Orthopedic Devices are used to treat the disorders and injuries of the musculoskeletal system of human body. Spinal Surgery includes devices used in the surgical treatment of degenerative disc diseases, intra-vertebral fractures and scoliosis. Spinal Fusion is a surgical intervention that involves joining two vertebrae in the spine to form a single solid bone, with the involvement of certain devices, in order to relieve pain. GlobalData uses proprietary data and analytics to provide a comprehensive report on the spinal fusion devices market, including market shares of different players within New Zealand. Buy the latest report here.
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In 2023, GlobalData’s Market Model methodology determined that the leading player in the spinal fusion market in New Zealand was Medtronic followed by Stryker, DePuy Synthes, Globus Medical and ZimVie.
Spinal Fusion interventions are mainly performed on cervical and thoraco-lumbar regions. Spinal Fusion is a surgical intervention that involves joining two vertebrae in the spine to form a single solid bone, with the involvement of certain devices, in order to relieve pain. Spinal Fusion is performed by conventional and Minimally Invasive Surgery (MIS) methods. Conventional methods include all open surgical methods that used for performing spinal interventions. Depending on the site of incision (surgical approach), thoraco-lumbar fusion interventions are divided into anterior, posterior and lateral fusion interventions. Depending on the level of surgery performed, cervical fusion interventions are classified into one-level and two-level whereas thoraco-lumbar fusion interventions are classified into one, two and three-level. One-level, two-level and three-level surgeries involve the fusion of two, three and four vertebral segments respectively. Conventional methods of spinal fusion interventions are tracked whereas MIS fusion interventions are excluded. Spinal Plating Systems, Pedicle Screw Systems, Interbody Devices are the devices used in conventional spinal fusion interventions. Spinal Plating Systems, Pedicle Screw Systems and Interbody Devices are covered. The Spinal Plating System is an implant used to treat patients with degenerative disc disease, spondylolisthesis, spinal stenosis or fractures. Pedicle Screws are placed above and below the vertebrae in a spinal fusion intervention to add extra support and strength during the healing process. Interbody Fusion Cage devices use a hollow threaded titanium or carbon fiber cylinder to fuse two vertebrae together to treat degenerative disc disease to provide fixation.
The value of the spinal fusion devices market within New Zealand was expected to be over $6m in 2023.
For the latest complete market share analysis of spinal fusion device market in New Zealand, buy the report here.
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The medical devices pipeline data used in this article were obtained from the Medical Pipeline Products Database of GlobalData’s Medical Intelligence Center. Pipeline Products database is a comprehensive source of information on medical devices, it covers 39K products which are in development stage and intended for diagnosis, treatment, and management of diseases/conditions/symptoms directly or indirectly. The pipeline products included in the database are sourced from reliable and authenticated sources, such as company websites, SEC filings, conference presentations, analyst presentations, news releases, clinical trial registries, and grants. The information is collected by following systematic research techniques and proprietary methodology.
