Anterior Cervical Plating Market

Anterior Cervical Plating Market Outlook (2024 to 2034)

The global anterior cervical plating market is approximated to reach a valuation of US$ 961.76 million in 2024, according to a new research report published by Fact.MR. Demand is evaluated to increase at a CAGR of 9.4% to achieve a size of US$ 2.36 billion by the end of 2034.

The requirement for surgical procedures is driven by the rising number of disorders, such as herniated discs, cervical spondylosis, degenerative disc degeneration, and others. The need for anterior cervical plating systems is increasing as more patients need cervical spine stability. Demand for anterior cervical plating is increasing among the aged population due to the rising number of cases related to spinal injuries and disorders. Surgical results are improving continuously due to advancements in anterior cervical plating systems, such as the creation of new materials, better plate designs, and improved fixation mechanisms. These developments are making these tools more attractive to both patients and doctors.

With a 35% global market share, the North American region will lead in 2024. The market in North America is showing bullish sentiments due to increasing investment in medical technology. In addition, strong research and development activities are further positively affecting the market growth in the region, as they are further driving up innovation in spinal surgeries and devices. Western Europe is second in lead and this region is projected to register revenue worth US$ 205.64 million in 2024. The market is continuously on an uptrend in the region due to favorable regulatory frameworks for innovative medical technology.

Based on material type, the pure titanium segment is forecasted to account for 49.4% of the overall market revenue in 2024. Demand for pure titanium material is high in the market because of its superior strength, corrosion resistance, and biocompatibility. As titanium is lightweight and maintains structural integrity without adding weight, it is the perfect material for surgical implants.

Report Attributes	Details
Anterior Cervical Plating Market Size (2024E)	US$ 961.76 Million
Forecasted Market Value (2034F)	US$ 2.36 Billion
Global Market Growth Rate (2024 to 2034)	9.4% CAGR
North America Market Share (2024E)	35%
Western Europe Market Value (2024E)	US$ 205.64 Million
South Asia & Pacific Market Growth Rate (2024 to 2034)	11.7% CAGR
Pure Titanium Segment Value (2034F)	US$ 1.16 Billion
Hospitals Segment Value (2034F)	US$ 1.22 Billion
Key Companies Profiled	Gesco Healthcare; Nexxt Spine, LLC; Invibio Ltd.; Aesculap Implant Systems; NuVasive®, Inc.; B. Braun Melsungen AG; Stryker Corporation; Surgalign Spine Technologies; MiRus ™ LLC; SIGNUS Medizintechnik GmbH; RTI Surgical®; Integra LifeSciences; Biomet Spine LLC; Meditech Spine; Altus Spine; Zimmer Biomet; Icotec AG.

Initially, anterior cervical instrumentation was just used in cervical trauma. However, due to obvious benefits, indications for its use have been expanded over time to degenerative cases as well as tumors and infection of the cervical spine. Along with a threefold upsurge in the frequency of cervical fusion surgery, there has been noteworthy progression observed in the implant designs over the last three decades.

Anterior cervical plating is not conclusively improving the clinical outcome of the patients, but it surely does enhance the efficacy of autograft and allograft fusion and lessens the rate of pseudoarthrosis and kyphosis after multilevel discectomy and fusions. The increasing number of deformities due to the rise in the number of trauma cases along with the probable advantages that utilization of anterior cervical plates possesses is leading a large number of people opting to undergo cervical fusion surgery.

In addition, the rising incidence of tumors that have a severe impact on an individual’s well-being is also contributing to the growth of the anterior cervical plating market. Thus, due to rising demand, the manufacturers are focusing on delivering technologically advanced products in the anterior cervical plating market.

There is intense competition due to the large number of players present in the market. The rising efforts by the key players to smartly differentiate their products with innovative and user-friendly features serve as the primary strategy to sustain their strong position in the anterior cervical plating market.

Technological Advancement in the Development of New Anterior Cervical Plating Systems Expected to Accelerate the Growth of Anterior Cervical Plating Market

Manufacturers in the anterior cervical plating market are giving utmost importance to technological advancements to enhance their product portfolio and deliver the most efficient and time-saving products to their customers. Recent advancements in the anterior cervical plating systems include the introduction of self-locking and zero profile locking mechanisms in the screws used in the plating systems. This mechanism enables the surgeon to use the plating system easily and also reduces the surgical steps, which helps in saving time.

Thus, the increasing focus on technological advancements and the introduction of products integrated with this advanced technology is expected to accelerate the growth of the anterior cervical plating market.

How is the Introduction of New Biomaterials in the Manufacturing of Anterior Cervical Plating Systems Expected to Impact the Anterior Cervical Plating Market?

Currently, maximum of the anterior cervical column plates that are present in the market are made of metals. Some of these plates have been linked to complications following implantation. The most often used material in manufacturing the anterior cervical column plates is titanium which promotes tissue adhesion and is believed to contribute to dysphagia, or trouble swallowing. Due to this, manufacturers are now looking for alternative materials that are used and possess fewer or no complications. Materials such as PEEK-OPTIMA are used which is biologically inert and does not promote tissue adhesion. Manufacturing plates with this proven biomaterial helps to reduce the prevalence and/or severity of dysphagia following ACDF surgery.

Thus, the advantages that the anterior cervical plating systems composed of biomaterials possess over the ones prepared by using metal are expected to lead the surgeons and patients to shift towards them and will help in increasing the sales in the anterior cervical plating market.

What are the Key Challenges that Restrain the Growth of the Anterior Cervical Plating Market?

The high cost of procedures and the post-operative risk involved while fixing the anterior cervical plating systems are the key factors that restrain the growth of the anterior cervical plating market. In addition to this, strict regulatory compliances also hinder the market to a certain extent.

Competitive Landscape

Key players operating in the anterior cervical plating market include

• Gesco Healthcare
• Nexxt Spine, LLC
• Invibio Ltd.
• Aesculap Implant Systems
• NuVasive®, Inc.
• B. Braun Melsungen AG
• Stryker Corporation
• Surgalign Spine Technologies
• MiRus ™ LLC
• SIGNUS Medizintechnik GmbH
• RTI Surgical®
• Integra LifeSciences
• Biomet Spine LLC
• Meditech Spine
• Altus Spine
• Zimmer Biomet
• Icotec AG.

What Strategies are Adopted by the Key Players to Increase their Market Share in the Anterior Cervical Plating Market?

The introduction of new products with better and more advanced features that easily differentiate them from other products in the market is the prime strategy adopted by the key players in the anterior cervical plating market. In addition to this, manufacturers in the anterior cervical plating market are increasingly focused on getting regulatory approvals for the marketing and sales of their newly developed products.

With the launch of new products, the manufacturers are aiming to create a strong portfolio that offers a wide range of products to choose from in the anterior cervical plating system market.

• For instance, In November 2020, NuVasive Inc. launched the C360 cervical spine portfolio with its Anterior Cervical Plating system. The system contains a thin plate measuring 1.6mm and is used to reduce common postoperative complications such as dysphagia, malalignment, and adjacent-level ossification. This allows surgeons to customize treatment to patient needs.
• In July 2019, MiRus ™ LLC announced that the CYGNUS™ Anterior Cervical Plate System received FDA approval. CYGNUS™ Anterior Cervical Plate System is the narrowest and thinnest cervical plate in the market, which helps in reducing surgery time and minimizes the risk of complications in patients undergoing anterior cervical fusion.

What are the Key Opportunities for Anterior Cervical Plating Manufacturers?

With the rising developments in the anterior cervical plating market and the increasing adoption of cervical fusion surgery, it is predicted that the anterior cervical plating market will observe a significant amount of rise in overall revenue during the forecast period. The increasing awareness regarding tumors and a large number of the population opting to undergo treatment for the same also predicts lucrative growth. Moreover, manufacturers in the market focus on collaborating with orthopedic hospitals that are solely dedicated to the purpose of orthopedic treatments and procedures to create awareness regarding the surgery and its products.

In addition to this, the increasing disposable income in Asia Pacific reflects considerable growth opportunities. Hence, manufacturers in the anterior cervical plating market focus on expanding their presence in the developing markets of this region. This will help them to increase their market share in the global anterior cervical plating market.

Why is the U.S. Projected to be the Biggest Market for Anterior Cervical Plating?

The developed healthcare infrastructure is the major factor that is contributing to the dominance of the U.S. in the anterior cervical plating market. In addition to this, the favorable reimbursement scenario and the presence of major key players in the country are also helping the country to continue to be the major market for anterior cervical plating. Moreover, the increasing affordability for the patients to undergo surgery projects lucrative growth during the forecast period as well.

Will the Surging Trauma Cases Lead to Germany’s Dominance in the European Market?

Germany has been reported to have more than 7 million accidents every year of which 35,000 patients sustain severe injuries. To encounter this major problem, the German Trauma Society initiated “TraumaNetwork”, a project for the regionalization of trauma care. This project was started to secure and, if possible, improve the care of the severely injured by the implementation of defined standards of care nationwide. Thus, the rising trauma cases in Germany along with the favorable healthcare infrastructure in the country will promote sales in the anterior cervical plating market. Because of this, it is concluded that Germany will continue to dominate the European market for anterior cervical plating.

The report covers an exhaustive analysis on

• Anterior cervical plating Market Segments
• Anterior cervical plating Market Dynamics
• Historical Actual Market Size, 2019 to 23
• Anterior cervical plating Market Size & Forecast 2024 to 2034
• Market Current Trends/Issues/Challenges
• Competition & Companies involved
• Market Drivers and Restraints

Regional analysis includes

• North America
• Latin America
• Europe
• East Asia
• South Asia
• Oceania
• Middle East & Africa

However, with the opening of the economies and the introduction of vaccines, the anterior cervical plating market is predicted to observe positive growth during the forecast period.

Segmentation of Anterior Cervical Plating Market Research

• By Material Type :

  • PEEK Optima
  • Pure Titanium
  • Titanium Alloy

• By End User :

  • Hospitals
  • Ambulatory Surgical Centers
  • Specialized Orthopaedic Centers

• By Region :

  • North America
  • Western Europe
  • Eastern Europe
  • Latin America
  • East Asia
  • South Asia & Pacific
  • Middle East & Africa