Increased Cases of Spinal Disorders Generate Prominent Demand Opportunities for Motion Preservation Devices Market: TMR

ALBANY, N.Y, Nov. 30, 2020 /PRNewswire/ -- Motion preservation can be defined as a set of advanced surgical techniques.This surgical method is widely used across the worldwide healthcare sector asa promising substitutefor spinal arthrodesis. The global motion preservation devices market is presenting upward growth graph on the back of increasing demand from ambulatory surgical centers (ASCs), clinics and orthopedic centers, and hospitals.

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The global motion preservation devices market is all set to experience expansion at a CAGR of 10.6% during assessment period of 2019 to 2027, as highlighted by the analysts at TMR. They further emphasize that the technological advancements in the worldwide healthcare sector is one of the key factors driving the growth of this market.

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Key Findings of Motion Preservation Devices Market Report

    --  The global motion preservation devices market is foreseen to develop at
        10.6% CAGR during 2019-2027.
    --  The market is estimated to gather the valuation of US$ 1501.9 Mn by 2027
        end.
    --  In 2018, total valuation of motion preservation devices market was
        approximately US$ 611.5 Mn.
    --  Among all products, the total disc replacement devices segment was
        dominant market segment in 2018.
    --  On regional front, North America held a lion's share of the motion
        preservation devices market in 2018.
    --  The nature of the global motion preservation devices market is highly
        fragmented.

Explore 157 pages of top-notch research, incisive insights, and detailed country-level projections on Motion Preservation Devices Market (Product - Total Disc Replacement Devices, Posterior Dynamic Devices, Prosthetic Nucleus Replacement Devices, Facet Replacement Devices; Surgery - Minimally Invasive Spine Surgery, Open Spine Surgery; End user - Hospitals, Clinics and Orthopedic Centers, Ambulatory Surgical Centers (ASCs)) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019 - 2027 at https://www.transparencymarketresearch.com/report-toc/59052

Motion Preservation Devices Market: Key Driving Factors and Promising Avenues

    --  The global motion preservation devices market is expanding at rapid pace
        on the back of remarkable increase in number of people living with
        numerous spinal disorder types.
    --  This aside, the market for motion preservation devices is gaining
        promising sales opportunities from all across the globe due to
        increasedacceptance of spinal surgery procedures,technological
        developments, and remarkable growth in worldwide older population.
    --  In recent period, major populace from across the world is inclined
        toward selecting minimally invasive procedures.This factor is generating
        demand opportunities in the motion preservation devices market.
    --  Presence of promising reimbursement policies is one of the important
        factors boosting market growth.

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Motion Preservation Devices Market: Competitive Assessment

    --  The global motion preservation devices market shows presence of many
        active enterprises. This situation indicates high level of competition
        in this market.Therefore, major vendors working in the market for motion
        preservation devices are using diverse organic as well as inorganic
        tactics to lead in this market andstrengthen their customer base across
        the globe.
    --  Major players in motion preservation devices market are focused on new
        products approvalsas well as the launch of superior quality products. To
        achieve this motive, they are growing investment in research activities.
    --  Similarly,many industry leaders are growing their interest in mergers
        and acquisition activities. This strategy is helping them strengthen
        their leading position in the market for motion preservation devices.
    --  Several players are entering into partnerships and collaboration
        agreements. They are using this strategy to grow their regional
        presence. All these activities assure the promising future of the global
        motion preservation devices market in the years ahead.
    --  The list of important companies working in the motion preservation
        devices market includes Paradigm Spine, Alphatec Holdings, Inc., Spinal
        Kinetics, Inc., Depuy Synthes (Johnson & Johnson), Zimmer Biomet
        Holdings, Inc., Globus Medical, Inc., Stryker, Medtronic, K2M, and
        Nuvasive.

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The motion preservation devices market is segmented as follows:

Product

    --  Total Disc Replacement Devices
    --  Posterior Dynamic Devices
    --  Facet Replacement Devices
    --  Prosthetic Nucleus Replacement Devices

Surgery

    --  Open Spine Surgery
    --  Minimally Invasive Spine Surgery

End-user

    --  Hospital
    --  Clinics & Orthopedic Centers
    --  Ambulatory Surgical Centers (ASCs)

Region

    --  North America
        --  U.S.
        --  Canada
    --  Europe
        --  Germany
        --  U.K.
        --  France
        --  Spain
        --  Italy
        --  Rest of Europe
    --  Asia Pacific
        --  China
        --  Japan
        --  Australia
        --  India
        --  Rest of Asia Pacific
    --  Latin America
        --  Brazil
        --  Mexico
        --  Rest of Latin America
    --  Middle East & Africa
        --  South Africa
        --  GCC Countries
        --  Israel
        --  Rest of Middle East & Africa

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