Europe Spinal Implants Market Research Report – Segmented By Technology, Product and Country (UK, France, Spain, Germany, Italy, Russia, Sweden, Denmark, Switzerland, Netherlands, Turkey, Czech Republic & Rest of Europe) - Industry Analysis on Size, Share, Trends, COVID-19 Impact & Growth Forecast (2024 to 2029)

Updated On: January, 2024
ID: 3039
Pages: 142

Europe Spinal Implants Market Size (2024 to 2029)

The size of the Europe spinal implants market was valued at USD 3145.47 Mn in 2023. The European market is estimated to grow at a CAGR of 5.73% from 2024 to 2029 and be to reach USD 4394 Mn by 2029 from USD 3325 Mn in 2024.

Spinal implants are devices that help combine and increase the strength of the spine and treat spinal-level deformities. Scoliosis, spondylolisthesis, kyphosis, and crack are all conditions that spinal implants can treat. Its primary function is to assist in fusing two vertebrae and replacing normal circular material. Patients who have not reached skeletal development, such as children, are given development-saving devices. Inserts are made from various materials, including titanium, titanium alloys, treated steel, and polymers. Rods, pedicle screws, hooks, plates, cages, and other spinal implants are divided into numerous categories.

The growing prevalence of spinal issues, combined with less invasive operations, is fuelling the growth of the spinal implants market in the European region. Furthermore, because of the rising demand for MI spine surgeries, the increased availability of innovative spine implants is due to the escalation within the approval process. Therefore, with the emergence of custom fit and 3D printed spine implants, the European spinal implants market is expected to grow at a healthy growth rate during the forecast period. Research and development proposals for spinal therapies, changes in healthcare infrastructure, and government expenditures for research and development of revolutionary spine treatment equipment are further driving growth in the European spinal implants market during the forecast period.

Complicated and demanding reimbursement systems and regulatory frameworks and the high cost of the treatment procedures are only a few of the market growth obstacles. In addition, patients' lack of understanding of newly developed spine treatment treatments, a lack of proper medical education, and government cost-cutting initiatives all contribute to the market's slow growth.

This research report on the European spinal implants market has been segmented and sub-segmented into the following categories:

Europe Spinal Implants Market - By Technology: 

  • Spinal Fusion and Fixation Technologies
  • Vertebral Compression Fracture Treatment
  • Motion Preservation/Non-Fusion Technologies
  • Spinal Decompression

Europe Spinal Implants Market - By Product: 

  • Thoracic Fusion and Lumbar Fusion Devices                                             
  • Posterior Thoracic Fusion and Lumbar Fusion Devices                      
  • Interbody Thoracic Fusion and Lumbar Fusion Devices                    
    • By Approach   
    • Anterior Lumbar Interbody Fusion Devices
    • Posterior Lumbar Interbody Fusion Devices
    • Transforaminal Lumbar Interbody Fusion Devices
    • Axial Lumbar Interbody Fusion Devices
    • By Material      
    • Non-Bone Interbody Fusion Devices
    • Bone Interbody Fusion Devices
    • Anterior Thoracic Fusion and Lumbar Fusion Devices    
  • Cervical Fusion Devices                  
    • Anterior Cervical Fusion             
    • Anterior Cervical Plates
    • Cervical Interbody Fusion Devices
    • Anterior Cervical Screw Systems
    • Posterior Cervical Fusion           
    • Posterior Cervical Plates
    • Posterior Cervical Screws
    • Posterior Cervical Rods
  • Spine Biologics                   
    • Demineralized Bone Matrix      
    • Bone Morphogenetic Proteins
    • Bone Substitutes          
    • Machined Bones           
    • Cell-Based Matrices     
    • Allografts          
  • Vcf Treatment Devices                   
    • Balloon Kyphoplasty Devices   
    • Vertebroplasty Devices              
  • Spinal Decompression                    
    • Discectomy      
    • Laminoplasty, Laminectomy, and Laminotomy
    • Foraminotomy and Foraminectomy     
    • Facetectomy   
    • Corpectomy    
  • Non-Fusion Devices                        
    • Dynamic Stabilization Devices  
    • Interspinous Process Spacers
    • Pedicle-Based Dynamic Rod Devices
    • Facet Replacement Products
    • Artificial Discs  
    • Artificial Cervical Discs
    • Artificial Lumbar Discs
    • Annulus Repair Devices              
    • Nuclear Disc Prostheses             
  • Spine Bone Stimulators                  
    • Non-Invasive Spine Bone Stimulators  
    • Pulsed Electromagnetic Field Devices
    • Cc and Cmf Devices
    • Invasive Spine Bone Stimulators

Europe Spinal Implants Market - By Country: 

  • UK
  • France
  • Spain
  • Germany
  • Italy
  • Russia
  • Sweden
  • Denmark
  • Switzerland
  • Netherlands
  • Turkey
  • Czech Republic
  • Rest of Europe

In terms of market share, the European spinal implants market accounted for the third-largest share in the global market in 2023 and is primarily driven by the aging population and advancements in spinal surgery. In addition, the European Union has launched research into bone grafting goods, expanding the European market for spinal implants. The market's expansion is fueled by increased expenditure for research and development operations in preparation for new product approval.

The German spinal implants market had the largest revenue in 2023 in the European market. The school and institute launched a campaign to raise spinal implant awareness among new orthopedic doctors.

The UK spinal implants market is expected to grow at a healthy rate during the forecast period owing to the growing senior population, spinal injuries, road accidents, and the desire for intrusive products. In addition, the availability of lumbar spine implant supplies in the United Kingdom will aid market expansion.

The elderly population in Italy is very large, necessitating a growing number of new and effective treatment procedures for spinal problems, driving the expansion of the Italian spinal implants market. Furthermore, Italy’s high prevalence of fusion cage implants will drive demand in the approaching years.

KEY MARKET PLAYERS:

Medtronic, plc (Ireland), DePuy Synthes (U.S.), Stryker Corporation (U.S.), NuVasive, Inc. (U.S.), Zimmer Biomet Holdings, Inc. (U.S.), Globus Medical, Inc. (U.S.), Alphatec Holdings, Inc. (U.S.), Orthofix International N.V. (Netherlands), K2M Group Holdings, Inc. (U.S.), and RTI Surgical, Inc. (U.S.) are some of the prominent companies operating in the Europe spinal implants market. To increase their individual market share, some of the leading players in the market are focusing on product developments, expansions, discovering new markets, or developing their core expertise.

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