Product Code: 47040438
The COVID-19 pandemic significantly impacted the US minimally invasive spine technology market because restrictions on elective procedures resulted in delays to many spinal implant procedures and declining unit sales in 2019 and 2020; however, vaccinations among the US population and the easing of restrictions have since led to recovery in spinal implant procedure volumes, with growth of the market returning to previous trends by 2024. Going forward, drivers of minimally invasive spine technology market expansion include the uptake of premium innovations such as 3-D-printed implants, as well as the rising popularity of image-guided and robotic-assisted surgeries. Nonetheless, downward pricing pressure resulting from hospital budget constraints, procedure volumes shifting toward ASCs, and implant commoditization will limit overall revenue potential to some degree.
This Medtech 360 Report provides comprehensive data and analysis on the state of the market for minimally invasive spine technologies in the US from 2019 through 2031.
The COVID-19 pandemic had a significant impact on markets for devices used in elective procedures, including minimally invasive spine devices.
- How were procedure volumes in different segments of the market affected by the crisis? What trends have been seen in terms of recovery?
- What strategies did companies implement to mitigate risk and manage uncertainty?
- What lasting effect has the COVID-19 pandemic had on the market?
The shift toward performing minimally invasive spine procedures in ASCs will have an impact on the minimally invasive spine technology market.
- What factors are driving the shift to ASCs?
- What are the current changes in CMS' plans for certain musculoskeletal codes in the ASC payable list?
- How has the CMS' and insurance companies' positions changed with respect to minimally invasive procedure coverage and payment methods?
Innovative technologies are helping companies to gain a competitive advantage.
- Are any of the new products expected to create major shifts in market and competitive dynamics?
- How have technologies like guidance systems and robotics helped companies to broaden their portfolios?
- What types of implants are being manufactured using 3-D printing, and what are the current trends for various implant materials?
- Will new companies be able to compete with well-established market leaders with broad portfolios? What strategies are smaller orthopedic manufacturers adopting to fill their portfolio gaps?
Table of Contents
United States
Abstract
Executive Summary
- Market Highlights
- Competitive Highlights
- Market Developments
- Procedures Covered
- Products Covered
Key Report Updates
COVID-19 Analysis
- Market Impact
- Major Market Forecast Changes and Assumptions
- Competitive Impact
Minimally Invasive Spine Technology Market
- Market Highlights
- Market Definitions
- Market Forecast Data
- Market Shares
- Competitive Insights
- Medtronic
- NuVasive
- DePuy Synthes
- Globus Medical
- SI-BONE
- Other Key Competitors
- Factors Affecting All Competitors
- Market Developments
Minimally Invasive Spinal Fusion Device Market
- Market Highlights
- Market Definitions
- Market Forecast Data
- Minimally Invasive Thoracolumbar Traditional Instrumentation
- By Screw Type
- By Access Instrumentation Type
- Mini-Open Systems
- Percutaneous Systems
- Tubular Systems
- Distally Expanding Systems
- Minimally Invasive Cervical Traditional Instrumentation
- Minimally Invasive Interbody Devices
- Access Instrumentation Payment Models (Thoracolumbar and Cervical Fusion Only)
- Market Shares
- Competitive Insights
- US Minimally Invasive Spinal Fusion Device Market Competitive Insights
- Factors Affecting All Competitors
Sacroiliac Joint Fusion Device Market
- Market Highlights
- Market Definitions
- Market Forecast Data
- Market Shares
- Competitive Insights
- US Sacroiliac Joint Fusion Device Competitive Insights
- Factors Affecting All Competitors
Facet Fixation Device Market
- Market Highlights
- Market Definitions
- Market Forecast Data
- Market Shares
- Competitive Insights
- US Facet Fixation Device Competitive Insights
- Factors Affecting All Competitors
Appendix
- Abbreviations
- Bibliography
Methodology
- Core Country Coverage Methodology
- Research Methodology
- Marketrack Methodology
- PriceTrack Methodology
- Forecast Methodology
- Supplemental Country Coverage Methodology
- Base-Year Ratio Analysis
- Market Forecasting
Tables and Figures
- Minimally Invasive Spine Technology Market, by Product Type, US (USD), 2019-2031
- Minimally Invasive Spine Technology Market Landscape, US (USD), 2021 and 2031
- Minimally Invasive Spine Technology Revenue Market Share Rankings, by Product Type, US, 2021
- Competitive Insights
- Companies Mentioned
- Recent Events in the Minimally Invasive Spine Technology Market, US
- Minimally Invasive Spine Procedures Covered, US
- Minimally Invasive Spine Technologies Covered, US
- COVID-19 Impact Assessment Summary, Minimally Invasive Spine Technology Market, US
- Minimally Invasive Spine Technology Market, by Product Type, US (USD), 2019-2031 (Excluding COVID-19 Impact)
- Minimally Invasive Spine Technology Market, by Product Type, US (USD), 2019-2031 (Including COVID-19 Impact)
- COVID-19 Competitive Factors and Strategies, Minimally Invasive Spine Technology Market, US
- COVID-19 Financial Impact and Competitor Insights
- US Minimally Invasive Spine Technology Market Drivers
- US Minimally Invasive Spine Technology Market Limiters
- Minimally Invasive Spine Technology Market, by Product Type, US (USD), 2019-2031
- Minimally Invasive Spine Procedures, by Procedure Type, US, 2019-2031
- Minimally Invasive Spine Technology Market, by Product Type, US (USD), 2019-2031
- Minimally Invasive Spine Technology Revenue Market Shares, US, 2021
- Minimally Invasive Spine Technology Revenue Market Shares, by Product Type, US, 2021
- Medtronic Competitive Insights
- NuVasive Competitive Insights
- DePuy Synthes Competitive Insights
- Globus Medical Competitive Insights
- SI-BONE Competitive Insights
- Competitive Insights for Other Key Competitors
- Factors Affecting All Competitors
- Recent Events in the Minimally Invasive Spine Technology Market, US
- US Minimally Invasive Spinal Fusion Device Market Drivers
- US Minimally Invasive Spinal Fusion Device Market Limiters
- Minimally Invasive Spinal Fusion Device Market, by Product Type, US (USD), 2019-2031
- Spinal Fusions, by Technique, US, 2019-2031
- Spinal Fusions, by Anatomy, US, 2019-2031
- Thoracolumbar Spinal Fusions, by Technique, US, 2019-2031
- Cervical Spinal Fusions, by Technique, US, 2019-2031
- Minimally Invasive Spinal Fusions, by Anatomy, US, 2019-2031
- Minimally Invasive Spinal Fusion Device Market, by Product Type, US (USD), 2019-2031
- Minimally Invasive Traditional Instrumentation Market, by Anatomy, US (USD), 2019-2031
- Minimally Invasive Traditional Instrumentation Market Growth, by Anatomy, US, 2020-2031
- Minimally Invasive Thoracolumbar Traditional Instrumentation Fusions, by Scope, US, 2019-2031
- Minimally Invasive Thoracolumbar Traditional Instrumentation Fusions, by Indication, US, 2019-2031
- Minimally Invasive Thoracolumbar Traditional Instrumentation Fusions, by Procedure Type, US, 2019-2031
- Minimally Invasive Thoracolumbar Traditional Instrumentation Market, by Screw Type, US (USD), 2019-2031
- Minimally Invasive Thoracolumbar Traditional Instrumentation Market Growth, by Screw Type, US, 2020-2031
- Minimally Invasive Thoracolumbar Traditional Instrumentation Fusions, by Access Instrumentation Type, US, 2019-2031
- Minimally Invasive Thoracolumbar Traditional Instrumentation Market, by Access Instrumentation Type, US (USD), 2019-2031
- Mini-Open Minimally Invasive Thoracolumbar Traditional Instrumentation Market, by Screw Type, US (USD), 2019-2031
- Mini-Open Minimally Invasive Thoracolumbar Traditional Instrumentation Market Growth, by Screw Type, US, 2020-2031
- Percutaneous Minimally Invasive Thoracolumbar Traditional Instrumentation Market, US (USD), 2019-2031
- Tubular Minimally Invasive Thoracolumbar Traditional Instrumentation Market, by Screw Type, US (USD), 2019-2031
- Tubular Minimally Invasive Thoracolumbar Traditional Instrumentation Market Growth, by Screw Type, US, 2020-2031
- Distally Expanding Minimally Invasive Thoracolumbar Traditional Instrumentation Market, by Screw Type, US (USD), 2019-2031
- Distally Expanding Minimally Invasive Thoracolumbar Traditional Instrumentation Market Growth, by Screw Type, US, 2020-2031
- Minimally Invasive Cervical Traditional Instrumentation Market, US (USD), 2019-2031
- Minimally Invasive IBD Fusions, by Approach, US, 2019-2031
- Minimally Invasive IBD Market, by Approach, US (USD), 2019-2031
- Nonbone Minimally Invasive IBD Market, by Approach, US (USD), 2019-2031
- Machined Bone Minimally Invasive IBD Market, by Approach, US (USD), 2019-2031
- Minimally Invasive IBD Fusions, by Material, US, 2019-2031
- Minimally Invasive IBD Market, by Material, US (USD), 2019-2031
- Minimally Invasive ALIFs, by Material, US, 2019-2031
- Minimally Invasive ALIF Market, by Material, US (USD), 2019-2031
- Minimally Invasive ALIF Market Growth, by Material, US, 2020-2031
- Minimally Invasive PLIFs, by Material, US, 2019-2031
- Minimally Invasive PLIF Market, by Material, US (USD), 2019-2031
- Minimally Invasive PLIF Market Growth, by Material, US, 2020-2031
- Minimally Invasive TLIFs, by Material, US, 2019-2031
- Minimally Invasive TLIF Market, by Material, US (USD), 2019-2031
- Minimally Invasive TLIF Market Growth, by Material, US, 2020-2031
- Minimally Invasive LLIFs, by Material, US, 2019-2031
- Minimally Invasive LLIF Market, by Material, US (USD), 2019-2031
- Minimally Invasive LLIF Market Growth, by Material, US, 2020-2031
- Minimally Invasive Thoracolumbar and Cervical Fusions, by Access Instrumentation Payment Model, US, 2019-2031
- Minimally Invasive Spinal Fusion Access Instrumentation Market, US (USD), 2019-2031
- Minimally Invasive Spinal Fusion Revenue Market Shares, US, 2021
- Minimally Invasive Spinal Fusion Revenue Market Shares, US, 2021
- US Minimally Invasive Spinal Fusion Device Market Competitive Insights
- Factors Affecting All Competitors
- US Sacroiliac Joint Fusion Device Market Drivers
- US Sacroiliac Joint Fusion Device Market Limiters
- SI Joint Fusion Device Market, US (USD), 2019-2031
- SI Joint Fusion Device Market, US (USD), 2019-2031
- SI Joint Fusion Device Revenue Market Shares, US, 2021
- SI Joint Fusion Device Revenue Market Shares, US, 2021
- US Sacroiliac Joint Fusion Device Competitive Insights
- Factors Affecting All Competitors
- US Facet Fixation Device Market Drivers
- US Facet Fixation Device Market Limiters
- Facet Fixation Device Market, US (USD), 2019-2031
- Facet Fixation Procedures, by Material, US, 2019-2031
- Facet Fixation Procedures, by Anatomy, US, 2019-2031
- Facet Fixation Device Market, US (USD), 2019-2031
- Facet Fixation Device Revenue Market Shares, US, 2021
- Facet Fixation Device Revenue Market Shares, US, 2021
- US Facet Fixation Device Competitive Insights
- Factors Affecting All Competitors
- Abbreviations