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General Report Contents
- Market Analyses include: Unit Sales, ASPs, Market Value & Growth Trends
- Market Drivers & Limiters for each chapter segment
- Competitive Analysis for each chapter segment
- Section on recent mergers & acquisitions
Despite many challenges, growth is expected in many market segments, as the patient demographics in the U.S. maintain a steady demand for such procedures. Growth has slowed in the last few years as newer, minimally invasive innovations gradually cannibalized the traditional spine market. The motion preservation segment will be the fastest growing in the market, and will be continually driven by novel and emerging technologies.
The biggest limiting factor for the spinal fusion markets is the development of motion preservation technology. Lumbar artificial discs (LADs) have not been as successful at cannibalizing thoracolumbar fixation devices as previously anticipated due to a lack of reimbursement and unfavorable clinical results. Favorable reimbursement policies are expected for these devices as favorable clinical results involving newer devices emerge.
One of the key drivers for the interbody fusion market is the increase in the target population, which is composed of aging baby boomers. The majority of spinal fusion procedures are performed on those individuals over the age of 60. This age group is the fastest growing demographic in the United States.
Minimally invasive interbody options will continue to cannibalize areas of the standard interbody market, particularly traditional ALIF and PLIF approaches. However, other areas of the standard market will continue to experience growth.
The full report suite on the U.S. market for spinal implants and VCF includes segments for traditional cervical and thoracolumbar fixation devices, interbody devices, motion preservation devices, vertebral compression fracture (VCF) treatment, spinal electrical stimulation and spinal instrumentation.
Others include: Aesculap, Atlas Spine, Benvenue Medical, Centinel Spine, Custom Spine, DFine, Exactech, Inion, Life Spine, Orthofix, Osseon, Paradigm BioDevices, Pioneer Surgical, etc.