Report Details

Global Metallic Spinal Implants Market Size, Share, Forecast Report, 2020-2027

Global metallic spinal implants market is anticipated to grow at a CAGR around 5.1% during the forecast period. Most spinal implants are developed from metals, including stainless steel, titanium, or titanium-alloy, which in turn, has contributed to the largest share of metallic spinal implants market during the forecast period. Metals used in spinal implants include surgical grade stainless steel, cobalt-chromium (Co-Cr) alloys and pure commercial titanium or titanium alloys. Stainless steel has been in use for medical applications since 1990 and is used for non-permanent implants, for instance, internal fixation devices, due to its poor fatigue strength and liability to undergo plastic deformation.

Global Metallic spinal implants market is segmented on the basis of type, and end-user. Based on type, the market is segmented into stainless steel, cobalt chrome, and titanium. 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 Ametek Specialty Products, Aperam S.A., ATI Specialty Alloys & Components, Carpenter Technology Corp., CoreLink, Inc, PrinterPrezz, Inc., Nexxt Spine LLC., DePuy Synthes, Fort Wayne Metals, Johnson Matthey Plc, Medtronic, PLC., NuVasive, Inc., QuesTek Innovations LLC and Royal DSM.

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. Moreover, in January 2020, CoreLink announced the completion of the implantation of over 5,000 3D printed orthopedic devices using its proprietary Mimetic Metal technology. Mimetic Metal is an additively manufactured technology that combines a lattice framework and inner trabecular pores for emulating the structural, functional and physiological properties of bone. The design of Mimetic Metal tends to create anisotropic stiffness for helping with load transfer as bone density adapts to functional forces on the bone.

Research Methodology

The market study of the Global Metallic 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.