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Disposable Spinal Instrument Market Size
- Report ID: GMI9554
- Published Date: May 2024
- Report Format: PDF
Disposable Spinal Instrument Market Size
Disposable Spinal Instrument Market size was valued at around USD 70.6 million in 2023 and is estimated to grow at 7.9% CAGR from 2024 to 2032. Disposable spinal instruments are medical devices utilized in interventional spine procedures, designed for single-use and disposal after each operation. These instruments play crucial roles in a range of tasks during interventional spine interventions, encompassing procedures such as discectomy, laminectomy, spinal fusion, and other treatments targeting spinal conditions or injuries. The growing prevalence of spinal disorders is a significant driver for market.
For instance, according to global estimates provided by the World Health Organization (WHO), it is reported that around 15.4 million individuals were living with spinal cord injuries (SCI) in the year 2021. Thus, this underscores the pressing need for effective and efficient solutions in spinal surgery, including the utilization of disposable spinal instruments to address the growing prevalence of spinal disorders and injuries worldwide.
Furthermore, advancements in minimally invasive surgery, technological advancement, and growing aging population are contributing factors stimulating the growth of the market.
| Report Attribute | Details |
|---|---|
| Base Year: | 2023 |
| Disposable Spinal Instrument Market Size in 2023: | USD 70.6 Million |
| Forecast Period: | 2024 – 2032 |
| Forecast Period 2024 – 2032 CAGR: | 7.9% |
| 2024 – 2032 Value Projection: | USD 138.9 Million |
| Historical Data for: | 2021 – 2023 |
| No. of Pages: | 155 |
| Tables, Charts & Figures: | 220 |
| Segments covered: | Product Type, Procedure, End-use, and Region |
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Frequently Asked Questions (FAQ) :
Disposable Spinal Instrument Market Scope
