Dublin, May 08, 2024 (GLOBE NEWSWIRE) -- The "United States Minimally Invasive Spinal Implant Market Size, Share & Trends Analysis 2024-2030 MedSuite: MIS Interbody Devices, MIS Pedicle Screws, Spinous Process Fixation, and 4 More" report has been added to ResearchAndMarkets.com's offering.
The US MIS spinal implant market reached a value of $2.3 billion in 2023 and is projected to grow at a CAGR of 4.6% to exceed $3.1 billion during the forecast period.
The comprehensive report suite on the U.S. market for minimally invasive spinal (MIS) implants covers various segments, including MIS interbody devices, MIS pedicle screws, spinous process fixation, facet fixation, MIS sacroiliac joint fusion, spine endoscopes, and MIS instrumentation. Despite encountering multiple challenges, growth is anticipated across all market segments.
This growth is attributed to steady patient demand driven by demographics and evolving regulations favoring MIS procedures. The reduced recovery time associated with MIS surgeries is also a significant factor influencing the preference for these procedures among patients, hospitals, and surgeons over traditional spine surgeries.
U.S. MIS SPINAL IMPLANTS MARKET INSIGHTS
The market for MIS interbody devices is increasingly favoring oblique (OLIF) and lateral (LLIF) lumbar interbody fusion techniques over the minimally invasive posterior (MIPLIF) and transforaminal (MITLIF) approaches. This trend is driven by the lower injury risk associated with the oblique and lateral methods, positioning them for greater growth. Nonetheless, all segments are anticipated to expand positively.
U.S. MIS SPINAL IMPLANTS MARKET SHARE INSIGHTS
In 2023, Globus Medical's merger with NuVasive propelled them to the forefront of the U.S. minimally invasive spine (MIS) market. This combined entity not only dominated the MIS interbody device sector but also held significant positions in MIS pedicle screws, spinous process fixation, and MIS instrumentation. However, NuVasive did not enter the MIS sacroiliac joint fusion and spine endoscope segments.
Medtronic secured the runner-up position in the 2023 U.S. MIS market, showcasing impressive performance across several segments, notably MIS interbody devices, MIS pedicle screws, spinous process fixation, facet fixation, and MIS instrumentation. Unlike its leading competitor, Medtronic also did not venture into the spine endoscope market.
Other key players like DePuy Synthes, Stryker, SI-BONE, Richard Wolf, Joimax, ZimVie, and various smaller entities rounded out the competition. The U.S. MIS market is marked by the presence of numerous smaller companies, with most holding market shares of no more than 2%.
MARKET REPORT DATA TYPES INCLUDED
- Unit Sales, Average Selling Prices, Market Value & Growth Trends
- Forecasts Until 2030, and Historical Data to 2020
- Market Drivers & Limiters for Each Segment
- Competitive Analysis with Market Shares for Each Segment
- Recent Mergers & Acquisitions
- Procedure Volumes
- Company Profiles, Product Portfolios and SWOT for Top Competitors
- COVID-19 Impact Analysis
Key Topics Covered:
1. Executive summary
2. Impact of COVID-19 on THE U.S. Minimally Invasive Spinal Implant Market
2.1 Introduction
2.2 Analysis By Market Segment
2.2.1 Worst Case Scenario
2.2.2 Base Case Scenario
2.2.3 Best Case Scenario
3. Disease overview
3.1 Introduction
3.1.1 Degenerative Disc Disease
3.1.2 Spinal Deformities
3.1.3 Trauma and Tumor
3.1.4 Vertebral Compression Fractures
3.2 Patient Demographics
3.2.1 Degenerative Disc Disease
3.2.2 Spinal Deformities
3.2.3 Vertebral Compression Fractures
4. Product Assessment
4.1 Introduction
4.2 Product Portfolios
4.2.1 MIS Interbody Device
4.2.1.1 Approaches
4.2.2 MIS Pedicle Screw
4.2.3 Spinous Process Fixation
4.2.4 Facet Fixation
4.2.5 SI Joint Fusion
4.2.6 Spine Endoscope
4.2.7 Minimally Invasive Spinal Surgery Instrumentation
4.3 Regulatory Issues and Recalls
4.3.1 MIS Interbody Device
4.3.2 MIS Pedicle Screw
4.3.3 Spinous Process Fixation
4.4 Clinical Trials
4.4.1 MIS Interbody Devices
4.4.2 MIS Pedicle Screw
4.4.3 Spinous Process Fixation
4.4.4 Facet Fixation
4.4.5 SI Joint Fusion
4.4.6 Spine Endoscopes
5. U.S. Minimally Invasive Spinal Implant Market Overview
5.1 Introduction
5.1.1 Minimally Invasive Interbody Fusion
5.1.2 Minimally Invasive Surgery Pedicle Screws
5.1.2.1 Percutaneous MIS Systems
5.1.2.2 Retractor-Based MIS Systems
5.1.3 Spinous Process Fixation
5.1.4 Facet Fixation
5.1.5 MIS Sacroiliac Joint Fusion
5.1.6 MIS Spine Endoscopes
5.2 Market Overview & Trend Analysis
5.3 Drivers and Limiters
5.3.1 Market Drivers
5.3.2 Market Limiters
5.4 Competitive Market Share Analysis
5.5 Mergers and Acquisitions
5.6 Company Profiles
5.6.1 DePuy Synthes
5.6.2 Globus Medical/NuVasive
5.6.3 Joimax
5.6.4 Medtronic
5.6.5 SI-BONE
5.6.6 Stryker
5.6.7 VGI Medical
5.6.8 ZimVie
5.7 SWOT Analysis
5.7.1 DePuy Synthes
5.7.2 Globus Medical/NuVasive
5.7.3 Joimax
5.7.4 Medtronic
5.7.5 SI-BONE
5.7.6 Stryker
5.7.7 VGI Medical
5.7.8 ZimVie
6. Procedure Numbers
6.1 Introduction
6.2 Procedures
6.2.1 Minimally Invasive Spinal Procedures
6.2.2 MIS Interbody Device Procedures
6.2.2.1 MIPLIF Procedures
6.2.2.2 MITLIF Procedures
6.2.2.3 LLIF Procedures
6.2.2.4 OLIF Procedures
6.2.3 MIS Pedicle Screw Procedures
6.2.4 Spinous Process Fixation Procedures
6.2.5 Facet Fixation Procedures
6.2.6 MIS Sacroiliac Joint Fusion Procedures
6.2.7 Spine Endoscope Procedures
7. MIS Interbody Device Market
7.1 Introduction
7.1.1 Approach Types
7.2 Market Overview
7.3 Market Analysis and Forecast
7.3.1 MIS Interbody Device Market
7.3.2 MIPLIF Market
7.3.3 MITLIF Market
7.3.4 LLIF Market
7.3.5 OLIF Market
7.4 Drivers and Limiters
7.4.1 Market Drivers
7.4.2 Market Limiters
7.5 Competitive Market Share Analysis
8. MIS Pedicle Screw Market
8.1 Introduction
8.1.1 Percutaneous MIS Systems
8.1.2 Retractor-Based MIS Systems
8.2 Market Overview
8.3 Market Analysis and Forecast
8.3.1 MIS Pedicle Screw Market
8.3.2 Percutaneous Cannulated Pedicle Screw Market
8.3.3 Retractor Cannulated Pedicle Screw Market
8.3.4 Retractor Non-Cannulated Pedicle Screw Market
8.4 Drivers and Limiters
8.4.1 Market Drivers
8.4.2 Market Limiters
8.5 Competitive Market Share Analysis
9. Spinous process fixation Market
9.1 Introduction
9.2 Market Analysis and Forecast
9.3 Drivers and Limiters
9.3.1 Market Drivers
9.3.2 Market Limiters
9.4 Competitive Market Share Analysis
10. Facet Fixation Market
10.1 Introduction
10.2 Market Analysis and Forecast
10.3 Drivers and Limiters
10.3.1 Market Drivers
10.3.2 Market Limiters
10.4 Competitive Market Share Analysis
11. MIS Sacroiliac Joint Fusion Market
11.1 Introduction
11.2 Market Analysis and Forecast
11.3 Drivers and Limiters
11.3.1 Market Drivers
11.3.2 Market Limiters
11.4 Competitive Market Share Analysis
12. Spine Endoscope Market
12.1 Introduction
12.2 Market Overview
12.3 Market Analysis and Forecast
12.3.1 Endoscope Market
12.3.2 Spine Endoscope Instrumentation Market
12.4 Drivers and Limiters
12.4.1 Market Drivers
12.4.2 Market Limiters
12.5 Competitive Market Share Analysis
13. Minimally invasive Spinal Surgery Instrumentation Market
13.1 Introduction
13.2 Market Analysis and Forecast
13.3 Drivers and Limiters
13.3.1 Market Drivers
13.3.2 Market Limiters
13.4 Competitive Market Share Analysis
A selection of companies mentioned in this report includes, but is not limited to:
- Aesculap
- Alevio Spine
- Alphatec Spine
- Apiary Medical
- Atlas Spine
- Aurora Spine
- Boss Instruments
- Camber Spine
- Captiva Spine
- Centinel Spine
- Clariance
- CoreLink Surgical
- CTL Amedica
- DePuy Synthes
- Eliquence
- Genesys Spine
- gSource
- Globus Medical
- GS Medical
- Innomed
- Integra LifeSciences
- Joimax
- Life Instruments
- Life Spine
- LinkBio Corp.
- Medtronic
- Milennium Surgical Corp.
- Nexxt Spine
- NuVasive
- Orthofix
- OsteoMed
- Pinnacle Spine Group
- Richard Wolf
- Spineology
- SpineFrontier
- SeaSpine
- SI-BONE
- Spinal Elements
- Spineart
- Stryker
- Superior Surgical
- Surgalign
- Symmetry Surgical
- Tecomet
- Tedan Surgical Innovations
- TranS1
- VGI Medical
- Xtant Medical
- ZimVie
For more information about this report visit https://www.researchandmarkets.com/r/5g5uwl
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