Dynamic Spinal Tethering Systems Market Size, Share, Price, Trend and Forecast - 2029 | FMI Report

Dynamic spinal tethering systems are used for the correction of irregular spine in adults as well as pediatrics. The dynamic spinal tethering systems are generally used in the patients suffering from the scoliosis or any other form of the spine deformity. The tether is anchored using the dynamic system in the spinal cord’s vertebrae and providing the much required support and assistance in treatment of scoliosis. The use of dynamic spinal tethering systems is generally more observed in children to correct the deformity earliest.

Dynamic Spinal Tethering Systems Market: Drivers and Restraints

The superiority of the dynamic spinal tethering systems in treatment of spinal deformities and especially in scoliosis is the prime driver in the market. Increasing prevalence of the scoliosis is expected to further drive the growth of the market globally. Increasing product availability of the dynamic spinal tethering systems in developing regions further expected to drive the growth of the dynamic spinal tethering systems market. Superiority of the dynamic spinal tethering systems in the treatment as compared other options for the treatment of scoliosis and spine deformity further expected to drive the growth of dynamic spinal tethering systems market. Increasing awareness about the scoliosis and spine related deformities and their treatment options expected to fuel the growth of dynamic spinal tethering systems market. As per American Association of Neurological Surgeons (AANS), more than 8 million children or adolescents are living with scoliosis which represents significant revenue generation opportunity in dynamic spinal tethering systems market. Increasing treatment seeking rate across the world in patients suffering with scoliosis and spine disorders further expected to drive the growth of the dynamic spinal tethering systems market. Whereas, high cost of the dynamic spinal tethering systems makes it less affordable in developing countries due to lower per capita healthcare spending and poor state of reimbursement scenario, which may hamper the growth of the market. The manufacturers are making an extended efforts to improve their geographical product footprints across various regions to improve their growth prospect in the global dynamic spinal tethering systems market.

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Dynamic Spinal Tethering Systems Market: Overview

The global market is expected to experience significant growth over the forecast period due to increasing adoption of dynamic spinal tethering systems. By application, the global dynamic spinal tethering systems market is expected to be dominated by scoliosis due to higher adoption for the treatment. By end user, the global market is expected to be dominated by hospitals due higher patient footfall for the procedure. Improving healthcare infrastructure and increasing awareness about available treatment option in the form of dynamic spinal tethering systems.

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Dynamic Spinal Tethering Systems Market: Key Players

The key participants operating in the global dynamic spinal tethering systems market are: INTUITIVEX, Medronic, Alphatec Spine, Inc., Arthrex, Camber Spine, DePuy Synthes, Exactech, Inc., Globus Medical Inc. and others.