Anterior cervical plating improves the efficacy of allograft and autograft fusion and reduces the rate of kyphosis and pseudoarthrosis after multilevel discectomy and fusions. Possible benefits of utilizing anterior cervical plates and a rise in the number of trauma cases will lead to more people opting to undergo cervical fusion surgery. In addition, the increase in rate of tumors may have a critical impact on an individual’s health which contributes toward the growth of the anterior cervical plating market. Thus, manufacturers are concentrating on producing technologically superior products in the anterior cervical plating market to maintain their strong position.
COVID-19 Impact analysis
COVID-19 is an infectious disease that originated in Hubei province of the Wuhan city in China in late December. The highly contagious disease, caused by a virus, severe acute respiratory syndrome corona virus 2 (SARS-CoV-2), is transmitted from human to human. Since the outbreak in December 2019, the disease has spread to almost 213 countries around the globe with the World Health Organization declaring it a public health emergency on March 11, 2020.
There has been an increase in the demand for medical supplies to take care of infected population. Respiratory support devices such as atomizers, life-support machines, oxygen generators, and monitors are among the majorly used medical devices in primary clinical treatment. Moreover, COVID-19 has led to a huge surge in demand for medical supplies such as personal protective equipment including masks, gloves, and protective eyeglasses. There is an increase in the need for medical supplies, both from healthcare professionals and civil population for precautionary measures, owing to the rise in number of COVID-19 cases worldwide. Manufacturers of these products have a chance to capitalize this increased demand for medical supplies to ensure adequate and continuous supply of personal protective equipment in the market. Therefore, COVID 19 is expected to have a significant impact on the anterior cervical plating market.
Top Impacting Factors
- Increase in cases of trauma and tumors, rise in adoption of cervical fusion surgery, surge in disposable income, increase in demand for advanced treatment and procedures, the launch of the novel developed products in the market, technological advancements, increasing awareness regarding tumors are factors that drive the growth of anterior cervical plating market.
- In addition, the advantages of the anterior cervical plating systems made up of biomaterials are expected to catch the attention of patients and surgeons, and it will make a positive impact on the anterior cervical plating market.
- However, stringent regulatory compliances, the high cost of procedures, and the post-operative risk involved while fixing the anterior cervical plating systems may hinder the market growth.
- Contrarily, favorable reimbursement policies and assistance from the government for regulatory approval present new pathways in the industry.
Market Trends
New product launches to flourish the market
The manufacturers are striving to build a strong portfolio by launching new products in the anterior cervical plating system market.
In November 2020, NuVasive Inc. launched the C360 cervical spine portfolio with its anterior cervical plating system. The system is used to overcome common postoperative complications such as adjacent level ossification, malalignment, and dysphagia.
In July 2019, CYGNUS anterior cervical plate system by MiRus LLC. received FDA approval. The system is the thinnest and narrowest cervical plate in the market that decreases the risk of complications and lessens surgery time in patients undergoing anterior cervical fusion.
Key Benefits of the Report
- This study presents the analytical depiction of the anterior cervical plating industry along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the anterior cervical plating market share.
- The current market is quantitatively analyzed to highlight the anterior cervical plating market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed anterior cervical plating market analysis based on competitive intensity and how the competition will take shape in coming years
Questions answered in the anterior cervical plating report
- Which are the leading players active in the anterior cervical plating market?
- What are the current trends that will influence the market in the next few years?
- What are the driving factors, restraints, and opportunities of the market?
- What future projections would help in taking further strategic steps?
- What is "Anterior cervical plating"?
- What is "Anterior cervical plating" Market prediction in the future?
- Who are the leading global players in the "Anterior cervical plating" Market?
- What are the current trends and predicted trends?
- What are the key benefits of the "Anterior cervical plating" Market report?
Anterior Cervical Plating Market, by Material Report Highlights
| Aspects | Details |
 By Material |
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 By End User |
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 By Region |
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 Key Market Players | Stryker Corporation, SIGNUS Medizintechnik GmbH, Invibio Ltd., B. Braun Melsungen AG, Surgalign Spine Technologies, Aesculap Implant Systems, MiRus LLC, NuVasive, Inc., Gesco Healthcare, Nexxt Spine, LLC |
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