SPINAL IMPLANTS MARKET ANALYSIS

Market Challenges And Opportunities

Restraints

Factors responsible for spinal deformities include obesity, unhealthy diet, smoking, and other lifestyle factors. Early onset of degenerative spinal changes is attributed to the toxins in cigarette smoke damaging the cartilage in the spine. According to World Health Organization (WHO), in 2015, over 1.1 billion people smoked tobacco.

Over the limit weight in proportion to height can cause stress on the spine’s parts such as vertebrae, joints, and spinal discs. According to World Health Organization (WHO) in 2014, more than 1.9 billion adults were overweight of which over 600 million were suffering from obesity issues making them susceptible to spinal cord problems.

Market Drivers

Factors like increasing ageing demography, technological advancements, growing knowledge of population towards spinal surgeries is expected to accelerate the market growth. Skilled medical professionals are required considering high complexity involved in spinal cord injuries and medical risks associated with treating such injuries.