The global Spinal Stenosis Implant Market is expected to witness a CAGR of 5.5% and reach US$ 4439.3 Mn by the year 2022-2026. With how healthcare data gets accumulated these days (which could be inclusive of medical IoT solutions, DICOM files, and patient records), ultra-modern platforms like data fabrics are in the offing, so that distributed and structured data could be well-managed. This would be the healthcare industry’s situation in the upcoming period.
North America Will Have a Steady Growth in the Spinal Stenosis Implant Market and the Global Spinal Stenosis Implant Market will surpass US$ 4439.3 Mn by 2026 in terms of value, witnessing a CAGR of 5.5% between 2022 and 2026, states a recent report by Persistence Market Research (PMR). One of the most common causes of spinal stenosis is osteoarthritis (OA). According to the World Health Organization, around 10% to 15% of all adults over the age of 60 have some form of Osteoarthritis, with women being more affected than males.
Get Sample Copy of this Report@ https://www.persistencemarketresearch.com/samples/15376
Company Profiles:
- Vertiflex Inc.
- Premia Spine, Ltd.
- Paradigm Spine, LLC
- Zimmer Biomet Holdings Inc.
- Orthofix Holdings, Inc.
- DePuy Synthes (Johnson and Johnson)
- Stryker Corporation
- NuVasive, Inc.
- RTI Surgical, Inc.
Request for Methodology@ https://www.persistencemarketresearch.com/methodology/15376
Apart from this, the increasing prevalence of spinal ailments, along with the aging population, is expected to drive market expansion. Another factor driving the market growth is the rising preference for minimally invasive spinal stenosis implant surgery. When compared to traditional techniques for spinal stenosis implant surgery, minimally invasive spinal stenosis implant surgery has superior results. The rising preference for minimally invasive surgery is projected to have a favorable influence on the spinal stenosis implants market.
As the frequency of spinal injuries in the area has increased rapidly, North America is projected to lead the global market. Furthermore, the presence of well-established organizations and the availability of superior healthcare facilities are accelerating the growth of the spinal stenosis implant market in this region. Acceptance of advanced spinal fusion techniques and availability of innovative implants, are also expected to boost regional growth. T
he high cost of spinal procedures in the region will add to the market’s revenue. Apart from North America, the Asia Pacific region is expected to significantly contribute to the growth of the global spinal stenosis implant market. Increased investments in healthcare facilities, as well as an increase in spinal cord injuries, have increased demand for spinal stenosis implants in the Asia Pacific region.
Want More Insights?
PMR has presented a comprehensive report based on Spinal Stenosis Implant Market as per Material (Metallic and Biomaterial), based on seven regions.
Access Full Report@ https://www.persistencemarketresearch.com/checkout/15376
About us: Persistence Market Research
Contact us:
Persistence Market Research
Address – 305 Broadway, 7th Floor, New York City, NY 10007 United States
U.S. Ph. – +1-646-568-7751
USA-Canada Toll-free – +1 800-961-0353
Sales – sales@persistencemarketresearch.com