Interlaminar Device Market Size & Share, by Product Type (Interspinous Distraction Devices, Coflex Device); Surgery Type (Open Surgery, Minimally Invasive Surgery); End-user (Hospitals, Clinics, Ambulatory Surgical Centers, Skilled Nursing Facilities) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2023-2035

  • Report ID: 3974
  • Published Date: Aug 07, 2023
  • Report Format: PDF, PPT

Global Market Size, Forecast, and Trend Highlights Over 2023 - 2035

Interlaminar Device Market size is predicted to reach USD 930 Million by the end of 2035, growing at a CAGR of 6% during the forecast period, i.e., 2023 – 2035. In the year 2022, the industry size of interlaminar device was USD 558.4 Million. The reason behind the growth is the surging rate of minimally invasive spine surgeries. For instance, to treat spinal conditions such as spinal stenosis, an interlaminar device is frequently used to reduce pain and offer the required support to the spine. According to the data published in 2020, more than 300 million surgeries are performed each year.

The growing advancements in spine surgery technologies across the globe are believed to fuel market growth. For instance, newer and safer techniques are being developed which result in shorter stays in hospitals and are known to be more effective.


Interlaminar Device Market
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Global Interlaminar Device Sector: Growth Drivers and Challenges

Growth Drivers

  • Upsurge in Diabetes Mellitus Cases- Numerous spine conditions, such as spinal stenosis, spondylolisthesis, and disc herniation, can be brought on by diabetes. These conditions can make it difficult to walk or stand for extended periods because they can induce discomfort in the spine, numbness, and weakness in the legs and back. People with diabetes may experience excessively high blood sugar levels. This can harm blood vessels and nerves all over the body, including the blood vessels and nerves in the spine. Spinal problems may result from injury to these nerves and blood vessels.                  
  • Growing Cases of Sports Injuries – Chronic back pain can be caused by sports injuries which may be treated by interlaminar devices. Therefore, with a surge in the incidence of sports injuries, the market demand is also expected to increase.  Approximately 9% of all new cases of spinal cord injuries in the United States are related to sports activities.
  • The Presence of Large Medical Equipment Manufacturers-The improvement of the medical facilities and the implementation of innovative health-related initiatives by manufacturers are factors also expected to spur the market expansion. In Poland, for instance, between 2004 and 2020, nearly 14,000 projects related to healthcare were executed.

Challenges

  • Unavailability of Proper Healthcare Infrastructure in Underdeveloped Nations - The lack of proper medical facilities is one of the major factors predicted to slow down the market growth. For instance, the unavailability can result in a lack of awareness about interlaminar devices which can lead to delayed treatment in underdeveloped regions.
  • Availability of Alternate Treatments
  • Lack of Skilled Professionals

Global Interlaminar Device Market: Key Insights

Base Year

2022

Forecast Year

2023-2035

CAGR

~6 %

Base Year Market Size (2022)

~ USD 558.4 Million

Forecast Year Market Size (2035)

~ USD 930 Million

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Interlaminar Device Segmentation

End-User Industry (Hospitals, Clinics, Ambulatory Surgical Centers, Skilled Nursing Facilities)

The hospitals segment in the interlaminar device market is estimated to gain a robust revenue share in the coming years owing to the increasing spending on hospitals across the globe. Hospitals may be able to invest in advanced interlaminar devices as a result of increased funding. This will also enable access to more resources within hospital premises and will lead to more patients looking for the treatment of chronic pain.

Surgery Type- (Open Surgery, Minimally Invasive Surgery)

The minimally invasive surgery segment is set to garner a notable share shortly on account of rising cases of chronic disorders. Chronic conditions such as chronic pain can be treated with minimally invasive surgery, as it causes less pain and increases the recovery rate, which often involves the use of tools including interlaminar devices, and neurostimulator devices.

Our in-depth analysis of the global market includes the following segments:

     Product Type

  • Interspinous Distraction Devices
  • Coflex Device

     Surgery Type

  • Open Surgery
  • Minimally Invasive Surgery

     End User

  • Hospitals
  • Clinics
  • Ambulatory Surgical Centers
  • Skilled Nursing Facilities

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Interlaminar Device Industry- Regional Synopsis

North American Market Statistics

The interlaminar device market in North America is predicted to account for the largest share of 38 % by the end of 2035. The market growth in the region is impelled by the rising adoption of interlaminar devices in the region. Countries such as the US, Mexico, and Canada are reported to have rising cases of spinal cord injuries resulting from road traffic accidents, falls, or rising aging populations. For instance, in the U.S., 21.5% of adults were found to include sports and exercise in their daily routines in 2021. Further, this is most likely to rise the demand for the interlaminar device in the area as it is used to stabilize the spine and protect it from any severe damage.

European Market Forecast

The European interlaminar device market is estimated to be the second largest with a share of 26%, during the forecast timeframe. The European market is poised to observe a dominant market for interlaminar devices as a result of better healthcare infrastructure, greater awareness, an improved reimbursement picture, and expanding insurance coverage.

Research Nester
Interlaminar Device Market Size
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Companies Dominating the Interlaminar Device Landscape

top-features-companies
    • NuVasive, Inc.
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Zimmer Biomet
    • Life Spine, Inc.
    • Xtant Medical
    • Alphatec Holdings, Inc.
    • Amedica Corporation
    • Paradigm Health System
    • Bioventus LLC
    • Medical Device Business Services, Inc.
    • Meditech Spine, LLC

In-the-news

In The News

  • Xtant Medical introduced Matriform Si designed with Beta-tricalcium phosphate and porcine collagen for spinal fusion. It is a resorbable, osteoconductive product that boosts new bone formation and mechanical stability.
  • Bioventus LLC launched SIGNAFUSE Bioactive Bone Graft made up of over 5o% bioglass by weight. Further, the product is in a new strip format that helps patients who need important treatments, such as correcting spinal deformities.

Author Credits:  Radhika Gupta, Shivam Bhutani


  • Report ID: 3974
  • Published Date: Aug 07, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Growing Cases of Sports Injuries and the growing advancements in spine surgery technologies across the globe are the major factors driving the market growth.

The market size of plasma espresso machines is anticipated to attain a CAGR of ~6% over the forecast period, i.e., 2023 – 2035.

The major players in the market are NuVasive, Inc., Zimmer Biomet, Life Spine, Inc., Xtant Medical, Alphatec Holdings, Inc., and others.

The hospital segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.

The market in the North America region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.
Interlaminar Device Market Report Scope
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