Spinal Implants and Devices Market Size, Share, and Trends 2024 to 2034

Spinal Implants and Devices Market Size to Hit USD 24.50 Billion by 2034

The global spinal implants and devices market size was USD 13.40 billion in 2023, calculated at USD 14.16 billion in 2024 and is expected to reach around USD 24.50 billion by 2034, expanding at a CAGR of 5.63% from 2024 to 2034. The North America spinal implants and devices market size reached USD 6.50 billion in 2023. Growing adoption rates due to the advantages of minimally invasive devices including less scarring, faster recovery, and less hospital stay duration, are key drivers of the spinal implants and devices market.

Spinal Implants and Devices Market Key Takeaways

• North America has dominated the market with revenue share of 48.5% in 2023.
• Asia Pacific is expected to witness the fastest growth in the market over the studied period.
• By product, the spinal fusion devices has accounted market share of 59% in 2023.
• By product, the vertebral compression fracture treatment devices segment is expected to grow at a faster rate over the forecast period.
• By procedure type, the laminotomy segment has garnered largest share of 40% in 2023.
• By procedure type, the foraminotomy segment is expected to show the fastest growth in the market during the forecast period.
• By technology, in 2023, the spinal fusion & fixation technologies segment dominated the global market.
• By technology, the motion preservation technologies segment is anticipated to grow at the fastest rate in the market over the forecast period.
• By surgery type, the open surgery segment led the market in 2023.
• By surgery type, the minimally invasive surgery segment is anticipated to grow at the fastest rate in the market over the forecast period.

U.S. Spinal Implants and Devices Market Size and Growth 2024 to 2034

The U.S. spinal implants and devices market size was exhibited at USD 5.20 billion in 2023 and is projected to be worth around USD 9.53 billion by 2034, poised to grow at a CAGR of 5.66% from 2024 to 2034.

North America dominated the spinal implants and devices market in 2023. The regions growth is anticipated to be fueled by technological advancements, a rise in FDA approvals, an aging demographic, and the high incidence of spinal disorders. In the U.S., the spine market has seen rapid growth due to these technological innovations, which are also accelerating local market expansion. Also, healthcare reimbursement policies have significantly impacted the country's demand for spinal implants.

• In January 2024, U.S.-based medical technology company Accelus launched a linesider modular-cortical system, which is to be used in spinal implant surgeries. The technology allows surgeons to place screw shanks early in the procedure and customize the construct with modular tulips and rods. The system comes in open modular and cortical modular sets, catering to different surgical approaches.

Asia Pacific is expected to witness the fastest growth in the spinal implants and devices market over the studied period. Several factors are driving the growth of the market, such as the rising prevalence of spinal disorders, the modernization of healthcare infrastructure, and an increasing elderly population. The region boasts a strong network of medical device firms, research institutions, and healthcare facilities, all of which play a key role in advancing spinal implant technologies. Also, the rise of local manufacturers can contribute to this progress.

The spinal implants and devices market in Japan is projected to expand at the fastest rate during the forecast period, driven by the aging population and a continuous demand for advanced medical technologies. Furthermore, government initiatives aimed at supporting the healthcare sector are expected to sustain this market growth.

Market Overview

Spinal implants are utilized to promote fusion, enhance spine stability, fortify the spinal column, and correct spinal deformities. These devices are employed in addressing conditions like scoliosis, spondylolisthesis, kyphosis, and fractures. The primary role of spinal implants is to aid in the fusion of two vertebrae and replace the natural disc material. The spinal implants and devices market aims to immobilize vertebrae by eliminating or greatly reducing pain caused by abnormal vertebral movements. Treatment options for spinal issues are continuously advancing with the advent of modern spinal implants and devices. Additionally, these implants and devices are becoming extensively effective and are recommended choices for treating spinal misalignments or degenerative changes.

Spinal Implants and Devices Market Growth Factors

• Growing research and funding initiatives from public and private organizations are expected to fuel the spinal implants and devices market growth shortly.
• Rising focus on developing custom implants can drive the spinal implants and devices market growth during the forecast period.
• A favorable reimbursement scenario will boost the demand for the spinal implants and devices market in the coming years.

Spinal Implants and Devices Market Scope

Market Dynamics

Driver

The increasing prevalence of spinal disorders in young and senior populations

The rising prevalence of spinal disorders, such as degenerative disc disease, scoliosis, and spondylolisthesis, among both younger and older individuals is a key driver for the growth of the spinal implants and devices market. As people age, the wear and tear on their bones, muscles, and joints can lead to conditions like osteoporosis, herniated discs, and spinal stenosis. However, these conditions often result in chronic pain, decreased mobility, and a diminished quality of life, which can prompt many to opt for surgical interventions, including spinal implant procedures. The demand for spinal implants is anticipated to persist, fueled by an aging population and advancements in medical technology.

• In September 2023, Silony Medical International AG acquired Centinel Spine’s Global Fusion Business. This strategic move combined Silony’s existing posterior screw & rod fusion systems with Centinel Spine’s Fusion Products, including cervical stand-alone cages, lateral stand-alone cages, anterior cervical plates, and ALIF devices.

Restraint

Lack of skilled physicians

The spinal implants and devices market is projected to experience slow growth over the forecast period, primarily due to the increasing costs of treatment methods. Additionally, the market may encounter further obstacles shortly, which include a shortage of qualified doctors and a lack of awareness and education about these medical advancements.

Opportunity

3D-printed spinal implants

The spinal implants and devices market is being driven by an increasing focus on developing custom implants. Expertise is required for the anatomically complex 3D printing of spinal implants. Advancements in medical imaging and instrumentation have elevated the 3D approach to a globally recognized method for spine defect repair. These advanced techniques, often used alone or alongside conventional methods, yield better results. Furthermore, Additive manufacturing technology, commonly known as 3D printing, is gaining prominence and popularity in the medical devices industry. Hence, the rising demand for 3D printing technology in manufacturing is expected to propel market growth during the forecast period.

• In November 2023, Spinal Elements, a spine technology company, announced the full commercial launch of its Ventana 3D-Printed Interbody Portfolio: the Ventana C Anterior Cervical Interbody System, Ventana P/T Posterior Lumbar Interbody System, and Ventana L Lateral Lumbar Interbody System. Spinal Elements developed the Ventana portfolio, which is the newest innovation in its MIS Ultra® platform of products and procedural solutions.

Product Insights

The spinal fusion devices segment dominated the spinal implants and devices market in 2023. Spinal fusion surgeries are frequently conducted to address various spinal conditions, including degenerative disc disease, spondylolisthesis, and fractures. These procedures utilize spinal fusion devices designed to stabilize and align the spine by encouraging bone growth and recovery. Recent technological advancements have led to the creation of advanced fusion devices, such as those that preserve motion and those used in minimally invasive techniques. These innovations have contributed to a higher adoption rate among orthopedic surgeons.

• In October 2023, NovApproach Spine, developer of the patented OneLIF interbody spinal fusion system, which supports a multitude of surgical approaches, announced the full market launch of the device during the North American Spine Society's Annual Meeting in Los Angeles. Surgeons will be on hand to share clinical experiences and demonstrations at the company's educational exhibit.

The vertebral compression fracture treatment devices segment is expected to grow at a faster rate in the spinal implants and devices market over the forecast period. This can be attributed to the rise in spine disorders and the growing preference for minimally invasive surgeries among patients is driving demand. Additionally, numerous major companies are expected to drive segment growth by pursuing regulatory approvals, conducting clinical trials, and launching new products to broaden their geographical reach. This implant comes with a sterile, single-use surgical kit intended to ensure precise placement and minimize infection risks.

Procedure Type Insights

The laminotomy segment led the spinal implants and devices market in 2023. Laminotomy is often carried out alongside other spinal procedures like discectomy or spinal fusion. The prevalence of these decompressive surgeries is attributed to the high occurrence of conditions such as spinal stenosis, which frequently requires surgical intervention to relieve symptoms and enhance patients' quality of life. The primary driving force behind laminotomy procedures in spinal implants is the need to treat specific issues like spinal stenosis or the narrowing of the spinal canal.

The foraminotomy segment is expected to show the fastest growth in the spinal implants and devices market during the forecast period. The segment is expected to be propelled by the growing acceptance of minimally invasive surgeries (MIS) among patients. This technique is primarily used to treat conditions such as foraminal stenosis and pinched nerves. Most patients experience successful outcomes with this procedure, and complications from foraminotomy are rare.

Technology Insights

The spinal fusion & fixation technologies segment dominated the global spinal implants and devices market. The significant market share of this segment can be attributed to the rapid adoption of fusion and fixation techniques, driven by increased awareness of spinal health and improved diagnostic capabilities that support early detection of spinal problems. Furthermore, Manufacturers of spinal implants are introducing cutting-edge technological innovations in biomaterials by focusing on biocompatibility, durability, and flexibility. This drives the development of next-generation spinal fusion and fixation devices, meeting the evolving needs of the global healthcare market. These advancements are expected to boost the segment's growth further.

The motion preservation technologies segment is anticipated to grow at the fastest rate in the spinal implants and devices market over the forecast period. This technology provides a superior alternative for spinal fusion to individuals suffering from lumbar spinal stenosis, degenerative disc disease, and facet pain. It is categorized into total disc replacement (TDR), posterior dynamic devices, prosthetic nuclei, and facet replacement.

• In October 2023, Premia Spine, an innovator in spine medical devices, announced the commercial launch of the TOPS System. The novel facet replacement system will be showcased at the North American Spine Society Meeting in Los Angeles. Premia is partnering with leading corporate and independent distributors across the United States to provide surgeons and patients with access to the most cutting-edge posterior lumbar motion preservation technology on the market today.

Surgery Type Insights

The open surgery segment led the spinal implants and devices market in 2023. Open surgery comes with several drawbacks, including extended operating times and high invasiveness. Hence, many of these procedures result in significant blood loss, raising the risk of damage or infection to healthy tissues. This is linked to an increase in open spine surgeries and a preference for them among healthcare professionals. Another key factor driving the segment's growth is the necessity of open surgery for certain spine treatments, such as the placement of spinal implants.

The minimally invasive surgery segment is anticipated to grow at the fastest rate in the spinal implants and devices market over the forecast period. This trend is associated with the increasing prevalence of spinal disorders and an aging global population. Moreover, Collaborative international medical research and development efforts are driving a push towards advanced minimally invasive spinal implant technologies, which established the industry as a global leader in surgical innovation.

Spinal Implants and Devices Market Companies

• Alphatec
• Braun Melsungen AG
• Globus Medical
• Johnson & Johnson Services, Inc.
• Medtronic Plc
• NuVasive, Inc.
• Orthofix Medical Inc.
• Spinal Simplicity
• Stryker Corporation
• Ulrich Medical
• Zimmer Biomet Holdings Inc.

Recent Developments

• In April 2024, Proprio introduced a multi-phase partnership with the Biedermann Group, a distinguished innovator in cutting-edge spinal procedural solutions and implant systems. The partnership aims to combine Biedermann’s innovative spinal implants with Proprio’s Paradigm system.
• In October 2023, Johnson & Johnson MedTech announced that DePuy Synthes, a division of Johnson & Johnson specializing in orthopedic products, has obtained 510(k) clearances from the U.S. FDA for both the TriALTIS Spine System and the TriALTIS Navigation Enabled Instruments.
• In August 2023, Orthofix Medical announced the U.S. commercial launch for its 7D Flash, which is a new spine surgery navigation system.

Segment Covered in the Report

By Product

• Spinal Fusion Devices
  • Thoracic & Lumbar Fusion Devices
  • Cervical Fusion Devices
• Spinal Biologics
  • Allografts
  • Xenografts
  • DBM
  • BMP
  • Synthetic Bone Grafts
• Vertebral Compression Fracture Treatment Devices
• Non-Fusion Devices
• Spinal Bone Growth Stimulators

By Technology

• Spinal Fusion and Fixation Technologies
• Vertebral Compression Fracture Treatment
  • Vertebroplasty
  • Kyphoplasty/Vertebral Augmentation
• Motion Preservation Technologies

By Surgery Type

• Open Surgery
• Minimally Invasive Surgery

By Procedure Type

• Discectomy
• Laminotomy
• Foraminotomy
• Corpectomy
• Facetectomy

By Geography

• North America
• Asia Pacific
• Europe
• Latin America
• Middle East & Africa