Market Trends of France Spinal Surgery Devices Industry
Arthroplasty Devices Segment is Expected to Hold Significant Share in the French Spinal Surgery Devices Market
- Arthroplasty is a surgical procedure to restore the function of a joint. Arthroplasty is a type of orthopedic surgery in which the articular surface of a musculoskeletal joint is replaced, remodeled, or realigned through osteotomy or another procedure. The segment is expected to grow due to the high burden of arthroplasty procedures in the country, as well as technological advancements.
- The strategic initiatives by market players, such as product launches and expansions, are also contributing to the segment's growth. For instance, in March 2022, Exactech, a developer and producer of innovative implants, instrumentation, and smart technologies for joint replacement surgery, launched Equinoxe Humeral Reconstruction Prosthesis for clinical use in Europe, including France. The humeral reconstruction prosthesis is used in primary or revision arthroplasty procedures.
- Furthermore, in August 2022, Exactech conducted one of the first successful Spartan Stem and Logical Cup System surgeries for total hip arthroplasty. Therefore, the device's rising launches and success rate are expected to boost the segment's growth, accelerating the market growth.
- Therefore, rising product launches are expected to propel the segment's growth during the forecast period.
Understand The Key Trends Shaping This Market
Download Sample
Fracture Repair Devices is Expected to Register Healthy Growth Over the Forecast Period
- The fracture repair devices are expected to register healthy growth due to the increasing burden of spine diseases and fractures as a result of musculoskeletal disorders. Spinal cord injury stems from a traumatic blow on the spine that fractures, dislocates, crushes, or compresses one or more vertebrae. Therefore, spinal cord injuries boost the demand for fracture repair devices for treating such conditions. For instance, an article published in Médecine Intensive Réanimation in September 2021 stated that the number of spinal cord injuries in France is around 2000 new cases per year. The high burden of spinal cord injury propels the segment's growth during the forecast period.
- Furthermore, per the International Osteoporosis Foundation 2021 update, the new fragility fractures are estimated to increase by 26.0% in 2034, representing 610,000 fractures in 2034. Additionally, according to the French Road Safety Observatory (French: Observatoire National Interministériel de la Sécurité Routière (ONISR)) 2023 update, there were 53,540 injury traffic accidents and 67,057 injured people during the accidents in mainland France in 2021. Osteoporosis is reported to complicate spinal surgery; hence, the high burden of osteoporosis and road accidents is anticipated to increase the spinal fractures and augment the utility for fracture repair devices, propelling the segment's growth during the forecast period.
