PUBLISHER: BCC Research | PRODUCT CODE: 1072198
PUBLISHER: BCC Research | PRODUCT CODE: 1072198
The global market for spinal implants should grow from $9.8 billion in 2021 to $12.9 billion by 2026 with a compound annual growth rate (CAGR) of 5.7% for the period of 2021-2026.
Fusion spinal implants market should grow from $7.1 billion in 2021 to $9.3 billion by 2026 with a compound annual growth rate (CAGR) of 5.5% for the period of 2021-2026.
Non-fusion spinal implants market should grow from $2.7 billion in 2021 to $3.7 billion by 2026 with a compound annual growth rate (CAGR) of 6.2% for the period of 2021-2026.
This report examines the current and forecasted market potential for spinal implants. It offers a detailed analysis of the market background, technological advancement, competitive environment, drivers and restraints and market growth trends. This report includes market projections through 2026, detailing the market share for spinal implants based on the product and material type.
By product, the spinal implants market is segmented into fusion and non-fusion implants. By material type, the spinal implants market is segmented into titanium, stainless steel, polyetheretherketone (PEEK) and others.
By geography, the spinal implants market has been segmented into Europe, North America, Asia-Pacific (APAC) and the Rest of the World (RoW). The detailed analyses of major countries such as the U.S., Germany, Canada, the U.K., Spain, Italy, France, Japan, India, and China are regional segments. For market estimates, data is provided for 2020 as the base year, 2021 and forecast through year-end 2026. Estimated values used are based on total revenues of spinal implant companies. Projected and forecast revenue values are in constant U.S. dollars and have not been adjusted for inflation.