[342 Pages Report] The global motion preservation devices market is forecasted to be valued at US$ 3.0 million by 2032, up from US$ 1.7 million in 2022, advancing at a CAGR of 5.3% during the forecast period.
Report Attribute | Details |
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Motion Preservation Devices Market Value (2022) | US$ 1.7 Million |
Motion Preservation Devices Market Anticipated Value (2032) | US$ 3.0 Million |
Motion Preservation Devices Projected Growth Rate (2022-2032) | 5.3% |
Motion preservation devices are used for treating disorders related to the spine, which maintain alignment and restore the spine motions.
The demand for motion preservation devices is increasing as they maintain normal or near-normal motion to prevent adverse outcomes seen in spinal fusion.
Moreover, motion preservation devices are minimally invasive in nature, and it preserves or re-establishes normal motion of the spine. Pinal disorders are most common in the geriatric population, and due to aging, there are structural changes in the spine, which is creating traction for the adoption of motion preservation devices and fueling the market growth for motion preservation devices.
The market growth can be attributed to factors such as the increasing number of arthroplasty procedures along with the rising incidence of trauma resulting in joint fracture. It is anticipated that the motion preservation devices market is likely to witness a significant growth during the forecast period.
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The preference for minimally invasive spine surgery over traditional open surge treatment procedures is driving the demand for motion Preservation devices globally.
Moreover, there is a very low cost involved in minimally invasive surgical procedures as compared to the previous traditional means of surgeries. There is also a rise in the geriatric population, which is fueling the growth of the global motion Preservation devices market.
In addition to that, an increase in technological advancement and development in bone graft products will boost the overall market for motion preservation devices. Due to the increase in popularity, other motion preservation products will have a significant portion of the motion preservation devices market.
It is projected that artificial disc replacement devices dominate the market due to the adoption of the same, and motion Preservation surgeries help in restoring motion that is leading to increased adoption of surgical procedures.
Furthermore, the main purpose of motion preservation devices is to provide better treatment than spine fusion with pain for the patient and loss of function caused in spines such as lumbar spinal stenosis, degenerative disc disease, and facet pain, therefore, the motion preservation devices market is gaining traction globally.
On the other hand, incidences of diseases such as spinal disorders & neurological disorders and advancements in surgical techniques create new opportunities in the coming years.
It is anticipated that the motion Preservation devices involve expensive implants and the high procedure cost associated with the plantation is likely to restrain the growth of the motion preservation devices market.
Furthermore, there are stringent regulatory approvals and unfavorable reimbursement scenarios, which is likely to inhibit the growth of the motion preservation devices market.
At present, the North American region is accountable for 33.1% of the total motion preservation devices market share.
Due to the adoption of several motion preservation techniques and the usage of cervical artificial disc replacement which allows for decompression of the spinal cord and nerve roots and maintains natural movement in the neck that is usually indicated for patients with stenosis and disc herniation, the market demand is being driven in North America.
Additionally, lumbar artificial disc replacement in this region for spine disorder patients is allowing the decomposition of the nerve roots and spinal canal and is maintaining the natural movement of the back for the geriatric population, fuelling the market size of motion Preservation devices.
Europe is currently accountable for a 29.1% share of the total motion Preservation devices market.
In this region, there is an increase in preference for motion Preservation devices. This is due to the presence of major companies and vendors that have focused on product development to serve dual procedures and mitigation of the disability rate caused by spinal injuries.
The start-up ecosystem in the motion Preservation devices market is intense with frequent innovations being made. Start-ups in the motion Preservation devices market are focusing on improvising the devices for better implementation in surgical procedures.
ZygoFix develops a miniature implant that achieves spinal fusion and stability without screws. The medical device is called zLOCK and its unique design allows it to adjust to the joint’s natural geometry and provide stabilization. The zLOCK is made from rigid titanium with a porous texture and the minimal invasiveness required to place the implant is yet another essential benefit. Some of the other start-ups include TracInnovations, ABLE, and other.
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Some of the key players in the Motion Preservation Devices Market are HPI Implants, Paradigm Spine, RTI Surgical, Inc., B. Braun Melsungen AG, Depuy Synthes, Globus Medical, Inc, Spinal Kinetics, Zimmer Biomet Holdings, Inc., Ulrich GmbH & Co. KG.
The key market players have adopted product development strategies such as approvals, product launches, and clinical trials. Constant efforts are being made in improvising the techniques of surgical procedures.
Report Attribute | Details |
---|---|
Growth Rate | CAGR of 5.3% from 2022 to 2032 |
Base Year for Estimation | 2021 |
Historical Data | 2016-2021 |
Forecast Period | 2022-2032 |
Quantitative Units | Revenue in USD million and CAGR from 2022-2032 |
Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis |
Segments Covered |
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Regions Covered |
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Key Countries Profiled |
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Key Companies Profiled |
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Customization | Available Upon Request |
The growth outlook for the motion preservation devices market is predicted to advance at a CAGR of 5.3% from 2022-to 2032.
The North American region is anticipated to lead the motion preservation devices market during the forecast period.
The motion preservation devices market is likely to hold a valuation of US$ 2439.0 million by 2032.
The hospital & healthcare industry sector is the key driver in the motion preservation devices market.
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Scenario Forecast
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
3.3. Opportunity Map Analysis
3.4. Investment Feasibility Matrix
3.5. PESTLE and Porter’s Analysis
3.6. Regulatory Landscape
3.6.1. By Key Regions
3.6.2. By Key Countries
3.7. Regional Parent Market Outlook
4. Global Market Analysis 2017-2021 and Forecast, 2022-2032
4.1. Historical Market Size Value (US$ Mn) & Volume (Units) Analysis, 2017-2021
4.2. Current and Future Market Size Value (US$ Mn) & Volume (Units) Projections, 2022-2032
4.2.1. Y-o-Y Growth Trend Analysis
4.2.2. Absolute $ Opportunity Analysis
5. Global Market Analysis 2017-2021 and Forecast 2022-2032, By Product type
5.1. Introduction / Key Findings
5.2. Historical Market Size Value (US$ Mn) & Volume (Units) Analysis By Product type, 2017-2021
5.3. Current and Future Market Size Value (US$ Mn) & Volume (Units) Analysis and Forecast By Product type, 2022-2032
5.3.1. Total disc replacement
5.3.2. Posterior dynamic devices
5.3.3. Facet replacement
5.3.4. Prosthetic nucleus replacement
5.4. Y-o-Y Growth Trend Analysis By Product type, 2017-2021
5.5. Absolute $ Opportunity Analysis By Product type, 2022-2032
6. Global Market Analysis 2017-2021 and Forecast 2022-2032, By Surgery
6.1. Introduction / Key Findings
6.2. Historical Market Size Value (US$ Mn) & Volume (Units) Analysis By Surgery, 2017-2021
6.3. Current and Future Market Size Value (US$ Mn) & Volume (Units) Analysis and Forecast By Surgery, 2022-2032
6.3.1. Minimally invasive spine surgery
6.3.2. Open surgery
6.4. Y-o-Y Growth Trend Analysis By Surgery, 2017-2021
6.5. Absolute $ Opportunity Analysis By Surgery, 2022-2032
7. Global Market Analysis 2017-2021 and Forecast 2022-2032, By End user
7.1. Introduction / Key Findings
7.2. Historical Market Size Value (US$ Mn) & Volume (Units) Analysis By End user, 2017-2021
7.3. Current and Future Market Size Value (US$ Mn) & Volume (Units) Analysis and Forecast By End user, 2022-2032
7.3.1. Hospitals
7.3.2. Orthopedics clinics
7.3.3. Ambulatory surgical centers
7.3.4. Specialty clinics
7.4. Y-o-Y Growth Trend Analysis By End user, 2017-2021
7.5. Absolute $ Opportunity Analysis By End user, 2022-2032
8. Global Market Analysis 2017-2021 and Forecast 2022-2032, By Region
8.1. Introduction
8.2. Historical Market Size Value (US$ Mn) & Volume (Units) Analysis By Region, 2017-2021
8.3. Current Market Size Value (US$ Mn) & Volume (Units) Analysis and Forecast By Region, 2022-2032
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. MEA
8.4. Market Attractiveness Analysis By Region
9. North America Market Analysis 2017-2021 and Forecast 2022-2032, By Country
9.1. Historical Market Size Value (US$ Mn) & Volume (Units) Trend Analysis By Market Taxonomy, 2017-2021
9.2. Market Size Value (US$ Mn) & Volume (Units) Forecast By Market Taxonomy, 2022-2032
9.2.1. By Country
9.2.1.1. U.S.
9.2.1.2. Canada
9.2.2. By Product type
9.2.3. By Surgery
9.2.4. By End user
9.3. Market Attractiveness Analysis
9.3.1. By Country
9.3.2. By Product type
9.3.3. By Surgery
9.3.4. By End user
9.4. Key Takeaways
10. Latin America Market Analysis 2017-2021 and Forecast 2022-2032, By Country
10.1. Historical Market Size Value (US$ Mn) & Volume (Units) Trend Analysis By Market Taxonomy, 2017-2021
10.2. Market Size Value (US$ Mn) & Volume (Units) Forecast By Market Taxonomy, 2022-2032
10.2.1. By Country
10.2.1.1. Brazil
10.2.1.2. Mexico
10.2.1.3. Rest of Latin America
10.2.2. By Product type
10.2.3. By Surgery
10.2.4. By End user
10.3. Market Attractiveness Analysis
10.3.1. By Country
10.3.2. By Product type
10.3.3. By Surgery
10.3.4. By End user
10.4. Key Takeaways
11. Europe Market Analysis 2017-2021 and Forecast 2022-2032, By Country
11.1. Historical Market Size Value (US$ Mn) & Volume (Units) Trend Analysis By Market Taxonomy, 2017-2021
11.2. Market Size Value (US$ Mn) & Volume (Units) Forecast By Market Taxonomy, 2022-2032
11.2.1. By Country
11.2.1.1. Germany
11.2.1.2. U.K.
11.2.1.3. France
11.2.1.4. Spain
11.2.1.5. Italy
11.2.1.6. Rest of Europe
11.2.2. By Product type
11.2.3. By Surgery
11.2.4. By End user
11.3. Market Attractiveness Analysis
11.3.1. By Country
11.3.2. By Product type
11.3.3. By Surgery
11.3.4. By End user
11.4. Key Takeaways
12. Asia Pacific Market Analysis 2017-2021 and Forecast 2022-2032, By Country
12.1. Historical Market Size Value (US$ Mn) & Volume (Units) Trend Analysis By Market Taxonomy, 2017-2021
12.2. Market Size Value (US$ Mn) & Volume (Units) Forecast By Market Taxonomy, 2022-2032
12.2.1. By Country
12.2.1.1. China
12.2.1.2. Japan
12.2.1.3. South Korea
12.2.1.4. Malaysia
12.2.1.5. Singapore
12.2.1.6. Australia
12.2.1.7. Rest of Asia Pacific
12.2.2. By Product type
12.2.3. By Surgery
12.2.4. By End user
12.3. Market Attractiveness Analysis
12.3.1. By Country
12.3.2. By Product type
12.3.3. By Surgery
12.3.4. By End user
12.4. Key Takeaways
13. MEA Market Analysis 2017-2021 and Forecast 2022-2032, By Country
13.1. Historical Market Size Value (US$ Mn) & Volume (Units) Trend Analysis By Market Taxonomy, 2017-2021
13.2. Market Size Value (US$ Mn) & Volume (Units) Forecast By Market Taxonomy, 2022-2032
13.2.1. By Country
13.2.1.1. GCC Countries
13.2.1.2. South Africa
13.2.1.3. Israel
13.2.1.4. Rest of MEA
13.2.2. By Product type
13.2.3. By Surgery
13.2.4. By End user
13.3. Market Attractiveness Analysis
13.3.1. By Country
13.3.2. By Product type
13.3.3. By Surgery
13.3.4. By End user
13.4. Key Takeaways
14. Key Countries Market Analysis
14.1. U.K.
14.1.1. Pricing Analysis
14.1.2. Market Share Analysis, 2021
14.1.2.1. By Product type
14.1.2.2. By Surgery
14.1.2.3. By End user
14.2. Canada
14.2.1. Pricing Analysis
14.2.2. Market Share Analysis, 2021
14.2.2.1. By Product type
14.2.2.2. By Surgery
14.2.2.3. By End user
14.3. Brazil
14.3.1. Pricing Analysis
14.3.2. Market Share Analysis, 2021
14.3.2.1. By Product type
14.3.2.2. By Surgery
14.3.2.3. By End user
14.4. Mexico
14.4.1. Pricing Analysis
14.4.2. Market Share Analysis, 2021
14.4.2.1. By Product type
14.4.2.2. By Surgery
14.4.2.3. By End user
14.5. Rest of Latin America
14.5.1. Pricing Analysis
14.5.2. Market Share Analysis, 2021
14.5.2.1. By Product type
14.5.2.2. By Surgery
14.5.2.3. By End user
14.6. Germany
14.6.1. Pricing Analysis
14.6.2. Market Share Analysis, 2021
14.6.2.1. By Product type
14.6.2.2. By Surgery
14.6.2.3. By End user
14.7. U.K.
14.7.1. Pricing Analysis
14.7.2. Market Share Analysis, 2021
14.7.2.1. By Product type
14.7.2.2. By Surgery
14.7.2.3. By End user
14.8. France
14.8.1. Pricing Analysis
14.8.2. Market Share Analysis, 2021
14.8.2.1. By Product type
14.8.2.2. By Surgery
14.8.2.3. By End user
14.9. Spain
14.9.1. Pricing Analysis
14.9.2. Market Share Analysis, 2021
14.9.2.1. By Product type
14.9.2.2. By Surgery
14.9.2.3. By End user
14.10. Italy
14.10.1. Pricing Analysis
14.10.2. Market Share Analysis, 2021
14.10.2.1. By Product type
14.10.2.2. By Surgery
14.10.2.3. By End user
14.11. Rest of Europe
14.11.1. Pricing Analysis
14.11.2. Market Share Analysis, 2021
14.11.2.1. By Product type
14.11.2.2. By Surgery
14.11.2.3. By End user
14.12. China
14.12.1. Pricing Analysis
14.12.2. Market Share Analysis, 2021
14.12.2.1. By Product type
14.12.2.2. By Surgery
14.12.2.3. By End user
14.13. Japan
14.13.1. Pricing Analysis
14.13.2. Market Share Analysis, 2021
14.13.2.1. By Product type
14.13.2.2. By Surgery
14.13.2.3. By End user
14.14. South Korea
14.14.1. Pricing Analysis
14.14.2. Market Share Analysis, 2021
14.14.2.1. By Product type
14.14.2.2. By Surgery
14.14.2.3. By End user
14.15. Malaysia
14.15.1. Pricing Analysis
14.15.2. Market Share Analysis, 2021
14.15.2.1. By Product type
14.15.2.2. By Surgery
14.15.2.3. By End user
14.16. Singapore
14.16.1. Pricing Analysis
14.16.2. Market Share Analysis, 2021
14.16.2.1. By Product type
14.16.2.2. By Surgery
14.16.2.3. By End user
14.17. Australia
14.17.1. Pricing Analysis
14.17.2. Market Share Analysis, 2021
14.17.2.1. By Product type
14.17.2.2. By Surgery
14.17.2.3. By End user
14.18. Rest of Asia Pacific
14.18.1. Pricing Analysis
14.18.2. Market Share Analysis, 2021
14.18.2.1. By Product type
14.18.2.2. By Surgery
14.18.2.3. By End user
14.19. GCC Countries
14.19.1. Pricing Analysis
14.19.2. Market Share Analysis, 2021
14.19.2.1. By Product type
14.19.2.2. By Surgery
14.19.2.3. By End user
14.20. South Africa
14.20.1. Pricing Analysis
14.20.2. Market Share Analysis, 2021
14.20.2.1. By Product type
14.20.2.2. By Surgery
14.20.2.3. By End user
14.21. Israel
14.21.1. Pricing Analysis
14.21.2. Market Share Analysis, 2021
14.21.2.1. By Product type
14.21.2.2. By Surgery
14.21.2.3. By End user
14.22. Rest of MEA
14.22.1. Pricing Analysis
14.22.2. Market Share Analysis, 2021
14.22.2.1. By Product type
14.22.2.2. By Surgery
14.22.2.3. By End user
15. Market Structure Analysis
15.1. Competition Dashboard
15.2. Competition Benchmarking
15.3. Market Share Analysis of Top Players
15.3.1. By Regional
15.3.2. By Product type
15.3.3. By Surgery
15.3.4. By End user
16. Competition Analysis
16.1. Competition Deep Dive
16.1.1. HPI Implants
16.1.1.1. Overview
16.1.1.2. Product Portfolio
16.1.1.3. Profitability by Market Segments
16.1.1.4. Sales Footprint
16.1.1.5. Strategy Overview
16.1.1.5.1. Marketing Strategy
16.1.2. Paradigm Spine
16.1.2.1. Overview
16.1.2.2. Product Portfolio
16.1.2.3. Profitability by Market Segments
16.1.2.4. Sales Footprint
16.1.2.5. Strategy Overview
16.1.2.5.1. Marketing Strategy
16.1.3. RTI Surgical, Inc.
16.1.3.1. Overview
16.1.3.2. Product Portfolio
16.1.3.3. Profitability by Market Segments
16.1.3.4. Sales Footprint
16.1.3.5. Strategy Overview
16.1.3.5.1. Marketing Strategy
16.1.4. B. Braun Melsungen AG
16.1.4.1. Overview
16.1.4.2. Product Portfolio
16.1.4.3. Profitability by Market Segments
16.1.4.4. Sales Footprint
16.1.4.5. Strategy Overview
16.1.4.5.1. Marketing Strategy
16.1.5. Depuy Synthes
16.1.5.1. Overview
16.1.5.2. Product Portfolio
16.1.5.3. Profitability by Market Segments
16.1.5.4. Sales Footprint
16.1.5.5. Strategy Overview
16.1.5.5.1. Marketing Strategy
16.1.6. Globus Medical, Inc
16.1.6.1. Overview
16.1.6.2. Product Portfolio
16.1.6.3. Profitability by Market Segments
16.1.6.4. Sales Footprint
16.1.6.5. Strategy Overview
16.1.6.5.1. Marketing Strategy
16.1.7. Spinal Kinetics
16.1.7.1. Overview
16.1.7.2. Product Portfolio
16.1.7.3. Profitability by Market Segments
16.1.7.4. Sales Footprint
16.1.7.5. Strategy Overview
16.1.7.5.1. Marketing Strategy
16.1.8. Zimmer Biomet Holdings, Inc.
16.1.8.1. Overview
16.1.8.2. Product Portfolio
16.1.8.3. Profitability by Market Segments
16.1.8.4. Sales Footprint
16.1.8.5. Strategy Overview
16.1.8.5.1. Marketing Strategy
16.1.9. Ulrich GmbH & Co. KG
16.1.9.1. Overview
16.1.9.2. Product Portfolio
16.1.9.3. Profitability by Market Segments
16.1.9.4. Sales Footprint
16.1.9.5. Strategy Overview
16.1.9.5.1. Marketing Strategy
17. Assumptions & Acronyms Used
18. Research Methodology
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