Market Overview:
The global minimally invasive vertebral compression fracture repair market is expected to grow at a CAGR of 7.5% from 2018 to 2030. The market growth is attributed to the increasing incidence of osteoporosis and vertebral compression fractures, technological advancements in vertebroplasty and kyphoplasty devices, and rising demand for minimally invasive surgeries. However, the high cost of treatment may restrain the market growth during the forecast period. Based on type, the global minimally invasive vertebral compression fracture repair market is segmented into vertebroplasty devices and kyphoplasty devices. The vertroplasty devices segment dominated the global market in 2017 owing to its advantages such as less invasiveness, shorter hospital stay time, and lower complication rates as compared to kyphoplasty devices. Based on application, hospitals accounted for majority share of the global minimally invasive vertebral compression fracture repair market in 2017 due to higher prevalence of osteoporosis-related fractures in this setting as compared to ASCs.
Product Definition:
A minimally invasive vertebral compression fracture repair is a surgical procedure used to fix a broken vertebra. This surgery is less invasive than traditional open surgery, which means there is less damage to the surrounding tissue and muscles. This type of surgery may be recommended for people who have suffered a broken vertebra from osteoporosis.
Vertebroplasty Devices:
Vertebroplasty devices are used to correct deformities in the spine and provide relief from back pain. It is a minimally invasive procedure that involves injecting cement-like material called asigments into the fractured vertebrae to strengthen it. The FDA has approved two types of products under this category, Vertebral AugmentationPill (VAP) and Vertebral CompressionPill (VC).
Kyphoplasty Devices:
A kyphoplasty device is a surgical instrument used to correct congenital deformities in the vertebrae of the spine. Kyphoplasty involves realigning or stabilizing the “kyphos”, which is located in between two vertebrae and correcting spinal instability caused due to it. The kyphosis can be treated by several procedures such as thoracic, lumbar, and cervical kyphiotherapy.
Application Insights:
The global minimally invasive vertebral compression fracture repair market is segmented on the basis of application into hospitals and ASCs. Hospitals held the largest share in 2017 due to increasing number of procedures performed by surgeons and an increase in hospital beds per capita. In addition, a rise in healthcare spending has led to an increase in investments by governments for building hospitals, which has further increased the adoption of these devices among surgeons at these facilities.
ASCs are projected to witness significant growth over the forecast period due to their growing adoption for treating spinal disorders such as herniated disc injuries or conditions that may require surgical intervention. Minimally invasive surgeries at ASCs have several benefits including reduced recovery time, minimal risk of infection compared with traditional open surgeries, and faster healing process without any visible scars once complete recovery occurs.
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to increasing R&D investments by key players, rising prevalence of osteoporosis and vertebral fractures, and high adoption of minimally invasive procedures for treatment. In addition, favorable reimbursement policies are also expected to drive growth during the forecast period. Asia Pacific is expected to witness lucrative growth over the forecast period owing to increasing geriatric population prone to osteoporosis and vertebral fractures coupled with improving healthcare infrastructure in this region will boost demand for kyphoplasty devices as compared to other minimally invasive procedures used for treating MIVF patients.
Growth Factors:
- Increasing incidence of vertebral compression fractures: The global incidence of vertebral compression fractures is increasing with the aging population. This will drive the demand for minimally invasive vertebral compression fracture repair procedures.
- Growing awareness about minimally invasive surgery: There is a growing awareness among patients and surgeons about the benefits of minimally invasive surgery over traditional open surgery. This is driving the demand for minimally invasive vertebral compression fracture repair procedures.
- Technological advancements in surgical instruments and implants: Surgical instruments and implants are constantly being upgraded with new technologies that make them more effective and less invasive. This is driving the demand for minimally invasive vertebral compression fracture repair procedures.
Scope Of The Report
Report Attributes
Report Details
Report Title
Minimally Invasive Vertebral Compression Fracture Repair Market Research Report
By Type
Vertebroplasty Devices, Kyphoplasty Devices
By Application
Hospitals, ASCs
By Companies
Alphatec Spine, CareFusion, Cook Medical, DFine, DePuy Synthes, Globus Medical, Medtronic, Parallax Medical, Stryker, Zimmer Holdings
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
195
Number of Tables & Figures
137
Customization Available
Yes, the report can be customized as per your need.
Global Minimally Invasive Vertebral Compression Fracture Repair Market Report Segments:
The global Minimally Invasive Vertebral Compression Fracture Repair market is segmented on the basis of:
Types
Vertebroplasty Devices, Kyphoplasty Devices
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
Hospitals, ASCs
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:
- Alphatec Spine
- CareFusion
- Cook Medical
- DFine
- DePuy Synthes
- Globus Medical
- Medtronic
- Parallax Medical
- Stryker
- Zimmer Holdings
Highlights of The Minimally Invasive Vertebral Compression Fracture Repair 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:
- Vertebroplasty Devices
- Kyphoplasty Devices
- By Application:
- Hospitals
- ASCs
- 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 Vertebral Compression Fracture Repair 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.
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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?
Minimally invasive vertebral compression fracture repair is a surgical procedure that uses minimally invasive techniques to fix fractures in the spine. This technique is often used when traditional open surgery would be too risky or difficult for the patient.
Some of the major companies in the minimally invasive vertebral compression fracture repair market are Alphatec Spine, CareFusion, Cook Medical, DFine, DePuy Synthes, Globus Medical, Medtronic, Parallax Medical, Stryker, Zimmer Holdings.
The minimally invasive vertebral compression fracture repair market is expected to register a CAGR of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Minimally Invasive Vertebral Compression Fracture Repair 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 Vertebral Compression Fracture Repair Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Minimally Invasive Vertebral Compression Fracture Repair 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 Vertebral Compression Fracture Repair 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 Vertebral Compression Fracture Repair Market Size & Forecast, 2020-2028
4.5.1 Minimally Invasive Vertebral Compression Fracture Repair Market Size and Y-o-Y Growth
4.5.2 Minimally Invasive Vertebral Compression Fracture Repair Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Vertebroplasty Devices
5.2.2 Kyphoplasty Devices
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Hospitals
6.2.2 ASCs
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Minimally Invasive Vertebral Compression Fracture Repair 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 Vertebral Compression Fracture Repair 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Vertebroplasty Devices
9.6.2 Kyphoplasty Devices
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 Market Size Forecast by Applications
9.10.1 Hospitals
9.10.2 ASCs
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Vertebroplasty Devices
10.6.2 Kyphoplasty Devices
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 Market Size Forecast by Applications
10.10.1 Hospitals
10.10.2 ASCs
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Vertebroplasty Devices
11.6.2 Kyphoplasty Devices
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 Market Size Forecast by Applications
11.10.1 Hospitals
11.10.2 ASCs
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Vertebroplasty Devices
12.6.2 Kyphoplasty Devices
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 Market Size Forecast by Applications
12.10.1 Hospitals
12.10.2 ASCs
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Vertebroplasty Devices
13.6.2 Kyphoplasty Devices
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) Market Size Forecast by Applications
13.10.1 Hospitals
13.10.2 ASCs
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 Vertebral Compression Fracture Repair Market: Competitive Dashboard
14.2 Global Minimally Invasive Vertebral Compression Fracture Repair Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Alphatec Spine
14.3.2 CareFusion
14.3.3 Cook Medical
14.3.4 DFine
14.3.5 DePuy Synthes
14.3.6 Globus Medical
14.3.7 Medtronic
14.3.8 Parallax Medical
14.3.9 Stryker
14.3.10 Zimmer Holdings
