The global spinal laminoplasty market involves surgical procedures that are performed to treat narrowing of the spinal canal. Spinal laminoplasty widens the spinal canal by repositioning the lamina, or rear portion of the vertebrae, to make more room for the spinal cord and nerves. Some key advantages of spinal laminoplasty over other surgical procedures include preserving spinal function and stability, reducing neurological injury risks, and maintaining a patient's posture. The growing geriatric population is increasing the risk of developing spinal disorders like spinal stenosis that require surgical treatment. As per statistics, about 20% of people aged over 60 and nearly 50% of people over 80 are affected by spinal stenosis.

The Global spinal laminoplasty market is estimated to be valued at US$ 5.75 BN in 2024 and is expected to exhibit a CAGR of 4.3% over the forecast period from 2024 to 2031.

Key Takeaways

Key players operating in the global spinal laminoplasty market are DePuy Synthes, Zimmer Spine, Medtronic, Raymedica, Replication Medical, Vertebral Technologies, NP Solutions, Arthro Kinetics, Pioneer Surgical Technologies, Cryo Life, and Synthes Spine. DePuy Synthes especially dominates the market with its wide product portfolio for open and minimally invasive spinal surgeries.

The growing geriatric population prone to developing spinal disorders and the improving reimbursement scenario for spinal surgeries in various countries are fueling the demand for spinal laminoplasty procedures. According to statistics, the number of Americans aged 65 and above is projected to double from 52 million to over 95 million between 2018 and 2060.

Leading market players are also collaborating with hospitals and ambulatory surgical centers globally to spread awareness about spinal laminoplasty and train surgeons, supported by new product launches. For instance, Zimmer Biomet established several Zimmer Institute Spinal Surgery Centers of Excellence across Europe in 2021 to advance spine care and surgeon training.

Market Drivers

The rapidly aging global population is a major market driver for spinal laminoplasty. As per WHO, the population aged 60 years and above is projected to reach 2.1 billion by 2050 from 1 billion in 2020. Older adults have a higher risk of developing age-related spinal issues like spinal stenosis that require surgical intervention. Additionally, advancements in laminoplasty technology like 3D printed implants and neuromonitoring have improved outcomes and postoperative recovery, making the procedure more attractive among surgeons and patients.

Impact of geopolitical situation on market growth and geographical regions

The growth of the global spinal laminoplasty market size is being impacted by the ongoing geopolitical tensions and conflicts across various regions. The healthcare infrastructure and spending has been negatively affected in countries with political and economic instability. This has reduced the focus on spinal procedures and post-operative care. Additionally, international trade restrictions and sanctions in some areas are limiting the availability of modern spinal implants and surgical tools.

To gain momentum, market players must focus on strengthening their distribution channels in politically stable and developed economies where healthcare reforms are encouraging spine surgeries. partnerships with local medical device firms can help gain grounds in emerging markets. It is also important to educate surgeons about minimally invasive laminoplasty techniques through training programs. This will boost adoption and drive the market even in regions with resource constraints. Overall, overcoming geographical barriers through innovative strategies will be key for sustainable growth in the coming years.

Geographical regions with high market concentration

The spinal laminoplasty market witnessed high concentration in the North American and European regions in terms of value in 2024. This can be attributed to the growing geriatric population, rising incidence of spinal disorders, and favorable reimbursement policies for laminoplasty procedures especially in the US, Germany, UK and France. Advanced healthcare facilities and availability of skilled neurosurgeons have propelled the adoption of spinal laminoplasty technique in these developed nations. The market players have also established their presence in these regions through new product launches and strategic collaborations with major hospitals and clinics.

Fastest growing region for the market

Asia Pacific region is expected to be the fastest growing market for spinal laminoplasty globally during the forecast period. This is mainly due to the improving economic conditions, rising medical tourism, increasing healthcare investments and expansions by overseas market players in countries like China, India and Japan. In addition, the growing emphasis on minimally invasive spine surgeries and rising prevalence of spinal stenosis and cervical myelopathy are fueling the adoption of laminoplasty procedures among Asian population. Though from a smaller base, APAC offers immense growth opportunities for global companies through partnerships with domestic medical technology firms.

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