Throughout this medical market research, the publisher analyzed 32 minimally invasive spinal implants companies globally and utlized thier comprehensive methodology to understand the Market Sizes, Unit Sales, ASPs, Company Market Shares, and to create accurate forecasts.
While this report suite contains all applicable market data, each of the markets are also available as stand alone reports. This allows you to get access to only the specific market segment research that you need.
Overall, Australia’s spinal implants market was valued at $224 million in 2021. However, this is expected to increase over the forecast period at a CAGR of 2.4% to reach $265 million by 2028.
Currently, the top competitors within Australia’s spinal implants market are DePuy Synthes, Medtronic and Stryker. DePuy Synthes was the leading competitor in the spinal implant market in Australia.
The largest market segment in Australia in 2021 was thoracolumbar fixation. The thoracolumbar market will continue to see cannibalization of single-level unit sales from the motion preservation segment, which will continue to cannibalize this market share. Additionally, one major driver of the Australia market in 2021 is favorable reimbursement. Instrumented spinal fusions have long been considered the standard of care for spinal implant surgery. Insurance providers recognize the long-term history of spinal fusions as well as their medical necessity.
While this report suite contains all applicable market data, each of the markets are also available as stand alone reports. This allows you to get access to only the specific market segment research that you need.
Report Segmentation:
- Procedure Numbers for Spinal Implants and VCF - Includes: Cervical Fixation Procedures, Thoracolumbar Fixation Procedures, Interbody Device Procedures, Motion Preservation Procedures, Vertebral Compression Fracture Procedures, Spinal Electrical Stimulation Device Procedures
- Cervical Fixation Market - Further Segmented Into: Anterior Cervical Fixation Market, Posterior Cervical Fixation Market
- Thoracolumbar Fixation Market - Further Segmented Into: Degenerative Thoracolumbar Fixation Market, Deformity Correction Thoracolumbar Fixation Market, Trauma/Tumor Thoracolumbar Fixation Market
- Interbody Device Market - Further Segmented Into: ALIF Market, PLIF Market, TLIF Market, and CIF Market, VBR/Corpectomy Market, Expandable Interbody Device Market, Standalone Interbody Device Market
- Motion Preservation Market - Further Segmented Into: Artificial Disc Market, Dynamic Stabilization Market
- Vertebral Compression Market - Further Segmented Into: Vertebral Compression Fracture Market, Vertebroplasty Market, Percutaneous Vertebral Augmentation Market
- Electrical Stimulation Device Market - Further Segmented Into: Cervical Electrical Stimulation Devices and Lumbar Electrical Stimulation Devices
- Spinal Surgery Instrumentation Market - Includes: Data aggregated for tools not otherwise mentioned in other segments and procedures - for example, scalpels, catheters, rongeurs, clamps, forceps, retractors, and cannula, in addition to other products.
- Neuromonitoring Market - Further Segmented Into: Neuromonitoring Device Market, Neuromonitoring System Market, Neuromonitoring Accessory Market
Overall, Australia’s spinal implants market was valued at $224 million in 2021. However, this is expected to increase over the forecast period at a CAGR of 2.4% to reach $265 million by 2028.
Currently, the top competitors within Australia’s spinal implants market are DePuy Synthes, Medtronic and Stryker. DePuy Synthes was the leading competitor in the spinal implant market in Australia.
The largest market segment in Australia in 2021 was thoracolumbar fixation. The thoracolumbar market will continue to see cannibalization of single-level unit sales from the motion preservation segment, which will continue to cannibalize this market share. Additionally, one major driver of the Australia market in 2021 is favorable reimbursement. Instrumented spinal fusions have long been considered the standard of care for spinal implant surgery. Insurance providers recognize the long-term history of spinal fusions as well as their medical necessity.
Table of Contents
EXECUTIVE SUMMARY
RESEARCH METHODOLOGY
IMPACT OF COVID-19 ON THE AUSTRALIA MINIMALLY INVASIVE SPINAL IMPLANT MARKET
DISEASE OVERVIEW
PRODUCT ASSESSMENT
AUSTRALIA MINIMALLY INVASIVE SPINAL IMPLANT MARKET OVERVIEW
PROCEDURE NUMBERS
MIS INTERBODY DEVICE MARKET
MIS PEDICLE SCREW MARKET
SPINOUS PROCESS FIXATION MARKET
FACET FIXATION MARKET
MIS SI JOINT FUSION MARKET
SPINE ENDOSCOPE MARKET
MIS SURGERY INSTRUMENTATION MARKET
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- A-Spine
- B. Braun
- BOSS Instruments
- Corin Australia
- DePuy Synthes
- Evolution Surgical
- Globus Medical
- Implament
- Innomed
- Joimax
- JOY SURGICAL
- Kailitai Medical
- Karl Storz
- Matrix Medical Innovations
- Medacta
- Medtronic
- NuVasive
- Orthofix
- Orthotech
- Prism Surgical
- Richard Wolf
- Scientx
- Scientx Australia
- SI-BONE
- Signature Orthopaedics
- Spineart
- Stryker
- Surgalign
- Surgical Specialties
- Teleflex
- Xtant Medical
- Zimmer Biomet
