China Spinal Implants Market Size, Industry Trends, Share and Forecast 2019-2025


Posted April 15, 2020 by mansi3210

China Spinal Implants Market Size, Share & Trends Analysis Report by Type By Material By End-User Forecast period

 
China Spinal Implants market is anticipated to grow at a CAGR around 5.7% during the forecast period. China is estimated to dominate the Asia-Pacific spinal implants market over the forecast period. Major factors that are augmenting the growth of the market in the country include surging aging population coupled with increasing chronic back pain problems and growing incidence of other spinal cord injuries that is likely to increase the chances of spinal implants. Aged people are more prone to develop chronic back pain than younger people; thereby increasing the aging population number in the country is a major factor that may lead to an increase in the prevalence of spinal cord disorders among people. According to the United Nations, the number of aged people in the country is projected to grow by 71% between 2015 and 2023. World Economic Forum stated that, in 2015, the number of aged people in China (136.9 million) surpassed Japan’s total population (126.9 million). Moreover, this number is projected to grow to 238.8 million, by 2030, which will be less than the combined total projected populations of Japan and Egypt (i.e.231.8 million).

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China 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.

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China Spinal Implants Market Segmentation

By Type

• Fusion Implants
• Non-Fusion Implants

By Material

• Metallic
• Polymeric
• Ceramic

By End-User

• Hospitals & Clinics
• Ambulatory Surgical Centers

Company Profiles

• B. Braun Melsungen
• Depuy Synthes
• Exactech
• Globus Medical
• Medtronic PLC
• Nutech
• Orthofix International
• Paragon Medical
• Stryker Corp.
• Zimmer Biomet Holdings

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Categories Business , Health , Medical
Tags health care , market analysis , market research , medical device
Last Updated April 15, 2020