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SPINAL NON FUSION DEVICE MARKET ANALYSIS

Spinal Non Fusion Device Market, By Product Type (Artificial Disc Replacement Device, Partial Disc (Nucleus) Replacement Device, Dynamic Stabilization Devices, Total Facet Replacement Devices, Annulus Repair Device, and Other Product Type) and By End Users (Hospitals and Specialty Clinics) - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2022-2028

  • To Be Published : Nov 2024
  • Code : CMI1482
  • Formats :
      Excel and PDF
  • Industry : Medical Devices

Market News

Advancements in musculoskeletal implants to improve the outcomes of non-fusion technology is the main strategy followed by market players. For instance, in 2016, Zimmer Biomet expanded its spine portfolio by acquiring LDR Holding Corporation and its Mobi-C Cervical Disc Prosthesis, thereby fetching a leadership in cervical disc replacement technology. In 2015, Aesculap implant systems, LLC received approval from FDA for commercial sale of the activL Artificial Disc, which can be used for the treatment of degenerative disc disease. Such developments in spinal non-fusion devices is expected to propel growth of spinal non-fusion device market.

The mergers and acquisitions strategy adopted by the key players is a major factor augmenting the spinal non-fusion devices market. For instance, in 2015, Amendia Inc., a provider of innovative spinal technologies acquired the business of Custom Spine, thereby gaining its extensive portfolio of new generation, surgeon-friendly spinal technologies.

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