Global Anterior Cervical Plating Market: Market Outlook
Initially, anterior cervical instrumentation was just used in cervical trauma. However, due to obvious benefits, indications for its use have been expanded over time to degenerative cases as well as tumor and infection of the cervical spine. Along with a threefold upsurge in frequency of cervical fusion surgery, there is noteworthy progression observed in the implant designs over the last three decades.
Anterior cervical plating may not conclusively improve clinical outcome of the patients, but it surely does enhance the efficacy of autograft and allograft fusion and lessens the rate of pseudoarthrosis and kyphosis after multilevel discectomy and fusions. The increasing number of deformities due to rise in number of trauma cases along with the probable advantages that utilization of anterior cervical plates possess is leading a large number of people opting to undergo cervical fusion surgery.
In addition, the rising incidence of tumors that may have severe impact on an individual’s well-being is also contributing in the growth of anterior cervical plating market. Thus, due to rising demand the manufacturers are focusing on delivering technologically advanced products in the anterior cervical plating market.
While there is an intense competition due to large number of players present in the market. The rising efforts by the key players to smartly differentiate their product with innovative and user-friendly features serves as the primary strategy to sustain their strong position in the anterior cervical plating market.
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Key Segments of Anterior Cervical Plating Market Covered in the Report
Based on material type, the anterior cervical plating market has been segmented as
- PEEK Optima
- Pure Titanium
- Titanium Alloy
Based on end user, the anterior cervical plating market has been segmented as
- Hospitals
- Ambulatory Surgical Centers
- Specialized Orthopaedic Centers
Based on the region, the anterior cervical plating market has been segmented as
- North America
- Latin America
- Europe
- South Asia
- East Asia
- Oceania
- Middle East & Africa
- Competitive Landscape
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Key players operating in the anterior cervical plating market include
Some of the leading anterior cervical plating manufacturers are Gesco Healthcare, Nexxt Spine, LLC, Invibio Ltd., Aesculap Implant Systems, NuVasive®, Inc., B. Braun Melsungen AG, Stryker Corporation, Surgalign Spine Technologies, MiRus LLC, SIGNUS Medizintechnik GmbH, RTI Surgical®, Integra LifeSciences, Biomet Spine LLC, Meditech Spine, Altus Spine, Zimmer Biomet and icotec ag.
Their main focus is towards developing innovative products to standout in the highly competitive market. They are also working towards getting regulatory approvals in-order to market and sell their new products. New product launches will assist them in developing strong portfolios allowing them for better market penetration especially in developing countries.
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What is the Repercussion of the Pandemic on the Growth of the Anterior Cervical Plating Market?
The outbreak of novel Covid-19 virus has led to severe disruptions economically across the globe. The developed as well as the developing countries have been severely impacted by the pandemic. The pandemic led to reduced hospitals visits for treatments that are not vital in nature and increased focus on the massive patient pool suffering from Covid-19. The pandemic also led to imposition of lockdowns in the first half of 2020 which resulted in major disruptions in the supply chains that has negatively impacted most of the markets. The anterior cervical plating market is one such market that has observed rapid fall in sales during the pandemic. The fall in sales can be attributed towards lesser patient population opting to undergo the cervical fixation surgery during the pandemic in order to avoid being infected with the virus.
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