Spinal Cord Trauma Treatment Market 2022
New Study Reports “Spinal Cord Trauma Treatment Market 2022, Analysis, Growth, Size, Trends Forecasts 2027″ has been Added on PMR.
Report Overview
Starting with the overview of Spinal Cord Trauma Treatment Market, it presents an overall analysis of the latest trends that are prevalent in the industry. The report begins with the description of the market surroundings and the analysis of the size and forecast of product or service based on regions and applications. In addition to it, the report also introduces the market competitive landscape among the vendors and manufacturers that contribute to the growth of the product or service. The company profiling and market price analysis in relation to the value chain features is also covered in the report. The data experts have examined and scrutinized the industry trends in the key regions. 2022 has been considered as the base year, with the forecast period extending to 2030.
Additionally, development of nerve cells growth therapy is expected to boost the market in near future. The global market for spinal cord trauma treatment is is estimated to be valued at US$ 2,276.3 Mn in terms of value by the end of 2017. The global spinal cord trauma treatment market is expected to expand at a CAGR of 3.7% over the forecast period to reach a value of US$ 3,036.2 Mn by 2027 end.
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- Acorda Therapeutics, Inc.
- Asterias Biotherapeutics
- ReNetX Bio.
- BioArctic AB
- BioTime, Inc.
- InVivo Therapeutics
- Kringle Pharma, Inc.
- Novartis AG
- Pfizer Inc.
- Pharmicell Co. Ltd.
- Vertex Pharmaceuticals Inc.
- Bioaxone Biosciences, Inc.
- Others.
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Global Spinal Cord Trauma Treatment Market: Trends
- Medical tourism for post spinal surgery rehabilitation
- Research on neuroregeneration therapies
- Increasing use of mechanical spinal traction
- Focus towards improvement of quality of life by increasing the use of robot assisted rehabilitation
- Methylprednisolone as a standard corticosteroid therapy
- Public private partnership for better health infrastructure and work as a source to meet the funding gap
- Increasing cases of vehicle accidents
- Development of stem cell therapy
Global Spinal Cord Trauma Treatment Market: Forecast by End User
On the basis of end user, the global spinal cord trauma treatment market is segmented into hospitals and trauma centers. Hospitals segment dominated the global spinal cord trauma treatment market in revenue terms in 2016 and is projected to continue to do so throughout the forecast period. Hospitals and trauma centers segments are expected to approximately similar attractive index. Hospitals segment accounted for 53.2% value share in 2017 and is projected to account for 52.5% share by 2025 end.
Global Spinal Cord Trauma Treatment Market: Forecast by Injury Type
On the basis of injury type, the global spinal cord trauma treatment market is segmented into complete spinal cord injuries and partial spinal cord injuries. Partial spinal cord trauma treatment segment is expected to show better growth than the completed spinal cord treatment segment due to higher growth in the incidence rate of partial spinal cord trauma than the complete spinal cord trauma. With US$ 1,870.3 Mn market value in 2025, this segment is likely to expand at CAGR 3.8% throughout the projected period.
Global Spinal Cord Trauma Treatment Market: Forecast by Treatment Type
On the basis of treatment type, the global spinal cord trauma treatment market is segmented into corticosteroid, surgery, and spinal traction segments. Surgery segment dominated the global spinal cord trauma treatment market in revenue terms in 2016 and is projected to continue to do so throughout the forecast period. Surgery segment is the most attractive segment, with attractiveness index of 2.6 over the forecast period.
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Global Spinal Cord Trauma Treatment Market: Forecast by Region
This market is segmented into five regions such as North America, Latin America, Europe, APAC and MEA. Asia-Pacific account for the largest market share in the global spinal cord trauma treatment market. Large patient population due to the high rate of road accidents and crime is making the Asia Pacific region most attractive market for spinal cord trauma treatment. On the other hand, MEA and Latin America is expected to be the least attractive market for spinal cord trauma treatment, with attractiveness index of 0.3 and 0.5 respectively over the forecast period.
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