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North America Spine Biologics Market Research Report - Segmented By Product Type, Surgery Type & Country (U.S, Canada & Rest of North America) - Industry Analysis, Size, Share, Growth, Trends & Forecasts (2023 to 2028)

Published: March, 2023
ID: 4119
Pages: 130
Formats: report pdf report excel report power bi report ppt

North America Spine Biologics Market Size & Growth (2023 to 2028)

As per the research report, the size of the North America Spine Biologics Market is valued at USD 823.18 million in 2023 and estimated to be growing at a CAGR of 4.2%, to reach USD 1011.19 million by 2028 during the forecast period 2023 to 2028.

Spine biologics are used during spine fusion surgery for the treatment of spinal deformities such as trauma, tumors, degenerative disc disease, and spinal cord injuries by stimulating bone growth formation through the inflammatory stage, repair stage, and remodeling stage. Biologics help in faster recovery and activate cellular growth. Therefore, the surge in the number of spinal fusion surgeries has fueled the adoption of biologics.

Spine Biologics market is growing due to advancement in technology as well as demand for better minimally surgical procedures, which make it more convenient for both the patient and doctor. Factors such as a rise in the prevalence of diseases due to the aging population and increased government funding are also driving the overall market. The major factors restraining the growth of the market are the high healthcare costs for such procedures, lack of expert professionals and unfavorable reimbursement scenarios.

This research report on the North America Spine Biologics Market has been segmented and sub-segmented into the following categories:

By Product Type:

  • platelet Rich Plasma
  • Bone Graft
  • Bone Graft Substitutes
  • Bone Marrow Aspirate Therapy

By Surgery Type:

  • Transforaminal Lumbar Interbody Fusion
  • Anterior Lumbar Interbody Fusion
  • Lateral Lumbar Interbody Fusion
  • Anterior Cervical Discectomy And Fusion
  • Posterior Lumbar Interbody Fusion
  • Others

By Country:

  • U.S
  • Canada
  • Rest of North America

The Spine Biologics market was dominated by North America followed by Europe. The North American spine biologics market is experiencing significant growth in the region as a result of the growing population, awareness of newly developed technologies, increased per capita income of the hospitals and the people, improved medical literacy.

Companies playing a dominant role in the North America Spine Biologics Market profiled in this report are Alphatec Holdings, Inc., Depuy Synthes (Johnson & Johnson), Exactech, Inc., Globus Medical, Inc., Medtronic plc, NuVasive, Inc., Orthofix International N.V., RTI Surgical, Inc., SeaSpine, and Zimmer Biomet Holdings, Inc.

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