The Asia Pacific Spine Bone Stimulators Market would witness market growth of 4.7% CAGR during the forecast period (2022-2028).
Surgically inserting titanium, titanium-alloy, stainless steel, or non-metallic substances into the spine is known as spinal instrumentation. The spine is a long-term solution for spinal instability. Medical implants are available in a wide range of shapes, sizes, and designs, all of which are intended to cure spinal problems in persons of different ages. Spondylolisthesis, degenerative disc degeneration, and other spinal anomalies are treated with spine bone stimulators devices. The market is expanding due to an increase in the older population and the frequency of spinal illnesses.
Fractures, trauma, deformity, tumors, and degenerative diseases can all cause the spinal system to become unstable. Aside from these reasons, a blocked blood supply, traumas, infections, and compression caused by a tumor or shattered bone can all result in spinal cord injury. Spine bone stimulators devices give stability when the spinal system loses strength due to the disorders listed above. In recent years, the market for spine bone stimulators devices has profited from a rise in the occurrence of spinal cord injuries.
Asia Pacific has a considerable market for spine bone stimulator devices due to an increase in the prevalence of spinal disorders and higher healthcare spending. Furthermore, the rapidly aging population, as well as the cheaper cost of spinal procedures in developing countries such as India compared to affluent countries, has increased the demand for spinal implants. Significant institutions in India do spinal surgery, including numerous multi-faculty spinal surgery facilities and super-specialty hospitals that perform complex and sophisticated surgeries like microscopic spine surgery. The desire for spine bone stimulators is predicted to rise as a result of the aforementioned difficulties.
The demand for spinal arthrodesis devices is likely to increase throughout the forecast period, owing to favorable reimbursement for spine operations and the increased frequency of degenerative diseases and spine fractures in the Asia Pacific. In September 2019, the Australian government announced changes to the Medicare Benefits Schedule (MBS) items for spine procedures, ensuring that patients who have spinal surgery are properly reimbursed. This is expected to help the Asia Pacific market grow even further.
The China market dominated the Asia Pacific Spine Bone Stimulators Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $49.5 million by 2028. The Japan market is experiencing a CAGR of 4.1% during (2022 - 2028). Additionally, The India market would exhibit a CAGR of 5.3% during (2022 - 2028).
Based on Device Type, the market is segmented into Non-Invasive and Invasive. Based on End User, the market is segmented into Hospitals, Specialty Clinics, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Spine Bone Stimulators Market is Projected to reach USD 626.2 Million by 2028, at a CAGR of 4.1%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include DJO Global, Inc. (Enovis), Zimmer Biomet, Orthofix Medical Inc., Elizur Corporation, Ossatec Benelux BV, IGEA S.p.A., ManaMed Inc., Theragen, Inc., Intelligent Implants, and Orchid Medical, Inc
Scope of the Study
Market Segments Covered in the Report:
By Device Type
By End User
- Hospitals
- Specialty Clinics
- Others
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- DJO Global, Inc. (Enovis)
- Zimmer Biomet
- Orthofix Medical Inc.
- Elizur Corporation
- Ossatec Benelux BV
- IGEA S.p.A.
- ManaMed Inc.
- Theragen, Inc.
- Intelligent Implants
- Orchid Medical, Inc.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Spine Bone Stimulators Market, by Device Type
1.4.2 Asia Pacific Spine Bone Stimulators Market, by End User
1.4.3 Asia Pacific Spine Bone Stimulators Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Strategies Deployed in Spine Bone Stimulators Market
Chapter 4. Asia Pacific Spine Bone Stimulators Market by Device Type
4.1 Asia Pacific Non-Invasive Market by Country
4.2 Asia Pacific Invasive Market by Country
Chapter 5. Asia Pacific Spine Bone Stimulators Market by End User
5.1 Asia Pacific Hospitals Market by Country
5.2 Asia Pacific Specialty Clinics Market by Country
5.3 Asia Pacific Others Market by Country
Chapter 6. Asia Pacific Spine Bone Stimulators Market by Country
6.1 China Spine Bone Stimulators Market
6.1.1 China Spine Bone Stimulators Market by Device Type
6.1.2 China Spine Bone Stimulators Market by End User
6.2 Japan Spine Bone Stimulators Market
6.2.1 Japan Spine Bone Stimulators Market by Device Type
6.2.2 Japan Spine Bone Stimulators Market by End User
6.3 India Spine Bone Stimulators Market
6.3.1 India Spine Bone Stimulators Market by Device Type
6.3.2 India Spine Bone Stimulators Market by End User
6.4 South Korea Spine Bone Stimulators Market
6.4.1 South Korea Spine Bone Stimulators Market by Device Type
6.4.2 South Korea Spine Bone Stimulators Market by End User
6.5 Singapore Spine Bone Stimulators Market
6.5.1 Singapore Spine Bone Stimulators Market by Device Type
6.5.2 Singapore Spine Bone Stimulators Market by End User
6.6 Malaysia Spine Bone Stimulators Market
6.6.1 Malaysia Spine Bone Stimulators Market by Device Type
6.6.2 Malaysia Spine Bone Stimulators Market by End User
6.7 Rest of Asia Pacific Spine Bone Stimulators Market
6.7.1 Rest of Asia Pacific Spine Bone Stimulators Market by Device Type
6.7.2 Rest of Asia Pacific Spine Bone Stimulators Market by End User
Chapter 7. Company Profiles
7.1 DJO Global (Enovis)
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expenses
7.1.5 Recent strategies and developments:
7.1.5.1 Partnerships, Collaborations, and Agreements:
7.1.5.2 Product Launches and Product Expansions:
7.2 Orthofix Medical, Inc.
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Research & Development Expense
7.2.5 Recent strategies and developments:
7.2.5.1 Partnerships, Collaborations, and Agreements:
7.2.5.2 Approvals and Trails:
7.3 Zimmer Biomet Holdings, Inc.
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 Research & Development Expense
7.3.5 Recent strategies and developments:
7.3.5.1 Partnerships, Collaborations, and Agreements:
7.4 Elizur Corporation
7.4.1 Company Overview
7.5 Ossatec Benelux BV
7.5.1 Company Overview
7.6 IGEA S.p.A.
7.6.1 Company Overview
7.7 ManaMed, Inc.
7.7.1 Company Overview
7.8 Theragen, Inc.
7.8.1 Company Overview
7.9 Intelligent Implants, Ltd.
7.9.1 Company Overview
7.10. Orchid Medical, Inc.
7.10.1 Company Overview
TABLE 1 Asia Pacific Spine Bone Stimulators Market, 2018 - 2021, USD Million
TABLE 2 Asia Pacific Spine Bone Stimulators Market, 2022 - 2028, USD Million
TABLE 3 Asia Pacific Spine Bone Stimulators Market by Device Type, 2018 - 2021, USD Million
TABLE 4 Asia Pacific Spine Bone Stimulators Market by Device Type, 2022 - 2028, USD Million
TABLE 5 Asia Pacific Non-Invasive Market by Country, 2018 - 2021, USD Million
TABLE 6 Asia Pacific Non-Invasive Market by Country, 2022 - 2028, USD Million
TABLE 7 Asia Pacific Invasive Market by Country, 2018 - 2021, USD Million
TABLE 8 Asia Pacific Invasive Market by Country, 2022 - 2028, USD Million
TABLE 9 Asia Pacific Spine Bone Stimulators Market by End User, 2018 - 2021, USD Million
TABLE 10 Asia Pacific Spine Bone Stimulators Market by End User, 2022 - 2028, USD Million
TABLE 11 Asia Pacific Hospitals Market by Country, 2018 - 2021, USD Million
TABLE 12 Asia Pacific Hospitals Market by Country, 2022 - 2028, USD Million
TABLE 13 Asia Pacific Specialty Clinics Market by Country, 2018 - 2021, USD Million
TABLE 14 Asia Pacific Specialty Clinics Market by Country, 2022 - 2028, USD Million
TABLE 15 Asia Pacific Others Market by Country, 2018 - 2021, USD Million
TABLE 16 Asia Pacific Others Market by Country, 2022 - 2028, USD Million
TABLE 17 Asia Pacific Spine Bone Stimulators Market by Country, 2018 - 2021, USD Million
TABLE 18 Asia Pacific Spine Bone Stimulators Market by Country, 2022 - 2028, USD Million
TABLE 19 China Spine Bone Stimulators Market, 2018 - 2021, USD Million
TABLE 20 China Spine Bone Stimulators Market, 2022 - 2028, USD Million
TABLE 21 China Spine Bone Stimulators Market by Device Type, 2018 - 2021, USD Million
TABLE 22 China Spine Bone Stimulators Market by Device Type, 2022 - 2028, USD Million
TABLE 23 China Spine Bone Stimulators Market by End User, 2018 - 2021, USD Million
TABLE 24 China Spine Bone Stimulators Market by End User, 2022 - 2028, USD Million
TABLE 25 Japan Spine Bone Stimulators Market, 2018 - 2021, USD Million
TABLE 26 Japan Spine Bone Stimulators Market, 2022 - 2028, USD Million
TABLE 27 Japan Spine Bone Stimulators Market by Device Type, 2018 - 2021, USD Million
TABLE 28 Japan Spine Bone Stimulators Market by Device Type, 2022 - 2028, USD Million
TABLE 29 Japan Spine Bone Stimulators Market by End User, 2018 - 2021, USD Million
TABLE 30 Japan Spine Bone Stimulators Market by End User, 2022 - 2028, USD Million
TABLE 31 India Spine Bone Stimulators Market, 2018 - 2021, USD Million
TABLE 32 India Spine Bone Stimulators Market, 2022 - 2028, USD Million
TABLE 33 India Spine Bone Stimulators Market by Device Type, 2018 - 2021, USD Million
TABLE 34 India Spine Bone Stimulators Market by Device Type, 2022 - 2028, USD Million
TABLE 35 India Spine Bone Stimulators Market by End User, 2018 - 2021, USD Million
TABLE 36 India Spine Bone Stimulators Market by End User, 2022 - 2028, USD Million
TABLE 37 South Korea Spine Bone Stimulators Market, 2018 - 2021, USD Million
TABLE 38 South Korea Spine Bone Stimulators Market, 2022 - 2028, USD Million
TABLE 39 South Korea Spine Bone Stimulators Market by Device Type, 2018 - 2021, USD Million
TABLE 40 South Korea Spine Bone Stimulators Market by Device Type, 2022 - 2028, USD Million
TABLE 41 South Korea Spine Bone Stimulators Market by End User, 2018 - 2021, USD Million
TABLE 42 South Korea Spine Bone Stimulators Market by End User, 2022 - 2028, USD Million
TABLE 43 Singapore Spine Bone Stimulators Market, 2018 - 2021, USD Million
TABLE 44 Singapore Spine Bone Stimulators Market, 2022 - 2028, USD Million
TABLE 45 Singapore Spine Bone Stimulators Market by Device Type, 2018 - 2021, USD Million
TABLE 46 Singapore Spine Bone Stimulators Market by Device Type, 2022 - 2028, USD Million
TABLE 47 Singapore Spine Bone Stimulators Market by End User, 2018 - 2021, USD Million
TABLE 48 Singapore Spine Bone Stimulators Market by End User, 2022 - 2028, USD Million
TABLE 49 Malaysia Spine Bone Stimulators Market, 2018 - 2021, USD Million
TABLE 50 Malaysia Spine Bone Stimulators Market, 2022 - 2028, USD Million
TABLE 51 Malaysia Spine Bone Stimulators Market by Device Type, 2018 - 2021, USD Million
TABLE 52 Malaysia Spine Bone Stimulators Market by Device Type, 2022 - 2028, USD Million
TABLE 53 Malaysia Spine Bone Stimulators Market by End User, 2018 - 2021, USD Million
TABLE 54 Malaysia Spine Bone Stimulators Market by End User, 2022 - 2028, USD Million
TABLE 55 Rest of Asia Pacific Spine Bone Stimulators Market, 2018 - 2021, USD Million
TABLE 56 Rest of Asia Pacific Spine Bone Stimulators Market, 2022 - 2028, USD Million
TABLE 57 Rest of Asia Pacific Spine Bone Stimulators Market by Device Type, 2018 - 2021, USD Million
TABLE 58 Rest of Asia Pacific Spine Bone Stimulators Market by Device Type, 2022 - 2028, USD Million
TABLE 59 Rest of Asia Pacific Spine Bone Stimulators Market by End User, 2018 - 2021, USD Million
TABLE 60 Rest of Asia Pacific Spine Bone Stimulators Market by End User, 2022 - 2028, USD Million
TABLE 61 Key Information – DJO Global
TABLE 62 Key Information – Orthofix Medical, Inc.
TABLE 63 key Information – Zimmer Biomet Holdings, Inc.
TABLE 64 Key Information – elizur Corporation
TABLE 65 Key Information – Ossatec Benelux BV
TABLE 66 Key Information – IGEA S.p.A.
TABLE 67 Key Information – ManaMed, Inc.
TABLE 68 Key Information – Theragen, Inc.
TABLE 69 Key Information – Intelligent Implants, Ltd.
TABLE 70 Key Information – Orchid Medical, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 Recent strategies and developments: DJO Global