[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 |
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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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