Thoracolumbar Spine Devices Industry Thoracolumbar Spine Devices Industry

Thoracolumbar Spine Devices Industry Key Players, Trends,
Growth Opportunities and Industry Forecast till 2025
“The factors that are playing a major role in the growth of
the Thoracolumbar Spine Devices Industry are increasing
spinal disorders like spinal stenosis, vertebral fracture,
and degenerative disc disease, sedentary lifestyle, rising
use of enhanced technology in R&D for the innovation of
products, and government initiative by providing
affordable pricing policy”
Global thoracolumbar spine devices market is expected to grow at a significant CAGR in the upcoming
period as the scope and its applications are rising enormously across the globe. Thoracolumbar spine
devices are the equipment used in spinal stabilization in pathologies like degenerative spinal disc disease.
The factors that are playing a major role in the growth of the market are increasing spinal disorders like
spinal stenosis, vertebral fracture, and degenerative disc disease, sedentary lifestyle, rising use of
enhanced technology in R&D for the innovation of products, and government initiative by providing
affordable pricing policy. Thoracolumbar spine devices market is segmented based on product type, device
type, surgery, materials, procedure type, end-user, and region.
Spine biologics, implants & instrumentation, and other product types could be explored in thoracolumbar
spine devices in the forecast period. The implants & instrumentation sector accounted for the substantial
market share of thoracolumbar spine devices and is estimated to lead the overall market in the years to
come. The reason could be the growing occurrence of spine related diseases, the growing aging population,
favorable reimbursement policies, and the use of enhanced technology.
Posterior stabilization device, retractors, anterior stabilization device, and other device types could be
explored in thoracolumbar spine devices in the forecast period. Based on surgery, minimally invasive surgery