Insights on the Spinal Allografts Global Market to 2025 – Competitive Analysis and the Impact of COVID-19 – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Global Spinal Allografts Market (2020-2025) by Type, Method, End-User, Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis” report has been added to ResearchAndMarkets.com’s offering.

The Global Spinal Allografts Market is estimated to be USD 3.16 Bn in 2020 and is expected to reach USD 4.6 Bn by 2025, growing at a CAGR of 7.8%.

Factors such as rising cases of spinal fusion surgeries coupled with a rising geriatric population across the globe, have helped in driving the market growth. Growing healthcare expenditure, developments in innovation for new product launches are expected to lavish the growth of the market.

On the other side, a lack of skilled professionals in this arena with a comparatively high risk of disease transmission through inadequate care during surgery shall pose a hindrance to this market. High costs associated with the surgeries, unfavorable reimbursements policies of various Governments, strict rules & regulations by the Government for approval of new product launches also limit the market growth.

Market Dynamics

Drivers

• Rising Spinal Fusion Surgeries for the Treatment of Spinal Deformities
• Increasing Instances of Spinal Cord Injuries with a High Aging Population
• Supportive Healthcare Infrastructure Across Nations

Restraints

• The dearth of Skilled & Trained Professionals
• Substitute Method to Bone Grafting in Spinal Biologics
• Risk of Disease Transmission

Opportunities

• Advancement in Biomaterials and Bone Grafting Procedures
• Growing Demand for Minimally Invasive Procedures

Challenges

• Unfavorable Reimbursement Policy
• High Cost Associated with Bone Grafting Procedures

Segments Covered

By Type, the Machined Bones Allografts segment is estimated to account for the fast-growing segment during the forecasted period. Machined Bones Allografts is considered an effective medical procedure to treat back problems, and it is widely accepted worldwide by patients. Growing willingness in patients to undergo surgery using minimally invasive techniques is driving the growth of the market.

By Method, the Minimally Invasive Spine Surgery segment is estimated to account for the fast-growing segment during the forecasted period due to lower morbidity, surgical complications, or hospital length-of-stay, leading to lower total hospital direct costs.

By End User, Ambulatory Surgical Centres is estimated to account as the fast-growing segment during the forecast period. Though the hospitals dominate the segment for performing spinal surgeries, ambulatory surgical care is anticipated to show a rise in the estimated time frame. It is due to the increasing demand for minimally invasive surgeries, backed by technological developments taking place in surgeries, equipment, and surgeons’ control, propelling the growth further.

By Geography, the APAC region is anticipated to lead the market. The factors contributing to the market growth are the rising patient pool due to obesity, sedentary lifestyle, and improvements in the healthcare infrastructure. Besides, there has been increasing awareness and acceptance towards minimally invasive procedures, which have further boosted the growth of this region.

Why buy this report?

• The report offers a comprehensive evaluation of the Global Spinal Allografts Market.
• The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
• The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
• The report includes in-depth market analysis using Porter’s 5 force model and the Ansoff Matrix. The impact of Covid-19 on the market is also featured in the report.
• The report also contains a competitive analysis using Positioning Quadrants, a Proprietary competitive positioning tool.

Report Highlights:

• A complete analysis of the market including parent industry
• Important market dynamics and trends
• Market segmentation
• Historical, current, and projected size of the market based on value and volume
• Market shares and strategies of key players
• Recommendations to companies for strengthening their foothold in the market

Companies Mentioned

• Alphatec Spine, Inc.
• Arthrex, Inc.
• Exactech, Inc.
• Globus Medical
• Lattice Biologics Ltd
• Life Spine, Inc.
• Medtronic PLC
• NuTech Spine, Inc.
• NuVasive, Inc.
• Nvision Biomedical Technologies, Inc.
• Orthofix International N.V.
• RTI Surgical Holdings, Inc.
• Stryker Corporation
• Wright Medical Group N.V.
• Xtant Medical
• Zimmer Biomet
• Australian Biotechnologies

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

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