The South Africa spinal surgery devices market will show a rapid growth due to increasing incidences of degenerative spinal conditions and technological advances in spinal surgery.
The major factors driving the growth of the market in South Africa are the increasing cases of spinal injuries and the presence of organizations, such as SASCA and South African Spine Society. The South African Spine Society is an independent professional organization of medical and complementary health personnel that helps to promote continuing medical education for healthcare professionals and disseminate knowledge on spine-related disorders. Thus, the presence of this type of organizations is expected to create awareness among the population.
There are also various technological advances that have been done in the spinal surgeries since the last decade. The recent advancements include spinal navigation technology that allows surgeons to place the spinal instrumentation accurately and perform the decompression procedure. These technological advancements and adoption of novel technologies is increasing in South Africa, which is driving the spinal surgery devices market.
Key Market Trends
Spinal Fusion is Expected to Hold its Highest Market Share in the Device Type Segment
The spinal fusion devices in the market provide conventional, yet effective treatments to patients suffering from lumbar spinal stenosis, along with alternative advanced treatments for decompression spine surgery. The major market players manufacture both anterior and posterior dynamic stabilization devices for the lumbar spine. Moreover, many clinical trials are in the process for further development. This factor is likely to offer various benefits to the market studied.
Competitive Landscape
The South Africa spinal surgery devices market is moderately competitive and consists of several major players. Moreover, with increasing technological advancements and product innovations, mid-size to smaller companies are increasing their market presence by introducing new technologies with better usability.
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The major factors driving the growth of the market in South Africa are the increasing cases of spinal injuries and the presence of organizations, such as SASCA and South African Spine Society. The South African Spine Society is an independent professional organization of medical and complementary health personnel that helps to promote continuing medical education for healthcare professionals and disseminate knowledge on spine-related disorders. Thus, the presence of this type of organizations is expected to create awareness among the population.
There are also various technological advances that have been done in the spinal surgeries since the last decade. The recent advancements include spinal navigation technology that allows surgeons to place the spinal instrumentation accurately and perform the decompression procedure. These technological advancements and adoption of novel technologies is increasing in South Africa, which is driving the spinal surgery devices market.
Key Market Trends
Spinal Fusion is Expected to Hold its Highest Market Share in the Device Type Segment
The spinal fusion devices in the market provide conventional, yet effective treatments to patients suffering from lumbar spinal stenosis, along with alternative advanced treatments for decompression spine surgery. The major market players manufacture both anterior and posterior dynamic stabilization devices for the lumbar spine. Moreover, many clinical trials are in the process for further development. This factor is likely to offer various benefits to the market studied.
Competitive Landscape
The South Africa spinal surgery devices market is moderately competitive and consists of several major players. Moreover, with increasing technological advancements and product innovations, mid-size to smaller companies are increasing their market presence by introducing new technologies with better usability.
Reasons to Purchase this report:
- The market estimate (ME) sheet in Excel format.
- 3 months of analyst support.
This product will be delivered within 2 business days.
Table of Contents
1 INTRODUCTION
4 MARKET DYNAMICS
5 MARKET SEGMENTATION
6 COMPETITIVE LANDSCAPE
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Medtronic PLC
- Styker Corporation
- Johnson and Johnson
- Globus Medical Inc.
- Orthofix Holdings Inc.
- Zimmer Biomet Inc.
- Marcus Medical
Methodology
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