Global Peek Spacer System Market 2023-2030

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    GLOBAL PEEK SPACER SYSTEM MARKET

     

    INTRODUCTION

    PEEK Spacer System is the name of a medical tool used during spinal operations. PEEK, also known as polyetheretherketone, is a high-performance thermoplastic substance renowned for its biocompatibility, mechanical toughness, and radiolucency (the capacity to appear transparent to X-rays).

     

    To keep the spine’s natural height and alignment after the removal of a damaged or diseased intervertebral disc, PEEK Spacer Systems are used as intervertebral implants during spinal procedures.

     

    In order to strengthen and stabilize the spine and promote correct vertebral fusion over time, these spacers are positioned between adjacent vertebrae.

     

    Due to their superior biocompatibility, PEEK Spacer Systems are preferred in spine procedures as it lowers the possibility of adverse body reactions.

     

    Additionally, PEEK’s radiolucency improves visibility in post-operative imaging, enabling medical practitioners to track the healing process and spot any potential issues more easily.

     

    PEEK Spacer Systems must be used with caution, as with any medical device, and should only be done so under the supervision of trained healthcare experts when necessary.

     

    GLOBAL PEEK SPACER SYSTEM MARKET SIZE AND FORECAST

     

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    The PEEK Spacer System accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.

     

    RECENT PRODUCT DEVELOPMENT AND INNOVATION

    One of the top manufacturers of medical technology, Medtronic, created the Infuse Bone Graft. In patients with degenerative disc disease and other spinal diseases, it is a ground-breaking method of spinal fusion surgery that aims to encourage bone formation and speed up the fusion process.

     

    For spinal fusion surgeries, Infuse Bone Graft blends a PEEK spacer with a bioactive recombinant human bone morphogenetic protein-2 (rhBMP-2).The Infuse Bone Graft is implanted during surgery, often in the lumbar region of the spine, between two neighboring vertebrae.

     

    The rhBMP-2 stimulates the body’s own bone-forming cells, promoting the creation of new bone tissue, while the PEEK spacer serves as a structural support to maintain the disc height and spacing. The PEEK spacer progressively gives way to freshly produced bone over time, fusing the vertebrae together solidly.

     

    The Infuse Bone Graft system’s minimally invasive approach in comparison to conventional spinal fusion methods is one of its key benefits.

     

    Because bone grafts don’t need to be taken from the patient’s hip or pelvis, using rhBMP-2 shortens the procedure’s duration, discomfort, and risk of problems. The danger of infection at the location of the bone graft is also reduced by this method.

     

    THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

    1. How many PEEK Spacer System are manufactured per annum globally? Who are the sub-component suppliers in different regions?
    2. Cost breakup of a Global PEEK Spacer System and key vendor selection criteria
    3. Where is the PEEK Spacer System manufactured? What is the average margin per unit?
    4. Market share of Global PEEK Spacer System market manufacturers and their upcoming products
    5. Cost advantage for OEMs who manufacture Global PEEK Spacer System in-house
    6. key predictions for next 5 years in Global PEEK Spacer System market
    7. Average B-2-B PEEK Spacer System market price in all segments
    8. Latest trends in PEEK Spacer System market, by every market segment
    9. The market size (both volume and value) of the PEEK Spacer System market in 2023-2030 and every year in between?
    10. Production breakup of PEEK Spacer System market, by suppliers and their OEM relationship
    Sl no Topic
    1 Market Segmentation
    2 Scope of the report
    3 Abbreviations
    4 Research Methodology
    5 Executive Summary
    6 Introduction
    7 Insights from Industry stakeholders
    8 Cost breakdown of Product by sub-components and average profit margin
    9 Disruptive innovation in the Industry
    10 Technology trends in the Industry
    11 Consumer trends in the industry
    12 Recent Production Milestones
    13 Component Manufacturing in US, EU and China
    14 COVID-19 impact on overall market
    15 COVID-19 impact on Production of components
    16 COVID-19 impact on Point of sale
    17 Market Segmentation, Dynamics and Forecast by Geography, 2023-2030
    18 Market Segmentation, Dynamics and Forecast by Product Type, 2023-2030
    19 Market Segmentation, Dynamics and Forecast by Application, 2023-2030
    20 Market Segmentation, Dynamics and Forecast by End use, 2023-2030
    21 Product installation rate by OEM, 2023
    22 Incline/Decline in Average B-2-B selling price in past 5 years
    23 Competition from substitute products
    24 Gross margin and average profitability of suppliers
    25 New product development in past 12 months
    26 M&A in past 12 months
    27 Growth strategy of leading players
    28 Market share of vendors, 2023
    29 Company Profiles
    30 Unmet needs and opportunity for new suppliers
    31 Conclusion
    32 Appendix
     
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