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Interbody Fusion Cage Market : Global Opportunity 7Analysis and Industry Forecast, 2017-2023

Interbody Fusion Cage is an implantable medical device used to maintain the forminal height of the spine. Interbody fusion cages are inserted between the spinal cords when the space between the discs is distracted. These interbody fusion cages are made from materials such as titanium, carbon fiber, or allograft femur. The global interbody fusion cage market was valued at $1,818 million in 2016, and is expected to reach $2,309 million by 2023 at a CAGR of 3.4% during the forecast period.<br>Read More : https://www.alliedmarketresearch.com/request-sample/3741

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Interbody Fusion Cage Market : Global Opportunity 7Analysis and Industry Forecast, 2017-2023

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  1. Interbody Fusion Cage Market Global Opportunity Analysis and Industry Forecast, 2017-2023

  2. According to a new report published by Allied Market Research, titled, Interbody Fusion Cage Market by Product, Surgery Type and End User: Global Opportunity Analysis and Industry Forecast, 2017-2023," the global interbody fusion cage market was valued at $1,818 million in 2016, and is projected to reach $2,309 million by 2023, growing at a CAGR of 3.4% from 2017 to 2023. The lumbar segment accounted for about two-sevenths share of the global market in 2016. Interbody Fusion Cage Market

  3. Interbody fusion cage are medical devices utilized to provide stability to the spine and the cervical region. Interbody fusion cages are large hollow cylinders made of metals and alloys such as carbon fiber, titanium, and allograft femur. The cages can be filled with autologous bone material to promote arthrodesis (artificial induction of joint ossification). • Rise in geriatric population and increase in spinal cord injuries which might be caused due to accidents and diseases such as degenerative disk disease drive the growth of the market. However, the high cost associated with the spinal fusion surgeries and the dearth of skilled professionals impede the growth of the interbody fusion cage market. Moreover, the increased adoption of minimally invasive surgeries create ample opportunities in the market.

  4. Market By : Region

  5. Key Findings of the Interbody Fusion Cage Market: • The thoraco-lumbar segment accounted for about one-fourth share of the total market in 2016, and is expected to register a high CAGR of 3.5% from 2017 to 2023. • The hospital segment accounted for two-fifths share of the total market and is expected to grow at a CAGR of 3.1% during the forecast period. • U.S. dominated the North America interbody fusion cage market and is projected to retain its trend throughout the forecast period. • India is the fastest growing country in the Asia-Pacific interbody fusion cage market, registering a CAGR of 7.1% during the forecast period. • The ambulatory surgery center segment accounted for one-fourth of the market share in 2016, and is expected to grow at a high CAGR of 3.4%.

  6. Leading manufacturers • Aurora Spine Inc. • B. Braun Melsungen AG • Benvenue Medical Inc. • Ulrich Medicals USA • Prodorth • Orthofix International • N.V. • Medtronic plc • Zimmer Biomet Inc. • NuVasive Inc. • Johnson & Johnson

  7. Interbody Fusion Cage Market by Product (Lumbar, Cervical, Thoraco-lumbar, and Thoracic), Surgery Type (Anterior, Transforaminal, Posterior, and Lateral), and End User (Hospital, Clinic, Ambulatory Surgical Center, and Others) - Global Opportunity 7Analysis and Industry Forecast, 2017-2023

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