North American fusion spinal implants market is anticipated to grow at a CAGR around 4.5% during the forecast period. North American fusion spinal implants market owing to the rising number of spinal fusion procedures and technological innovations in spine implants in the market. The increase in spinal fusion surgeries has been primarily resulting in the country owing to the significant aging population base in the North America. The aging effects can lead to the narrowing of the spinal canal, which increases the risk of spinal stenosis. As per the Population Reference Bureau (PRB), the number of Americans aged 65 and older is projected to nearly double from 52 million in 2018 to 95 million by 2060, and their share of the total population will rise from 16% to 23%. The rising aging population is accelerating the demand for spine surgeries, which thereby contributes to the adoption of fusion spinal implants in the North America.
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North American fusion spinal implants market is segmented on the basis of type, and end-user. Based on type, the market is segmented into interbody cages, plates, rods, screws and others. 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 Aesculap Inc., Alphatec Spine Inc., Aspen Medical Products, LLC, Atlas Spine, Inc, Aurora Spine Corp., Axial Medical Inc., ChoiceSpine, CTLAmedica, Corp., Fuse Medical Inc. and Globus Medical Inc. 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 North American Fusion 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
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. North American Fusion Spinal Implants Market Research and Analysis by Type
2. North American Fusion Spinal Implants Market Research and Analysis by End-User
The Report Covers
1. Report Summary
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Geography
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
2.3. Rules & Regulations
3. Competitive Landscape
3.1. Competitive Share Analysis
3.2. Key Strategy Analysis
3.3. Key Company Analysis
3.3.1. Overview
3.3.2. Financial Analysis
3.3.3. SWOT Analysis
3.3.4. Recent Developments
4. Market Determinants
4.1 Motivators
4.2 Restraints
4.1. Opportunities
5. Market Segmentation
5.1. North American Fusion Spinal Implants Market by Type
5.1.1. Interbody Cages
5.1.2. Plates
5.1.3. Rods
5.1.4. Screws
5.1.5. Others
5.2. North America Fusion Spinal Implants Market by End-User
5.2.1. Hospitals & Clinics
5.2.2. Ambulatory Surgical Centers
6. Regional Analysis
6.1. North American
6.1.1 United States
6.1.2 Canada
7 Company Profiles
7.1.1 Aesculap Inc.
7.1.2 Alphatec Spine Inc.
7.1.3 Aspen Medical Products, LLC.
7.1.4 Atlas Spine, Inc
7.1.5 Aurora Spine Corp.
7.1.6 Axial Medical Inc.
7.1.7 ChoiceSpine
7.1.8 CTLAmedica, Corp.
7.1.9 Fuse Medical Inc.
7.1.10 Globus Medical Inc.
1. NORTH AMERICAN FUSION SPINAL IMPLANTS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2018-2025 ($ MILLION)
2. NORTH AMERICAN FUSION SPINAL IMPLANTS MARKET RESEARCH AND ANALYSIS BY TYPE, 2018-2025 ($ MILLION)
3. NORTH AMERICAN FUSION SPINAL IMPLANTS MARKET RESEARCH AND ANALYSIS BY END-USER, 2018-2025 ($ MILLION)
1. NORTH AMERICAN FUSION SPINAL IMPLANTS MARKET SHARE BY COUNTRY, 2018 VS 2025 (%)
2. NORTH AMERICAN FUSION SPINAL IMPLANTS MARKET SHARE BY TYPE, 2018 VS 2025 (%)
3. NORTH AMERICAN FUSION SPINAL IMPLANTS MARKET SHARE BY END-USER, 2018 VS 2025 (%)
4. THE US FUSION SPINAL IMPLANTS MARKET SIZE, 2018-2025 ($ MILLION)
5. CANADA FUSION SPINAL IMPLANTS MARKET SIZE, 2018-2025 ($ MILLION)