India Spinal Implants And Devices Market Size & Outlook
India spinal implants and devices market, 2018-2030 (US$M)
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India spinal implants and devices market highlights
- The India spinal implants and devices market generated a revenue of USD 343.2 million in 2023 and is expected to reach USD 599.7 million by 2030.
- The India market is expected to grow at a CAGR of 8.3% from 2024 to 2030.
- In terms of segment, spinal fusion devices was the largest revenue generating product in 2023.
- Vertebral Compression Fracture Treatment Devices is the most lucrative product segment registering the fastest growth during the forecast period.
Spinal implants and devices market data book summary
| Market revenue in 2023 | USD 343.2 million |
| Market revenue in 2030 | USD 599.7 million |
| Growth rate | 8.3% (CAGR from 2023 to 2030) |
| Largest segment | Spinal fusion devices |
| Fastest growing segment | Vertebral Compression Fracture Treatment Devices |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Spinal Fusion Devices, Spinal Biologics, Vertebral Compression Fracture Treatment Devices, Non-fusion Devices, Spinal Bone Growth Stimulators |
| Key market players worldwide | Medtronic PLC, Johnson & Johnson, Stryker Corp, NuVasive, Zimmer Biomet Holdings Inc, Globus Medical Inc Class A, Alphatec Spine, Orthofix Medical Inc, Ulrich Medical USA, B. Braun, RTI Surgical - cardiothoracic closure, SeaSpine |
Other key industry trends
- In terms of revenue, India accounted for 2.6% of the global spinal implants and devices market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, Japan spinal implants and devices market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 599.7 million by 2030.
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Spinal Implants And Devices Market Scope
Spinal Implants And Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
India spinal implants and devices market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to spinal implants and devices market will help companies and investors design strategic landscapes.
Spinal fusion devices was the largest segment with a revenue share of 59.56% in 2023. Horizon Databook has segmented the India spinal implants and devices market based on spinal fusion devices, spinal biologics, vertebral compression fracture treatment devices, non-fusion devices, spinal bone growth stimulators covering the revenue growth of each sub-segment from 2018 to 2030.
- India Spinal Implants And Devices Product Outlook (Revenue, USD Million, 2018-2030)
- Spinal Fusion Devices
- Thoracic & Lumbar Fusion Devices
- Cervical Fusion Devices
- Spinal Biologics
- Allografts
- Xenografts
- DBM
- BMP
- Synthetic Bone Grafts
- Vertebral Compression Fracture Treatment Devices
- Non-fusion Devices
- Spinal Bone Growth Stimulators
- Spinal Fusion Devices
- India Spinal Implants And Devices Technology Outlook (Revenue, USD Million, 2018-2030)
- Spinal Fusion and Fixation Technologies
- Vertebral Compression Fracture Treatment
- Vertebroplasty
- Kyphoplasty/Vertebral Augmentation
- Motion Preservation Technologies
- India Spinal Implants And Devices Surgery Type Outlook (Revenue, USD Million, 2018-2030)
- Open Surgery
- Minimally Invasive Surgery
- India Spinal Implants And Devices Procedure Type Outlook (Revenue, USD Million, 2018-2030)
- Discectomy
- Laminotomy
- Foraminotomy
- Corpectomy
- Facetectomy
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Target buyers of India spinal implants and devices market databook
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Our clientele includes a mix of spinal implants and devices market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the India spinal implants and devices market , including forecasts for subscribers. This country databook contains high-level insights into India spinal implants and devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India spinal implants and devices market size, by product, 2018-2030 (US$M)
India Spinal Implants And Devices Market Outlook Share, 2023 & 2030 (US$M)
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