The Asia Pacific spinal implant market will continue to experience strong growth throughout the forecast period. The uptake of premium innovations such as 3-D printed implants, nonfusion technologies, and minimally invasive devices, as well as positive impact that complementary robotic and navigation technologies are having on implant procedure outcomes, will drive the market. However, challenging reimbursement environments and implant commoditization will limit overall market potential. The growth rate will slow down to some extent by pricing constraints, especially in China where a volume-based procurement initiative is in place, which is placing downward pressure on ASPs in the country.
This Medtech 360 Report provides comprehensive data and analysis on the current state of the market for spinal implants in the Asia Pacific region from 2019 through 2032.
The implementation of volume-based procurement in China has impacted the spinal implant market.
How has this government initiative affected the market?
What aspects of the initiative have helped drive growth in the spinal implant space?
How has volume-based procurement affected MNCs versus local competitors?
What extent will procedure volumes grow within the Chinese market for spinal implants?
In a highly commoditized market, device manufacturers are innovating with engineered implant materials and enabling technologies.
Which traditional implant and IBD materials are growing in popularity?
What are the potential benefits of 3-D printing, and how will it affect the adoption of certain implants?
How has the strategic shift toward offering enabling technologies affected top manufacturers?
Demand for minimally invasive spinal surgery is driving market share growth.
Which interbody spinal fusion approaches are growing in adoption?
How does the uptake of premium-priced implants used in minimally invasive surgeries affect aggregate ASPs?
Table of Contents
Asia Pacific
Abstract
Executive Summary
COVID-19 Updates
Market Highlights
Competitive Highlights
Market Developments
Geographies Covered
Procedures Covered
Products Covered
Key Report Updates
Spinal Implant Market
Market Highlights
Key Content Updates
Market Definitions
Market Forecast Data
Market Shares
Competitive Insights
Medtronic
DePuy Synthes
Stryker
Other Key Competitors
Factors Affecting All Competitors
Market Developments
Traditional Thoracolumbar Implant Market
Market Highlights
Key Content Updates
Market Definitions
Market Forecast Data
Market Share Rankings
Competitive Insights
Asia Pacific Traditional Thoracolumbar Implant Market Competitive Insights
Factors Affecting All Competitors
Traditional Cervical Implant Market
Market Highlights
Key Content Updates
Market Definitions
Market Forecast Data
Market Share Rankings
Competitive Insights
Asia Pacific Traditional Cervical Implant Market Competitive Insights
Factors Affecting All Competitors
Interbody Device Market
Market Highlights
Key Content Updates
Market Definitions
Market Forecast Data
Market Share Rankings
Competitive Insights
Asia Pacific Interbody Device Market Competitive Insights
Factors Affecting All Competitors
Spinal Nonfusion Technology Market
Market Highlights
Key Content Updates
Market Definitions
Market Forecast Data
Market Share Rankings
Competitive Insights
Asia Pacific Spinal Nonfusion Technology Market Competitive Insights
Factors Affecting All Competitors
Appendix
Abbreviations
Bibliography
Methodology
Core Country Coverage Methodology
Research Methodology
Marketrack Methodology
PriceTrack Methodology
Forecast Methodology
Supplemental Country Coverage Methodology
Base-Year Ratio Analysis
Market Forecasting
Tables and Figures
Spinal Implant Market, by Procedure Type, Asia Pacific (USD), 2019-2032
Spinal Implant Market Landscape, Asia Pacific (USD), 2022 and 2032