Market Overview:
The global balloon kyphoplasty market is expected to grow at a CAGR of 7.5% from 2018 to 2030. The growth in the market can be attributed to factors such as rising incidence of chronic pain, spinal deformity, and others. In addition, increasing demand for minimally invasive procedures is also contributing to the growth of the market. Based on type, the global balloon kyphoplasty market can be segmented into chronic pain and spinal deformity. Chronic pain is a major indication for balloon kyphoplasty procedures and accounts for a majority of the total procedures performed globally. Based on application, the global balloon kyphoplasty market can be segmented into hospital, clinic, and others segments.
Product Definition:
Balloon Kyphoplasty is a medical procedure that is used to treat compression fractures in the spine. A balloon kyphoplasty uses a balloon to create a space in the fractured bone and then injects bone cement into the space. This helps to stabilize the fracture and reduces pain.
Chronic Pain:
Chronic pain is a type of pain that lasts for 6 months or longer. The National Institute of Neurological Disorders and Stroke (NINDS) estimates that chronic pain affects approximately 13 million Americans, making it the most common cause of adult disability in the U.S.
Spinal Deformity:
Spinal deformity is a structural abnormality of the spine. It can be caused due to trauma, infection, cancer or other degenerative diseases affecting the discs and bones of the spine. The spinal column consists of vertebrae that act as a shock absorber for supporting body weight. Any injury or damage to these discs causes spinal deformity which may result in back pain, neck pain or leg pain (sciatica).
Application Insights:
The chronic pain segment dominated the market and accounted for more than 40.0% share of the global revenue in 2017. The growing prevalence of various types of chronic pain, such as neurogenic, arthritis, cancer and low back pain is expected to drive the segment over the forecast period. In addition, increasing awareness about alternative treatment options for these types of pains is anticipated to further propel demand from 2018 to 2030.
The others application segment includes orthopedic conditions such as trauma & sports injuries that require surgery for proper healing process.
Regional Analysis:
North America dominated the global market in 2017 owing to a rise in the number of spinal surgeries and favorable reimbursement policies. The U.S., which is at the forefront, accounted for approximately 75% of all kyphoplasty procedures performed across the globe during that year.
The Asia Pacific region is expected to witness lucrative growth over the forecast period owing to increasing cases of spinal disorders coupled with rising healthcare expenditure levels in this region as compared to other regions. Moreover, an increase in Balloon Kyphoplasty (BK) training programs by international medical organizations such as American Society of Anesthesiologists (ASA), International Federation for Spina Bifida and Hydrocephalus (IFSBA), and European Society of Anaesthesiology are anticipated to fuel regional growth over next eight years.
Growth Factors:
- Increasing incidence of spinal fractures: The balloon kyphoplasty market is expected to grow owing to the increasing incidence of spinal fractures, especially in the geriatric population. Kyphoplasty is a minimally invasive surgical procedure that is used for treating vertebral compression fractures (VCFs).
- Growing demand for minimally invasive procedures: Kyphoplasty is a minimally invasive surgical procedure and hence, it has gained popularity over traditional open surgery procedures. This growing demand for minimally invasive procedures is expected to drive the growth of the balloon kyphoplasty market.
- Technological advancements: The balloon kyphoplasty market has witnessed several technological advancements in recent years, which has led to increased accuracy and precision during surgeries. These technological advancements are likely to fuel the growth of this market in future years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Balloon Kyphoplasty Market Research Report
By Type
Chronic Pain, Spinal Deformity
By Application
Hospital, Clinic, Others
By Companies
CareFusion, DePuy Synthes, Medtronic, Stryker
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
223
Number of Tables & Figures
157
Customization Available
Yes, the report can be customized as per your need.
Global Balloon Kyphoplasty Market Report Segments:
The global Balloon Kyphoplasty market is segmented on the basis of:
Types
Chronic Pain, Spinal Deformity
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospital, Clinic, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- CareFusion
- DePuy Synthes
- Medtronic
- Stryker
Highlights of The Balloon Kyphoplasty Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Chronic Pain
- Spinal Deformity
- By Application:
- Hospital
- Clinic
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Balloon Kyphoplasty Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Balloon Kyphoplasty is a surgical procedure that uses a balloon to help correct kyphosis (a curvature of the spine). Kyphoplasty can be used to treat both mild and severe cases of kyphosis.
Some of the major players in the balloon kyphoplasty market are CareFusion, DePuy Synthes, Medtronic, Stryker.
The balloon kyphoplasty market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Balloon Kyphoplasty Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Balloon Kyphoplasty Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Balloon Kyphoplasty Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Balloon Kyphoplasty Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Balloon Kyphoplasty Market Size & Forecast, 2018-2028
4.5.1 Balloon Kyphoplasty Market Size and Y-o-Y Growth
4.5.2 Balloon Kyphoplasty Market Absolute $ Opportunity
Chapter 5 Global Balloon Kyphoplasty Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Balloon Kyphoplasty Market Size Forecast by Type
5.2.1 Chronic Pain
5.2.2 Spinal Deformity
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Balloon Kyphoplasty Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Balloon Kyphoplasty Market Size Forecast by Applications
6.2.1 Hospital
6.2.2 Clinic
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Balloon Kyphoplasty Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Balloon Kyphoplasty Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Balloon Kyphoplasty Analysis and Forecast
9.1 Introduction
9.2 North America Balloon Kyphoplasty Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Balloon Kyphoplasty Market Size Forecast by Type
9.6.1 Chronic Pain
9.6.2 Spinal Deformity
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Balloon Kyphoplasty Market Size Forecast by Applications
9.10.1 Hospital
9.10.2 Clinic
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Balloon Kyphoplasty Analysis and Forecast
10.1 Introduction
10.2 Europe Balloon Kyphoplasty Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Balloon Kyphoplasty Market Size Forecast by Type
10.6.1 Chronic Pain
10.6.2 Spinal Deformity
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Balloon Kyphoplasty Market Size Forecast by Applications
10.10.1 Hospital
10.10.2 Clinic
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Balloon Kyphoplasty Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Balloon Kyphoplasty Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Balloon Kyphoplasty Market Size Forecast by Type
11.6.1 Chronic Pain
11.6.2 Spinal Deformity
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Balloon Kyphoplasty Market Size Forecast by Applications
11.10.1 Hospital
11.10.2 Clinic
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Balloon Kyphoplasty Analysis and Forecast
12.1 Introduction
12.2 Latin America Balloon Kyphoplasty Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Balloon Kyphoplasty Market Size Forecast by Type
12.6.1 Chronic Pain
12.6.2 Spinal Deformity
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Balloon Kyphoplasty Market Size Forecast by Applications
12.10.1 Hospital
12.10.2 Clinic
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Balloon Kyphoplasty Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Balloon Kyphoplasty Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Balloon Kyphoplasty Market Size Forecast by Type
13.6.1 Chronic Pain
13.6.2 Spinal Deformity
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Balloon Kyphoplasty Market Size Forecast by Applications
13.10.1 Hospital
13.10.2 Clinic
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Balloon Kyphoplasty Market: Competitive Dashboard
14.2 Global Balloon Kyphoplasty Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 CareFusion
14.3.2 DePuy Synthes
14.3.3 Medtronic
14.3.4 Stryker
