Product Code: ETC8852237 | Publication Date: Sep 2024 | Updated Date: May 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Shubham Deep | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Devices used in spinal fusion procedures, such as interbody cages, plates, and screws, are gaining popularity in the Philippine orthopedic market. The rise in spine surgery volumes, coupled with increased physician training and hospital investments in spinal instrumentation, supports the robust growth of this segment.
The spinal fusion device market is closely aligned with the growth of spinal surgeries. Demand for cages, rods, plates, and screws is rising, with hospitals adopting newer materials like PEEK and titanium for better fusion results. Both local and international device manufacturers are actively supplying to this evolving market.
The spinal fusion device market in the Philippines faces challenges related to the high cost of advanced spinal fusion devices. The limited availability of local manufacturers means that the market is heavily reliant on imports, which increases costs. Furthermore, the complexity of these devices requires specialized training for medical professionals, which can create a barrier to widespread adoption.
The Philippines Spinal Fusion Device Market is growing in response to the increasing need for spinal fusion surgeries due to degenerative spine diseases and trauma. These devices are critical for stabilizing the spine and promoting healing after surgery. Investment opportunities lie in the development of innovative spinal fusion devices that are more effective, easier to implant, and provide better long-term outcomes for patients. The market will benefit from the ongoing advancement of surgical techniques and a rising focus on minimally invasive procedures.
The regulation of spinal fusion devices is managed by the FDA, which evaluates devices for safety, efficacy, and compatibility with spinal anatomy. The government promotes the use of advanced spinal implants and encourages local research and development through grants and partnerships with orthopedic device companies. Policies also support the integration of spinal devices into insurance packages to make them more affordable for patients undergoing fusion surgeries.
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 Philippines Spinal Fusion Device Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Spinal Fusion Device Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Spinal Fusion Device Market - Industry Life Cycle |
3.4 Philippines Spinal Fusion Device Market - Porter's Five Forces |
3.5 Philippines Spinal Fusion Device Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Philippines Spinal Fusion Device Market Revenues & Volume Share, By Disease Type, 2021 & 2031F |
3.7 Philippines Spinal Fusion Device Market Revenues & Volume Share, By Surgery, 2021 & 2031F |
3.8 Philippines Spinal Fusion Device Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Philippines Spinal Fusion Device Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Spinal Fusion Device Market Trends |
6 Philippines Spinal Fusion Device Market, By Types |
6.1 Philippines Spinal Fusion Device Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Philippines Spinal Fusion Device Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Philippines Spinal Fusion Device Market Revenues & Volume, By Thoracolumbar Devices, 2021- 2031F |
6.1.4 Philippines Spinal Fusion Device Market Revenues & Volume, By Anterior Lumbar Plates, 2021- 2031F |
6.1.5 Philippines Spinal Fusion Device Market Revenues & Volume, By Pedicle Screw and Rods, 2021- 2031F |
6.1.6 Philippines Spinal Fusion Device Market Revenues & Volume, By Others, 2021- 2031F |
6.1.7 Philippines Spinal Fusion Device Market Revenues & Volume, By Cervical Fixation Devices, 2021- 2031F |
6.1.8 Philippines Spinal Fusion Device Market Revenues & Volume, By Anterior Cervical Plates, 2021- 2031F |
6.1.9 Philippines Spinal Fusion Device Market Revenues & Volume, By Others, 2021- 2031F |
6.1.10 Philippines Spinal Fusion Device Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Philippines Spinal Fusion Device Market, By Disease Type |
6.2.1 Overview and Analysis |
6.2.2 Philippines Spinal Fusion Device Market Revenues & Volume, By Degenerative Disc, 2021- 2031F |
6.2.3 Philippines Spinal Fusion Device Market Revenues & Volume, By Complex Deformity, 2021- 2031F |
6.2.4 Philippines Spinal Fusion Device Market Revenues & Volume, By Trauma & Fractures, 2021- 2031F |
6.2.5 Philippines Spinal Fusion Device Market Revenues & Volume, By Others, 2021- 2031F |
6.3 Philippines Spinal Fusion Device Market, By Surgery |
6.3.1 Overview and Analysis |
6.3.2 Philippines Spinal Fusion Device Market Revenues & Volume, By Open spine surgery, 2021- 2031F |
6.3.3 Philippines Spinal Fusion Device Market Revenues & Volume, By Minimally Invasive Spine Surgery, 2021- 2031F |
6.4 Philippines Spinal Fusion Device Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 Philippines Spinal Fusion Device Market Revenues & Volume, By Hospitals, 2021- 2031F |
6.4.3 Philippines Spinal Fusion Device Market Revenues & Volume, By Specialty Clinics, 2021- 2031F |
6.4.4 Philippines Spinal Fusion Device Market Revenues & Volume, By Others, 2021- 2031F |
7 Philippines Spinal Fusion Device Market Import-Export Trade Statistics |
7.1 Philippines Spinal Fusion Device Market Export to Major Countries |
7.2 Philippines Spinal Fusion Device Market Imports from Major Countries |
8 Philippines Spinal Fusion Device Market Key Performance Indicators |
9 Philippines Spinal Fusion Device Market - Opportunity Assessment |
9.1 Philippines Spinal Fusion Device Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Philippines Spinal Fusion Device Market Opportunity Assessment, By Disease Type, 2021 & 2031F |
9.3 Philippines Spinal Fusion Device Market Opportunity Assessment, By Surgery, 2021 & 2031F |
9.4 Philippines Spinal Fusion Device Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Philippines Spinal Fusion Device Market - Competitive Landscape |
10.1 Philippines Spinal Fusion Device Market Revenue Share, By Companies, 2024 |
10.2 Philippines Spinal Fusion Device Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |