What is Spinal Intervention Market?
Spinal interventions provides interventional pain management treatments. It provides minimally invasive treatment for spine and nerve related painful conditions. It helps to treat the diseases like sciatica, herniated disc, arthritis of the spine, vertebral fracture, narrowing of the spinal canal etc. There is increase prevalence of neurological diseases and obese population will drive the spinal intervention market.
The market study is being classified, by Application (Hospitals, Research Centers and Others) and major geographies with country level break-up.
Medtronic (Ireland), BioControl Medical Ltd. (United States), Boston Scientific Corporation (United States), Abbott (United States), Synapse Biomedical (United States), Zimmer Biomet Holdings (United States), Stryker Corporation (United States), Orthofix International (United States), Globus Medical Inc. (United States) and DePuy Synthes (United States) are some of the key players profiled in the study.
Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Spinal Intervention market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Spinal Intervention market by Type, Application and Region.
On the basis of geography, the market of Spinal Intervention has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Rising Incidence of Complications Associated With Spine
- Increasing Geriatric Population
- Increasing Number of Hospitals and Clinics
Market Trend
- Technological Advancements in the Spine Treatment
Restraints
- Lack of Patient Awareness
Opportunities
- Growing Healthcare Infrastructure Worldwide
- Rising Private and Public Investments
Challenges
- Lack of Skilled, Highly Qualified and Well-Experienced Medical Practitioners
- High Pricing Pressure
Market Leaders and some development strategies
On 27th June 2019, Medtronic plc. announced that it has fully acquired the spine interbody implant and surface technology company, Titan Spine.
Key Target Audience
Spinal Intervention Providers, Research Institutes, Emerging Companies, Government Body & Associations and End-user