The France spinal surgery device market size was USD XX Billion in 2022 and is likely to reach USD XX Billion by 2031, expanding at a CAGR of 5.13% during 2023–2031. The growth of market is attributed due to technological advancement, increasing number of aged population along with spinal deformities, and growing demand for non-invasive spinal surgery procedure.
Every year almost 170,000 people become victim of spinal cord injury in France. Approximately 10,000 of the population have life-long impairments which includes paraplegia also known as tetraplegia from a spinal injury.
Frequently changing consumption habits and developing lifestyles in the country is one of the factors that is estimated to escalate the number further more.
It is most likely to witness that stoutness among the population which is expected to be one of the major factor in degenerative spinal disorders and are is most likely to cause inferior problem for obsess population due to their heavy build.
Other than France emerging market such as China, Brazil, India, and Mexico are also anticipated to create lucrative growth opportunities for the key players in the market owing to developing and developed phase of the economies gives rise to rapid adoption of advanced technologies.
Market Trends, Drivers, Restraints, and Opportunities
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Increasing number of obese population in France causing spine deformation is expected to drive the market during the forecast period.
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Increasing fast food consumption and massive dynamic shifts in lifestyle on frequent basis causes obesity and is estimated to boost the market in the coming years.
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Rapid increase and adoption of enhanced technologies is anticipated to propel the market.
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Growing demand for non-invasive spinal surgery procedures is expected to be one of the factors driving the market during the forecasted period.
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Increasing number of aging population and back related problem is estimated to fuel the market.
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Increasing incidence of lumber degenerative disc diseases is most likely to boost the market during the forecast period.
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High cost of spinal surgery and uncertainties act as a factor that can hinder the market growth in the coming years.
Scope of the market
The report on the France spinal surgery device market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
Attributes
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Details
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Report Title
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France spinal surgery device market –Industry Analysis, Growth, Share, Size, Trends, and Forecast
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Base Year
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2022
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Historic Data
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2016–2021
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Forecast Period
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2023–2031
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Segmentation
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Device Types (Spinal Decompression [Discectomy, Facetectomy, Corpectomy, Laminotomy, Foraminotomy], Spinal Fusion [Cervical Fusion, Interbody Fusion, Thoracolumbar Fusion, and Other Spinal Fusion], Arthroplasty Device, Fracture Repair Devices, Non-fusion Devices, Other Fracture Repairs Devices)
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Country
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France
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Report Coverage
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Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
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Key Players Covered in the Report
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Stryker Corporation; Zimmet Biomet; Johnson and Johnson; Globus Medical; Medtronic plc.
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Market segment insights
The spinal fusion segment is expected to hold a key share
Based on device types, the market is bifurcated into spinal decompression, spinal fusion, arthroplasty device, fracture repair devices, non-fusion devices, and other fracture repairs devices. The spinal decompression segment is further segregated into discectomy, facetectomy, corpectomy, laminotomy, and foraminotomy. The spinal fusion segment is sub-segregated into cervical fusion, interbody fusion, thoracolumbar fusion, other spinal fusion. The spinal fusion segment is expected to hold a key share of the market during the forecast period owing to products catering the demand of the population is quite effective it is traditional yet better for the treatment of patients suffering from lumber spinal stenosis, accompanied by enhanced treatment for spinal decompressions. The key players are optimizing more on stabilizing complex tools for lumber spine for both posterior and anterior.
Segments
France spinal surgery device market has been segregated on the basis of
Device types
- Spinal Decompression
- Discectomy
- Facetectomy
- Corpectomy
- Laminotomy
- Foraminotomy
- Spinal Fusion
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- Cervical Fusion
- Interbody Fusion
- ThoracoLumber Fusion
- Other Spinal Fusion
- Arthroplasty Device
- Fracture Repair Devices
- Non-Fusion Devices
- Other Fracture Repairs Devices
Country
Key Players
- Stryker Corporation
- Zimmet Biomet
- Johnson and Johnson
- Globus Medical
- Medtronic plc.
Competitive Landscape
Key players competing in the France spinal surgery device market include Stryker Corporation; Zimmet Biomet; Johnson and Johnson; Globus Medical; Medtronic plc.
Some of these players are targeting on business strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to increase their market shares.