Spinal Surgery Device Market Analysis

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Global Spinal Surgery Device Market to be
Propelled by the Wide Prevalence of Spinal Cord
Injury (SCI) Worldwide, and the Growing Presence
of Geriatric Population by CAGR of 5 During
2023 2033 Kenneth Research published a report
titled Spinal Surgery Device Market Global
Demand Analysis Opportunity Outlook 2033 which
delivers detailed overview of the global spinal
surgery device market in terms of market
segmentation by product type, technology,
surgery type, end use, and by region. Further,
for the in-depth analysis, the report encompasses
the industry growth indicators, restraints,
supply and demand risk, along with detailed
discussion on current and future market trends
that are associated with the growth of the market.
The global spinal surgery device market is
expected to hold a revenue of USD 19 billion
by 2033, growing from USD 13 billion in 2022.
The market growth can be attributed to the
prevalence of spinal cord injuries, the growing
geriatric population, the obese population,
incidences of road accidents, and automation in
the medical field.
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The global spinal surgery device market is
expected to grow at a CAGR of 5 from
2023-2033. The market is segmented by surgery
type into open surgery and minimally invasive
surgery. Between these, the minimally invasive
surgery segment is anticipated to hold the
largest market share by the end of 2033, owing to
the short hospital stay, lesser surgical scars,
faster recovery, and cost-effectiveness. For more
informations_at_https//www.kennethresearch.com/repo
rt-details/spinal- surgery-device-market/10352487
The global spinal surgery device market is
divided into five major regions, including North
America, Europe, Asia Pacific, Latin America, and
Middle East Africa. The market in North
America is projected to hold the largest market
share by the end of 2033, backed by the
prevalence of SCIs in the region, health
reimbursements, presence of key players, and
adoption of new technologies. The research is
global in nature and covers detailed analysis on
the market in North America (U.S., Canada),
Europe (U.K., Germany, France, Italy, Spain,
Hungary, Belgium, Netherlands Luxembourg,
NORDIC Finland, Sweden, Norway, Denmark,
Poland, Turkey, Russia, Rest of Europe), Latin
America (Brazil, Mexico, Argentina, Rest of
Latin America), Asia-Pacific (China, India,
Japan, South Korea, Indonesia, Singapore,
Malaysia, Australia, New Zealand, Rest of
Asia-Pacific), Middle East and Africa (Israel,
GCC Saudi Arabia, UAE, Bahrain, Kuwait, Qatar,
Oman, North Africa, South Africa, Rest of
Middle East and Africa). In addition, analysis
comprising market size, Y-O-Y growth
opportunity analysis, market players competitive
study, investment opportunities, demand for
future outlook etc. has also been covered and
displayed in the research report. Large
Presence of Geriatric Population to Boost the
Market Growth World Health Organization (WHO) has
projected the global population of people over
60 years of age to reach 2 billion by 2050.
Spinal cord injuries in the aged happen from
falls and other reasons, including medication,
tumors, and infections. Minimally
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invasive surgeries for spinal cord injuries can
be especially beneficial for the aged as it
ensures few postoperative risks, minimum blood
loss, fast recovery, and more. However, the high
cost of the surgical procedure, lack of favorable
healthcare policies, and risks associated with
spinal fusion surgeries are expected to operate
as key restraints to the growth of the global
spinal surgery device market over the forecast
period. This report also provides the existing
competitive scenario of some of the key players
of the global spinal surgery device market which
includes company profiling of Stryker
Corporation, RTI Surgical, Inc., NuVasive, Inc.,
Zimmer, Inc., Boston Scientific Corporation, B.
Braun Melsungen AG, Abbott Laboratories, Orthofix
Medical Inc., Globus Medical, Inc., ulrich GmbH
Co. KG, and others. The profiling enfolds key
information of the companies which encompasses
business overview, products and services, key
financials and recent news and developments. On
the whole, the report depicts detailed overview
of the global spinal surgery device market that
will help industry consultants, equipment
manufacturers, existing players searching for
expansion opportunities, new players searching
possibilities and other stakeholders to align
their market centric strategies according to the
ongoing and expected trends in the
future. Request Report Sample_at_ https//www.kenneth
research.com/sample-request- 10352487 Kenneth
Research is a leading service provider for
strategic market research and consulting. We aim
to provide unbiased, unparalleled market insights
and industry analysis to help industries,
conglomerates and executives to take wise
decisions for their future marketing strategy,
expansion and investment etc. We believe every
business can expand to its new horizon, provided
a right guidance at a right time is available
through strategic minds. Our out of box thinking
helps our clients to take wise decision in order
to avoid future uncertainties. Contact for more
Info AJ Daniel
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