At Miraclus, we innovate, manufacture and market ‘global quality’ medical (orthopaedic) implants & instruments. We fulfil the patient’s aspirations to acquire world class quality orthopaedic implants within their budget with our 40+ years of engineering and manufacturing experience & expertise.It all started in the year 1970 when our founding father (the engineering intelligence behind our products) – Mr. Dilip Thaker came to know about a fellow citizen’s (patient) inability to afford an implant (because of its high cost). While he went ahead and paid for the implant for his fellow countryman, that incident left an ever-lasting imprint in his memory and his heart. 40 years later, he founded Miraclus.
Today, with his “ever so curious intelligence & passion to do something for the country”, his son, Mr. Pranav Thaker is carrying the torch forward with his experiential expertise in precision engineering and product design and has established Miraclus as a world class orthopaedic implants manufacturer.Through Innovative Research & Development, we are evolving from merely a company into a ‘revolution’, an ‘idea’, and a ‘vision’ providing technologically advanced Spine & Trauma implants.https://miraclus.com
About the Spinal Market
The Spinal implants and spinal devices market, by technology, includes spinal fusion and fixation, vertebral compression fracture treatment, and motion preservation/non-fusion technologies. On the basis of products, the global spinal implants and spinal devices market is divided into six major segments, namely, thoracic fusion and lumbar fusion devices, cervical fusion devices, spine biologics, vertebral compression fracture treatment devices, motion preservation/non-fusion treatment devices, and spine bone stimulators. Bases on the type of surgery, the global spinal implants and spinal devices market is divided into two segments, namely, open surgery and minimally invasive surgery. The spinal decompression devices market, by type of procedure, covers discectomy, laminotomy/laminectomy, foraminotomy/foraminectomy, facetectomy, and corpectomy procedures.
The Spinal market is expected to reach USD 15.73 Billion by 2020, growing at a CAGR of 5.6% from 2015 to 2020. As of 2015, North America is estimated to hold the largest share of the global spinal implants and spinal devices market, followed by Europe. However, the Asia-Pacific market is expected to grow at the highest CAGR of 8.2% from 2015 to 2020. A number of factors, including rising healthcare expenditure in developing nations owing to growing income levels, increasing government funding, presence of a large patient population, rising obesity cases, and growing awareness on the newly developed spine treatment techniques and devices are propelling the growth of the spinal implants and spinal devices market in the Asia-Pacific region. However, challenges associated with this market, such as scarcity of expertise and trained healthcare workers and lack of adequate patient awareness restricts the market growth in this region.Source: marketsandmarkets.com