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Germany Spinal Surgery Devices Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

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

Germany Spinal Surgery Devices Market Size

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Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2019 - 2022
CAGR 5.16 %
Market Concentration Medium

Major Players

Germany Spinal Surgery Devices Market

*Disclaimer: Major Players sorted in no particular order

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Germany Spinal Surgery Devices Market Analysis

The Germany spinal surgery devices market has been witnessing a CAGR of 5.16%. The key factors propelling the growth of this market are the increasing adoption rate of minimally invasive spinal surgeries, increasing technological advancements in spinal surgery, and increasing incidences of obesity and degenerative spinal conditions.  

As per the report published by OECD "The Heavy Burden of Obesity", 2019, one in every four adults in Germany are obese. As a result, it reduces germans lives on average 2.6 years less due to overweight. These numbers are further expected to increase with changing lifestyles and food consumption methods in developed countries. Along with a likely increase in spinal problems in obese populations, owing to an increase in obesity, the degenerative spinal conditions are also expected to increase. 

Also, with the growing geriatric population, the number of people suffering from lower back pain and other degenerative spinal conditions is also expected to increase during the forecast period.

Germany Spinal Surgery Devices Market Trends

This section covers the major market trends shaping the Germany Spinal Surgery Devices Market according to our research experts:

Corpectomy by Spinal Fusion device type is Expected to Hold the Highest Market Share in the Device Type Segment

Corpectomy refers to the surgical procedures that remove damaged vertebrae and intervertebral discs that compress the spinal nervous system. The procedure involves surgical removal of vertebra from the cervical spine, which is located near the neck, and is therefore also called as anterior cervical corpectomy. Cervical corpectomy is performed for patients suffering from degenerative cervical spine. The degenerative changes in the cervical spine result in the formation of bony projections and herniated discs.

The market players present in the given segment offers wide range of technology advanced product which further bolster the demand of the devices. For instance, Stryker corporation offers Capri Cervical 3D Expandable Corpectomy Cage System for stabilization of the spine as well as Medtronic offers T2 Altitude Expandable Corpectomy. Thus, availability of such technologically advanced products will fuelled the segment growth.

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Germany Spinal Surgery Devices Industry Overview

The Germany spinal surgery devices 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.

Germany Spinal Surgery Devices Market Leaders

  1. Styker Corporation

  2. Zimmer Holdings Inc.

  3. Globus Medical Inc.

  4. Johnson & Johnson

  5. Medtronic PLC

*Disclaimer: Major Players sorted in no particular order

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Germany Spinal Surgery Devices Market Report - 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 Incidences of Obesity and Degenerative Spinal Conditions

      2. 4.2.2 Increasing Number of Minimally Invasive Spinal Surgeries Coupled with Technological Advances in Spinal Surgery

    3. 4.3 Market Restraints

      1. 4.3.1 Stringent Regulatory Process for New Product Approvals & Expensive Treatment Procedures

    4. 4.4 Porter's Five Forces Analysis

      1. 4.4.1 Bargaining Power of Suppliers

      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

        1. 5.1.1.1 Corpectomy

        2. 5.1.1.2 Discectomy

        3. 5.1.1.3 Facetectomy

        4. 5.1.1.4 Foraminotomy

        5. 5.1.1.5 Laminotomy

      2. 5.1.2 Spinal Fusion

        1. 5.1.2.1 Cervical Fusion

        2. 5.1.2.2 Interbody Fusion

        3. 5.1.2.3 ThoracoLumbar Fusion

        4. 5.1.2.4 Other Spinal Fusions

      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 Alphatec Spine Inc.

      6. 6.1.6 SeaSpine Holdings Corporation

      7. 6.1.7 Zimmer Holdings Inc.

      8. 6.1.8 Orthofix Holdings Inc.

      9. 6.1.9 Nuvasive Inc.

      10. 6.1.10 Joimax GmbH

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

**Competitive Landscape Covers - Business Overview, Financials, Products and Strategies, and Recent Developments
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Germany Spinal Surgery Devices Industry Segmentation

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. The market is segmented by Device Type. The devices segment is further sub-segmented by Spinal Decompression, Spinal Fusion, Fracture Repair Devices, Arthroplasty Devices, and Non-fusion Devices.

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Germany Spinal Surgery Devices Market Research FAQs

The Germany Spinal Surgery Devices Market is projected to register a CAGR of 5.16% during the forecast period (2024-2029)

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

The report covers the Germany Spinal Surgery Devices Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Germany Spinal Surgery Devices Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.

Germany Spinal Surgery Devices Industry Report

Statistics for the 2024 Germany Spinal Surgery Devices market share, size and revenue growth rate, created by ÌÇÐÄvlog´«Ã½â„¢ Industry Reports. Germany Spinal Surgery Devices analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.

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Germany Spinal Surgery Devices Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)