Wilmington, Delaware, United States, Transparency Market Research Inc. – A spinal column is nerve tissue that runs from the base of the skull down the center of the back. The spinal cord and membranes are surrounded by the vertebrae. The spinal curve and the brain make up the central nervous system (CNS).
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Spinal curve is broadly classified into three major parts: cervical curve, thoracic curve, and lumbar curve. The cervical spine consists of seven vertebrae.
Cervical implants are devices surgeons use to decompress and stabilize the spine. In the cervical region, breakage occurs in the vertebrae called cervical fracture. These fractures are related with ligament injuries and epidural hematoma causing pressure on the spinal cord or nerve roots, which could cause severe pain.
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A cervical implant is done to support the fractured or injured cervical spine. Plates, rods, and screws are types of implant devices used to fix on the vertebra to support the injured bone. Two types of implants are used: anterior and posterior. A surgeon uses a specific type of implant for surgery depending on the injuries and type of fracture. Cervical implants are used to correct deformities, fusion facilitation, and stabilize the spine.
Global Cervical Implants Market: Key Drivers and Restraints
Increase in incidence of spinal diseases such as cervical myelopathy, lumbar myelopathy, and thoracic myelopathy, and spinal injury surgery drives demand for spinal surgical procedures
According to the World Health Organization (WHO), globally, between 250,000 and 500,000 people suffer a spinal cord injury (SCI) every year.
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Most of the spinal cord injuries are due to preventable causes such as road traffic crashes, falls, or violence. Increase in incidence of motor vehicle accidents is the leading cause of SCI in younger individuals, while falls is a major cause of SCI among people aged over 65. Hence, increase in demand for spinal surgeries is likely to fuel the growth of the global cervical implants market during the forecast period.
Technological advancements will provide surgeons with adjustability and flexibility to meet the anatomical challenges during treatment. Improving healthcare infrastructure, economic growth, and broadening of insurance coverage is expected to propel the global market during the forecast period.
However, high cost of the procedure, and continuous precautions after surgery are likely to hamper the growth of the global market.
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North America to Capture Major Share of Global Cervical Implants Market
North America is projected to dominate the global cervical implants market during the forecast period due to increase in number of spinal surgeries
According to the National Spinal Cord Injury Association, around 450,000 people in the U.S. are living with a spinal cord injury (SCI)
The market in Asia Pacific is anticipated to grow at a rapid pace during the forecast period due to increase in the geriatric population and rise in prevalence of bone diseases. According to data published by the United Nations Population Fund (UNFPA), one in four people in Asia Pacific will be aged over 60 by 2050. The population aged over 60 in the region will triple between 2010 and 2050, reaching around 1.3 billion. According to the World Health Organization (WHO), the population in WHO Southeast Asia Region is aging rapidly. The proportion of people aged 60 or above was 9.8% in 2017 and is likely to increase to 13.7% and 20.3% by 2030 and by 2050, respectively.
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Major players operating in the global cervical implants market are:
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