Middle East & Africa Spinal Fusion Devices Market
Evolution in medical technology has allowed several innovations in the spinal industry. Developments have allowed robotic surgery in the spine surgery arena, which has received much attention. 3D printing is expanding its footprint in medical devices to offer effective implants. Companies have already begun developing 3D-printed implants for spinal fusion and have commercialized them. In July 2021, Orthofix Medical launched its 3D-printed orthopedic device, FORZA Ti PLIF Spacer System. The system is designed for posterior lumbar interbody fusion (PLIF) surgeries. At the launch of the FORZA Ti PLIF Spacer system, the company also announced the first patient implant using the lumbar interbody device. Similarly, in April 2021, the company launched the Construx Mini Ti spacer system for anterior cervical discectomy and fusion procedures. Many companies have lined up to launch their 3D-printed products. Developments allow patient-specific 3D-printed implants to increase potential benefits to surgical outcomes. Thus, personalized 3D-printed implants will enable increasing minimally invasive approaches for complex deformities and reduce patient risks, promoting positive results. The advantages of 3D-printed technology will improve the safety and efficiency of spine surgery. It will permit surgeons to pre-plan surgery based on preoperative imaging. The other advantage of 3D printed implants is that they will reduce the stress of the screw-bone interface, resulting in the minimum risk of implant failure and non-union. Thus, 3D printing technology is expected to hold a promising future once the use of 3D printed implants is in regular use.
Saudi Arabia is one of the important Middle Eastern countries with significant scope for The Middle East & Africa spinal fusion devices market. The healthcare system in the country is developing at a rapid pace due to an increasing number of international companies are developing medical and research teams in the country. Fractures and dislocations due to trauma are steadily increasing, and the young are the most affected. The increase in cases of motor vehicle accidents (MVAs) in Saudi Arabia, which leads to an increase in cases of spinal fractures in the country, is responsible for the growth of Saudi Arabia's spinal fusion devices market. According to research published by National Library of Medicine (NLM), MVA account for ~80% of the total spinal injuries in Saudi Arabia. According to the Ministerial Committee of Traffic Safety, ~24,000 injuries were registered due to car accidents in 2022. The increase in the number of injuries such as fractures, sprains, and ligament damage due to road accidents or MVAs is fueling the demand for clinic casting and splinting products.
The Middle East & Africa spinal fusion devices market is segmented based on product type, surgery type, disease indications, end user, and country.
Based on product type, the Middle East & Africa spinal fusion devices market is segmented into thoracolumbar devices, cervical fixation devices, and interbody fusion devices. The thoracolumbar devices segment held the largest share in 2022.
By surgery type, the Middle East & Africa spinal fusion devices market is bifurcated into open spine surgery and minimally invasive spine surgery. The open spine surgery segment held a larger share in 2022.
By disease indications, the Middle East & Africa spinal fusion devices market is segmented into degenerative disc, trauma and fractures, complex deformity, and others. The degenerative disc segment held the largest share in 2022.
In terms of end users, the Middle East & Africa spinal fusion devices market is categorized into hospitals, specialty clinics, and others. The hospitals segment held the largest share in 2022.
Based on country, the Middle East & Africa spinal fusion devices market is segmented into Saudi Arabia, South Africa, the UAE, and the Rest of Middle East and Africa. Saudi Arabia dominated the Middle East & Africa spinal fusion devices market in 2022.
B. Braun SE, DePuy Synthes Inc, Globus Medical Inc, Medtronic Plc, Stryker Corp, and ZimVie Inc are some of the leading companies operating in the Middle East & Africa spinal fusion devices market.
Strategic insights for the Middle East & Africa Spinal Fusion Devices provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.
| Report Attribute | Details |
|---|---|
| Market size in 2022 | US$ 452.49 Million |
| Market Size by 2030 | US$ 628.06 Million |
| Global CAGR (2022 - 2030) | 4.2% |
| Historical Data | 2020-2021 |
| Forecast period | 2023-2030 |
| Segments Covered |
By Product Type
|
| Regions and Countries Covered | Middle East and Africa
|
| Market leaders and key company profiles |
The geographic scope of the Middle East & Africa Spinal Fusion Devices refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.
The Middle East & Africa Spinal Fusion Devices Market is valued at US$ 452.49 Million in 2022, it is projected to reach US$ 628.06 Million by 2030.
As per our report Middle East & Africa Spinal Fusion Devices Market, the market size is valued at US$ 452.49 Million in 2022, projecting it to reach US$ 628.06 Million by 2030. This translates to a CAGR of approximately 4.2% during the forecast period.
The Middle East & Africa Spinal Fusion Devices Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Middle East & Africa Spinal Fusion Devices Market report:
The Middle East & Africa Spinal Fusion Devices Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Middle East & Africa Spinal Fusion Devices Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Middle East & Africa Spinal Fusion Devices Market value chain can benefit from the information contained in a comprehensive market report.
Office No. 1011, First floor, Farena Corporate Park, Magarpatta-Mundhwa road, Pune - 411028, Maharashtra, India
US:+16467917070
sales@businessmarketinsights.com
Get Free Sample For Middle East & Africa Spinal Fusion Devices Market
