- In January 2024, Accelus, a U.S.-based medical technology company, introduced the Linesider Modular-Cortical System, aimed at enhancing the precision and efficiency of spinal implant surgeries. This innovative system facilitates the early insertion of screw shanks during procedures and offers the versatility to customize the surgical construct using modular tulips and rods. Its design accommodates a range of surgical techniques in both cortical and open modular configurations
- In April 2024, Proprio announced a multi-phase collaboration with the Biedermann Group, a leader in advanced spinal procedural solutions and implant systems. This partnership seeks to integrate Biedermann's innovative spinal implants with Proprio's Paradigm system, which employs artificial intelligence, computer vision, and augmented reality to provide outstanding real-time visualization and guidance during surgical procedures. The collaboration aims to enhance surgical outcomes through the combined expertise of both companies
- In October 2023, Johnson & Johnson MedTech revealed that DePuy Synthes, its orthopedic division, received 510(k) clearances from the U.S. FDA for the TriALTIS Spine System and TriALTIS Navigation Enabled Instruments. The TriALTIS Spine System features a cutting-edge array of pedicle screws specifically designed for the posterior thoracolumbar region, providing a diverse selection of implants and advanced instrumentation. This clearance marks a significant advancement in the options available for spinal surgery
- In September 2023, Silony Medical International AG completed the acquisition of Centinel Spine’s Global Fusion Business. This strategic acquisition merged Silony’s posterior screw and rod fusion systems with Centinel Spine’s Fusion Products, which include cervical stand-alone cages, lateral stand-alone cages, anterior cervical plates, and ALIF devices. As a result, Silony enhanced its technological capabilities and expanded its geographic reach, allowing the company to provide a comprehensive array of spinal fusion solutions for both open and minimally invasive procedures
- In January 2023, Companion Spine announced its acquisition of Backbone SAS, significantly enhancing its medical implant solutions portfolio. The addition of Backbone's LISA implant allows Companion Spine to offer a comprehensive range of therapies for spinal disorders, including lumbar stenosis and degenerative disc disease. This strategic move enables the company to tailor its implants to align with the severity of various spinal conditions, improving treatment options for patients
Frequently Asked Questions
The market is segmented based on Global Spinal Implants Market Segmentation, By Procedure (Open Surgery, Minimally Invasive Surgery, and Others), Product Type (Artificial Discs, Dynamic Stabilization Devices, Spinal Fusion Implants, Plates, and Cages), Application (Cervical, Thoracic, and Lumber), Material (Stainless Steel, Titanium, Cobalt Chrome, and Polyetheretherketone (PEEK), Indication (Spinal Trauma and Deformity), Configuration (Spinal Fusion Devices, Non-Fusion Devices/Motion Preservation Devices, Vertebral Compression Fracture (VCF) Treatment Devices, Spinal Bone Stimulators, and Spine Biologics) – Industry Trends and Forecast to 2031
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The Global Spinal Implants And Spinal Devices Market size was valued at USD 10.60 USD Billion in 2023.
The Global Spinal Implants And Spinal Devices Market is projected to grow at a CAGR of 6.75% during the forecast period of 2024 to 2031.
The major players operating in the market include , Medtronic , Zimmer Biomet , Alphatec Spine , RTI Surgical , Stryker , Orthofix US LLC , NuVasive , Globus Medical , Aesculap , Apollo Hospitals Enterprise , Centinel Spine LLC , Premia Spine , Exactech , Lumitex LLC , Life Spine , Integra LifeSciences .
The market report covers data from the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America..
