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Spine Biologics Market 2021: Size, Share, Latest Development, Trends, Top Key Players and Outlook 2028

Spine Biologics Market

All the market insights of the report are structured on a worldwide, regional and country basis. The report deals with the new business challenges and investment research on Spine Biologics Market which includes market attributes, industry structure, and competitive scenario, the problems, desire concepts, together with business strategies and market effectiveness. This is the meticulous market research report which studies the challenges, market structures, opportunities, driving forces, and competitive landscape of your business. The report offers an in-depth investigation of the market driving factors, opportunities, restraints and challenges for obtaining the crucial insight of the market.

Global Spine Biologics Market By Product (Bone Allografts, Bone Graft Substitute, Platelet Rich Plasma, Bone Marrow Aspirate Therapy), Surgery type (Anterior Cervical Discectomy and Fusion (ACDF); Transforamenal Lumbar Interbody Fusion (TLIF); Anterior Lumbar Interbody Fusion (ALIF); Lateral Lumbar Interbody Fusion (LLIF) among others), End-User (Hospitals, Spinal Surgery Centers, Orthopedic Clinics, Others), By Geography (North America, Europe, Asia-Pacific, South America, Middle East % Africa) – Industry Trends & Forecast to 2026

Market Analysis: Global Spine Biologics Market

Global Spine Biologics Market is expected to rise from its initial estimated value of USD 1.69 billion in 2018 to an estimated value of USD 2.5 billion by 2026 registering a CAGR of 4.9% in the forecast period of 2019-2026. Few of the major market competitors currently working in the spine biologics market report include Arthrex, Inc., Cesca Therapeutics Inc., DePuy Synthes, Orthopaedic Seminar, Exactech, Inc., K2M, Inc., Lattice Biologics Ltd, Medtronic, NuTech Spine, Inc., NuVasive Inc., Orthofix Holdings, Inc., Regen Lab USA LLC, RTI Surgical Holdings, Inc., Stryker, Wright Medical Group N.V., XTANT MEDICAL, Zimmer Biomet, Smith & Nephew, Dr PRP USA LLC, and others.

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Competitive Analysis: Global Spine Biologics Market

The global spine biologics market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of spine biologics market for Global, Europe, North America, Asia Pacific, South America and Middle East & Africa.

Segmentation: Global Spine Biologics Market

By Product

  • Bone Allografts
    • Machined bone allograft
    • Demineralized bone matrix
  • Bone Graft Substitute
    • Synthetic Bone Grafts
    • Demineralized Bone Matrix (DBM)
    • Bone Morphogenetic Proteins (BMP)
  • Platelet Rich Plasma
  • Bone Marrow Aspirate Therapy

By Surgery Type:

  • Anterior Cervical Discectomy and Fusion (ACDF)
  • Transforamenal Lumbar Interbody Fusion (TLIF)
  • Anterior Lumbar Interbody Fusion (ALIF)
  • Lateral Lumbar Interbody Fusion (LLIF)
  • Others

By End User

  • Hospitals
  • Spinal Surgery Centers
  • Orthopedic Clinics
  • Others

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Market Drivers

  • Rising incidence of spinal distortion is becoming more predominant in the aging population.
  • Rising healthcare expenditure in developing nations owing to growing income levels
  • Rising obesity cases, are leading to the increased demand for biologics in their treatments.
  • Awareness on the newly developed spine treatment techniques and devices amongst individuals fosters to the growth of this market.
  • Innovative technological advancements, with newly developed spine treatment techniques and devices.
  • Rising demand of minimally invasive spine surgeries.
  • The quick healing, minimum postoperative time and the capability to activate cellular expansion, serve as an advantage for the biologics market.

Market Restraints

  • Scarcity of expertise and professional knowledge is acting as a restraint for the market
  • Lack of patient understanding and awareness is one of the restraint for the market
  • Cost of surgery and the unfavorable reimbursement scenario.

Reasons to Purchase this Report

  • Current and future of global spine biologics market outlook in the developed and emerging markets
  • The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
  • Regions/Countries that are expected to witness the fastest growth rates during the forecast period
  • The latest developments, market shares, and strategies that are employed by the major market players

Customization of the Report:

  • All segmentation provided above in this report is represented at country level
  • All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)

 

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