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Published Date: 2015-11-10Number of Pages: 88

Spinal Trauma (High-energy Fractures) Devices Market: Global Industry Analysis, Size, Share, Growth Trends and Forecast 2015 - 2023

This report on the spinal trauma devices market studies the current and future prospects of the global market. Spinal trauma devices enables stabilization of the posterior area of spine while allowing motion and limiting the compression to the affected area of the spine. Growing incidences of traffic accidents, increasing geriatric population, and increasing number of trauma care centers is expected to accentuate the growth of spinal trauma devices market globally.

The spinal trauma devices market report comprises an elaborate executive summary, which includes a market snapshot that provides information about various segments and sub-segments of the market. It also provides information and data analysis of the global spinal trauma devices market with respect to market segments based on the type and their geographic analysis.

Based on type, the spinal trauma devices market has been segmented into two major categories: internal and external fixation devices. Internal fixation devices have been further segmented into plate and screw, rods and pins, and bone grafts. The market segments have been extensively analyzed based on usefulness, efficacy, revenue, and geographical coverage. The market size and forecast in terms of USD million for each segment has been provided for the period from 2013 to 2023. The report also provides the compound annual growth rate (CAGR %) for each market segment for the forecast period from 2015 to 2023, considering 2014 as the base year.

Geographically, the global spinal trauma devices market has been categorized into five major regions: North America, Europe, Asia Pacific, Latin America, and Rest of the World. The market size and forecast for each of these regions has been provided for the period from 2013 to 2023, along with their respective CAGRs for the forecast period from 2015 to 2023, considering 2014 as the base year. The research study also covers the competitive scenario in these regions. A detailed qualitative analysis of factors responsible for driving and restraining the growth of the market and future opportunities has been provided in the market overview section. This section of the report also provides market attractiveness analysis, Porter’s Five Forces analysis, and market share analysis by key players, thus presenting a thorough analysis of the overall competitive scenario in the global spinal trauma devices market.

A list of recommendations has been provided for new entrants as well as existing market players to assist them in taking strategic initiatives to establish a strong presence in the market. The report also profiles major players in the spinal trauma devices market based on various attributes such as company overview, financial overview, product portfolio, business strategies, and recent developments. Major players profiled in this report include Medtronic plc, DePuy Synthes, Stryker Corporation, NuVasive, Inc., Globus Medical, Inc., Arthrex, Inc., B. Braun Melsungen AG, CONMED Corporation, Smith & Nephew plc, Zimmer Biomet, Orthofix International, Spinal Technology, Inc., and ReWalk Robotics.

The global spinal trauma (high-energy fractures) devices market is segmented as given below:

Global Spinal Trauma (High-energy Fractures) Devices Market, by Device Type, 2013-2023 (USD Million)

  • Internal Fixation Devices
    • Plate and Screw
    • Rods and Pins
    • Bone Grafts
  • External Fixation Devices

Global Spinal Trauma (High-energy Fractures) Devices Market, by Geography, 2013 – 2023 (USD Million)

  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Rest of Latin America
  • Rest of the World (RoW)
    • Russia
    • Middle East and Africa


1. Preface
     1.1. Report Description
     1.2. Market Segmentation
     1.3. Research Methodology

2. Executive Summary
     2.1. Global Spinal Trauma Devices Market, Estimates and Forecast, By Revenue, 2013–2023 (US$ Mn)
     2.2. Global Spinal Trauma Devices Market, by Internal Fixation Devices, 2014 (US$ Mn)
     2.3. Global Market Share by Geography, 2014 and 2023 (Value %)
     2.4. Spinal Trauma Devices Market Snapshot

3. Global Spinal Trauma Devices Market – Industry Analysis
     3.1. Introduction
     3.2. Clinically Recognized Patient Population for High Energy Spinal Fractures, By Region
     3.3. Drivers
            3.3.1. Constant rise in incidence of traumatic spinal injuries
            3.3.2. Emergence of new technological advancements and minimally invasive techniques in the field of trauma fixation
            3.3.3. Increased global health care expenditure
     3.4. Restraints
            3.4.1. Absence of health insurance schemes in developing countries
     3.1.  Opportunities
            3.1.1. Shift from metallic to nonmetallic (bioresorbable) material for internal spinal fixators
            3.1.2. Emerging economies to offer sustained growth opportunities
     3.1.  Porter’s Five Forces Analysis
     3.2. Market Share – Spinal Trauma Devices Market (2014) (%) 
     3.3. Market Attractiveness Analysis – Spinal Trauma Devices Market

4. Market Segmentation – By Type
     4.1. Introduction
     4.2. Global Internal Fixation Devices Market, 2013–2023 (US$ Mn)
            4.2.1. Global Plate and Screw Market, 2013–2023 (US$ Mn)
            4.2.2. Global Rods and Pins Market, 2013–2023 (US$ Mn)
            4.2.3. Global Bone Grafts Market, 2013–2023 (US$ Mn)
     4.3. Global External Fixation Devices Market, 2013–2023 (US$ Mn)

5. Spinal Trauma Devices Market - Regional Analysis
     5.1. Global Spinal Trauma Devices Market: Regional Overview
     5.2. North America Spinal Trauma Devices Market Overview
     5.3. Europe Spinal Trauma Devices Market Overview
     5.4. Asia Pacific Spinal Trauma Devices Market Overview
     5.5. Latin America Spinal Trauma Devices Market Overview
     5.6. RoW Spinal Trauma Devices Market Overview

6. Recommendations

7. Company Profiles.
     7.1. Arthrex, Inc.
     7.2. B. Braun Melsungen AG
     7.3. CONMED Corporation 
     7.4. DePuy Synthes
     7.5. Globus Medical, Inc.
     7.6. Medtronic
     7.7. NuVasive, Inc.
     7.8. ReWalk Robotics
     7.9. Smith & Nephew plc
     7.10. Stryker Corporation
     7.11. Spinal Technology, Inc.
     7.12. Orthofix International NV
     7.13. Zimmer Biomet

Spinal trauma devices are used to stabilize the posterior area of spine while allowing motion and limiting the compression to the affected area of the spine. Spinal trauma devices have been categorized into two segments based on type: internal fixation devices, and external fixation devices. The application of these devices is mainly based on the type of injury. Internal fixation devices involve surgical implementation of implants to fix broken bone. External fixation devices are majorly used to stabilize bone. The internal fixation devices dominated the global spinal trauma devices market accounting for the share of 60.5% of the global in 2014. Internal fixation devices is further sub-segmented into plate and screw, rods and pins, and bone grafts. Plate and screw was the largest sub-segment of the internal fixation devices segment, accounting for a share of 60.1% in 2014 due to rigid internal fixation related to the overall attachment process and improved stabilization without the need to compress the bone. While, bone grafts segment was anticipated to be the fastest growing segment due to reduced possibility of immunological rejection and product innovation in this segment. The major factors driving the internal fixation devices segment are growing demand for cost-effective and highly durable spinal fixation devices. Scientific and technological advancements in the internal fixation and better reliability of internal fixators boost the demand for internal fixation devices. Moreover, internal fixation devices hold an upper-hand as compared to external fixation devices such as, internal fixator aid in achieving accurate anatomic reduction which is significant to minimize the chances of post-traumatic arthritis, thereby driving the growth of the internal fixation devices segment during the forecast period from 2015 to 2023.

The external fixation devices segment is anticipated to witness a sluggish growth rate during the forecast period of 2013 to 2015. The external fixation devices include Ilizarov devices, spinal cord stimulators, robotic exoskeletons, spinal braces, collars and halo vests. Ilizarov devices are the most significant type and widely used external fixation device majorly used for bone lengthening.

Geographically, North America dominated the spinal trauma devices market in 2014 with a share of 47.2% due to factors such as advancements in product designs and technologies and government initiatives related to awareness of bioresorbable materials among the people. Rising prevalence of spinal abnormalities and deformities and large number of accident cases associated with automobiles and sports are the other factors supporting the market growth. Asia Pacific is projected to be the most lucrative market for spinal trauma devices and is expected to expand at the highest growth rate of 7.1% from 2015 to 2023. Factors propelling the growth of the spinal trauma devices market in Asia Pacific are rising disposable income, high affordability of expensive medical treatments, and rising health care awareness among the people.

Medtronic dominated the spinal trauma devices market in 2014 with a market share of 32.8%. Major factors attributed to its dominance are broad product portfolio and high market penetration. DePuy Synthes secured the second market position with a share of 24.6% in 2014 offering a wide range of spinal trauma devices. Stryker Corporation held the third position and accounted for a share of 9.2% in 2014. Other players in the spinal trauma devices market include Smith & Nephew, NuVasive, Inc. Zimmer Biomet, Globus Medical, Inc. and others. These players have worldwide presence in the spinal trauma device industry and are involved in constant product development and competition with each other.

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