Spinal Laminoplasty Market - Forecast(2024 - 2030)

Report Code: HCR 0824 Report Format: PDF + Excel

Spinal Laminoplasty Market Report Overview

Spinal Laminoplasty Market size in 2020 is estimated to be $5.1 Billion, growing at a CAGR of 4.3% during the forecast period 2021-2026. Spinal Laminoplasty is a spinal surgery used to reduce pressure surrounding the spinal canal and nerve structures due to its compression against the wall of spinal cord. It is a minimally invasive procedure. Spinal laminoplasty tends to create extra space in the spinal canal by opening made in the vertebral lamina region for easy movement of the spinal cord. Increasing prevalence of spinal disorder such as spinal stenosis, spina bifida, spinal tumours, spondylotic, rheumatoid arthritis, and catastrophic kyphosis in the geriatric population are the major factors driving the growth of the market. Moreover, growing technological advancement in spine surgery coupled with rising adoption of minimally invasive spine surgeries further enhance the overall market demand for Spinal Laminoplasty during the aforesaid period.

Spinal Laminoplasty Market Report Coverage

The report: “Spinal Laminoplasty Market – Forecast (2021-2026)”, by IndustryARC, covers an in-depth analysis of the following segments of the Spinal Laminoplasty Market:

By Technology: Spine fusion, Spine Biologics, Decompression, and Motion Preservation
By Vertebral Position: Cervical Laminoplasty, Thoracic Laminoplasty, Lumbar Laminoplasty, and Sacral Laminoplasty.
By Type of Surgery: Open surgeries, and Minimally Invasive surgeries.
By Geography: North America (U.S., Canada, Mexico), Europe (Germany, U.K., France, Italy, Spain, Russia and Others), Asia Pacific (China, Japan, India, South Korea, Australia & New Zealand and Others), South America(Brazil, Argentina and others), and Rest of the World (Middle East and Africa)

Key Takeaways

  • In 2020, North America dominates the Spinal Laminoplasty Market owing to rising awareness about spinal laminoplasty among patients.
  • Increasing developments in healthcare infrastructure across the globe is driving the market growth of Spinal Laminoplasty. 
  • Detailed analysis of the Strength, Weakness, and opportunities of the prominent players operating in the market will be provided in the Spinal Laminoplasty Market report.
  • High cost of spinal surgery and uncertainties surrounding reimbursement are challenging the growth of the market.

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Spinal Laminoplasty Market Segment Analysis - By Technology

Based on the Technology, Spinal Laminoplasty Market is segmented into Spine fusion, Spine Biologics, Decompression, and Motion Preservation. The spinal fusion segment is estimated to dominate the market during the period 2021-2026. This is attributed to rising number of spinal fusion surgeries worldwide coupled with rising advancement in spinal fusion techniques. The motion preservation segment is forecast to be the fastest-growing segment and is projected to grow at a CAGR of 3.8% during the period 2021-2026. This is mainly owing to its shorter recovery and rehabilitation process coupled with better spine movement and flexibility traction.

Spinal Laminoplasty Market Segment Analysis - By Vertebral Position

Based on the Vertebral Position, Spinal Laminoplasty Market is segmented into Cervical Laminoplasty, Thoracic Laminoplasty, Lumbar Laminoplasty, Sacral Laminoplasty. In 2020, Cervical Laminoplasty is estimated to hold major share in the market. This is mainly owing to laminoplasty usage. Moreover, rising cases of spine disorder such as cervical spondylotic myelopathy, and catastrophic kyphosis resulting in neck, or arm pain are also contributing to the dominance of this segment. Also, Lumbar laminoplasty is projected to grow with a CAGR of 4.1% over the period 2021-2026. This is owing to its effectiveness and increasing adoption.

Spinal Laminoplasty Market Segment Analysis - By Geography

North America dominated the Spinal Laminoplasty market share accounting for 40% of the market in 2020. This is mainly owing to rising incidence of spine stenosis among the people across the countries such as U.S., Canada and others which contributes to increase in adoption of spinal laminoplasty. According to, North American Spine Society, spine stenosis is most commonly disorder in the U.S. However, the Asia-Pacific region is projected to be the fastest-growing over the period 2021-2026. This is owing to improving healthcare infrastructure coupled with rising advancement in spine surgery technology.

Spinal Laminoplasty Market Drivers

Increasing Prevalence of Spine Disorder

Increasing prevalence of spine disorder such as spine stenosis, spondylotic, rheumatoid arthritis in the geriatric population is driving the growth of Spinal Laminoplasty market. According to Australian Bureau of statistics 2017-18 National Health, approximately 16% of the population are suffering from back pain problem which accounts for 4 million people in Australia. Moreover, rising number of spine surgeries in outpatient settings is also leading to the market growth. 

Rising Technological Advancement

Increase in research and development of advanced technology for spine surgery is also driving the market. Advanced technologies such as computer-assisted image-guided technology offer improved spinal surgery and are much more effective. Also, the increasing adoption of minimally invasive technology for spine surgery is also set to the growth of Spinal Laminoplasty Market. 

Spinal Laminoplasty Market Challenges

High capital expenditure required for these procedure owing to usage of advance technology for improved spine surgery is challenging the market. Along with this, the uncertainties of reimbursement are also further challenging the growth of the market. 

Covid-19 Impact

Moreover, the outbreak of COVID-19 around the world has impacted all industries including healthcare industry. Covid- 19 affects the spinal laminoplasty market including drastic reduction in emergency surgical procedures and also overall admission to the Emergency department (ED). Also owing to widespread of coronavirus, it affects workforce and staffing issues, procedural prioritisation as well as impact of spine laminoplasty. This affects Spinal Laminoplasty market by cancellation of scheduled surgery and shift of surgeons to the other area.

Spinal Laminoplasty Industry Outlook

Product launches, Merger & Acquisitions, joint ventures and R&D activities are key strategies adopted by players in the Spinal Laminoplasty Market. Spinal Laminoplasty top 10 companies are DePuy Synthes, Zimmer Spine, Medtronic, Pioneer Surgical Technologies, Cryo Life, Synthes Spine, Replication Medical, Arthro Kinetics, NuVasive and Pioneer Surgical Technologies

Acquisitions/Product Launches:

  • In January 2020, Medtronic acquired Illinois based company Stimgenics, LLC, that has pioneered a novel spinal cord stimulation (SCS) waveform known as Differential Target Multiplexed (DTM) Spinal Cord Stimulation. This acquisition will help Medtronic to enhance customer experience.
  • In November 2019, NuVasive, Inc., launched its new C360 cervical spine portfolio, as well as Anterior Cervical Plating (ACP) system. These products are designed to improve the quality of care for spine area.

Relevant Reports:

Report Code: HCR 81708

Report Code: HCR 20888

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1. Spinal Laminoplasty Market Overview
    1.1Definitions and Scope
2. Spinal Laminoplasty Market - Executive Summary
    2.1Market Size and Key Trends
    2.2Key trends by Technology
    2.3 Key trends by Vertebral Position
    2.4Key trends by Type of Surgery
    2.5Key trends by Geography
3. Spinal Laminoplasty Market Landscape
    3.1Market Share Analysis- Key Companies
    3.2Product Benchmarking- Key Companies
    3.3Financial Analysis - Key Companies
    3.4Patent Analysis
    3.5Pricing Analysis
4. Spinal Laminoplasty Market - Startup companies Scenario Premium Premium
    4.1Key startup company Analysis by
        4.1.1 Investment
        4.1.2 Revenue
        4.1.3 Analysis
        4.1.4 Venture Capital and Funding Scenario
5. Spinal Laminoplasty Market - Industry Market Entry Scenario Premium Premium
    5.1 Regulatory Framework Overview
    5.2 New Business and Ease of Doing business index
    5.3 Case Studies of successful ventures
6. Spinal Laminoplasty Market Forces
    6.1 Market Drivers
    6.2 Market Constraints/Challenges
    6.3 Porters Five Force Model
        6.3.1 Bargaining Power of Suppliers
        6.3.2 Bargaining Powers of Customers
        6.3.3 Threat of New Entrants
        6.3.4 Rivalry Among Existing Players
        6.3.5 Threat of Substitutes
7. Spinal Laminoplasty Market - Strategic Analysis
    7.1Value Chain Analysis
    7.2Opportunities Analysis
    7.3Market Life Cycle
8. Spinal Laminoplasty Market – By Technology (Market Size -$Million/$Billion)
    8.1 Spine fusion
    8.2 Spine Biologics
    8.3 Decompression
    8.4 Motion Preservation
9. Spinal Laminoplasty Market – By Vertebral Position (Market Size -$Million/$Billion)
    9.1 Cervical Laminoplasty
    9.2 Thoracic Laminoplasty
    9.3 Lumbar Laminoplasty
    9.4 Sacral Laminoplasty
10. Spinal Laminoplasty Market- By Type of Surgery (Market Size -$Million/$Billion)
    10.1 Open surgeries
    10.2 Minimally Invasive surgeries
11. Spinal Laminoplasty Market- By Geography (Market Size -$Million/$Billion)
    11.1 North America
        11.1.1 U.S.
        11.1.2 Canada
        11.1.3 Mexico
    11.2 Europe
        11.2.1 U.K.
        11.2.2 Germany
        11.2.3 France
        11.2.4 Italy
        11.2.5 Spain
        11.2.6 Russia
        11.2.7 Rest of Europe
    11.3 Asia-Pacific
        11.3.1 China
        11.3.2 Japan
        11.3.3 South Korea
        11.3.4 India
        11.3.5 Australia & New Zealand
        11.3.6 Rest of Asia-Pacific
    11.4 South America
        11.4.1 Brazil
        11.4.2 Argentina
        11.4.3 Rest of South America
    11.5 Rest of the World
        11.5.1 Middle East
        11.5.2 Africa
12. Spinal Laminoplasty Market – Entropy
13. Spinal Laminoplasty Market - Industry / Segment Competition landscape Premium Premium
    13.1 Market Share Analysis
        13.1.1 Market Share by Country- Key companies
        13.1.2 Market Share by Region- Key companies
        13.1.3 Market Share at Global Level- Key companies
        13.1.4 Best Practices for Companies
14. Spinal Laminoplasty Market- Key Company List by Country Premium Premium
15. Spinal Laminoplasty Market Company Analysis
    15.1 Company Revenue, Products, M&A, Developments
    15.2 Company 1
    15.3 Company 2
    15.4 Company 3
    15.5 Company 4
    15.6 Company 5
    15.7 Company 6
    15.8 Company 7
    15.9 Company 8
    15.10 Company 9
    15.11 Company 10

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