The global flexible spinal implants market size was valued at USD 2.5 billion in 2020 and expected to register a significant growth rate of over 13% during the forecast period 2021 to 2027. The increasing incidence of osteoporosis across the globe is a key factor to drive market growth. Furthermore, the rising demand for minimally invasive surgical procedures and technological advancement are some other factors to propel the market growth.
The global flexible spinal implants market is bifurcated into clinical application, end-user, and geography. On the basis of clinical application, the market is further segmented into thoracic, lumbar, cervical, artificial discs, and others. The cervical segment is accounted to hold the largest market share in 2020 and expected to maintain its dominance over the forecast period.
The report titled “Flexible Spinal Implants Market – Global Trends, Market Share, Industry Size, Growth, Opportunities, and Forecast – 2020 – 2027” offers a holistic view of the Flexible Spinal Implants industry encompassing numerous stakeholders including raw material suppliers, providers, distributors, consumers and government agencies, among others. Furthermore, the report includes detailed quantitative and qualitative analysis of the global Flexible Spinal Implants market considering market history, product development, regional dynamics, competitive landscape, and key success factors (KSFs) in the industry.
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The report includes a deep-dive analysis of key countries including the U.S., Canada, the U.K., Germany, France, China, Japan, India, Australia, Mexico, Brazil and South Africa, among others. Thereby, the report identifies unique growth opportunities across the world based on trends occurring in various developed and developing economies.
Flexible Spinal Implants Market report summarizes the positive growth rate in upcoming years, and market size with competitive analysis. Our experts have analyzed the historical data to compare with the current market scenario to calculate the market growth in the coming years. The study provides an exhaustive report that includes an executive summary, scope, and forecast of the market.
The Flexible Spinal Implants Market Segmentation:
By Clinical Application:
By End User:
North America is currently dominating the geography segment for flexible spinal implants market. Growing incidence of osteoporotic spinal degeneration in the elderly population primarily drives the flexible spinal implants market growth in the region. Affordable reimbursement scenario and existence of key players such as Stryker Corporation, Medtronic, Plc., Abbott Spine, Inc., etc. further consolidates the market growth in the region.
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Medical device manufacturers actively engaged in the production of flexible spinal implants are Medtronic, Plc., Abbott Spine, Inc., RTI Surgical, Zimmer Biomet Holdings, Inc., Stryker Corporation, B. Braun Melsungen AG., Orthofix International N.V., NuVasive, Inc., Paradigm Spine, LLC., and Alphatec Holdings, Inc.
Key Questions Answered by Flexible Spinal Implants Market Report:
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