Orthopedic Devices are used to treat the disorders and injuries of the musculoskeletal system of human body. Spinal Surgery includes devices used in the surgical treatment of degenerative disc diseases, intra-vertebral fractures and scoliosis. Spinal Fusion is a surgical intervention that involves joining two vertebrae in the spine to form a single solid bone, with the involvement of certain devices, in order to relieve pain. GlobalData uses proprietary data and analytics to provide a comprehensive report on the spinal fusion market in Sweden. Buy the latest report here.
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In 2023, GlobalData’s Market Model methodology determined that the leading player in the spinal fusion market in Sweden was Medtronic followed by DePuy Synthes, Stryker, Globus Medical and ZimVie.
Understanding market size can be crucial to evaluate opportunities and make informed decisions about market entry and exit. Medical device companies can identify attractive segments in respective markets as well as develop marketing strategies based on forecasts for those segments.
Spinal Fusion interventions are mainly performed on cervical and thoraco-lumbar regions. Spinal Fusion is a surgical intervention that involves joining two vertebrae in the spine to form a single solid bone, with the involvement of certain devices, in order to relieve pain. Spinal Fusion is performed by conventional and Minimally Invasive Surgery (MIS) methods. Conventional methods include all open surgical methods that used for performing spinal interventions. Depending on the site of incision (surgical approach), thoraco-lumbar fusion interventions are divided into anterior, posterior and lateral fusion interventions. Depending on the level of surgery performed, cervical fusion interventions are classified into one-level and two-level whereas thoraco-lumbar fusion interventions are classified into one, two and three-level. One-level, two-level and three-level surgeries involve the fusion of two, three and four vertebral segments respectively. Conventional methods of spinal fusion interventions are tracked whereas MIS fusion interventions are excluded. Spinal Plating Systems, Pedicle Screw Systems, Interbody Devices are the devices used in conventional spinal fusion interventions. Spinal Plating Systems, Pedicle Screw Systems and Interbody Devices are covered. The Spinal Plating System is an implant used to treat patients with degenerative disc disease, spondylolisthesis, spinal stenosis or fractures. Pedicle Screws are placed above and below the vertebrae in a spinal fusion intervention to add extra support and strength during the healing process. Interbody Fusion Cage devices use a hollow threaded titanium or carbon fiber cylinder to fuse two vertebrae together to treat degenerative disc disease to provide fixation.
The spinal fusion market in Sweden can expand or contract due to a variety of reasons including population demographics, disease incidence and prevalence, macroeconomic issues, and geopolitical considerations. Disruption to a market could be caused by a sudden, unexpected change in these factors, but it could also be driven by changes in clinical practice, leading to a change in diagnosis or treatment of patients, as part of a process to generally improve medical practice.
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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.
GlobalData’s Medical Intelligence Center Market Models are the gold standard of medical device market valuation, company share estimation and market trend forecasting. GlobalData uses a patient-based forecast model or installed base methodology to determine the market size for therapeutic indications and capital equipment expenditures. Estimates are based on a number of sources, including primary research—KOL and industry contact interviews—and secondary research, such as company reports, press releases, published articles, proprietary databases, and general news media.
