The European spinal surgery devices market has shown healthy growth, owing to the increasing demand for minimally invasive surgical procedures, a growing burden of obesity, the aging population, and associated spine disorders and continuous advancements in spine surgery technologies.

The spine disorders (SD) and the associated pain are found to be the major medical, social, and economic problems, because of their high prevalence and the ever-increasing number of patients among the elderly population. In most of the SD cases, patients experience the pseudo radicular pain, and in the majority, the pain results from degenerative changes in the spine, involving the intervertebral discs, facet joints, and soft tissues. There is also a demographic trend toward an aging population that represents an increasing need for the management of old age-associated spine disorders. These disorders have raised the overall demand for spinal surgery devices, acting as a potential driver for the market.

Key Market Trends

Lumbar Fusion is Anticipated to be the Dominant Segment During the Forecast Period

Lumbar fusion is found to be an effective treatment option for patients suffering from lumbar spinal stenosis, and it is an advanced alternative treatment for decompression spine surgery. The high adoption rates of minimally invasive procedures, such as transforaminal lumbar interbody fusion (TLIF) and posterior lumbar interbody fusion (PLIF), are contributing to the market expansion. The major players in this field manufacture both anterior and posterior dynamic stabilization devices, and there are also several clinical trials for new products that are in process. Thus, these factors are likely to drive the growth of the market studied in the coming future.

Competitive Landscape

Some of the major players present in the market studied are focusing on product innovations, expansions, finding new markets, or innovating their core competency to expand their individual market share. Some of the major players are Alphatec Spine Inc., Globus Medical Inc., Orthofix Holdings Inc., Medtronic PLC etc. Moreover it is expected that few other players are expected to enter into the market in the coming few years.

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