Global Spine Market Report 2014 - Worldwide Market Size, Share, Trend, Growth, Analysis and Research Report

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Spine market is the largest segment of the global orthopedic industry. Spine disorders are categorized in four sections: degenerative conditions, deformities, tumor and trauma-based disorders. Spinal implants include both fusion and non-fusion devices: devices associated with vertebral compression fracture (VCF), interbody devices, cervical, thoracolumbar, and spinal stimulation devices.

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Spine industry has witnessed myriad technological advancements over the past two decades and it is expected that this trend will continue in future to solve the present challenges and fill the unmet needs of the market. It is expected that new innovations in the field of minimally invasive surgeries will continue to have a positive impact on the market as the new and improved surgical tool will make complicated spine surgeries easier than before. The principal advantage of these procedures over traditional surgery is short recovery time, short length scars, low risk of infection, less bleeding, and shorter hospital stays. Spine market is expected to show growth over the long term because of the driving factors such as increasing demand for motion preservation techniques, favorable dynamics, increased usage of implants in surgeries, and growing presence of new companies in the market every year. These small companies enter with their own unique and innovative products to address the various areas of spine industry.

The global spine surgery devices market has seen challenging and dynamic market conditions over past few years, but still remains strong. The US is the largest geographic market for spinal fusions today. Spinal fusions show clinical success among appropriately indicated patients in a variety of procedures, making...