China Spinal Implants market is anticipated to grow at a CAGR around 5.7% during the forecast period. China is estimated to dominate the Asia-Pacific spinal implants market over the forecast period. Major factors that are augmenting the growth of the market in the country include surging aging population coupled with increasing chronic back pain problems and growing incidence of other spinal cord injuries that is likely to increase the chances of spinal implants. Aged people are more prone to develop chronic back pain than younger people; thereby increasing the aging population number in the country is a major factor that may lead to an increase in the prevalence of spinal cord disorders among people. According to the United Nations, the number of aged people in the country is projected to grow by 71% between 2015 and 2023. World Economic Forum stated that, in 2015, the number of aged people in China (136.9 million) surpassed Japan’s total population (126.9 million). Moreover, this number is projected to grow to 238.8 million, by 2030, which will be less than the combined total projected populations of Japan and Egypt (i.e.231.8 million).

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China Spinal Implants market is segmented on the basis of type, material and end-user. Based on type, the market is segmented into fusion implants and non-fusion implants. Based on material, the market is segmented into metallic, polymeric and ceramic. Based on end-user, the market is segmented into hospitality & clinics and ambulatory surgical centers.

The key players that are active in the market include B. Braun Melsungen, Depuy Synthes, Exactech, Globus Medical, Medtronic PLC, Nutech, Orthofix International, Paragon Medical, Stryker Corp. and Zimmer Biomet Holdings. The market players are considerably contributing to the market growth by the adoption of various strategies including new product launch, merger, and acquisition, collaborations with government, funding to the start-ups and technological advancements to stay competitive in the market.

Research Methodology

The market study of the China Spinal Implants market is incorporated by extensive primary and secondary research conducted by the research team at OMR.  Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macro-economic factors. Numbers extracted from Secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.

Secondary Sources Include

• Financial reports of companies involved in the market.
• Whitepapers, research-papers, and news blogs.
• Company websites and their product catalog.

The report provides an in-depth analysis of market size, intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.

Market Segmentation

1. China Spinal Implants Market Research and Analysis by Type

2. China Spinal Implants Market Research and Analysis by Material

3. China Spinal Implants Market Research and Analysis by End-User

The Report Covers

• Comprehensive research methodology of the China Spinal Implants market.
• This report also includes a detailed and extensive market overview with key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the China Spinal Implants market.
• Insights about market determinants which are stimulating the China Spinal Implants market.
• Detailed and extensive market segments with regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.