Article -> Article Details
Title | Spinal Needles Market opportunities, Trends, Industry Analysis, and Forecast to 2023 |
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Category | Fitness Health --> Family Health |
Meta Keywords | Spinal Needles Market |
Owner | vinit |
Description | |
According to Market Research Future (MRFR), the global spinal
needles market is estimated to witness a sharp growth by 2023,
in terms of value and volume. In its recently published study report, MRFR also
asserts that the market would register a CAGR over 6.8% during the forecasted
period (2017 – 2023). The increasing prevalence of different neurological
diseases that are damaging brain and spinal nerves are driving the market
growth. The global spinal needles market is increasing rapidly,
mainly due to the rising cases of spinal disorders and injuries. Additionally,
the growing population is also supporting the market growth up to some extent.
Moreover, digital healthcare is manifesting a more global approach with group
practices and consolidations throughout spinal treatments markets, which, as a
result, is providing impetus to the growth of the market. Similarly, increasing numbers of patients suffering from
neurodegenerative disorders like Alzheimer’s and Parkinson’s disease are
fostering the growth of the spinal needles market. Besides, increasing healthcare
expenditures and governmental support for the research and development
contribute to the market growth. On the other hand, the development of
alternative diagnostic tests and misconception about spinal needles among
people impedes the growth of the market. Global Spinal Needles Market – Segments The report is segmented into five market dynamics to widen
the scope of understanding, By Type : Directional Spinal
Needles, Atraumatic Needle Tips, and Pencil-point Needles, among others. By Size: 24G, 25G, and 27G, among others. By Application: Diagnostics and
Therapeutics. By End-users: Hospitals, Clinics, among
others. By Regions: Europe, North America, Asia
Pacific, and the Rest-of-the-World (RoW). Industry/ Innovation/ Related News August 23, 2019 ---- SurGenTec LLC (the US), a
leading medical device company announced the receiving of FDA clearance for a
neurostimulation indication for its ALARA Neuro Access Needle Kit, used for
targeting and assisting in cannulating a pedicle. The needle system is
generally the first instrument used to perforate the pedicle wall before
advancing a guidewire, tap or pedicle screw. The company would have a
commercial exhibit at the upcoming North American Spine Society meeting in
Chicago, during September 25–28, 2019. March 20, 2019 ---- Brainlab Company (Germany),
a global pioneer of software-driven medical technology, announced the
acquisition of Medineering (Germany), a developer of application-specific
robotic technologies. Brainlab technology powers treatments in radiosurgery,
radiotherapy, and numerous surgical fields, including neurosurgery, orthopedic,
ENT, CMF, spine, and trauma. Global Competitive Analysis: The sector’s long term development can be captured by
continuing ongoing process improvements and sustaining financial fluidity to
invest in the best strategies. A trend of volume-driven growth has been
witnessed in the sector recently with the development of different varieties
and product types. The sector is also simultaneously undergoing substantial
transformation which has enhanced the growth pace of the sector. Companies are
focusing to capture a considerable share of the market segment as early as
possible, experimentation with various advantage points is being seriously
considered and implemented. The industry players in the segment are effectually
employing their primary resources to initiate long lasting growth. The top players in this market segment are Halyard Health (US), Boston Scientific (US), MYCO Medical (US), B. Braun (Germany), Medline Industries (US), Sarstedt (UK), BD (US), Smiths Medical (US), Exel International (US), Wallach Surgical (US) and Medtronic (UK) to name a few. |