Product Code: ETC6185603 | Publication Date: Sep 2024 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Australias motion preservation market, which includes artificial discs and spinal motion preservation devices, is expanding in response to the rising geriatric population and increasing spinal disorders. Patients are opting for motion-preserving surgeries over traditional spinal fusion due to better mobility outcomes. Hospitals and orthopedic clinics across the country are adopting new technologies, with health insurance support improving access to such procedures.
In the Australian healthcare sector, the motion preservation market, particularly involving spinal implants and prosthetics, is seeing growth driven by an aging population and rising spinal disorder cases. Technological advancements such as dynamic stabilization systems and disc replacement surgeries are pushing the market toward minimally invasive and motion-preserving solutions.
Motion preservation devices, particularly in spinal surgeries, face challenges related to regulatory approvals and clinical adoption. Surgeons often prefer traditional fusion techniques due to familiarity and long-term data, creating a barrier to market entry for innovative preservation devices. High costs and limited reimbursement policies further constrain adoption. Moreover, the need for rigorous clinical trials and post-market surveillance prolongs the time to market and increases development expenses.
The growing healthcare demand in Australia, particularly in spinal surgery and orthopedic care, makes the motion preservation market a strong area for investment. There is scope for backing medical device companies focusing on minimally invasive solutions and joint-preserving implants. Investment in clinical trials, product localization, and surgeon training programs also offers long-term growth potential.
Motion preservation technologies, particularly in the healthcare sector, are influenced by government policies surrounding medical devices and healthcare practices. Australia`s regulatory body, the Therapeutic Goods Administration (TGA), plays a significant role in the approval process for motion preservation devices, which can be time-consuming and expensive. The governments policies on healthcare funding, particularly Medicare, affect the adoption of new treatments, as reimbursements for motion preservation technologies may not be available, making them less accessible to patients. Policies encouraging the development of medical technologies through grants and tax incentives are beneficial but often don`t extend specifically to newer methods like motion preservation in spine surgery.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Australia Motion Preservation Market Overview |
3.1 Australia Country Macro Economic Indicators |
3.2 Australia Motion Preservation Market Revenues & Volume, 2021 & 2031F |
3.3 Australia Motion Preservation Market - Industry Life Cycle |
3.4 Australia Motion Preservation Market - Porter's Five Forces |
3.5 Australia Motion Preservation Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Australia Motion Preservation Market Revenues & Volume Share, By Surgery, 2021 & 2031F |
3.7 Australia Motion Preservation Market Revenues & Volume Share, By End user, 2021 & 2031F |
4 Australia Motion Preservation Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Australia Motion Preservation Market Trends |
6 Australia Motion Preservation Market, By Types |
6.1 Australia Motion Preservation Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Australia Motion Preservation Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Australia Motion Preservation Market Revenues & Volume, By Total Disc Replacement Devices, 2021- 2031F |
6.1.4 Australia Motion Preservation Market Revenues & Volume, By Posterior Dunamic Devices, 2021- 2031F |
6.1.5 Australia Motion Preservation Market Revenues & Volume, By Facet Replacement Devices, 2021- 2031F |
6.1.6 Australia Motion Preservation Market Revenues & Volume, By Prosthetic Nucleus Replacement, 2021- 2031F |
6.2 Australia Motion Preservation Market, By Surgery |
6.2.1 Overview and Analysis |
6.2.2 Australia Motion Preservation Market Revenues & Volume, By Open Spine Surgery, 2021- 2031F |
6.2.3 Australia Motion Preservation Market Revenues & Volume, By Minimally Invasive Spine Surgery, 2021- 2031F |
6.3 Australia Motion Preservation Market, By End user |
6.3.1 Overview and Analysis |
6.3.2 Australia Motion Preservation Market Revenues & Volume, By Hospital, 2021- 2031F |
6.3.3 Australia Motion Preservation Market Revenues & Volume, By Clinics & Orthopedic Centers, 2021- 2031F |
6.3.4 Australia Motion Preservation Market Revenues & Volume, By Ambulatory Surgical Centers (ASCs), 2021- 2031F |
7 Australia Motion Preservation Market Import-Export Trade Statistics |
7.1 Australia Motion Preservation Market Export to Major Countries |
7.2 Australia Motion Preservation Market Imports from Major Countries |
8 Australia Motion Preservation Market Key Performance Indicators |
9 Australia Motion Preservation Market - Opportunity Assessment |
9.1 Australia Motion Preservation Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Australia Motion Preservation Market Opportunity Assessment, By Surgery, 2021 & 2031F |
9.3 Australia Motion Preservation Market Opportunity Assessment, By End user, 2021 & 2031F |
10 Australia Motion Preservation Market - Competitive Landscape |
10.1 Australia Motion Preservation Market Revenue Share, By Companies, 2024 |
10.2 Australia Motion Preservation Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |