Press Release   -

Spinal Implants Market to Reach USD 16.1 Billion by 2035

According to analysts at Vantage Market Research, the Global Spine Implants Market size is worth USD 9.8 Billion in 2024 and is projected to reach USD 16.1 Billion by 2035, growing at a CAGR (Compound Annual Growth Rate) of 6.4% from 2024 to 2035. The key trends for spine implants market includes robotic-assisted procedures, biocompatible materials, outpatient surgeries, expanding emerging markets.

Market Overview

The increasing prevalence of spinal disorders such as degenerative disc disease, scoliosis, and spinal stenosis is a major factor driving the demand for Spine Implants market. With an aging population and the rise of sedentary lifestyles, the occurrence of these conditions is growing, leading to a higher demand for surgical treatments. Patients experiencing chronic back pain and mobility challenges are increasingly opting for surgical solutions, encouraging healthcare providers to utilize advanced spinal implant technologies. These implants not only improve patients' quality of life but also enable faster recovery and better surgical outcomes.

Advancements in spinal implant design and materials are opening up substantial market opportunities, particularly through innovations like minimally invasive techniques, 3D printing, and smart implant technology. Minimally invasive surgeries are gaining traction as they offer faster recovery, reduced scarring, and lower surgical risks, making them highly appealing to both patients and healthcare providers. Additionally, 3D printing enables the production of customized implants tailored to an individual’s anatomy, resulting in a precise fit and improved performance. Meanwhile, smart implants equipped with sensors provide real-time data monitoring, facilitating personalized post-operative care and significantly enhancing patient outcomes.

DePuy Synthes Receives FDA Clearance for the TriALTIS™ Spine System and Navigation Enabled Instruments

• In October 2023, Johnson & Johnson MedTech announced that   DePuy Synthes, The Orthopaedics Company of Johnson & Johnson, has secured 510(k) clearances from the U.S. Food and Drug Administration (FDA) for the TriALTIS™ Spine System and for TriALTIS™ Navigation Enabled Instruments

Key Takeaways from the Report

• North America dominated the market with largest market share of 37.58% in 2024. Market is driven by developed healthcare infrastructure, increasing spinal cord injury cases
• In 2024, based on the Product Type, the Spinal Fusion Devices category accounted for significant market share of 59.20%. The segment is driven by aging population and increasing prevalence of spinal disorders
• In 2024, based on the Procedure, the Open Surgery category accounted for significant market share of 58.40%. The open surgery can be attributed to the widespread adoption of traditional open surgical techniques for complex spinal conditions requiring clear visualization and precise implant placement
• In 2024, based on the End User, the hospitals category holds the largest market share. Hospitals are generally well equipped for carrying out spinal implant procedures and are generally more preferred
• In 2024, based on the Material, the Metallic Material category holds the largest market share. The segment is driven by the widespread use of materials like titanium and stainless steel, and known for their superior strength

Top Companies

• Alphatec
• Globus Medical
• Johnson & Johnson Services Inc
• Medtronic Inc
• NuVasive Inc
• Stryker Corporation
• Zimmer Biomet Holdings Inc
• Orthofix Medical Inc
• Ulrich Medical
• Spineart

Report Coverage

Our market research reports provide comprehensive insights that are essential for strategic decision-making. We cover all key aspects of the market, including dynamics such as drivers, restraints, opportunities, and challenges, alongside the latest industry trends. Our analysis includes an in-depth technology roadmap, product life cycle evaluation, and PESTLE analysis, ensuring a thorough understanding of the market environment. We also assess GDP growth outlooks, examine regional market landscapes, and evaluate the impact of major events like the COVID-19 pandemic. Additionally, our reports feature a detailed competitive landscape, including company market shares and profiles, providing actionable intelligence to empower your business strategies.

Latest News

Proprio Announces Strategic Partnership with Biedermann to Revolutionize Surgery Through AI-Powered Guidance

• In April 2024, Proprio, the leader in AI-powered surgical technology, today announced a landmark multi-phase partnership with the Biedermann Group,  the prominent innovator in next generation spinal implant systems and procedural solutions. Initially, the companies will collaborate to integrate Biedermann's advanced spinal implants with Proprio’s Paradigm system, which harnesses AI, computer vision, and augmented reality to provide unprecedented real-time visualization and guidance to surgeons in the operating room

About Vantage Market Research:

We, at Vantage Market Research, provide quantified B2B high quality research on more than 20,000 emerging markets, in turn, helping our clients map out constellation of opportunities for their businesses. We, as a competitive intelligence market research and consulting firm provide end to end solutions to our client enterprises to meet their crucial business objectives. Our clientele base spans across 70% of Global Fortune 500 companies. The company provides high quality data and market research services. The company serves various enterprises and clients in a wide variety of industries. The company offers detailed reports on multiple industries including Chemical Materials and Energy, Food and Beverages, Healthcare Technology, etc. The company’s experienced team of Analysts, Researchers, and Consultants use proprietary data sources and numerous statistical tools and techniques to gather and analyse information.