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Interspinous Spacers Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2022 to 2030

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    Report

  • 118 Pages
  • August 2022
  • Region: Global
  • Acute Market Reports
  • ID: 5724536
Description Jump to:

Industry Outlook

Interspinous implants or spacers are proposed for stabilization or distraction of the adjacent lamina or spinous processes and arrest the extension for pain reduction in patients with lumbar spinous stenosis and other such conditions. These are small devices implanted in the spinous processes for providing dynamic stabilization as an alternative to decompressive surgery or following decompressive surgery. High prevalence of degenerative spinal conditions occurring due to aging and the offered advantages such as less risk of infection due to lower blood loss, lesser down time and motion preservation are driving the global market growth for interspinous spacers.

Static spacers for lumbar spinal stenosis treatment to urge the market growth

The global interspinous spacers market is segmented on the basis of product types, applications and geographical demarcation. Based on products, the static (compressible) spacers dominate the global market and shall retain its lead through the forecast period. Evidence suggest that static interspinous spacers are the most cost-effective as against laminectomy in patients with lumbar spinal stenosis. Dynamic (non-compressible) spacers segment shall be progressing at a stable rate due to better therapeutic benefits and lower failure rates.

Among the applications, lumbar spinal stenosis (LSS) is the most prominent area experiencing the largest adoption of interspinous spacers. LSS is the narrowing of the spinal canal and can either be congenital or acquired. With the consistently growing aging population, this condition is more acquired. Conventional treatment for LSS involves posture correction, muscle strengthening, and epidural injections. However, due to degenerative nature of LSS, there is a lack of complete efficacy of conventional treatments, therefore urging the need for surgical intervention. The recent introduction in surgical intervention is the interspinous stabilizers. It is clinically reported that interspinous devices offer simple and cost effective, minimally invasive alternative to standard procedures for the treatment of LSS. The latest generation of interspinous spacers also offer stand-alone functionality, therefore not requiring additional procedures for decompression.

Asia Pacific to witness rapid growth with increasing procedure rates

Geographically, North America is the largest regional market for interspinous spacers. High adoption rate of new technologies and earliest introduction of interspinous spacers in the U.S. market characterize the dominance of North America. Moreover, the U.S. market is also witnessing strong product pipeline with the consequent anticipation of next generation product in the region. On the other hand, Asia Pacific shall be witnessing rapid market growth during the forecast period. Rapidly evolving healthcare infrastructure, growing healthcare expenditure, improving reimbursements and skills of surgeons are the chief attributes of the fast moving Asia Pacific market. Growing geriatric populations in China, Japan and India are also urging significant market movements.

This report also includes company profiles section that gives insights on the company overview, product portfolio, financial information and key developments of major market players. The major players profiled in this report include Medtronic plc, Zimmer Biomet, NuVasive, Inc., Life Spine, Inc., RTI Surgical Holdings, Inc. (Paradigm Spine LLC), Vertiflex, Inc., Globus Medical, Inc., Synthes GmbH (DePuy Synthes), Mikai S.p.A., and Alphatec Spine, Inc.

Historical & Forecast Period

This study report represents analysis of each segment from 2020 to 2030 considering 2021 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2022 to 2030.

The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.

Research Methodology

The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Interspinous Spacers market are as follows:
  • Research and development budgets of manufacturers and government spending
  • Revenues of key companies in the market segment
  • Number of end users and consumption volume, price and value.
  • Geographical revenues generate by countries considered in the report
  • Micro and macro environment factors that are currently influencing the Interspinous Spacers market and their expected impact during the forecast period.
Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.

Market Segmentation

Type

  • Static (compressible) Spacers
  • Dynamic (non-compressible) Spacers

Application

  • Lumbar Spinal Stenosis
  • Grade I Degenerative Spondylolisthesis
  • Discogenic Low Back Pain
  • Others (nontraumatic instability, lumbar disc hernia, facet syndrome)

Key questions answered in this report

  • What are the key micro and macro environmental factors that are impacting the growth of Interspinous Spacers market?
  • What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
  • Estimated forecast and market projections up to 2030.
  • Which segment accounts for the fastest CAGR during the forecast period?
  • Which market segment holds a larger market share and why?
  • Are low and middle-income economies investing in the Interspinous Spacers market?
  • Which is the largest regional market for Interspinous Spacers market?
  • What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
  • Which are the key trends driving Interspinous Spacers market growth?
  • Who are the key competitors and what are their key strategies to enhance their market presence in the Interspinous Spacers market worldwide?


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Table of Contents

1. Preface
1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. Key Offerings
1.2. Market Segmentation
1.3. Research Methodology
1.3.1. Phase I - Secondary Research
1.3.2. Phase II - Primary Research
1.3.3. Phase III - Expert Panel Review
1.3.4. Assumptions
1.3.5. Approach Adopted

2. Executive Summary
2.1. Market Snapshot: Global Interspinous Spacers Market
2.2. Global Interspinous Spacers Market, By Type, 2021 (US$ Million)
2.3. Global Interspinous Spacers Market, By Application, 2021 (US$ Million)
2.4. Global Interspinous Spacers Market, By Geography, 2021 (US$ Million)
2.5. Attractive Investment Proposition by Geography, 2021

3. Interspinous Spacers Market: Competitive Analysis
3.1. Market Positioning of Key Interspinous Spacers Market Vendors
3.2. Strategies Adopted by Interspinous Spacers Market Vendors
3.3. Key Industry Strategies
3.4. Tier Analysis 2021 Versus 2030

4. Interspinous Spacers Market: Macro Analysis & Market Dynamics
4.1. Introduction
4.2. Global Interspinous Spacers Market Value, 2020 - 2030, (US$ Million)
4.3. Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Key Challenges
4.3.4. Key Opportunities
4.4. Impact Analysis of Drivers and Restraints
4.5. See-Saw Analysis

5. Interspinous Spacers Market: By Type, 2020-2030, USD (Million)
5.1. Market Overview
5.2. Growth & Revenue Analysis: 2021 Versus 2030
5.3. Market Segmentation
5.3.1. Static (compressible) Spacers
5.3.2. Dynamic (non-compressible) Spacers

6. Interspinous Spacers Market: By Application, 2020-2030, USD (Million)
6.1. Market Overview
6.2. Growth & Revenue Analysis: 2021 Versus 2030
6.3. Market Segmentation
6.3.1. Lumbar Spinal Stenosis
6.3.2. Grade I Degenerative Spondylolisthesis
6.3.3. Discogenic Low Back Pain
6.3.4. Others (nontraumatic instability, lumbar disc hernia, facet syndrome)

7. North America Interspinous Spacers Market, 2020-2030, USD (Million)
7.1. Market Overview
7.2. Interspinous Spacers Market: By Type, 2020-2030, USD (Million)
7.3. Interspinous Spacers Market: By Application, 2020-2030, USD (Million)
7.4.Interspinous Spacers Market: By Region, 2020-2030, USD (Million)
7.4.1.North America
7.4.1.1. U.S.
7.4.1.1.1. Interspinous Spacers Market: By Type, 2020-2030, USD (Million)
7.4.1.1.1. Interspinous Spacers Market: By Application, 2020-2030, USD (Million)
7.4.1.2. Canada
7.4.1.2.1. Interspinous Spacers Market: By Type, 2020-2030, USD (Million)
7.4.1.2.1. Interspinous Spacers Market: By Application, 2020-2030, USD (Million)
7.4.1.3. Rest of North America
7.4.1.3.1. Interspinous Spacers Market: By Type, 2020-2030, USD (Million)
7.4.1.3.1. Interspinous Spacers Market: By Application, 2020-2030, USD (Million)

8. UK and European Union Interspinous Spacers Market, 2020-2030, USD (Million)
8.1. Market Overview
8.2. Interspinous Spacers Market: By Type, 2020-2030, USD (Million)
8.3. Interspinous Spacers Market: By Application, 2020-2030, USD (Million)
8.4.Interspinous Spacers Market: By Region, 2020-2030, USD (Million)
8.4.1.UK and European Union
8.4.1.1. UK
8.4.1.1.1. Interspinous Spacers Market: By Type, 2020-2030, USD (Million)
8.4.1.1.1. Interspinous Spacers Market: By Application, 2020-2030, USD (Million)
8.4.1.2. Germany
8.4.1.2.1. Interspinous Spacers Market: By Type, 2020-2030, USD (Million)
8.4.1.2.1. Interspinous Spacers Market: By Application, 2020-2030, USD (Million)
8.4.1.3. Spain
8.4.1.3.1. Interspinous Spacers Market: By Type, 2020-2030, USD (Million)
8.4.1.3.1. Interspinous Spacers Market: By Application, 2020-2030, USD (Million)
8.4.1.4. Italy
8.4.1.4.1. Interspinous Spacers Market: By Type, 2020-2030, USD (Million)
8.4.1.4.1. Interspinous Spacers Market: By Application, 2020-2030, USD (Million)
8.4.1.5. France
8.4.1.5.1. Interspinous Spacers Market: By Type, 2020-2030, USD (Million)
8.4.1.5.1. Interspinous Spacers Market: By Application, 2020-2030, USD (Million)
8.4.1.6. Rest of Europe
8.4.1.6.1. Interspinous Spacers Market: By Type, 2020-2030, USD (Million)
8.4.1.6.1. Interspinous Spacers Market: By Application, 2020-2030, USD (Million)

9. Asia Pacific Interspinous Spacers Market, 2020-2030, USD (Million)
9.1. Market Overview
9.2. Interspinous Spacers Market: By Type, 2020-2030, USD (Million)
9.3. Interspinous Spacers Market: By Application, 2020-2030, USD (Million)
9.4.Interspinous Spacers Market: By Region, 2020-2030, USD (Million)
9.4.1.Asia Pacific
9.4.1.1. China
9.4.1.1.1. Interspinous Spacers Market: By Type, 2020-2030, USD (Million)
9.4.1.1.1. Interspinous Spacers Market: By Application, 2020-2030, USD (Million)
9.4.1.2. Japan
9.4.1.2.1. Interspinous Spacers Market: By Type, 2020-2030, USD (Million)
9.4.1.2.1. Interspinous Spacers Market: By Application, 2020-2030, USD (Million)
9.4.1.3. India
9.4.1.3.1. Interspinous Spacers Market: By Type, 2020-2030, USD (Million)
9.4.1.3.1. Interspinous Spacers Market: By Application, 2020-2030, USD (Million)
9.4.1.4. Australia
9.4.1.4.1. Interspinous Spacers Market: By Type, 2020-2030, USD (Million)
9.4.1.4.1. Interspinous Spacers Market: By Application, 2020-2030, USD (Million)
9.4.1.5. South Korea
9.4.1.5.1. Interspinous Spacers Market: By Type, 2020-2030, USD (Million)
9.4.1.5.1. Interspinous Spacers Market: By Application, 2020-2030, USD (Million)
9.4.1.6. Rest of Asia Pacific
9.4.1.6.1. Interspinous Spacers Market: By Type, 2020-2030, USD (Million)
9.4.1.6.1. Interspinous Spacers Market: By Application, 2020-2030, USD (Million)

10. Latin America Interspinous Spacers Market, 2020-2030, USD (Million)
10.1. Market Overview
10.2. Interspinous Spacers Market: By Type, 2020-2030, USD (Million)
10.3. Interspinous Spacers Market: By Application, 2020-2030, USD (Million)
10.4.Interspinous Spacers Market: By Region, 2020-2030, USD (Million)
10.4.1.Latin America
10.4.1.1. Brazil
10.4.1.1.1. Interspinous Spacers Market: By Type, 2020-2030, USD (Million)
10.4.1.1.1. Interspinous Spacers Market: By Application, 2020-2030, USD (Million)
10.4.1.2. Mexico
10.4.1.2.1. Interspinous Spacers Market: By Type, 2020-2030, USD (Million)
10.4.1.2.1. Interspinous Spacers Market: By Application, 2020-2030, USD (Million)
10.4.1.3. Rest of Latin America
10.4.1.3.1. Interspinous Spacers Market: By Type, 2020-2030, USD (Million)
10.4.1.3.1. Interspinous Spacers Market: By Application, 2020-2030, USD (Million)

11. Middle East and Africa Interspinous Spacers Market, 2020-2030, USD (Million)
11.1. Market Overview
11.2. Interspinous Spacers Market: By Type, 2020-2030, USD (Million)
11.3. Interspinous Spacers Market: By Application, 2020-2030, USD (Million)
11.4.Interspinous Spacers Market: By Region, 2020-2030, USD (Million)
11.4.1.Middle East and Africa
11.4.1.1. GCC
11.4.1.1.1. Interspinous Spacers Market: By Type, 2020-2030, USD (Million)
11.4.1.1.1. Interspinous Spacers Market: By Application, 2020-2030, USD (Million)
11.4.1.2. Africa
11.4.1.2.1. Interspinous Spacers Market: By Type, 2020-2030, USD (Million)
11.4.1.2.1. Interspinous Spacers Market: By Application, 2020-2030, USD (Million)
11.4.1.3. Rest of Middle East and Africa
11.4.1.3.1. Interspinous Spacers Market: By Type, 2020-2030, USD (Million)
11.4.1.3.1. Interspinous Spacers Market: By Application, 2020-2030, USD (Million)

12. Company Profile
12.1. Medtronic plc
12.1.1. Company Overview
12.1.2. Financial Performance
12.1.3. Product Portfolio
12.1.4. Strategic Initiatives
12.2. Zimmer Biomet
12.2.1. Company Overview
12.2.2. Financial Performance
12.2.3. Product Portfolio
12.2.4. Strategic Initiatives
12.3. NuVasive, Inc.
12.3.1. Company Overview
12.3.2. Financial Performance
12.3.3. Product Portfolio
12.3.4. Strategic Initiatives
12.4. Life Spine, Inc.
12.4.1. Company Overview
12.4.2. Financial Performance
12.4.3. Product Portfolio
12.4.4. Strategic Initiatives
12.5. RTI Surgical Holdings, Inc. (Paradigm Spine LLC)
12.5.1. Company Overview
12.5.2. Financial Performance
12.5.3. Product Portfolio
12.5.4. Strategic Initiatives
12.6. Vertiflex, Inc.
12.6.1. Company Overview
12.6.2. Financial Performance
12.6.3. Product Portfolio
12.6.4. Strategic Initiatives
12.7. Globus Medical, Inc.
12.7.1. Company Overview
12.7.2. Financial Performance
12.7.3. Product Portfolio
12.7.4. Strategic Initiatives
12.8. Synthes GmbH (DePuy Synthes)
12.8.1. Company Overview
12.8.2. Financial Performance
12.8.3. Product Portfolio
12.8.4. Strategic Initiatives
12.9. Mikai S.p.A.
12.9.1. Company Overview
12.9.2. Financial Performance
12.9.3. Product Portfolio
12.9.4. Strategic Initiatives
12.10. Alphatec Spine, Inc.
12.10.1. Company Overview
12.10.2. Financial Performance
12.10.3. Product Portfolio
12.10.4. Strategic Initiatives

List of Figures
Figure 1 Global Interspinous Spacers Market: Market Coverage
Figure 2 Research Methodology and Data Sources
Figure 3 Market Size Estimation - Top Down & Bottom-Up Approach
Figure 4 Global Interspinous Spacers Market: Quality Assurance
Figure 5 Global Interspinous Spacers Market, By Type, 2021
Figure 6 Global Interspinous Spacers Market, By Application, 2021
Figure 7 Global Interspinous Spacers Market, By Geography, 2021
Figure 8 Market Geographical Opportunity Matrix - Global Interspinous Spacers Market, 2021
Figure 9 Market Positioning of Key Interspinous Spacers Market Players, 2021
Figure 10 Global Interspinous Spacers Market - Tier Analysis - Percentage of Revenues by Tier Level, 2021 Versus 2030
Figure 11 Global Interspinous Spacers Market, By Type, 2021 Vs 2030, %
Figure 12 Global Interspinous Spacers Market, By Application, 2021 Vs 2030, %
Figure 13 U.S. Interspinous Spacers Market (US$ Million), 2020 - 2030
Figure 14 Canada Interspinous Spacers Market (US$ Million), 2020 - 2030
Figure 15 Rest of North America Interspinous Spacers Market (US$ Million), 2020 - 2030
Figure 16 UK Interspinous Spacers Market (US$ Million), 2020 - 2030
Figure 17 Germany Interspinous Spacers Market (US$ Million), 2020 - 2030
Figure 18 Spain Interspinous Spacers Market (US$ Million), 2020 - 2030
Figure 19 Italy Interspinous Spacers Market (US$ Million), 2020 - 2030
Figure 20 France Interspinous Spacers Market (US$ Million), 2020 - 2030
Figure 21 Rest of Europe Interspinous Spacers Market (US$ Million), 2020 - 2030
Figure 22 China Interspinous Spacers Market (US$ Million), 2020 - 2030
Figure 23 Japan Interspinous Spacers Market (US$ Million), 2020 - 2030
Figure 24 India Interspinous Spacers Market (US$ Million), 2020 - 2030
Figure 25 Australia Interspinous Spacers Market (US$ Million), 2020 - 2030
Figure 26 South Korea Interspinous Spacers Market (US$ Million), 2020 - 2030
Figure 27 Rest of Asia Interspinous Spacers Market (US$ Million), 2020 - 2030
Figure 28 Brazil Interspinous Spacers Market (US$ Million), 2020 - 2030
Figure 29 Mexico Interspinous Spacers Market (US$ Million), 2020 - 2030
Figure 30 Rest of Latin America Interspinous Spacers Market (US$ Million), 2020 - 2030
Figure 31 GCC Interspinous Spacers Market (US$ Million), 2020 - 2030
Figure 32 Africa Interspinous Spacers Market (US$ Million), 2020 - 2030
Figure 33 Rest of Middle East and Africa Interspinous Spacers Market (US$ Million), 2020 - 2030

List of Tables
Table 1 Global Interspinous Spacers Market By Type, 2020-2030, USD (Million)
Table 2 Global Interspinous Spacers Market By Application, 2020-2030, USD (Million)
Table 3 North America Interspinous Spacers Market By Type, 2020-2030, USD (Million)
Table 4 North America Interspinous Spacers Market By Application, 2020-2030, USD (Million)
Table 5 U.S. Interspinous Spacers Market By Type, 2020-2030, USD (Million)
Table 6 U.S. Interspinous Spacers Market By Application, 2020-2030, USD (Million)
Table 7 Canada Interspinous Spacers Market By Type, 2020-2030, USD (Million)
Table 8 Canada Interspinous Spacers Market By Application, 2020-2030, USD (Million)
Table 9 Rest of North America Interspinous Spacers Market By Type, 2020-2030, USD (Million)
Table 10 Rest of North America Interspinous Spacers Market By Application, 2020-2030, USD (Million)
Table 11 UK and European Union Interspinous Spacers Market By Type, 2020-2030, USD (Million)
Table 12 UK and European Union Interspinous Spacers Market By Application, 2020-2030, USD (Million)
Table 13 UK Interspinous Spacers Market By Type, 2020-2030, USD (Million)
Table 14 UK Interspinous Spacers Market By Application, 2020-2030, USD (Million)
Table 15 Germany Interspinous Spacers Market By Type, 2020-2030, USD (Million)
Table 16 Germany Interspinous Spacers Market By Application, 2020-2030, USD (Million)
Table 17 Spain Interspinous Spacers Market By Type, 2020-2030, USD (Million)
Table 18 Spain Interspinous Spacers Market By Application, 2020-2030, USD (Million)
Table 19 Italy Interspinous Spacers Market By Type, 2020-2030, USD (Million)
Table 20 Italy Interspinous Spacers Market By Application, 2020-2030, USD (Million)
Table 21 France Interspinous Spacers Market By Type, 2020-2030, USD (Million)
Table 22 France Interspinous Spacers Market By Application, 2020-2030, USD (Million)
Table 23 Rest of Europe Interspinous Spacers Market By Type, 2020-2030, USD (Million)
Table 24 Rest of Europe Interspinous Spacers Market By Application, 2020-2030, USD (Million)
Table 25 Asia Interspinous Spacers Market By Type, 2020-2030, USD (Million)
Table 26 Asia Interspinous Spacers Market By Application, 2020-2030, USD (Million)
Table 27 China Interspinous Spacers Market By Type, 2020-2030, USD (Million)
Table 28 China Interspinous Spacers Market By Application, 2020-2030, USD (Million)
Table 29 Japan Interspinous Spacers Market By Type, 2020-2030, USD (Million)
Table 30 Japan Interspinous Spacers Market By Application, 2020-2030, USD (Million)
Table 31 India Interspinous Spacers Market By Type, 2020-2030, USD (Million)
Table 32 India Interspinous Spacers Market By Application, 2020-2030, USD (Million)
Table 33 Australia Interspinous Spacers Market By Type, 2020-2030, USD (Million)
Table 34 Australia Interspinous Spacers Market By Application, 2020-2030, USD (Million)
Table 35 South Korea Interspinous Spacers Market By Type, 2020-2030, USD (Million)
Table 36 South Korea Interspinous Spacers Market By Application, 2020-2030, USD (Million)
Table 37 Latin America Interspinous Spacers Market By Type, 2020-2030, USD (Million)
Table 38 Latin America Interspinous Spacers Market By Application, 2020-2030, USD (Million)
Table 39 Brazil Interspinous Spacers Market By Type, 2020-2030, USD (Million)
Table 40 Brazil Interspinous Spacers Market By Application, 2020-2030, USD (Million)
Table 41 Mexico Interspinous Spacers Market By Type, 2020-2030, USD (Million)
Table 42 Mexico Interspinous Spacers Market By Application, 2020-2030, USD (Million)
Table 43 Rest of Latin America Interspinous Spacers Market By Type, 2020-2030, USD (Million)
Table 44 Rest of Latin America Interspinous Spacers Market By Application, 2020-2030, USD (Million)
Table 45 Middle East and Africa Interspinous Spacers Market By Type, 2020-2030, USD (Million)
Table 46 Middle East and Africa Interspinous Spacers Market By Application, 2020-2030, USD (Million)
Table 47 GCC Interspinous Spacers Market By Type, 2020-2030, USD (Million)
Table 48 GCC Interspinous Spacers Market By Application, 2020-2030, USD (Million)
Table 49 Africa Interspinous Spacers Market By Type, 2020-2030, USD (Million)
Table 50 Africa Interspinous Spacers Market By Application, 2020-2030, USD (Million)
Table 51 Rest of Middle East and Africa Interspinous Spacers Market By Type, 2020-2030, USD (Million)
Table 52 Rest of Middle East and Africa Interspinous Spacers Market By Application, 2020-2030, USD (Million)

Companies Mentioned

  • Medtronic plc
  • Zimmer Biomet
  • NuVasive Inc.
  • Life Spine Inc.
  • RTI Surgical Holdings Inc. (Paradigm Spine LLC)
  • Vertiflex Inc.
  • Globus Medical Inc.
  • Synthes GmbH (DePuy Synthes)
  • Mikai S.p.A.
  • Alphatec Spine Inc.

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