Dublin, Oct. 02, 2024 (GLOBE NEWSWIRE) -- The "Mexico Spinal Implants Market Size, Share & Trends Analysis | 2024-2030 | MedSuite | Includes: Cervical Fixation Market, Thoracolumbar Fixation Market, and 4 more" report has been added to ResearchAndMarkets.com's offering.
In 2023, Mexico's spinal implant and VCF market reached a valuation exceeding $135 million. Projected to grow at a CAGR of 6.1%, the market is expected to surpass $205 million by 2030.
This comprehensive report on the Mexican spinal implant and VCF market covers various segments, including traditional cervical and thoracolumbar fixation devices, interbody devices, motion preservation devices, VCF treatment, electrical stimulation devices, and spinal surgery instrumentation.
Key Market Data Insights:
- Data Types: Unit Sales, Average Selling Prices, Market Value & Growth Trends
- Forecast Period: Projections until 2030, with historical data from 2020
- Analysis: Market drivers, limiters, and competitive landscape for each segment
- Competitive Breakdown: Market shares, mergers, and acquisitions
- Additional Insights: Procedure numbers, company profiles, and SWOT analysis for key competitors
Trends in the Mexico Spinal Implant Market
The growing interest in minimally invasive surgery (MIS) in Mexico is noteworthy, although its adoption still lags behind more advanced markets. MIS is gaining popularity due to its advantages of shorter recovery times and fewer complications. As Mexico's healthcare infrastructure improves and technology becomes more accessible, MIS techniques are expected to see broader adoption.
However, the country's healthcare system remains largely hospital-focused, with a lower rate of outpatient procedures compared to other Latin American countries. This presents obstacles to the widespread adoption of advanced surgical technologies. Still, efforts are underway to enhance primary care services and transition toward a more integrated healthcare model.
Market Share Insights
- ZimVie/Highridge Medical: The market leader in 2023, with significant shares in cervical fixation, thoracolumbar fixation, and interbody device segments. ZimVie's extensive product portfolio and strong distribution networks have enabled close collaboration with local distributors and institutions.
- Medtronic: The second-largest player, leading in the VCF segment due to its PVA device, but deriving a majority of its revenue from other segments. Notably absent in the electrical stimulation segment.
- DePuy Synthes: Ranked third, with its largest presence in the interbody device segment, although much of its revenue comes from its fixation devices.
Market Segmentation Overview
Cervical Fixation Devices:
- Anterior: Constrained, Semi-Constrained, Dynamic, Bioresorbable
- Posterior: Cable/Wiring, Screw/Rod, Occipitocervical
Thoracolumbar Fixation Devices:
Degenerative Treatments:
- Approach: Anterior, Posterior
- Levels Treated: Single-Level, Two-Level, Multi-Level
- Deformity Correction, Trauma, Tumor Treatments
Interbody Devices:
- Types: ALIF, PLIF, TLIF, CIF, VBR/Corpectomy, Expandable, Standalone
Motion Preservation Devices:
- Types: Artificial Disc, Dynamic Stabilization, Vertebral Body Tethering
Vertebral Compression Fracture Devices:
- Types: Vertebroplasty, Percutaneous Vertebral Augmentation
Spinal Electrical Stimulation Devices:
- Anatomy: Cervical, Lumbar
- Spinal Surgery Instrumentation
Research Scope Summary
- Regions Covered: Mexico (Latin America)
- Base Year: 2023
- Forecast Period: 2024-2030
- Historical Data: 2020-2022
- Quantitative Coverage: Market Size, Procedure Volume, Market Shares, Growth Rates, Units Sold, Average Selling Prices
- Qualitative Coverage: Growth Trends, Competitive Analysis, SWOT, Mergers & Acquisitions, Company Profiles, and Product Portfolios
Company Coverage:
- ZimVie/Highridge Medical
- Globus Medical/NuVasive
- DePuy Synthes
- Medtronic
- Ulrich Medical
- SIGNUS Medical
- Orthofix
- Karl Storz
- Richard Wolf
- Joimax
Key Topics Covered:
1 Executive Summary
1.1 Mexico Spinal Implant and VCF Market Overview
2 Introduction
2.1 Cervical Fixation
2.2 Thoracolumbar Fixation
2.3 Interbody Devices
2.4 Motion Preservation
2.5 Vertebral Compression Fracture
2.6 Electrical Stimulation
2.7 Spinal Surgery Instrumentation
3 Procedure Numbers
3.1 Cervical Fixation Procedures
3.2 Thoracolumbar Fixation Procedures
3.3 Interbody Device Procedures
3.4 Motion Preservation Procedures
3.5 Vertebral Compression Fracture Procedures
3.6 Spinal Electrical Stimulation Device Procedures
4 Currency Exchange Rate
5 Market Overview
6 Market Analysis and Forecast
6.1 Cervical Fixation Market
6.2 Thoracolumbar Fixation Market
6.3 Interbody Device Market
6.4 Motion Preservation Device Market
6.5 Vertebral Compression Fracture Market
6.6 Spinal Electrical Stimulation Device Market
6.7 Spinal Surgery Instrumentation Market
7 Drivers and Limiters
8 Competitive Market Share Analysis
9 Cervical Fixation Market Competitive Market Share Analysis
10 Thoracolumbar Fixation Market Competitive Market Analysis
11 Interbody Device Market Competitive Market analysis
12 Motion Preservation Device Market Competitive Market Share Analysis
13 Vertebral Compression Fracture market Competitive Market Share Analysis
14 Spinal Electrical Stimulation Competitive Market Share Analysis
15 Spinal Surgery Instrumentation Competitive Market Share Analysis
For more information about this report visit https://www.researchandmarkets.com/r/h23k3t
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
