PUBLISHER: The Business Research Company | PRODUCT CODE: 1673999
PUBLISHER: The Business Research Company | PRODUCT CODE: 1673999
Spine implants serve as essential devices for addressing spinal deformities, offering solutions for stabilizing, strengthening, and promoting bone fusion in various spinal disorders such as degenerative disc disease, kyphosis, scoliosis, spondylolisthesis, spinal stenosis, and fractures.
The primary categories within the spine implants market encompass spinal fusion devices, non-fusion devices or motion preservation devices, vertebral compression fracture (VCF) treatment devices, spinal bone stimulators, and spine biologics. Specifically designed for treating spinal disorders, spinal fusion devices tackle spinal instability through the surgical implantation of materials such as titanium-alloy, titanium, stainless steel, and non-metallic devices into the spine. The procedures involved include both open surgery and minimally invasive surgery (MIS). Materials utilized in spine implants span metallic, polymeric, and ceramic compositions. The application of spine implants extends to various healthcare settings, including hospitals, specialty orthopedic and spine centers, as well as ambulatory surgical centers.
The spine implants market research report is one of a series of new reports from The Business Research Company that provides spine implants market statistics, including spine implants industry global market size, regional shares, competitors with a spine implants market share, detailed spine implants market segments, market trends and opportunities, and any further data you may need to thrive in the spine implants industry. This spine implants market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The spine implants market size has grown steadily in recent years. It will grow from $11.65 billion in 2024 to $12.08 billion in 2025 at a compound annual growth rate (CAGR) of 3.7%. The growth in the historic period can be attributed to rising incidences of spinal disorders, growth in the number of healthcare facilities, growing demand for spine surgeries in emerging markets, rapid growth in elderly population, launch of advanced bone grafting products, and increasing adoption of minimally invasive spine surgeries.
The spine implants market size is expected to see strong growth in the next few years. It will grow to $15.11 billion in 2029 at a compound annual growth rate (CAGR) of 5.8%. The growth in the forecast period can be attributed to advancements in spine surgery technologies, increasing elderly population, changes in lifestyles, faster economic growth and increasing reimbursement for spine implants. Major trends in the forecast period include adopting nanosurface technology to development of novel bioceramic materials, focusing on development of smart metals, developing novel motion preservation devices for spine implants, investing in 3d printing technologies, offering patient specific instrumentation and adaptive spine technology (AST), focusing on minimally invasive spinal surgery and novel endoscopic spinal surgery.
The increasing aging population is anticipated to drive the growth of the spinal implants market in the coming years. An aging population refers to a demographic trend where a larger proportion of individuals aged 65 and older exists within a society, often resulting from lower birth rates and higher life expectancy. This trend is primarily attributed to advancements in healthcare, which have extended life expectancy, alongside declining birth rates in many countries. Spinal implants are essential for the aging population to address age-related conditions such as osteoporosis, spinal degeneration, and chronic pain, which can result in reduced mobility and a diminished quality of life. For example, a report published by the World Health Organization (WHO) in October 2022 indicated that by 2030, one in six people globally is expected to be 60 years old or older. By 2050, this figure is projected to reach 2.1 billion individuals worldwide who are 60 years or older. Therefore, the growing aging population is propelling the expansion of the spinal implants market.
Anticipated growth in the spine implants market is further driven by the increasing adoption of minimally invasive procedures. These procedures involve medical techniques and surgical interventions utilizing small incisions, delicate instruments, and advanced imaging technology for diagnosis, treatment, or surgery within the body. The utilization of minimally invasive procedures in spine implant surgeries is on the rise, offering benefits such as reduced tissue damage and faster recovery. For instance, reports from Intuitive Surgical Inc., a US-based manufacturer of robotic products, revealed that in January 2023, approximately 1,875,000 surgical procedures were performed using Vinci Surgical Systems, indicating an 18% increase compared to the approximately 1,594,000 procedures conducted in 2021. Thus, the increasing adoption of minimally invasive procedures is a significant driver for the growth of the spine implants market.
Major companies in the spinal implants market are focusing on developing technologically advanced products, such as lateral spine implants, which facilitate less invasive access to the spine. This approach reduces muscle disruption, minimizes pain, and promotes quicker recovery. Lateral spine implants are surgical devices utilized in spinal fusion procedures, inserted from the side of the spine to stabilize and support the vertebrae, aiding in healing and alignment. For example, in February 2022, 4WEB Medical, a US-based orthopedic implant company, introduced the Hyperlordotic Lateral Spine Truss System (LSTS). A standout feature of the latest LSTS portfolio is its implants with 18, 24, and 30-degree lordotic angles, specifically designed for spine correction in anterior longitudinal release procedures. These implants, along with 4WEB's lumbar spinal plates, help decrease the need for more invasive surgeries. Additionally, the lateral access portfolio includes implants designed for direct lateral, anterior-to-psoas (ATP), and prone lateral approaches.
Key players in the spinal implants market are also innovating with products like vertebral compression fracture repair systems, which provide minimally invasive options to effectively alleviate pain, restore vertebral height, and support quicker recovery. Vertebral compression fracture repair systems are medical devices and techniques that stabilize and restore the height of fractured vertebrae, typically through minimally invasive procedures such as vertebroplasty or kyphoplasty, to relieve pain and enhance spinal function. For instance, in January 2024, Accelus, a US-based provider of surgical instruments and implants, launched the Linesider Modular-Cortical System for use in spinal implant procedures. This technology's unique feature allows surgeons to place screw shanks early in the procedure, improving efficiency. It also enables customization of the construct through modular tulips and rods, offering flexibility during surgery. Furthermore, the system is available in both open modular and cortical modular sets, catering to various surgical approaches.
In July 2022, Spineway, a France-based spinal implants manufacturer, made a strategic move by acquiring Spine Innovations for an undisclosed amount. This acquisition is expected to accelerate Spineway's innovation and growth, positioning the company as a leader in the spinal implants segment. Spinal Innovations, based in France, is recognized for its expertise in manufacturing spinal implants.
Major companies operating in the spine implants market include Medtronic plc, Johnson & Johnson, Stryker Corporation, NuVasive, Inc., Zimmer Biomet Holdings, Inc., Orthofix Medical Inc., SeaSpine Holdings Corporation, Narang Medical Limited, Atlas Surgical, Auxein Medical and Sharma Spine Medical Pvt. Ltd, Teijin Nakashima Medical Co, Seikagaku Corporation, Anatomics, New Zealand Spine (NZOA), Tianjin Walkman Biomaterials, Sunan Zimede Medical Instruments Co., Ltd, Smith & Nephew, aap Implantate AG, Orthopaedic & Spine Development (OSD), Waldemar Link GmbH & Co. KG, Amplitude SAS, Corin Group PLC, Precision Medical Technologies (Poland), Baltic Implants, Aequos Endoprothetik GmbH, Beznoska Company Ltd, SpineGuard, Integra Life Sciences, B. Braun Melsungen AG, Benvenue Medical, DePuy Synthes, Globus Medical, Inc., Aesculap, Inc., Alphatec Spine, Neoortho, NOVAX DMA, Spine Argentina, SAI (South America Implants), Shaarani Group, Babil Medical Equipment, Southern Medical (Pty) Ltd, SASpine, EliteSurgical, TiTaMED
North America was the largest region in the spine implants market in 2024. Western Europe was the second largest region in the spine implants market report. The regions covered in the spine implants market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The countries covered in the spine implants market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Canada, Spain
The spine implants market consists of sales of cages, plates, rods values, artificial disc and expandable rods. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Spine Implants Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on spine implants market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for spine implants ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The spine implants market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.