According to FutureWise analysis the market for Non Fusion Spinal Devices in 2023 is US$ 4.37 billion, and is expected to reach US$ 6.47 billion by 2031 at a CAGR of 5.00%.
Spinal implants are devices used to treat disorders such as spinal disproportion and instability. A spinal surgical device can be divided into fusion or nonfusion devices. Fusion devices heal by providing immediate and rigid immobilization, while nonfusion devices treat by replacing pro-inflammatory tissues, restoring spinal alignment, and decompressing neural elements instead of completely destroying them. Several advantages, such as the lack of bone graft donor-site morbidity, pseudoarthrosis, and adjacent segment degeneration (ASD) suggest that patients should choose nonfusion devices over fusion devices. Therefore, the growth of the spinal non-fusion device market is expected to accelerate during the forecast period. As non-fusion spinal surgical devices have grown in popularity, many companies have developed and launched medical devices associated with those fields, such as dynamic stabilization, artificial disc replacement, and interspinous phase decompression. Non-fusion spinal devices are used to treat people with degenerative disc disease, which results in chronic neck and back pain.
FutureWise Market Research has instantiated a report that provides an intricate analysis of Non Fusion Spinal Devices Market trends that shall affect the overall market growth. Furthermore, it includes detailed information on the graph of profitability, SWOT analysis, market share and regional proliferation of this business. Moreover, the report offers insights on the current stature of prominent market players in the competitive landscape analysis of this market.
According to the research study conducted by FutureWise research analysts, the Non Fusion Spinal Devices Market is anticipated to attain substantial growth by the end of the forecast period. The report explains that this business is predicted to register a noteworthy growth rate over the forecast period. This report provides crucial information pertaining to the total valuation that is presently held by this industry and it also lists the segmentation of the market along with the growth opportunities present across this business vertical.