The Latin America, Middle East and Africa Spinal Fusion Devices Market would witness Market growth of 8.2% CAGR during the forecast period (2022-2028).
The surgical technique of spinal fusion encompasses permanent merging of two or more bones in the vertebrae that make up the spinal column. Degenerative disc disease, herniated discs, spinal stenosis, and spine tumours are among the conditions treated by surgery. In addition, technological improvements in virtual reality and augmented, endoscopic surgery, and 3D printed implants for minimally invasive surgery are likely to drive Market expansion.
Major Key manufacturers are incorporating various technologies into their offerings, which is positively boosting demand for spinal arthrodesis devices. For patients with spinal problems, minimally invasive spine fusion devices & robotic-assisted spinal fusion surgery are bringing evolution across the spine treatment sector. Aside from that, increasing research on biologics, particularly Bone Morphogenetic Proteins (BMPs), is predicted to encourage the adoption of spinal fusion implant.
The increasing instances of spinal injuries and also the presence of organizations like SASCA and the South African Spine Society are the primary drivers fuelling the Market 's growth in South Africa. The South African Spine Society is a non-profit association of medical & complementary health practitioners dedicated to promoting continuing medical education for healthcare professionals and disseminating information about spine problems. As a result, the presence of these organizations is expected to raise public awareness. Since the last decade, much technological advancement have been made in the field of spinal surgery. Spinal navigation technology, which allows surgeons to precisely implant spinal equipment and executes the decompression process, is one of the most recent breakthroughs. Smaller incisions, less harm to normal tissues, quicker healing time, and speedier recovery are all possible outcomes of such advancements. Several other factors, such as the growing usage of minimally invasive operations, are likely to propel the Market forward throughout the forecast period. The Market for spinal surgical equipment is being driven by technical improvements and the implementation of novel technologies in South Africa.
The Brazil Market dominated the LAMEA Spinal Fusion Devices Market by Country 2021, and would continue to be a dominant Market till 2028; thereby, achieving a Market value of $212.3 million by 2028. The Argentina Market is estimated to grow at a CAGR of 8.8% during (2022 - 2028). Additionally, The UAE Market would display a CAGR of 7.9% during (2022 - 2028).
Based on Surgery, the Market is segmented into Minimally Invasive Spine Surgery and Open Spine Surgery. Based on Type, the Market is segmented into Thoracolumbar Devices, Cervical Fixation Devices, and Interbody Fusion Devices. Based on End User, the Market is segmented into Hospitals, Specialty Clinics, and Others. Based on countries, the Market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Spinal Fusion Devices Market is Predict to reach $9.7 Billion by 2028, at a CAGR of 4.6%
The Market research report covers the analysis of key stake holders of the Market . Key companies profiled in the report include Zimmer Biomet Holdings, Inc., Johnson & Johnson, Stryker Corporation, B. Braun Melsungen AG, Medtronic PLC, Alphatec Holdings Inc., Globus Medical, Inc., NuVasive, Inc., Orthofix Medical, Inc., and Exactech, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Surgery
- Minimally Invasive Spine Surgery
- Open Spine Surgery
By Type
- Thoracolumbar Devices
- Cervical Fixation Devices
- Interbody Fusion Devices
By End User
- Hospitals
- Specialty Clinics
- Others
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Zimmer Biomet Holdings, Inc.
- Johnson & Johnson
- Stryker Corporation
- B. Braun Melsungen AG
- Medtronic PLC
- Alphatec Holdings Inc.
- Globus Medical, Inc.
- NuVasive, Inc.
- Orthofix Medical, Inc.
- Exactech, Inc.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Spinal Fusion Devices Market, by Surgery
1.4.2 LAMEA Spinal Fusion Devices Market, by Type
1.4.3 LAMEA Spinal Fusion Devices Market, by End User
1.4.4 LAMEA Spinal Fusion Devices 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 Spinal Fusion Devices Market
Chapter 4. LAMEA Spinal Fusion Devices Market by Surgery
4.1 LAMEA Minimally Invasive Spine Surgery Market by Country
4.2 LAMEA Open Spine Surgery Market by Country
Chapter 5. LAMEA Spinal Fusion Devices Market by Type
5.1 LAMEA Thoracolumbar Devices Market by Country
5.2 LAMEA Cervical Fixation Devices Market by Country
5.3 LAMEA Interbody Fusion Devices Market by Country
Chapter 6. LAMEA Spinal Fusion Devices Market by End User
6.1 LAMEA Hospitals Market by Country
6.2 LAMEA Specialty Clinics Market by Country
6.3 LAMEA Others Market by Country
Chapter 7. LAMEA Spinal Fusion Devices Market by Country
7.1 Brazil Spinal Fusion Devices Market
7.1.1 Brazil Spinal Fusion Devices Market by Surgery
7.1.2 Brazil Spinal Fusion Devices Market by Type
7.1.3 Brazil Spinal Fusion Devices Market by End User
7.2 Argentina Spinal Fusion Devices Market
7.2.1 Argentina Spinal Fusion Devices Market by Surgery
7.2.2 Argentina Spinal Fusion Devices Market by Type
7.2.3 Argentina Spinal Fusion Devices Market by End User
7.3 UAE Spinal Fusion Devices Market
7.3.1 UAE Spinal Fusion Devices Market by Surgery
7.3.2 UAE Spinal Fusion Devices Market by Type
7.3.3 UAE Spinal Fusion Devices Market by End User
7.4 Saudi Arabia Spinal Fusion Devices Market
7.4.1 Saudi Arabia Spinal Fusion Devices Market by Surgery
7.4.2 Saudi Arabia Spinal Fusion Devices Market by Type
7.4.3 Saudi Arabia Spinal Fusion Devices Market by End User
7.5 South Africa Spinal Fusion Devices Market
7.5.1 South Africa Spinal Fusion Devices Market by Surgery
7.5.2 South Africa Spinal Fusion Devices Market by Type
7.5.3 South Africa Spinal Fusion Devices Market by End User
7.6 Nigeria Spinal Fusion Devices Market
7.6.1 Nigeria Spinal Fusion Devices Market by Surgery
7.6.2 Nigeria Spinal Fusion Devices Market by Type
7.6.3 Nigeria Spinal Fusion Devices Market by End User
7.7 Rest of LAMEA Spinal Fusion Devices Market
7.7.1 Rest of LAMEA Spinal Fusion Devices Market by Surgery
7.7.2 Rest of LAMEA Spinal Fusion Devices Market by Type
7.7.3 Rest of LAMEA Spinal Fusion Devices Market by End User
Chapter 8. Company Profiles
8.1 Zimmer Biomet Holdings, Inc.
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental & Regional Analysis
8.1.4 Research & Development Expense
8.2 Johnson & Johnson
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental &Regional Analysis
8.2.4 Research & Development Expenses
8.2.5 Recent strategies and developments:
8.2.5.1 Partnerships, Collaborations, and Agreements:
8.2.5.2 Product Launches and Product Expansions:
8.3 Stryker Corporation
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expense
8.4 B. Braun Melsungen AG
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental and Regional Analysis
8.4.4 Research & Development Expenses
8.5 Medtronic PLC
8.5.1 Company overview
8.5.2 Financial Analysis
8.5.3 Segmental and Regional Analysis
8.5.4 Research & Development Expenses
8.5.5 Recent strategies and developments:
8.5.5.1 Acquisition and Mergers:
8.6 Alphatec Holdings Inc.
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Regional Analysis
8.6.4 Research & Development Expenses
8.6.5 Recent strategies and developments:
8.6.5.1 Product Launches and Product Expansions:
8.7 Globus Medical, Inc.
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Regional Analysis
8.7.4 Research & Development Expense
8.7.5 Recent strategies and developments:
8.7.5.1 Product Launches and Product Expansions:
8.8 NuVasive, Inc.
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Regional Analysis
8.8.4 Research & Development Expense
8.8.5 Recent strategies and developments:
8.8.5.1 Product Launches and Product Expansions:
8.9 Orthofix Medical, Inc.
8.9.1 Company Overview
8.9.2 Financial Analysis
8.9.3 Segmental and Regional Analysis
8.9.4 Research & Development Expense
8.9.5 Recent strategies and developments:
8.9.5.1 Product Launches and Product Expansions:
8.10. Exactech, Inc.
8.10.1 Company Overview
8.10.2 Recent strategies and developments:
8.10.2.1 Acquisition and Mergers:
TABLE 1 LAMEA Spinal Fusion Devices Market, 2018 - 2021, USD Million
TABLE 2 LAMEA Spinal Fusion Devices Market, 2022 - 2028, USD Million
TABLE 3 LAMEA Spinal Fusion Devices Market by Surgery, 2018 - 2021, USD Million
TABLE 4 LAMEA Spinal Fusion Devices Market by Surgery, 2022 - 2028, USD Million
TABLE 5 LAMEA Minimally Invasive Spine Surgery Market by Country, 2018 - 2021, USD Million
TABLE 6 LAMEA Minimally Invasive Spine Surgery Market by Country, 2022 - 2028, USD Million
TABLE 7 LAMEA Open Spine Surgery Market by Country, 2018 - 2021, USD Million
TABLE 8 LAMEA Open Spine Surgery Market by Country, 2022 - 2028, USD Million
TABLE 9 LAMEA Spinal Fusion Devices Market by Type, 2018 - 2021, USD Million
TABLE 10 LAMEA Spinal Fusion Devices Market by Type, 2022 - 2028, USD Million
TABLE 11 LAMEA Thoracolumbar Devices Market by Country, 2018 - 2021, USD Million
TABLE 12 LAMEA Thoracolumbar Devices Market by Country, 2022 - 2028, USD Million
TABLE 13 LAMEA Cervical Fixation Devices Market by Country, 2018 - 2021, USD Million
TABLE 14 LAMEA Cervical Fixation Devices Market by Country, 2022 - 2028, USD Million
TABLE 15 LAMEA Interbody Fusion Devices Market by Country, 2018 - 2021, USD Million
TABLE 16 LAMEA Interbody Fusion Devices Market by Country, 2022 - 2028, USD Million
TABLE 17 LAMEA Spinal Fusion Devices Market by End User, 2018 - 2021, USD Million
TABLE 18 LAMEA Spinal Fusion Devices Market by End User, 2022 - 2028, USD Million
TABLE 19 LAMEA Hospitals Market by Country, 2018 - 2021, USD Million
TABLE 20 LAMEA Hospitals Market by Country, 2022 - 2028, USD Million
TABLE 21 LAMEA Specialty Clinics Market by Country, 2018 - 2021, USD Million
TABLE 22 LAMEA Specialty Clinics Market by Country, 2022 - 2028, USD Million
TABLE 23 LAMEA Others Market by Country, 2018 - 2021, USD Million
TABLE 24 LAMEA Others Market by Country, 2022 - 2028, USD Million
TABLE 25 LAMEA Spinal Fusion Devices Market by Country, 2018 - 2021, USD Million
TABLE 26 LAMEA Spinal Fusion Devices Market by Country, 2022 - 2028, USD Million
TABLE 27 Brazil Spinal Fusion Devices Market, 2018 - 2021, USD Million
TABLE 28 Brazil Spinal Fusion Devices Market, 2022 - 2028, USD Million
TABLE 29 Brazil Spinal Fusion Devices Market by Surgery, 2018 - 2021, USD Million
TABLE 30 Brazil Spinal Fusion Devices Market by Surgery, 2022 - 2028, USD Million
TABLE 31 Brazil Spinal Fusion Devices Market by Type, 2018 - 2021, USD Million
TABLE 32 Brazil Spinal Fusion Devices Market by Type, 2022 - 2028, USD Million
TABLE 33 Brazil Spinal Fusion Devices Market by End User, 2018 - 2021, USD Million
TABLE 34 Brazil Spinal Fusion Devices Market by End User, 2022 - 2028, USD Million
TABLE 35 Argentina Spinal Fusion Devices Market, 2018 - 2021, USD Million
TABLE 36 Argentina Spinal Fusion Devices Market, 2022 - 2028, USD Million
TABLE 37 Argentina Spinal Fusion Devices Market by Surgery, 2018 - 2021, USD Million
TABLE 38 Argentina Spinal Fusion Devices Market by Surgery, 2022 - 2028, USD Million
TABLE 39 Argentina Spinal Fusion Devices Market by Type, 2018 - 2021, USD Million
TABLE 40 Argentina Spinal Fusion Devices Market by Type, 2022 - 2028, USD Million
TABLE 41 Argentina Spinal Fusion Devices Market by End User, 2018 - 2021, USD Million
TABLE 42 Argentina Spinal Fusion Devices Market by End User, 2022 - 2028, USD Million
TABLE 43 UAE Spinal Fusion Devices Market, 2018 - 2021, USD Million
TABLE 44 UAE Spinal Fusion Devices Market, 2022 - 2028, USD Million
TABLE 45 UAE Spinal Fusion Devices Market by Surgery, 2018 - 2021, USD Million
TABLE 46 UAE Spinal Fusion Devices Market by Surgery, 2022 - 2028, USD Million
TABLE 47 UAE Spinal Fusion Devices Market by Type, 2018 - 2021, USD Million
TABLE 48 UAE Spinal Fusion Devices Market by Type, 2022 - 2028, USD Million
TABLE 49 UAE Spinal Fusion Devices Market by End User, 2018 - 2021, USD Million
TABLE 50 UAE Spinal Fusion Devices Market by End User, 2022 - 2028, USD Million
TABLE 51 Saudi Arabia Spinal Fusion Devices Market, 2018 - 2021, USD Million
TABLE 52 Saudi Arabia Spinal Fusion Devices Market, 2022 - 2028, USD Million
TABLE 53 Saudi Arabia Spinal Fusion Devices Market by Surgery, 2018 - 2021, USD Million
TABLE 54 Saudi Arabia Spinal Fusion Devices Market by Surgery, 2022 - 2028, USD Million
TABLE 55 Saudi Arabia Spinal Fusion Devices Market by Type, 2018 - 2021, USD Million
TABLE 56 Saudi Arabia Spinal Fusion Devices Market by Type, 2022 - 2028, USD Million
TABLE 57 Saudi Arabia Spinal Fusion Devices Market by End User, 2018 - 2021, USD Million
TABLE 58 Saudi Arabia Spinal Fusion Devices Market by End User, 2022 - 2028, USD Million
TABLE 59 South Africa Spinal Fusion Devices Market, 2018 - 2021, USD Million
TABLE 60 South Africa Spinal Fusion Devices Market, 2022 - 2028, USD Million
TABLE 61 South Africa Spinal Fusion Devices Market by Surgery, 2018 - 2021, USD Million
TABLE 62 South Africa Spinal Fusion Devices Market by Surgery, 2022 - 2028, USD Million
TABLE 63 South Africa Spinal Fusion Devices Market by Type, 2018 - 2021, USD Million
TABLE 64 South Africa Spinal Fusion Devices Market by Type, 2022 - 2028, USD Million
TABLE 65 South Africa Spinal Fusion Devices Market by End User, 2018 - 2021, USD Million
TABLE 66 South Africa Spinal Fusion Devices Market by End User, 2022 - 2028, USD Million
TABLE 67 Nigeria Spinal Fusion Devices Market, 2018 - 2021, USD Million
TABLE 68 Nigeria Spinal Fusion Devices Market, 2022 - 2028, USD Million
TABLE 69 Nigeria Spinal Fusion Devices Market by Surgery, 2018 - 2021, USD Million
TABLE 70 Nigeria Spinal Fusion Devices Market by Surgery, 2022 - 2028, USD Million
TABLE 71 Nigeria Spinal Fusion Devices Market by Type, 2018 - 2021, USD Million
TABLE 72 Nigeria Spinal Fusion Devices Market by Type, 2022 - 2028, USD Million
TABLE 73 Nigeria Spinal Fusion Devices Market by End User, 2018 - 2021, USD Million
TABLE 74 Nigeria Spinal Fusion Devices Market by End User, 2022 - 2028, USD Million
TABLE 75 Rest of LAMEA Spinal Fusion Devices Market, 2018 - 2021, USD Million
TABLE 76 Rest of LAMEA Spinal Fusion Devices Market, 2022 - 2028, USD Million
TABLE 77 Rest of LAMEA Spinal Fusion Devices Market by Surgery, 2018 - 2021, USD Million
TABLE 78 Rest of LAMEA Spinal Fusion Devices Market by Surgery, 2022 - 2028, USD Million
TABLE 79 Rest of LAMEA Spinal Fusion Devices Market by Type, 2018 - 2021, USD Million
TABLE 80 Rest of LAMEA Spinal Fusion Devices Market by Type, 2022 - 2028, USD Million
TABLE 81 Rest of LAMEA Spinal Fusion Devices Market by End User, 2018 - 2021, USD Million
TABLE 82 Rest of LAMEA Spinal Fusion Devices Market by End User, 2022 - 2028, USD Million
TABLE 83 key Information – Zimmer Biomet Holdings, Inc.
TABLE 84 Key information – Johnson & Johnson
TABLE 85 key Information – Stryker Corporation
TABLE 86 key Information – B. Braun Melsungen AG
TABLE 87 Key Information – Medtronic PLC
TABLE 88 Key Information – Alphatec Holdings Inc.
TABLE 89 key Information – Globus Medical, Inc.
TABLE 90 Key Information – NuVasive, Inc.
TABLE 91 Key Information – Orthofix Medical, Inc.
TABLE 92 key Information – Exactech, Inc.
List of Figures
FIG 1 Methodology for the research