India Spinal Fusion Devices Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The India Spinal Fusion Devices Market Report is Segmented by Type (Cervical Fusion Device, Thoracic Fusion Device, and Lumbar Fusion Device) and Surgery (Open Spine Surgery and Minimally Invasive Spine Surgery). The Report Offers the Value (in USD) for the Above Segments.

India Spinal Fusion Devices Market Size

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India Spinal Fusion Devices Market Analysis

The India Spinal Fusion Devices Market size is estimated at USD 312.08 million in 2025, and is expected to reach USD 405.94 million by 2030, at a CAGR of 5.40% during the forecast period (2025-2030).

India's spinal fusion devices market is on the brink of substantial expansion, fueled by a rise in spinal disorders, technological innovations, and an enhanced healthcare framework. As the market progresses, an emphasis on cutting-edge, patient-focused solutions will play a pivotal role in its direction, ultimately elevating care standards for those with spinal ailments.

Moreover, with road accidents becoming increasingly prevalent in the nation, there's a heightened demand for spinal fusion devices to address accident-related fractures. For instance, the Ministry of Road Transport and Highways, under the Government of India, reported in its 2023-2024 annual review that 2023 witnessed 461,312 road accidents, injuring 443,366 individuals. Notably, injuries surged by 15.3% in 2023 relative to the prior year. Such statistics underscore the escalating challenge of road accidents and resultant injuries in India, amplifying the demand for spinal fusion devices to treat spine fractures. Thus, the rising toll of road accidents is set to bolster the market's growth trajectory.

Additionally, India's burgeoning medical tourism, spurred by the country's cost-effective spinal fusion treatments, is further amplifying the demand for these devices. Highlighting the disparity, Medical Tourism Corporation noted in August 2024 that a spinal fusion in India costs approximately USD 5,500, a stark contrast to the USD 80,000 to USD 150,000 price tag in the United States. Such a significant cost advantage positions India as a favorable destination for spinal fusion treatments, propelling the market's growth.

In summary, the dual forces of rising road accident injuries and the allure of affordable spinal fusion treatments are set to drive the market's expansion. Yet, challenges loom in the form of stringent regulations and reimbursement hurdles, potentially tempering this growth.

India Spinal Fusion Devices Industry Overview

In the Indian spinal fusion devices market, global giants and specialized firms compete fiercely, focusing on innovation and enhanced patient outcomes. The market, currently semi-consolidated with numerous domestic players, is poised for evolution, driven by technological advancements and a rising demand for effective spinal treatments. Key players include Johnson & Johnson (DePuy Synthes), Globus Medical Inc., Medtronic Plc, Auxein Medical Pvt Ltd, and Stryker Corporation.

India Spinal Fusion Devices Market Leaders

  1. Globus Medical Inc.

  2. Medtronic PLC

  3. Johnson & Johnson (DePuy Synthes)

  4. Auxein Medical Pvt Ltd

  5. Stryker Corporation

  6. *Disclaimer: Major Players sorted in no particular order
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India Spinal Fusion Devices Market News

  • January 2024: Asian Spine Hospital in Hyderabad, India, successfully completed 200 Spinal Fusion Surgeries (EndoFusion) using Keyhole Endoscopic Spine Technology.
  • August 2023: the Institute of Brain & Spine was launched at Kauvery Hospital, Radial Road, Chennai. It performs complex brain and spine surgeries which include spine fusion surgeries.

India Spinal Fusion Devices Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Growing Aging Population in India
    • 4.2.2 Rising Incidences and Prevalence of Spinal Problems
    • 4.2.3 Rising Medical Tourism
  • 4.3 Market Restraints
    • 4.3.1 Stringent Regulatory Issues
    • 4.3.2 Reimbursement Issues
  • 4.4 Porter's Five Forces Analysis
    • 4.4.1 Threat of New Entrants
    • 4.4.2 Bargaining Power of Buyers/Consumers
    • 4.4.3 Bargaining Power of Suppliers
    • 4.4.4 Threat of Substitute Products
    • 4.4.5 Intensity of Competitive Rivalry

5. MARKET SEGMENTATION (Market Size by Value - USD)

  • 5.1 By Type
    • 5.1.1 Cervical Fusion Device
    • 5.1.2 Thoracic Fusion Device
    • 5.1.3 Lumbar Fusion Device
  • 5.2 By Surgery
    • 5.2.1 Open Spine Surgery
    • 5.2.2 Minimally Invasive Spine Surgery

6. COMPETITIVE LANDSCAPE

  • 6.1 Company Profiles
    • 6.1.1 Johnson & Johnson (DePuy Synthes)
    • 6.1.2 Globus Medical Inc.
    • 6.1.3 Matrix Meditec Pvt. Ltd
    • 6.1.4 Medtronic Plc
    • 6.1.5 S.H. Pitkar Orthotools Pvt. Ltd
    • 6.1.6 Auxein Medical Pvt Ltd
    • 6.1.7 Bonetech Medisys Pvt Ltd
    • 6.1.8 Stryker Corporation
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability
**Competitive Landscape covers- Business Overview, Financials, Products and Strategies and Recent Developments
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India Spinal Fusion Devices Industry Segmentation

As per the scope of this report, spinal fusion devices play a pivotal role in orthopedic procedures, fusing two or more vertebrae to limit their movement and alleviate patient pain. These devices cater to a range of spinal fusion procedures spanning the thoracic, lumbar, and cervical regions. They're employed to address spinal injuries and deformities, including spondylolisthesis and degenerative disc disease.

The India spinal fusion devices market is segmented by type and surgery. By type, the market is segmented into cervical fusion devices, thoracic fusion devices, and lumbar fusion devices. By surgery, the market is segmented into open spine surgery and minimally invasive spine surgery. The report offers the value (in USD) for the above segments.

By Type Cervical Fusion Device
Thoracic Fusion Device
Lumbar Fusion Device
By Surgery Open Spine Surgery
Minimally Invasive Spine Surgery
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India Spinal Fusion Devices Market Research Faqs

How big is the India Spinal Fusion Devices Market?

The India Spinal Fusion Devices Market size is expected to reach USD 312.08 million in 2025 and grow at a CAGR of 5.40% to reach USD 405.94 million by 2030.

What is the current India Spinal Fusion Devices Market size?

In 2025, the India Spinal Fusion Devices Market size is expected to reach USD 312.08 million.

Who are the key players in India Spinal Fusion Devices Market?

Globus Medical Inc., Medtronic PLC, Johnson & Johnson (DePuy Synthes), Auxein Medical Pvt Ltd and Stryker Corporation are the major companies operating in the India Spinal Fusion Devices Market.

What years does this India Spinal Fusion Devices Market cover, and what was the market size in 2024?

In 2024, the India Spinal Fusion Devices Market size was estimated at USD 295.23 million. The report covers the India Spinal Fusion Devices Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the India Spinal Fusion Devices Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

India Spinal Fusion Devices Industry Report

Statistics for the 2025 India Spinal Fusion Devices market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. India Spinal Fusion Devices analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.

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India Spinal Fusion Devices Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)