The global interbody fusion cage market size was US$ 1992.9 million in 2021. The global interbody fusion cage market size is forecast to reach US$ 3039.1 million by 2030, growing at a compound annual growth rate (CAGR) of 4.8% during the forecast period from 2022 to 2030.
The interbody fusion cage is an artificial medical device used during spinal fusion surgeries in order to maintain foraminal height and relieve pressure on spinal canals. The interbody fusion cage consists of a hollow cylinder made of titanium, carbon fiber, or allograft femur. An implant designed as a cage allows a bone graft to be placed inside a hollow cylinder to allow the fusion of two spinal vertebrae. The interbody cage provides stability to the spine and to the cervical region. A cage filled with autologous bone material promotes arthrodesis (artificial induction of joint ossification).
Factors Influencing Market Growth
Impact Analysis of COVID-19
The COVID-19 outbreak had negatively impacted the global interbody fusion cages market growth. The pandemic has impacted outpatient clinics, emergency and elective surgery, rehabilitation, resident training, personnel management, the use of personal protective equipment, and all sub-specialties of orthopedics that perform spinal procedures. As a result of social distancing measures taken by governments globally, hospital and healthcare services substantially declined. Additionally, the COVID-19 pandemic affected the global economy and disrupted the general hospital care system worldwide for patients who did not have the disease. Due to many hospitals and clinics being closed due to the lockdown, demand for interbody fusion cage procedures may decrease for the short term.
Regional Insights
North America led the global interbody fusion cages market in 2021 and is forecast to remain dominant during the forecast period. The increased geriatric population, increased prevalence of spinal disorders, and a rise in the number of sports injuries and fatal accidents are driving the demand for interbody fusion cage devices in North America. Well-established healthcare infrastructure is also forecast to boost the market growth in the region.
Leading Competitors
The leading prominent companies profiled in the global interbody fusion cages market are:
Scope of the Report
The global interbody fusion cages market segmentation focuses on Product Type, Surgery, End-User, and Region.
Segmentation based on Product Type
Segmentation based on Surgery
Segmentation based on End-User
Segmentation based on Region