MarketReportsOnline.com - Global Spine Market Report 2012
Published: August 2012 No. of Pages: 52
Price: Single User: US $ 800 Corporate User: US $ 1600
The spine market is by far the largest segment within the global orthopedic market. Over the last few
years, the market has witnessed significant growth majorly on the back of economic recovery and aging
population. The US is the largest market for spinal surgeries and the country has significant growth
opportunity in the coming years also. However, in 2011, the overall revenue of the spine market in the US
has declined due to pricing pressures on manufacturers and declining insurance coverage.
Within the global spine market, the thoracolumber segment is the highest revenue generating segment,
whereas, in the US spine market, spinal fusion segment recorded higher revenues as well as higher
procedural volumes compared to the other segments. The spinal fusion and disc replacement segments
in the US have shown significant volume growth. However, the revenue from these segments grew
marginally as the average selling prices of spine equipments have declined as a result of pricing pressure
on manufacturers and higher competition in the market.
It is expected that new innovations in the minimally invasive surgeries domain will continue to have a
positive impact on the market as the new and improved surgical tool will make complicated spine
surgeries easier than before. However, shortage of skilled healthcare workers, doubtful medical
reimbursements, and growing cost of advanced surgeries will continue to challenge the growth of the
Medtronic led both the worldwide and the US spine market in 2011, followed by JNJ Depuy, Synthes, and
Stryker. However, the market share of Medtronic has witnessed significant decline in recent past due to
strong performance of few new entrants (including NuVasive and Globus Medical) in the market.
Recently, JNJ Depuy acquired Synthes and the combined entity is expected to become the major
competitor of Medtronic.
The report provides an analysis of the global spine market. It discusses major market trends, growth
drivers, and challenges. It presents the competitive structure of the industry and profiles major players in
the spine market with a discussion of their key business strategies.
By combining SPSS Inc.’s data integration and analysis capabilities with our relevant findings, we have
predicted the future growth of the global spine market. We employed various significant variables that
have an impact on this industry and created regression models with SPSS Base to determine the future
direction of the industry. Before deploying the regression model, the relationship between several
independent or predictor variables and the dependent variable was analyzed using standard SPSS
output, including charts, tables and tests.
Global Spine Market 2012
Table of Contents
1. Spine Market Overview
2. Market Size
3. Key Trends
4. Growth Drivers
5. Significant Developments
7. Spine Market - Competitive landscape
8. Company Profiles
9. Market Outlook
List of Tables
List of Charts