Global spinal laminoplasty market is expected to witness remarkable growth over the coming seven years owing to increasing demand for minimally invasive surgical procedures coupled with associated advantages such as movements’ preservation and vertebral stability maintenance. Spinal laminoplasty aids in creating an extra space in the spinal canal by making an opening in the lamina of the vertebrae for the easy movement of spinal cord. In addition, increasing geriatric population base with spine degeneration disorders and technological advancements in minimal invasive surgeries are expected to serve this market with growth opportunities in near future. However, cost intensive nature and unstable reimbursement policies are expected to pose hindrance to the growth of spinal laminoplasty market over the forecast period.
The entire spinal laminoplasty market is classified on the basis of involvement of vertebrae-vertebral position. Single level laminoplasty involves one vertebra. On the basis of vertebral position, the spinal laminoplasty is sub segmented in to lumbar laminoplasty, thoracic laminoplasty, cervical laminoplasty and sacral laminoplasty. Lumbar laminoplasty is done for decompressing pinched nerves in lumbar spine or lower back of spine. Thoracic laminoplasty is associated with decompressing thoracic region or mid back region of the spine. Cervical laminoplasty is the hinging of lamina in neck area (cervical spine) of spinal cord. Sacral laminoplasty is the hinging of lamina between hip bones or pelvic region. Cervical laminoplasty is the most commonly used laminoplasty due to increasing cases of neck related disorders resulting in to pain, weakness or numbness in the arms or hands, difficulty in using hands and balancing problems. Similarly, lumbar laminoplasty is an effective and less-invasive method for decompressing spinal nerves compared to traditional laminectomy. This segment is anticipated to register substantial market growth over the coming seven years due to increasing adoption of lumbar laminoplasty procedures.
Geographically, the spinal laminoplasty market is divided into North America, Europe, Asia pacific, Latin America and MEA. As of 2014, North America held the largest market share owing to favourable government policies and high adoption rate of laminoplasty coupled with increasing awareness of doctors and patients in the U.S. pertaining to laminoplasty. Rising geriatric population base with spine degeneration disorders, increasing accidents and advanced healthcare infrastructure are expected to drive the market for spinal laminoplasty in European nations. Asia pacific countries such as India and China are anticipated to witness fastest growth due to rising disposable income, rapidly improvising healthcare infrastructure and larger unmet needs. Emerging economies of Latin America such as Mexico and Brazil are adopting new healthcare technologies which may boost up the market for spinal laminoplasty in this region. Also, Middle East region and Africa may show speedy growth due to availability of low cost techniques and increasing cases of spinal injuries.
Prominent players operating in spinal laminoplasty market are DePuy Synthes, Zimmer Spine, Medtronic, Raymedica, Pioneer Surgical Technologies, Cryo Life, Synthes Spine, Replication Medical, Vertebral Technologies, NP Solutions and Arthro Kinetics. Companies are adopting competitive strategies to gain market share such as mergers and collaborations and introduction of new products with technical up gradations. For example, DePuy Synthes introduced MOUNTAINEER Laminoplasty System which is a complete set of instruments and implantswith all sizes designed for laminoplasty procedures in the cervical spine ensuring best anatomical fit. Also, Medtronic’s Center piece plate fixation system offers a versatile procedural solution for cervical laminoplasty. It is intended for use in the lower cervical and upper thoracic spine laminoplasty. There exists tremendous market opportunities for the companies adopting new methods in laminoplasty which are anticipated to lower the cost of device and thereby procedure. All the aforementioned facts are anticipated to provide this market with lucrative growth platform in near future.
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