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The Global Spine Biologics Market is expected to be around US$ 2.80 Billion by 2027, at a CAGR of 4.5% in the given forecast period.

The Top Companies Report is intended to provide our buyers with a snapshot of the industry’s most influential players.


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Danish Smith

a year ago | 2 min read

A biologic is a material which energetically alters its surrounding
atmosphere and effects a change during a biological process. Spine
biologics are used through spine fusion surgical procedure for the
treatment of spinal defect includes wound, degenerative disc disease,
tumors, and spinal cord injuries and wounds by stimulating bone
expansion formation through inflammatory repair stage, stage and
remodeling stage. Therefore flow in the quantity of spinal fusion
surgeries has fueled the acceptance of biologics.

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How Big is The Global Spine Biologics Market?

The Global Spine Biologics Market is expected to be around US$ 2.80
Billion by 2027, at a CAGR of 4.5% in the given forecast period.

The major driving factors of Global Spine Biologics Market are as follows:

  • Innovative technological advancements
  • Advantages of biologics include faster recovery, minimal postoperative time and ability to activate cellular expansion.
  • Demand of minimally invasive spine surgeries is growing
  • Increasing ageing population
  • Incidences of spinal disorders are raising 
  • Newly developed spine treatment techniques and devices

The restraining factors of Global Spine Biologics Market are as follows:

  • Unfavorable reimbursement policy
  • High cost of bone grafts
  • Ethical issues associated to bone grafting procedures
  • Lack of professional expertise
  • Lack of patient awareness and knowledge

The Global Spine Biologics Market is segmented on the lines of its
product, surgery and regional. Based on product segmentation it covers
bone graft substitutes, platelet rich plasma (PRP), bone grafts and bone
marrow aspirate concentrate (BMAC) therapy. Under surgery segmentation
it contains anterior cervical discectomy and fusion (ACDF), anterior
lumbar interbody fusion (ALIF), Transforaminal lumbar interbody fusion
(TLIF), lateral lumbar interbody fusion (LLIF) and other surgeries. The
Global Spine Biologics Market on geographic segmentation covers various
regions such as North America, Europe, Asia Pacific, Latin America,
Middle East and Africa. Each geography market is further segmented to
provide market revenue for select countries such as the U.S., Canada,
U.K. Germany, China, Japan, India, Brazil, and GCC countries.

This report provides:

1) An overview of the global market for Spine Biologics and related technologies.

2) Analyses of global market trends, with data from 2019, estimates
for 2020 and 2021, and projections of compound annual growth rates
(CAGRs) through 2027.

3) Identifications of new market opportunities and targeted promotional plans for Global Spine Biologics Market.

4) Discussion of research and development, and the demand for new products and new applications.

5) Comprehensive company profiles of major players in the industry.

REPORT SCOPE:

The scope of the report includes a detailed study of global and regional
markets for Global Spine Biologics Market with the reasons given for
variations in the growth of the industry in certain regions.

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https://www.marketresearchengine.com/spine-biologics-market

The report covers detailed competitive outlook including the market
share and company profiles of the key participants operating in the
global market. Key players profiled in the report include DePuy Spine,
Precision Spine, Medtronic, Stryker Corporation, Smith & Nephew Plc,
Orthovita Inc., Zimmer Spine Inc., K2M, Nuvasive, Arthrex, Inc., DMP
Spine, Alphatec Spine, Orthofix Holdings, RTI Surgical, Wright Medical
Technology, Cesca Therapeutics, and Lattice Biologics. Company profile
includes assign such as company summary, financial summary, business
strategy and planning, SWOT analysis and current developments.

The Top Companies Report is intended to provide our buyers with a snapshot of the industry’s most influential players.

The Global Spine Biologics Market has been segmented as below:

By Product Analysis

  • Bone graft substitutes
  • Platelet rich plasma (PRP)
  • Bone grafts
  • Bone marrow aspirates concentrate (BMAC) therapy.

By Surgery Analysis

  • Anterior cervical discectomy and fusion (ACDF)
  • Anterior lumbar interbody fusion (ALIF)
  • Transforaminal lumbar interbody fusion (TLIF)
  • Lateral lumbar interbody fusion (LLIF)
  • Other surgeries

By Regional Analysis

  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World

Media Contact
Company Name: Market Research Engine
Contact Person: John Bay
Email: john@marketresearchengine.com
Phone: +1-855-984-1862
Country: United States
Website:
https://www.marketresearchengine.com



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Danish Smith

Digital Marketing Executive at Market Research Engine.


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