MOTION PRESERVATION DEVICES MARKET ANALYSIS

Motion Preservation Devices MarketSize and Trends

Global Motion Preservation Devices Market Drivers

Recent trends such as merger & acquisitions are expected to support the global motion preservation devices market growth. For instance, in March 2019, RTI Surgical Holdings acquired Paradigm Spine LLC, a provider of the product ‘Coflex’ (interlinear stabilization device). Moreover, DePuy-Synthes acquired Emerging Implant Technologies GmbH (EIT) in 2018, for 3D-printed titanium implants, which are used in treatment of spinal disorders. Furthermore, CTL Medical acquired spine business of Amedica Corporation and became CTL Amedica in 2018. Orthofix also acquired Spinal Kinetics in 2018, for ‘M6’ artificial discs to strengthen their product portfolio. Moreover, companies such as Globus Medical have product line for motion preservation treatment such as Acadia, Secure-C, and Triumph. Acadia is a motion sparing facet replacement technology, Secure-C is a cervical artificial disc, and Triumph is a lumbar disc. Mobi-C cervical disc of Zimmer Biomet Holdings, Inc. is the first cervical disc replacement approved by U.S. Food Drug Administration (FDA) in 2013 for both one and two-level indications.

Companies such as Centinel Spine, LLC are planning to launch patient education and support programs in July 2019, for creating awareness among people. In 2015, Arthrosurface, Inc. launched the motion preserving WristMotion hemiarthroplasty implant. It is designed to preserve more bone than other implants, therefore, it is widely accepted treatment mode for motion preservation. In 2018, Globus Medical, Inc. acquired Nemaris Inc., a provider of product Surgimap a ‘surgical planning software’, which will help healthcare professionals to identify possible surgical outcomes and share medical imaging to improve procedural workflow and patient care. Such initiatives can help in providing better treatment to patients and will drive the global motion preservation devices market growth.

Motion preservation devices are used to treat spinal disorders such as spinal stenosis, which is very common and occur in both men and women. These devices are also used to restore and maintain the alignment of spine as per normal. Motion preservation devices follow usually a minimally invasive procedure, which preserves or re-generate normal motion of spine. This disorder most commonly occurs in geriatric population, as ageing causes some structural changes in human spine such as thickening of tissue’s band (which supports spine) and enlargement of bones and joints.