| Product Code: ETC6364787 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Belgium continued to import spinal fusion devices primarily from Switzerland, Netherlands, USA, Mexico, and China, indicating a diverse source of supply. However, the market remained highly concentrated with a high Herfindahl-Hirschman Index (HHI). The compound annual growth rate (CAGR) from 2020 to 2024 showed a slight decline at -0.52%, while the growth rate from 2023 to 2024 experienced a more significant decrease at -7.72%. This suggests a challenging market environment for spinal fusion device imports in Belgium, with potential implications for industry players and stakeholders.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Belgium Spinal Fusion Device Market Overview |
3.1 Belgium Country Macro Economic Indicators |
3.2 Belgium Spinal Fusion Device Market Revenues & Volume, 2021 & 2031F |
3.3 Belgium Spinal Fusion Device Market - Industry Life Cycle |
3.4 Belgium Spinal Fusion Device Market - Porter's Five Forces |
3.5 Belgium Spinal Fusion Device Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Belgium Spinal Fusion Device Market Revenues & Volume Share, By Disease Type, 2021 & 2031F |
3.7 Belgium Spinal Fusion Device Market Revenues & Volume Share, By Surgery, 2021 & 2031F |
3.8 Belgium Spinal Fusion Device Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Belgium Spinal Fusion Device Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing prevalence of spinal disorders and conditions in Belgium |
4.2.2 Growing aging population leading to higher demand for spinal fusion devices |
4.2.3 Technological advancements in spinal fusion devices improving patient outcomes |
4.3 Market Restraints |
4.3.1 Stringent regulatory requirements for approval of spinal fusion devices |
4.3.2 High cost associated with spinal fusion surgeries and devices |
4.3.3 Limited reimbursement policies for spinal fusion procedures in Belgium |
5 Belgium Spinal Fusion Device Market Trends |
6 Belgium Spinal Fusion Device Market, By Types |
6.1 Belgium Spinal Fusion Device Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Belgium Spinal Fusion Device Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Belgium Spinal Fusion Device Market Revenues & Volume, By Thoracolumbar Devices, 2021- 2031F |
6.1.4 Belgium Spinal Fusion Device Market Revenues & Volume, By Anterior Lumbar Plates, 2021- 2031F |
6.1.5 Belgium Spinal Fusion Device Market Revenues & Volume, By Pedicle Screw and Rods, 2021- 2031F |
6.1.6 Belgium Spinal Fusion Device Market Revenues & Volume, By Others, 2021- 2031F |
6.1.7 Belgium Spinal Fusion Device Market Revenues & Volume, By Cervical Fixation Devices, 2021- 2031F |
6.1.8 Belgium Spinal Fusion Device Market Revenues & Volume, By Anterior Cervical Plates, 2021- 2031F |
6.1.9 Belgium Spinal Fusion Device Market Revenues & Volume, By Others, 2021- 2031F |
6.1.10 Belgium Spinal Fusion Device Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Belgium Spinal Fusion Device Market, By Disease Type |
6.2.1 Overview and Analysis |
6.2.2 Belgium Spinal Fusion Device Market Revenues & Volume, By Degenerative Disc, 2021- 2031F |
6.2.3 Belgium Spinal Fusion Device Market Revenues & Volume, By Complex Deformity, 2021- 2031F |
6.2.4 Belgium Spinal Fusion Device Market Revenues & Volume, By Trauma & Fractures, 2021- 2031F |
6.2.5 Belgium Spinal Fusion Device Market Revenues & Volume, By Others, 2021- 2031F |
6.3 Belgium Spinal Fusion Device Market, By Surgery |
6.3.1 Overview and Analysis |
6.3.2 Belgium Spinal Fusion Device Market Revenues & Volume, By Open spine surgery, 2021- 2031F |
6.3.3 Belgium Spinal Fusion Device Market Revenues & Volume, By Minimally Invasive Spine Surgery, 2021- 2031F |
6.4 Belgium Spinal Fusion Device Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 Belgium Spinal Fusion Device Market Revenues & Volume, By Hospitals, 2021- 2031F |
6.4.3 Belgium Spinal Fusion Device Market Revenues & Volume, By Specialty Clinics, 2021- 2031F |
6.4.4 Belgium Spinal Fusion Device Market Revenues & Volume, By Others, 2021- 2031F |
7 Belgium Spinal Fusion Device Market Import-Export Trade Statistics |
7.1 Belgium Spinal Fusion Device Market Export to Major Countries |
7.2 Belgium Spinal Fusion Device Market Imports from Major Countries |
8 Belgium Spinal Fusion Device Market Key Performance Indicators |
8.1 Average waiting time for spinal fusion surgery in Belgium |
8.2 Number of healthcare facilities offering minimally invasive spinal fusion procedures |
8.3 Patient satisfaction rates post spinal fusion surgery |
9 Belgium Spinal Fusion Device Market - Opportunity Assessment |
9.1 Belgium Spinal Fusion Device Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Belgium Spinal Fusion Device Market Opportunity Assessment, By Disease Type, 2021 & 2031F |
9.3 Belgium Spinal Fusion Device Market Opportunity Assessment, By Surgery, 2021 & 2031F |
9.4 Belgium Spinal Fusion Device Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Belgium Spinal Fusion Device Market - Competitive Landscape |
10.1 Belgium Spinal Fusion Device Market Revenue Share, By Companies, 2024 |
10.2 Belgium Spinal Fusion Device Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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