The global spinous process fixation market was valued at nearly $265 million in 2024. This is expected to increase over the forecast period at a CAGR of 3.1% to reach over $327 million.
The full report suite on the global market for spinous process fixation includes market analysis complete with units sold, ASP and market value.
This report includes data for 65+ countries across 7 different regions. These regions are North America, Latin America, Western Europe, Central & Eastern Europe, Middle East, Asia-Pacific, and Africa.
MARKET DATA INCLUDED
- Unit Sales, Average Selling Prices, Market Size & Growth Trends
- Procedure Numbers
- Market Drivers & Limiters
- Market Forecasts Until 2031, and Historical Data to 2024
- Recent Mergers & Acquisitions
- Company Profiles and Product Portfolios
- Leading Competitors
GLOBAL SPINOUS PROCESS FIXATION MARKET TRENDS
- One of the primary drivers of this market is the minimal invasive nature of the procedure.
- When given the option, most patients prefer MIS over traditional open fusion due to its advantages.
- Minimally invasive approaches typically result in reduced muscle disruption, less post-operative pain and shorter recovery times.
Global Market Share Insights
1. 1. ZimVie / Highridge
- Leader of the global spinous process fixation market in 2024.
- Product: Aspen(TM).
- Designed for use as adjunct to interbody fusion or posterior fusion with decompression.
- Led markets in North America, Western Europe and Rest of the World.
2. 2. Globus Medical / NuVasive
- Second-leading competitor in 2024.
- Product: Interlaminar Lumbar Instrumented Fusion (ILIF(R)).
- Ranked second in North America, Western Europe and Rest of the World.
3. 3. Medtronic
- Third-leading competitor in 2024.
- Product: CD HORIZON SPIRE(TM) - first spinous process fixation device on the market.
- Posterior, single-level, non-pedicle fixation for thoracolumbar region.
- Ranked third in North America, Western Europe and Rest of the World.
Research Scope Summary
Regions
- North America (Canada, United States)
- Latin America (Argentina, Brazil, Chile, Colombia, Mexico, Peru, Venezuela)
- Western Europe (Austria, Benelux, France, Germany, Italy, Portugal, Scandinavia, Spain, Switzerland, United Kingdom)
- Central & Eastern Europe (Baltic States, Bulgaria, Kazakhstan, Poland, Romania, Croatia, Czech Republic, Russia, Greece, Turkey, Hungary, Ukraine)
- Middle East (Bahrain, Iran, Israel, Kuwait, Oman, Qatar, Saudi Arabia, United Arab Emirates)
- Asia Pacific (Australia, Cambodia, China, Hong Kong, India, Indonesia, Japan, Malaysia, Myanmar, New Zealand, Pakistan, Philippines, Singapore, South Korea, Sri Lanka, Taiwan, Thailand, Vietnam)
- Africa (Algeria, Egypt, Ghana, Kenya, Libya, Morocco, Nigeria, South Africa, Sudan, Uganda)
Base Year: 2023
Forecast Period: 2025-2031
Historical Data: 2021-2023
Quantitative Data
- Procedure Numbers
- Market Size
- Market Shares
- Market Forecasts
- Market Growth Rates
- Units Sold
- Average Selling Prices
Qualitative Data
- Market Growth Trends
- Market Limiters
- Competitive Analysis & SWOT for Top Competitors
- Mergers & Acquisitions
- Company Profiles
- Product Portfolios
- FDA Recalls
- Disruptive Technologies
- Disease Overviews
Data Sources
- Primary Interviews with Industry Leaders
- Government Physician Data
- Regulatory Data
- Hospital Private Data
- Import & Export Data
- iData Research Internal Database
TABLE OF CONTENT
Spinous Process Fixation Market
- 6.1 Executive Summary
- 6.1.1 Global Spinous Process Fixation Market Overview
- 6.1.2 Competitive Analysis
- 6.1.3 Regions Included
- 6.2 Introduction
- 6.3 Procedure Numbers
- 6.4 Market Analysis and Forecast
- 6.5 Drivers and Limiters
- 6.5.1 Market Drivers
- 6.5.2 Market Limiters
- 6.6 Competitive Market Share Analysis