Motion Preservation Devices Market Size By Product, By Surgery, By Geographic Scope And Forecast


Posted January 22, 2021 by jennysmith22119

Motion Preservation Devices Market was valued at USD 1,331 Million in 2019 and is projected to reach USD 2,985 Million by 2027, growing at a CAGR of 10.7 % from 2020 to 2027.

 
Motion Preservation Devices Market Size And Forecast
The Global Motion Preservation Devices Market report provides a holistic evaluation of the market for the forecast period. The report comprises various segments as well as an analysis of the trends and factors that are playing a substantial role in the market. These factors; the market dynamics involve the drivers, restraints, opportunities, and challenges through which the impact of these factors in the market is outlined. The drivers and restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market. The Global Motion Preservation Devices Market study provides an outlook on the development of the market in terms of revenue throughout the prognosis period.

Motion Preservation Devices Market was valued at USD 1,331 Million in 2019 and is projected to reach USD 2,985 Million by 2027, growing at a CAGR of 10.7 % from 2020 to 2027.

What are Motion Preservation Devices?
Motion Preservation Devices are used to restore the natural motion of the Spinal Cord. Motion preservation devices can treat pathologies that are untreatable with the traditional procedures of fusion. Spinal Disorders like bone enlargement and thickening of the band of tissues in the spine leads to structural changes in the spinal cord. Geriatric Population usually suffers from spinal stenosis. These devices help the patient to hold flexibility and movement of the spinal cord. There are four categories of motion preservation devices namely Total Disc Replacement, Prosthetic Nucleus Replacement, Posterior Dynamic Devices, and Facet Replacement.

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Global Motion Preservation Devices Market Outlook
In the report, the market outlook section mainly encompasses fundamental dynamics of the market which include drivers, restraints, opportunities and challenges faced by the industry. Drivers and restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market.

An increase in the geriatric population suffering from spinal stenosis is driving the Motion Preservation Devices market. Rising spinal disorders across all the age groups around the world due to changing lifestyles may act as a driving factor for the market. Technological advancements along with increasing awareness in the segment will act as a boosting factor for the market during the projected period’. On the other hand, lack of reimbursement may act as a restraining factor for the market.

Verified Market Research narrows down the available data using primary sources to validate the data and use it in compiling a full-fledged market research study. The report contains a quantitative and qualitative estimation of market elements that interests the client. The “Global Motion Preservation Devices Market” is mainly bifurcated into sub-segments which can provide classified data regarding the latest trends in the market.

Global Motion Preservation Devices Market Competitive Landscape
The “Global Motion Preservation Devices Market” study report will provide a valuable insight with an emphasis on global market including some of the major players such as Aurora Spine Corporation, B. Braun Melsungen AG, Depuy Synthes (Johnson & Johnson), Globus Medical, Inc., HPI Implants, Paradigm Spine, RTI Surgical, Inc., Raymedica, Inc., Spinal Kinetics, Inc., and Zimmer Biomet Holdings, Inc. Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above-mentioned players globally.

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Motion Preservation Devices Market, By Product
• Dynamic Stabilization Devices
o Interspinous Process Spacers
o Pedicle Screw-Based Systems
o Facet Replacement Products
• Artificial Discs Replacement Devices
o Artificial Cervical Discs
o Artificial Lumbar Discs
• Annulus Repair Devices
• Nuclear Disc Prostheses Devices

Motion Preservation Devices Market, By Surgery
• Open Spine Surgery
• Minimally Invasive Spine Surgery

Motion Preservation Devices Market, By Geographic Scope
• North America
o U.S.
o Canada
o Mexico
• Europe
o Germany
o UK
o France
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o Rest of Asia Pacific
• Rest of the World

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Last Updated January 22, 2021