Spinal Implants Market Analysis

Proprio, in April 2024, partnered with Biedermann Group, an eminent provider of cutting-edge spinal procedural solutions and implant systems. The partnership includes combining Proprio’s Paradigm system, which utilizes AI, computer vision, and augmented reality (AR) for surgical guidance and real-time visualization during procedures with innovative spinal implants from Biedermann.

For instance, the FDA gave Bioretec RemeOs Spinal Interbody Cage implant a breakthrough device designation in March 2024 as a milestone in spinal surgery technology.

Or even NGMedical GmbH has successfully performed the first surgery of its MOVE-C cervical artificial disc replacement implanted in a patient in Mexico as early as March 2024. The MOVE-C combines a second-generation viscoelastic prosthesis with the simple implantation technique of a cervical cage. This prosthesis can offer natural movement in all six directions, including axial cushioning with progressive resistance to motion. It has titanium endplates manufactured using additive processes which are devoid of polyethylene; this is the initial prosthesis to do so.

In January 2024, Accelus announced the Linesider Modular-Cortical System launch developed by Accelus, that would improve vertebral implants for spine patients’ surgeries efficiency and accuracy. By allowing screws to be inserted early at any point during surgery and permitting modular tulips and rods that could adjust to suit individual procedure specifics, it makes possible the creation of custom-made surgical constructs. The system supports different surgical techniques both using cortical and open modular options.

For instance, Nevro Corp., in November 2023, acquired Vyrsa Technologies – a company specializing on minimally invasive therapies for chronic sacroiliac joint pain. With this acquisition Nevro expands its offerings to include differentiated implants treating chronic low back pain caused by SI joint problems. Utilizing Vyrsa’s products will also enable Nevro to reduce long-term pain experienced by many people suffering from this condition.

For example, Orthofix Medical Inc. introduced its WaveForm L Lateral Lumbar Interbody System in the US, which is intended for lateral lumbar interbody fusion (LLIF) operations as of November 2023. The device has a unique 3D design because it is created by means of 3D printing. This design emphasizes good conditions for strong fusion due to its porous architecture.

For example, Amber Implants announced the beginning of clinical trials of VCFix Spinal Systems in October 2023. The first human trial aims at evaluating the efficacy and safety of VCFix implants for treating compressive vertebral fractures without employing bone cement in particular. To facilitate accurate placement and reduce infection risk, this implant comes with a single-use, sterile surgical kit.

Spinal Implant Market Trends

•  Growing demand for minimally invasive spine surgery

The demand for minimally invasive spine surgery is growing owing to the technological advancement in the minimally invasive spine (MIS) and rising preference for minimally invasive procedures are poised to prove conducive for the market expansion.  For instance, in September 2021, Medtronic plc launched Catalyft PL and PL40, Space-D Access System, accelerate graft delivery system with Grafton DBF to its latest additions to its minimally invasive spine surgery ecosystem with next-generation spinal technologies. This product assists the surgeons remove variability in the surgical procedure, streamline and personalize care, and enable better patient outcomes. 

Moreover, the demand for spinal implants is growing at an unprecedented rate because of the rising population suffering from spinal-related deformities caused due to road traffic crashes, falls, or increasing age across the globe. The global population is aging. According to the statistics of World Population Ageing 2020 Highlights, globally, the share of the population aged 65 years or over is expected to increase from 9.3 % in 2020 to around 16% in 2050.

Therefore, the high demand for minimally invasive spine surgery and rising geriatric population are driving the growth of the market.

Spinal Implant Market Segment Insights

Spinal Implant Product Type Insights

Based on the product type, the Spinal Implant Market has been divided into spinal fusion devices, non-fusion devices, spine biologics and others. The spinal fusion devices further segmented into thoracic fusion & lumbar fusion devices, cervical fusion devices, expandable fusion cages, and others and non-fusion devices into dynamic stabilization devices, artificial discs, annulus repair devices, nuclear disc prostheses, and others.  The spinal fusion devices segment held the largest market share in 2022, and the non-fusion devices is anticipated to register the highest CAGR from 2022 to 2030. Spinal fusion is a procedure using bone graft to cause two different bony surfaces to grow together. These implants are intended to spread the two vertebrae apart while the fusion is being repaired. An advantage of spinal fusion device is that it reduces post-decompressive deformities.

Spinal Implant Material Insights

Based on material, the Spinal Implant Market has been segmented into metallic material, polymers material, ceramic material, and others. Metallic material held the largest market share in 2022, and polymers material is anticipated to register the highest CAGR from 2022 to 2030. Metallic materials include titanium, titanium alloy, stainless steel, among others. The increased use of titanium has been propelled recently. According to Orthopedic Design & Technology, spinal implants such as rods, cages, screws, wires, plates, hooks, and bolts are manufactured with titanium in preference to stainless steel.

Spinal Implant Procedure Insights

Based on procedure, the Spinal Implant Market has been categorized into open surgery and minimally invasive surgery. Open surgery held the largest market share in 2022, and minimally invasive surgery is anticipated to register the highest CAGR from 2022 to 2030. Different open surgeries are performed for spine-related problems, namely spinal fusion, laminectomy, foraminotomy, diskectomy, disk replacement, and interlaminar implant. Moreover, in minimally invasive surgery, smaller incisions are made than the standard surgery. This causes less damage to nearby muscles and other tissues. It leads to less pain and quick recovery after surgery.

FIGURE 2: SPINAL IMPLANT MARKET, BY PROCEDURE, 2022 & 2030 (USD BILLION)Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Spinal Implant End User Insights

Based on end user, the Spinal Implant Market has been classified as hospitals, orthopedic centers, and others. Hospitals held the largest market share in 2022 and orthopedic centers is anticipated to register the highest CAGR from 2022 to 2030. Some of the procedures offered at hospitals are laser-assisted endoscopic discectomy, microscopic minimally invasive spinal decompression, percutaneous spinal fusion surgery, and total disc replacement surgery. Furthermore, hospitals are generally well equipped for carrying out spinal implant procedures and are generally more preferred, which is the major reason driving the hospital segment's growth.

Spinal Implant Regional Insights

By region, the study segments the market into North America, Europe, Asia-Pacific, and Rest of the World. North America accounted for the largest market share of 36.23% in 2022 owing to the developed healthcare infrastructure, increasing spinal cord injury cases, and the presence of a large number of market players in the region. According to the National Spinal Cord Injury Statistical Center (2021), an estimated 296,000 people in the US suffered spinal cord injuries in 2020.

Further, the major countries studied are: The US, Canada, Brazil, Germany, France, the UK, Italy, Spain, China, India, Japan, South Korea, Australia.

FIGURE 3: SPINAL IMPLANT MARKET, BY REGION, 2022 & 2030 (USD MILLION)

Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Europe is anticipated to witness significant growth during the forecast period due to increasing prevalence and subsequent increase in the treatment rates of degenerative spine disorders, advancements in medical technology, rapidly growing elderly population, and increasing demand for minimally invasive procedures. Furthermore, the Germany spinal implant market held the largest market share in 2022 and France spinal implant market is the fastest growing market in the Europe region.

Asia-Pacific is anticipated to register the highest growth rate over the forecast period. This is due to factors such as improving healthcare infrastructure, growing geriatric population, and growing sedentary life and changing lifestyle patterns. Moreover, China spinal implant market held the largest market share in 2022 and India spinal implant market is the fastest growing market in the Asia-Pacific region.

Spinal Implant Key Market Players & Competitive Insights

Major market players are spending a lot of money on R&D to increase their product, which will help the spinal implant market grow even more. Market participants are also taking a range of strategic initiatives to grow their worldwide footprint, including new product launches, contractual agreements, mergers and acquisitions, increased investments, and collaboration with other organizations. Competitors in the spinal implant industry must offer cost-effective items to expand and survive in an increasingly competitive and rising market environment.

Medtronic Plc (Ireland) is a global healthcare solutions company committed to improving the lives of people through medical technologies, services, and solutions. With Covidien (Ireland), the company has accelerated and advanced its ability to create meaningful innovations for hospitals, health systems, and healthcare providers to deliver the best care possible to patients and their families worldwide. The company provides spinal treatment solutions through its RTG segment. The company operates in over 370 locations across almost 160 countries. It has been awarded more than 4,600 patents. Moreover, in September 2021, the company expanded its minimally invasive spine surgery ecosystem with next-generation spinal technologies. Medtronic added three new products to the portfolio: Catalyft PL and PL40, Space-D Access System, and Accelerate Graft Delivery System with Grafton DBF.

Key Companies in the Spinal Implant Market includes

• Medtronic Plc (Ireland)


• Johnson & Johnson Services, Inc. (US)


• Stryker Corporation (US)


• Braun Melsungen AG (Germany)


• Nuvasive, Inc. (US)


• Zimmer Biomet Holdings Inc. (US)


• Orthofix Medical Inc. (US)


• Globus Medical (US)


• Alphatec (US)


• Ulrich Medical (Germany)

Spinal Implant Industry Developments

• June 2021: Medtronic Plc (Ireland) received FDA approval for its product Venta. Venta is a recharge-free spinal cord stimulation product.


• June 2021: Medtronic Plc (Ireland)received approval from FDI for UNiD patient-specific rods for Use with CD Horizon Solera Voyager and Infinity OCT Spinal Systems.


• November 2019: Depuy Synthes is a subsidiary of Johnson & Johnson Services, Inc. (US) launched the Symphony Occipito-Cervico-Thoracic (OCT) System for patients with complex cervical spine disorders.

Spinal Implant Market Segmentation

Spinal Implant Product Type Outlook

• Spinal Fusion Devices
  
  
  
  • Thoracic Fusion & Lumbar Fusion Devices
  
  
  • Cervical Fusion Devices
  
  
  • Expandable Fusion Cages
  
  
  • Others
  
  
  
  


• Non-Fusion Devices
  
  
  
  • Dynamic Stabilization Devices
  
  
  • Artificial Discs
  
  
  • Annulus Repair Devices
  
  
  • Nuclear Disc Prostheses
  
  
  • Others
  
  
  
  


• Spine Biologics


• Others

Spinal Implant Material Outlook

• Metallic Material


• Polymers Material


• Ceramic Material


• Others

Spinal Implant Procedure Outlook

• Open Surgery


• Minimally Invasive Surgery

Spinal Implant End User Outlook

• Hospitals


• Orthopedic Centers


• Others

Spinal Implant Regional Outlook

• North America
  
  
  
  • US
  
  
  • Canada
  
  
  
  


• Europe
  
  
  
  • Germany
  
  
  • France
  
  
  • UK
  
  
  • Italy
  
  
  • Spain
  
  
  • Rest of Europe
  
  
  
  


• Asia-Pacific
  
  
  
  • Japan
  
  
  • China
  
  
  • India
  
  
  • Australia
  
  
  • South Korea
  
  
  
  


• Rest of Asia-Pacific
  
  
  
  • Rest of the World
  
  
  • Middle East
  
  
  • Africa