Europe Spine Surgery Devices Market

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Date Submitted: 04/14/2016 10:32 PM

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April 15th 2016 Mumbai, India: Bharatbook.com announces a report on “ Europe Spine Surgery Devices Market By Type (Fusion and Non-Fusion), By End User (Hospitals, Orthopedic Clinics, Ambulatory Surgery Centers), By Geography - Analysis and Forecast To 2020 ”. The report will enrich both established firms as well as new entrants/smaller firms to gauge the pulse of the market, which in turn will help them in garnering increased market share.

The European spine surgery devices market is expected to reach USD 2.37 billion by 2020, at a CAGR of 6.1% from 2015 to 2020. The factors contributing towards the growth of this market are increase in the incidences of spinal deformities, such as disc compression among the aging population in the European region as well as popularity of non-fusion devices, such as artificial spinal disc and nucleus. The increasing aging population, along with the advancement in medical technologies (minimally invasive techniques and biologics), is driving the demand for the spine surgery devices market in this region.

In this report, the European spine surgery devices market is broadly segmented into two types, namely, spinal fusion and spinal non-fusion devices. Among types, the spinal fusion devices segment led the European spine surgery devices market in 2014. The spinal fusion devices segment is further classified into cervical fusion and thoraco-lumbar fusion devices. Both, cervical fusion and thoraco-lumbar fusion devices are classified into spinal plating systems, pedicle screw systems, and others. The spinal non-fusion devices segment consists of motion preservation technologies, such as dynamic stabilization devices, interspinous process decompression (IPD) devices, cervical total disc replacement, and lumbar total disc replacement.

The European spine surgery devices market is a competitive market with a number of market players operating in it. Companies such as Stryker Corporation (U.S.), DePuy Synthes Companies of...