Increasing incidence of spinal stenosis, favourable reimbursement policies, increasing demands for minimally invasive procedures, and mounting geriatric population is predictable to drive market growth over the forecast period. Though, lack of skilled professional, high cost of therapeutic surgery and surgery-related difficulties are projected to restrain the growth over the projected period.
Segment Overview
Ideal policies for the reimbursement and also the rising demand for negligibly or minimally invasive surgeries by developing the geriatric populace is evaluated to support the market growth over the forecast period. Lack of highly skilled professional, higher therapeutic cost and knowledgeable physicians are projected to hinder growth of spinal cord compression or spinal stenosis market over the forecast period.
Regional Overview
North America dominates global spinal cord compression market due to growing prevalence of spinal stenosis, presence of well-developed healthcare sector as well as growing geriatric population are major factors driving market growth within region.
Europe holds second largest spinal cord compression market. Rising geriatric population, well-developed healthcare segment, vast patient pool, and the government support for R&D are major drivers within region. Europe is divided into UK, Germany, France, Italy, Spain, Russia and Rest of the Europe. UK leads the market growth due to presence of developed economies within the country. On the other hand, Eastern European countries are projected to be the fastest rising over the forecast period.
Asia Pacific is fastest growing region for the spinal cord compression market. Presence of emerging economies, increasing healthcare spending and rising geriatric population drives market growth within region. Middle East & Africa (MEA) has the least share in global spinal cord compression market. This can due to the presence of deprived economies, low per capita expenditure, strict government policies, particularly within the African region
Competitor overview
Ideal guidelines for reimbursement and increasing demand for the negligibly invasive surgeries by developing geriatric population is expected to support the market growth during the forecast period. Higher cost of therapeutic and lack of skilled and practised physicians are expected to hinder the growth of the spinal cord compression market during the forecast period.
Key Players
- Johnson and Johnson Services Inc.
- Medtronic
- Stryker
- NuVasive Inc.
- Zimmer Biomet
- Globus Medical Inc.
- MicroPort Scientific Corporation
- Orthofix International NV
- K2M Inc.
- Paradigm Spine
- Alphatec Spine Inc.
- Vertos Medical Inc.
- General Electric Company
- Vertiflex Inc
- Hitachi Ltd.
- Siemens Healthcare GmbH
- Koninklijke Philips N.V.
Market Segmentation
By Type
- Cervical Stenosis
- Lumbar Spinal Stenosis
- Central Stenosis
- Others
- Ambulatory Surgical Centers,
- Hospitals,
- Rehabilitation Centers,
- Others
- North America
- US
- Canada
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- Japan
- China
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Brazil
- Saudi Arabia
- UAE
- Rest of LAMEA
Request for TOC
Data Library Research are conducted by industry experts who offer insight on industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESS
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary ResearchSecondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size EstimationBoth, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model
