Italy Spinal Surgery Devices Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

The Italy Spinal Surgery Devices Market is segmented by Device Type (Spinal Decompression, Spinal Fusion, Fracture Repair Devices, Arthroplasty Devices, and Non-fusion Devices)

Market Snapshot

CAGR
Study Period: 2018 - 2026
Base Year: 2019
CAGR: 4.8 %

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Market Overview

The market will show rapid growth due to the increasing incidences of degenerative spinal conditions and technological advances in spinal surgery. Owing to the recent technological advances, the number of minimally invasive procedures has increased significantly, along with the traditional open surgery techniques. According to the National Association of self-medication drugs survey, 50.9 percent of respondents reported suffering from backache in 2018 in Italy. Moreover, the increasing healthcare expenditure, rising incidences of back pain and spinal surgeries, are expected to drive the market studied, over the forecast period.

Scope of the report

As per the scope of the report, spinal surgery devices are the devices used for the treatment of spinal injuries or deformities. They help restructure or realign the spine.

By Device Type
Spinal Decompression
Spinal Fusion
Fracture Repair Devices
Arthroplasty Devices
Non-fusion Devices

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Key Market Trends

Spinal Fusion is Expected to Hold the Highest Market Share in the Device Type Segment

In the device type segment of the spinal surgery devices market, spinal fusion is believed to have the largest market size, and it is expected to witness high growth during the forecast period. Many products in the market provide conventional effective treatments to patients suffering from lumbar spinal stenosis, along with alternative advanced treatments for decompression spine surgery. The major market players manufacture both anterior and posterior dynamic stabilization devices for the lumbar spine. Moreover, many clinical trials are in the process of further development.

Itlay spine

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Competitive Landscape

The market is moderately competitive and consists of several major players. Moreover, with the increasing technological advancements and product innovations, mid-size to smaller companies are increasing their market presence by introducing new technologies with better usability. Companies, like Zimmer Biomet, Stryker Corporation, Depuy Synthes, Medtronic, and Globus Medical Inc., hold substantial shares in the market.

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Deliverables

    2. 1.2 Study Assumptions

    3. 1.3 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Overview

    2. 4.2 Market Drivers

      1. 4.2.1 Increasing Demand for Minimally Invasive Surgical Procedures

      2. 4.2.2 Technological Advances in Spinal Surgery

    3. 4.3 Market Restraints

      1. 4.3.1 Complications Associated with the Spine Surgery

    4. 4.4 Porter's Five Force Analysis

      1. 4.4.1 Threat of New Entrants

      2. 4.4.2 Bargaining Power of Buyers/Consumers

      3. 4.4.3 Bargaining Power of Suppliers

      4. 4.4.4 Threat of Substitute Products

      5. 4.4.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION

    1. 5.1 By Device Type

      1. 5.1.1 Spinal Decompression

      2. 5.1.2 Spinal Fusion

      3. 5.1.3 Fracture Repair Devices

      4. 5.1.4 Arthroplasty Devices

      5. 5.1.5 Non-fusion Devices

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Company Profiles

      1. 6.1.1 Medtronic PLC

      2. 6.1.2 Styker Corporation

      3. 6.1.3 Johnson & Johnson

      4. 6.1.4 Globus Medical Inc.

      5. 6.1.5 Zimmer Holdings Inc.

      6. 6.1.6 Orthofix Holdings Inc.

      7. 6.1.7 Nuvasive Inc

      8. 6.1.8 Biomet, Inc.

    2. *List Not Exhaustive
  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability
**Competitive Landscape covers- Business Overview, Financials, Products and Strategies and Recent Developments

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Frequently Asked Questions

The Italy Spinal Surgery Devices Market market is studied from 2018 - 2026.

The Italy Spinal Surgery Devices Market is growing at a CAGR of 4.8% over the next 5 years.

Medtronic PLC, Johnson & Johnson, Globus Medical Inc., Zimmer Holdings Inc., Styker Corporation are the major companies operating in Italy Spinal Surgery Devices Market.

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