SPINAL FUSION DEVICES MARKET ANALYSIS

Spinal Fusion Devices Market, by Device Type (Spinal Plating Systems, Interbody Cages, and Pedicle Screw Systems), by Procedure Type (Cervical Spine, Thoracic spine, and Lumbar Spine), by End User (Hospitals, Ambulatory Surgical Center, Orthopedic Center, and Others) and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030

Published In : Jul 2022
Code : CMI1211
Pages :170
Formats :
Excel and PDF
Industry : Medical Devices

Market Challenges And Opportunities

Restraints & Challenges:

Unfavorable reimbursement scenarios and stringent regulatory approval procedure

Global Spinal Fusion Devices Market: Restraint

The major factors that hinder growth of the global Spinal Fusion Devices market include unfavorable reimbursement scenarios and stringent regulatory approval procedure. For instance, in July 2019, according to article published by National Center for Biotechnology Information, challenges in the design and regulatory approval of 3D-printed surgical implants of spinal fusion device were explained. Two patients with semiurgent cases of spinal instability presented to hospital in the Netherlands. In case 1, severe kyphotic deformity of the thoracic spine due to neurofibromatosis type 1 had led to incomplete paralysis, and a strong metallic strut extending from C6 to T11 was deemed necessary to provide long-term anterior support. It was challenging situation for doctors and physicians in carrying out this difficult surge’s.