China Spinal Fusion Market

China Spinal Fusion Market Overview (2022 to 2032)

[250 Pages Report] The China Spinal Fusion Market is expected to register double-digit growth during the forecast period.

There are several aspects impacting medical device technology nowadays and demand for spinal fusion devices is likely to rise due to the favourable reimbursement levels and patients’ choice to undergo surgery with minimally invasive techniques

A number of trends including consolidation, research and developments, and international strategies and alliances are driving the demand for spinal fusion devices in China.

Spinal fusion is one of the most common surgeries suggested for back problems and the increasing spinal fusion surgery volumes in China is expected to foster the sales of spinal fusion devices.

Demand for spinal fusion devices will spike owing to the wide variety of applications catering to patients suffering from a number of conditions such as deformity, scoliosis, disc disease, and fracture.

The increasing adoption rate of minimally invasive spinal surgeries, as well as the rising incidences of obesity and degenerative spinal conditions, are surging the demand for spinal fusion devices in China.

The emerging China spinal fusion market has been experiencing a phase of new product development and technological advancements due to greater demand for spinal fusion devices.

The demand for spinal fusion devices will continue to be fuelled by the adoption of 3D-printed implants.

The use of advanced navigation technology (computer-assisted, image-guidance) in spinal surgical procedures aided the growth of the China spinal fusion market to a considerable extent thereby increasing the sales of spinal fusion devices.

Moreover, the increased adoption of advanced robotics in hospitals and the rising number of surgical procedures are expected to drive up the sales of spinal fusion devices in China in the coming years.

Surgeons can now place spine devices with greater efficiency, accuracy, and precision on account of these new technologies, in turn advancing the China spinal fusion market.

Leading manufacturers are concentrating their efforts on developing cutting-edge spine devices thereby expanding the China spinal fusion market share.

The procedures are highly benefited from the investment in the new technologies and their clinical success which is gaining more and more importance in recent days and causing the China spinal fusion market to grow.

The manufacturing companies are raising their respective China spinal fusion market share with aggressive marketing activities and increased R&D activities.

What Factors Contribute to the China Spinal Fusion Market?

A major factor subsidizing the growth of China's spinal fusion market is the increasing rate of an ageing population with spine-related diseases & related injuries which results in high demand for spinal fusion devices.

Sales of spinal fusion devices are likely to spike owing to the rising incomes of the Chinese populace ensuring the patients’ capability to pay for the treatment.

Demand for spinal fusion devices goes up as the price-sensitive population of China is very responsive to the treatment price that will drip due to the increasing competition in the market, in turn scaling up the sales of spinal fusion devices.

Existing and upcoming advanced technologies and better implant materials are pushing forward the demand for spinal fusion devices, including the younger adult populace and thereby fuelling the China spinal fusion market.

Another factor driving the China spinal fusion market is increased access as the initiatives by the Chinese government facilitate the treatment of a large number of untreated spinal disease patients thereby spiking the sales of spinal fusion devices.

What Factors Hamper the China Spinal Fusion Market?

Demand for spinal fusion devices likely drips despite being a widely used procedure for curing extremely debilitating diseases related to the spine, and spinal deformities, as the China spinal fusion market is facing some challenges like reimbursement cuts.

Besides that, sales of spinal fusion devices are also expected to go down on account of heavy government regulations, and high surgery cost.

Risk factors involved in the surgery also act as a significant impediment to the China spinal fusion market, in turn dwindling the sales of spinal fusion devices.

Due to high competition in the market, prices for bone graft substitutes and spinal implants are expected to come down in the Asia Pacific market, thus restraining the China spinal fusion market from growing.

Some of the other growth restraining factors of the China spinal infusion market and sales of spinal fusion devices can be growing awareness for some other treatment methods such as IDET, artificial disc, posterior dynamic stabilization, etc.

Who are the Key Players in the China Spinal Fusion Market?

Some of the key players in the China spinal fusion market are Trauson, Depuy Synthes Companies, Biomet, Inc., Medtronic, Inc, and Nuvasive Inc.

Stryker Corporation, Zimmer Holding, Inc., Orthofix International N.V., B. Braun Aesculap and Weigao Orthopaedic Device Co., Ltd. are a few of the other major China spinal fusion market companies.

The report consists of key players, contributing to the China spinal fusion market share. It also consists of organic and inorganic growth strategies adopted by market players to augment their China spinal fusion market share.

This exclusive report analyzes the competitive landscape and China's spinal fusion market share acquired by players to strengthen their market position.

Scope Of Report

Report Attributes	Details
Base year for estimation	2021
Historical data	2015 to 2020
Forecast period	2022 to 2032
Quantitative units	Revenue in USD Million, volume in kilotons, and CAGR from 2022 to 2032
Report Coverage	Revenue forecast, volume forecast, company ranking, competitive landscape, growth factors, and trends, Pricing Analysis
Regional scope	North America; Western Europe; Eastern Europe; Middle East; Africa; ASEAN; South Asia; Rest of Asia
Country scope	USA, Canada, Mexico, Germany, UK, France, Italy, Spain, Russia, Belgium, Poland, Czech Republic, China, India, Japan, Australia, Brazil, Argentina, Colombia, Saudi Arabia, UAE, Iran, South Africa
Key companies profiled	Stryker Corporation; Zimmer Holding, Inc.; Orthofix International N.V; B. Braun Aesculap and Weigao Orthopaedic Device Co., Ltd.
Customization scope	Free report customization (equivalent to up to 8 analysts' working days) with purchase. Addition or alteration to country, regional & segment scope.

Key Segments

By Device Type:

• Spinal Decompression
• Spinal Fusion
• Fracture Repair Devices
• Arthroplasty Devices
• Non-fusion Devices

By Region:

• North America
• Latin America
• Asia Pacific
• Europe
• MEA

Frequently Asked Questions

What was the Historical Size of the China Spinal Fusion Market?

In 2020, China spinal fusion market was worth USD 665 million.

Who are the Key Players in the China Spinal Fusion Market?

A few key players include Trauson, Depuy Synthes Companies, Biomet, Inc., Medtronic, Inc, Nuvasive Inc.

What is the Key Driver in the China Spinal Fusion Market?

Sales of spinal fusion devices spike on account of increasing adoption rate of minimally invasive spinal surgeries.