Subject: MRR
Interventional Spine Devices Market to grow by USD 1.80 bn | Increasing Incidence of Spine & Bone Disorders to Boost Growth |17000+ Technavio Reports
NEW YORK, Oct. 15, 2021 /PRNewswire/ -- The interventional spine devices market is expected to grow by USD 1.80 billion from 2021 to 2025. However, the growth momentum is likely to decelerate at a CAGR of 7.40% according to the latest market report by Technavio.
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The market is fragmented, and the degree of fragmentation will decelerate during the forecast period. Abbott Laboratories, Alphatec Holdings Inc., Globus Medical Inc., joimax GmbH, Nuvasive Inc., Safe Orthopaedics, SeaSpine Holdings Corp., Spinal Elements Inc., and Surgalign Holdings, Inc. are some of the major market participants. The increasing incidence of spine and bone disorders, growing demand for MI and non-invasive procedures, and the favorable reimbursement scenario will offer immense growth opportunities. However, the availability of alternate medication options might hamper the market growth.
Interventional Spine Devices Market 2021-2025: Segmentation
- Geography
- North America
- Europe
- Asia
- ROW
- Procedure
- Vertebroplasty
- Kyphoplasty
- Radiofrequency ablation
- Others
Interventional Spine Devices Market 2021-2025: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our interventional spine devices market report covers the following areas:
- Interventional Spine Devices Market size
- Interventional Spine Devices Market trends
- Interventional Spine Devices Market industry analysis
Interventional Spine Devices Market 2021-2025: Vendor Analysis
We provide a detailed analysis of around 25 vendors operating in the Interventional Spine Devices Market. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
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Interventional Spine Devices Market 2021-2025: Key Highlights
- CAGR of the market during the forecast period 2021-2025
- Detailed information on factors that will assist interventional spine devices market growth during the next five years
- Estimation of the interventional spine devices market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the interventional spine devices market
- Analysis of the market's competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of interventional spine devices market vendors
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Interventional Spine Devices Market Scope | ||
Report Coverage | Details | |
Page number | 120 | |
Base year | 2020 | |
Forecast period | 2021-2025 | |
Growth momentum & CAGR | Decelerate at a CAGR of 7.40% | |
Market growth 2021-2025 | USD 1.80 billion | |
Market structure | Fragmented | |
YoY growth (%) | 9.97 | |
Regional analysis | North America, Europe, Asia, and ROW | |
Performing market contribution | North America at 47% | |
Key consumer countries | US, UK, China, Germany, and Canada | |
Competitive landscape | Leading companies, competitive strategies, consumer engagement scope | |
Companies profiled | Abbott Laboratories, Alphatec Holdings Inc., Globus Medical Inc., joimax GmbH, Nuvasive Inc., Safe Orthopaedics, SeaSpine Holdings Corp., Spinal Elements Inc., and Surgalign Holdings, Inc. | |
Market Dynamics | Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period | |
Customization purview | If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. | |
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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SOURCE Technavio
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