, Spinal Biologics, Non-fusion Devices, Spine Bone Stimulators, and Other Products, based on Product. In 2023, Thoracic Fusion and Lumbar Fusion Devices accounted for the majority of the market share*. 

 *Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Global Spinal Implants & Surgical Devices Market: Regional Analysis

Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, North America dominated the market with the highest market share, while Asia Pacific is expected to grow with the highest CAGR during the forecast period (2024 – 2031). 

 *Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Competitive Landscape

Some of the key players operating in the market are Alphatec Spine Inc., Depuy Synthes (Johnson & Johnson), Globus Medical Inc., Spineart, Medtronic Plc, NuVasive Inc., Orthofix Holdings Inc., RTI Surgical Inc., Stryker Corporation, and Zimmer Biomet.

Table of Contents:

1. Research Methodology and Market Scope

• Research Methodology

• Market Scope

2. Executive Summary

3. Global Spinal Implants & Surgical Devices Market Dynamics

• Drivers

• Restraints

• Opportunity

4. Global Spinal Implants & Surgical Devices Industry Analysis

• PEST Analysis

• Porter's Five Force Analysis

• Recent Deals Analysis

5. Global Spinal Implants & Surgical Devices Market Segmentation, By Technology

• Global Spinal Implants & Surgical Devices Market Share Analysis, By Technology

• Global Spinal Implants & Surgical Devices Market Growth Analysis, By Technology

• Global Spinal Implants & Surgical Devices Market Trends, By Technology

o Spinal Fusion and Fixation Technologies

o Vertebral Compression Fracture Treatment

o Motion Preservation/ Non-fusion Technologies

o Other Technologies

6. Global Spinal Implants & Surgical Devices Market Segmentation, By Product

• Global Spinal Implants & Surgical Devices Market Share Analysis, By Product

• Global Spinal Implants & Surgical Devices Market Growth Analysis, By Product

• Global Spinal Implants & Surgical Devices Market Trends, By Product

o Thoracic Fusion and Lumbar Fusion Devices

o Cervical Fusion Devices

o Vertebral Compression Fracture Treatment Devices

o Spinal Biologics

o Non-fusion Devices

o Spine Bone Stimulators

o Other Products

7. Global Spinal Implants & Surgical Devices Market Segmentation, By Type of Surgery

• Global Spinal Implants & Surgical Devices Market Share Analysis, By Type of Surgery

• Global Spinal Implants & Surgical Devices Market Growth Analysis, By Type of Surgery

• Global Spinal Implants & Surgical Devices Market Trends, By Type of Surgery

o Open Surgery

o Minimally-invasive Surgery

8. Global Spinal Implants & Surgical Devices Market Segmentation, By Region

• Global Spinal Implants & Surgical Devices Market Share Analysis, By Region

• Global Spinal Implants & Surgical Devices Market Growth Analysis, By Region

• Global Spinal Implants & Surgical Devices Market Trends, By Region

o North America

o Europe

o Asia Pacific

o Latin America

o Middle East

o Africa

9. Competitive Landscape

• Alphatec Spine Inc.*

o Company Overview

o Financial Performance

o Key Development/Strategies

o SWOT Analysis

• Depuy Synthes (Johnson & Johnson)

• Globus Medical Inc.

• Spineart

• Medtronic Plc

• NuVasive Inc.

• Orthofix Holdings Inc.

• RTI Surgical Inc.

• Stryker Corporation

• Zimmer Biomet

*Similar analysis will be provided for each company listed above.