The European spine surgery devices market is expected to reach $3.46 billion by 2021. The spinal fusion & fixation is the largest segment in the European spine surgery devices market, with a share of 66.5% in terms of value. It is projected to grow at a CAGR of 6.2% during the forecast period.
Factors driving the demand for Spine Surgery Devices are the incidences of road accidents, and the increasing incidence of spinal deformities such as disc compression amongst the aging population in the European region. The increasing demand from the aging population, along with the advancement in medical technology (minimally invasive techniques and biologics), is driving the demand for the spine surgery device market in this region.
The European Spine Surgery Devices market is estimated to be dominated by New product launches, & Mergers & Acquisitions are the major strategies adopted by most market players to achieve growth in the European Spine Surgery Devices market. Although some of the major companies operating in the spinal implants market are Zimmer Inc., DepuySynthes Companies, Stryker, Medtronic, Alphatec Spine, Inc., NuVasive Inc., Seaspine, Orthofix International N.V., Globus Medical Inc., and B. Braun Melsungen, there are also other important key players. They are European Companies with experience, know-how and resources that enable them to design, manufacture and distribute spinal systems in Europe and in many cases also in the US.
The TOP 20 European Spine Companies:
- PART 1: Spineart, SpineGuard, Z-Medical, Medicrea, Ulrich.
- PART 2:
6.- SPINEWAY
Spineway, established by Stéphane Le Roux and Philippe Laurito in 2005, is an independent company which designs, develops and markets ranges of state-of-the-art surgical implants and ancillaries used at all levels in the spinal column (lumbar, thoracic and cervical). Spineway’s offer has historically been centred on the provision of gold-standard products meeting the clearly identified needs of international markets. The Spineway ranges allow over 80% of operating needs to be met.
Spineway is based in Ecully (France) and has an international network of over 50 independent distributors and 90% of its turnover comes from exports. Recognised for its innovation and strong growth, Spineway was a Deloitte Fast 50 winner (2011), was awarded the OSEO Excellence award in 2011 and the INPI innovation award for Rhône-Alpes in 2013. The company was listed on the stock market for the first time on 13 February 2013 at the NYSE Alternext Paris under the symbol ALSPW.
Website: www.spineway.com
7.- MEDACTA
Medacta International is a Swiss company headquartered in Castel San Pietro, Ticino that develops, manufactures and distributes orthopaedic and neurosurgical medical devices worldwide. Medacta was founded in 1999 by Dr Siccardi with a vision of redefining better through innovation for people needing joint replacement and spine surgery.
Medacta specializes in highly innovative minimally-invasive, personalized approaches designed to bring renewed hope and optimism to patients. At the 2014 North American Spine Society (NASS) Annual Meeting, Medacta’s new MySpine® Patient Matched product was awarded “Best New Technology – Posterior Thoracolumbar Spine Treatments”. Through medical education, our innovation leads to better results for both patients and the healthcare system.
Website: https://www.medacta.com
8.-SIGNUS Medizintechnik
Founded by Susanne and Uwe Siedler in Alzenau in Lower Franconia in 1994, SIGNUS Medizintechnik, headquartered in Alzenau, Bayern (Germany) currently employs around 70 people in Germany and Australia. SIGNUS offers the complete product range from cervical spine to sig (sacroiliac joint), which are mainly produced in the nearby production, the ProCon medical technology. In addition to Europe (CE) and the US (FDA), they distribute their certified implants worldwide on all continents.
Website: http://www.signus.com/intl/
9.-SAFE ORTHOPEDICS
Safe Orthopaedics, a company founded in 2010 in Paris, France, by Pierre Dumouchel and Dominique Petit develops and markets a range of sterile implants and associated single-use surgical instruments.
Safe Orthopaedics is focused on enhancing cost effectiveness, safety and efficiency of orthopaedic implants and instrument systems. These are achieved by a new paradigm of single-use, sterile and traceable procedure kits.
By streamlining the expensive, complex and inefficient process by which implant systems are delivered, Safe Orthopaedics endeavours at dramatically improving the value proposition of these procedures for hospitals, surgeons and the collective healthcare systems that finance them. Since February 2005, Safe Orthopedics lists on Euronext Paris.(SAFOR)
Website:safeorthopaedics.com/
10.- VEXIM
Based in Balma, near Toulouse (France), Vexim is a medical device company created in February 2006. The Company has specialized in the creation and marketing of minimally-invasive solutions for treating traumatic spinal pathologies. Benefiting from the financial support of it longstanding shareholder, Truffle Capital and from OSEO public subsidies, Vexim has designed and developed the SpineJack®, an implant for the reduction of mobile spinal fractures and restoration of the balance of the spinal column.
The Company currently has 65 members on its staff and it has its own sales teams in France, Germany, Austria, Italy, Spain, as well as distributors in European area, in Asia area, in LATAM areas, in the Middle East, in South Africa and in the following countries where the product is currently being registered: Mexico, Bosnia and Herzegovina, Vietnam, Iran. Moreover, it was already registered in Australia. In October 2017, Stryker acquired Vexim for $216m.
Website: www.vexim.com