AP NEWS

Interbody Fusion Cage Market by Product, Surgery Type and End-User - Global Outlook to 2023 - ResearchAndMarkets.com

August 9, 2018

DUBLIN--(BUSINESS WIRE)--Aug 9, 2018--The “Interbody Fusion Cage Market by Product, Surgery Type and End User - Global Opportunity Analysis and Industry Forecast, 2017-2023” report has been added to ResearchAndMarkets.com’s offering.

The global interbody fusion cage market was valued at $1,818 million in 2016, and is projected to reach $2,309 million by 2023, growing at a CAGR of 3.4% from 2017 to 2023. The lumbar segment accounted for about two-sevenths share of the global market in 2016.

Rise in geriatric population and increase in spinal cord injuries which might be caused due to accidents and diseases such as degenerative disk disease drive the growth of the market. Moreover, the increased adoption of minimally invasive surgeries create ample opportunities in the market.

However, the high cost associated with the spinal fusion surgeries and the dearth of skilled professionals impede the growth of the interbody fusion cage market.

Key Findings

The thoraco-lumbar segment accounted for about one-fourth share of the total market in 2016, and is expected to register a high CAGR of 3.5% from 2017 to 2023. The hospital segment accounted for two-fifths share of the total market and is expected to grow at a CAGR of 3.1% during the forecast period. U.S. dominated the North America interbody fusion cage market and is projected to retain its trend throughout the forecast period. India is the fastest growing country in the Asia-Pacific interbody fusion cage market, registering a CAGR of 7.1% during the forecast period. The ambulatory surgery center segment accounted for one-fourth of the market share in 2016, and is expected to grow at a high CAGR of 3.4%.

Key Topics Covered

Chapter 1: Introduction

Chapter 2: Executive Summary

Chapter 3: Market Overview

Chapter 4: Interbody Fusion Cage Market, by Product

Chapter 5: Interbody Fusion Cage Market, by Surgery Type

Chapter 6: Interbody Fusion Cage Market, by End-User

Chapter 7: Interbody Fusion Cage Market, by Region

Chapter 8: Company Profiles

Aurora Spine Inc. B. Braun Melsungen AG Benvenue Medical Inc. Prodorth Ulrich Medical USA Orthofix International N.V. Medtronic PLC Zimmer Biomet Holdings Inc. NuVasive Inc. Johnson & Johnson (DePuy Synthes)

For more information about this report visit https://www.researchandmarkets.com/research/bqql7l/interbody_fusion?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20180809005513/en/

CONTACT: ResearchAndMarkets.com

Laura Wood, Senior Manager

press@researchandmarkets.com

For E.S.T Office Hours Call 1-917-300-0470

For U.S./CAN Toll Free Call 1-800-526-8630

For GMT Office Hours Call +353-1-416-8900

Related Topics:Orthopedic Devices,Surgical Procedures

KEYWORD:

INDUSTRY KEYWORD: HEALTH MEDICAL DEVICES

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 08/09/2018 10:52 AM/DISC: 08/09/2018 10:52 AM

http://www.businesswire.com/news/home/20180809005513/en

AP RADIO
Update hourly