The article cited AMA's Global Interbody Fusion Cage Market Study explored significant growth with CAGR of 3.62%. According to the report, Growing Demand Due to Launch of Novel Interbody Fusion Cages with new Compatible Materials is one of the primary growth factors for the market. Increasing in Geriatric Population and Rise in Incidences of Spinal Injuries and Sports Injuries across the Globe
is also expected to contribute significantly to the Interbody Fusion Cage market. Overall, applications of Interbody Fusion Cage, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. New players are beginning to enter the market and established companies have been changing their business models – a trend that will continue in the future.
AMAs Analyst on the Global Interbody Fusion Cage Market identified that the demand is rising in many different parts of the world due to "Rising Consumer Awareness Regarding Spinal Fusion treatment in both Developed and Developing Countries". Furthermore, some recent industry insights like "On 30th October 2020, Spinal Elements has announced the newest introduction in its MIS Ultra suite of products with the full release of the Lucent XP Wide expandable interbody device. This addition to Spinal Elements’ expandable interbody portfolio offers surgeons a wider footprint option than previously available and is designed with an anatomically oriented lordotic angle." is constantly making the industry dynamic. One of the challenges that industry facing is "Lack of Trained Professionals as well as Stringent Rules & Regulations to Use"
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Interbody Fusion Cage market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Interbody Fusion Cage market and other related sub-markets covered in the study.
o Key & emerging players in the Interbody Fusion Cage market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Interbody Fusion Cage market size is calculated using market estimation process, the Interbody Fusion Cage market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Interbody Fusion Cage market size has been validated using both top-down and bottom-up approaches.