NEW YORK, Oct. 15, 2021 /PRNewswire/ -- The interventional spine devices market is expected to grow by USD 1.80 billion from 2021 to 2025. However, the growth momentum is likely to decelerate at a CAGR of 7.40% according to the latest market report by Technavio.
The market is fragmented, and the degree of fragmentation will decelerate during the forecast period. Abbott Laboratories, Alphatec Holdings Inc., Globus Medical Inc., joimax GmbH, Nuvasive Inc., Safe Orthopaedics, SeaSpine Holdings Corp., Spinal Elements Inc., and Surgalign Holdings, Inc. are some of the major market participants. The increasing incidence of spine and bone disorders, growing demand for MI and non-invasive procedures, and the favorable reimbursement scenario will offer immense growth opportunities. However, the availability of alternate medication options might hamper the market growth.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our interventional spine devices market report covers the following areas:
We provide a detailed analysis of around 25 vendors operating in the Interventional Spine Devices Market. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
CAGR of the market during the forecast period 2021-2025
Detailed information on factors that will assist interventional spine devices market growth during the next five years
Estimation of the interventional spine devices market size and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the interventional spine devices market
Analysis of the market's competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of interventional spine devices market vendors
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Interventional Spine Devices Market Scope
Growth momentum & CAGR
Decelerate at a CAGR of 7.40%
Market growth 2021-2025
USD 1.80 billion
YoY growth (%)
North America, Europe, Asia, and ROW
Performing market contribution
North America at 47%
Key consumer countries
US, UK, China, Germany, and Canada
Leading companies, competitive strategies, consumer engagement scope
Abbott Laboratories, Alphatec Holdings Inc., Globus Medical Inc., joimax GmbH, Nuvasive Inc., Safe Orthopaedics, SeaSpine Holdings Corp., Spinal Elements Inc., and Surgalign Holdings, Inc.
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.
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