Spinal Cord Compression-Spinal Stenosis Market Gains Momentum with a Striking CAGR of ~ 11.5% by 2023

Acknowledging its growing popularity and the market growth, Market Research Future, recently published a study report – The Global Spinal Cord Compression-Spinal Stenosis Market.  Which indicates that the Market is booming and estimated to gain further prominence over the forecast period.  Further MRFR asserts that the Market will demonstrate a massive growth by 2023, phenomenally superseding its previous growth records in terms of value with a whooping CAGR during the anticipated period. The global Spinal Cord Compression-Spinal Stenosis market is expected to reach $ 8.5 billion by the end of 2023, this market is projected to growing at a CAGR of ~ 11.5 % during 2017-2023.

Market Research Future published new report, titled “Spinal Cord Compression-Spinal Stenosis Market -Research Report: Global Forecast till 2023”.

Key players profiled in the report are Medtronic Inc., Stryker Corporation, Orthofix International N.V., Kyphon, Inc., Zimmer Biomet, Paradigm Spine LLC, Alphatec Holdings, Inc., K2M Group Holdings, Inc., and LDR Holding Corporation and others.

Market Synopsis of Global Spinal Cord Compression-Spinal Stenosis Market:

Spinal stenosis is the abnormal narrowing of spinal canal causing it to restrict, which may result in a neurological deficit due to interference with neurological fibres. The associated symptoms include pain, numbness, loss of motor control etc. The location of stenosis determines the area of the body affected.

The market for spinal cord compression-spinal stenosis is rising due to factors such as rise in the cases of arthritis, congenital spinal defects, instability of the spine, and slip-disc due to reasons such as spondylitis, trauma and tumours. The market restraints are complications such as infection, pain and cost of treatment.

Market Segments:

The global spinal cord compression-spinal stenosis market is segmented on the basis of indications, diagnosis and treatment, implants and end users. Based on indications, the market has been segmented as foraminal stenosis, lumbar spinal stenosis, cervical stenosis, central stenosis and others. Based on the diagnosis, the market has been segmented as physical examination, imaging (magnetic resonance imaging (MRI), computed tomography (CT), x-ray, others) and others. Based on the treatment, the market has been segmented as surgery (laminectomy, laminoplasty, foraminotomy, interspinous process spacer, micro endoscopic decompression and others), drug class (non-steroidal anti-inflammatory drugs, steroids, opiates, others), therapy (physical therapy, heating pad and cold compress, others) and others. Based on the implants, the market has been segmented as cages, screws, rods, spacers, plates and discs, grafts and others. Based on the end users, the market has been segmented as hospitals and clinics, academic and research and others.

Regional Analysis:

US accounts for the maximum market share due to favorable reimbursement scenario and greater expenditure on healthcare. The faster market uptake of new technology in the US is also an important driver of the market for global spinal cord compression-spinal stenosis. Europe is the second largest market due to large disposable income and rising awareness. Asia Pacific region is expected to have the most future potential and it is estimated to be led by China and India. The Middle East & Africa market is led by the gulf nations particularly Saudi Arabia and UAE. The regions of Africa are expected to witness a moderate growth due to poor economic and political conditions and poor healthcare penetration.

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The report for Global Spinal cord compression-spinal stenosis Market by Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain a deeper insight of the market and industry performance. The report gives a clear picture of the current market scenario which includes past and estimated future market size with respect to value and volume, technological advancement, macro economical and governing factors in the market. The report provides detail information about and strategies used by top key players in the industry. The report also gives a broad study of the different market segments and regions.

Major Table of Contents:

Chapter 1 Introduction

Chapter 2 Research Methodology

Chapter 3 Market Dynamics

Chapter 4 Market Factor Analysis

Chapter 5 Global Spinal Cord Compression-Spinal Stenosis Market, By Indications

Chapter 6 Global Spinal Cord Compression-Spinal Stenosis Market, By Diagnosis

Chapter 7 Global Spinal Cord Compression-Spinal Stenosis Market, By Treatment

Chapter 8 Global Spinal Cord Compression-Spinal Stenosis Market, By Implants

Chapter 9 Global Spinal Cord Compression-Spinal Stenosis Market, By End Users

Chapter 10 Global Spinal Cord Compression-Spinal Stenosis Market, By Region

Chapter 11 Competitive Landscape

Chapter 12 Company Profile

Chapter 13 Conclusion

Chapter 14 Appendix

...CONTINUED

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Posted by Vivian Dsena on Friday December 01 2017, 11:45 AM EST. All trademarks acknowledged. Filed under Uncategorized. Comments and Trackbacks closed. Follow responses: RSS 2.0