Spinal implants are medical equipment used to treat conditions such as disproportion and instability in the spine. According to the Spinal Injury Association UK, approximately 2,500 people are injured or diagnosed with spinal cord injuries annually. Spinal cord injuries affect an estimated 50,000 people.
The two types of spine surgical equipment are fusion and nonfusion devices. Nonfusion devices are used in the treatment to replace pro-inflammatory tissues, restore spinal alignment, and decompress neural elements while preserving rather than obliterating functional movements. Fusion devices promote healing by delivering immediate and rigid immobilization.
The global spinal nonfusion devices market was $3.88 billion in 2021 and is expected to reach $6.08 billion by 2030, representing a CAGR of 5.1% from 2021 to 2030.
Market dynamics of the spinal nonfusion device market
The Spinal Non-Fusion Devices market is experiencing increased product demand for various reasons, one of which is the rapid spread of spinal disorders. The growing geriatric population base, the advantages of Spinal Non-Fusion Devices over spinal-fusion devices, and technological innovation in product development are driving demand for Spinal Non-Fusion Devices. As a result, the continuous technological advancements, combined with the added benefits and product versatility of dynamic stabilization devices and other product types, are expected to drive the Spinal Non-Fusion Devices market growth. Furthermore, the region’s growing senior population is more susceptible to spinal cord disorders such as degenerative disc disease. Rising healthcare costs, improving the infrastructure, and growing healthcare expenditure are all expected to boost the region’s Spinal Non-Fusion Devices market.
Furthermore, the region’s aging population is more likely to be exposed to spinal cord disorders such as degenerative disc disease. Rising healthcare costs, improving healthcare infrastructure population, and growing medical costs are all expected to boost the region’s Spinal Non-Fusion Devices market.
The COVID-19 pandemic harmed optional and non-urgent surgeries worldwide. The COVID-19 pandemic has had the greatest influence on the demand for Spinal Non-Fusion Devices. The government imposed lockdowns to stop the virus spread, restricting movement and limiting regular check-ups. Due to the COVID-19 pandemic, various elective procedures were temporarily suspended, in contrast to COVID-19-affected patients, who were given top priority. As a result, the need for surgery has decreased, creating a barrier in the market for Spinal Non-Fusion Devices.
Key market trends
- The dynamic stabilization devices segment had the largest market share in the market studied. These devices are examples of pedicle screw-based systems, interspinous process spacers, and facet replacement products.
- The segment’s dominance can be related to using rigid spinal implants in fusion technologies. Furthermore, the rising prevalence of degenerative spinal disorders contributes significantly to the segment’s expansion.
- Furthermore, technological advancements causing changes in therapeutic procedures, such as biochemical improvements and the adoption of BioFlex systems, are expected to boost the segment’s growth.
- Lumbar disc herniation can cause lower back pain and radicular leg pain. According to the journal, Scoliosis and Spinal Disorders, 60% to 85% of the population experienced lower back pain in 2017.
Market segmentation
The global nonfusion spinal devices market can be segmented on type and region.
- It is divided into three types: artificial disc replacement, dynamic stabilization devices, and annulus repair devices. In 2020, Dynamic Stabilization Devices had the largest market share for spinal non-fusion devices. Interspinous process spacers, Pedicle screw-based systems, and facet replacement items are among the devices available. The segment’s dominance is due to stiff spinal implants in fusion technologies.
- By region, North America occupied the largest share of the global nonspinal device market in 2020. The advancement of technology, senior patients anticipating improved levels of function, and reimbursement arrangements encouraging advanced fusion surgery have all contributed to the growth of the spinal surgery market in the United States. In accordance with National Spinal Cord Injury Statistical Centre’s 2019 SCI Datasheet, the annual incidence of spinal cord injury (SCI) in the United States is nearly 64 cases per one million people, or approximately 17,810 new SCI-related cases each year.
Among every one of the areas, North America is supposed to represent the biggest offer in the spinal non combination gadgets market. Attributable to huge development factors like rising predominance of geriatric populace, expanding occurrences of spinal problems, rising government drives, and expanded government item guidelines are supposed to help with the development of the North American Spinal Non Fusion Devices Market. Besides, high extra cash, modern medical care framework, new item endorsements, and expanded mindfulness additionally pushed the market development around here.
According to the information given by the United States Bone and Joint Initiative (2021), outer muscle sicknesses influence more than one out of each and every two people in the United States over the age of 18, and almost three out of four over the age of 65. Injury, back agony, and joint pain are the three most normal outer muscle conditions revealed, and for which medical services visits to doctors’ workplaces, crisis offices, and emergency clinics happen every year. Moreover, the previously mentioned source expressed that at whatever year, 12% to 14% of the grown-up populace will visit their doctor for back torment.
Besides, the presence of a very much controlled repayment channel for spine medical procedures and the medical services offices are additionally expected to drive the North American Spinal Non Fusion Devices market forward. The quickest development in the Spinal Non Fusion Devices market is supposed to be seen by the Asia-Pacific by virtue of working on extra cash, expanding center around further developing medical services access among populaces, which thus is spurring key spinal non combination market players in broadening their market reach in the APAC locale.
