How Big is The Europe Spinal Implants Market?
The Europe Spinal Implants Market is expected to exceed more than US$ 3.8 Billion by 2024 by growing at a compound annual growth rate of 5.7 percent according to a Data Bridge Market Research analysis. The German market is the greatest followed by France, United Kingdom, Italy and Spain.
The major driving factors of Europe Spinal Implants Market are as follows:
- Rise in obese population
- Rise in Government healthcare expenditure
- Cost effective spinal devices
- Rising demand in minimally invasive spine surgery
- R&D in spinal surgeries are continuously progressing
The restraining factors of Europe Spinal Implants Market are as follows:
- High procedural cost of treatments
- Stringent regulatory guidelines for the approval of new medical devices
- Uncertainty in reimbursement
- Pressure on market players relating to price is high
The Top 20 European Manufacturers Of Spinal Implants
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.
1.- SPINEART
Spineart is a privately held swiss medical device company focused on simplifying the surgical act by designing, developing and promoting safe and efficient solutions to spine surgeons, operating room teams, and patients. Spineart is a pioneer in its field, having introduced unique patented and clinically validated technologies in the fields of Minimally Invasive Surgery, Motion Preservation, Fusion, Biologics, and Fractures Treatment. Spineart markets a complete portfolio combining traceable barcoded sterile packed implants with compact instrument sets, thus proudly promoting greater safety, cost-efficiency, and compliance at the hospital.The company is represented in over 55 countries. Their main Headquarters is in Geneva. The company was co-founded in 2005 by Jérome Levieux and Stéphane Mugnier-Jacob, who both have over 20 years’ experience in the spine industry and co-lead Spineart.The goal of the Company has been to accelerate its expansion, by growing its market share in Europe and the US as well as by entering new markets. Spineart is an independant company with his headquarters in Geneva, Switzerland and direct sales network in Australia, Austria, Belgium, France, Germany, Italy, Spain, United Kingdom, United States. Spineart USA Inc. was incorporated in 2009 and is based in Irvine, California. Spineart USA Inc. operates as a subsidiary of Spineart Geneva SA.
Technologies:
- STERILE IMPLANTS: All Spineart implants are individually sterile packed and barcoded for increased safety, implant integrity, traceability, liability and cost savings.
- MIS K-WIRELESS:The K-Wireless option provided by Spineart reduces intra-operative X-rays and risks of K-wire migration, while decreasing the learning curve associated with common M.I.S. techniques
- 360° P-SCREWLESS: Spineart offers an alternative to pedicle screw fixation with its 360° P-Screwless platform for safer, faster and easier M.I.S. surgery.
- TI-LIFE TECHNOLOGY:Ti-LifeTECHNOLOGY replicates the trabecular bone to support cell adhesion and bone in-growth. This patented technology is based on a revolutionary algorithm associated with a state-of-the-art additive manufacturing process.
Web Page: http://www.spineart.com
2.-SPINEGUARD
SpineGuard is a public company listed on the NYSE Alternext (ticker: ALSGD) in Paris since April 29, 2013. Pierre Jérôme and Stéphane Bette founded the company in January 2009 with the aim to fully exploit the great clinical and market potential of PediGuard, the first and only handheld device capable of alerting surgeons in real time to potential pedicular or vertebral breaches. The original inventors of the technology, Ciaran Bolger, MD PhD and Maurice Bourlion, PhD are also part of the endeavor, as well as Randal R. Betz, MD, leader of SpineGuard’s international clinical study group. Alan Olsen, the founder of Danek Medical Inc., now Medtronic Spine, was elected as SpineGuard’s Chairman in May 2010. Omnes Capital, IPSA, A Plus Finance and Delta Partners are the four historical financial investors of the company. SpineGuard’s mission is to MAKE SPINE SURGERY SAFER with the vision to establish PediGuard® as the STANDARD OF CARE FOR SAFER PEDICLE SCREW PLACEMENT benefitting patients, surgeons, operating room staff and health care providers. SpineGuard is also exploring other applications for the Dynamic Surgical Guidance platform provided that they are in line with the mission.
The corporate headquarters of SpineGuard is in Vincennes, near Paris, France.To support the DSG Technology and its adoption in the US market, SpineGuard Inc. maintains a sales and marketing office in San Francisco, California.SpineGuard also has a sales coverage with a network of about 45 distributors worldwide.
Technology
- The DSG Technology is based on the differential electrical conductivity of various tissue types. It has been determined that blood, neural and vascular tissue have the most conductivity, cancellous bone has medium conductivity, and cortical bone has the least conductivity of all tissues that are encountered during a typical spinal fusion procedure. Audible and visual signals indicate tissue type based on measurements of electrical conductivity.
- SpineGuard products prepare the pilot hole for pedicle screw placement during spine surgery.The PediGuard probes address various spine pathologies and surgical approaches.The PediGuard probe is FDA-cleared and CE-marked, but it is not cleared for use in the cervical spine by the FDA in the US.
- The PediGuard probe is a stand-alone, handheld device that can detect possible vertebral cortex perforation during pedicle preparation for screw placement. The PediGuard probes can alert the surgeon prior to a breach by accurately analyzing the electrical conductivity of the surrounding tissues in real time.This, in turn, can prevent a cortical breach, and also help the surgeon redirect the probe and advance down the desired path.Clinical studies have shown that the PediGuard devices can reduce radiation exposure and screw placement time during the spinal procedure.
Website: http://www.spineguard.com
3.- Z MEDICAL
Z-Medical GmbH + Co. KG was founded in 2010 and is a privately held and financed medical device company that designs, develops, manufactures and markets innovative implants and surgical instruments in the section of spine, hand & foot and arthroscopy.The corporate headquarters is located Tuttlingen, Baden-Württemberg and the company´s U.S. subsidiary is based in Atlanta, Georgia.Currently we work with over 30 distribution partners worldwide.Z-Medical implants and instruments are made in-house and stand for precision, innovative simplicity and ready for surgery
Technology in Spine
- Innovative MIS Pedicle Screw System with patented screw design with only one instrument set.The MIS Z-Pedicle Screw System and the pre-sterilized implants offer surgeons an ideal solution for their indication specific needs (non-cervical spine). The innovative screw design with only one instrument set enable them to efficiently and cost effectively address the most common pathologies. It was designed for a minimally-invasive approach for less tissue disruption, blood loss and trauma and is approved for Degenerative, Trauma, Tumor and Deformity application.It offers an optimal intraoperative control, reduces surgical steps and allows smaller incisions for a better cosmetic result.
- Sterile packaging – UDI conform, matrix coded and ready for surgery (implants and sterile instruments).All Z-implants are single sterile packaged and ready for surgery. Surgeons and OR staff get more flexibility and additionally achieve a maximum of safety for themselves, the hospital and the patient.
- No investment in inventory.The innovative screw design enables surgeons to efficiently and cost effectively address the most common pathologies with only one instrument set. Optional instruments allow revision and extension surgeries. Double placing of instruments allows surgeons to work simultaneously.The advantage for the distributors or hospitals is that they always have the proper instrument set available – while competitive systems require a specific implant system with more than one instrument sets for each individual indication.All implants as well as the sterile instruments such as the guide wire are sterile packaged and ready for surgery. Surgeons, OR staff achieve a maximum of safety for themselves, the hospital and the patients.While the MIS Z-Pedicle Screw System offers maximum flexibility and availability, it reduces inventory as well as logistic costs for distributors and hospitals.
Websites: www.z-medical.de | www.z-medicalUSA.com
4.- MEDICREA
Medicrea was cofounded by Denys Sournac who was involved in the acquisition of Medicrea Technologies by Medicrea International in 2002. The Company has 175 employees worldwide, which includes 50 who are based in the U.S. The Company has an ultra-modern manufacturing facility in Lyon, France housing the development and production of 3D-printed titanium patient-specific implants.Medicrea leads the design, integrated manufacture, and distribution of 30+ FDA approved spinal implant technologies that have been utilized in over 150,000 spinal surgeries to date.The parent company of the MEDICREA Group, based in Rillieux-la-Pape (France), MEDICREA International performs the export distribution, marketing, research & development, monitoring of clinical studies, the logistics platform and the administrative and financial functions for various entities.Based in New York (United States), MEDICREA USA has been operating since 2007. It promotes implants designed and developed by the Group and distributes them in the United States. The company also takes part in clinical trials carried out in the US.
Website: https://www.medicrea.com
5.- ULRICH
The company was founded in Ulm, Germany in 1912 by Heinrich C. Ulrich and has remained a family-owned company to this day. As one of the few in the industry we still develop and produce our products in Germany.Ulrich employs a total of more than 320 employees at their headquarters in Ulm.The Company primarily serve the German market directly while also collaborating with their sales partners worldwide. Their first subsidiary was ulrich medical USA founded in 2006 in St. Louis, Missouri.In October 2017, it was established a subsidiary in France based in Toulouse.ulrich medical develops, produces and markets innovative medical technology. with product divisions in spinal implants, contrast media injectors, surgical instruments and tourniquets.
Website: http://www.ulrichmedical.com | http://www.ulrichmedicalusa.com