Interlaminar Device Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: NuVasive, Life Spine, Lanx acquired by BioMet, X-Spine, Pioneer Surgical

The global Interlaminar Device market is expected to grow at a CAGR of 5.6% during the forecast period 2022 – 2027.

Interlaminar Device Market Overview

Interlaminar device generally refers to the condition defined by the compression of nerve roots and shortening of the spinal canal as a result of numerous pathologic causes, which further leads to symptoms such as pain with a tingling sensation, numbness, and weakness. The cervical, lumbar, or thoracic (rarely) spines may all have spinal stenosis. The development of sophisticated bone grafting products, the rise in spinal illnesses, technological developments in spine surgery, and the growing popularity of minimally invasive spine procedures are just a few of the causes contributing to the interlaminar device's growth. Additionally, major firms throughout the world concentrate on technological developments to increase the effectiveness of interlaminar devices, broaden their market applicability, and support creative growth potential. Furthermore, presenting a unique product to the market allows organizations to gain a competitive advantage and improve product acceptance. Furthermore, the rising incidence of road accidents or traffic injuries worldwide is expected to enhance global market growth in the future. The World Health Organization (WHO) estimates that 1.3 million people worldwide have their lives cut short as a result of a road traffic accident each year. Between 20 and 50 million people experience non-fatal injuries, and many of them become disabled as a result. Additionally, rising rates of diabetes mellitus and serious infections that harm the spinal cord, such as meningitis and spinal epidural abscess, are anticipated to fuel global market expansion in the coming years.

Industry News and Updates

Jan. 5, 2022: NuVasive Receives FDA Clearance for Expanded Indications of Use for Attrax Putty with Company's Thoracolumbar Interbody Portfolio --

NuVasive, Inc. (NASDAQ: NUVA), the leader in spine technology innovation, focused on transforming spine surgery with minimally disruptive, procedurally integrated solutions, today announced the Company received U.S. Food and Drug Administration (FDA) 510(k) clearance for expanded indications of use for Attrax® Putty with its comprehensive thoracolumbar interbody portfolio for spine surgery. Attrax Putty is the first synthetic biologic to receive indications for use in interbody fusions of the thoracolumbar spine.

What are the major Applications, Types and Regions for Interlaminar Device Market?

Market is segmented based on the type, applications, companies and regions.

By Type, it is segmented into

• Interspinous Distraction Devices


• Coflex Device

By Application, it is segmented into

• Hospitals


• Ambulatory Surgical Centers


• Specialty Clinics


• Others

Interlaminar Device Market Regional Analysis

The market in North America is expected to grow the fastest during the projected period, owing to an increasing number of patients suffering from spinal cord injuries and the region's well-established healthcare infrastructure. High health spending, particularly in the United States, is also anticipated to support market expansion in the area in the next years. The Centers for Medicare & Medicaid Services (CMS) estimate that healthcare spending in the United States would increase by 9.7% in 2020 to reach USD 4.1 trillion. The amount spent on health represented 19.7% of the country's GDP. The European region is poised to observe a dominant demand for interlaminar devices as a result of better healthcare infrastructure, greater awareness, an improving reimbursement picture, and expanding insurance coverage. Other variables that contribute to this trend in Europe include increased senior populations, increasing degenerative spine disease treatment rates, technological advancements in medicine, and a rise in desire for minimally invasive procedures.

• North America
  
  
  
  
  • US
  
  
  • Canada
  
  
  
  


• Europe
  
  
  
  • Germany
  
  
  • France
  
  
  • UK
  
  
  • Italy
  
  
  • Spain
  
  
  • Rest of Europe
  
  
  
  


• Asia-Pacific
  
  
  
  • China
  
  
  • Japan
  
  
  • India
  
  
  • Australia
  
  
  • South Korea
  
  
  • Rest of Asia-Pacific
  
  
  
  


• Rest of the World
  
  
  
  • Middle East & Africa
  
  
  • Latin America
  
  
  
  

The Interlaminar Device Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Interlaminar Device Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.

What is our Interlaminar Device Market report scope?

Key Takeaways from this Interlaminar Device Market Report

• Evaluate Interlaminar Device market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.


• Understand the different dynamics influencing the market - growth driving factors, specific challenges and hidden opportunities.


• Get in-depth insights on your competitor performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis and more.


• Analyze the sales and distribution channels across geographies to enhance top-line revenues.


• Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies in your processes.


• Get a quick outlook on the Interlaminar Device market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.


• Evaluate the import-export statistics, supply-demand and competitive landscape for more than top 20 countries globally for the market.

Frequently Asked Questions

What is the growth rate of Interlaminar Device Market?

The Interlaminar Device Market is growing at a CAGR of 5.6% over the next 5 years.

Who are the key players in Interlaminar Device Market?

NuVasive, Life Spine, Lanx acquired by BioMet, X-Spine, Pioneer Surgical, Spine Frontier, Amedica Corp., Camber Spine Technologies, DePuy Synthes, Implanet, Mazor Robotics, Zimmer Biomet, Xtant Medical, Alphatec Holdings, Inc., Paradigm Health System, Bioventus LLC, Medical Device Business Services, Inc., Meditech Spine, LLC

What are the significant types of Interlaminar Device Market?

Interspinous Distraction Devices, Coflex Device

What are the major end-use applications of Interlaminar Device Market?

Hospitals, Ambulatory Surgical Centers, Specialty Clinics, Others

All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.