ADULT SPINAL DEFORMITY MARKET ANALYSIS

Adult Spinal Deformity Market, by Product Type (Cervical Fixation Devices, Interbody Fusion Devices, Thoracolumbar Devices, and Others), by Application (Complex Deformity, Degenerative Disc Disease, Trauma and Facture, and Others), by End User (Hospitals & Specialty Clinics, Ambulatory Surgical Centers, and Others), and by Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa) - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2022-2028

To Be Published : Sep 2024
Code : CMI4742
Formats :
Excel and PDF
Industry : Medical Devices

Regional Analysis

Global Adult Spinal Deformity Market: Regional Insights

North America is expected to hold the largest market share in the global adult spinal deformity market followed by Europe. The market growth in these regions is mainly attributed to increasing cause of lower back pain & neck pain in adults and increasing geriatric population in the U.S. For instance, according to the article published in the National Center of Biotechnology Information in May 2017, among adults 60% to 80% would experience back pain and 20% to 70% would experience neck pain that would interfere with their daily activities during their lifetime in the U.S.

Moreover, Asia Pacific is the fastest growing region in the global adult spinal deformity market owing to increasing product approvals. For instance, in July 2016, Orthofix International N.V., a leading manufacturer of orthopaedic and other medical products, received regulatory approval from the Japanese Ministry of Health, Labor and Welfare (MHLW) for PHOENIX, a minimally invasive spinal (MIS) fixation system.

Geographies Covered