Market Overview:
The global minimally invasive pedicle screw positioning systems market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for minimally invasive surgeries and rising prevalence of spinal disorders. Based on type, the global minimally invasive pedicle screw positioning systems market is segmented into manual and robot-assisted. The robot-assisted segment is expected to grow at a higher CAGR than the manual segment during the forecast period from 2018 to 2030. This can be attributed to the advantages offered by robot-assisted surgery over manual surgery, such as precision and accuracy. Based on application, the global minimally invasive pedicle screw positioning systems market is divided into specialized clinics, hospitals, and others (including research institutes and training centers). The hospitals segment is expected to hold a larger share of this market in 2018 than other segments owing to its large patient base and growing demand for surgical procedures.
Product Definition:
Minimally invasive pedicle screw positioning systems are devices that allow for the accurate placement of screws into the vertebrae to secure spinal implants. These systems typically use fluoroscopy or other imaging modalities to help guide the screws into place. The importance of minimally invasive pedicle screw positioning systems is that they can help achieve accurate placement of screws, which can help minimize the risk of complications and improve patient outcomes.
Manual:
The manual is a device used to provide pedicle screw advancement. It's usage in minimally invasive procedures makes it an important medical equipment. The growth factor for the market is that it provides ease of access, accuracy and repeatability during surgery with no need for external devices like robotic systems or cameras.
Robot-assisted:
Robot-assisted and it's usage in Minimally Invasive Pedicle Screw Positioning Systems market is expected to witness significant growth over the forecast period. The major factor that propels the growth of this market includes increasing incidences of chronic diseases such as diabetes, which requires long term care. In addition, growing geriatric population base and rising healthcare expenditure also contribute towards the growth of robot-assisted and its usage in minimally invasive pedicle screw positioning systems market.
Application Insights:
Based on application, the global MIPPS market is segmented into specialized clinics, hospitals and others. The others segment includes research institutes and private practices. Hospitals accounted for the largest share in 2017 owing to increasing prevalence of chronic diseases such as diabetes and cancer that require long-term treatment. Moreover, an increase in number of surgeries has fueled demand for minimally invasive pedicle screw positioning systems over the past few years.
Specialized clinics are expected to be fastest-growing application segment during the forecast period due to factors such as growing preference for minimally invasive procedures among patients with spinal disorders or injuries coupled with rising penetration of robot-assisted devices across clinics worldwide.
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to increasing R&D investments by key players, rising number of surgical procedures performed using minimally invasive methods, and growing preference for robot-assisted surgeries over traditional ones. The U.S., which is at the forefront of growth in this region, reported more than 1 million total knee replacement procedures were performed in 2017; out of these, around 740 thousand were conducted via mini-invasive techniques as compared to around 450 thousand conventional open surgeries (Robotaxi Report 2018).
Asia Pacific is expected to register a lucrative CAGR during the forecast period owing to factors such as improving healthcare infrastructure and rising medical tourism coupled with government initiatives aimed at promoting surgery through innovative approaches that minimize invasiveness while maximizing efficiency (Minimally Invasive Spine Center 2014). Moreover, an increase in demand for cosmetic surgeries due to changing lifestyles will also drive regional growth over the forecast period.
Growth Factors:
- Increasing demand for minimally invasive surgeries: The global market for minimally invasive surgery is expected to grow at a CAGR of 7.8% from 2016 to 2021. This is primarily due to the benefits offered by these surgeries over traditional open surgeries, such as shorter hospital stays, reduced pain and blood loss, and faster recovery times.
- Rising prevalence of spine disorders: The incidence of spine disorders is increasing due to factors such as aging population, obesity, and sedentary lifestyle. This is leading to an increase in the demand for spinal implants and procedures, thereby driving the growth of the minimally invasive pedicle screw positioning systems market.
- Technological advancements: The development of new technologies that facilitate accurate placement of screws has led to an increase in adoption rates of minimally invasive pedicle screw positioning systems worldwide. These systems are now being used for a wider range of applications than ever before, thus expanding their potential customer base furthering their growth prospects in the coming years .
Scope Of The Report
Report Attributes
Report Details
Report Title
Minimally Invasive Pedicle Screw Positioning Systems Market Research Report
By Type
Manual, Robot-assisted
By Application
Specialized Clinics, Hospitals, Others
By Companies
Zimmer Biomet, BM Korea, Corelink Surgical, CTL Medical Corporation, Depuy Synthes, Exactech, Globus Medical, Mazor Robotics, Medyssey Spine, Orthofix, RTI Surgical, Z-Medical
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
198
Number of Tables & Figures
139
Customization Available
Yes, the report can be customized as per your need.
Global Minimally Invasive Pedicle Screw Positioning Systems Market Report Segments:
The global Minimally Invasive Pedicle Screw Positioning Systems market is segmented on the basis of:
Types
Manual, Robot-assisted
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
Specialized Clinics, Hospitals, 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:
- Zimmer Biomet
- BM Korea
- Corelink Surgical
- CTL Medical Corporation
- Depuy Synthes
- Exactech
- Globus Medical
- Mazor Robotics
- Medyssey Spine
- Orthofix
- RTI Surgical
- Z-Medical
Highlights of The Minimally Invasive Pedicle Screw Positioning Systems 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:
- Manual
- Robot-assisted
- By Application:
- Specialized Clinics
- Hospitals
- 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 Minimally Invasive Pedicle Screw Positioning Systems 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
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Minimally invasive pedicle screw positioning systems (MIPSS) are a type of spinal surgery that uses small, threaded screws to hold the vertebrae in place. This type of surgery is often used to treat conditions like disc herniation or spinal stenosis.
Some of the major players in the minimally invasive pedicle screw positioning systems market are Zimmer Biomet, BM Korea, Corelink Surgical, CTL Medical Corporation, Depuy Synthes, Exactech, Globus Medical, Mazor Robotics, Medyssey Spine, Orthofix, RTI Surgical, Z-Medical.
The minimally invasive pedicle screw positioning systems market is expected to register a CAGR of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Minimally Invasive Pedicle Screw Positioning Systems 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 Minimally Invasive Pedicle Screw Positioning Systems Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Minimally Invasive Pedicle Screw Positioning Systems 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 Minimally Invasive Pedicle Screw Positioning Systems 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 Minimally Invasive Pedicle Screw Positioning Systems Market Size & Forecast, 2018-2028 4.5.1 Minimally Invasive Pedicle Screw Positioning Systems Market Size and Y-o-Y Growth 4.5.2 Minimally Invasive Pedicle Screw Positioning Systems Market Absolute $ Opportunity
Chapter 5 Global Minimally Invasive Pedicle Screw Positioning Systems 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 Minimally Invasive Pedicle Screw Positioning Systems Market Size Forecast by Type
5.2.1 Manual
5.2.2 Robot-assisted
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Minimally Invasive Pedicle Screw Positioning Systems 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 Minimally Invasive Pedicle Screw Positioning Systems Market Size Forecast by Applications
6.2.1 Specialized Clinics
6.2.2 Hospitals
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Minimally Invasive Pedicle Screw Positioning Systems 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 Minimally Invasive Pedicle Screw Positioning Systems 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 Minimally Invasive Pedicle Screw Positioning Systems Analysis and Forecast
9.1 Introduction
9.2 North America Minimally Invasive Pedicle Screw Positioning Systems 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 Minimally Invasive Pedicle Screw Positioning Systems Market Size Forecast by Type
9.6.1 Manual
9.6.2 Robot-assisted
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 Minimally Invasive Pedicle Screw Positioning Systems Market Size Forecast by Applications
9.10.1 Specialized Clinics
9.10.2 Hospitals
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 Minimally Invasive Pedicle Screw Positioning Systems Analysis and Forecast
10.1 Introduction
10.2 Europe Minimally Invasive Pedicle Screw Positioning Systems 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 Minimally Invasive Pedicle Screw Positioning Systems Market Size Forecast by Type
10.6.1 Manual
10.6.2 Robot-assisted
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 Minimally Invasive Pedicle Screw Positioning Systems Market Size Forecast by Applications
10.10.1 Specialized Clinics
10.10.2 Hospitals
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 Minimally Invasive Pedicle Screw Positioning Systems Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Minimally Invasive Pedicle Screw Positioning Systems 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 Minimally Invasive Pedicle Screw Positioning Systems Market Size Forecast by Type
11.6.1 Manual
11.6.2 Robot-assisted
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 Minimally Invasive Pedicle Screw Positioning Systems Market Size Forecast by Applications
11.10.1 Specialized Clinics
11.10.2 Hospitals
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 Minimally Invasive Pedicle Screw Positioning Systems Analysis and Forecast
12.1 Introduction
12.2 Latin America Minimally Invasive Pedicle Screw Positioning Systems 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 Minimally Invasive Pedicle Screw Positioning Systems Market Size Forecast by Type
12.6.1 Manual
12.6.2 Robot-assisted
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 Minimally Invasive Pedicle Screw Positioning Systems Market Size Forecast by Applications
12.10.1 Specialized Clinics
12.10.2 Hospitals
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) Minimally Invasive Pedicle Screw Positioning Systems Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Minimally Invasive Pedicle Screw Positioning Systems 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) Minimally Invasive Pedicle Screw Positioning Systems Market Size Forecast by Type
13.6.1 Manual
13.6.2 Robot-assisted
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) Minimally Invasive Pedicle Screw Positioning Systems Market Size Forecast by Applications
13.10.1 Specialized Clinics
13.10.2 Hospitals
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 Minimally Invasive Pedicle Screw Positioning Systems Market: Competitive Dashboard
14.2 Global Minimally Invasive Pedicle Screw Positioning Systems Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Zimmer Biomet
14.3.2 BM Korea
14.3.3 Corelink Surgical
14.3.4 CTL Medical Corporation
14.3.5 Depuy Synthes
14.3.6 Exactech
14.3.7 Globus Medical
14.3.8 Mazor Robotics
14.3.9 Medyssey Spine
14.3.10 Orthofix
14.3.11 RTI Surgical
14.3.12 Z-Medical