Question 1

Who are the key players in the spinal implant sector?

Accepted Answer

Johnson & Johnson, Medtronic plc, Stryker, Globus Medical Inc, Nuvasive, Alphatec Holdings, Inc., B. Braun Melsungen AG, Surgalign Holdings, SeaSpine Holdings Corporation, and ZimVie Inc are some prominent spinal implant manufacturers in the market.

Question 2

What is the size of the spinal implant market?

Accepted Answer

Global market size for spinal implant was valued at more than USD 10 billion in 2022 and is expected to depict a more than 2.5% CAGR through the forecast years 2023-2032, owing to the increasing demand for minimally invasive procedures.

Question 3

How big is the Asia Pacific spinal implant industry?

Accepted Answer

Asia Pacific spinal implant market is expected to grow at more than 3% CAGR through 2032, driven by the increasing incidence of spondylosis.

Question 4

What factors are driving the growth of the spinal implant industry through deformity indication?

Accepted Answer

Global spinal implant industry share from the deformity segment is likely to exhibit a 3% CAGR through 2032, owing to the increasing prevalence of bone related diseases, such as arthritis and degenerative disc disease.

Spinal Implant Market Share

Spinal Implant Market Share

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