European Spinal Fusion & Fixation Market Research Report

The European spinal fusion & fixation devices market has witnessed dynamic market conditions, and is mainly driven by the aging population and the increasing prevalence of rheumatoid and osteoarthritis.

The report ‘The European Spinal Fusion & Fixation devices market forecast 2012-2014’ analyzes the market by six segments, namely spinal cages, spinal spacers, spinal rods, spinal screws, spinal hooks, and spinal plates. All these segments experienced high growth owing to increased awareness for procedures, sophisticated diagnostic techniques, increase in patient pool, increase in the number of procedures of osteoarthritis and rheumatoid arthritis.

Procedure volume growth is significantly high in Europe because of fast disease progression, higher prevalence, improving healthcare infrastructure, economic growth, broadening insurance coverage, expanding private healthcare sector, and the increasing awareness amongst people. However, the European spinal fusion & fixation devices market is experiencing fuelled growth in Germany as a result of the growing population, awareness of newly developed technologies, increased per capita income of the population, and improved medical literacy and tourism.

The high initial cost and complicated machines of the spinal fusion & fixation devices is the major restraint of the market. The rise in the aging population and growing health concerns have led the government of various countries to take several initiatives in this market.

Some of the key players in the European spinal fusion & fixation devices market include Alphatec Spine Inc., DePuy Spine, Medtronic Inc., Stryker Corporation, Smith & Nephew Plc, Orthovita Inc., and Zimmer Spine Inc., among others. The segment and country-specific company shares, news & deals, M&A, segment-specific pipeline products, product approvals, and product recalls of the major companies have been detailed in this report.

Customization Options

Along with the European market data, you can also customize the MMM assessments to meet your company’s specific needs. Customize to get a comprehensive summary of the industry standards and a deep dive analysis of the following parameters:

Product Analysis

• Usage pattern (in-depth trend analysis) of products (segment-wise)
• Product matrix which gives a detailed comparison of product portfolio of each company, mapped at country and sub-segment levels
• End-user adoption rate analysis of the products (segment-wise and country-wise)
• A comprehensive coverage of product approvals, pipeline products, and product recalls

Epidemiology Data

• European country-specific prevalence of  spine osteoarthritis (OA) and rheumatoid arthritis (RA)
• European country-specific patient pool of  spine OA and RA
• Disease progression (pattern analysis)

Procedure Volume Data

• Spinal procedures performed annually in each country tracked till sub-segment level
• The number of anterior or posterior cervical and thoracic fusion procedures performed in each country

Surgeons/Physicians Perception Analysis

• Fast turn-around analysis of surgeons’ responses to market events and trends
• Pattern analysis of usage of bone cements (antibiotic and non-antibiotic) by physicians
• Surgeons’ opinions about products from different companies
• Surgeons’ qualitative inputs on epidemiology data

Brand/Product Perception Matrix

• A comprehensive study of customers’ perception and behavior through our in-built social connect tool checking the virality and tonality of blogs
• Analysis of overall brand usage and familiarity and brand advocacy distribution (detractor/neutral/familiar)

Alternative Products: Impact analysis

MMM’s healthcare decision making quadrant is an innovative and useful quadrant for vendors who wish to analyze the potential growth markets based on parameters like patient dynamics (patient pool, epidemiology of disease, and preference towards surgeries/alternative therapies) and macroeconomic indicators (number of hospitals and orthopedic clinics, reimbursement scenario, diagnosis rate, treatment rate, and healthcare expenditure).

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