The global Cervical Spacer Systems Market is anticipated to be worth US$ 361 million in 2022. The market is estimated to reach US$ 744.11 million by 2032. Between 2022 and 2032, the global cervical spacer market is predicted to increase at a CAGR of 6.8%, compared to a CAGR of 5.6% between 2016 and 2021.
Cervical spacer are mostly used to fill the space present in the spine, to provide strength in spinal fusion surgeries. Cervical spacer system are for stand-alone anterior cervical interbody fusion procedures in skeletally mature patients.
Cervical spacer are mode of high-quality of polymer and this material are approved from public and private organization under various clinical trials. The spacer are designed to meet all the requirement of the patients and also can be design based on the patient requirement.
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Cervical Spacer Systems Market: Drivers and Restraints
The cervical problem is increasing over the forecast period, as the lifestyle of the peoples are changing in this modern days. According to article published by Pain Relief Center (USA) in August 2015, approx. 330 million people in 2010 are affected with cervical problem.
Cervical spacer system are coming in the market as players are launching the product, for instance in April 2017, Life Spine, Inc.’s has launched the PLATEAU-C Ti which will offer more graft windows for increased visibility in-situ and bone graft containments.
Some other products are also launched by other players, for instance in June 2016, Exactech has launched Acapella® One Cervical Spacer System used for pre-assembled with integrated anchors, surgeons can restore disc height and many others. The higher costing and the awareness in the market is the hindrances in the market.
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Cervical Spacer Systems Market: Overview
Cervical spacer is a unique system to solve the problem of disc adjustment and disc height’s and other moving problem for the individual patients. The market of this system is growing in a significant way’s, as many players are coming with various new product and design to solve the problem. For instance, Nexxt Spine has come up the system name as Honour® which will solve the problem of maximum bone graft surface area.
Cervical Spacer Systems Market: Region-wise Outlook
Geographically, Cervical Spacer Systems Market is segmented into North America, Latin America, Western Europe, Eastern Europe, Asia Pacific, Japan, Middle East and Africa. North America is the growing market with major number of players. Europe is also a potential market as the number of population suffering from spine disorders, Asia Pacific is the growing market as the awareness program have to increase to provide the understanding about the system.
Cervical Spacer Systems Market: Key Players
Some of the players in Cervical Spacer Systems Market include: Life Spine, Inc., Exactech, Inc., Biomet, Inc., Stryker, Zimmer Inc., Paonan Biotech Co., Ltd., Nexxt Spine, LLC and Orthofix Holdings, Inc.
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