France Spinal Surgery Devices Market Size

France Spinal Surgery Devices Market Analysis

The French spinal surgery devices market is expected to register a CAGR of 5.13% during the forecast period.

• COVID-19 impacted spinal surgery devices owing to the cancellations of elective surgeries and outpatient clinics in the country in its initial phase. However, the country was soon able to manage spinal surgeries despite pandemic restrictions. For instance, an article published in Elsevier Public Health Emergency Collection in October 2021 stated that spinal units in France were able to provide a good standard of care despite the worldwide pandemic for patients who required urgent and non-deformable spinal surgery. Therefore, the spinal devices market regained growth in the later phase of the pandemic. In the current scenario, COVID-19 had a negligible impact on the market since restrictions have been lifted.
• The condition known as rheumatoid arthritis (RA) is common among the population of France. For instance, according to the research study published in June 2022 in BMC Primary Care Journal, RA is one of the most common chronic and inflammatory diseases in rheumatology. Its prevalence is estimated at 0.35% every year in France. This creates a disease burden in the country. Spinal surgery provides considerable improvements in the treatment of RA. Thus, the high burden of RA is expected to demand the availability of spinal surgery devices for treatment purposes, further accelerating the studied market growth in France.
• Furthermore, the geriatric population is likely to increase the market growth over the forecast period. For instance, according to the 2022 statistics published by the United Nations Population Fund, in France, a large proportion of the population is expected to be aged 15-64 years and accounts for 61% in 2022. In addition, as per the same source, 21% of the population was aged 65 years and above in 2022. Thus, the rising geriatric populations are more prone to develop diseases such as arthritis and spinal deformity, which require spinal surgical procedures, thereby boosting the market growth over the forecast period.
• Additionally, the strategic initiatives by market players for expanding spinal surgery devices in the country are also expected to propel market growth. For instance, in September 2022, E Cential Robotics, a France-based company specializing in surgical robotics, developed a spine surgery platform that provides intra-operative 2D and 3D imaging, navigation, and robotic guidance for performing surgical procedures. The platform's surgical arm was granted 510(k) clearance from the United States Food and Drug Administration (US FDA) in September 2022 and received 510(k) approval for the platform's imaging system in 2021. Therefore, the rising approvals and launches by market players are expected to accelerate market growth.
• Therefore, owing to the aforementioned factors, the studied market is anticipated to witness growth over the analysis period. However, the stringent reimbursement concerns and expensive treatment procedures are likely to impede market growth.