Spine Biologics Market Report by Product (Spinal Allografts, Bone Graft Substitutes, Cell Based Matrix), Surgery Type (Open Spine Surgery, Minimally Invasive Spine Surgery), End User (Hospitals, Ambulatory Care Centers, Spinal Surgery Centers, Orthopedic Clinics, and Others), and Region 2023-2028
The global spine biologics market size reached US$ 2.0 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 2.5 Billion by 2028, exhibiting a growth rate (CAGR) of 4.15% during 2023-2028.
Spine Biologics Market Size in 2022
US$ 2.0 Billion
Spine Biologics Market Forecast in 2028
US$ 2.5 Billion
Spine Biologics Market Growth Rate 2023-2028
Spine biologics are materials that alter the surrounding environment through active cellular processes. They promote growth and differentiation and aid in the repair and healing of an injury. They also reduce the frequency of primary or additional surgical procedures and decrease the disruption of soft tissue. At present, a wide variety of spine biologics are used as an alternative to conventional treatments. For instance, pedicle screws and rods find application in a spine fusion procedure to provide spinal stabilization, thereby promoting healing. Moreover, continuous advancements are promoting the repair and regeneration of cartilaginous and bony structures.
Spine Biologics Market Trends:
Spine fusion is utilized as a tool in the treatment of spine trauma, tumors, and degenerative disorders. However, its poor outcomes can lead to serious complications among patients. This, in confluence with a significant increase in the number of individuals with acute and chronic conditions represents one of the key factors positively influencing the use of spine biologics around the world. Spine biologics impact fusion at the cellular level, which helps achieve successful arthrodesis in the treatment of symptomatic deformity or instability. Moreover, there is a rise in the geriatric population globally, which is more susceptible to musculoskeletal conditions. This, along with the growing prevalence of orthopedic conditions, is catalyzing the demand for spine biologics worldwide. Apart from this, the escalating demand for non-surgical procedures is encouraging the use of spinal biologics in minimally invasive lumbar surgeries. Spine biologics are also gaining traction as a replacement for metal hardware and in individual natural bone grafts or allografts. Furthermore, the growing access to healthcare services on account of inflating income levels is contributing to market growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global spine biologics market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on product, surgery type and end user.
Breakup by Product:
Machined Bones Allograft
Demineralized Bone Matrix
Bone Graft Substitutes
Bone Morphogenetic Proteins
Synthetic Bone Grafts
Cell Based Matrix
Breakup by Surgery Type:
Open Spine Surgery
Minimally Invasive Spine Surgery
Breakup by End User:
Ambulatory Care Centers
Spinal Surgery Centers
Breakup by Region:
Middle East and Africa
The competitive landscape of the industry has also been examined along with the profiles of the key players being Arthrex Inc, Alphatec Holdings Inc., Exactech Inc, Johnson & Johnson, Medtronic plc, NuVasive Inc, Orthofix Medical Inc., Stryker Corporation, Wright Medical Group N.V. and Zimmer Biomet.
Base Year of the Analysis
Product, Surgery Type, End User, Region
Asia Pacific, Europe, North America, Latin America, Middle East and Africa
United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Arthrex Inc, Alphatec Holdings Inc., Exactech Inc, Johnson & Johnson, Medtronic plc, NuVasive Inc, Orthofix Medical Inc., Stryker Corporation, Wright Medical Group N.V. and Zimmer Biomet
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Key Questions Answered in This Report
The global spine biologics market was valued at US$ 2.0 Billion in 2022.
We expect the global spine biologics market to exhibit a CAGR of 4.15% during 2023-2028.
The rising prevalence of chronic orthopedic conditions, along with the increasing preference for spine biologics as an alternative to spinal orthoses, as it reduces the requirement of additional surgical procedures, is primarily driving the global spine biologics market.
The sudden outbreak of the COVID-19 pandemic had led to the postponement of elective surgical procedures to reduce the risk of the coronavirus infection upon hospital visits and interaction with medical equipment, thereby negatively impacting the global market for spine biologics.
Based on the product, the global spine biologics market can be segmented into spinal allografts, bone graft substitutes, and cell based matrix. Currently, bone graft substitutes hold the majority of the total market share.
Based on the surgery type, the global spine biologics market has been divided into open spine surgery and minimally invasive spine surgery, where minimally invasive spine surgery currently exhibits a clear dominance in the market.
Based on the end user, the global spine biologics market can be categorized into hospitals, ambulatory care centers, spinal surgery centers, orthopedic clinics, and others. Currently, hospitals account for the largest market share.
On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin America, and Middle East and Africa, where North America currently dominates the global market.
Some of the major players in the global spine biologics market include Arthrex Inc, Alphatec Holdings Inc., Exactech Inc, Johnson & Johnson, Medtronic plc, NuVasive Inc, Orthofix Medical Inc., Stryker Corporation, Wright Medical Group N.V., and Zimmer Biomet.
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