North American Spinal Implants market is anticipated to grow at a CAGR around 5.2% during the forecast period. North American spinal implants market owing to the rising number of spinal fusion procedures and technological innovations in spine implants. The increase in spinal fusion surgeries has been primarily resulting in the country owing to the significant aging population base in the North America. The aging effects can lead to the narrowing of the spinal canal, which increases the risk of spinal stenosis. As per the Population Reference Bureau (PRB), the number of Americans aged 65 and older is projected to nearly double from 52 million in 2018 to 95 million by 2060, and their share of the total population will rise from 16% to 23%. The rising aging population is accelerating the demand for spine surgeries, which thereby contributes to the adoption of spinal implants in the North America. 

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Geographically, the North American Spinal Implants market is segmented into US and Canada. The US is estimated to be significant growth rate during the forecast period. Moreover, Canada is estimated to grow at the highest rate in the market over the forecast period.

North American Spinal Implants market is segmented on the basis of type, material and end-user. Based on type, the market is segmented into fusion implants and non-fusion implants. Based on material, the market is segmented into metallic, polymeric and ceramic. Based on end-user, the market is segmented into hospitality & clinics and ambulatory surgical centers.

The key players that are active in the market include Aesculap Inc., Alphatec Spine Inc., Aspen Medical Products, LLC, Atlas Spine, Inc, Aurora Spine Corp., Axial Medical Inc., ChoiceSpine, CTLAmedica, Corp., Fuse Medical Inc. and Globus Medical Inc. The market players are considerably contributing to the market growth by the adoption of various strategies including new product launch, merger, and acquisition, collaborations with government, funding to the start-ups and technological advancements to stay competitive in the market.

Research Methodology

The market study of the North American Spinal Implants market is incorporated by extensive primary and secondary research conducted by the research team at OMR.  Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macro-economic factors. Numbers extracted from Secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.

Secondary Sources Include

• Financial reports of companies involved in the market.
• Whitepapers, research-papers, and news blogs.
• Company websites and their product catalog.

The report provides an in-depth analysis of market size, intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.

Market Segmentation

1. North American Spinal Implants Market Research and Analysis by Type

2. North American Spinal Implants Market Research and Analysis by Material

3. North American Spinal Implants Market Research and Analysis by End-User

The Report Covers

• Comprehensive research methodology of the North American Spinal Implants market.
• This report also includes a detailed and extensive market overview with key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the North American Spinal Implants market.
• Insights about market determinants which are stimulating the North American Spinal Implants market.
• Detailed and extensive market segments with regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.