Interlaminar Device Market Trends

Growth Drivers

• Upsurge in Diabetes Mellitus Cases- Numerous spine conditions, such as spinal stenosis, spondylolisthesis, and disc herniation, can be brought on by diabetes. These conditions can make it difficult to walk or stand for extended periods because they can induce discomfort in the spine, numbness, and weakness in the legs and back. People with diabetes may experience excessively high blood sugar levels. This can harm blood vessels and nerves all over the body, including the blood vessels and nerves in the spine. Spinal problems may result from injury to these nerves and blood vessels.                  
• Growing Cases of Sports Injuries – Chronic back pain can be caused by sports injuries which may be treated by interlaminar devices. Therefore, with a surge in the incidence of sports injuries, the market demand is also expected to increase.  Approximately 9% of all new cases of spinal cord injuries in the United States are related to sports activities.
• The Presence of Large Medical Equipment Manufacturers-The improvement of the medical facilities and the implementation of innovative health-related initiatives by manufacturers are factors also expected to spur the market expansion. In Poland, for instance, between 2004 and 2020, nearly 14,000 projects related to healthcare were executed.

Challenges

• Unavailability of Proper Healthcare Infrastructure in Underdeveloped Nations - The lack of proper medical facilities is one of the major factors predicted to slow down the market growth. For instance, the unavailability can result in a lack of awareness about interlaminar devices which can lead to delayed treatment in underdeveloped regions.
• Availability of Alternate Treatments
• Lack of Skilled Professionals