US Spinal Surgery Devices Market

US Spinal Surgery Devices Market

Increasing Procedures to Drive Growth

Summary

GlobalData's 'US Spinal Surgery Devices Market: Increasing Procedures to Drive Growth' report is an essential source of data and analysis on the US spinal surgery devices market with complete coverage by categories. The report provides market landscape, competitive landscape and market trends information on two market categories spinal fusion and spinal non-fusion. The report identifies the key trends shaping and driving the dynamism in the US spinal surgery devices market. The report also provides insight on the prevalent competitive landscape and on the emerging players which are expected to bring significant shift in the market standing of the existing leaders. The report also analyses the M&A landscape with special focus on the market participants that have been the most M&A active. The report also provides valuable insight on the pipeline products within the US spinal surgery devices market.

Scope

• The report provides market size data and information on two US (United States) spinal surgery devices market categories spinal fusion and spinal non-fusion.
• Key segments covered include Interbody Cage. Pedicle Screw System, Artificial Disc Replacement (ADR) and Dynamic Stabilization
• Annualized market revenues data from 2001 to 2008, forecast forward for 7 years to 2015. Updated company shares data for 2008.
• Analysis and review of the key events and milestones that will impact the future of the US spinal surgery devices market. Each trend independently researched to provide qualitative analysis of what the implications on sectors are, and how are companies responding to these trends.
• Insightful review of key industry drivers, restraints and challenges which are likely to impact the US spinal surgery devices market in the long run.
• In-depth analysis of the M&A landscape with a strong emphasis on the market players, likely to remain active in the near future.
• The report also covers information on the leading market players, the competitive landscape, and the leading pipeline products and technologies. Key companies covered include DePuy Inc., Synthes Inc., Stryker Corporation, Orthofix International, Zimmer, Biomet and Medtronic
• Comprehensive analysis of the most likely developments expected to bring a shift to the market positions of the leading manufacturers.
• The report is built using data and information sourced from proprietary databases, primary and secondary research and in house analysis by GlobalData's team of industry experts.

Reasons to buy

• Develop business strategies by understanding the trends shaping and driving the US spinal surgery devices market.
• Design and develop your product development, marketing and sales strategies by identifying the market categories poised for a strong growth.
• Exploit in-licensing and out-licensing opportunities by identifying products that are most likely to ensure a robust return.
• Identify key players best positioned to take advantage of the emerging market opportunities by developing insight on the prevalent and anticipated competitive landscape.
• Drive revenues by understanding key trends, innovative products and technologies, market segments and companies likely to impact the US spinal surgery devices market in future.
• Effectively plan your M&A and partnership strategies by identifying companies with the most promising pipeline.
• Identify emerging players with potentially strong product portfolio and create effective counter-strategies to gain competitive advantage.
• What's the next being thing in the US spinal surgery devices technology landscape? Identify, understand and capitalize.

Report Overview

A new report by GlobalData, the industry analysis specialist, finds that the increasing incidence of degenerative disc disease and increasing aging population in the US will provide huge growth and investment opportunities for the Spinal surgery market in the US. GlobalData's report, 'US Spinal Surgery Devices Market: Increasing Procedures to Drive Growth', highlights this growing aging population as one of the key market drivers for the spinal surgery market in the US.

The Non-Fusion Segment in the US Spinal Surgery Market to Grow at a CAGR of Over 9%

The US spinal surgery devices market is forecast to reach sales of $3.9 billion in 2015. The market is forecast to witness a CAGR of 8% during 2008 - 2015. This growth is expected to be driven by the large pool of people over the age of 65 years in the US. Spinal fusion devices are expected to reach sales of $3.4 billion while the spinal non fusion implants market will be worth $545.5 m in 2015. In 2008, the spinal fusion segment contributed 87.2% towards the total revenues, while the remaining 12.8% was contributed by the spinal non fusion segment.

Increasing Aging Population in the US Expected to Drive Growth

The US has a high percentage of people over the age of 60. This group of patients is increasing at 3% every year and will drive the future growth in the spinal surgery market. There is a direct relation of spinal disease and aging. As people age, they are more prone to diseases of the spine. Degenerative Disc Disease (DDD), Disc Herniation (DH) and stenosis of the spine, all of them correlate directly to aging. The large pool of aging population in the US will translate into increasing number of people being added to the spinal disease affected population. This aging population has led to an increase in the incidence of spinal diseases over the last decade, which in turn is expected to fuel growth in the US spinal surgery devices market.

Emerging Technologies like Nucleus Replacement Set to Drive Adoption Rate in Spinal Surgery

Patients suffering from DDD are usually prescribed spinal surgery if they have end stage DDD. A large group of patients in early to mid stage DDD are not prescribed spinal surgery. Motion preserving technologies such as total artificial disc replacement and dynamic stabilization have allowed an increased percent of patients to undergo spinal surgery with motion preservation. A minimally invasive technology that not only provides motion preservation but also prevents further degeneration in patients with early to mid stage DDD is nucleus replacement.

This new technology, yet to be approved in the US, is now being touted as a device that could increase the procedure volumes of spinal surgery by allowing treatment of patients previously considered ineligible to undergo spinal surgery.

Contents

• 1 Table of contents
  • 1.1 List of Tables
  • 1.2 List of Figures
• 2 US Spinal Surgery Disease Overview
  • 2.1 Degenerative Disc Disease (DDD)
  • 2.2 Disc Herniation
  • 2.3 Spinal Injury
• 3 Emerging Trends: Technology Innovation Increasing Actual Number of Patients Treated
  • 3.1 Ageing Population
  • 3.2 Lifestyle Changes Bringing About the Increase in Disease Prevalence
  • 3.3 Nucleus Replacement Set for Release in 2011
  • 3.4 Procedure Volumes Forecast: Lumbar Posterior and Cervical Anterior Fusion to Drive Growth
  • 3.5 Artificial Disc Replacement: Another Key Technology Driving Growth in the US Spinal Surgery Devices Market
  • 3.6 New Biomaterials for Spinal Implants
    • 3.6.1 Bio - Resorbable Implants
  • 3.7 Minimally Invasive Spinal Surgery
• 4 The US Spinal Surgery Devices Market: Market Characterization
  • 4.1 The US Spinal Surgery Devices Market
    • 4.1.1 The US Spinal Surgery Devices Market, Revenue ($m), 2001 - 2008: Spinal Fusion Constituted the Major Segment
    • 4.1.2 The US Spinal Surgery Devices Market, Revenue Forecasts ($m), 2008 - 2015: The Non-Fusion Segment to Grow at a CAGR of Over 9%
  • 4.2 The US Spinal Fusion Devices Market
    • 4.2.1 The US Spinal Fusion Devices Market, Revenue ($m), 2001 - 2008: The Pedicle Screws Segment Dominates the Market
    • 4.2.2 The US Spinal Fusion Devices Market, Revenue Forecasts ($m), 2008 - 2015: The Pedicle Screws Market Segment to Remain the Significant Contributor
  • 4.3 The US Spinal Non-Fusion Devices Market
    • 4.3.1 The US Spinal Non-Fusion Devices Market, Revenue ($m), Historic, 2004 - 2008
    • 4.3.2 The US Spinal Non-Fusion Devices Market, Revenue ($m), Forecast, 2008 - 2015
• 5 The US Spinal Surgery Devices Market: Market Dynamics
  • 5.1 Market Drivers
    • 5.1.1 Increasing Incidence of Spinal Diseases
    • 5.1.2 Increasing Ageing Population to Aid in Growth of Target Population
    • 5.1.3 Technological Advancements in Spinal Surgery Devices Increasing Percentage of Suitable Candidates for Spinal Surgery
    • 5.1.4 Increasing Awareness through Extensive Direct-to-Consumer (DTC) Marketing
    • 5.1.5 Strong Pipeline to Drive Future Growth
    • 5.1.6 Positive Patient Perceptions of Spinal Surgery to Increase Acceptance
  • 5.2 Market Restraints
    • 5.2.1 The Need for Increased Clinical Familiarity
    • 5.2.2 Saturated Distribution Channels to Hinder Growth of Small and Emerging Companies
    • 5.2.3 Lack of Reimbursement for Artificial Disc Replacement Remains a Challenge
    • 5.2.4 Shortage of Trained Surgeons Outnumbering Demand and Also Leading to Inappropriate Use of Devices
• 6 Competitive Landscape: Increasing Number of Start-Ups to Trigger Acquisitions
  • 6.1 Expanding Competitive Landscape: Emergence of Physician Owned Start Ups
  • 6.2 Company Share Analysis: Medtronic Remains the Leader
    • 6.2.1 Medtronic
    • 6.2.2 Depuy
    • 6.2.3 Synthes
    • 6.2.4 Stryker
  • 6.3 Product Pipeline Analysis: Very Strong Pipeline
    • 6.3.1 Key Pipeline Products, Spinal Fusion
    • 6.3.2 Key Pipeline Products, Spinal Non Fusion
• 7 The US Spinal Surgery Devices Market: M&A Landscape
  • 7.1 Acquisition Trend in the US Spinal Surgery Devices Market
  • 7.2 Key Deals in the US Spinal Surgery Devices Market
• 8 Appendix
  • 8.1 Definitions
    • 8.1.1 Fusion
    • 8.1.2 Non-Fusion
  • 8.2 Methodology
    • 8.2.1 Secondary Research
    • 8.2.2 Primary Research
    • 8.2.3 Models
    • 8.2.4 Forecasts
    • 8.2.5 Expert Panels
  • 8.3 Contact US
  • 8.4 Disclaimer
• List of Tables
  • Table 1: Spinal Fusion, Procedure Volume Forecast, US, 2008 - 2015
  • Table 2: Artificial Disc Replacement Products
  • Table 3: Spinal Surgery Devices Market, Revenue ($ m), US, 2001 - 2008
  • Table 4: Spinal Surgery Devices Market, Revenue Forecasts ($ m), US, 2008- 2015
  • Table 5: Spinal Fusion Devices Market, Revenue ($ m), US, 2001 - 2008
  • Table 6: Spinal Fusion Devices Market, Revenue Forecasts ($ m), US, 2008- 2015
  • Table 7: Spinal Non-Fusion Devices Market, Revenue ($ m), US, 2004- 2008
  • Table 8: Spinal Non-Fusion Devices Market, Revenue ($ m), US, 2008- 2015
  • Table 9: Major Product Launches, Medtronic
  • Table 10: Major Product Launches, Depuy
  • Table 11: Major Product Launches, Spinal Surgery, Synthes
  • Table 12: Major Product Launches, Spinal Surgery, Stryker
  • Table 13: Spinal Fusion, Pipeline Products, US
  • Table 14: Spinal Non - Fusion, Pipeline Products, US
  • Table 15: Spinal Surgery, Key M&A Deals, 2006 - 2009
• List of Figures
  • Figure 1: Degenerative Disc Disease, Prevalence by Age
  • Figure 2: Disc Herniation, Disease Type
  • Figure 3: Population Aged 60 and Above, US, 2005 - 2010
  • Figure 4: Spinal Fusion, Procedure Volume Forecast, US, 2008 - 2015
  • Figure 5: Artificial Disc Replacement, Perception Analysis
  • Figure 6: Spinal Surgery Devices Market, Revenue ($ m), US, 2001 - 2008
  • Figure 7: Spinal Surgery Devices Market, Revenue Forecasts ($ m), US, 2008- 2015
  • Figure 8: Spinal Fusion Devices Market, Revenue ($ m), US, 2001 - 2008
  • Figure 9: Spinal Fusion Devices Market, Revenue Forecasts ($ m), US, 2008- 2015
  • Figure 10: Spinal Non-Fusion Devices Market, Revenue ($ m), US, 2004- 2008
  • Figure 11: Spinal Non-Fusion Devices Market, Revenue ($ m), US, 2008- 2015
  • Figure 12: Spinal Surgery Devices Market, Company Share (%), US, 2008
  • Figure 13: Artificial Disc Replacement - Pipeline by Clinical Phase of Development
  • Figure 14: Artificial Disc, Technology Trend for Key Products
  • Figure 15: Dynamic Stabilization - Pipeline by Clinical Phase of Development
  • Figure 16: Dynamic Stabilization, Technology Trend for Key Products
  • Figure 17: GlobalData Methodology

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