Interbody Fusion Cage Market Outlook by Top Players, Share, Size, Overall Impact of COVID-19, Growth, Trend, Segmentation, Entry Strategy, PEST Analysis, Forecast by Region 2022 to 2031

Kenneth Research, in its repository of market research reports, have recently added a report on Interbody Fusion Cage Market which emphasizes on the latest trends, key opportunities, drivers, and the challenges associated with the growth of the market during the forecast period, i.e., 2022-2031.

U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4  billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Interbody Fusion Cage Market products.

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Moreover, the median health expenditure per capita recorded in the high-income, upper-middle income, and low & lower-middle income countries, recorded to be over USD 2,000, USD 400, and USD 100 respectively. Additionally, in the same year, the spending on health in high-income countries and in the low- and middle-income countries comprised approximately 8.2% and 6.3% of the GDP respectively.

Global Interbody Fusion Cage Market was valued at USD 1,873 Million in the year 2017. Global Interbody Fusion Cage Market is further estimated to grow at a CAGR of 3.6% from 2019 to reach USD 2,485 Million by the year 2025.

North America region holds the highest Market share in 2017 and is considered as the fastest growing Market in the forecasted period. At a country level, the U.S. and Canada are projected to grow strongly in the coming years.

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Major market players in the Interbody Fusion Cage Market are B. Braun Melsungen AG, Benvenue Medical Inc., Aurora Spine Inc., Prodorth, Medtronic PLC., Orthofix International N.V., NuVasive Inc., Ulrich Medical USA, Johnson & Johnson, Zimmer Biomet Holdings Inc., and brief information of 10 companies will be provided in the report. Other players operating in the value chain are Biomet USA, Globus Medical USA, Spineart France, Precision Spine USA, Medacta Switzerland, and K2M USA. Rising research and development expenses to address the changing demand of end users. Similarly, growth strategies such as acquisition, merger, and expansion of the distribution network were few techniques adopted by most of the top players in the last 5 years.

SWOT Analysis of Interbody Fusion Cage Market:

Rising geriatric population
Increase in spinal surgeries

The high cost of surgeries

Technological advancements
Growing awareness

Availability of skilled labors

The Global Interbody Fusion Cage is segmented as by Products, by Surgery Type, by end users, and by region. On the basis of products, the Market is segmented as Lumbar, Cervical, thoraco-lumbar, and Thoracic of which Lumbar holds the highest Market share. On the basis of surgery test type the global Market is segmented as Anterior, Transforaminal, Posterior and Lateral of which anterior surgery expected to hold the highest Market share in the forecasted period.

Interbody Fusion Cage Market Segmentation:
By Surgery Type


By End Users
*Ambulatory Surgical Centers

By Products

By Region
*North America
o Canada
o Germany
o U.K.
o France
o Italy
o Rest of Europe
o China
o India
o Japan
o Rest of Asia-Pacific
o Latin America
o Middle East & Africa

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