Spine Biologics Market to hit USD 3.4 billion by 2032, says Global Market Insights Inc.
Spine Biologics Industry is projected to witness a CAGR of 4.3% during the period 2023-2032. This growth can be attributed to the increasing prevalence of spine deformities.
Selbyville, Delaware, Aug. 28, 2023 (GLOBE NEWSWIRE) —
Spine Biologics
Spine Biologics industry Participants
Some of the leading companies operating in the spine biologics market are K2M, Inc., Medtronic, Inc., Johnson and Johnson (Depuy Synthes), Zimmer Biomet Holdings, Inc., Stryker Corporation, Arthrex, Inc., Exactech, Inc., Orthofix Medical Inc., Nuvasive, Inc., and Wright Medical Technology, Inc. These firms are focusing on new product launches and developments to sustain the growing industry competition.
For instance, in April 2023, Orthofix Medical Inc., announced the complete commercial launch of the Lattus Lateral Access System as well as the Fathom Pedicle-Based Retractor System, its two access retractor devices to assist surgeons during minimally invasive spine surgeries.
Partial Table of Contents (ToC) of the report:
Chapter 3 Spine Biologics Market Insights
3.1 Industry landscape, 2018 – 2032 (USD Million)
3.2 Industry impact forces
3.2.1 Growth drivers
3.2.1.1 Increasing geriatric population
3.2.1.2 Increasing prevalence of spine deformities
3.2.1.3 Increasing awareness and patient preference for minimally invasive procedures
3.2.1.4 Technological advancements in spine biologics
3.2.2 Industry pitfalls & challenges
3.2.2.1 High treatment cost
3.2.2.2 Stringent regulatory requirements for approval of biologics
3.2.2.3 Limited reimbursement policies
3.2.2.4 Availability of alternative treatment options to spine surgeries
3.3 Growth potential analysis
3.3.1 By product
3.3.2 By surgery type
3.3.3 By end-user
3.4 COVID-19 impact analysis
3.5 Regulatory landscape
3.6 Porter’s analysis
3.7 PESTEL analysis
3.8 Reimbursement scenario
Chapter 4 Competitive Landscape, 2022
4.1 Introduction
4.2 Company matrix analysis, 2022
4.3 Global company market share analysis, 2022
4.4 Competitive positioning matrix, 2022
4.5 Strategic dashboard, 2022
Browse Our Reports Store – GMIPulse @ https://www.gminsights.com/gmipulse
About Global Market Insights
Global Market Insights Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy, and biotechnology.
CONTACT: Contact Us: Aashit Tiwari Corporate Sales, USA Global Market Insights Inc. Toll Free: +1-888-689-0688 USA: +1-302-846-7766 Europe: +44-742-759-8484 APAC: +65-3129-7718 Email: [email protected] Read More News @ https://ibmag.com
