Growth and Opportunity in Global Spine Surgery Device Markets

Global markets for devices in spine surgery are ripe with innovation and continue to offer up opportunities despite cost pressures, a challenging economic climate and uncertain regulatory trends, according to a new report from MedMarket Diligence.
 
Aug. 18, 2011 - PRLog -- Driven by aging populations and technological advances leading to improved devices and less invasive surgery, and despite the current economic challenges, the aggregate global market for spine surgery devices is expected to see modest growth during the forecast period, 2010-2020, with several established and emerging segments demonstrating double digit annual growth.

Manufacturers of visualization systems, surgical instruments and devices are also aggressively capitalizing on demand for minimally invasive surgeries, with the intended result being to expand caseload to underserved demographics.  Younger patients are seeking earlier treatment of activity-limiting conditions.  Older patients, as a category swelling with baby boomers, are seeking a return to more active lifestyles,

Reimbursement and healthcare reform are expected to be drivers of growth during the forecast period, with clinical trials increasingly generating data in support of strong reimbursement and with reform initiatives trending toward increased patient caseload entering the healthcare system.

The 2011 MedMarket Diligence Report, "Worldwide Spine Surgery 2011: Products, Technologies, Markets & Opportunities, 2010-2020", detailed at http://www.mediligence.com/rpt/rpt-m520.htm, is a country-by-country analysis of the current and forecast markets for spine surgery devices, including Posterior Pedicle Screw Fusion Systems, Anterior Cervical Plate Systems, Anterior Thoraco-Lumbar Plate Systems, Anterior Lumbar Interbody Fusion, Transforaminal Lumbar Interbody Fusion, Posterior Lumbar Interbody Fusion, Axial Lumbar Interbody Fusion, Interspinous Process Spacer Systems, Cervical Artificial Discs, Lumbar Artificial Discs, Vertebroplasty, Balloon Kyphoplasty, Allografts, Demineralized Bone Matrices, and Bone Morphogenetic Proteins.  The report provides a current and ten-year forecast by region/country of procedures, unit sales, average selling price and manufacturer revenues for, specifically, Americas (USA, Canada, Mexico, Brazil), European Union (United Kingdom, Germany, France, Italy, Spain, Rest of Europe), Asia-Pacific (Japan, China, India, Australia/New Zealand) and Rest of World. The forecasts address product- and country-specific impacts in the market of new technologies through the coming decade.

The complete table of contents, list of exhibits and download/ordering information is provided at http://www.mediligence.com/rpt/rpt-m520.htm.

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MedMarket Diligence provides data and insight to the medical products, investment and other industries on advanced medical technologies through focused medical technology market and assessment Reports and the Medtech Startups Database.
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