Leading market players are investing heavily in the research and development in order to expand their product lines, which will help the Spinal Fusion Devices market grow even more. Market participants are also undertaking several strategic activities to expand their footprint, with the significant market developments inclusive of new product launches, contractual agreements, mergershigher investments, and acquisitions, and collaboration with other organizations. To expand and survive in the more competitive and rising market climate, the Spinal Fusion Devices industry must offer cost-effective items.
Manufacturing locally to minimize the operational costs is one of the key business tactics used by the manufacturers in the Spinal Fusion Devices industry to benefit the clients and grows the market sector. In recent years, the Spinal Fusion Devices industry has provided some of the most significant advantages to medicine. Major participant in the Spinal Fusion Devices market, including Stryker, Xtant Medical Holdings, Inc., Zimmer Biomet, DePuy Synthes, B.
Braun Melsungen AG, Medtronic, NuVasive, Inc., Orthofix Medical, Inc., Globus Medical, ATEC Spine, Inc., and others, are trying to raise market demand by investing in the research and the development operations.
Globus Medical Inc. is a leading medical device company specializing in the development, design, and commercialization of musculoskeletal solutions. The company emphasizes offering a broad range of products for patients suffering from different spinal disorders, including degenerative diseases, deformities, and traumatic injuries. Globus Medical has established itself as an innovative force in the healthcare industry, mainly in the field of spinal implant technology.
In February 2023, Globus Medical merged with Nuvasive, bringing together two leading musculoskeletal technology companies, emphasizing to accelerate innovation and expand product offerings in the spine surgery market.
DePuy is a subsidiary of Johnson & Johnson and a popular market player in the medical device industry, specializing in the development and manufacturing of orthopedic and spinal surgery products. DePuy has a history of innovation, consistently resulting in advancements in healthcare. The company's extensive portfolio includes a comprehensive range of joint reconstruction devices, orthopedic implants, and spinal solutions, providing solutions to the diverse requirements of patients worldwide.
In March 2022, DePuy Synthes acquired CUPTIMIZE Hip-Spine Analysis; this enhanced DePuy's surgical planning capabilities by offering a tool to analyze hip-spine interaction, potentially enhancing patient outcomes in total hip replacements.
On February 6, 2025, Globus Medical revealed its conclusive agreement to acquire Nevro Corp., a worldwide medical device firm focused on addressing chronic pain solutions. The purpose of this acquisition is to enhance treatment alternatives for patients by combining Nevro's proficiency in chronic pain management with Globus Medical's spinal fusion technologies.
On January 28, 2025, Stryker Corporation finalized a definitive agreement to divest its U.S. spinal implants business to Viscogliosi Brothers, LLC. The transaction resulted in the establishment of a new entity called VB Spine, LLC, which is dedicated to providing specialized neuro-musculoskeletal solutions.