North America Spinal Surgery Market Size | Forecast [2031]

Report Description

The North America spinal surgery market size was USD XX Billion in 2022 and is likely to reach USD XX Billion by 2031, expanding at a CAGR of 7.13% during 2023–2031. The growth of the market is attributed to development of quick and pain less procedure as compared to the traditional spinal surgeries.

According to the WHO, back pain affects people of all ages, from children to the elderly, and is a common reason for medical visits. The frequency of back pain is already high by early middle age, and symptoms tend to persist over time, making it difficult to estimate the occurrence of back pain. The lifetime prevalence of common back pain is estimated to be 60 percent to 70 percent in industrialized countries.

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Numerous chronic pain patients get addicted to opioid analgesics, and one of the many advantages of spinal cord stimulators is that they help to restrict the usage of these narcotics. The United States, in particular, has experienced a concerning trend of drug and opioid consumption, which the government has labelled a public health crisis. As a result, doctors are scrambling to find new ways to minimize the number of opioid prescriptions written.

Instrumented and no instrumented spinal fusion surgeries are the two types. Non-instrumented operations are those in which no implants are utilized and the bones are allowed to fuse naturally without them. The gold standard of therapy is spinal fusion with instrumentation and internal implants.

The insertion of a plate, an interbody device, and/or screw/rod fixation system to replace the intervertebral disc between the designated vertebral bodies to be fused, which helps enhance stability and promote fusion in the indicated vertebral segment, is a common fusion surgery.

According to the National Spinal Cord Injury Association Resource Center, each year in the United States, 32 spinal injuries per million people, or 7800 injuries, occur. Increased manufacturing of spinal implants, spinal surgery, and continued research on increasing the quality of care for continence is expected to create an attractive growth opportunity for the spinal device.

Roughly 85-90 percent of spine procedures involve fusion and also this is prevalent throughout markets. According to the Agency for Healthcare Research and Quality (AHRQ), over 488,000 spinal fusions were done during hospital stays in the United States in 2013, accounting for 3.1 percent of all operating room operations. (AJ Weiss, et al.) According to more current data from the same organization, 406,735 spinal fusion surgeries were discharged in 2013, with an average stay of 3.7 days.

Biomaterials have been a growing trend in muscle surgery, and the use of bone replacement embeds, as well as bone upgrading elements, has become increasingly important in spine surgery. Because of the development of embeds materials and cutting-edge bone recovery securing, the current spine medical process is facing expanding, testing clinical difficulties, and the meticulous methodology has basically changed.

Market Trends, Drivers, Restraints, and Opportunities

• Rapid growth of healthcare and medical equipment industries are major factors propelling the market growth.

• Growing ageing population is anticipated to drive the market in the coming years.

• Associations and government investments and encouraging the development of newer and innovative technologies to improve local healthcare system are expected to fuel the market.

• Increasing number of accident patients is projected to boost the market during the forecast period.

• Rising demands for minimally invasive spinal surgery is projected to drive the market in coming years.

• High cost of spinal surgeries is expected to hinder the market growth.

• Delay in FDA product approvals and increasing case of medical device failures acts as key challenges that can restrict the market expansion during the forecast period.

• Developments such as advanced algorithms, patient connection platform, 3D analysis, cross modality image registration is anticipated to create immense opportunities for the market players.

Scope of North America Spinal Surgery Market Report

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

North America Spinal Surgery Market Segment Insights

The cervical fusion segment is projected to hold a major market share

Based on device types, the North America spinal surgery market is divided into spinal fusion, spinal decompression, fracture repair devices, arthroplasty devices and non-fusion devices. The spinal fusion segment is further segmented into cervical fusion, interbody fusion, thoracolumbar fusion, and others.

The cervical fusion segment is expected to represent a key share of the market during the forecast period owing to rise in the occurrence of spinal problems such as spinal stenosis, severe kyphosis, and vertebral fracture. In the majority of these situations, surgery is the sole choice for therapy. Furthermore, thoracolumbar fractures might be the most common reason for surgical intervention.

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