Global Vertebroplasty and Kyphoplasty Market: Overview
This report analyzes the current and future scenario of the global vertebroplasty and kyphoplasty market.
Vertebroplasty and kyphoplasty are minimally invasive procedures
performed to prevent vertebral body collapse and pain in patients with
pathological vertebral bodies. The geriatric and obese populations are
more prone to osteoporosis, which is a major cause of vertebral or
spinal fractures. Vertebroplasty and kyphoplasty are performed to treat
these fractures. The procedure involves restoring the vertebra height
with or without balloon by injecting acrylic cement into the fractured
bone under maintained pressure through cement mixing delivery devices.
The global vertebroplasty and kyphoplasty market is growing at a rapid
pace due to rise in geriatric population requiring spine surgery and
surge in adoption rate of technologically advanced products in spine
fracture treatment. According to United Nation data 2017, there are an
estimated 962 million people aged 60 or over in the world, accounting
for 13% of the global population.
The global vertebroplasty and kyphoplasty
report comprises an elaborate executive summary, which includes a
snapshot that provides information about various segments of the market.
It also provides information and data analysis of the global market
with respect to the segments based on product, end-user, and region. The
overview section of the report demonstrates the market dynamics and
trends such as drivers, restraints, and opportunities that influence the
current and future status of the vertebroplasty and kyphoplasty market.
The report also covers market revenue projections, market
attractiveness analysis, and key market share analysis in the overview
section in order to provide a thorough analysis of the overall
competitive scenario in the global vertebroplasty and kyphoplasty
market.
Increase in incidence rates of injuries
related to accidents, sports, and adventure also propels the global
vertebroplasty and kyphoplasty market. For instance, according to
National Spinal Cord Injury Database 2018, an estimated of 6% of new
spinal cord injury cases were reported in the U.S., of these nearly 38%
were due to vehicle accidents and 8% due to sports injury.
Global Vertebroplasty and Kyphoplasty Market: Key Segments
The global vertebroplasty and kyphoplasty
market has been segmented based on product, end-user, and region. In
terms of product, the global market has been bifurcated into
vertebroplasty and kyphoplasty. The vertebroplasty segment has been
divided into needles and cement mixing & delivery devices. The
kyphoplasty segment has been classified into needles & balloons and
cement mixing & delivery devices. In terms of end-user, the global
vertebroplasty and kyphoplasty market has been categorized into
hospitals and ambulatory surgery centers. Each of the segments has been
analyzed in detail for market trends, recent trends, and developments,
drivers, restraints, opportunities, and useful insights. The report
provides current and future market size for each segment and
sub-segments for the period from 2018 to 2026 in terms of revenue in US$
Mn, considering 2017 as the base year. The compound annual growth rate
(% CAGR) has been provided for each segment and market for the period
from 2018 to 2026 with market size estimations.
Global Vertebroplasty and Kyphoplasty Market: Regional Outlook
In terms of region, the global
vertebroplasty and kyphoplasty market has been segmented into North
America, Europe, Asia Pacific, Latin America, and Middle East &
Africa. The regions have been sub-segmented into major countries and
sub-regions. The current and future market sizes in terms of revenue
(US$ Mn) of these regional markets and their major countries have been
provided in the report for the period from 2016 to 2026, with their
CAGRs (%) for the period from 2018 to 2026. The study also offers a list
of recommendations, highlights, and some useful insights of the market
which will help new companies willing to enter the market and for
existing companies to increase market shares.
Companies Mentioned in Report
The report concludes with the company
profiles section that includes key information about the major players
in the market. Key players profiled in this report are Medtronic, DePuy
Synthes, Alphatec Spine, Inc., Stryker Corporation, Globus Medical,
Inc., Merit Medical Systems, Inc., SPINUS (BMK Global Medical Company),
IZI Medical Products, Zavation, and RONTIS. Each of these players has
been profiled in the report based on parameters such as company
overview, financial overview, business strategies, product portfolio,
business segments, and recent developments.
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