Asia Pacific Spinal Trauma Devices Market By Device Type (Internal Fixation Devices, External Fixation Devices), By Region - Industry Analysis, Size, Share, Growth, Trends, And Forecasts (2018-2023)

Asia Pacific Spinal Trauma Devices Market By Device Type (Internal Fixation Devices, External Fixation Devices), By Region - Industry Analysis, Size, Share, Growth, Trends, And Forecasts (2018-2023)

ID: 5181 | Pages: 145 | April 2018 | Region: Asia Pacific


Overview of the Market:
The Asia Pacific Spinal Trauma Devices market size was around USD 710 million in 2018. It is expected to grow at a CAGR of 6.5% to reach USD 980 million by 2023. It captures 20% of the global market.

Spinal trauma devices are used for stabilizing spine injuries. It allows people to walk easily as it reduces the compression in the affected area of the spine thereby reducing pain and stress on the injured part giving body the time it needs to fix itself.

Rapid advancements in technology coupled with their growing awareness in the less developed areas of the world, market demand shift from metallic fixators to bioresorbable implants and finally the ever increasing demand for minimally invasive treatments are expected to fuel the growth of this market in the forecast period.

Inadequate insurance schemes and their proper regulation especially in the developing countries is a major restraint of market growth.

This market is broadly classified by device type into External Fixation Devices and Internal Fixation Devices. Internal fixation devices accounted for the larger market share in 2016 and is expected to stay in the lead till the end of 2022. It is also predicted to grow at a CAGR of nearly 7% in the forecast period. It is further categorized into rods and pins, bone grafts and plate and screws. On the other hand the external fixation devices market category is anticipated to be growing at a CAGR of nearly 5%. Internal fixation devices are economical and highly efficient which explains the occurrence of above mentioned trend. Along with that they are also highly flexible and more durable and require less number of post-operative follow ups. Usage of external fixation devices can cause swelling. Braces, exoskeletons etc. fall in this category.

Geographical Analysis: 
Classification by geography entails India, China, Korea, Japan and others. Augmenting geriatric population is the reason why Asia Pacific is predicted to be the fastest growing regional market in the forecast period. China and India are expected to spearhead this growth spurt.

Key players in the market include Stryker Corp., CONMED Corp., Medtronic, Smith & Nephew plc. Other players in the market include NuVasive Inc., DePuy Synthes, Spinal Technology Inc., Arthrex Inc., ReWalk Robotics, Orthofix International NV, and others.

1. Introduction                                

               1.1 Market Definition                    

               1.2 Study Deliverables                  

               1.3 Base Currency, Base Year and Forecast Periods                          

               1.4 General Study Assumptions                 

2. Research Methodology                                          

               2.1 Introduction                             

               2.2 Research Phases                      

                              2.2.1 Secondary Research           

                              2.2.2 Primary Research 

                              2.2.3 Econometric Modelling      

                              2.2.4 Expert Validation  

               2.3 Analysis Design                        

               2.4 Study Timeline                         

3. Overview                                     

               3.1 Executive Summary                

               3.2 Key Inferences                         

               3.3 Epidemology                            

4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)                                    

               4.1 Market Drivers                         

               4.2 Market Restraints                   

               4.3 Key Challenges                         

               4.4 Current Opportunities in the Market               

5. Market Segmentation                                            

               5.1 Device Type               

                              5.1.1 Introduction           

                              5.1.2 Internal Fixation Devices   

                                             5.1.2.1 Plate and Screw

                                             5.1.2.2 Rods and Pins

                                             5.1.2.3 Bone Grafts

                              5.1.3 External Fixation Device    

                              5.1.4 Y-o-Y Growth Analysis, By Device Type       

                              5.1.5 Market Attractiveness Analysis, By Device Type      

                              5.1.6 Market Share Analysis, By Device Type       

               5.2 Product                       

                              5.2.1 Internal fixation devices    

                              5.2.2 External fixation devices    

                              5.2.3 Y-o-Y Growth Analysis, By Product

                              5.2.4 Market Attractiveness Analysis, By Product              

                              5.2.5 Market Share Analysis, By Product               

               5.3 End User                     

                              5.3.1 ASCs          

                              5.3.2 Hospitals  

                              5.3.3 Physician's Offices

                              5.3.4 Y-o-Y Growth Analysis, By End User             

                              5.3.5 Market Attractiveness Analysis, By End User            

                              5.3.6 Market Share Analysis, By End User             

6. Geographical Analysis                                            

               6.1 Introduction                             

                              6.1.1 Regional Trends    

                              6.1.2 Impact Analysis     

                              6.1.3 Y-o-Y Growth Analysis        

                                             6.1.3.1 By Geographical Area

                                             6.1.3.2 By Device Type

                              6.1.4  Market Attractiveness Analysis      

                                             6.1.4.1 By Geographical Area

                                             6.1.4.2 By Device Type

                              6.1.5  Market Share Analysis       

                                             6.1.5.1 By Geographical Area

                                             6.1.5.2 By Device Type

               6.2 China                           

               6.3 India                            

               6.4 Japan                           

               6.5 South Korea               

               6.6 Australia                     

7. Strategic Analysis                                      

               7.1 PESTLE analysis                        

                              7.1.1 Political    

                              7.1.2 Economic 

                              7.1.3 Social        

                              7.1.4 Technological        

                              7.1.5 Legal         

                              7.1.6 Environmental       

               7.2 Porter’s Five analysis                             

                              7.2.1 Bargaining Power of Suppliers         

                              7.2.2 Bargaining Power of Consumers     

                              7.2.3 Threat of New Entrants      

                              7.2.4 Threat of Substitute Products and Services

                              7.2.5 Competitive Rivalry within the Industry      

8. Market Leaders' Analysis                                       

               8.1 Medtronic plc                          

                              8.1.1 Overview 

                              8.1.2 Product Analysis   

                              8.1.3 Financial analysis  

                              8.1.4 Recent Developments        

                              8.1.5 SWOT analysis       

                              8.1.6 Analyst View          

               8.2 DePuy Synthes                         

               8.3 Stryker Corporation                

               8.4 NuVasive, Inc.                          

               8.5 Globus Medical, Inc.              

               8.6 Arthrex, Inc.                             

               8.7 B. Braun Melsungen AG                       

               8.8 CONMED Corporation                           

               8.9 Smith & Nephew plc                             

               8.10 Zimmer Biomet                     

9. Competitive Landscape                                         

               9.1 Market share analysis                           

               9.2 Merger and Acquisition Analysis                       

               9.3 Agreements, collaborations and Joint Ventures                          

               9.4 New Product Launches                         

10. Market Outlook and Investment Opportunities                                         

Appendix                                          

               a) List of Tables                

               b) List of Figures                             

  • Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • Segment-level analysis in terms product type along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analyzing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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  1. Asia Pacific Spinal Trauma Devices Market By Device Type, From 2018-2023 ( USD Billion )
  2. Asia Pacific Internal Fixation Devices Market By Region, From 2018-2023 ( USD Billion )
  3. Asia Pacific External Fixation Devices Market By Region, From 2018-2023 ( USD Billion )
  4. Japan Spinal Trauma Devices Market By Device Type, From 2018-2023 ( USD Billion )
  5. China Spinal Trauma Devices Market By Device Type, From 2018-2023 ( USD Billion )
  6. India Spinal Trauma Devices Market By Device Type, From 2018-2023 ( USD Billion )
  7. Australia Spinal Trauma Devices Market By Device Type, From 2018-2023 ( USD Billion )
  8. South Korea Spinal Trauma Devices Market By Device Type, From 2018-2023 ( USD Billion )
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