Spinal Trauma Devices are medical devices designed to correct, stabilize, or relieve pressure on the spinal column caused by trauma such as fractures or injuries. These devices include traction systems, specialized braces, spinal implants, and more. The primary purpose of spinal trauma devices is to reduce the amount of pain associated with spinal trauma, improve the patient’s mobility, and decrease the time needed to recuperate.
Increasing number of orthopedic surgeries and spinal trauma related injuries, innovation of minimally invasive spinal trauma devices, and increasing awareness are expected to drive the growth of the market. Moreover, increasing demand for technological advanced spinal trauma devices and the introduction of 3D imaging for spine trauma treatment are expected to stimulate the growth of the market. Furthermore, increasing investments in research & development activities by major players is anticipated to fuel the market growth.
The global Spinal Trauma Devices market was valued at US$ 12740 million in 2022 and is anticipated to reach US$ 17880 million by 2029, witnessing a CAGR of 4.9% during the forecast period 2023-2029. The influence of COVID-19 and the Netherlands-Ukraine War were considered while estimating market sizes.
A detailed market research report on Global Spinal Trauma Devices Market available at: https://www.themarketreports.com/report/global-spinal-trauma-devices-market-research-report
This report aims to provide a comprehensive presentation of the global market for Spinal Trauma Devices, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Spinal Trauma Devices.
Global Spinal Trauma Devices key players include Medtronic, DePuy Synthes, Stryker, NuVasive, Globus Medical, etc. Global top five manufacturers hold a share about 55%. North America is the largest market, with a share about 40%, followed by Europe, with a share about 30 percent. In terms of product, Spinal Fusion is the largest segment, with a share about 50%. And in terms of application, the largest application is Open Surgery, followed by Minimally Invasive Surgery, etc.
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