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The global spinal implants and surgery devices market was valued at USD 11.68 billion in 2023. It is expected to grow at a CAGR of 4% during the forecast period of 2024-2032 and attain a market value of USD 18.5 billion by 2032.
The market is expected to grow with rising technological innovations including minimally invasive surgical techniques, enhanced implant materials, and robotic-assisted surgery. These developments have enhanced the effectiveness and safety of spinal surgeries and drives their adoption. There is an increase in the number of patents related to minimally invasive surgical techniques and impacts the patent landscape significantly.
The Global Spinal Implants and Surgery Devices Patent Landscape Report provides a comprehensive and in-depth analysis of the patents in this growing industry. The key sections captured in the report for spinal implants and surgery devices include a thorough examination of the patent portfolios of key players, covering aspects such as the number of patents and types of technologies patented. It includes the latest trends, geographical distribution of patents, top IP player profiles, technological segmentation, and patent valuation associated with spinal implants and surgery devices. The breakdown of patents by technical segments is provided, giving more clarity on the specific areas of innovation within spinal implants and surgery devices technologies.
An evaluation and competitive benchmarking of key members of unique patent families are covered in the analysis for spinal implants and surgery device technologies. The important parameters have been taken into consideration including IP document, year of application, number of citations, time to expiry, and jurisdiction associated with spinal implants and surgery devices.
A comprehensive summary of several patent applications which were filed across different jurisdictions for spinal implants and surgery devices and their relative value are covered. The analysis will cover the capital in terms of innovation and innovation type.
Detailed analysis of the granted patents across different jurisdictions for spinal implants and surgery devices and their relative value in the IP are covered in the final report.
Spinal implants and surgery devices are medical devices used for the treatment of spinal injuries. The devices are designed to stabilize, support, and repair the spine. the components of spinal implants include intervertebral discs, spinal fusion devices, pedicle screws and rods, plates, and cervical plates and screws among others. These discs are used to replace degenerated or damaged intervertebral discs and aim to restore normal disc function and preserve motion in the spine. The spinal fusion devices include cages, bone grafts, and bone substitutes. The spinal implants are made up of biocompatible materials, including titanium, titanium-alloy, and stainless steel among others.
Continuous research and development in spinal implants including the development of new materials and designs along with increased awareness about spinal health and growing advancements in diagnostic tools are expected to drive market growth by offering better treatment options and outcomes. The global market expansion provides an opportunity for patent companies to explore innovative products under the spinal implants and surgery devices category.
Advanced Material and Biocompatibility is Expected to Boost the Patent Industry Growth
The advancements in spinal implants and surgery devices are enabling the development of more advanced materials that offer biocompatibility. The development of materials like shape-memory alloys and bioactive ceramics promotes bone growth. For instance, in 2019, Aurora Spine Corporation received the issuance by the United States Patent and Trademark Office (USPTO) of United States Patent No. 10,143,501 entitled “Expandable Interspinous Device”. The patent was related to minimally invasive spinal implants. Patents covering such technologies are crucial for companies and thus impact the patent landscape of spinal implants and surgery devices significantly. Moreover, the development of materials with improved compatibility to reduce the risk of rejection has further driven the growth of the market.
There is an increase in patent activity which focuses on enhancing the performance of spinal implants. The number of patents granted in the field of spinal implants reached 2,248 in 2023 from 2,186 in 2022.
Computer Assisted Navigation and Planning is Expected to Propel Spinal Implants and Surgery Devices Patent Industry
The spinal implants and surgery devices patent industry is driven by continuous technological innovation. Computer-assisted navigation and planning are a significant factor in propelling the patent industry. This technology is transforming spinal surgery through enhanced precision, and efficiency. Technologies such as CT and MRI scans provide detailed 3D images of the spine. Patents related to advanced imaging techniques and 3D mapping are likely to increase due to improved surgical outcomes.
As computer-assisted navigation technologies become more prevalent, their adoption will increase in the market and lead to increased patent filings in several regions.
The report will cover the following sections in detail:
Analysis by Product
The breakup based on product type includes spinal fusion devices, spinal biologics, non-fusion devices, spinal bone growth stimulators and others. Spinal fusion devices are specialized implants which are used in spinal surgery to stabilize the spine after surgery. It promotes the fusion of two or more vertebrae into a single and solid unit.
Detailed technological data will be provided for all specified segments classified in this report.
The United States is one of the leading jurisdictions for spinal implants and surgery devices patents, having around 77,000+ patents. The presence of key companies, well-established healthcare infrastructure, increased demand for spinal implants, rising cases of spinal injuries and advanced research and development activities contribute to the regional patent landscape significantly.
Among the players with spinal implants and surgery devices patent families, new entrants have been identified, which can be either established companies or startups developing their first technology in the spinal implants and surgery devices field. Some of the major companies mentioned in this report (a non-exhaustive list) are as follows:
Globus Medical Inc.
Globus Medical Inc. was founded in 2003 and headquartered in the United States. The company is engaged in developing, manufacturing, and distributing advanced musculoskeletal device products. Several spinal surgery products are patented in the United States and elsewhere including AERIAL® Expandable Spinous Process Fixation System and CALIBER® Expandable Lumbar Fusion Device among others.
Medtronic Inc.
Medtronic Inc. was founded in 1949 and is headquartered in Ireland. The company is engaged in developing, manufacturing, and distributing several medical devices including spinal implants and surgery devices. The company is a global leader in the field of medical devices and has received patents in the field of spinal implants.
Other companies include Warsaw Orthopedic Inc., Univ California, Depuy Synthes Products Inc., Nuvasive Inc., Sdgi Holdings Inc., Dexcom Inc., Univ Texas, Univ Leland Stanford Junior, and Depuy Spine Inc., among others.
The spinal implants and surgery devices patent report provides information on the intellectual property (IP) position and strategy of key players. This report can help companies and players looking to enter or invest in this field by -
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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