Italy Spinal Surgery Devices Market Size
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 4.80 % |
Major Players*Disclaimer: Major Players sorted in no particular order |
Italy Spinal Surgery Devices Market Analysis
The market will show rapid growth due to the increasing incidences of degenerative spinal conditions and technological advances in spinal surgery. Owing to the recent technological advances, the number of minimally invasive procedures has increased significantly, along with the traditional open surgery techniques. According to the National Association of self-medication drugs survey, 50.9 percent of respondents reported suffering from backache in 2018 in Italy. Moreover, the increasing healthcare expenditure, rising incidences of back pain and spinal surgeries, are expected to drive the market studied, over the forecast period.
Italy Spinal Surgery Devices Market Trends
This section covers the major market trends shaping the Italy Spinal Surgery Devices Market according to our research experts:
Spinal Fusion is Expected to Hold the Highest Market Share in the Device Type Segment
In the device type segment of the spinal surgery devices market, spinal fusion is believed to have the largest market size, and it is expected to witness high growth during the forecast period. Many products in the market provide conventional effective treatments to patients suffering from lumbar spinal stenosis, along with alternative advanced treatments for decompression spine surgery. The major market players manufacture both anterior and posterior dynamic stabilization devices for the lumbar spine. Moreover, many clinical trials are in the process of further development.
Italy Spinal Surgery Devices Industry Overview
The market is moderately competitive and consists of several major players. Moreover, with the increasing technological advancements and product innovations, mid-size to smaller companies are increasing their market presence by introducing new technologies with better usability. Companies, like Zimmer Biomet, Stryker Corporation, Depuy Synthes, Medtronic, and Globus Medical Inc., hold substantial shares in the market.
Italy Spinal Surgery Devices Market Leaders
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Medtronic PLC
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Johnson & Johnson
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Globus Medical Inc.
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Zimmer Holdings Inc.
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Styker Corporation
*Disclaimer: Major Players sorted in no particular order
Italy Spinal Surgery Devices Market Report - Table of Contents
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1. INTRODUCTION
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1.1 Study Deliverables
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1.2 Study Assumptions
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1.3 Scope of the Study
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2. RESEARCH METHODOLOGY
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3. EXECUTIVE SUMMARY
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4. MARKET DYNAMICS
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4.1 Market Overview
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4.2 Market Drivers
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4.2.1 Increasing Demand for Minimally Invasive Surgical Procedures
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4.2.2 Technological Advances in Spinal Surgery
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4.3 Market Restraints
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4.3.1 Complications Associated with the Spine Surgery
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4.4 Porter's Five Force Analysis
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4.4.1 Threat of New Entrants
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4.4.2 Bargaining Power of Buyers/Consumers
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4.4.3 Bargaining Power of Suppliers
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4.4.4 Threat of Substitute Products
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4.4.5 Intensity of Competitive Rivalry
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5. MARKET SEGMENTATION
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5.1 By Device Type
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5.1.1 Spinal Decompression
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5.1.2 Spinal Fusion
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5.1.3 Fracture Repair Devices
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5.1.4 Arthroplasty Devices
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5.1.5 Non-fusion Devices
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6. COMPETITIVE LANDSCAPE
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6.1 Company Profiles
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6.1.1 Medtronic PLC
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6.1.2 Styker Corporation
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6.1.3 Johnson & Johnson
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6.1.4 Globus Medical Inc.
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6.1.5 Zimmer Holdings Inc.
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6.1.6 Orthofix Holdings Inc.
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6.1.7 Nuvasive Inc
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6.1.8 Biomet, Inc.
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- *List Not Exhaustive
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7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Italy Spinal Surgery Devices Industry Segmentation
As per the scope of the report, spinal surgery devices are the devices used for the treatment of spinal injuries or deformities. They help restructure or realign the spine.
By Device Type | |
Spinal Decompression | |
Spinal Fusion | |
Fracture Repair Devices | |
Arthroplasty Devices | |
Non-fusion Devices |
Italy Spinal Surgery Devices Market Research FAQs
What is the current Italy Spinal Surgery Devices Market size?
The Italy Spinal Surgery Devices Market is projected to register a CAGR of 4.80% during the forecast period (2024-2029)
Who are the key players in Italy Spinal Surgery Devices Market?
Medtronic PLC, Johnson & Johnson, Globus Medical Inc., Zimmer Holdings Inc. and Styker Corporation are the major companies operating in the Italy Spinal Surgery Devices Market.
What years does this Italy Spinal Surgery Devices Market cover?
The report covers the Italy Spinal Surgery Devices Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Italy Spinal Surgery Devices Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Italy Spinal Surgery Devices Industry Report
Statistics for the 2024 Italy Spinal Surgery Devices market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Italy Spinal Surgery Devices analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.