What is spine surgery? Specifically it’s:
- Anterior Lumbar Interbody Fusion (ALIF)
- Anterior Cervical Corpectomy
- Anterior Cervical Discectomy and Fusion (ACDF)
- Axial Lumbar Interbody Fusion (AXiaLIF)
- Cervical Laminaplasty
- Cervical Posterior Foraminotomy
- Direct Lateral Interbody Fusion (DLIF)
- Endoscopic Surgery
- eXtreme Lateral Interbody Fusion (XLIF)
- Foraminotomy and Foraminectomy
- Intradiscal Electrothermal Therapy (IDET)
- LASER Surgery
- Microdiscectomy (Minimally Invasive Technique)
- Oblique Lumbar Interbody Fusion (PLIF)
- Posterior Lumbar Interbody Fusion (PLIF)
- Scoliosis Correction
- Spinal Decompression
- Spinal Fusion
- Spinal Instrumentation
- Spinal Osteotomy
- Thoracoscopic Release
- Transforamenal Lumbar Interbody Fusion (TLIF)
These represent the range of options to address diseases and trauma of the spine. To varying degrees, these procedures can require multiple instruments and/or implants and other products, which encompass the following:
- Cervical interbody cages or spacers
- Anterior cervical plates
- Artificial cervical discs
- Thoracolumbar plate systems
- Interbody fusion devices
- Thoracolumbar screw/rod systems
- Minimally invasive implants
- Artificial disc replacement implants
- Interspinous implants
- Demineralized bone matrix
- Synthetic bone graft substitutes
See pending Report #M540.
Few medical device markets have demonstrated the kind of staying power — prices, procedure growth, market growth — shown by spine surgical technologies. The swelling caseload of new patients, the persistent clinical need and the stream of innovations from manufacturers in this arena have enabled growth rates that have not recently been seen in most other device markets.
Of course, the market has been pinched by insurer pushback on some procedures (e.g., fusion when degenerative disc disease is involved), price pressures on some established devices and, in the U.S., regulatory reform that is long in coming.
A definite kind of demand inelasticity exists in spine disorders and trauma that has enabled it to be an area in which manufacturers have been able to succeed despite the capital restrictions and recessionary forces that have plagued markets since at least 2008.
Spine surgery technologies are comprised of the following discrete segments:
- Posterior Pedicle Screw Fusion Systems
- Anterior Cervical Plate Systems
- Anterior Thoracolumbar Plate Systems
- Anterior Lumbar Interbody Fusion (ALIF) devices
- Transforaminal Lumbar Interbody Fusion (TLIF) devices
- Posterior Lumbar Interbody Fusion (PLIF) devices
- Axial Lumbar Interbody Fusion (AxiaLIF) devices
- Interspinous Process Spacer (ISP)
- Cervical Artificial Discs
- Lumbar Artificial Discs
- Balloon Kyphoplasty
- Demineralized Bone Matrix (DBM)
- Bone Morphogenetic Proteins (BMPs)
Below is an exhibit (drawn from the 2011 MedMarket Diligence worldwide report on spine surgery) illustrating the different growth in spine surgery technology segments.
Source: MedMarket Diligence Report #M520.
Posterior pedicle screw fusion systems currently represent the largest share of the global spine technology market, a dominance that will persist through the forecast period based on its large established base. However, as is evident in the uptake of new spine technologies, there is ample opportunity for participants in all but a few sectors that are declining in absolute or relative terms.
Allografts are the main “traditional” orthopaedic biomaterials. This market segment includes bone allografts (fresh, or freeze-dried bone; also demineralized bone) and soft-tissue allografts, including cartilage, tendons and meniscus.
The global market for all allografts in 2006 is estimated at $1.5 billion, with bone allografts contributing half of that, soft-tissue allografts $500 million, and demineralized bone the remaining $250 million. The segment size and growth are shown at right..
Growth in the allograft market to 2011 will show a doubling in the ligament and cartilage segments, even greater growth in meniscus, but relatively slow growth in bone allografts. The reason for the anticipated surge in soft-tissue allografts is the increasing demand for repair procedures related to growth in more active lifestyles among affluent younger people. Bone allografts, by contrast, face increasing competition from synthetic bone substitutes and there is a continuing shortage of donor material.
Data is drawn from MedMarket Diligence report #M625, "Emerging Trends, Technologies and Opportunities in the Markets for Orthopedic Biomaterials, Worldwide."