While the COVID-19 pandemic will significantly impact the market in the short term, other factors, such as favorable demographics and increased access to health care in some of the countries covered, will ultimately lead to growth in the Asia Pacific spinal implant market through 2029. Although the spinal implant market will be somewhat limited by pricing pressures, challenging reimbursement environments, and nationalist policies in China and India, advancements in medical facilities and an increased focus on physician training will lead to overall spinal implant market growth.

This Medtech 360 Report provides comprehensive data and analysis on the current state of the market for spinal implants in the Asia Pacific region across a 10-year period.

The emergence of COVID-19 is affecting the spinal implant market in the short term in the Asia Pacific region.

How will COVID-19 affect procedure volumes in the Asia Pacific spinal implant market?

What impact will the pandemic have on market dynamics and what strategies can companies use to remain successful in this market?

Health care reforms in countries such as India and China will support procedure volumes in the Asia Pacific region.

How will reforms such as the Ayushman Bharat Yojana impact the Indian spinal implant market? 

How will such reforms affect adoption of MNC and domestic manufacturer products?

How will government initiatives, such as China's two-invoice policy, affect the growth potential of this market?

The aging population and rising middle-class in China and India will largely dictate the growth of the overall market.

As the largest market in the Asia Pacific region, to what extent will procedure volumes grow within the Chinese market for spinal implants? 

How will the Indian market grow in comparison to China and the rest of the Asia Pacific region?

The South Korean and Australian markets are approaching maturity with established health care infrastructures and higher product penetration.

How will the South Korean and Australian markets grow, and how will they compare to the emerging Chinese and Indian markets?

How will the dominance of foreign MNCs in Australia affect ASPs and market growth through 2029?

How will increased scrutiny over reimbursement affect these markets through the forecast period?

The Asia Pacific spinal implant market is particularly fragmented, with a varied mix between large international companies and smaller domestic competitors.

What are the key competitive strategies that foreign MNCs and local companies must be mindful of?

Which local competitors have been able to capture notable shares within the Asia Pacific spinal implant space?

How will purchasing priorities in this region evolve through the forecast period?

Table of contents

  • Spinal Implants - Market Insights - Asia Pacific
    • Abstract
    • Executive Summary
      • Market Highlights
        • Factors Impacting the Spinal Implant Market, by Product Type, Asia Pacific
        • Spinal Implant Market, by Procedure Type, Asia Pacific (USD), 2019–2029
        • Spinal Implant Market Landscape, Asia Pacific (USD), 2019 and 2029
      • Competitive Highlights
        • Competitive Factors and Strategies, by Product Type, Asia Pacific
        • Spinal Implant Revenue Market Share Rankings, 2019
        • Companies Mentioned
      • Market Developments
        • Recent Events in the Spinal Implant Market, Asia Pacific
        • Emerging Products for the Spinal Implant Market, Asia Pacific
      • Geographies Covered
        • Geographies Covered, Asia Pacific
        • Average Currency Exchange Rates
      • Procedures Covered
        • Spinal Implant Procedures Covered, Asia Pacific
      • Products Covered
        • Spinal Implant Products Covered, Asia Pacific
    • Key Report Updates
      • COVID-19 Analysis
        • Market Impact
          • COVID-19 Impact Assessment Summary, Spinal Implant Market, Asia Pacific
        • Guidance and Recommendations
          • Guidance and Recommendations for Spinal Implant Procedures
        • Industry and Clinician Perspectives
          • Major Market Forecast Changes and Assumptions
            • Spinal Implant Market, by Procedure Type, Asia Pacific (USD), 2019–2029 (Excluding COVID-19 Impact)
            • Spinal Implant Market, by Procedure Type, Asia Pacific (USD), 2019–2029 (Including COVID-19 Impact)
          • Competitive Impact
            • COVID-19 Competitive Factors and Strategies, Spinal Implant Market, Asia Pacific
            • COVID-19 Impact by Competitor, Spinal Implant Market, Asia Pacific
        • Spinal Implant Market
          • Market Highlights
            • Factors Impacting the Spinal Implant Market, by Product Type, Asia Pacific
            • Spinal Implant Market, by Procedure Type, Asia Pacific (USD), 2019–2029
            • Spinal Implant Market, by Country, Asia Pacific (USD), 2019–2029
          • Market Definitions
            • Market Forecast Data
              • Spinal Implant Procedures, by Anatomy, Asia Pacific, 2019–2029
              • Spinal Implant Procedures, by Procedure Type, Asia Pacific, 2019–2029
              • Spinal Implant Procedures, by Country, Asia Pacific, 2019–2029
              • Thoracolumbar Spinal Implant Procedures, by Country, Asia Pacific, 2019–2029
              • Spinal Fusions, by Anatomy, Asia Pacific, 2019–2029
              • Spinal Fusions, by Country, Asia Pacific, 2019–2029
              • Thoracolumbar Spinal Implant Procedures, by Scope, Asia Pacific, 2019–2029
              • Thoracolumbar Fusions, by Procedure Type, Asia Pacific, 2019–2029
              • Thoracolumbar Fusions, by Technique, Asia Pacific, 2019–2029
              • Thoracolumbar Fusions, by Indication, Asia Pacific, 2019–2029
              • Thoracolumbar Fusions, by Country, Asia Pacific, 2019–2029
              • Cervical Spinal Implant Procedures, by Procedure Type, Asia Pacific, 2019–2029
              • Cervical Spinal Implant Procedures, by Country, Asia Pacific, 2019–2029
              • Cervical Fusions, by Procedure Type, Asia Pacific, 2019–2029
              • Cervical Fusions, by Approach, Asia Pacific, 2019–2029
              • Cervical Fusions, by Country, Asia Pacific, 2019–2029
              • Spinal Implant Market, by Scope, Asia Pacific (USD), 2019–2029
              • Spinal Implant Market, by Country, Asia Pacific (USD), 2019–2029
              • Spinal Fusion Implant Market, by Product Type, Asia Pacific (USD), 2019–2029
              • Spinal Fusion Implant Market, by Anatomy, Asia Pacific (USD), 2019–2029
              • Spinal Fusion Implant Market, by Country, Asia Pacific (USD), 2019–2029
            • Competitive Highlights
              • Market Shares
                • Spinal Implant Revenue Market Shares, Asia Pacific, 2019
                • Spinal Implant Revenue Market Shares, Asia Pacific, 2019
                • Spinal Implants Revenue Market Share Rankings, by Country, Asia Pacific, 2019
              • Competitive Factors and Strategies
                • Competitive Factors and Strategies, by Product Type, Asia Pacific
              • Market Developments
                • Recent Events in the Spinal Implant Market, Asia Pacific
                • Emerging Products for the Spinal Implant Market, Asia Pacific
            • Traditional Thoracolumbar Implant Market
              • Market Highlights
                • Traditional Thoracolumbar Implant Market, by Indication, Asia Pacific (USD), 2019–2029
                • Traditional Thoracolumbar Implant Market, by Country, Asia Pacific (USD), 2019–2029
              • Market Definitions
                • Market Forecast Data
                  • Traditional Thoracolumbar Fusions, by Indication, Asia Pacific, 2019–2029
                  • Traditional Thoracolumbar Fusions, by Country, Asia Pacific, 2019–2029
                  • Traditional Thoracolumbar Implant Market, by Indication, Asia Pacific (USD), 2019–2029
                  • Traditional Thoracolumbar Implant Market Growth, by Indication, Asia Pacific, 2020–2029
                  • Traditional Thoracolumbar Implant Market, by Country, Asia Pacific (USD), 2019–2029
                  • Traditional Thoracolumbar Implant Market Growth, by Country, Asia Pacific, 2020–2029
                • Competitive Highlights
                  • Market Share Rankings
                    • Traditional Thoracolumbar Implant Revenue Market Share Rankings, Asia Pacific, 2019
                  • Competitive Factors and Strategies
                    • Competitive Factors and Strategies, by Indication, Asia Pacific
                • Traditional Cervical Implant Market
                  • Market Highlights
                    • Traditional Cervical Implant Market, by Approach, Asia Pacific (USD), 2019–2029
                    • Traditional Cervical Implant Market, by Country, Asia Pacific (USD), 2019–2029
                  • Market Definitions
                    • Market Forecast Data
                      • Traditional Cervical Fusions, by Approach, Asia Pacific, 2019–2029
                      • Traditional Cervical Fusions, by Country, Asia Pacific, 2019–2029
                      • Traditional Cervical Implant Market, by Approach, Asia Pacific (USD), 2019–2029
                      • Traditional Cervical Implant Market Growth, by Approach, Asia Pacific, 2020–2029
                      • Traditional Cervical Implant Market, by Country, Asia Pacific (USD), 2019–2029
                      • Traditional Cervical Implant Market Growth, by Country, Asia Pacific, 2020–2029
                    • Competitive Highlights
                      • Market Share Rankings
                        • Traditional Cervical Implant Revenue Market Share Rankings, Asia Pacific, 2019
                      • Competitive Factors and Strategies
                        • Competitive Factors and Strategies, by Approach, Asia Pacific
                    • Interbody Device Market
                      • Market Highlights
                        • IBD Market, by Anatomy, Asia Pacific (USD), 2019–2029
                        • IBD Market, by Country, Asia Pacific (USD), 2019–2029
                      • Market Definitions
                        • Market Forecast Data
                          • IBD Fusions, by Anatomy, Asia Pacific, 2019–2029
                          • IBD Fusions, by Country, Asia Pacific, 2019–2029
                          • Lumbar IBD Fusions, by Approach, Asia Pacific, 2019–2029
                          • Lumbar IBD Fusions, by Country, Asia Pacific, 2019–2029
                          • Cervical IBD Fusions, by Country, Asia Pacific, 2019–2029
                          • IBD Market, by Anatomy, Asia Pacific (USD), 2019–2029
                          • IBD Market, by Approach, Asia Pacific (USD), 2019–2029
                          • IBD Market Growth, by Approach, Asia Pacific, 2020–2029
                          • IBD Market, by Country, Asia Pacific (USD), 2019–2029
                          • IBD Market Growth, by Country, Asia Pacific, 2020–2029
                        • Competitive Highlights
                          • Market Share Rankings
                            • Interbody Device Revenue Market Share Rankings, Asia Pacific, 2019
                          • Competitive Factors and Strategies
                            • Competitive Factors and Strategies, Asia Pacific
                        • Spinal Nonfusion Technology Market
                          • Market Highlights
                            • Spinal Nonfusion Technology Market, by Procedure Type, Asia Pacific (USD), 2019–2029
                            • Spinal Nonfusion Technology Market, by Country, Asia Pacific (USD), 2019–2029
                          • Market Definitions
                            • Market Forecast Data
                              • Spinal Nonfusions, by Product Type, Asia Pacific, 2019–2029
                              • Spinal Nonfusions, by Country, Asia Pacific, 2019–2029
                              • Spinal Nonfusion Technology Market, by Product Type, Asia Pacific (USD), 2019–2029
                              • Spinal Nonfusion Technology Market, by Country, Asia Pacific (USD), 2019–2029
                              • Dynamic Stabilization Device Market, by Procedure Type, Asia Pacific (USD), 2019–2029
                              • Dynamic Stabilization Device Market Growth, by Procedure Type, Asia Pacific, 2020–2029
                              • Interspinous Process Decompression Device Market, by Country, Asia Pacific (USD), 2019–2029
                              • Interspinous Process Decompression Device Market Growth, by Country, Asia Pacific, 2020–2029
                              • Pedicle Screw-Based Dynamic Stabilization System Market, by Country, Asia Pacific (USD), 2019–2029
                              • Pedicle Screw-Based Dynamic Stabilization System Market Growth, by Country, Asia Pacific, 2020–2029
                              • Facet Arthroplasty Device Market, by Country, Asia Pacific (USD), 2019–2029
                              • Facet Arthroplasty Device Market Growth, by Country, Asia Pacific, 2020–2029
                              • Artificial Disc Market, by Anatomy, Asia Pacific (USD), 2019–2029
                              • Artificial Disc Market Growth, by Anatomy, Asia Pacific, 2020–2029
                              • Cervical Artificial Disc Market, by Country, Asia Pacific (USD), 2019–2029
                              • Cervical Artificial Disc Market Growth, by Country, Asia Pacific, 2020–2029
                              • Lumbar Artificial Disc Market, by Country, Asia Pacific (USD), 2019–2029
                              • Lumbar Artificial Disc Market Growth, by Country, Asia Pacific, 2020–2029
                            • Competitive Highlights
                              • Market Share Rankings
                                • Spinal Nonfusion Technology Revenue Market Share Rankings, Asia Pacific, 2019
                              • Competitive Factors and Strategies
                                • Competitive Factors and Strategies, by Product Type, Asia Pacific
                            • Appendix
                              • Abbreviations
                                • Bibliography

                              Author(s): Attusa Chikodi, MBA

                              Attusa Chikodi is a senior analyst on the Orthopedics, Dental, and Aesthetics Medtech Insights team at DRG (Part of Clarivate), focused on the breast implant and reconstructive device markets. Attusa holds an MBA in pharmaceutical management from Narsee Monjee Institute of Management Studies and a Bachelor's degree in Industrial Microbiology.