According to Market Research, the Europe Spinal Implants Market is expected to exceed more than US$ 3.5 Billion by 2024 at a CAGR of 5.5%.
The major driving factors of Europe Spinal Implants Market are as follows:
- Rise in obese population
- Rise in Government healthcare expenditure
- Cost effective spinal devices
- Rising demand in minimally invasive spine surgery
- R&D in spinal surgeries are continuously progressing
The restraining factors of Europe Spinal Implants Market are as follows:
- High procedural cost of treatments
- Stringent regulatory guidelines for the approval of new medical devices
- Uncertainty in reimbursement
- Pressure on market players relating to price is high
Spinal implants are the most common issues over 50 years of age among men and women. People at this stage become somewhat weak and can develop lot of issues relating to health and other problems which can become worst if not attended at proper time.
With growing age lot of changes takes place in human body like the figure of the spine is also not correct it bends somewhat and the tissues and nerves that support the spinal bone becomes thicker, bones and joints also grow big which leads to the most common problem of spinal damage. Spinal Implant is used to stabilize and strengthen the spine, correct deformities, and to facilitate fusion.
Lot of spinal implants is produced using metals such as stainless steel, titaniumand titanium-alloy. Spinal implants classified into several groups such as rods, pedicle screws, hooks, plates, cages etc.
Which are the main European Spine Companies?
- Safe Orthopedics
- Biedermann Motech
- Silony Medical
- Arca Medical
- Tsunami Medical
- Peter Brehm
- Human Tech
To learn about more European companies and 400 Spinal Companies worldwide please visit our Spine Catatalog: http://www.thespinemarketgroup.com/category/spine-companies/