Indian Spinal Implants market is anticipated to grow at a CAGR around 9.5% during the forecast period. A lucrative growth is expected in the market due to developing healthcare infrastructure, rising aging population, increasing disposable income and rising awareness toward spine-related health problems. The spine-related disorders along with the lower back pain & slipped disc are among the most common problems in the country. As per the report by QI Spine Clinic (with a sample of 20,000 patients in four metro cities), in 2017, around 20% of the total people treated for back and neck conditions are of the age group of 16-34 years. Around 45% of the people neglect their spine pain for more than seven weeks and 62% of people do not opt for spine surgeries. As per the AOSpine, a global academic community for education and research in spine care, around 200,000 cases of spinal injuries are registered in the country each year. Around 30,000 are of spinal cord injury and paralysis. Nearly 50% of the spinal cord injuries are due to road accidents, and around 45% is due to falls from height and some are related to sports injuries.

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Indian 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 Indian 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. Indian Spinal Implants Market Research and Analysis by Type

2. Indian Spinal Implants Market Research and Analysis by Material

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

The Report Covers

• Comprehensive research methodology of the Indian 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 Indian Spinal Implants market.
• Insights about market determinants which are stimulating the Indian Spinal Implants market.
• Detailed and extensive market segments with regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.