Spinal Non-Fusion Devices Market Poised for Growth: Global Insights and Forecast to 2030 – Escalating Prevalence of Spinal Disorders, Advanced Product Options, and Product Developments – ResearchAndMarkets.com

Spinal Non-Fusion Devices Market Poised for Growth: Global Insights and Forecast to 2030 – Escalating Prevalence of Spinal Disorders, Advanced Product Options, and Product Developments – ResearchAndMarkets.com




Spinal Non-Fusion Devices Market Poised for Growth: Global Insights and Forecast to 2030 – Escalating Prevalence of Spinal Disorders, Advanced Product Options, and Product Developments – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Spinal Non-Fusion Devices Market Insights, Competitive Landscape and Market Forecast – 2030” report has been added to ResearchAndMarkets.com’s offering.


The Spinal Non-Fusion Devices industry is gearing up for a period of significant growth, with a market analysis revealing a steady CAGR projection until 2030. This surge is attributed to a combination of factors, including an uptick in the incidence of spinal ailments, aging demographics, and a stream of technological innovations entering the market space.

According to a detailed market assessment, the Spinal Non-Fusion Devices sector was valued at a commendable USD 2,757.17 million in the year 2023. Forecasted to climb at a CAGR of 5.22% from 2024 to 2030, the market is expected to flourish, touching a market valuation of USD 3,731.02 million by 2030. The expected growth trajectory is attributed to the escalating prevalence of spinal disorders, advanced product options, and burgeoning product development endeavors.

Dynamics Influencing the Spinal Non-Fusion Devices Sector

Multiple factors are set to fuel the expansion of the spinal non-fusion devices market, with an overarching increase in spinal disorder incidences being a pivotal driver. The World Health Organization highlights a staggering 619 million individuals globally affected by lower back pain as of 2020, a number projected to rise to approximately 843 million by 2050 due to demographic shifts and an aging population.

Road traffic accidents are also contributing to the demand for this market. WHO statistics suggest that 20-50 million individuals sustain non-fatal injuries each year due to such incidents.

Added to physical injuries, technological advancements in medical devices are adding momentum to market growth. Innovations in artificial discs are providing enhanced alternatives to spinal fusion procedures, further underpinning their popularity and adoption.

However, the presence of alternative treatment options and stringent approval processes pose challenges that could temper market growth.

Segmentation Highlights

Within the product categories, artificial discs (specifically lumbar and cervical variants) are anticipated to dominate, backed by their versatility and comprehensive benefits. Developments, such as FDA-approved devices like Centinel Spine, LLC’s prodiscĀ® L Total Disc Replacement, are indicators of the segment’s vitality.

North America, with a substantial market share, continues to spearhead the global Spinal Non-Fusion Devices arena. Factors such as an upsurge in spinal cord injuries, robust product development, and the base of major industry players contribute to the region’s dominance.

Leading Market Participants

The Spinal Non-Fusion Devices market boasts of a robust roster of participants, including Stryker, NuVasive Inc., Medtronic, and a host of other significant industry forces, all gearing up to meet the growing demands and expectations of the market.

Recent innovations have marked the competitive landscape, with Premia Spine securing FDA approval for its TOPS System and other notable product launches that are shaping the future of spinal treatment.

With specialized segmentation ranging from product type to global geography, this comprehensive market assessment elucidates the dynamic environment of the Spinal Non-Fusion Devices market. The analysis is equipped to serve various stakeholders, from healthcare providers to research entities, elucidating the current state and sketching a roadmap for the future of spinal treatments.

A selection of companies mentioned in this report includes

  • Stryker
  • NuVasive Inc.
  • Medtronic
  • ZimVie Inc.
  • B. Braun SE
  • Surgalign Spine Technologies
  • Orthofix Medical Inc
  • Premia Spine
  • Globus Medical
  • Centinel Spine, LLC
  • Normed Medical
  • Neuro France Implants
  • Ackermann Medical GmbH & Co. KG
  • SpineVision
  • Aditus Medical
  • SIGNUS Medizintechnik GmbH
  • SpineSave AG
  • OrthoPediatrics Corp.
  • Paonan Co., Ltd
  • Johnson & Johnson Services, Inc.

For more information about this report visit https://www.researchandmarkets.com/r/2j2tay

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