Title: Interspinous Spacers Market Forecast (2022-2027)
1Interspinous Spacers MarketMarket size,
Industry outlook, Market Forecast, Demand
Analysis, Market Share, Market Report 2022-2027
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- The Interspinous Spacers Market size is forecast
to reach 117.4 million by 2027 and is expected
to grow at a CAGR of 4.9 during the forecast
period 2022-2027. - Interspinous spacers, also knowns as Interspinous
Process Decompression systems (IPD), are small
implant devices that are inserted into the back
of a spine for the treatment of Spinal ailments
such as Spinal Canal Stenosis and Degenerative
Disc Diseases. - Moreover, the increasing number of geriatric
populations worldwide has led to rising cases of
spinal diseases such as Arthritis, which has
further pushed the demand for Interspinous
Spacers.
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- Key Takeaways
- Geographically, The North American Interspinous
Spacers market accounted for the highest revenue
share in 2021. - This is owing to the rapid approval of
Interspinous Spacer products by the U.S. Food and
Drug Administration as well as the rising
instances of spinal osteoarthritis in the region. - The Interspinous Spacer Procedure is a minimally
invasive surgical procedure that involves the
implantation of a titanium spacer through a tube,
via a small incision.
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- Interspinous Spacers Market Segment Analysis By
Product Type - The Interspinous Spacers Market based on Product
type can be segmented into Static Spacers and
Dynamic Spacers. - The Static Spacers segment has the largest share
in the Interspinous Spacers Market in 2021
growing at a CAGR of 6.2 during the forecast
period 2022-2027, owing to their
cost-effectiveness. - Additionally, Static Spacers are preferred over
Dynamic spacers for Laminectomy in patients
suffering from lumbar spinal stenosis.
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- Interspinous Spacers Industry Outlook
- Globus Medical Inc.
- NuVasive Inc.
- Life Spine Inc.
- Paradigm Spine
- Medtronic
- Boston Scientific
- Zimmer Biomet
- Mikai S.p.A,
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