18 Mar Interbody Fusion Cage Market to Hit $3.01 Billion by 2030 at 4.7% CAGR, Says Allied Market Research
Rise in demand for interbody fusion cage surgeries and increase in geriatric population coupled with surge in spinal cord injuries have boosted the growth of the global interbody fusion cage market.
PORTLAND, Ore., March 17, 2022 /PRNewswire/ — Allied Market Research recently published a report, titled, “Interbody Fusion Cage Market by Product Type (Lumbar Cage, Cervical Cage, Thoraco-lumbar Cage, and Thoracic Cage), Surgery (Anterior, Posterior, Lateral, and Transforaminal), and End User (Hospitals & Clinics, Ambulatory Surgical Centers, and Others): Global Opportunity Analysis and Industry Forecast, 2021-2030.” As per the report, the global interbody fusion cage industry generated $1.90 billion in 2020, and is projected to reach $3.01 billion by 2030, growing at a CAGR of 4.7% from 2021 to 2030.
Drivers, restraints, and opportunities
Rise in demand for interbody fusion cage surgeries and increase in geriatric population coupled with surge in spinal cord injuries have boosted the growth of the global interbody fusion cage market. However, high cost associated with spinal fusion surgeries and lack of skilled professionals hinder the market growth. On the contrary, surge in disposable income in developing countries would unlock new opportunities in the future.
Download ample Report- https://www.alliedmarketresearch.com/request-sample/3741
Impact of Covid-19 on Interbody Fusion Cage Market-
- The Covid-19 pandemic hampered the market due to strict social distancing measures imposed by governments and overwhelmed healthcare facilities with Covid-19 patients.
- Several clinics and hospitals were closed during the pandemic and healthcare professionals advised patients to postpone major surgeries. This reduced the demand for interbody fusion cage market.
Get detailed COVID-19 impact analysis on the Interbody Fusion Cage Market- https://www.alliedmarketresearch.com/request-for-customization/3741?reqfor=covid
The apple flavored segment dominated the market
By product type, the lumbar cage segment held the lion’s share in 2020, accounting for nearly two-fifths of the global interbody fusion cage market, due to rise in cervical fusion surgeries and elimination of need of bone grafting and plate replacement. However, the thoracic cage segment is projected to portray the highest CAGR of 6.6% during the forecast period, due to rise consumer awareness regarding thoracic cage treatment in developed and developing countries.
The ambulatory surgical centers segment to register the highest CAGR through 2030
By end user, the ambulatory surgical centers segment is anticipated is estimated to register the highest CAGR of 5.0% from 2021 to 2030, due to high incidence rate of spinal injuries and sport injuries. However, the hospital and clinics segment held the lion’s share in 2020, contributing to more than half of the global interbody fusion cage market, due to rise in number of spinal fusions performed at hospitals.
For Purchase Inquiry- https://www.alliedmarketresearch.com/purchase-enquiry/3741
North America held the lion’s share
By region, the global market across North America held the largest share in 2020, accounting for nearly two-fifths of the market, due to rise in expenditure on R&D activities, presence of major players & product availability, and well-established healthcare infrastructure in the region. However, the global interbody fusion cage market across Asia-Pacific is anticipated to register the highest CAGR of 6.0% during the forecast period, due to improvement in R&D facilities, disposable income, and developing economic conditions.
Key market players
- Aurora Spine, Inc.
- B. Braun Melsungen AG
- Benvenue Medical Inc
- Prodorth
- Ulrich Medicals
- Orthofix
- Medtronic Plc
- Zimmer Biomet Holdings, Inc.
- NuVasive, Inc.
- Johnson & Johnson
Official Press Release- https://www.alliedmarketresearch.com/press-release/interbody-fusion-cage-market.html
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AVENUE- A Subscription-Based Library (Premium on-demand, subscription-based pricing model):
AMR introduces its online premium subscription-based library Avenue, designed specifically to offer cost-effective, one-stop solution for enterprises, investors, and universities. With Avenue, subscribers can avail an entire repository of reports on more than 2,000 niche industries and more than 12,000 company profiles. Moreover, users can get an online access to quantitative and qualitative data in PDF and Excel formats along with analyst support, customization, and updated versions of reports.
Get an access to the library of reports at any time from any device and anywhere. For more details, follow the link: https://www.alliedmarketresearch.com/library-access
About Allied Market Research:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free: +1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-855-550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
SOURCE Allied Marke
PORTLAND, Ore., March 17, 2022 /PRNewswire/ — Allied Market Research recently published a report, titled, “Interbody Fusion Cage Market by Product Type (Lumbar Cage, Cervical Cage, Thoraco-lumbar Cage, and Thoracic Cage), Surgery (Anterior, Posterior, Lateral, and Transforaminal), and End User (Hospitals & Clinics, Ambulatory Surgical Centers, and Others): Global Opportunity Analysis and Industry Forecast, 2021-2030.” As per the report, the global interbody fusion cage industry generated $1.90 billion in 2020, and is projected to reach $3.01 billion by 2030, growing at a CAGR of 4.7% from 2021 to 2030.
Drivers, restraints, and opportunities
Rise in demand for interbody fusion cage surgeries and increase in geriatric population coupled with surge in spinal cord injuries have boosted the growth of the global interbody fusion cage market. However, high cost associated with spinal fusion surgeries and lack of skilled professionals hinder the market growth. On the contrary, surge in disposable income in developing countries would unlock new opportunities in the future.
Download ample Report- https://www.alliedmarketresearch.com/request-sample/3741
Impact of Covid-19 on Interbody Fusion Cage Market-
- The Covid-19 pandemic hampered the market due to strict social distancing measures imposed by governments and overwhelmed healthcare facilities with Covid-19 patients.
- Several clinics and hospitals were closed during the pandemic and healthcare professionals advised patients to postpone major surgeries. This reduced the demand for interbody fusion cage market.
Get detailed COVID-19 impact analysis on the Interbody Fusion Cage Market- https://www.alliedmarketresearch.com/request-for-customization/3741?reqfor=covid
The apple flavored segment dominated the market
By product type, the lumbar cage segment held the lion’s share in 2020, accounting for nearly two-fifths of the global interbody fusion cage market, due to rise in cervical fusion surgeries and elimination of need of bone grafting and plate replacement. However, the thoracic cage segment is projected to portray the highest CAGR of 6.6% during the forecast period, due to rise consumer awareness regarding thoracic cage treatment in developed and developing countries.
The ambulatory surgical centers segment to register the highest CAGR through 2030
By end user, the ambulatory surgical centers segment is anticipated is estimated to register the highest CAGR of 5.0% from 2021 to 2030, due to high incidence rate of spinal injuries and sport injuries. However, the hospital and clinics segment held the lion’s share in 2020, contributing to more than half of the global interbody fusion cage market, due to rise in number of spinal fusions performed at hospitals.
For Purchase Inquiry- https://www.alliedmarketresearch.com/purchase-enquiry/3741
North America held the lion’s share
By region, the global market across North America held the largest share in 2020, accounting for nearly two-fifths of the market, due to rise in expenditure on R&D activities, presence of major players & product availability, and well-established healthcare infrastructure in the region. However, the global interbody fusion cage market across Asia-Pacific is anticipated to register the highest CAGR of 6.0% during the forecast period, due to improvement in R&D facilities, disposable income, and developing economic conditions.
Key market players
- Aurora Spine, Inc.
- B. Braun Melsungen AG
- Benvenue Medical Inc
- Prodorth
- Ulrich Medicals
- Orthofix
- Medtronic Plc
- Zimmer Biomet Holdings, Inc.
- NuVasive, Inc.
- Johnson & Johnson
Official Press Release- https://www.alliedmarketresearch.com/press-release/interbody-fusion-cage-market.html
Similar Research Reports for Information, Communication and Technology:
Coronary Stents Market – Global Opportunity Analysis and Industry Forecast, 2021–2030
Precision Medicine Market – Global Opportunity Analysis and Industry Forecast, 2021–2030
North America IVD Market – Global Opportunity Analysis and Industry Forecast, 2021–2030
Europe In Vitro Diagnostics Market – – Global Opportunity Analysis and Industry Forecast, 2021–2030
AVENUE- A Subscription-Based Library (Premium on-demand, subscription-based pricing model):
AMR introduces its online premium subscription-based library Avenue, designed specifically to offer cost-effective, one-stop solution for enterprises, investors, and universities. With Avenue, subscribers can avail an entire repository of reports on more than 2,000 niche industries and more than 12,000 company profiles. Moreover, users can get an online access to quantitative and qualitative data in PDF and Excel formats along with analyst support, customization, and updated versions of reports.
Get an access to the library of reports at any time from any device and anywhere. For more details, follow the link: https://www.alliedmarketresearch.com/library-access
About Allied Market Research:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free: +1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-855-550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
SOURCE: Allied Market Research, PR Newswire, March 17 2022
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