Germany Spinal Surgery Devices Market

Germany Spinal Surgery Devices Market by Device Types (Spinal Decompressions [Corpectomy, Facetectomy, Foraminotomy Discectomy, and Laminotomy], Spinal Fusion [Cervical Fusion, Interbody Fusion, Thoracolumbar Fusion, and Others], Fracture Repair Devices, Arthroplasty Devices, and Non-fusion Devices), and Country - Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028

  • Report ID: HC-3574
  • Author: Growth Market Reports
  • Rating: 4.1
  • Total Reviews: 2
  • No. Of Pages: 199
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The Germany spinal surgery devices market size is projected to expand at a high CAGR during the forecast period, 2021–2028. The growth of the market is attributed to the improvement in healthcare infrastructure.

Germany Spinal Surgery Devices Market

Spinal surgery devices are commonly utilized in the treatment of abnormalities, fractures, and disc degeneration in spinal procedures.  The devices available include cervical & thoracolumbar devices, interbody devices, artificial discs, dynamic stabilization devices, annulus repair devices, and spinal compression fracture devices.

The COVID-19 outbreak to several restrictions and lockdowns, which have been enforced by governments around the world, resulting in the shutdown of manufacturing and production operations of enterprises in the Germany spinal surgery devices market. This break in the flow of business operations and other relevant activities has a direct impact on market revenue drift. As a result, the identified factors are projected to restrain the growth of the Germany spinal surgeries device market during the forecast period.

Market Trends, Drivers, Restraints, and Opportunities

  • Advancements in spine surgery technologies is driving the market growth.
  • Increasing incidence of spinal disorders is boosting market expansion.
  • Launch of advanced bone grafting products is anticipated to propel the market growth.
  • High cost of spinal surgery device is expected to hamper the market growth during the forecast period.
  • Growing adoption of minimally invasive spine surgery is estimated to create ample opportunities for the Germany spinal surgery devices market.

Scope of the Report

The report on the Germany spinal surgery devices market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Germany spinal surgery devices Market - Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

Device Types (Spinal Decompressions [Corpectomy, Facetectomy, Foraminotomy Discectomy, and Laminotomy], Spinal Fusion [Cervical Fusion, Interbody Fusion, Thoracolumbar Fusion, and Others], Fracture Repair Devices, Arthroplasty Devices, and Non-fusion Devices)

Country

Germany

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

Globus Medical Inc.; Johnson & Johnson; Styker Corporation; Zimmer Holdings Inc.; and Medtronic PLC

Germany Spinal Surgery Devices Market Segment Insights

Corpectomy segment is anticipated to account for a significant market share.

Based on device types, the market is divided into spinal decompressions, spinal fusion, fracture repair devices, arthroplasty devices, and non-fusion devices. The   spinal decompressions segment is classified as corpectomy, facetectomy, foraminotomy discectomy, and laminotomy. The spinal fusion segment is categorized as cervical fusion, interbody fusion, thoracolumbar fusion, and others.  The corpectomy segment is expected to grow at a rapid pace during the forecast period due to growing geriatric population. Moreover, cervical corpectomy is a procedure that is performed on people who have a deteriorating cervical spine. Bony projections and herniated discs are the outcome of degenerative changes in the cervical spine. However, the interbody fusion segment is anticipated to hold a key share of the market in the coming years owing to instances of accidental spinal injuries and related diseases. Moreover, rising disposable income of consumers and increasing spending on interbody fusion segment is expected to boost the segment growth.

The non-fusion devices segment is anticipated to hold a key share of the market in the coming years due to presence of the advanced technologies in the spinal surgery device by key players in market. The laminotomy segment is expected to grow at a rapid pace during the forecast period attributed to increasing number of spinal injuries. Furthermore, spinal deformities are discovered in a large population and the number of patients continues to rise, which is to expand the market share of the laminotomy segment.

Germany Spinal Surgery Devices Market

Segments

Segments Covered in the Report

The Germany Spinal Surgery Devices market has been segmented on the basis of

Device Types

  • Spinal Decompressions
    • Corpectomy
    • Facetectomy
    • Foraminotomy Discectomy
    • Laminotomy
  • Spinal Fusion
    • Cervical Fusion
    • Interbody Fusion
    • ThoracoLumbar Fusion
    • Others
  • Fracture Repair Devices
  • Arthroplasty Devices
  • Non-fusion Devices

Country

  • Germany

Key Players

  • Globus Medical Inc.
  • Johnson & Johnson
  • Styker Corporation
  • Zimmer Holdings Inc.
  • Medtronic PLC

Competitive Landscape

The Germany spinal surgery devices market is moderately competitive in nature.  Key players competing in the Germany Spinal Surgery Devices market are Globus Medical Inc.; Johnson & Johnson; Styker Corporation; Zimmer Holdings Inc.; and Medtronic PLC. Technological breakthroughs and product innovations are accelerating the market share of industry players. Moreover, they’re engaging in partnerships with hospital chains to expand their market share.

Germany Spinal Surgery Devices Market

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Spinal Surgery Devices Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Spinal Surgery Devices Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Spinal Surgery Devices Market - Supply Chain
  4.5. Global Spinal Surgery Devices Market Forecast
     4.5.1. Spinal Surgery Devices Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Spinal Surgery Devices Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Spinal Surgery Devices Market Absolute $ Opportunity
5. Global Spinal Surgery Devices Market Analysis and Forecast by Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. Spinal Surgery Devices Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global Spinal Surgery Devices Demand Share Forecast, 2019-2026
6. North America Spinal Surgery Devices Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America Spinal Surgery Devices Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America Spinal Surgery Devices Demand Share Forecast, 2019-2026
7. Latin America Spinal Surgery Devices Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America Spinal Surgery Devices Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America Spinal Surgery Devices Demand Share Forecast, 2019-2026
8. Europe Spinal Surgery Devices Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Europe Average Pricing Analysis
  8.2. Europe Spinal Surgery Devices Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe Spinal Surgery Devices Demand Share Forecast, 2019-2026
9. Asia Pacific Spinal Surgery Devices Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific Spinal Surgery Devices Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific Spinal Surgery Devices Demand Share Forecast, 2019-2026
10. Middle East & Africa Spinal Surgery Devices Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa Spinal Surgery Devices Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa Spinal Surgery Devices Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global Spinal Surgery Devices Market: Market Share Analysis
  11.2. Spinal Surgery Devices Distributors and Customers
  11.3. Spinal Surgery Devices Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)

Segments Covered in the Report

The Germany Spinal Surgery Devices market has been segmented on the basis of

Device Types

  • Spinal Decompressions
    • Corpectomy
    • Facetectomy
    • Foraminotomy Discectomy
    • Laminotomy
  • Spinal Fusion
    • Cervical Fusion
    • Interbody Fusion
    • ThoracoLumbar Fusion
    • Others
  • Fracture Repair Devices
  • Arthroplasty Devices
  • Non-fusion Devices

Country

  • Germany

Key Players

  • Globus Medical Inc.
  • Johnson & Johnson
  • Styker Corporation
  • Zimmer Holdings Inc.
  • Medtronic PLC

The Germany spinal surgery devices market is moderately competitive in nature.  Key players competing in the Germany Spinal Surgery Devices market are Globus Medical Inc.; Johnson & Johnson; Styker Corporation; Zimmer Holdings Inc.; and Medtronic PLC. Technological breakthroughs and product innovations are accelerating the market share of industry players. Moreover, they’re engaging in partnerships with hospital chains to expand their market share.

Germany Spinal Surgery Devices Market

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