Spinal Surgery Market

Saudi Arabia Spinal Surgery Devices Market by Device Types (Spinal Fusion [Cervical, Interbody, ThoracoLumbar, and Others], Spinal Decompression [Corpectomy, Laminotomy, Discectomy, and Others], Fracture Repair Devices, and Others) and Country- Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028

  • Report ID: HC-2663
  • Author: Growth Market Reports
  • Rating: 4.8
  • Total Reviews: 2
  • No. Of Pages: 183
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The Saudi Arabia spinal surgery devices market size is expected to expand at a significant CAGR during the forecast period, 2021–2028. The growth of the market is attributed to improved healthcare infrastructure and education facilities.

Saudi Arabia Spinal Surgery Market key takeaways

Surgical devices and spinal implants are used to treat medical abnormalities and diseases. These devices are made from biodegradable materials such as titanium alloy, titanium, and stainless steel, and are typically offered in two varieties, namely fusion implants and non-fusion implants. Fusion implants include rods, titanium alloy, plates, screws, and abutments cages. Non-fusion implants, on the other hand, includes artificial discs, inflatable rods, and growth-sparing devices. Moreover, thoracic, lumbar, and cervical fusion, as well as spinal decompression devices, are utilised for a variety of therapeutic methods.

Spinal devices are widely used in spinal surgeries to cure disfigurements, broken bones, and disc degradation. Cervical and thoracolumbar devices, vertebral body devices, artificial discs, dynamic stabilisation devices, annulus repair devices, and spinal cord compression fracture devices fall under the market’s product segment. The prevalence of neurodegenerative disorders and age-related spinal disfigurements is increasing the demand for spine devices.

Market Trends, Drivers, Restraints and Opportunities

  • Improvements in spine surgical technology as well as an increasing prevalence of spinal diseases are estimated to fuel the market growth.
  • Introduction of advanced bone grafting products and growing acceptance of minimally invasive spine procedures are anticipated to fuel the growth of the market.
  •  Increasing government expenditure on spine treatment is expected to fuel the market growth.
  • The COVID-19 pandemic hampered the market growth owing to reservation of beds in hospitals for the inflicted patients. However, the market is anticipated to recover soon.
  • Growing incidence of spinal disorders such as scoliosis, degenerative disc disease, kyphosis, and spondylolisthesis is driving the market expansion.
  • High cost of spinal surgery as well as reimbursement concerns can restrain the market growth during the projected timeline.
  • Emerging markets such as China, India, Brazil, and Mexico are likely to provide substantial growth opportunities for participants in the spinal implants and surgical devices market.

Scope of the Report

The report on the Saudi Arabia spinal surgery 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

Saudi Arabia Spinal Surgery Market - Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

Device Types (Spinal Fusion [Cervical, Interbody, ThoracoLumbar, and Others], Spinal Decompression[Corpectomy, Laminotomy, Discectomy, and Others], Fracture Repair Devices, and Others)

Country

Saudi Arabia

Report Coverage

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

Key Players Covered in the Report

Styker Corporation; Zimmer Biomet; Johnson & Johnson; Medtronic PLC; and NuVasive, Inc.

Saudi Arabia Spinal Surgery Market Segment Insights

Spinal fusion segment is expected to grow at a rapid pace

Based on device types, the market is divided into spinal fusion, spinal decompression, fracture repair devices. The spinal fusion segment is categorized as as cervical, interbody, thoracolumbar, and others. The spinal decompression segment is further sub-segmented into corpectomy, laminotomy, discectomy, and others.

The spinal fusion segment is expected to grow at a rapid pace during the forecast period owing to the leading market participants introducing both anterior and posterior dynamic lumbar spine stabilisation devices. However, the spinal decompression segment is anticipated to hold a key share of the market in the coming years. Various products in the market offer conventionally successful therapies for lumbar spinal stenosis sufferers, as well as sophisticated alternative treatments for decompression spine surgery.

The fracture repair devices segment is expected to grow at a healthy rate due to significant advancements in the minimally invasive surgery market. Moreover, rising osteoporosis prevalence, geriatric population, and technological developments are the key performance indicators of the market growth in the country.

Saudi Arabia Spinal Surgery Market by device types

Segments

The Saudi Arabia spinal surgery market has been segmented on the basis of

Device Types

  • Spinal Fusion
    • Cervical
    • Interbody
    • ThoracoLumbar
    • Others
  • Spinal Decompression
    • Corpectomy
    • Laminotomy
    • Discectomy
    • Others
  • Fracture Repair Devices, and Others

Country

  • Saudi Arabia

Key Players

  • Styker Corporation
  • Zimmer Biomet
  • Johnson & Johnson
  • Medtronic PLC
  • NuVasive, Inc.

Competitive Landscape

The key players competing in the Saudi Arabia spinal surgery market are Styker Corporation; Zimmer Biomet; Johnson & Johnson; Medtronic PLC; and NuVasive, Inc.

Companies are engaging in partnerships, acquisitions, and mergers to expand their market share. For instance, they’re entering into partnership with medical universities to improve the product line and leverage their market positon.

Saudi Arabia Spinal Surgery Market by key players

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Spinal Surgery 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 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 Market - Supply Chain
  4.5. Global Spinal Surgery Market Forecast
     4.5.1. Spinal Surgery Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Spinal Surgery Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Spinal Surgery Market Absolute $ Opportunity
5. Global Spinal Surgery 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 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 Demand Share Forecast, 2019-2026
6. North America Spinal Surgery 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 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 Demand Share Forecast, 2019-2026
7. Latin America Spinal Surgery 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 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 Demand Share Forecast, 2019-2026
8. Europe Spinal Surgery 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 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 Demand Share Forecast, 2019-2026
9. Asia Pacific Spinal Surgery 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 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 Demand Share Forecast, 2019-2026
10. Middle East & Africa Spinal Surgery 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 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 Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global Spinal Surgery Market: Market Share Analysis
  11.2. Spinal Surgery Distributors and Customers
  11.3. Spinal Surgery Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     11.4.1. Styker Corporation
     11.4.2. Zimmer Biomet
     11.4.3. Johnson & Johnson
     11.4.4. Medtronic PLC
     11.4.5. NuVasive, Inc.

The Saudi Arabia spinal surgery market has been segmented on the basis of

Device Types

  • Spinal Fusion
    • Cervical
    • Interbody
    • ThoracoLumbar
    • Others
  • Spinal Decompression
    • Corpectomy
    • Laminotomy
    • Discectomy
    • Others
  • Fracture Repair Devices, and Others

Country

  • Saudi Arabia

Key Players

  • Styker Corporation
  • Zimmer Biomet
  • Johnson & Johnson
  • Medtronic PLC
  • NuVasive, Inc.

The key players competing in the Saudi Arabia spinal surgery market are Styker Corporation; Zimmer Biomet; Johnson & Johnson; Medtronic PLC; and NuVasive, Inc.

Companies are engaging in partnerships, acquisitions, and mergers to expand their market share. For instance, they’re entering into partnership with medical universities to improve the product line and leverage their market positon.

Saudi Arabia Spinal Surgery Market by key players

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