Market Analysis
The global cervical fusion market is predicted to grow at a striking CAGR over the forecast period (2017-2023), in accordance with the latest Market Research Future (MRFR) report. Cervical fusion, simply put, is a surgery which helps in joining selected bones in the cervical spine (neck). This surgery is generally needed when the discs between each vertebra and the cervical vertebrae get damaged due to chronic wear-and-tear or an injury. There are different methods to perform a cervical fusion surgery such as using an artificial graft made of metals or other polymers or inserting a bone graft for natural bone regrowth.
Various factors are propelling the cervical fusion market growth. These factors, as stated by the latest MRFR report, include increasing prevalence of rheumatoid arthritis and osteoarthritis, growing aging population, advent of cervical surgery techniques that are technologically advanced, increasing incidences of cervical disorders, growing cases of cancer and extensive research and development activities to diagnose and treat cancer, and increasing funds for healthcare by government organizations.
On the flip side, the high price of treatments, complications related to the cervical surgery, and the high price of the diagnostic procedure are factors that may deter the cervical fusion market growth over the forecast period.
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Market Segmentation
The MRFR report provides a complete segmental analysis of the cervical fusion market report on the basis of end user, surgery, type, and fusion type.
Based on fusion type, the cervical fusion market is segmented into posterior fusion, anterior cervical fusion, anterior interbody fusion, and others. The interbody cervical fusion segment is again segmented into bone interbody cervical fusion, non-bone interbody cervical fusion, and others.
Based on type, the cervical fusion market is segmented into polymeric type, metal type, and others.
Based on surgery, the cervical fusion market is segmented into open spine surgery, minimally invasive spine surgery, and others.
Based on end user, the cervical fusion market is segmented into neurology clinics, multispecialty hospitals, orthopedic clinics, and others.
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