Industry Overview:
The latest report by IMARC Group, titled “Motion Preservation Devices Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,” offers a comprehensive analysis of the industry, which comprises insights on the Motion Preservation Devices Market Share. The report also includes competitor and regional analysis, and contemporary advancements in the market. The global motion preservation devices market size reached US$ 1.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 2.4 Billion by 2028, exhibiting a growth rate (CAGR) of 6.2% during 2023-2028.
Motion preservation devices refer to medical devices that are commonly utilized for the treatment of numerous spine conditions. They are widely used in surgeries related to the spine, including disc, facet, and prosthetic nucleus replacement. Due to the rising geriatric population across the globe and the sedentary lifestyles led by individuals, there has been a considerable rise in the cases of spinal conditions, which is providing a boost to market growth.
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Global Motion Preservation Devices Market Trends:
The global market is primarily driven by significant growth in the healthcare sector. Along with this, the continual technological advancements across the sector are creating a positive outlook for the market. For instance, the widespread integration of artificial intelligence (AI) with motion preservation devices that facilitate the natural biomechanics of the human spine is acting as a major growth-inducing factor. Moreover, the increasing investments by the governments of numerous countries to upgrade the existing healthcare infrastructure is further providing an impetus to the market growth.
Competitive Landscape with Key Players:
The competitive landscape of the industry has also been examined along with the profiles of the key players being:
- Aurora Spine Inc
- B. Braun Melsungen AG
- Globus Medical
- HPI Implants
- Johnson & Johnson Private Limited
- Medtronic
- NuVasive Inc.
- Orthofix Medical Inc
- Surgalign
- ulrich GmbH & Company KG
- Zimmer Biomet
The competitive landscape of the industry has also been examined along with the profiles of the key players being Aurora Spine Inc, B. Braun Melsungen AG, Globus Medical, HPI Implants, Johnson & Johnson Private Limited, Medtronic, NuVasive Inc., Orthofix Medical Inc, Surgalign, ulrich GmbH & Company KG and Zimmer Biomet.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global motion preservation devices market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on product, surgery and end user.
Product:
- Dynamic Stabilization Devices
- Interspinous Process Spacers
- Pedicle Screw-Based Systems
- Facet Replacement Products
- Artificial Discs Replacement Devices
- Artificial Cervical Discs
- Artificial Lumbar Discs
- Annulus Repair Devices
- Nuclear Disc Prosthesis Devices
Surgery:
- Open Spine Surgery
- Minimally Invasive Spine Surgery
End User:
- Hospitals
- Orthopedic Clinics
- Ambulatory Surgical Centers (ASCs)
- Others
Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key Highlights of the Report:
- Market Performance
- Market Outlook
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
Note: We are updating our reports, If you want latest primary and secondary data (2023-2028) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours.
Report Coverage:
| Report Features | Details |
|---|---|
| Base Year of the Analysis | 2022 |
| Historical Period | 2017-2022 |
| Forecast Period | 2023-2028 |
| Units | US$ Billion |
| Segment Coverage | Product, Surgery, End User, Region |
| Region Covered | Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
| Countries Covered | United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
| Companies Covered | Aurora Spine Inc, B. Braun Melsungen AG, Globus Medical, HPI Implants, Johnson & Johnson Private Limited, Medtronic, NuVasive Inc., Orthofix Medical Inc, Surgalign, ulrich GmbH & Company KG and Zimmer Biomet |
| Customization Scope | 10% Free Customization |
| Report Price and Purchase Option | Single User License: US$ 2499 Five User License: US$ 3499 Corporate License: US$ 4499 |
| Post-Sale Analyst Support | 10-12 Weeks |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report
1. What was the size of the global motion preservation devices market in 2022?
2. What is the expected growth rate of the global motion preservation devices market during 2023-2028?
3. What are the key factors driving the global motion preservation devices market?
4. What has been the impact of COVID-19 on the global motion preservation devices market?
5. What is the breakup of the global motion preservation devices market based on the product?
6. What is the breakup of the global motion preservation devices market based on the surgery?
7. What is the breakup of the global motion preservation devices market based on the end user?
8. What are the key regions in the global motion preservation devices market?
9. Who are the key players/companies in the global motion preservation devices market?
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
Figure 1: Global: Motion Preservation Devices Market: Major Drivers and ChallengesFigure 2: Global: Motion Preservation Devices Market: Sales Value (in Billion US$), 2017-2022Figure 3: Global: Motion Preservation Devices Market Forecast: Sales Value (in Billion US$), 2023-2028Figure 4: Global: Motion Preservation Devices Market: Breakup by Product (in %), 2022Figure 5: Global: Motion Preservation Devices Market: Breakup by Surgery (in %), 2022Figure 6: Global: Motion Preservation Devices Market: Breakup by End User (in %), 2022Figure 7: Global: Motion Preservation Devices Market: Breakup by Region (in %), 2022Figure 8: Global: Motion Preservation Devices (Dynamic Stabilization Devices) Market: Sales Value (in Million US$), 2017 & 2022Figure 9: Global: Motion Preservation Devices (Dynamic Stabilization Devices) Market Forecast: Sales Value (in Million US$), 2023-2028Figure 10: Global: Motion Preservation Devices (Artificial Discs Replacement Devices) Market: Sales Value (in Million US$), 2017 & 2022Figure 11: Global: Motion Preservation Devices (Artificial Discs Replacement Devices) Market Forecast: Sales Value (in Million US$), 2023-2028Figure 12: Global: Motion Preservation Devices (Annulus Repair Devices) Market: Sales Value (in Million US$), 2017 & 2022Figure 13: Global: Motion Preservation Devices (Annulus Repair Devices) Market Forecast: Sales Value (in Million US$), 2023-2028Figure 14: Global: Motion Preservation Devices (Nuclear Disc Prostheses Devices) Market: Sales Value (in Million US$), 2017 & 2022
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