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Interbody Fusion Cage Global Market Report 2022: Worldwide Increases in Spinal Cord Injuries Driving Growth - ResearchAndMarkets.com

Interbody Fusion Cage Global Market Report 2022: Worldwide Increases in Spinal Cord Injuries Driving Growth - ResearchAndMarkets.com

By AP News
Published - Oct 21, 2022, 11:42 AM ET
Last Updated - Jun 24, 2023, 01:56 AM EDT

DUBLIN--(BUSINESS WIRE)--Oct 21, 2022--

The "Interbody Fusion Cage Market by Product Type, Surgery, and End User : Global Opportunity Analysis and Industry Forecast, 2021-2030" report has been added to ResearchAndMarkets.com's offering.

The global interbody fusion cages market was valued at $ 1,901.67 million in 2020, and is projected to reach $ 3,012.47 million by 2030, registering a CAGR of 4.7% from 2021 to 2030.

Interbody fusion cage is an artificial medical device, which is utilized in spinal fusion procedures to maintain foraminal height and decompression. The interbody fusion cage is a large, hollow cylinder made up of metals such as titanium, carbon fiber, or allograft femur. The device is designed as a cage so that bone graft can be placed inside the hollow cylinder to allow a spinal fusion to occur between two vertebrae. Interbody fusion cage utilized to provide stability to the spine and the cervical region. The cages can be filled with autologous bone material to promote arthrodesis (artificial induction of joint ossification).

The key factors that drive the market growth are rise in geriatric population and increase in spinal cord injuries, which might be caused due to accidents and diseases such as degenerative disk disease. However, high cost associated with spinal fusion surgeries and dearth of skilled professionals are anticipated to impede the growth of interbody fusion cage market. On the contrary, increased adoption of minimally invasive surgeries is projected to create ample opportunities in the market.

The interbody fusion cages market is segmented into product type, surgery, end user, and region. By product type, the market is segregated into lumbar cage, cervical cage, thoraco-lumbar cage, and thoracic cage. On the basis of surgery, it is fragmented into anterior, posterior, lateral, and transforaminal. Depending on end user, it is fragmented into hospitals & clinics, ambulatory surgical centers, and others. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA).

The major companies profiled in the report include Aurora Spine, Inc, B. Braun Melsungen AG, Benvenue Medical Inc., Prodorth, Ulrich Medicals, Orthofix, Medtronic Plc., Zimmer Biomet Holdings, Inc., NuVasive, Inc., and Johnson & Johnson.

KEY BENEFITS FOR STAKEHOLDERS

  • The study provides an in-depth analysis of the global interbody fusion cage market with current trends and future estimations to elucidate the imminent investment pockets
  • Comprehensive quantitative analysis of the industry from 2021 to 2030 is provided to enable the stakeholders to capitalize on the prevailing market opportunities
  • Extensive analysis of the key segments of the industry helps to understand the products and technologies used globally
  • Key market players and their strategies are provided to understand the competitive outlook of the market

By Product Type

  • Lumbar Cage
  • Cervical Cage
  • Thoraco-lumbar Cage
  • Thoracic Cage

By Surgery

  • Anterior
  • Posterior
  • Lateral
  • Transforaminal

By End User

  • Hospital & Clinics
  • Others
  • Ambulatory Surgical Center

By Region

  • North America
  • US
  • Canada
  • Mexico
  • Europe
  • Germany
  • France
  • UK
  • Italy
  • Spain
  • Rest of Europe
  • Asia-Pacific
  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Rest of Asia-Pacific
  • LAMEA
  • Brazil
  • Saudi Arabia
  • South Africa
  • Rest of LAMEA

KEY PLAYERS

  • AstraZeneca PLC
  • Bristol-Myers Squibb Company
  • Boehringer Ingelheim
  • GNI Group Ltd
  • F. Hoffmann-La Roche Ltd (Genentech, Inc,)
  • Shiongi co Ltd
  • Mission Therapeutics
  • Biogen, Inc
  • Galapagos NV
  • FibroGen, Inc

Key Topics Covered:

Chapter 1: Introduction

Chapter 2: Executive Summary

Chapter 3: Market Landscape

Chapter 4: Interbody Fusion Cages Market, by Product

Chapter 5: Interbody Fusion Cages Market, by Surgery

Chapter 6: Interbody Fusion Cages Market, by End-user

Chapter 7: Interbody Fusion Cages Market, by Region

Chapter 8: Company Profiles

Companies Mentioned

  • Aurora Spine, Inc.
  • B. Braun Melsungen AG
  • Benvenue Medical Inc.
  • Prodorth
  • Ulrich Medicals
  • Orthofix
  • Medtronic Plc
  • Zimmer Biomet Holdings, Inc.
  • NuVasive, Inc.
  • Johnson & Johnson.

For more information about this report visit https://www.researchandmarkets.com/r/mioo2m

View source version on businesswire.com:https://www.businesswire.com/news/home/20221021005371/en/

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KEYWORD:

INDUSTRY KEYWORD: SURGERY HEALTH MEDICAL DEVICES

SOURCE: Research and Markets

Copyright Business Wire 2022.

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