Interbody Spine Implants Market Growth and Demand

1. Increasing Elderly Population Call for More Spinal Treatments 1 © Prescient & Strategic (P&S) Intelligence Pvt. Ltd. All rights reserved

2. In 2021, the interbody spine implants market was valued at $1,904.8 million and will reach $2,471.8 million by 2030, growing at a rate of about 3% during the forecast period. The major factors responsible for the development of the market are the improvements in the technologies of spine surgery, an increase in demand for devices for spinal fusion because of the surge in the incidence of spinal ailments, rapid acceptance of minimally invasive surgeries for the spine, and surge in the introduction of innovative bone-grafting products. To receive free sample pages of this report@ https://www.psmarketresearch.com/market-analysis/interbody-spine- implants-market/report-sample It is given that spinal issues are more common in elderly people than in adolescents or youngsters. A rapid growth in the elderly population all over the globe, and especially in the Asian subcontinent will add up to the demand for interbody spinal implants. The elderly population of India will touch 194 million in the year 2031 from 138 million in 2021, a 41% increase will be experienced over the next ten years as per a report of the NSO The interbody spine implants market of the APAC region will grow the fastest, with a growth rate of over 3.0%, by the end of this decade. Japan, India, China South Korea, and Australia contribute significantly to the regional market. This is because of the existence of a large patient population, a rise in consciousness of spinal disorders and treatment opportunities, enhancements in healthcare infrastructure, and an increase in healthcare spending. Furthermore, there is a presence of elderly population has a high risk of spinal ailments. The volume of patients having from spine disorders is rising at a global level. For treating these conditions doctors need cutting-edge implants and technologies. Some of the key ailments treated with the use of spine implants include scoliosis, degenerative disc disease, spondylolisthesis, fracture, and kyphosis. As per a study of the NLM, more than 266 million people have lumbar DSD every year. This enormous population having spine disorders intensifies the requirement for interbody spine implants. Inquire before purchase@ https://www.psmarketresearch.com/send- enquiry?enquiry-url=interbody-spine-implants-market The metal-based implants will have the highest demand of over 45% in the interbody spine implants market and will have the highest growth rate in the years to come. This has a lot to do with the high usage of metal-based implants in spine surgeries, because of their durability, suppleness, and robustness. Apart from that, these comprise metals like stainless steel, tantalum, and titanium. Asa per the AAOS, most spinal implants are made with a combination of titanium alloys, pure titanium, and stainless steel. 2 © Prescient & Strategic (P&S) Intelligence Pvt. Ltd. All rights reserved

3. Hospitals make the maximum use of interbody spine implants, as spine surgeries are performed here in large numbers for treating several spine ailments. They have over half of the total requirement for these implants. They have the ultimate nursing facility for spinal care with a joint approach to orthopedics and neuroscience. Similarly, the progressive healthcare facilities and skill of spine surgeons here are the primary reasons behind the expanding demand for spinal implants in hospitals. The demand for Interbody spine implants is on the rise in the world because of the increasing cases of DSD and the increase in the elderly population. The research offers the size of the global interbody spine implants market for the period 2017– 2030. Market Segmentation by Product Type Lumbar Cervical Market Segmentation by Material Metal PEEK Others Market Segmentation by End User Hospitals Specialty Orthopedic & Spine Centers ASCs Market Segmentation by Region North America Interbody Spine Implants Market • • • • • • • • • oBy product type oBy material oBy end user oBy country – U.S. and Canada Europe Interbody Spine Implants Market • oBy product type oBy material oBy end user oBy country – Germany, France, U.K., Italy, Spain, and Rest of Europe Asia-Pacific (APAC) Interbody Spine Implants Market • oBy product type oBy material 3 © Prescient & Strategic (P&S) Intelligence Pvt. Ltd. All rights reserved

4. oBy end user oBy country – China, India, Japan, Australia, South Korea, and Rest of APAC Latin America (LATAM) Interbody Spine Implants Market • oBy product type oBy material oBy end user oBy country – Brazil, Mexico, and Rest of LATAM Middle East and Africa (MEA) Interbody Spine Implants Market • oBy product type oBy material oBy end user oBy country – Saudi Arabia, South Africa, and Rest of MEA 4 © Prescient & Strategic (P&S) Intelligence Pvt. Ltd. All rights reserved

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